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Here are Tuesday's biggest calls on Wall Street: Loop initiates NXP Semiconductor as buy The firm said it's bullish on the semiconductor company. Morgan Stanley reiterates Walmart as overweight Morgan Stanley raised its price target on the stock to $89 per share from $82 ahead of earnings next week. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with the stock heading into a Trump administration. Morgan Stanley upgrades International Flavors to overweight from equal weight Morgan Stanley said in its upgrade of International Flavors that the fragrance and spice company is undervalued. Morgan Stanley upgrades Viking to overweight from equal weight Morgan Stanley said it sees an attractive entry point for the cruise company.
Persons: it's bullish, NXPI, Mizuho, it's, Morgan Stanley, WMT, Tesla, VIK, Redburn, Ross, Robinson, Wells, Bristol Myers, MoffettNathanson, D.A, Davidson, Snowflake Organizations: Semiconductor, NXP Semiconductor, Nvidia, Mizuho, TAM, 4Q, Citi, Deutsche Bank, Deutsche, " Bank of America, & Co, Bank of America, Apple Locations: eCommerce, VIK, OW, Wells Fargo, Bristol
watch nowAfter two years of record drought conditions amid a challenging El Nino weather system which decimated vessel transits, the Panama Canal is experiencing a trade rebound. The U.S. is the largest user of the Panama Canal, with total U.S. commodity export and import containers representing about 73% of Panama Canal traffic, and 40% of all U.S. container traffic traveling through the Panama Canal every year. Despite competition from the Suez Canal, Vásquez predicts that the Panama Canal will recover to pre-drought volumes, with a focus on larger vessels and energy-related trade. The Panama Canal drought began in late 2022 and was described as the worst in the canal's history by January 2024. The Panama Canal Authority reported a 29% drop in vessel transits during fiscal year 2024.
Persons: Ricaurte Vásquez, Vásquez Organizations: Panama Canal Authority, CNBC, Panama Canal, Maersk, Port, International Longshoremen's Association Locations: Nino, Panama, U.S, Gatun, Suez, Port of Panama, Asia, Gulf Coasts
Knowing that Avocado makes some of the best organic mattresses, I turned to the Avocado Eco Organic Mattress Topper, a plush and supportive latex topper that sleeps cool. Avocado Eco Organic Mattress Topper The Avocado Eco Organic Mattress Topper is made from organic latex, and adds both support and comfort to your bed. Rebecca Shinners/Business InsiderThe Avocado Eco Organic Mattress Topper offers customization options for different preferences and sleeping habits. Our review of the Avocado Eco Organic Mattress TopperAdvertisementSetupThe Avocado mattress topper arrives vacuum-sealed and unfurls like a mattress in a box. The standard truly beats competitor latex designs in price, like the two-inch Birch Plush Organic Mattress Topper or Saatva's 1.5-inch latex mattress topper.
Persons: Rebecca Shinners, I'm, I've, Boll, it's, It's, Jaclyn Turner, Topper Organizations: Business, FSC, UL Environment Locations: GOLS, California, New York City, Peruvian
UK's Starmer sets out new 2035 climate goal
  + stars: | 2024-11-12 | by ( ) www.cnbc.com   time to read: +1 min
Britain's Prime Minister Keir Starmer speaks at a press conference, during his visit to the European Commission headquarters on October 2, 2024 in Brussels, Belgium. Prime Minister Keir Starmer said Britain would cut greenhouse gas emissions by 81% by 2035 as he committed the country to a more ambitious climate goal at the United Nations COP29 climate summit. The new goal is in line with a recommendation from a committee of climate advisers who said last month the target should exceed the current 78% cut to emissions, measured against 1990 levels. Starmer said the British public would not be burdened because of the new target, which excludes international aviation and shipping emissions. We're not going to start dictating to people what they do," he said.
