Winfield Associates Inc. increased its position in SPDR Dow Jones Industrial Average ETF by 0.3% in the second quarter. Technology firms like Apple have powered US indexes to new highs this year, attracting investors with their ability to grow earnings during a period of tepid economic expansion.
On Wednesday, Aug. 2, 2017, Qatar Airways said it is dropping an attempt to buy a big stake in American Airlin. Back in June when Qatar sent its intended an notice that it was interested, American's CEO Doug Parker told employees that the company wasn't "particularly excited" about the outreach, noting that "we find it puzzling given our extremely public stance on the illegal subsidies that Qatar, Emirates and Etihad have all received over the years from their governments".
Other passengers said he seemed anxious and fidgety during the flight and that he acted very quickly, making it hard for anyone to stop him. Passengers who witnessed the incident said the teenager, who was travelling alone, was "anxious and fidgety" on the flight.
Ford said total vehicle sales for last month tumbled 7.5% from a year, as a 19.4% plunge in auto sales and a 7.1% slide in truck sales offset a 2.2% rise in SUV sales. Ford also cut fleet sales by 26 percent, and had to stop sales of its Transit commercial van for a few weeks for a recall. Automakers are still seeing healthy profits thanks to consumers' preference for SUVs.
Worked at BP for 29 years before stepping down from the board in 2014 to become CEO of British Gas owner Centrica . Centrica, Britain's largest energy supplier and owner of household energy supplier British Gas, announced it would raise electricity tariffs from September 15 but would hold gas prices at current levels.
Musk confirmed that production for the Model 3 is already ramping up at Tesla's Gigafactory in Nevada, US. But the handover event came as nearly an anticlimax for Wall Street, and TSLA shares started tumbling after Musk told journalists ahead of the ceremony, "We're going to go through at least six months of manufacturing hell".