Good results from banks and om tomobile manufacturers on Friday are helping European stocks gain, while flash purchase managers index data reveals ongoing coronavirus epidemic struggles for the sector. U.S. Stock futures were moderately high. Stoxx Europe 600 Index SXXXP, + 0.84% According to Factset, the index has risen 0.6% …
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Walmart Inc. WMT -0.59% The Department of Justice sued the federal government in an attempt to strike a pre-emptive blow against what it said was an opioid-related civil lawsuit. The retail company said in a lawsuit filed Thursday that the Department of Justice and the Drug Enforcement Administration are seeking …
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Qibi Holdings LLC is considering closing itself, according to people familiar with the matter, a move that points to a potential crash landing for a one-time high-end entertainment startup that raised capital 1.75 billion in capital. The streaming service has been plagued by problems since it began in April, facing …
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Baiju Bhatt, a Robinhood cofounder. Steve Jennings / Getty Images for TechCrunch Robinhood told traders of the day on Thursday, hours before the market opened, to increase their cash buffer on many widely held stocks, as they could face an account loss. The trading platform said that since Friday the …
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Federal Reserve Chairman Jerome Powell arrived to speak at the “Fed Listons” event last year. Eric Bardat / Agency France-Press / Getty Images Federal Reserve Chairman Jerome Powell and his colleagues at the central bank faced skepticism and opposition in an attempt to guide markets about the future path of …
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