Persons: Keir Starmer, Starmer, We're Organizations: Britain's, European Commission, United Locations: Brussels, Belgium, Britain, United Nations, Baku, Azerbaijan, British
Manufactured housing, sometimes called mobile homes, are homes made in a factory rather than constructed on site, and they have been surging in popularity this year amid America’s housing crisis. Instead, they’re turning to the internet for lower-cost options, whether a pop-up foldable house kit, a tiny home or a traditional mobile home. Amazon is not the first major retailer to sell manufactured homes. More than 100 years ago, American retailer Sears, Roebuck and Co began selling kit homes from its catalog, with some for under $1,000. A 2023 Urban Institute paper argued that mobile homes were “uniquely vulnerable” to natural disasters compared to other housing.
Persons: Julie Johnson, homeownership, SSRS, George Rose, Donald Trump, Sears, Marc Norman, ” Norman, Katie Currid, , Norman, Johnson, ” Johnson, Rebecca Blackwell, Johnson’s, Julie Johnson's, Patrick Harker, ” Harker, , ” CNN’s Chris Isidore Organizations: CNN, Facebook, National Association of Realtors, Getty, Census Bureau, Sears, Roebuck, Schack Institute of Real, New York University, Daily News, Urban, Hurricane, Federal Reserve Bank of Philadelphia, Locations: North Carolina, America, Boulder City, Boulder City , Nevada, Staunton , Virginia, Staunton, Mobile, Hurricane Milton, Englewood , Florida
Walmart is testing tech that lets employees use an app to unlock anti-shoplifting displays. The tech, currently in several hundred stores, could lead to shoppers having access too. 1 in 5 shoppers surveyed said they would buy from another retailer when faced with locked-up merch. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The assumption behind the Freedom Case is that customers who share their personal information in order to access merchandise are unlikely to steal.
Persons: , Carol Spieckerman, Chris Walton, Spieckerman Organizations: Walmart, Service, Bloomberg, Omni, Kroger, Safeway
Critics of the proposed tariffs say the policy could lead to higher prices for U.S. consumers. That leaves Asia and Europe having to quickly consider ways to mitigate the future impact of export tariffs, and whether to retaliate or to try to negotiate a get-out deal. But economists also say that the EU could try to use the carrot instead of the stick with the U.S., suggesting there are three other ways Europe might try to stop, limit or avoid Trump's likely tariff policy altogether. German Chancellor Angela Merkel deliberates with U.S. President Donald Trump during the G-7 summit in Canada on June 9, 2018. Jesco Denzel | Bundesregierung | Getty ImagesWhether there Europe can reach consensus on how or whether to do a deal with Trump is debateable, however.
Persons: Caitlin Ochs, Reuters Donald Trump's, Europe scrabbling, Trump, Flach, Donald Trump, Jean, Claude Juncker, Andrew Kenningham, Didier Lebrun, Photonews, Mujtaba Rahman, Ursula von der, Von der, Joe Biden, Kenningham, Angela Merkel deliberates, Denzel, Carsten Brzeski, Emmanuel Macron, Angela Merkel, There's Organizations: Reuters, Trump, ING, Germany's, International Economics, Germany, U.S, EU, Capital Economics, European Union, Getty, Eurasia Group, Sustainable Steel, US Trade, Technology Council, Bundesregierung Locations: Upper Bay, New York, U.S, Europe, EU, China, Asia, Germany, Ukraine, Canada, France
Editor's note: Business Insider's reporters and editors nominated leaders based on insights from past Climate Action honorees, expert sources, and reader submissions. Courtesy of Jayson RicamaraSaudi Arabia, with its hot desert climate and little fresh water, is one of the most difficult farming environments. AdvertisementIyris in October also launched a sustainable-farming pilot in Saudi Arabia with chemical and plastic manufacturers as well as companies including Red Sea Global, a luxury tourism developer. A UN climate panel estimated that harnessing wave energy could supply 20% more electricity than the world produced in 2022. The US is trying to shore up its own mining and manufacturing base to curb China's power, including in battery recycling.
