Archive List for Business

Honda (HMC) is recalling 2.5 million cars after reporting a fuel pump issue that could put drivers at risk of a crash. This follows Toyota’s (TM) recent recall of 1 million Toyota and Lexus vehicles with airbag issues, and a recall from Tesla’s (TSLA) last week. Autoblog Editor-in-Chief Greg Migliore joins Yahoo Finance Live to weigh in on the influx of recalls and what this suggests about the automobile industry. Migliore does not see this recall as a negative, stating “automakers are becoming increasingly proactive,” which will ultimately benefit the customers. Migliore notes that in Honda’s case the fix will be a “fairly simple.” About Yahoo Finance: Yahoo Finance provides […]

Angola is leaving the Saudi-led oil producer group OPEC, saying that the country does not gain anything from its membership. Yahoo Finance’s Julie Hyman and Josh Lipton discuss how this news has impacted the oil market and tensions within OPEC. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance #angola #opec #yahoofinance

The Biden administration is considering raising tariffs on Chinese EV exports to the U.S., according to a report from the Wall Street Journal. The move may be a part of Biden’s broader attempts to bolster the clean energy industry in the U.S. against cheaper Chinese exports. Yahoo Finance Rick Newman joins the Live show to give insight into the report and the implications for both the U.S. and Chinese economy. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – […]

The stock market went through a bit of a rally in recent weeks, until Wednesday afternoon when the market pulled back. After commentary and data from the Federal Reserve on interest rates, many on Wall Street have been debating how the economy will play out for 2024. Jeff Bierman, TheoTrade Chief Market Technician, joins Yahoo Finance to break down his feelings on the current status of the market as well as what is in store for 2024. Bierman claims that oil (CL=F, BZ=F), among others, is a clear indicator of a recession: “” If we are not going into a recession, which is what the market is signaling, then I […]

“Warner Bros. Discovery (WBD) CEO David Zaslav met with Paramount Global (PARA) CEO Bob Bakish about a potential deal, according to a report from Axios. Analysts have expected to see Paramount to engage in some sort of M&A activity this year, but the companies’ debt loads have raised some concerns. Yahoo Finance’s Seana Smith and Brad Smith report on some of the analyst commentary surrounding the news. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo […]

Apple (AAPL) is set to comply with a recent ruling in an intellectual property dispute with medical firm Masimo—removing Apple Watch 9 and Ultra 2 from US stores by December 24th, and online, December 21st. What impact will this pull have on the tech giant? CFRA Research Senior Equity Analyst Angelo Zino joins Yahoo Finance Live to weigh in. Zino notes that despite the Apple Watch being the “bread and butter” for Apple during the holiday season, overall, the impact will be minimal. Zino expect a 2% negative impact on revenue, stating that this pull is “not something you want to see if you’re an investor, but nonetheless its something […]