NEW YORK (Reuters) – The dollar fell to a nearly two-year low and gold rose further on Thursday when a global equity indicator fell back amid concerns over a possible investigation by Apple Inc, which left the high-flying technology. sector. FILE PHOTO: A near-empty trading floor is seen as preparations …
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Reuters Former Wirecard chief executive Markus Braun was arrested again in Munich as German prosecutors dug deeper into allegations of fraud at the fintech firm. Two other executives, revealed by the Financial Times as former Wirecard chief financial officer Burkhard Ley, and Stephan von Erffa, a former chief accounting officer, …
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Tesla’s electric car business was “the first wave of growth” and will give way to a greater focus on renewable energy, billionaire Chamath Palihapitiya said on Wednesday. Elon Musk’s company is “the leading coverage when it comes to electrification and decarbonization,” and is worth trillions of dollars once investors appreciate …
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The chairman of the Securities and Exchange Commission, Jay Clayton, said Thursday that he is concerned that individual investors are rolling out money for risky short-term trades and causing the price of certain stocks to skyrocket. Clayton’s comments came in response to a question from CNBC’s Andrew Ross Sorkin, who …
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Stocks fell on Thursday after jobless claims in the US unexpectedly rose for the first time since March and tech stocks fell. The Dow Jones Industrial Average fell 274 points, or 1.02%, to 26,731, the S&P 500 lost 1.03% and the Nasdaq fell 2.06%. Dow (Dow) – Get reportMicrosoft (MSFT) …
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