Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — China’s Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool. ”We are highly concerned about the United…
SAN FRANCISCO, CALIFORNIA – NOVEMBER 10: U.S. Secretary of the Treasury Janet Yellen (R) greets People’s Republic of China (PRC) Vice Premier He Lifeng at the start of a bilateral meeting at the Ritz Carlton Hotel on November 10, 2023 in San Francisco, California. Secretary Yellen and Vice Premier Lifeng will hold meetings ahead of…
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank’s reorganization came in far higher than disclosed by the company’s CFO just…
Check out the companies making headlines in midday trading. EchoStar — EchoStar announced a corporate reorganization one week after closing its merger with Dish Network, including retaining Houlihan Lokey as financial advisor to help evaluate “potential strategic alternatives” that The Hollywood Reporter said signaled a possible future deal for EchoStar Wireless. EchoStar shares rallied 36%.…
Check out the companies making headlines in premarket trading. Crypto stocks – Stocks that give investors exposure to bitcoin fell in tandem with the cryptocurrency’s price after the X account of the Securities and Exchange Commission was briefly compromised and posted a false announcement late Tuesday of a bitcoin ETF approval. Crypto exchange Coinbase and…
Check out the companies making headlines in midday trading. Unity Software — The gaming technology stock dropped 8% after announcing Monday it’s cutting 1,800 positions , or about 25% of its workforce, as part of broader restructuring efforts. Hewlett Packard Enterprise , Juniper Networks — Shares of Juniper Network climbed 21% after The Wall Street…
Check out the companies making headlines in premarket trading. Unity Software — Shares climbed nearly 3% following news that the company would reduce its workforce by 25%, or about 1,800 employees. Hewlett Packard Enterprise , Juniper Networks — Juniper Network stock soared more than 23% after a report from The Wall Street Journal said the…
Check out the companies making headlines in after-hours trading. Unity Software — Unity Software shares jumped more than 3% after the maker of game engines used in the Angry Birds and Pokémon Go video games said it’s cutting 25% of its workforce, or about 1,800 workers. Urban Outfitters — Urban Outfitters shares rose more than…
Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California, February 11 2019. Ann Saphir | Reuters Federal Reserve Governor Michelle Bowman, who had been one of the central bank’s staunchest advocates for tight monetary policy, said Monday she’s adjusted…
Check out the companies making headlines in midday trading. Boeing — Shares of the aerospace and defense giant lost more than 6% after a door panel on a Boeing 737 Max 9 blew out midair during an Alaska Airlines flight , leading the Federal Aviation Administration to ground dozens of the planes . Shares of…