Persons: Derya Baran, Iyris Derya Baran, Jayson Ricamara, Baran, SecondSky, who's, Inna Braverman, Braverman, David Leb, Charles Callaway, Environmental Justice Charles Callaway ., Callaway, Clara, Gretchen Cara Daily, Stanford University Gretchen Cara Daily, Daily, NatCap, Juan Carlos Navarro, Panama Juan Carlos Navarro, Panama Navarro, José Raúl, Haiti —, Navarro, del, Reinhold Gallmetzer, Reinhold, Gallmetzer, Brazil's JBS, packer, Diane Gilpin, Smart Green Shipping Diane Gilpin, Gilpin, Drax, Roberta Tuurraq Glenn, Borade, Savok Glenn, Glenn, Cynthia Houniuhi, Houniuhi, it's, Arvind Kumar, Prasad, Rice, Kumar, Ari Matusiak, Gazur, Matusiak, , Duncan McIntyre, McIntyre, Altenex, Ozane, Biden, It's, Delta, Liz Ricketts, Charlie Engman Ricketts, Ricketts, Ricketts didn't, Chao Yan, Princeton NuEnergy Chao Yan, Yan Organizations: Iyris, United Arab, King Abdullah University of Science, Technology, Red, Eco, UN, Eco Wave Power, Shell, Environmental Justice, Proctor Academy For Callaway, Metropolitan Transportation Authority, Green Institute, Callaway, Natural, Stanford University, Stanford, Facility, Ministry, Environment, Panama's, UNESCO, US State Department, National Association for, Nature, Center, for, Carrefour, Nestlé, Smart Green Shipping, Scottish Enterprise, International Windship Association, Maritime Organization, Union, Alaska Arctic Observatory, National Weather Service, AAOKH, University of Alaska, Pacific Islands, University of, International Court of Justice, United Nations, Prasad Seeds, Labor, Prasad, International Rice Research Institute, Rewiring, Reduction, Communities, Highland Electric, Schools, Highland, Beverly Public Schools, Fortune, Edison International, Louisiana, US Department of Energy, Ozane, White, LNG, Vessel Project, Biden, Department of Energy, Kantamanto, London . Brands, McKinsey, Princeton, New Jersey Institute of Technology, Princeton University, Princeton NuEnergy, Energy, Laboratory, EV Locations: Jayson Ricamara Saudi Arabia, Saudi Arabia, United Arab Emirates, Egypt, Spain, Ukraine, Cherkassy, Israel, Gibraltar, Port of Los Angeles, Porto, Portugal, West Harlem, New York City, Clara Hale, Costa Rica, Belize, China, NatCap, Stanford, Panama, Colombia, Venezuela, Haiti, Panama City, Brazil, Peru, Brazilian, , Norway's, Barrow, Furness, Alaska, University of Alaska Fairbanks, Utqiaġvik, Fanalei, Solomon Islands, Fiji, Vanuatu, Tonga, Asia, Saharan Africa, India, Philippines, Nepal, Bangladesh, Africa, Hyderabad, South, Southeastern Asia, Subhanpur, Rewiring America, Massachusetts —, Sulphur , Louisiana, Calcasieu, Vessel Project Louisiana, Accra, Ghana, New York, London, Kantamanto, Taiyuan, China's Shanxi, Argonne, South Carolina
A soldier for Yemen’s exiled government opened fire on Saudi troops as they exercised in eastern Yemen, killing two of them and wounding another in a rare insider attack during the kingdom’s nearly decadelong war there, officials said Saturday. The assault in eastern Hadramawt province comes as a yearslong cease-fire between Saudi Arabia and Yemen’s Houthi rebels largely has held despite the militants’ ongoing attacks against shipping in the Red Sea corridor. The attack on the Saudi troops took place Friday night in Seiyun, a city some 310 miles east of Sanaa. As troops worked out at a Saudi-led base there, the soldier opened fire, killing an officer and a noncommissioned officer, the state-run Saudi Press Agency said, citing a military statement. A Saudi-led coalition entered the war on behalf of Yemen’s exiled government in 2015.
