Year: 2020

ShopCanopy. e-commerce website: ShopCanopy. …read more […]

J.Crew was the first big retail chain to file bankruptcy in the wake of coronavirus lockdowns. But analysts say J.Crew’s struggle started years earlier, as its debt mounted and it lost touch with its customers. Illustration: Carter McCall/WSJ …read more […]

We said something last week we should say again.
Understand this concept and your odds of getting rich instantly go up.
Take advantage of it and, well, the sky is the limit… especially these days.
We’ve long said today’s students should be forced to recite seven simple words before they receive their diplomas.
“Money goes where money is treated best.”
It’s such a simple idea and yet so few folks take advantage of its simplicity. The concept is like a GPS for a lost investor.
Let’s look at gold, for instance. It’s one of the hottest assets on the planet.
Last fall, we had a hunch it …read more […]

There’s been a major selloff in FirstEnergy Corp. (NYSE:FE) shares in the week since it released its second-quarter… …read more […]

Top news and what to watch in the markets on Monday, July 27, 2020. …read more […]

As Hong Kong struggles to contain a third wave of Covid-19 infections, the government has ordered restaurants to close their dining areas and only offer takeaway services. The measure has forced hundreds of people who sleep overnight at 24-hour McDonald’s branches, so-called McRefugees, out onto the city’s streets. …read more […]

(Bloomberg Opinion) — Sinclair Broadcast Group Inc. is one of the largest television station operators in the country, with 191 stations in 89 markets broadcasting to 629 channels. For the most part, the company operates in small, conservative metropolitan locations. Most viewers aren’t likely to be aware of the Sinclair brand, because the thousands of hours of programming it produces each week air on channels affiliated with such household names as ABC, CBS, Fox, NBC, Telemundo and Univision.So when Sinclair got set to broadcast a hit piece over the weekend suggesting that Anthony Fauci, the director of the National Institute …read more […]

Tens of thousands of people continued to demonstrate against racism and police tactics in protests across the country that at times turned violent, with shootings in Texas and Colorado and officials declaring “riots” in Portland, Ore., and Seattle. Photo: Marcio Jose Sanchez/Associated Press …read more […]

Jul.27 — This year, the Arctic is on track to post the lowest ice coverage on record. That development has concerned scientists, but for companies producing and shipping oil, gas and metals, this is opening a new and shorter sea route from Northern Europe to China. Bloomberg Green’s Laura Millan discusses the developments on “Bloomberg Markets: European Open.” …read more […]

London-listed AstraZeneca said on Monday it would make an upfront payment of $1 billion to Daiichi for an experimental drug called DS-1062, which belongs to a newer class of treatments called antibody drug conjugates (ADC). The deal underscores AstraZeneca’s push to bolster its portfolio of cancer therapies, particularly ADCs – a major area of focus for the company as it also ploughs on with its coronavirus vaccine candidate. “We see significant potential in this antibody drug conjugate in lung as well as in breast and other cancers that commonly express TROP2,” said Pascal Soriot, AstraZeneca’s chief executive, referring …read more […]

Ethereum miners may have benefited the most from ether’s recent price rise and soaring transaction fees. …read more […]

Jul.27 — Simon French, chief economist at Panmure Gordon, discusses his outlook for gold. He speaks on “Bloomberg Markets: European Open.” …read more […]

…read more […]

(Bloomberg) — Ryanair Holdings Plc issued a stark assessment of the threat to airlines as they seek to rebound from the coronavirus crisis, saying it’s concerned that a series of local lockdowns followed by a second wave of infection will hold back the recovery from the pandemic.Ryanair kicked off earnings season for European carriers Monday by posting a loss for the June quarter and saying it will lose money through the rest of the summer. While the restart of flights presents opportunities, the discount giant said it’s worried the virus could continue to roil demand for months to come.“A second …read more […]

…read more […]