Business
- BusinessBloomberg
Retailer Express Seeks Bankruptcy Savior in Toys ‘R’ Us Owner
(Bloomberg) -- Express Inc. is looking to a stakeholder best known for its revival of Toys “R” Us to swoop in with a takeover bid once the retailer enters bankruptcy court, according to people with knowledge of the plans.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTraders Are Cashing Out of Markets En Masse‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityWH
1 min read - BusinessBusiness Insider
Billionaire investor Ray Dalio says he's owning gold to hedge the risk of debt and inflation crises
The risks of debt defaults and inflation boost gold as an investment, Dalio said. The precious metal has hit record levels in 2024.
2 min read - BusinessThe Wall Street Journal
America’s Cigarette Market Is Up for Grabs
Philip Morris will soon be able to sell its most successful smoke-free product in the U.S., setting up a battle with its former parent company Altria.
5 min read - BusinessBusiness Insider
China may be shaking out of its slump, and its economy could grow 5% this year after a surprising first-quarter performance, BofA says
BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate crisis and weak consumer demand.
2 min read - BusinessNebraska Examiner
Pipe supplier sues Summit Carbon Solutions for $15 million
An Arkansas pipe manufacturer is seeking more than $15 million from a company that wants to build a carbon dioxide pipeline system in Iowa amid delays of their agreement, according to a lawsuit filed this week. The lawsuit filed by Welspun Tubular says Summit Carbon Solutions commissioned the company to produce about 785 miles of […] The post Pipe supplier sues Summit Carbon Solutions for $15 million appeared first on Nebraska Examiner.
2 min read - USCoinDesk
Indian Man Pleads Guilty to Creating Spoofed Coinbase Website, Stealing $9.5M in Crypto
According to court documents, Chirag Tomar used his ill-gotten gains to buy Rolexes, Lamborghinis, Porches and more.
2 min read - BusinessBloomberg
Jane Street Strategy in Millennium Suit Involved India Trading, Hearing Reveals
(Bloomberg) -- The allegedly secret trading strategy over which Jane Street Group is suing two former traders and Millennium Management involves options trading in India, lawyers inadvertently revealed at a court hearing. Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTraders Are Cashing Out of Markets En Masse‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityJ
4 min read - BusinessZacks
Shockwave Medical (SWAV) Advances While Market Declines: Some Information for Investors
Shockwave Medical (SWAV) concluded the recent trading session at $329, signifying a +0.45% move from its prior day's close.
3 min read - BusinessZacks
Canadian Natural Resources (CNQ) Stock Moves -0.36%: What You Should Know
Canadian Natural Resources (CNQ) reachead $76.55 at the closing of the latest trading day, reflecting a -0.36% change compared to its last close.
3 min read - BusinessZacks
Emerson Electric (EMR) Stock Moves -0.67%: What You Should Know
In the closing of the recent trading day, Emerson Electric (EMR) stood at $108.58, denoting a -0.67% change from the preceding trading day.
3 min read - BusinessZacks
Cheniere Energy (LNG) Gains As Market Dips: What You Should Know
Cheniere Energy (LNG) closed the most recent trading day at $161.97, moving +0.96% from the previous trading session.
3 min read - BusinessZacks
Waste Management (WM) Gains As Market Dips: What You Should Know
Waste Management (WM) reachead $207.07 at the closing of the latest trading day, reflecting a +0.98% change compared to its last close.
3 min read - BusinessZacks
CVR Energy (CVI) Advances While Market Declines: Some Information for Investors
CVR Energy (CVI) closed the most recent trading day at $32.82, moving +0.83% from the previous trading session.
3 min read - BusinessZacks
Sunrun (RUN) Ascends While Market Falls: Some Facts to Note
Sunrun (RUN) closed at $10.25 in the latest trading session, marking a +1.38% move from the prior day.
2 min read - BusinessZacks
Crescent Energy (CRGY) Rises As Market Takes a Dip: Key Facts
In the most recent trading session, Crescent Energy (CRGY) closed at $10.97, indicating a +1.67% shift from the previous trading day.
3 min read - BusinessZacks
Agnico Eagle Mines (AEM) Rises As Market Takes a Dip: Key Facts
Agnico Eagle Mines (AEM) closed the most recent trading day at $63.84, moving +0.58% from the previous trading session.
3 min read - BusinessZacks
NRx Pharmaceuticals, Inc. (NRXP) Advances While Market Declines: Some Information for Investors
In the most recent trading session, NRx Pharmaceuticals, Inc. (NRXP) closed at $3.04, indicating a +0.66% shift from the previous trading day.