Persons: Yemen’s, Wolf, Saudi solider, Aidarous, Hamid Rizq, ” Rizq, Mohammad Bagheri, Fayyad bin Hamid Al, Ruwaili Organizations: Saudi, Saudi Press Agency, Joint Forces Command, Yemeni Ministry of Defense, Yemen’s successionist Southern Transitional Council, First, Seiyun . Police, Authorities, United, Associated Press, Saudi Arabian Locations: Saudi, Yemen, Hadramawt, Saudi Arabia, U.S, Seiyun, Sanaa, Yemen’s successionist Southern, United Nations, Iran, Israel, Gaza, Lebanon, Amran, Houthi, Tehran
China has published baselines for a contested shoal in the South China Sea it had seized from the Philippines, a move that’s likely to increase tensions over overlapping territorial claims. Both China and the Philippines claim Scarborough Shoal and other outcroppings in the South China Sea. The statement added that one of the laws signed by Marcos, the Philippine Maritime Zones Act, violates China’s sovereignty in the South China Sea. This photo taken on February 15, 2024, shows an aerial view of over Scarborough Shoal in the disputed South China Sea. China stakes claim to almost the entirety of the South China Sea.
Persons: Ferdinand Marcos Jr, Marcos, Sta Rosa Organizations: Foreign Ministry, Scarborough, Philippine, Ministry, United, Philippine Maritime, Getty Locations: China, South China, Philippines, Scarborough Shoal, Philippine, Luzon, Beijing, United Nations, AFP, Vietnam, Asia
The US has sent Ukraine and Israel billions of dollars worth of ammunition in recent years. The wars in Ukraine and the Middle East show the US how much ammo it will need for its next big war. Beyond the ammunition, the US has also sent Ukraine a significant amount of armored vehicles, air-defense systems, drones, anti-tank weapons, small arms, and more. Given Beijing's formidable arsenal of anti-ship missiles, Navy vessels would need to be well-armed with interceptors to take down these threats and defend American assets in the Pacific. The US has transferred Patriot batteries and their associated interceptor missiles to Ukraine, where they have gotten a workout against Russian missiles.
Persons: , Bradley Martin, Biden, Dwight D, Eisenhower, Mark Cancian, Martin, Alexandra Shea, Lockheed Martin Organizations: US, Service, Factory, AP, Pentagon, Brown University, US Navy, Navy, US Marine Corps, Center for Strategic, International, RAND, US Army, Pacific . Officials, Russian, Ship Locations: Ukraine, Israel, Red, Navy, Russia, Ukrainian, Iran, Yemen, Gulf of Aden, Iranian, China
CNN —A day before Morgan Perigo’s 83rd birthday last month, an unexpected package showed up on his doorstep. In it was the 1965 McMaster University graduation ring he lost in 1977. Diver Alex Davis shows Morgan Perigo's long-missing graduation ring. The search narrowed down the initials to a Frederick Morgan Perigo, who goes by Morgan, and the school immediately notified him. Perigo explained to McQuigge how he originally lost the ring in 1977 on a trip with his family to Barbados.
Persons: Morgan Perigo’s, Alex Davis, Davis, Hurricane Beryl, , We’ve, we’ve, Karen McQuigge, Diver Alex Davis, Morgan Perigo's, McQuigge, Frederick Morgan Perigo, Morgan, Perigo, Perigo –, ” Davis, , ” McQuigge Organizations: CNN, McMaster University, “ McMaster University, FedEx Locations: Barbados
It's not cheap, though, so the ongoing Ergatta Black Friday sale is a can't miss chance to score your very own. Even though the month of November only just started, Ergatta has kicked off its Black Friday sale, offering shoppers up to $850 off its elite-level rowers and bundles. View at ErgattaLimited-Time Deal Ergatta Lite Rower $1,399.00 $1,799.00 Save 22% The Ergatta Lite Rower offers the brand's game-like rowing experience and beautiful design with a smaller footprint and lower price. View at ErgattaThe Ergatta Rower is down to $1,899 plus free shipping (usually $150) and a bonus $100 Ergatta Apparel Gift Card. The Ergatta Lite is also $400 off and down to $1,399 also with free shipping and the gift card.
