Text size Denis Doyle / Bloomberg Analysts at JP Morgan and Morgan Stanley are optimistic about the announcement by Dell Technologies that it is considering a spin-off of its valuable 81% stake in VMware., It is now worth more than all of Dell’s market value. Dell shares (ticker DELL) rose …
Read More »Twitter regains control after major accounts hijacked to tweet bitcoin scams
Twitter Inc. accounts belonging to top U.S. executives, lawmakers and celebrities were compromised on Wednesday and appeared to be used in an attempt to divert bitcoin from its followers on social media until the company regained control of your site hours later. After a series of cryptocurrency-related Twitter accounts were …
Read More »Expect mail delays as Trump’s new Postal Service chief pushes cost reduction
WASHINGTON – Mail deliveries could be delayed a day or more due to cost reduction efforts imposed by the new Postmaster General. The plan eliminates overtime for hundreds of thousands of postal workers and says employees must adopt a “different mindset” to ensure the survival of the Postal Service during …
Read More »Delta Air Lines shares rise after Wall Street still says it’s a buy
Text size A Delta Airlines plane is seen at the gate of Washington National Airport (DCA) on April 11, 2020 in Arlington, Virginia. Daniel Slim / AFP / Getty Images Wall Street is coming to the defense of Delta Air Lines, reiterating purchase recommendations after the airline reported second-quarter results …
Read More »Goldman Sachs earnings report: Shares soar after bank crushed estimates
Text size The Goldman Sachs building is seen in lower Manhattan Photograph by Spencer Platt / Getty Images Goldman Sachs Group has just reported an explosive quarter, thanks to an increase in trade and subscription, but Wall Street wonders how long the good times will last. The investment bank’s shares …
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