The Shenzhen-based company is backed by US investor Warren Buffett. BEIJING: BYD Co Ltd, a major electric vehicle maker in China, said on Friday it had become the world’s largest mask maker, helping it post a 14.3% rise in profits on Friday in the first half year, even as car sales fell due to the […]
Protesters block the entrance to a courthouse in Los Angeles on August 21, 2020. VALERIE MACON | AFP | Getty Images The rich are really getting richer. Two Federal Reserve economists recently looked at the evidence and concluded that the gap is widening further. Federal Reserve economists Isabel Cairo and Jae Sim found that the […]
Stock investors of all stripes care about corporate earnings. Fans of fast-growing companies prefer profits growing at a high compound rate, for example, and those looking for undervalued names may covet companies whose stock prices look cheap relative to earnings per share. Lately, the earnings picture for the entire stock market has been more cloudy […]