Oil rebounded from several days of declining values after industry data showed a surprise drop in U.S. crude inventories, offsetting weak economic readings in the United States that have depressed global stock markets.
The U.S. securities regulator on Tuesday proposed a change to the way exchange operators alter their fees, in a move aimed at improving transparency but which could make it harder for operators to compete on price to propel revenue growth.
Johnson & Johnson said on Tuesday it will pay $20.4 million to settle claims by two Ohio counties in a lawsuit that accused the drugmaker of contributing to an U.S. opioid addiction epidemic.
Juul Labs Inc on Tuesday hired the head of regulatory affairs at its part-owner Altria Group Inc to take on a similar role at the e-cigarette maker, amid a regulatory backlash against the growth of teen vaping in the United States.
Global shares retreated to one-month lows on Wednesday after U.S. manufacturing activity tumbled to more than a decade-low, sparking worries that the fallout from the U.S.-China trade war is starting to spread to the U.S. economy. A slowdown in U.S. economic growth would remove one of the few remaining bright spots in the global economy and come just as Europe is seen as close to falling into recession. In Asia, MSCI’s ex-Japan Asia-Pacific shares index dropped 0.32%, with Australian shares falling more than 1%. …read more […]
Juul Labs Inc on Tuesday hired the head of regulatory affairs at its part-owner Altria Group Inc to take on a similar role at the e-cigarette maker, amid a regulatory backlash against the growth of teen vaping in the United States. Joe Murillo is the first big hire by Juul’s new chief executive officer, K.C. Crosthwaite, who himself moved over from Altria last week. Altria owns a 35.5% stake in Juul, which last week said it would suspend all advertising in the United States where the Trump administration has announced plans to remove all flavored e-cigarettes from store …read more […]
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will… …read more […]
WeWork’s parent The We Company’s new management team is considering curbing its expansion plans in China as part of the company’s new emphasis on controlling costs, the Wall Street Journal reported, citing people familiar with the matter.
Global credit rating agency Fitch Ratings on Tuesday downgraded WeWork’s credit rating by two notches to “CCC+”, putting the Softbank-backed office-sharing firm deep into junk territory a day after it abandoned an initial public offering.
Q1 2020 Patterson Companies Inc Earnings Call …read more […]
(Bloomberg) — In the end, September wasn’t so bad for markets. And that’s making Wall Street nervous.The S&P 500 finished the month up 1.7% and the MSCI All-Country World Index gained 1.9%. Gauges of volatility for both U.S. stocks and Treasury futures settled lower even as the yield on America’s benchmark 10-year debt rose by 20 basis points.For at least some of that, thank the Federal Reserve, which cut rates for the second time in a decade in a bid to shore up economic growth. The move helped markets limp forward following a bruising August, yet a chorus of analysts …read more […]
Exxon Mobil Corp’s operating profits fell last quarter for the fourth consecutive period, according to a regulatory filing on Tuesday that showed all three of its major businesses slumping from a year ago.
The once-booming U.S. shale revolution seems to have reached its peak, with production continuing to fall as investors cut their ties and hit the road …read more […]
The financial backers to Libra did not want to attract regulatory scrutiny and declined Facebook’s requests to publicly support the project, according to the Journal report. Policy executives from Libra Association, the cryptocurrency’s two dozen backers, have been summoned to a meeting in Washington, D.C., on Thursday, the WSJ reported. …read more […]
Q2 2020 CalAmp Corp Earnings Call …read more […]
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