Red Bull announces new facility in Concord

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Red Bull announces new facility in Concord

CONCORD, N.C. — Red Bull announced Tuesday it is opening a new manufacturing facility in Concord, North Carolina, promising to bring hundreds of well-paying jobs to Cabarrus County. The facility will move into the old Phillip Morris plant on Highway 29 …
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Money Stuff: Elon Musk Never Wanted to Be CEO

Instead, the shareholders are suing Musk for violating his fiduciary duty to them as a controlling shareholder. The rule under Delaware law is that, if someone owns 51% of the stock (or rather 51% …
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Growth stocks push S&P 500, Nasdaq to record highs; inflation data weighs

July 13 (Reuters) – The S&P 500 and the Nasdaq scaled new peaks on Tuesday, helped by a rise in mega-cap stocks and a positive start to the earnings season, while a solid rise in consumer prices in June weighed on sentiment. Only four of the 11 major …
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Oil Advances Along With Broader Market Gains as Supply Gap Seen

Oil climbed amid broader market gains while the International Energy Agency said that crude traders are bracing for a deepening supply deficit. Futures in New York rose as much as 1.5%, garnering support from stronger equities, after earlier switching …
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These 2 Nasdaq Movers Are Winning Big Today

Shares of OrganiGram Holdings jumped 15% on Tuesday morning. The Canadian cannabis company’s fiscal third-quarter financial results were a vast improvement over what the company reported three months ago. Marijuana leaf held in …
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