Persons: Ergatta, Price Organizations: Business, Ergatta
Kendall VanGilder turned her eBay side hustle into a full-time business in 2024. She's made several strategic purchases that have helped her grow her business, including LED lights. Kendall VanGilder, who started listing apparel on eBay in 2022, turned the side hustle into a full-time business in 2024. As for inventory, "you can go into your closet or other places throughout your house and list things, and as long as you're making money on what you're listing, then you can take that money and reinvest it." Worthwhile purchases for a reseller: LED lights and a thermal printerVanGilder says two business-related purchases have been completely worth the money: LED lights and a thermal printer.
Persons: Kendall VanGilder, She's, , I've, VanGilder, that's Organizations: eBay, Service, Salvation Army, Urban, The Salvation Army, USPS Locations: TikTok, Cheapskate
Weeks after sticky black balls washed up on the famed beaches of Sydney, Australia, scientists say they have partly solved the mystery behind the “disgusting” blobs. Initially thought to be tar balls, the golf-ball-size debris turned out to be something much different — a combination of decomposed cooking oils, hair and food waste, the New South Wales Environment Protection Authority (EPA) said Wednesday. Balls collected for testing in a laboratory at the University of New South Wales in Sydney. They said preliminary test results indicated that the blobs were tar balls formed when oil comes into contact with debris and water. Sydney Water confirmed there were no issues at the Bondi or Malabar water facilities, while Transport for NSW Maritime reviewed recent weather patterns but found no clear answers, according to the statement.
Persons: , Balls, Jonathan Beve, , William Alexander Donald, Donald, we’re, ” Donald Organizations: New South, New South Wales Environment Protection Authority, University of New, Authorities, University of New South Wales Sydney, NBC News, Sydney Water, Transport, NSW Maritime Locations: Sydney, Australia, New South Wales, University of New South Wales, Bondi, University of New South, Victoria, Malabar
“Trump’s return to power will certainly bring greater opportunities and greater risks for China,” said Shen Dingli, a foreign policy analyst in Shanghai. AFP/Getty ImagesChallenges and opportunitiesBut Trump’s “America First” agenda and transactional worldview may also play in Beijing’s favor, experts say. “Although Beijing is deeply concerned about the unpredictability of Trump’s China policy, it reminds itself that challenges also bring opportunities,” said Tong Zhao, senior fellow at the Carnegie Endowment for International Peace. “If the US and Russia ease relations, it could create greater daylight between Russia and China, effectively driving a wedge between them.” Liu said. “From everything he has said, it’s clear that Trump considers China, not Russia, as the main adversary.”
Persons: Donald Trump, , , Shen Dingli, Xi Jinping, Trump, Xi, “ Trump, Liu Dongshu, Jim Watson, Larry Hu, Kamala Harris, Daniel Russel, Russel, Barack Obama, Tong Zhao, Joe Biden, Arleigh Burke, Halsey, Ismael Martinez, China’s, he’s, ” Zhao, Vladimir Putin, Liu, ” Liu Organizations: Hong Kong CNN, Foreign, Chinese Foreign Ministry, City University of Hong, Getty, Huawei, Investment, Macquarie, Republican, Asia Society Policy Institute, Shipping, Carnegie Endowment, International, NATO, Asian Nato, Trump, US Navy, U.S . Navy, AP, Russia Beijing, Communist Party, Industry, Wall Street Locations: Hong Kong, China, United States, Beijing, Shanghai, America, City University of Hong Kong, Lago, Florida, AFP, Asia, Lianyungang, China's Jiangsu, Europe, Western, Russia, Asian, Taiwan Strait, AP Taiwan, Taiwan, Washington, Ukraine
Trump's first 100 days are likely to be a rollercoaster, especially given his affinity for headline-grabbing moves. These structured channels helped ensure open dialogue on issues like tariffs, technology restrictions, and financial stability. A potential role for Elon Musk as a geopolitical go-between China might look to alternative channels to manage relations with Trump's administration. National security and AI, autonomous vehicles National security considerations will also be front and center in Trump's early China policy, especially regarding technology restrictions. Expect tariffs, technology restrictions, and Trump's unique brand of diplomacy to push the relationship to its limits.
