Articles

Norfolk Southern calls on shareholders to reject activist investor’s takeover bid

Activist investor Ancora Holdings Group is calling for the ouster of Norfolk Southern CEO Alan Shaw.

Wall Street strategist who called dot-com crash says stocks are in a bubble driven by Fed

The artificial-intelligence craze and a “loosey goosey” Federal Reserve have helped to spawn another bubble in U.S. stocks, according to a strategist who anticipated the dot-com crash.

U.S. factory orders rise in February after two straight monthly declines

Orders for manufactured goods rebounded 1.4% in February after two straight monthly declines, the Commerce Department said Tuesday. The increase was higher than the 1% gain expected by economists surveyed by the Wall Street Journal.

WeWork expects to emerge from bankruptcy by end of May

WeWork said Tuesday that after restructuring lease agreements at nearly 90% of its real-estate portfolio, it expects to come out of bankruptcy by the end of May.

Job openings stay at 8.8 million. Labor market still plenty robust.

The number of job openings in the U.S. totaled 8.8 million in February for the second month in a row, showing a labor market with plenty of residual strength.

German inflation could hit ECB’s target of 2% by next month, ING economists say

Inflation in the German economy fell for the fourth month in a row to 2.2% in March

Hated and cheap: Why Ray Dalio says he’s not giving up on this embattled asset class.

The hedge-fund founder defends his investments in China as others start to warm up to those embattled stocks.

JPMorgan credit outlook upgraded to positive from stable at S&P for ‘superior resilience’

S&P cites megabank’s ‘business strength’ as well as its diversification

Verve Therapeutics stock plunges as cholesterol-lowering gene-editing treatment faces setback

Verve Therapeutics shares dropped more than 30% early Tuesday after the company paused enrollment in a trial of its gene-editing treatment for heart disease.

How much will you need to retire? America’s ‘magic number’ surges to $1.46 million

The gap between our goals and reality has never been wider

Rivian tops consensus estimates with first-quarter deliveries but stock still falls

Rivian Automotive Inc. said Tuesday it delivered 13,588 vehicles in the first quarter, beating the FactSet consensus for 13,000.

Schlumberger to spend $7.8 billion in stock to buy ChampionX

Oil services company Schlumberger Ltd. announced Tuesday an agreement to buy chemical and drilling technologies company ChampionX Corp. in an all-stock deal valued at about $7.8 billion.
1 1,364 1,365 1,366 1,367 1,368 2,370