MarketsGameStop shares jump after the Reddit favorite raises $551 million in stock salesPublished Mon, Apr 26 20215:15 PM EDTUpdated An Hour AgoYun Li@YunLi626ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsGameStop sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation.Shares are up nearly 800%…
FILE PHOTO: Finland’s Prime Minister Sanna Marin arrives for the first face-to-face EU summit since the coronavirus disease (COVID-19) outbreak, in Brussels, Belgium July 19, 2020. John Thys/Pool via REUTERS HELSINKI (Reuters) – Talks between the five parties in Finland’s centre left ruling coalition on how to restart the economy will move into a second…
© Reuters. FILE PHOTO: U.S. President Joe Biden speaks speaks during a brief appearance at the White House in Washington WASHINGTON (Reuters) – President Joe Biden will seek an extra $80 billion to fund U.S. tax collections that would help pay for his plan to bolster childcare, universal prekindergarten education and paid leave for workers,…
FILE PHOTO: Botswana President Mokgweetsi Masisi speaks at a session at the World Economic Forum on Africa in Cape Town, South Africa, September 4, 2019. REUTERS/Sumaya Hisham/File PhotoGABORONE (Reuters) – Botswana’s president will miss a Southern African regional meeting he had been due to chair on Thursday to discuss recent attacks on Mozambique after a…
Please try another search Economy1 hour ago (Apr 27, 2021 03:54PM ET) © Reuters. Inflation Expectations Hit Eight-Year High Amid Reopening Cheer (Bloomberg) — A bond-market gauge of U.S. inflation expectations soared to the highest level in almost eight years as oil rose and data painted a picture of a strengthening economic recovery from the…
2/2 © Reuters. FILE PHOTO: The spread of the coronavirus disease (COVID-19) continues in Frankfurt 2/2 By Michael Nienaber BERLIN (Reuters) -The German government raised its growth forecast for Europe’s largest economy to 3.5% from a previous estimate of 3% as it expects household spending to support the recovery once COVID-19 restrictions are lifted, the…
* Tesla slips, weighs on S&P 500 and Nasdaq* 3M slides on warning of higher costs* UPS jumps as revenue tops expectations (Updates with close of trading)April 27 (Reuters) – Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the main indexes ending mixed as investors focused on wave of earnings…
(Reuters) – Boeing Co’s newly prolonged CEO Dave Calhoun will unveil the U.S. planemaker’s results on Wednesday juggling a barrage of technical and financial challenges under the shadow of mounting political tensions between the United States and China.Analysts will be pressing Calhoun for updates on the effective re-grounding of part of the 737 MAX fleet…
(Reuters) – Pioneer Natural Resources’s first quarter results will be hit by a $691 million loss on oil and gas derivatives, it said in a securities filing on Tuesday, becoming the latest U.S. shale oil company to warn of charges due to hedging.Many producers raced to lock in sales when crude oil prices rose to…
The U.S. Senate on Tuesday voted to confirm Janet McCabe as deputy administrator of the Environmental Protection Agency, who will play a key role in implementing the Biden administration’s plans to halve U.S. greenhouse gas emissions below 2005 levels over the next decade.The Senate voted 52-42, mostly along party lines, to approve her nomination.McCabe, an…
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