If you take a delayed United Airlines flight and want compensation for your troubles, you may need to ask for it. United is no longer proactively offering voucers to customers on flights delayed fewer than six hours, according to a message sent to employees. The airline said it was making the change “based on feedback […] …read more […]
Saudi Aramco shares briefly hit 34.45 riyals ($9.18) in early trade, their lowest level since its shares began trading on December 11, following a record-setting initial public offering (IPO).
Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after the killing of a top Iranian general.
The U.S. stock market’s relentless drive higher has caused some nail-biting on Wall Street that the rally is about to end. Geopolitical risks – such as the latest escalation of U.S. tensions with Iran – are just one on a list of worries for 2020.
Little Caesars Enterprises Inc will partner with DoorDash Inc to provide pizza delivery services at 3,600 restaurants in the United States and Canada, starting on Monday, DoorDash said. While pizza restaurants helped pioneer the idea of delivering food to people’s houses years ago, Little Caesars – the world’s third-largest pizza chain – has not offered delivery until now. Little Caesars will not be listed on the DoorDash platform as a participating restaurant. …read more […]
The U.S. stock market’s relentless drive higher has caused some nail-biting on Wall Street that the rally is about to end. Geopolitical risks – such as the latest escalation of U.S. tensions with Iran – are just one on a list of worries for 2020. Stocks ended 2019 with their best year since 2013, with the benchmark S&P 500 rising nearly 29%. …read more […]
(Bloomberg) — Soon after he became president of the Philippines in 2016, Rodrigo Duterte ordered government officials “to refrain from changing and bending the rules of government contracts.”Halfway through his six-year term, Duterte’s commitment is under question. In December, the firebrand leader ordered the renegotiation of long-agreed contracts for Manila Water Co. and Maynilad Water Services Inc. to supply the capital until 2037. He also said his government will not pay billions of pesos to Manila Water for delayed tariff increases as ordered by a court, while threatening to jail owners of both water providers.Stock Rout Hits $2.4 Billion on …read more […]
The Trump administration mounted an extensive campaign to block the sale of Dutch chip manufacturing technology to China, with Secretary of State Mike Pompeo lobbying the Netherlands government and White House officials sharing a classified intelligence report with the country’s Prime Minister, people familiar with the effort told Reuters.
Wall Street’s worst fears of a year-end funding squeeze never materialized thanks in large part to the quarter-trillion dollars the Federal Reserve stuffed into the market to ensure nothing became gummed up.
The U.S. stock market’s relentless drive higher has caused some nail-biting on Wall Street that the rally is about to end. Geopolitical risks – such as the latest escalation of U.S. tensions with Iran – are just one on a list of worries for 2020. Stocks ended 2019 with their best year since 2013, with the benchmark S&P 500 rising nearly 29%. …read more […]
The U.S. stock market’s relentless drive higher has caused some nail-biting on Wall Street that the rally is about to end. Geopolitical risks – such as the latest escalation of U.S. tensions with Iran – are just one on a list of worries for 2020. Stocks ended 2019 with their best year since 2013, with the benchmark S&P 500 rising nearly 29%. …read more […]
Tensions in the Middle East after the killing of a top Iranian general by the United States pushed an index of Asian shares off an 18-month high on Monday as investors pushed safe-haven gold near a seven-year high, and oil jumped to four-month peaks.
(Bloomberg) — Borden Dairy Co. filed for bankruptcy late Sunday, becoming the second major U.S. milk producer to do so in recent months as rising milk prices and other challenges made its debt load unsustainable.The Dallas-based company listed assets and liabilities of between $100 million and $500 million in its Chapter 11 filing in Delaware. The company, founded more than 160 years ago, said in a statement that operations will continue as normal during the reorganization.“Borden is EBITDA-positive and growing, but we must achieve a more viable capital structure,” Chief Executive Officer Tony Sarsam said in the statement, referring to …read more […]
(Bloomberg) — U.S. stock-index futures fell after last week’s killing of a top Iranian military commander by a U.S. drone in Baghdad damped investors’ appetite for riskier assets.S&P 500 Index futures contracts expiring in March were down 0.3% as of 2:45 p.m. in Tokyo, after the attack prompted Iraq’s parliament to vote to expel U.S. troops from the country. Iran said it would no longer abide by any limits on its enrichment of uranium. Futures on both the Nasdaq 100 Index and Dow Jones Industrial Average declined 0.3%.“The risk-on tone that had continued into the new year was disrupted last …read more […]
With Samsung Electronics expected to suffer its biggest annual profit drop in at least a decade, investors are counting on an expected uptick in the memory-chip market to cure the tech giant’s ills this year.
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