Business

Two weeks ago, Raheem Mostert and his agent asked the 49ers for an exchange, citing “unproductive conversations” regarding a new contract. Mostert has no influence on the matter and the 49ers are unlikely to change him. The broker reportedly spoke to a top member of the organization to “clean the …

Right now, there is a tug-of-war between cyclical stocks and what has become the defensive game, the tech sector, apparently on a daily basis. “Washington and the Fed continue to push money into the system. And if the economy remains weak, then bonds and defense will do quite well, ”says …

In an interview with Fox News on Wednesday, President Donald Trump mentioned his results in a cognitive test for the second time this week. In the interview, he said that doctors said “very few people” could achieve what he did in the test. Her achievement was that she could remember …

A group of investors, including venture capital firms Sequoia and General Atlantic, are considering buying a majority stake, according to The Information and Financial Times. Investors are talking to the US Treasury Department and other regulators about whether a spin-off from TikTok would calm US concerns about the company, according …

Ascena Retail Group Inc. ASNA, -6.47%, parent of retail chains Ann Taylor and Loft, filed for Chapter 11 bankruptcy Thursday, with a restructuring deal backed by more than 68% of its guaranteed term lenders, crushed by the effects of the coronavirus pandemic on its already troublesome business. The Mahwah, NJ-based …