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July 07, 2020
Data-mining firm Palantir files for stealth public offering
The Silicon Valley data-mining firm Palantir Technologies confidentially filed to go public, setting up what could be the ...
June 26, 2020
Fed stops big banks from buying back stock, caps dividends
A worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause the nation’s 34 largest banks to ...
June 19, 2020
JD.com racks up $38B in sales in annual online shopping fest
JD.com's annual “618” online shopping extravaganza racked up a total of 269.2 billion yuan ($38 billion) worth of ...
June 18, 2020
Hertz board scraps planned $500M stock sale amid SEC review
Hertz has scrapped a plan to sell $500 million worth of stock, a move coming a day after the car rental company in the throes ...
June 17, 2020
Hertz suspends plans for $500M stock sale pending SEC review
Hertz said Wednesday it has put its plans to sell $500 million worth of stock on hold because the offering is being reviewed ...
June 15, 2020
BP takes $17.5B hit as pandemic accelerates emissions cuts
BP says it will cut the value of its oil and gas assets by as much as $17.5 billion and review plans for some oil wells as ...
June 11, 2020
Buyer's remorse: Mall deal implodes as virus shakes retail
The nation’s largest mall owner is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes ...
June 05, 2020
Airline stocks soar as American, United add back flights
Airline stocks soared Thursday after American Airlines said it will aggressively add back flights in July — a bet that the ...
June 03, 2020
Zoom booms as pandemic drives millions to its video service
Zoom Video Communications is rapidly emerging as the latest internet gold mine as millions of people flock to its ...
May 29, 2020
Tesla's Musk earns $770M in stock options, company confirms
Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based ...
May 28, 2020
Asian shares mixed after Wall Street rally; Hong Kong lower
Asian stocks were mixed after an upbeat open on Thursday, as investors pinned their hopes on an economic rebound from the ...
May 26, 2020
Bells ring again on the NYSE and traders buy shares of Crocs
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments ...
May 18, 2020
PG&E's bankruptcy plan wins support from wildfire victims
Pacific Gas & Electric's plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern ...
May 08, 2020
Shares rise on talk of more relief for US as job losses soar
Global shares rose Friday ahead of a U.S. report that is expected to show 21 million jobs were lost in April as pandemic ...
May 07, 2020
Tesla hits target to qualify CEO Elon Musk for big payday
Tesla CEO Elon Musk appears to have hit all the milestones he needed to receive a stock award now worth about $730 million, ...
May 01, 2020
Stocks slide as Amazon, other companies detail virus fallout
Stocks closed broadly lower on Wall Street Friday after Amazon and other big companies reported disappointing results, the ...
May 01, 2020
Exxon profits drop as most of world stays home, forgoes fuel
Profits fell at Exxon Mobil and Chevron warned of tough times ahead as the global pandemic began to erode oil demand.
May 01, 2020
Visa 2Q profits up 3.6%, helped by more spending on network
Visa said Thursday that its fiscal second-quarter profits increased 3.6% from a year earlier, helped by growth in payments ...
April 30, 2020
Twitter stock slips amid pandemic-caused revenue uncertainty
Twitter's stock tumbled Thursday after the company failed to show that it's weathering the pandemic-borne digital advertising ...
April 23, 2020
CSX 1Q profit drops 8%, railroad withdraws outlook for year
CSX Corp. said Wednesday that its first-quarter profit slipped 8% and the railroad withdrew its outlook for the year because ...
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