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Finance
The widely cited ‘disconnect’ between Wall Street and Main Street suddenly
A "Now Hiring" sign advertising jobs at Lowe's is seen as the spread of the coronavirus disease (COVID-19) continues, in Homestead, Florida, U.S., April 17, 2020.Marco Bello | ReutersQuite unexpectedly and rather suddenly, investors have…
S&P 500 is mostly flat after four-straight losing days
The S&P 500 was mostly flat Friday following four-straight losing days as economic uncertainty loomed.The major index traded near the flatline. The Nasdaq Composite was also little changed. The Dow Jones Industrial Average rallied…
New China investment rules after Beijing’s after-school crackdown
Chinese ride-hailing company Didi offers cars for guests of the Annual Meeting of the New Champions 2017 (World Economic Forum's Summer Davos session) on June 27, 2017, in Dalian, Liaoning Province of China.VCG | Visual China Group |…
Amigo Holdings PLC founder instructs broker to sell entire stake if company
A vehicle controlled by James Benamor has instructed the broker to sell 1% of the lender every trading day until its stake reaches zero if the bid to oust the directors fails on June 17
() said it has received a notification that a…
China’s hog farmers struggle as pork prices swing and throw off debt-fueled
A breeder feeds piglets at a pig farm on May 13, 2020, in Bijie, Guizhou Province of China.Visual China Group | Getty ImagesBEIJING — Massive swings in pork prices in the last two years are roiling China's hog farm industry.To capitalize…
Bank of America announces new CFO, technology & legal heads
Bank of America CEO Brian Moynihan announced the most sweeping management overhaul of his 12-year tenure atop the giant financial institution.In a memo distributed to employees on Friday, Moynihan named a new chief financial officer,…
KR1 PLC invests in Plasm application platform
Plasm is a highly scalable platform designed to help developers build secure applications for fast and high capacity transactions on the Polkadot blockchain
() said it has participated in a token distribution event, or ‘lockdrop’, for…
Retail landlords under the cosh again as stores prepare to reopen from
"Landlords can expect a lot more bad news in the coming months,” said Patrick O'Brien, research director at retail analyst GlobalData.
Retail landlords needed more brave faces today after another raft of store closures and…
Stocks will break out of trouble and hit new record highs: Tony Dwyer
A significant buying opportunity may be unfolding on Wall Street.Canaccord Genuity's Tony Dwyer believes a record rally will follow the recent market tumult."We're going to move from this summer of indigestion into the year-end…
Southwest, Boeing, Coty, Beyond Meat & more
A view of the Wall Street street sign with the New York Stock Exchange during the coronavirus pandemic on May 25, 2020 in New York City.Noam Galai | Getty ImagesCheck out the companies making headlines midday Monday:Southwest — Goldman…