U.S. stocks were down slightly in Friday afternoon trading as investors took profits after hitting record highs this week and data showed slower-than-expected December U.S. jobs growth.
Wall Street Journal reporting Tesla and General Electric are two of the nearly 40% of publicly trades companies that have lost money over the last 12 months — the highest level since the late 1990s, excluding recessions. ERShares CEO Joel Shulman joins Yahoo Finance’s Seana Smith. …read more […]
Oil fell below $65 a barrel on Friday in its first weekly loss since late November, erasing the week’s risk premium added since a U.S. drone strike killed a top Iranian general as investors focused on rising U.S. inventories and other signs of ample supply.
(Bloomberg) — Victims of wildfires blamed on PG&E Corp.’s power lines and government agencies that provided them disaster relief are tussling over a payout from the bankrupt utility.PG&E reached a settlement with fire victims to pay a total of $13.5 billion for damages tied to catastrophic blazes. California’s emergency services office and the Federal Emergency Management Agency, known as FEMA, want more than $6 billion — payouts that victims’ attorneys said Thursday would leave less money for those directly affected by the fires.Every dollar that FEMA and California’s agency receive “is one less dollar available to pay victims,” a committee …read more […]
The retailer’s strategy could catalyze its financial performance Continue reading… …read more […]
Shares of cannabis giant Aurora Cannabis fell sharply after two downgrades on Friday. Yahoo Finance’s Zack Guzman & Emily McCormick, along with SLT & Stretch’d Founder & CEO Amanda Freeman discuss on YFi PM. …read more […]
U.S. job growth slowed in December after surging in the prior month, but the pace of hiring is enough to keep the longest economic expansion in history on track despite a deepening downturn in a manufacturing sector stung by trade disputes.
The last 18 months have been a crazy period for the U.S. stock markets.
In the second half of 2018, it looked like we were going into a sustained interest rate tightening cycle. The Fed had interest rates on autopilot, and they kept going higher.
The markets weren’t happy about it. In November 2018, I wrote the following:
If equity and real estate markets get hit hard – which will probably happen if rates get back to 5% – everyone will be begging the Fed to lower rates and eventually restart quantitative easing. CNBC’s Jim Cramer is already screaming at the Fed to …read more […]
Google parent Alphabet Inc on Friday announced the retirement of Chief Legal Officer David Drummond, who has been under scrutiny as the board investigated the company’s handling of sexual misconduct complaints.
U.S. stocks hovered near all-time highs on Friday, as easing Middle East tensions and gains in popular technology stocks offset concerns about slower-than-expected December jobs growth in the United States.
Apple Inc is trying to change the way electronics are recycled with a robot that disassembles its iconic iPhone so that minerals can be recovered and reused, but rising global demand for electronics means new mines will still be needed by manufacturers.
Oil edged lower on Friday, set for its first weekly loss since late November, erasing the week’s risk premium added since a U.S. drone strike killed a top Iranian general as investors focused on rising U.S. inventories and other signs of ample supply.
Last year, investors speculated many companies would announce an IPO (initial public offering). But investors are still waiting for most of them to hit the market. That’s because the IPO process can take many months or even years to complete.
There are a few reasons a company decides to launch an IPO. The top reason is to raise capital. And in some cases, early investors want to cash out. Another benefit to going public is to increase brand visibility. Whatever the reason, going public can be a grueling and time-consuming process.
Below is a step-by-step guide to the IPO process. Let’s get …read more […]
(Reporting by Munsif Vengattil in Bengaluru; Editing by Shounak Dasgupta)
Barbara Rentler has been the CEO of Ross Stores, Inc. (NASDAQ:ROST) since 2014. This analysis aims first to contrast… …read more […]
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