Text size What were we worried about again? The stock market is certainly not falling, because it doesn’t seem to do so terribly often these days. After falling 710 points on Wednesday, the Dow Jones Industrial Average rose 299.66 points, or 1.2%. while the S&P 500 gained 1.1% and the …
Read More »Bank stocks back down in off-hours trading after the Federal Reserve limits dividends and buybacks in the third quarter
Shares of the largest US banks were withdrawn on Thursday after the Federal Reserve after its annual banking system stress test voted to require financial institutions to preserve capital by suspending share buybacks and the dividend payment in the third quarter amid the worst economic and public health crisis in …
Read More »Dow is in retreat as Coronavirus Plus trades spell issues for stocks
Text size Pound for pound, there are many more tons of viral and bacterial life on earth than humans. So in a sense, it’s the coronavirus world. We are just living in it. And while investors are content to ignore that some days, on others it is more difficult to …
Read More »Apple Acquires Security Company Fleetsmith
Apple Inc. AAPL, -1.78% It has acquired the security company Fleetsmith, according to a blog post on the Fleetsmith website. Fleetsmith helps with device configuration and security patches for Apple devices, including Mac and iPhones, that are used in business environments. Company tools help companies automatically configure Apple devices for …
Read More »Another electric van is coming. This is what you need to know.
Text size Private company Lordstown Motors has entered the fray, unveiling its all-electric pickup, Endurance. Servpro, a fire and water damage restoration company, has promised to order 1,200 trucks. Courtesy photography The fully electric truck space is getting crowded. More market participants compete for a share of this lucrative segment …
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