S&P falls for seventh day, suffers biggest weekly plunge since 2008 crisis
The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial...
Fasten your seat belts, U.S. Congress sets hearing on air travel
The airline industry could run into turbulence on Capitol Hill next week as a U.S. Congressional panel tackles passenger complaints about unpleasant airline experiences, holding...
Goldman’s asset management unit ups positions in hotel, cruise line stocks
Goldman Sachs Group Inc’s asset management unit has added to positions in travel stocks, including hotels and cruise lines, as well as Live Nation Entertainment...
Sanofi to pay $11.9 million to resolve U.S. drug charity kickback probe
Sanofi SA has agreed to pay $11.85 million to resolve U.S. allegations that it used a charity that helps cover Medicare patients’ out-of-pocket drug costs...
Harley-Davidson CEO Matthew Levatich steps down
Harley-Davidson Inc said on Friday Matthew Levatich has stepped down as chief executive officer and the motorcycle maker named Jochen Zeitz as the interim CEO....
Wall Street Weekahead: Main Street leans toward Sanders, but Wall Street says Trump
Vermont Senator Bernie Sanders may be surging in the polls ahead of Super Tuesday, but some on Wall Street have made their own conclusions on...
Citron’s Andrew Left closes Wayfair short bet after long wait
This week’s sharp stock sell-off helped activist short-seller Andrew Left profitably close a long-held bet against online retailer Wayfair on Friday....
Corona beer maker says U.S. sales remain strong despite virus outbreak
Corona beer maker Constellation Brands Inc said on Friday sales of its Corona Extra beer remained strong in the United States in the four weeks...
Central banks may mount a coronavirus rescue. It may not be enough
Cratering markets are pushing global central banks to the point they all warned against and worried about, of an evolving global economic shock hitting at...
Activist investor Robbins shutting hedge fund to pursue other things
Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not because investors want their money back or...