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Deere's Profit Rises On Stronger Machinery Sales

Deere's Profit Rises On Stronger Machinery Sales

Deere & Co. (NYSE: DE) said sales and profits in the latest period were lifted by demand in its construction and farming markets despite results falling short of Wall Street estimates.The weaker-than-expected results sent shares lower as the mar..

FedEx Acquires 1000 Chanje Electric Vehicles

FedEx Acquires 1000 Chanje Electric Vehicles

FedEx Corp. (NYSE: FDX) announced on Tuesday that it will acquire 1,000 Change V8100 electric delivery vehicles to expand its fleet. FedEx will acquire 100 of the vehicles from Chanje Energy and lease 900 from Ryder Systems.FedEx says it will intend..

China Faces Soybean Shortage as fallout from the Trade War with the U.S.

China Faces Soybean Shortage as fallout from the Trade War with the U.S.

Four months after China’s 25% retaliatory tariff on American good, Chinese farmers are now facing a soybean shortage. China, which is the largest importer of soybeans, relied on a steady and cheap supply of American soybeans to feed their farm..

China to Impose Additional USD 16 Billion in Tariffs on U.S. Goods

China to Impose Additional USD 16 Billion in Tariffs on U.S. Goods

China is imposing another 25% tariff on an additional USD 16 Billion worth of U.S. goods such as fuel, steel products, and auto and medical equipment, said the Chinese Commerce Ministry. The tariffs are set to take effect beginning August 23rd, the ..

The US - North Korea Tensions Impact the Markets

The US - North Korea Tensions Impact the Markets

Tensions are rising between the U.S. and North Korea and as expected, the political heat is leaving a mark on the market. When there is political turmoil that could have a significant global impact, it has always been seen that safe haven assets, ma..

Infosys Planned to Hire 2,000 US workers in North Carolina by 2021

Infosys Planned to Hire 2,000 US workers in North Carolina by 2021

On Thursday, Infosys Ltd (NYSE: INFY), the India-based information technology outsourcing company, announced its plan to hire 2000 US workers in North Carolina by 2021. The company also said that it will hire 500 workers in North Carolina within two..