U.S. firms dominate a newly published list of arms and military services spend in 2018, accounting for well over half of global sales. SIPRI said Lockheed Martin’s arms sales exceeded $47 billion, boosted by a ramping up of deliveries of the F-35 fighter jet. Combined, these U.S. firms accounted for more than a third of global military spend in 2018 — at an estimated value of $148 billion. Revenue for all the 43 U.S. firms in the list adds up to $246 billion, around 59% of all arms sales by the

Companies with the highest level of carbon emissions will lose 43% of their value by 2025 as governments around the world implement climate policies, a new report has claimed. It analyzed how companies in the MSCI ACWI index — which includes more than 2,700 firms across 49 countries — would be impacted by “an abrupt and disruptive policy response to climate change.” According to the report, an “inevitable policy response” would permanently wipe up to $2.3 trillion from the value of the companies

The Kingdom Tower, operated by Kingdom Holding, left, stands alongside the King Fahd highway, illuminated by the light trails of passing traffic, in Riyadh, Saudi Arabia, on Saturday, Jan. 9, 2016. Saudi Arabia will no longer mandate that restaurants segregate seating areas and entrances according to gender and marital status. “This huge news,” said Sebastian Fish, a Swedish national who spent two years living in Saudi Arabia as an oil engineer and left in 2016. “Any change in Saudi Arabia is al

TOPSHOT – Vehicles run on the Paris’ ring road, the “Peripherique”, on December 9, 2019 in Porte de Vincennes in Paris, during a strike of Paris public transports over French government’s plan to overhaul the country’s retirement system, as part of a national strike. French commuters experienced a chaotic journey getting to work on Monday as public sector workers entered a fifth consecutive day of nationwide strikes. Nationwide, public sector workers have protested against government plans to up

Bank of America is betting on two little-known chip stocks that are positioned to win big from the rise of 5G. The firm double upgraded shares of Qorvo and Skyworks Solutions to buy from underperform. Bank of America raised Qorvo’s price target to $130 per share from $80 per share and hiked Skyworks Solutions’ price target to $122 per share from $92 per share. The firm estimates 1.4 billion 4G smartphones and several hundred million other devices will need to be upgraded when 5G materializes.

Shares of Wingstop look poised to rally 75%, and investors should buy the stock ahead of the company’s analyst day on January 16, Goldman Sachs said Monday. The firm added the restaurant chain to its “Americas Conviction List” based on same-store sales momentum and international growth opportunities.

Citi said in its downgrade of Chevron that it was “worried” about signs of “anemic returns” and “problematic project execution.” The 14-month underperformance of energy equities has been acute: global IOCs have lagged global equities by 20%, while for US E&P and Services, it has been over 50%. Within this mayhem, CVX has emerged as a relative safe haven, benefiting from balance sheet strength and clear capital allocation. But we think that safe-haven status might now be overplayed. 2019 has seen

Apple is poised to lose market share in China to local smartphone makers, who are ahead on 5G technology, according to Rosenblatt Securities. “We remain cautious on iPhone sales as recent signs point to Huawei’s 5G Mate 30 smartphone starting to gain market share in China in the high-end segment,” Jun Zhang, China tech analyst, said in a note on Monday. “Huawei has launched eight 5G smartphone models in China. We believe Apple will lose market share in China in the March quarter.” Huawei’s 5G Ma

The most impressive resumes concisely and compellingly illustrate one major message: “This is how I made things better for the companies I worked for.” While it might sound harsh, 90% of the time, I refuse to read through resumes that include an objective. No objectives, pleaseVirtually every objective I’ve read has either been too broad or too short, never just right. The second is just too “in your face,” while the last objective sounds overly presumptuous. Gary Burnison CEO, Korn FerryIn gene

But that may have created unrealistic expectations among millennials that markets will never go down and that investing isn’t that risky. Millennials, typically defined as those 23 to 38, “don’t have any clue” about risk, he says. How the investing environment shapes perceptionsThe past few years have created an almost perfect environment for millennials to discount the risks they’re taking when it comes to investing, Lafferty says. But Lafferty says while these companies can make investing simp

Bank of America is betting on two little-known chip stocks that are positioned to win big from the rise of 5G. The firm double upgraded shares of Qorvo and Skyworks Solutions to buy from underperform. Bank of America raised Qorvo’s price target to $130 per share from $80 per share and hiked Skyworks Solutions’ price target to $122 per share from $92 per share. The firm estimates 1.4 billion 4G smartphones and several hundred million other devices will need to be upgraded when 5G materializes.

