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EgyptAir to leverage IBM Cloud to scale back-end operations, host retail system
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.....»»
Twitter stock pulls back from record after the pricing of $1.25 billion in convertible debt
Shares of Twitter Inc. pulled back 1.0% in premarket trading Tuesday, putting them on track to snap a three-day win streak, af.....»»
Market Extra: Companies race to borrow after last week’s extreme rates spike hits calm patch
Roughly a dozen U.S. companies with investment-grade credit ratings are back borrowing in the bond market on Monday, after last week's surprise jump in Treasury yields spooked stocks and parts of the debt market......»»
Several top Democrats break with Biden and push back on his reluctance to cancel $50,000 in student-loan debt
Sens. Elizabeth W.....»»
Luxury Homes On Manhattan"s Upper East Side Are Back In Vogue
Luxury Homes On Ma.....»»
Meanwhile In China, A Bankrupt Solar Firm Just Sold $117 Million In Shares
Meanwhile In China, A Bankrupt Solar Firm Just Sold $117 Million In Shares In what at the time was a historic event, taking advantage of the early signs of retail euphoria, back in June b.....»»
Key Words: Dogecoin? A lot of ‘retail punters are going to lose money,’ says crypto expert
Crypto venture capitalist Nic Carter says dogecoin has the potential to harm individual investors, as a number of celebrities and captains of industry have been touting the cryptocurrency that was created as a joke back in 2013......»»
NewsWatch: Individual investors are back — here’s what it means for the stock market
The battle between day traders and short sellers over GameStop dominated the headlines, but the bigger questions for investors of all stripes is what the resurgence in retail trading means for the stock market as major benchmarks march to all-time highs......»»
Market Extra: Individual investors are back — here’s what it means for the stock market
The battle between day traders and short sellers over GameStop dominated the headlines, but the bigger questions for investors of all stripes is what the resurgence in retail trading means for the stock market as major benchmarks march to all-time highs......»»
Market Extra: Apple sees blizzard of demand for $14 billion debt deal
Investors on Monday place more than $33 billion worth of orders into Apple Inc.'s new $14 billion debt deal, which the company says partially could be used to buy back stock and fund dividend payments......»»
How Walgreens, CVS, Kroger, and other retailers plan to leverage tech, convenience, and public trust to get the chaotic mass vaccine rollout back on track
Retail pharmacies, like those at CVS and Kroger, have the capacity to meet the demand for 100 million vaccine doses. A CVS pharmacist prepares to vaccinate assisted-living facility residents in Maine......»»
Why Walmart"s chief customer officer says retail can"t go back to business as usual after the pandemic
Speaking at NRF's Chapter One conference, Walmart's Chief Customer Officer Janey Whiteside said retailers must "redefine what normal is going to be." Yichuan Cao/NurPhoto vi.....»»
U.S. consumer spending does "an almost unbelievable about-face"
China has not usurped the United States as the largest retail market in the world despite predictions the U.S. would have a tougher time bouncing back quickly from Covid-19 pandemic challenges; in fact, although November sales dipped as consumer.....»»
U.S. Retail Sales Plunged a Record 16% in April As Coronavirus Swept the Country
The severity of the decline is unrivaled for retail figures that date back to 1992 (Baltimore) — U.S. retail sales tumble.....»»
The Moneyist: ‘I’m a disabled veteran and was unable to work for 5 years. I owe my ex-wife $16K in child support — so the government garnished my stimulus check’
‘I was nearly $15,000 in debt to my ex-wife. I have been diligently paying the back support down and, now, 10 years later, I finally paid it off.’.....»»
The Moneyist: ‘Not everyone that owes back child support is a deadbeat.’ Is it fair for President Trump to garnish stimulus checks of fathers who are behind on payments?
‘I was nearly $15,000 in debt to my ex-wife. I have been diligently paying the back support down and, now, 10 years later, I finally paid it off.’.....»»
ETF Short Sellers Are Targeting Retail, Biotech
The S&P 50o has come roaring back in .....»»
Eastern Union Funding gets into distressed debt business
Eastern Union has launched a Distressed Notes Initiative that will identify investors interested in purchasing lenders’ troubled mortgages. The company, one of the country’s largest commercial real.....»»
U.S. has no need to buy back debt, will take advantage of low interest rates: Mnuchin
U.S. Treasury Secretary Steven Mnuchin said on Monday he sees no need for the country to buy back debt and that he plans to borrow money long-term to lock in low interest rates, as the coronavirus pandemic rocks the economy......»»
Treasury yields rise as investors pin hopes on economic reopening efforts
U.S. government debt prices were slightly lower Monday morning after back-to-back rallies on Wall Street, as attempts to reopen economies around the world drive momentum to risk assets......»»