Month: September 2020

Central bank cites ‘economic uncertainty’ as it keeps restrictions in place until year’s end

The Leuthold Group’s Jim Paulsen builds part of his bullish case on diverging confidence levels between Wall Street and Main Street.

The first trading day of the fourth and final quarter of 2020 occurs on Thursday.

Carl Icahn will remain in charge of Icahn Enterprises for now, but the company will adopt a plan for his son Brett to succeed him …

There is a reason direct listings are so rare

Daly likened the rescue funding so far to a bridge that has helped growth recover somewhat but still needs to be extended.

Apollo’s Joshua Harris discussed the SPAC boom at the Delivering Alpha conference presented by CNBC and Institutional Investor.

A new ETF seeks to capitalize on the boom in ‘SPACS,’ whose purpose is to acquire companies and bring them into the publicly traded stock …

If you’ve been laid off during the Covid-19 crisis, rethinking how to pay your bills and replenish your greatest financial asset — your income — …

Social Capital Founder and Chief Executive Officer Chamath Palihapitiya said the stock market will continue to move higher regardless of a Trump or Biden presidency. 

Nikola postpones showcase, UK data intelligence test, LG’s swivelling Wing

Contraction of UK economy marginally better than first estimate, official figures show

Layoffs at Disney are the latest indication that real recovery is unlikely before a Covid-19 vaccine.

The pair of direct listings expected Wednesday on the New York Stock Exchange are the first major IPO deals of the sort since Slack and …

Starwood’s Barry Sternlicht implied he is voting for Biden but said the former vice president is “not strong on the economy.” 

Check out the companies making headlines in midday trading.

Financial experts say that new investors shouldn’t be encouraged to delay getting started by the threat of market volatility around the presidential election.

The oil and gas producer’s agonies are inextricably linked to the slow retreat of global capital from hydrocarbons

Online group is worth £21.7bn compared with rival’s £21.1bn after pandemic boosts shares

Nikola said it “remains committed to achieving” a set of milestones previously outlined despite founder Trevor Milton’s resignation amid claims of fraud and sexual assault.

Companies added jobs at a faster-than-expected pace in September due in good part to a surge in manufacturing hires, according to a report Wednesday from …

The HydroFLEX train is another example of fuel-cell technology being used to power vehicles.

The stocks making the biggest moves in premarket trading include Disney, Micron, Dow Inc., GM, and more.

Mortgage applications to purchase a home fell 2% for the week but were 22% higher than one year ago, according to the Mortgage Bankers Association.

Some extreme investor positioning suggests the summer’s weak dollar could rebound, to the detriment of stocks and commodities

Returns from successful tech IPOs and acquisitions are often funnelled back into the industry

China’s most-indebted property developer, China Evergrande, averted a near-term cash crunch, sending its shares and bonds sharply higher Wednesday—a surprising turnaround from less than a …

Today’s top sustainability news, including: UK stewardship overhaul, UN PRI swings the axe and gender-equality investing gets a boost

Energy has been the biggest drag on the market over the past week, month and year, but that could be about to change, two traders …

Investors are weighing the possibility of election results being delayed or mired in dispute, as well as the risk of a second wave of infections.

The Panel Report contains the results of cross sector network companies’ performance under the Stakeholder Engagement (and Consumer Vulnerability) Incentives.

Carlos Ghosn, the scandal-hitformer Nissan CEO who fled trial in Japan, is launching a business training program to help spark economic recovery in his native, …

Oil and gas major seeks to streamline its business after Covid-19 shock

The luxury electric sedan market in China is seeing more demand — and getting more crowded.

Chinese shares rise after data showing country’s economic recovery is accelerating

Multinationals will not achieve their sustainability agenda unless they convince smaller companies of the merits

Abu Dhabi sovereign-wealth fund Mubadala Investment Co. is making an investment in Silver Lake and contributing $2 billion to help the technology-focused private-equity firm launch …

The deal marks the SEC’s second such settlement in less than five months.

WealthWise Financial CEO Loreen Gilbert is building her bull case on the economic recovery.

A shift toward NAND flash will weigh somewhat on profits because of pricing pressure and higher costs associated with a new manufacturing process.

Preliminary US-China deal and higher bond yields attract investors

U.S. stock futures opened flat on Tuesday night after the release of coronavirus treatment data from Regeneron Pharmaceuticals.

These are the stocks posting the largest moves after hours on Tuesday.

Businesses face increasingly turbulent outlook due to pandemic, student protests and policy drift

Some analysts expect the S&P 500 to retest recent lows and find a bottom at the 200-day moving average at 3,109.

Palantir and smaller tech startup Asana are set to go public this week using a nontraditional process called a direct listing. Here’s what you need …

As the race for a Covid-19 vaccine enters the final stretch, investors should be more wary of common drug development pitfalls.

“We’re on a warpath here to change agriculture for the good, get chemical pesticides out, get labor practices we can all be proud of,” AppHarvest …

Solomon’s moves are the latest changes he has made to Goldman’s structure nearly two years into his tenure atop the bank.

Joe Biden, the Democratic contender for president, has released income tax returns for 2016, 2017, 2018 and 2019. He paid more than $111,000 in state …

The short-term government funding bill expected to be considered by the Senate on Wednesday includes a provision that would cap the 2021 Medicare Part B …

What the ‘agtech’ enterprise brings in feel-good hype, it does not quite yet bring in results

A 4 per cent dividend yield is still something; student accommodation providers face learning curve

Bank admits it manipulated precious metals and Treasuries markets for eight years

Stimulus checks and additional unemployment helped low and middle-income Americans pad savings amid the coronavirus pandemic, according to a Federal Reserve study. But those lifelines …

Bobbi Brown, who started over with a new business since leaving Bobbi Brown Cosmetics, said entrepreneurs need to start thinking outside of the box.

A woman will run a major division at Goldman Sachs for the first time in years as CEO David Solomon continues to put his mark …