Author: IA PressRoom

Dear MarketWatch,  I’m looking for a place that has year-round mild, sunny weather, ideally with low humidity, and is near or on the water. It should be relatively remote — something like a warm, sunny version of Alaska. I have $125,000 to spend.  Esta  Dear Esta, There are definitely remote spots and small towns in the U.S. that meet your description of a warm, sunny version of Alaska. But add to that your desire to be near or on water, and it becomes harder to find an ideal place to escape to, especially one that’s within your budget. You may…

© Reuters. Nidec Corp’s logo is pictured at an earnings results news conference in Tokyo, Japan, July 25, 2018. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Nidec said on Sunday that it is teaming up with Brazilian firm Embraer to form a new company that will make parts for flying cars and be set up in the United States. The new firm, to be known as Nidec Aerospace, will be based in St Louis, making use of existing factories of both firms in Brazil and Mexico. Nidec will take a 51% stake in the company and Embraer 49%, it added in…

asbe Last week’s declining financial stocks reflected an acquisition by a large stock exchange operator and softer outlooks at two large regional banks. Meanwhile, the climbers were led by a fintech that received some favorable attention from a sell-side analyst and included three Argentine banks. Overall, financial stocks ended the week in the green, but underperformed the broader market. The Financial Select Sector SPDR ETF (NYSEARCA:XLF) rose 1.2% during the week, lagging the 2.6% gain for the S&P 500. Nasdaq (NASDAQ:NDAQ) dropped the most of financial stocks with market cap over $2B during the week ended June 16, falling 11%…

© Reuters. A Boeing Dreamlifter sits on the tarmac at their campus in North Charleston, South Carolina, U.S., May 30, 2023. Gavin McIntyre/Pool via REUTERS/File Photo By Valerie Insinna PARIS (Reuters) – U.S. planemaker Boeing (NYSE:) slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled by demand from low-cost carriers. Boeing expects airlines will need to buy 42,595 jets from now until 2042, up from 41,170 planes in its previous 20-year forecast last year. The latest projection — released on Sunday ahead of the Paris Airshow — is still lower…

Binance.US and the Securities and Exchange Commission have reached an agreement that avoids a total asset freeze at the cryptocurrency exchange while the SEC’s lawsuit against it proceeds. Under the deal announced Saturday, Binance Holdings, BAM Management US, BAM Trading Services and founder Changpeng “CZ” Zhao will repatriate Binance.US customer assets to the U.S. Binance.US customers are permitted to withdraw funds from the platform, according to the order filed by US judge Amy Berman Jackson in Washington federal court. Read the court order here. Read the SEC statement here. In its June 5 lawsuit, the SEC had accused Binance and…

Michael Cohen, former President Trump’s onetime personal lawyer and the key witness against him in his New York state indictment, was denied early release from his probation following his three-year prison term Friday. U.S. District Judge Jesse M. Furman in Manhattan said that Cohen has continued to lie in recent comments, citing comments he made in a book and on television in March when he said he hadn’t committed tax fraud, his charges were “all 100 percent inaccurate” and that he was “threatened” by prosecutors into pleading guilty.   Cohen is a regular on cable news problems, often giving his opinion on Trump. Cohen’s…

© Reuters. FILE PHOTO: WestJet airline signage is pictured at Vancouver’s international airport in Richmond, British Columbia, Canada, February 5, 2019. REUTERS/Ben Nelms/File Photo (Reuters) – WestJet group is planning to wind down low-cost carrier Sunwing Airlines and integrate it into its main business, according to a memo seen by Reuters. The move is part of the integration process by WestJet which completed the acquisition of Sunwing airlines in May. Once the integration is complete, all Sunwing employees will continue to have employment with Westjet, said Len Corrado, President, Sunwing Airlines, in the internal memo sent to the employees. The…

Litecoin (LTC), one of the prominent cryptocurrencies in the market, has experienced a significant surge, rising by 8% from its previous level of $70. This upward movement has sparked speculation among investors, leading to questions about the potential for Litecoin to reach the $1,000 mark in 2023.In this Litecoin price prediction, we will take a look at the technical outlook and examine the possibilities for its future trajectory.Litecoin PriceThe current price of Litecoin (LTC) is $77, and the 24-hour trading volume is $285,408,830. Over the past 24 hours, Litecoin has experienced a nearly 1% increase.Litecoin currently holds the 12th position on…

peterschreiber.media/iStock via Getty Images Biologic drugs, among the most expensive medications that are often used in treating cancer and rare diseases, will propel European pharmaceutical companies to achieve more in sales than their US counterparts. By 2028, three of the top five pharma companies in terms of sales will be Europe based, according to analytics and consulting firm GlobalData. They are Roche (OTCQX:RHHBY), Sanofi (SNY), and AstraZeneca (AZN). The other two are Merck (NYSE:MRK) and Johnson & Johnson (NYSE:JNJ). In 2028, Roche (OTCQX:RHHBF) and Sanofi (SNY), are projected to be, respectively, the No. 1 and No. 2 top drugmakers in…

It was less than two weeks ago that Gov. Chris Sununu of New Hampshire passed on running for the 2024 Republican presidential nomination.Now, the popular governor, who’s been a staple on the national cable news networks and Sunday talk shows, sounds like he may be passing on running for an unprecedented fifth term steering the northeastern battleground state.”I haven’t firmly made the decision that I’m not going to run,” Sununu in an interview on Boston radio station WEEI on Friday. “I’m not leaning towards it,” Sununu said of another run. He later added that he’ll “talk to the family about it…