2 min read - BusinessZacks
Golden Ocean Group (GOGL) Stock Moves -0.54%: What You Should Know
Golden Ocean Group (GOGL) reachead $12.97 at the closing of the latest trading day, reflecting a -0.54% change compared to its last close.
2 min read - BusinessZacks
Kraft Heinz (KHC) Rises As Market Takes a Dip: Key Facts
Kraft Heinz (KHC) closed the most recent trading day at $37.78, moving +1.81% from the previous trading session.
3 min read - BusinessZacks
Why the Market Dipped But Lifeway Foods (LWAY) Gained Today
In the latest trading session, Lifeway Foods (LWAY) closed at $19.35, marking a +1.2% move from the previous day.
2 min read - BusinessZacks
Archer Daniels Midland (ADM) Ascends While Market Falls: Some Facts to Note
Archer Daniels Midland (ADM) concluded the recent trading session at $62.60, signifying a +1.43% move from its prior day's close.
3 min read - BusinessZacks
Global Partners LP (GLP) Gains As Market Dips: What You Should Know
Global Partners LP (GLP) closed at $46.10 in the latest trading session, marking a +1.25% move from the prior day.
3 min read - BusinessZacks
Energy Vault Holdings, Inc. (NRGV) Ascends While Market Falls: Some Facts to Note
Energy Vault Holdings, Inc. (NRGV) reachead $1.08 at the closing of the latest trading day, reflecting a +0.93% change compared to its last close.
2 min read - BusinessZacks
Uranium Energy (UEC) Stock Moves -0.59%: What You Should Know
Uranium Energy (UEC) reachead $6.79 at the closing of the latest trading day, reflecting a -0.59% change compared to its last close.
3 min read - BusinessZacks
Dave & Buster's (PLAY) Ascends While Market Falls: Some Facts to Note
Dave & Buster's (PLAY) reachead $53.70 at the closing of the latest trading day, reflecting a +0.13% change compared to its last close.
2 min read - BusinessZacks
Zoom Video Communications (ZM) Stock Moves -0.82%: What You Should Know
Zoom Video Communications (ZM) reachead $59.45 at the closing of the latest trading day, reflecting a -0.82% change compared to its last close.
3 min read - BusinessZacks
Why the Market Dipped But SM Energy (SM) Gained Today
In the latest trading session, SM Energy (SM) closed at $48.09, marking a +0.1% move from the previous day.
3 min read - BusinessZacks
DaVita HealthCare (DVA) Advances While Market Declines: Some Information for Investors
DaVita HealthCare (DVA) closed at $127.82 in the latest trading session, marking a +1.36% move from the prior day.
3 min read - BusinessZacks
Why United States Steel (X) Dipped More Than Broader Market Today
United States Steel (X) concluded the recent trading session at $38.59, signifying a -0.9% move from its prior day's close.
3 min read - BusinessZacks
Gilead Sciences (GILD) Increases Despite Market Slip: Here's What You Need to Know
Gilead Sciences (GILD) closed the most recent trading day at $66.76, moving +0.91% from the previous trading session.
3 min read - BusinessZacks
Phillips 66 (PSX) Advances While Market Declines: Some Information for Investors
The latest trading day saw Phillips 66 (PSX) settling at $154.71, representing a +0.91% change from its previous close.
3 min read - BusinessZacks
Diamondback Energy (FANG) Advances While Market Declines: Some Information for Investors
The latest trading day saw Diamondback Energy (FANG) settling at $200.74, representing a +0.57% change from its previous close.
3 min read - BusinessZacks
Moderna (MRNA) Stock Moves -0.58%: What You Should Know
Moderna (MRNA) reachead $101.41 at the closing of the latest trading day, reflecting a -0.58% change compared to its last close.
2 min read - BusinessZacks
Ultrapar Participacoes S.A. (UGP) Gains As Market Dips: What You Should Know
In the latest trading session, Ultrapar Participacoes S.A. (UGP) closed at $5.15, marking a +1.38% move from the previous day.
3 min read - BusinessZacks
Vertex Pharmaceuticals (VRTX) Gains As Market Dips: What You Should Know
In the most recent trading session, Vertex Pharmaceuticals (VRTX) closed at $394.28, indicating a +0.2% shift from the previous trading day.
3 min read - BusinessZacks
PVH (PVH) Ascends While Market Falls: Some Facts to Note
In the latest trading session, PVH (PVH) closed at $106.78, marking a +0.44% move from the previous day.
