The Nasdaq COMP, heavy on technology, + 0.74% continues to set new records, and gold is GC00, + 0.54% on a streak, closing at its highest level since 2012. That’s not the typical correlation, but these are not typical times. Chris Weston, head of research at Australian broker Pepperstone, says …
Read More »CNG declares bankruptcy, with plans to close up to 1,200 stores
GNC Holdings Inc. GNC, -6.89% He filed for bankruptcy Tuesday night as he hopes to accelerate his plan to close at least 800-1,200 of his stores. The action has been halted by news since Tuesday night. The vitamin and wellness supplement retailer, with approximately 7,300 stores as of March 31, …
Read More »CNG declares bankruptcy, with plans to close up to 1,200 stores
GNC Holdings Inc. GNC, -6.89% He filed for bankruptcy Tuesday night as he hopes to accelerate his plan to close at least 800-1,200 of his stores. The action has been halted by news since Tuesday night. The vitamin and wellness supplement retailer, with approximately 7,300 stores as of March 31, …
Read More »Ben & Jerry’s Joins One-Month Facebook Ads Boycott
Ice cream maker Ben & Jerry’s said Tuesday that it has joined a growing number of companies in a month-long advertising boycott of Facebook Inc. FB, + 1.26% to protest the social media giant’s policies on hate speech and disinformation. In a statement, Ben & Jerry’s said it is “asking …
Read More »European stocks are in the red as investors worry about rising Covid-19 infections in the US. USA
European stocks fell on Wednesday as markets struggled to gain traction against a backdrop of rising US coronavirus cases. USA Tech stocks were a bright spot after a record session for the Nasdaq Composite. The Stoxx Europe 600 SXXP Index, -1.39% It fell 1.2% to 362.99, after a 1.3% gain …
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