Business
FBI Reaches out to Sen. Burr Over Stock Sales Before Coronavirus Market Slide
(WASHINGTON) — The FBI has reached out to Sen. Richard Burr about his sale of stocks before the coronavirus caused markets to plummet, a person familiar with the matter said Monday.
The outreach suggests federal law enforcement officials may...
Topics: FBI
Real estate funds give to Hawaii Resilience Fund coronavirus efforts
Nareit Hawaii has given $50,000 to the Hawaii Resilience Fund and the Hawaii Life Charitable Fund will match the first $40,000 in donations made for the fund, established by the Hawaii Community Foundation and Pierre and Pam Omidyar to help the...
Why Cruise Line Stocks Plunged Again on Monday
Shares of cruise line stocks had another rough day on Monday as the market worried they may not come out of the COVID-19 crisis. Carnival Corp (NYSE: CCL) fell as much as 18.7% in early trading and is down 10.9% at 2:30 p.m. EDT. Royal Caribbean...
Topics: US Equity Markets
Why some of America’s best-known companies won’t qualify for bailout money
Macy’s and Gap Inc. are furloughing most of their workers as their sales collapse — but they might not qualify for the massive backstop for companies that Congress just passed because their finances are so bad that their debt is rated as...
China's GDP Growth to Decline to 2.3% in Baseline Scenario in 2020 - World Bank
WASHINGTON (Sputnik) - China's GDP growth is expected to decline to 2.3 percent in the baseline scenario in 2020 due to the novel coronavirus (COVID-19) pandemic, the World Bank said in a report.
Topics: China, Banking
Brent Crude Drops to $22 Per Barrel For 1st Time Since March 2002 - Trading Data
The prices dipped on the heels of a WTI crude oil drop below $20 for the first time since February 2002. Crude prices have been turbulent over the past month against the backdrop of the coronavirus pandemic, which has caused a decline in global...
Cronos Group Inc. (CRON) Q4 2019 Earnings Call Transcript
Image source: The Motley Fool.Cronos Group Inc. (NASDAQ: CRON)Q4 2019 Earnings CallMar 30, 2020, 5:30 p.m. ETOperatorContinue reading
Topics: Nasdaq, US Equity Markets
Top ETF Areas of Last Week
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco DB US Dollar Index Bullish ETF (UUP): ETF Research Reports U.S. Global Jets...
Topics: Invesco
Aptinyx Inc. (APTX) Reports Q4 Loss, Lags Revenue Estimates
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aptinyx Inc. (APTX): Free Stock Analysis Report To read this article on Zacks.com...
Roughnecks LB Brian Peters to Donate Half of XFL Salary to COVID-19 Relief Funds
Houston Roughnecks linebacker Brian Peters is donating half of his XFL paychecks to the Frontline Responders Fund to contribute to coronavirus relief...
The Zacks Analyst Blog Highlights: Apple, Cisco, PepsiCo, AstraZeneca and NextEra
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cisco Systems, Inc. (CSCO): Free Stock Analysis Report AstraZeneca PLC (AZN): Free...
Topics: Apple (AAPL), Cisco (business), PepsiCo, Astrazeneca
Report: Department of Justice Approves Morgan Stanley Acquisition of E*Trade Financial
The acquisition of online brokerage E*Trade Financial (NASDAQ: ETFC) by white-shoe investment bank Morgan Stanley (NYSE: MS) has won approval from its most critical regulator. According to a report in Bloomberg citing "a person familiar with the...
Topics: Morgan Stanley, Nasdaq, US Equity Markets, Banking, Bloomberg
"Stop The Revolver Run": Cash-Strapped Banks Quietly "Discourage" Companies...
"Stop The Revolver Run": Cash-Strapped Banks Quietly "Discourage" Companies From Drawing Down Their Loans
One week after the Fed expanded its "bazooka" by launching a "nuclear bomb" in the words of Paul Tudor Jones , at fixed income ca
Topics: Banking, Fed
Jim Grant Warns Fed's 'All-In' Actions Are A "Clear-And-Present-Danger" To US Creditors
Jim Grant Warns Fed's 'All-In' Actions Are A "Clear-And-Present-Danger" To US Creditors
In a veritable treatise on all that was wrong with The Fed's actions, Jim Grant - founder and editor of Grant's Interest Rate Observer - was somehow
Topics: Fed
Dow Jones News: Microsoft Cloud Demand Soars; United Technologies' Merger Almost Complete
The stock market was staging a small rally on Monday morning, with the Dow Jones Industrial Average (DJINDICES: ^DJI) up 1.2% at 11 a.m. EDT. Over the weekend, U.S. President Donald Trump extended social distancing guidelines through the end of...
Topics: Microsoft (MSFT), Donald Trump
Bills are Due and Payable: Workplace Strikes and Rent Strikes
A round-up of strike activity, with advice for the Sanders campaign.
Raytheon, United Technologies Merger Gets Green Light to Proceed
The merger between Raytheon (NYSE: RTN) and United Technologies (NYSE: UTX), in the works for nearly a year now, is finally ready to close.On Monday, the companies confirmed that they "have received the necessary regulatory approvals for their...
Topics: US Equity Markets
Ford Joins Effort to Make Ventilators: Live Business Updates
Live updates on stock market and business news during the coronavirus outbreak.
Topics: Ford
Dollar General Offers 10% Discount to Healthcare Workers and National Guard
Dollar General (NYSE: DG) is offering a 10% discount to healthcare workers, first responders and National Guardsmen at all of its approximately 16,300 locations in the U.S. The discount is available starting today and continuing through April 30....
Topics: US Equity Markets
DEED creates unemployment application schedule to cope with high demand
MinnPost photo by Peter CallaghanDEED Commissioner Steve GroveDesperate measures. The Pioneer Press’ Dane Mizutani reports: “As unemployment claims continue to hit an all-time high across the country, the Minnesota Department of Employment and...
Topics: Unemployment, Business Photos