3 min read - BusinessZacks
Enterprise Products Partners (EPD) Ascends While Market Falls: Some Facts to Note
Enterprise Products Partners (EPD) closed the most recent trading day at $28.84, moving +1.41% from the previous trading session.
3 min read - BusinessZacks
StoneCo Ltd. (STNE) Gains As Market Dips: What You Should Know
In the most recent trading session, StoneCo Ltd. (STNE) closed at $15.30, indicating a +0.26% shift from the previous trading day.
3 min read - BusinessZacks
Altria (MO) Ascends While Market Falls: Some Facts to Note
In the latest trading session, Altria (MO) closed at $42.09, marking a +1.91% move from the previous day.
3 min read - BusinessZacks
CVS Health (CVS) Ascends While Market Falls: Some Facts to Note
In the most recent trading session, CVS Health (CVS) closed at $69.75, indicating a +0.52% shift from the previous trading day.
3 min read - BusinessZacks
Valero Energy (VLO) Gains As Market Dips: What You Should Know
Valero Energy (VLO) reachead $163.89 at the closing of the latest trading day, reflecting a +0.86% change compared to its last close.
3 min read - BusinessBusiness Insider
5 key issues that must be addressed on Tesla's upcoming analyst call for the stock to avoid even 'darker days,' Wedbush says
Tesla's call on Tuesday must address issues from China to AI in order to appease restless investors, analyst Dan Ives said.
3 min read - BusinessCNN Business
Your movie theater may be shortchanging your drinks, a lawsuit alleges
A Texas man filed a proposed class-action lawsuit against Cinemark, alleging that the theater chain’s 24-ounce drink cups can only hold 22 ounces of beer.
3 min read - BusinessCoinDesk
Bitcoin Pioneer Hal Finney Posthumously Wins New Award Named for Him
The Human Rights Foundation has announced that computer scientist and privacy advocate Hal Finney, who played a role in getting Bitcoin going 15 years ago, will posthumously be the first recipient of an award named in his honor. This roundup is part of CoinDesk’s “Future of Bitcoin” package. Fran Finney, his widow, will accept the inaugural Finney Freedom Prize on Hal’s behalf and plans to donate the monetary prize of 1 bitcoin {{BTC}} to a yet-unnamed charity.
5 min read - BusinessBloomberg
‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets Wrap
(Bloomberg) -- A selloff in the world’s largest technology companies hit stocks, with Wall Street traders gearing up for a deluge of results from the industry that has powered the bull market.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTraders Are Cashing Out of Markets En Masse‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityEquities extended their slide f
5 min read - BusinessBloomberg
Skittish Oil Market Enters an Uneasy Calm Over Middle East Risk
(Bloomberg) -- At no stage this week did crude futures trade higher than where they were last Friday, before Iran’s attack on Israel. Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTraders Are Cashing Out of Markets En Masse‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityAnd while prices jumped again this Friday after reports that Israel had struck back, futu
4 min read - USFreightWaves
Arkansas authorities bust truck driver accused of hauling illegal cigarettes
Arkansas authorities arrested a truck driver after a traffic stop allegedly revealed he was in possession of nearly 28,000 packs of untaxed cigarettes. The post Arkansas authorities bust truck driver accused of hauling illegal cigarettes appeared first on FreightWaves.
1 min read - BusinessReuters
Nike to lay off 740 employees at Oregon headquarters
The "second phase of impacts" would begin by June 28 at its headquarters, Michele Adams, Nike's vice president for people solutions, said in a legally mandated notice to state authorities. Nike had in December announced a cost savings plan for $2 billion over the next three years, and in February said it would cut about 2% of its total workforce, or more than 1,600 roles. It had about 83,700 employees as of May 31, 2023.
1 min read - BusinessBloomberg
Troubled Borrowers Seen Fighting for Runway Without Fed Cuts
(Bloomberg) -- The surprising resilience of the US economy would seem, on the face of it, to be good for corporations. But as the expansion plows ahead, pressures are forming beneath the surface to threaten some of the country’s riskiest companies.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTraders Are Cashing Out of Markets En Masse‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standst
6 min read - BusinessBloomberg
Fed Says Persistent Inflation Is Seen as Top Financial Risk
(Bloomberg) -- Higher-than-expected interest rates amid persistent inflation are perceived as the biggest threat to financial stability among market participants and observers, according to the Federal Reserve.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTraders Are Cashing Out of Markets En Masse‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits City“The risk of
3 min read