Persons: Donald Trump, Xi Jinping, Kevin Lemarque, Donald Trump's, Trump, Mao Ning, Trump's, Biden, Elon Musk, Tesla, he's, Robin Ren, Ying Yong, Wu Qing, hasn't, Steve Wynn, Musk, Organizations: Reuters, White, U.S ., Foreign, Treasury, Commerce, Tesla Inc, Bloomberg, Getty, European Union, Trump Locations: Osaka, Japan, U.S, China, Beijing, Shanghai, Washington, Taiwan, European, South Korea, Trump's
Amazon's sales of cheap items are surging, driven by faster delivery speeds, executive says. Over 50% of those everyday essentials are now delivered on the same or next day, he added. "And these are especially the low-priced everyday essentials, the things that most households purchase every week." The goal has been to not only speed up deliveries, but also make it less expensive for the company to offer faster delivery. 'Real positive'During last month's analyst call, Jassy added that the growth of cheaper items is a "real positive" because it is predicated on faster delivery speeds.
Persons: , Doug Herrington, Herrington, Amazon's, Andy Jassy, Jassy, Brian Olsavsky, Mark Mahaney, Mahaney Organizations: Service, Business, Reuters, Amazon, HH
Over the past few years, he said, it's looked for factories in other countries, including Cambodia, Vietnam, Mexico and Brazil. Rosenfeld said about two-thirds of Steve Madden's business are U.S. imports. Of that, he said, "we currently source a little bit more than 70% of those goods from China." That means slightly less than half of its business would be at risk of tariffs on Chinese imports, he said. He said the company has moved more of its production outside of China since tariffs began under Trump's first administration.
Persons: Steve Madden, Donald Trump, Edward Rosenfeld, it's, " Rosenfeld, Steve Madden's, Trump, Tarang Amin, Trump's, Kate Spade, Scott Roe, we've, Gabrielle Fonrouge Organizations: Retail Locations: China, Cambodia, Vietnam, Mexico, Brazil
Starbucks' mobile app appeared to be down during the morning coffee rush on Thursday. AdvertisementSome Starbucks customers could not place orders through its mobile app on Thursday, the first day of the coffee chain's holiday menu. The message that some Starbucks app users saw on Thursday. Alex Bitter/BIDowndetector, a website that tracks website outages, showed a spike in user reports of problems with the Starbucks app around 8 a.m. Related Video Meet the Amazon warehouse workers paying the price for fast, free shippingThursday is the first day Starbucks' holiday offerings are on sale.
Persons: , Alex Bitter, chai, Gould 🖤, rinks., rian Organizations: Starbucks, Service, Business Locations: Washington ,, New York City
CNN —The mystery of the black balls that washed up on some of Sydney’s most iconic beaches last month has now been solved – and it’s more disgusting than you could ever imagine. Australian beachgoers were turned away from seven beaches last month after lifeguards spotted thousands of black spheres, prompting closures and clean-up efforts. People visit Coogee Beach in Sydney, Australia after authorities closed it to the public on October 16, 2024, following the sighting of mysterious black balls on its shores. These Sydney fatbergs were no ordinary fatbergs, however. The blobs contained everything from fecal matter to medication and recreational drugs, the scientists wrote.
