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Oil clambers higher as OPEC, allies move closer to deeper output cuts
Oil prices jumped 1.5% on Wednesday on hopes that major producers have made progress towards sealing an agreement to implement deeper output cuts aimed at offsetting the slump in demand caused by the global coronavirus outbreak......»»
S&P puts Kraft Heinz on review for possible downgrade that would move it closer to junk status
S&P Global Ratings said Monday it is placing Kraft Heinz Inc.'s BBB rating on review for a possible downgrade that wo.....»»
Elon Musk"s Top Deputy Made "Difficult Decision To Move On From Tesla" As EV Maker Said To Be Laying Off Over 14,000 Workers: "I Have No Concrete Plans"
Tesla CEO Elon Musk has seen the departure of two of his top executives, including a senior VP after the electric car maker laid off over 10% of its global workforce. read more.....»»
Shell to sell interest in Deer Park refinery to partner Pemex
Royal Dutch Shell agreed on Monday to sell its controlling interest in a Texas refinery to partner Petroleos Mexicanos (Pemex) for about $596 million, the latest move by the European oil major to cut its global refining footprint......»»
JPMorgan"s Kolanovic Says Markets Are Going To Move Higher
The market is a bit oversold, Marko Kolanovic, JPMorgan's chief global market strategist, said on CNBC's "Fast Money Halftime Report." read more.....»»
U S Global Investors options imply 10.6% move in share price post-earnings
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Coronavirus Update: India’s COVID surge is ‘beyond heartbreaking,’ says WHO head, as first relief supplies arrive
The number of confirmed cases of the coronavirus-borne illness COVID-19 edged closer to 148 million on Tuesday, as India's surge continued to overwhelm its healthcare system amid a global effort to send much-needed relief to the nation of 1.4 billion......»»
Is universal basic income closer to reality? Cities are already testing monthly checks for residents
Cities test guaranteed income for residents amid the pandemic's job losses. Proposals in Congress provide simi.....»»
JPMorgan"s quant guru says traders are missing an opportunity to buy high-upside stocks pegged to the economic reopening
A staggered global economic recovery from the COVID-19 pandemic will prolong the reopening trade, JPMorgan's Marko Kolanovic said in a Tuesday note. Noam Galai/Getty Images Investors are underestimating the imminent move hi.....»»
Futures Movers: Oil prices rise as traders mull demand cues, supply prospects
Oil futures move higher on Monday as traders mull the latest signals for the crude demand outlook as well as prospects for global supplies......»»
NetApp to move global headquarters to new San Jose, CA offices
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Commodities Corner: Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle
After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if the global economy continues to recover and the pandemic moves closer to an end......»»
Futures Movers: Oil prices decline, on track to register losses for the week
Oil futures move lower on Friday, with concerns about growing supply and weakening appetite for energy, as global cases of COVID rise abroad, help set prices up to post losses for the week......»»
The Wall Street Journal: U.S. aiming for global tax agreement to focus on fewer than 100 companies
The Biden administration offered new proposals on taxing multinational companies in a bid to secure an international agreement aimed at reducing tax avoidance, particularly by big pharmaceutical and technology companies......»»
SMART Global options imply 10.8% move in share price post-earnings
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Coronavirus Update: Global tally of COVID cases edges closer to 130 million, as Fauci says U.S. may not need AstraZeneca vaccine
The global .....»»
Global funds giant Fidelity joins the race for the first US bitcoin ETF
The move from Fidelity - which has around $4 trillion under management - is the latest sign of institutional interest in b.....»»
Gold futures move closer to the session low ahead of the Comex settlement
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Coronavirus Update: Global case tally for COVID-19 nears 124 million as U.S. health experts question AstraZeneca trial data
The global case tally for the coronavirus-borne illness COVID-19 crept closer to 124 million on Tuesday, as U.S. health officials raised concerns about results from a trial of AstraZeneca PLC's vaccine less than a day after the data were released......»»
Samsung warns a "serious imbalance" of microchips could wreak havoc on smartphones, and it demonstrates why Apple making its own chips is a brilliant move
The global chip shortage is hitting electronics companies hard, and Samsung is projecting potentially major issues with production this year. Apple CEO Tim Cook in Cupertino, California in September 2019. Christoph Dernb.....»»