Shares of Wingstop look poised to rally 75%, and investors should buy the stock ahead of the company’s analyst day on January 16, Goldman Sachs said Monday. The firm added the restaurant chain to its “Americas Conviction List” based on same-store sales momentum and international growth opportunities.

Virgin Galactic’s spacecraft, left, alongside the next in the company’s fleet under construction. Virgin Galactic shares rose more than 13% in trading from its previous close of $7.26. Morgan Stanley’s price target of $22 a share represents a 203% increase from Virgin Galactic’s current levels. Morgan Stanley forecast $800 billion in annual sales for hypersonic travel by 2040, or just about two decades from now. The firm is the third on Wall Street to begin covering Virgin Galactic’s stock.

Apple is poised to lose market share in China to local smartphone makers, who are ahead on 5G technology, according to Rosenblatt Securities. “We remain cautious on iPhone sales as recent signs point to Huawei’s 5G Mate 30 smartphone starting to gain market share in China in the high-end segment,” Jun Zhang, China tech analyst, said in a note on Monday. “Huawei has launched eight 5G smartphone models in China. We believe Apple will lose market share in China in the March quarter.” Huawei’s 5G Ma

Jordan Siemens | Getty ImagesWhen Tara Unverzagt started her own financial planning firm, South Bay Financial Partners, in 2014, she already had a head start. That’s because Unverzagt’s mother, Janet Tussing — one of the first female certified financial planners — was retiring and passed along her book of business. And because Pyne is Hispanic, he has also helped open her eyes to how different cultural backgrounds can affect financial planning. Adding young talent to a financial planning firm do

Why is it so difficult for people to do the right thing when it comes to money? So if we know what we should be doing around money, why is it so hard to make it happen? It turns out that, when it comes to money matters, we are wired to do it all wrong. Our brains have evolved over thousands of years to focus on short-term survival in a dangerous world with limited resources. It turns out that when we are doing what we should do around money we are overriding our natural impulses.

Merck & Company, Inc., d.b.a. Merck Sharp & Dohme outside the United States and Canada, is an American pharmaceutical company and one of the largest pharmaceutical companies in the world. Merck said on Monday it would buy cancer drug developer ArQule in a $2.7 billion all-cash deal, bolstering its oncology franchise with the smaller rival’s lead drug that is being tested as a treatment for blood cancer. The offer of $20 per share for ArQule is more than double its closing price on Friday. Merck’

France’s Sanofi on Monday agreed to buy California-headquartered biotechnology firm Synthorx in a cash deal worth about $2.5 billion as it steps up a push in the lucrative field of cancer drugs under its new chief executive. Sanofi has offered to buy all the outstanding shares of Synthorx common stock for $68 per share in cash, or a 172% premium to Synthorx’s closing price on Dec. 6, 2019. “This acquisition fits perfectly with our strategy to build a portfolio of high-quality assets and to lead

LAS VEGAS, NV – JULY 27: WNBA Commissioner Cathy Engelbert addresses the media before the AT&T WNBA All-Star Game 2019 on July 27, 2019 at the Mandalay Bay Events Center in Las Vegas, Nevada. McDonald’s announced Monday that it has elected Women’s National Basketball Association Commissioner Cathy Engelbert to its board. Chris Kempczinski, who formerly served as the president of McDonald’s USA, is now chief executive of the fast-food giant. She is the third woman on McDonald’s board, joining Anc

Apple will begin taking orders for its new Mac Pro, which starts at $5,999, on Tuesday, Dec. 10. Apple first announced the Mac Pro in June during its annual developer conference and said in mid-November that it would launch in December. The Mac Pro does not include a display, but Apple will also sell its new 6K Pro Display XDR, which starts at $4,999. But the Mac Pro isn’t built for regular consumers. “The Mac Pro is Apple’s most powerful computer ever and we’re proud to be building it in Austin