Persons: , Jon Beves, Saeed Khan, William Alexander Donald, ” Donald, 9news, Fatbergs, Sydney fatbergs Organizations: CNN, University of New, UNSW, New South, New South Wales Environment, Protection Authority, Sydney, Getty, EPA, “ Authorities Locations: University of New South Wales, New, New South Wales, Bondi, Coogee Beach, Sydney, Australia, AFP, Birmingham,
You can typically imagine a two to three round process between a buyer and a seller," Profile Print founder and CEO Alan Lai told "CNBC Tech: The Edge." "Profile Print digitalizes food ingredients, so that buyers and sellers no longer need to ship samples physically," Lai added. Using its patented digital fingerprint technology, Profile Print quickly analyzes the identity and quality of ingredients. In 2024, Profile Print signed agreements with Brazil's two largest coffee manufacturers, as well as Instituto CNA, a government-backed institution representing Brazil's agricultural sectors. Watch Alan Lai demonstrate Profile Print's technology in the video above.
Persons: Alan Lai, Lai Organizations: CNBC Tech, Instituto CNA Locations: Singapore
Learn moreWhen I lived in New England, Christmas tree farms were a dime a dozen. That is why I was shocked when I moved to Kansas and found the options for buying real Christmas trees few and far between. If you too live in an area where real Christmas trees are pricey and hard to come by, or if going to pick out a Christmas tree just sounds stressful to-do list item, many stores are selling real Christmas trees that you buy inexpensively online and have delivered to your home. Check out our guide to the best artificial Christmas trees for various options at different price points. We've also curated guides to the best Christmas decorations, best ornaments, and best Christmas lights.
Persons: We've Organizations: Business Locations: New England, Kansas, Massachusetts
The global tariff threat is fueling calls for frontloading from all around the globe," he said. But they added it is based on the belief is tariffs increase the costs of trade, in turn lowering demand and volumes. "Shipping is a global industry feeding on international trade, so another Trump presidency is a step in the wrong direction," said Sand. "The knee-jerk reaction from U.S. shippers will be to frontload imports before Trump is able to impose his new tariffs." Logistics companies serving the Mexico to U.S. cross-border trade tell CNBC new Trump tariffs can have a negative impact on historic cross-border truck trade.
Persons: Donald Trump, Trump, Paul Brashier, Brashier, Swift, Ben Slupecki, Morningstar, Lars Jensen, Jensen, Peter Sand, Slupecki, Jefferies, Omar Nokta, Robert Lighthizer, Piper Sandler, Matthew Rubel, USTR, Obama, Peter Boockvar, Stephen Lamar, Lamar, Matthew Shay, Elect Trump Organizations: ITS Logistics, Trump, frontloading, Trucking, Hunt Transport Services, Schneider National, Norfolk Southern, CSX, Republican, U.S ., Maersk, . Shipping, Vespucci, CNBC, Shipping, U.S . Trade, Committee, Trade, White, Bleakley Financial, American Apparel and Footwear Association, National Retail Federation, Congress, Biden, Logistics Locations: United States, U.S, Maersk, East Coast, Mexico
But Shelby McFaddin, senior analyst at Motley Fool Asset Management, is looking beyond the end result. "Either potential administrations would bring an increase in infrastructure spending and inflation remains a concern." 'Success story' Looking past the election result, McFaddin named three stocks she likes right now, including shipping and parcel delivery giant United Parcel Service . Calling the company "really interesting," the analyst said it has "been a little bit of a success story," with a rebound in earnings and revenue. It's not necessarily the world's fastest grower, but it is a really reliable company with really strong management," she added.
Persons: Shelby McFaddin, CNBC's, Kenny Polcari, McFaddin, It's Organizations: United Parcel Service, UPS, CNBC, Mastercard Locations: U.S, Washington
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