© Reuters. Vaccine airlift delivers shot in the arm for airlines By Tracy Rucinski and David Shepardson CHICAGO/WASHINGTON (Reuters) -American Airlines and United Airlines said on Monday they were preparing to recall tens of thousands of furloughed employees as they awaited lawmakers’ approval of a fresh $15 billion inRead More →
Ether (ETH) price has shown an incredibly strong performance this week, rising more than 22% since the start of the week and currently less than one dollar away from setting a new high for 2020. Crypto market weekly price chart. Source: Coin360 As reported by Cointelegraph, the upcoming EthereumRead More →
Albuquerque, NM – May 29, 2020 – Feisty underdog and first generation cryptocurrency Reddcoin (RDD) launched the PoSV v2 consensus algorithm activation process on Christmas Eve 2019 enhancing all facets of support of the native lightning-quick blockchain to a self-funding independent model. That work has culminated in recent days andRead More →
© Reuters. FILE PHOTO: Switzerland’s national flag flies in front of the logo of Swiss drugmaker Novartis in Basel (Reuters) – Swiss drugmaker Novartis AG (S:) is nearing an agreement to acquire U.S. biotechnology firm The Medicines Co (O:) for about $7 billion, the Wall Street Journal reported on Saturday.Read More →
© Reuters. Investing.com – Stocks surged higher Friday as investors embraced the prospect of more technology growth and shrugged off cautious fourth-quarter guidance from Amazon.com (NASDAQ:). The , ended up 0.41% on the day at 3,022.55. The index briefly breached its July 26 closing high and came within a pointRead More →
The sharks are circling Netflix Inc., and they smell blood in the water. Blood as in hemorrhaging users and a stock in freefall. Its salvation, ironically, may be a gangster epic that looks like a heavy Oscar favorite. The start of the traditional fall TV season in late September hasRead More →
© Reuters. FILE PHOTO: Bottles of prescription painkiller OxyContin made by Purdue Pharma LP on a counter at a local pharmacy in Provo By Mike Spector and Jessica DiNapoli NEW YORK (Reuters) – OxyContin maker Purdue Pharma LP is nearing a partial agreement to resolve widespread litigation over its allegedRead More →
Drew Angere/Getty Images A man carries a Barneys New York shopping bag outside of the store in Midtown Manhattan. The iconic luxury department store filed for bankruptcy. Struggling Barneys may have finally found its savior in the form of London-based online retailer Farfetch, The Post has learned. Barneys, which hasRead More →
© Reuters. Advent International nears $2 billion fundraising goal for tech fund – sources By Chibuike Oguh (Reuters) – Advent International, a U.S. private equity firm with $36 billion in assets under management, is set to raise $2 billion for its new technology-focused fund, people familiar with the matter saidRead More →
© Reuters. FILE PHOTO: The ticker symbol for for United Technologies is displayed at the post where it is traded on the floor of the NYSE By Greg Roumeliotis (Reuters) – United Technologies Corp (NYSE:) is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon (NYSE:)Read More →
Gardner Denver Holdings Inc. is nearing a deal to merge with a division of Ingersoll-Rand PLC, according to people familiar with the matter, in a combination that would create the world’s second-largest manufacturer of industrial pumps and compressors with a market capitalization of around $11.6 billion. Though the exact termsRead More →
© Reuters. FILE PHOTO: A SAS Airbus A320 airplane takes off from the airport in Palma de Mallorca STOCKHOLM/COPENHAGEN (Reuters) – Airline SAS said on Thursday it will cancel 205 flights from midnight until noon Friday as a precautionary measure in case of a threatened pilots’ strike. Swedish, Danish andRead More →
U.S. stocks marched toward new records midday Tuesday, with the S&P 500 and Nasdaq surpassing their all-time closing highs, as investors parse a wave of corporate earnings, including those from blue-chip consumer-focused companies, Coca-Cola Co. and Procter & Gamble Co. How are major indexes faring? The Dow Jones Industrial AverageRead More →
The Cboe Volatility Index touched its lowest level in six months on Friday as U.S. stock indexes surged, finishing near record territory, and raising some concerns that investors may be getting complacent. The VIX VIX, -7.76% referring to index’s ticker symbol, hit an intrasession low at 11.95 on Friday, markingRead More →
© Reuters. GCP Applied Technologies nears board deal with Starboard: sources By Greg Roumeliotis (Reuters) – U.S. construction and building materials supplier GCP Applied Technologies Inc is nearing a deal over the composition of its board with activist hedge fund Starboard Value LP, people familiar with the matter said onRead More →
© Reuters. Exclusive: Apollo nears $3 billion deal to buy Cox TV stations – sources By Liana B. Baker and Greg Roumeliotis (Reuters) – Apollo Global Management LLC is nearing a roughly $3 billion agreement to acquire Cox Enterprises Inc’s 14 regional TV stations, the biggest in a series ofRead More →
