High-yield market flashing ‘yellow’ on recession By Reuters


© Reuters. FILE PHOTO: Jeffrey Gundlach, chief executive and chief investment officer of DoubleLine Capital, speaks during the Sohn Investment Conference in New York By Jennifer Ablan and Trevor Hunnicutt NEW YORK (Reuters) – The high-yield “junk” bond market, which has been a leading indicator of recessions, is flashing “yellowRead More →

Nordstrom heir Blake Nordstrom dies at 58 By Reuters


© Reuters. FILE PHOTO: A sign directs shoppers to a Nordstrom store at a shopping mall in La Jolla (Reuters) – Nordstrom Inc (NYSE:) said its co-president, Blake Nordstrom, passed away early Wednesday morning at the age of 58. Blake Nordstrom passed away unexpectedly, the department store chain said lessRead More →

Drug companies greet 2019 with U.S. price hikes By Reuters


© Reuters. FILE PHOTO: The Allergan logo is seen in this photo illustration By Michael Erman NEW YORK (Reuters) – Drugmakers kicked off 2019 with price increases in the United States on more than 250 prescription drugs, including the world’s top-selling medicine, Humira, although the pace of price hikes wasRead More →

Wall Street Journal By Reuters


© Reuters. FILE PHOTO: Amazon logo is pictured in Mexico City (Reuters) – Amazon.com Inc (O:) is planning to expand its Whole Foods Market (NASDAQ:) portfolio by adding more stores to put more customers within its two-hour delivery service range, the Wall Street Journal reported on Sunday, citing sources. WholeRead More →