Oil futures fell more than 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack on U.S. forces in Iraq before retreating as the countries quickly ratcheted back tensions.
U.S. stocks climbed on Wednesday, with the S&P 500 and the Nasdaq hitting record highs, after President Donald Trump’s comments eased fears of an all-out conflict in the Middle East.
Former Nissan-Renault boss Carlos Ghosn said on Wednesday he had not initially paid to hold a family party in the grounds of the sumptuous Versailles Palace because he thought the palace was offering him the use of the venue for free.
McDonald’s Corp said on Wednesday it will expand its trial in Canada of vegan burgers made by Beyond Meat as the world’s biggest fast food chain tests the viability of a broader rollout.
Autodesk makes the list Continue reading… …read more […]
WeWork was one of the biggest debacles of 2019. It was on the verge of IPOing at a $47 billion valuation as a high-flying tech startup oozing with untapped upside.
Instead, investors saw a flawed and poorly executed real estate play.
Its valuation plunged by $40 billion… all the way down to $7 billion. And that was its best-case scenario.
If not for the bailout from its biggest investor, SoftBank, WeWork would probably have gone under. And its overpriced real estate holdings would have been sold off for pennies on the dollar.
That didn’t happen. Still, WeWork should have served as a hard lesson …read more […]
Walgreens Boots Alliance Inc’s quarterly profit missed Wall Street estimates on Wednesday, hit by lower payments from insurers on drugs sold at its U.S. pharmacies, knocking back its shares and those of rival CVS Health Corp .
Micro Focus International tops the list Continue reading… …read more […]
Lyft Inc on Wednesday said it has teamed up with JPMorgan Chase & Co to offer extended rewards to Chase customers using their credit cards to pay for Lyft rides.
Former Nissan boss Carlos Ghosn, asked in a French television interview if he would be willing to face trial in France, says he would maybe travel if he knew he would not face problems at the border.
This Dividend Aristocrat has raised its dividend at a highly consistent rate over the last decade. The company also benefits from increased defense spending Continue reading… …read more […]
Ex-Nissan boss Carlos Ghosn said on Wednesday that a surprise corporate move, orchestrated five years ago by French President Emmanuel Macron who was then economy minister, soured relations between Renault and Nissan and contributed to his ouster.
U.S. Senator Tom Cotton on Wednesday introduced a bill that would prevent the United States from sharing intelligence with countries that allow Chinese telecoms giant Huawei Technologies to operate 5G network technology within their borders, according to a copy of the bill seen by Reuters.
For the first time, Tesla Inc’s stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co .
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