Hundreds of companies around the world have joined a temporary boycott against Facebook Inc., but CEO Mark Zuckerberg says he is not concerned and has no intention of changing his policies, according to a new report. “ “I guess all of these advertisers will be back on the platform soon …
Read More »
Text size Paul Ratje / Getty Images Bond Investors Should Not Be Overly Surprised With Chesapeake Energy‘s bankruptcy. The oil and gas producer filed for Chapter 11 bankruptcy protection in a South Texas court on Sunday, after the company and its creditors agreed to the guidelines of a restructuring plan …
Read More »
Text size Wells Fargo plans to disclose its pay level when it reports second-quarter results in July. fake pictures With the Federal Reserve stress tests in the rearview mirror, Wall Street has a little more guidance on the path of bank dividends later this year. But the uncertainty remains. The …
Read More »
Text size Breaking even seems possible for the second quarter, according to a leaked email from Tesla CEO Elon Musk. That is fueling a mini rally in Tesla stocks. A big enough profit in the second quarter could cause Tesla shares to join the S&P 500. Sean Gallup / Getty …
Read More »
Posted: June 30, 2020 at 12:10 PM ET Netflix said Tuesday it would allocate 2 percent of its cash holdings to support black communities. Bloomberg News / Landov Netflix Inc. announced an effort Tuesday to increase economic opportunities for black communities by allocating money to banks and other institutions that …
Read More »