Wall St. slides on bleak data, capping a banner month
U.S. stocks fell on Thursday as grim economic data and mixed earnings prompted investors to take some profits at the close of Wall Street’s best...
Elliott trims stake in Telecom Italia further to 5.13%
U.S. hedge fund Elliott Management has further cut its stake in Italy’s biggest phone group Telecom Italia (TIM), a regulatory filing showed on Thursday....
Investor Einhorn tweets at Tesla’s Musk asking for more company financials
One day after Tesla Inc posted its third quarterly profit in a row, hedge fund manager David Einhorn, one of the electric carmaker’s best-known critics,...
Walmart temporarily closes after 23 workers test positive
The Walmart in Worcester, Massachusetts was temporarily closed on Thursday after 23 of its workers tested positive. Colette Luke has more....
Digital ad market is avoiding coronavirus disaster, say tech giants
Reports of the demise of the digital advertising market due to the coronavirus outbreak appear exaggerated as the tech giants that dominate the online ads...
UK coronavirus death toll rises by 674 to 26,771
A total of 26,771 people have died of COVID-19 in the United Kingdom, up by 674 in a 24-hour period, data from the health ministry...
Many Trump nominations already were stalled. The pandemic has made it worse
By now, David Tryon had expected to be a two-year veteran at the Small Business Administration, an agency at the heart of the U.S. government’s...
Embraer and Boeing’s $4.2 billion deal ruled out pandemic as pretext to cancel
Boeing Co’s recently aborted $4.2 billion agreement to buy the commercial jet-making operations of Brazil’s Embraer specifically forbade either party from calling it off because...
Pelosi defends Biden amid Tara Reade allegations
House Speaker Nancy Pelosi remained supportive of Former Vice President Joe Biden when she was asked at her weekly press conference about allegations against the...
Ford Motor steps up campaign to convince union workers to restart U.S. output
Ford Motor Co on Thursday outlined the safety measures it will institute to restart its most profitable U.S. plants amid the coronavirus pandemic, expanding on...
