Short-seller Bass says U.S. stimulus plan should focus on 5G

Prominent short-seller Kyle Bass says an economic stimulus package will be needed to avoid a U.S. recession in 2020 and at the top of the spending list should be an infrastructure program focused on building out 5G wireless technology......»»

Prominent short-seller Kyle Bass says an economic stimulus package will be needed to avoid a U.S. recession in 2020 and at the top of the spending list should.....»»

Where Biden's $1.9 trillion stimulus provided a short-term boos.....»»

Major indices worldwide traded lower on Friday, following Wall Street's Thursday decline on jobless claims jumping unexpectedly. read more.....»»

Congressional leaders shift their sights Friday afternoon to keeping the government open past midnight tonight, as their attempts to find a deal both sides could live with on another coronavirus economic package looked to be stymied......»»

Saul Loeb/AFP House Democrats unveiled a massive spending plan that includes another round of $1,200 stimulus checks.....»»

U.S. stocks rebounded Tuesday, helped by the White House backing an $850 billion federal stimulus plan and a Federal Reserve move to backstop the commercial paper market by providing short term funding to businesses hit by the coronavirus pandemic......»»

Investors see the new Fed plan to resume short-dated Treasury debt purchases as a sign of the central bank’s willingness to stand ready to prop up broader markets.....»»

The government’s measures to revive growth lack a cohesive strategy to grab the country’s biggest opportunity: exports......»»

Lufthansa's budget airline Eurowings will aim to cut costs by 15% over the next three years and focus on short-haul flights as part of a plan to return to profit by 2021, the German carrier said on Monday......»»

Lufthansa on Monday announced a turnaround plan for Eurowings in which the budget carrier will focus on short-haul flights and seek a 15% cut in costs by 2022 in the hope of returning to profit......»»

German carrier Lufthansa announced a turnaround plan for Eurowings on Monday, saying its budget unit would in future focus on short-haul flights and seek a 15% cut in unit costs by 2022 in a bid to return to profit......»»

Now that he's closed out his yuan short to focus on his geopolitical activism, Hayman Capital's Kyle Bass has moved on to his next big trade: Betting against the Hong Kong dollar's 36-year-old peg. While Bass waits for that long-shot bet to pa.....»»

Canadian cannabis company Aphria Inc (NYSE: APHA) has a plan to boost revenue to CA$1 billion ($746 million) by the end of next year, newly appointed Chairman Irwin Simonread more.....»»

Tesla is facing a pair of lawsuits from investors who claim CEO Elon Musk lied to the public when he assured them he had “secured” funding for his $72 billion plan to take the automaker private. It’s been nearly a week since Musk tweeted, witho.....»»

The prominent short-seller Andrew Left has sued Tesla Inc and its Chief Executive Elon Musk, saying Musk fraudulently engineered his since-abandoned plan to take Tesla private to "burn" investors hoping the electric car company's stock price would fall......»»

The prominent short-seller Andrew Left has sued Tesla Inc and its Chief Executive Elon Musk, saying Musk fraudulently engineered his since-abandoned plan to take Tesla private to "burn" investors hoping the electric car company's stock price would fall......»»

Pfizer and GlaxoSmithKline plan to combine their consumer health units and eventually spin off the joint venture, creating the world's largest seller of drugstore staples......»»

World stock markets kept their nerve on Monday, as data showed the Chinese economy slowed last year, underlining the need for more stimulus from Beijing......»»

Large Structural Short Will Drive Yen Much Higher Authored by Simon White, Bloomberg macro strategist, Focus has been on the growing short position in the yen. But .....»»