As Michael Cohen goes to jail, Trump goes to the wall

Michael Cohen’s off to jail, doo-da, doo-da. Michael Flynn’s a convict too, oh, do-da-day! Whoops! That part of me that’s biased —- in favor of liberal concepts like the Constitution and the rule of law — just showed. Pity. Welcome to the end of Donald Trump’s presidency, or at least his first term. This week’s events — Wednesday’s sentencing of […]

Read more

This company turned its earnings call into a skit that involved ‘port-a-potties’

Zuora Chief Executive Tien Tzuo has at least one thing in common with Tesla Inc.’s Elon Musk: the opinion that earnings conference calls can be “boring” and “dry.” So Zuora ZUO, -18.91% opted to try something different this quarter, holding a “dialogue” instead of the traditional recitation of prepared statements. The basic format was “interviews” between the CEO and CFO about […]

Read more

Some Tesla suppliers now worry about getting paid

Tesla Inc.’s tumultuous year has fueled concern among some of its suppliers about the auto maker’s financial strength after production of the Model 3 car drained some of its cash, according to industry executives and documents. A recent survey sent privately by a well-regarded automotive supplier association to top executives found that 18 of 22 respondents believe that Tesla TSLA, […]

Read more

Stock futures inch up, putting indexes near records

U.S. stock-index futures were slightly higher on Monday, with major indexes poised to open near multimonth highs as investors remained optimistic that progress was being made in the contentious trade disputes between the U.S. and its major trading partners. Futures for the Dow Jones Industrial Average YMU8, +0.30% rose 70 points to 25,742, a gain of 0.3%. Futures for the S&P […]

Read more

Dow, S&P 500 halt 4-session skid as Turkish lira angst takes a breather

U.S. stocks closed Tuesday’s session solidly in the green, halting a multiday tumble for the three main equity benchmarks, which advanced as Turkey’s currency slide abated, allowing investors to focus instead on a healthy domestic economy and strong corporate results. The Dow Jones Industrial Average DJIA, +0.45% rose 0.5% at 25,300 (on a preliminary basis), the S&P 500 index SPX, […]

Read more