Tag: stock

TechUber, Lyft, DoorDash stocks close down after U.S. Labor secretary says gig workers should be classified as employeesPublished Thu, Apr 29 202112:32 PM EDTUpdated 1 Min AgoJessica Bursztynsky@jburszShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsShares of Lyft, Uber and DoorDash dropped Thursday after Secretary of Labor Marty Walsh told…

A man counts U.S. dollar banknotes in Beirut, Lebanon, March 23, 2021.Concise insights on global finance.———————————————–ART OF WAR. Ares Management (ARES.N) is upping the ante in the booming market for private credit. The asset manager that oversees $197 billion has just raised 11 billion euros for a fund that will lend directly to European medium-sized…

Volkswagen group CEO Herbert Diess delivers a speech during a visit to the SEAT (Volkswagen group) carmaker’s factory in Martorell, near Barcelona, March 5, 2021. REUTERS/Albert GeaVolkswagen (VOWG_p.DE) boss Herbert Diess is stepping down as head of the supervisory boards at subsidiaries Seat and Skoda to focus on building up a stronger software-development team, a…

Please try another search Economy2 hours ago (Apr 28, 2021 06:00PM ET) © Reuters. FILE PHOTO: Federal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing in Washington (Reuters) – The U.S. Federal Reserve is looking into risk management breakdowns at some of the banks that were involved in the meltdown of New…

The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan ErnstAlex Oh, who last week became the first woman of color to lead the U.S. securities watchdog’s enforcement division resigned on Wednesday due to potential conflicts of interest created by her previous work as…

Niko Goodrum hit a go-ahead, two-run homer and the visiting Detroit Tigers overcame five errors and snapped a five-game losing streak by downing the Chicago White Sox 5-2 on Tuesday.Goodrum’s homer was his third this season and broke a 2-2 tie. Miguel Cabrera and Jonathan Schoop hit solo home runs for Detroit, which had lost…

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%…

* 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…

RetailCrocs shares soar as shoemaker raises 2021 sales outlook, sees growth of 40% to 50%Published Tue, Apr 27 20217:35 AM EDTUpdated Moments AgoLauren Thomas@laurenthomasShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsCrocs reported record first-quarter sales and raised its sales outlook for the full year. CEO Andrew Rees said demand…