(RTTNews) - Asian shares finished lower, while European shares are trading down. Early signs from the U.S. Futures Index suggest that Wall Street might open lower.
Investors have recently become very enthusiastic about electric vehicle companies. Thanks to vast improvements in battery technology over the past decade, EVs are now getting closer to cost parity with gas-powered internal combustion engines. When you combine that with concerns
Snowflake (NYSE: SNOW) had one of the most anticipated IPOs of 2020 -- but with investments from Berkshire Hathaway and Salesforce, maybe it deserves the hype?
Safe thus far from the inroads of African swine fever virus (ASFV or ASF) behind the vast moats of the Atlantic and Pacific Oceans, Tyson Foods (NYSE: TSN), Pilgrim's Pride (NASDAQ: PPC), and other U.S. meatpackers appear to be positioned for potential profits as China bans impo
LONDON (Reuters Breakingviews) - Preparing for the worst is a tricky way to shore up confidence. But that is the balancing act Unibail-Rodamco-Westfield attempted on Wednesday with a plan to raise 3.5 billion euros from investors and 4 billion euros by selling assets. Th
Shares of cloud-native data management company Snowflake (NYSE: SNOW) opened on the New York Stock Exchange with a bang on Wednesday. Trading started at $245 per share, despite being priced at $120 just one day earlier.
Millions of Americans have been desperate for relief in the wake of the COVID-19 pandemic. While the coronavirus relief bill passed in March offered some help, it's been months since its stimulus checks went out. Meanwhile, unemployment is still disturbingly high and our economi
Stock market crashes aren't all that unusual. During your lifetime, you're likely to experience quite a few of them. But multiple major stock market crashes in the same year are practically unheard of.
(RTTNews) - 51job, Inc. (JOBS) said its Board has received a preliminary non-binding proposal letter from DCP Capital Partners, L.P. to acquire all of the outstanding common shares of the company for $79.05 in cash per common share. The Board of 51job, Inc. plans to evaluate the
In an updated S-1 filed with the Securities and Exchange Commission (SEC) on Wednesday, Unity Software raised the stock price for its upcoming initial public offering (IPO) to a range of $44 to $48, up from a range of $34 to $42. With more than 263 million shares outstanding, th
The U.S. cannabis industry is performing exceptionally well this year, even with a market that's limited by the lack of federal legalization. The coronavirus pandemic has helped drive sales of marijuana, and the drug is seeing growing acceptance as a consumer staple.
Don't assume that Social Security will provide most or all of what you need to live on in retirement: The average monthly retirement benefit was recently $1,517 -- about $18,200 on an annual basis. Of course, if you earned more than average during your working years, you can exp
The first half of September is over and the myth about the month’s volatility has already started showing up in Wall Street. Historically, September is known as the worst-performing month in Wall Street. The S&P 500 has lost 1% on average in September since 1928 to 2019, a
(RTTNews) - Asian stocks fell broadly on Thursday amid worries about the strength of the economic recovery after the U.S. Federal Reserve left interest rates unchanged and signaled rates are likely to remain at near-zero levels through 2023.
(RTTNews) - Commerzbank Aktiengesellschaft (CRZBY.PK) said the appointment of Michael Mandel as a member of the Executive Board will end by mutual agreement on September 30, 2020. Sabine Schmittroth will assume interim responsibility for the Private and Small Business Customers
(RTTNews) - News Corp (NWSA, NWS) said it plans to shift the printing of several of its publications in New York to a different facility in the city. The publications would be printed at The New York Times' College Point plant in Queens. This plan would result in the closure of
(RTTNews) - Shares of Mersana Therapeutics Inc. (MRSN), which closed at an all-time high of $25.70 yesterday, have gained an impressive 340 percent year-to-date, thanks to positive developments related to its clinical programs.