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Citron"s Andrew Left closes Wayfair short bet after long wait

This week's sharp stock sell-off helped activist short-seller Andrew Left profitably close a long-held bet against online retailer Wayfair on Friday......»»

Category: topSource: REUTERS11 hr. 45 min. ago Related News

Goldman"s asset management unit ups positions in hotel, cruise line stocks

Goldman Sachs Group Inc's asset management unit has added to positions in travel stocks, including hotels and cruise lines, as well as Live Nation Entertainment Inc and Japanese cosmetics company Shiseido Co Ltd, executives said Friday......»»

Category: topSource: REUTERS11 hr. 45 min. ago Related News

Harley-Davidson CEO Matthew Levatich steps down

Harley-Davidson Inc said on Friday Matthew Levatich has stepped down as chief executive officer and the motorcycle maker named Jochen Zeitz as the interim CEO......»»

Category: topSource: REUTERS11 hr. 45 min. ago Related News

Sanofi to pay $11.9 million to resolve U.S. drug charity kickback probe

Sanofi SA has agreed to pay $11.85 million to resolve U.S. allegations that it used a charity that helps cover Medicare patients' out-of-pocket drug costs as a means to pay them kickbacks to use a high-priced multiple sclerosis drug......»»

Category: topSource: REUTERS11 hr. 45 min. ago Related News

Fasten your seat belts, U.S. Congress sets hearing on air travel

The airlin.....»»

Category: topSource: REUTERS11 hr. 45 min. ago Related News

S&P falls for seventh day, suffers biggest weekly plunge since 2008 crisis

The S&P 500 fell for the seventh straight day on Friday and.....»»

Category: topSource: REUTERS11 hr. 45 min. ago Related News

USTR vows to push for trade deals with Britain, EU; seeks broader reset at WTO

The Trump administration on Friday said it would focus on concluding trade agreements with Britain, the European Union and Kenya over the coming year, while strictly enforcing trade laws and pushing for a broader reset of the World Trade Organization......»»

Category: topSource: REUTERS11 hr. 45 min. ago Related News

Fed: "will act as appropriate" on coronavirus impact

Fed Chair Jerome Powell's statement Friday signals that the central bank will cut interest rates in March, says RegentAtlantic's Andy Kapyrin......»»

Category: videoSource: REUTERS13 hr. 0 min. ago Related News

Week ahead: more market turmoil or Fed to the rescue?

After the biggest weekly drop for stocks since the financial crisis, investors in the coming week are looking to see if the market will rebound or add to losses and what will the catalyst be for either move. Conway G. Gittens has the look ahead......»»

Category: videoSource: REUTERS13 hr. 0 min. ago Related News

Factbox: Airlines suspend flights due to coronavirus outbreak

Airlines have been suspending flights or modifying service in response to the coronavirus outbreak......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Volkswagen, accordo da 830 mln euro con consumatori per scandalo diesel

Volkswagen e una delle maggiori organizzazioni tedesche di consumatori hanno annunciato di aver raggiunto un accordo da 830 milioni di euro nell'ambito della class action per i test sulle emissioni diesel truccati......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Think the S&P 500 is in bad shape? Its components look worse

Wall Street's worst week since 2008, sparked by fears about the fast-spreading coronavirus, has left almost half of the S&P 500's stocks in bear market territory, just nine days after the leading benchmark closed at a record high......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Stock markets melt on coronavirus fears, U.S. Treasury yields hit fresh lows

Coronavirus panic sent world stock markets tumbling again on Friday, putting them on course for their largest weekly fall since the 2008 global financial crisis, with over $5 trillion wiped from global market value so far this week......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Wall Street losses broaden with no clarity on coronavirus impact

Wall Street's main indexes tumbled for the seventh straight day and were on track for their biggest weekly dip since the 2008 global financial crisis on worries the fast-spreading coronavirus could lead to a recession......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Cooling consumer spending, inflation put spotlight on Fed amid coronavirus

U.S. consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived fears of a recession, causes households to tighten their purse strings......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Breakingviews TV: Carl Icahn

The activist investor loom.....»»

Category: videoSource: REUTERS14 hr. 30 min. ago Related News

Oil prices sink to lowest in more than a year

Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, set for their steepest weekly fall since 2016 as the global spread of the coronavirus stokes demand fears......»»

Category: topSource: REUTERS15 hr. 0 min. ago Related News

GM to add 1,200 jobs at Michigan plants to meet SUV demand

No. 1 U.S. automaker General Motors Co said on Friday it plans to add more than 1,200 jobs at its Lansing plants in Michigan to meet growing demand for its SUVs......»»

Category: topSource: REUTERS15 hr. 0 min. ago Related News

SoftBank communications chief Gary Ginsberg takes leave to aid Bloomberg campaign: sources

Gary Ginsberg, the global head of communications for SoftBank Group Corp , has taken an indefinite leave of absence to advise Michael Bloomberg's U.S. presidential campaign, people familiar with the matter said on Friday......»»

Category: topSource: REUTERS15 hr. 0 min. ago Related News

Kuwait to check visiting ships for coronavirus, evacuate citizens from Thailand

Kuwait will check visiting ships for the new coronavirus before allowing them to dock and require crew members to stay on board as part of measures to prevent the spread of the disease, state news agency KUNA said......»»

Category: topSource: REUTERS15 hr. 0 min. ago Related News