Alibaba Group Holding’s recent decision to split its US$257 billion business empire into six independently-run units has been largely welcomed by investors, but internally, some employees are worried about the…
Category: Breaking News
Buy These Clean Energy Stocks, Morgan Stanley Says, Forecasting Over 100% Upside
Renewable Energy Stocks Becoming More Valuable Right now, we’re at the cusp of a world-changing shift in the green energy economy, as both social and political will have come together…
McDonald’s temporarily closes US offices ahead of planned layoffs
McDonald’s (MCD) will temporarily close its U.S. corporate offices this week as it plans to lay off an undisclosed number of workers as part of a larger restructuring effort, per…
Oil Surges 8% After OPEC+ Blindsides Market With Production Cut
(Bloomberg) — Oil surged at the week’s open after OPEC+ unexpectedly announced crude output cuts that threaten to tighten the market, delivering a fresh inflationary jolt to the world economy…
What if the Fed hadn’t made a ‘mistake’? A hypothetical to consider.
A version of this post was originally published on TKer.co Stocks rallied last week, with the S&P 500 rising 3.5%. The index is now up 7% year to date, up…
Why the FDIC offered to take billions in losses to find SVB assets a new home
When a North Carolina lender agreed last weekend to assume $60 billion in loans from the failed Silicon Valley Bank, it struck a deal that provides it with protection if…
10 Largest Beverage Companies
The Beverage Industry The beverage industry is made up of a wide range of companies that sell non-alcoholic products such as soft drinks, health drinks, coffees, and teas, as well…
Robust Bond Gains Mask Risk of Market Pain Ahead
(Bloomberg) — The year of the bond is in danger of hitting a wall. Most Read from Bloomberg Global credit markets just wrapped up their second consecutive quarterly win as…
Branson’s space dreams are crashing to Earth for the last time
Richard Branson Virgin Orbit – AP Photo/Susan Montoya Bryan No one said extraterrestrial exploration was easy but some attempts are best quickly forgotten. Take Sir Richard Branson. The billionaire’s quest…
Altria Lays Out a Transition to Smokeless Products. But It Begins With the Dividend.
Altria Group maker of Marlboros and the largest U.S. cigarette company, has long viewed its dividend as the best way to return capital to investors. The approach is popular with…