S&P 500, Nasdaq gain on Nvidia, White House stock incentive report
The S&P 500 ended modestly higher on Friday following strong earnings from Nvidia and a report late in the session that the White House was...
Citigroup CEO Corbat’s 2019 compensation unchanged at $24 million
Citigroup Inc said on Friday its Chief Executive Michael Corbat will $24 million as total compensation for 2019, unchanged from 2018....
S&P 500 posts slim gain, helped by Nvidia boost
The S&P 500 ended modestly higher on Friday following strong earnings from Nvidia and a report late in the session that the White House was...
Canadian pot producer Canopy may face challenges offloading assets, CEO says
Canada’s biggest cannabis producer, Canopy Growth Corp , could face challenges offloading assets as it seeks to winnow its facilities down to focus on its...
Wall Street Week Ahead: Investors bet emerging markets will weather coronavirus impact
Investors are edging back into emerging markets, even though worries about the coronavirus’ impact on global economic growth have clouded prospects for the boom-and-bust asset...
Saks Fifth Avenue plans expansion into bankrupt Barneys shop in Los Angeles
Luxury department store operator Saks Fifth Avenue, owned by Canada’s Hudson’s Bay Co , is expanding into bankrupt fashion chain Barneys’ Beverly Hills shop, people...
Stocks dip as virus impact weighed, oil gains for the week
Major world stock indexes edged lower on Friday as investors further assessed the economic fallout of China’s coronavirus outbreak, while oil prices registered their first...
Bridgewater, Viking among big hedge funds that added Tesla in fourth quarter before rally
Billionaire Ray Dalio’s Bridgewater Associates, Viking Global Investors, and Granite Point Capital were among prominent hedge funds placing new bets on electric carmaker Tesla Inc...
Wall Street slips as coronavirus dampens optimism
Wall Street edged lower on Friday as uncertainties surrounding the coronavirus epidemic and downbeat economic data put a damper on investor sentiment....
Apple to reopen a store in Shanghai on February 15
Apple Inc said on Friday it would reopen one of the seven retail stores it has in Shanghai from Feb. 15 with reduced working hours,...