Articles

Social Security offers relief for millions in overpayment scandal

New commissioner of Social Security Martin O’Malley is bringing relief to millions hit by the overpayments scandal

Proxy advisory firm ISS backs Nelson Peltz’s bid to join Disney’s board

Activist investor Nelson Peltz on Thursday received a mega-endorsement in his bid to join Walt Disney Co.’s board, as influential proxy advisory firm Institutional Shareholder Services threw its support behind him.

Investors push a Japanese ETF to fresh highs, seeking protection from a falling yen

Investors pile into a currency-hedged Japan ETF on Thursday for protection as the Japanese yen falls on a historic BOJ policy shift.

Mining company Lei Xin Holdings files for U.S. IPO

Mining company Lei Xin Holdings Co. filed for an initial public offering with the Securities and Exchange Commission on Thursday.

Apple has missed this year’s tech rally, and DOJ suit will likely make that pain linger

Whatever the ultimate legal read on the case is, one thing is clear: It will be a massive distraction for the tech giant.

FedEx’s stock jumps 10% after logistics company raises guidance, trims spending

FedEx Corp. raises guidance and says it will continue to cut costs and trim spending.

Lululemon’s stock drops on soft revenue forecast

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Nike stock rises after quarterly results beat estimates, amid ‘progress’ on efforts to reignite better growth

Shares of Nike Inc. rose after hours on Thursday, after the sneaker maker reported fiscal third-quarter results that beat expectations and management said it was “encouraged” by the company’s efforts to focus on newer products and deliver better growth.

First Citizens draws ‘buy’ rating after bulking up from purchase of Silicon Valley Bank

Goldman Sachs initiates coverage of North Carolina-based bank, now ranked as the 16th largest in the U.S.

Stormy Daniels on Michael Avenatti: ‘I never liked him and I never trusted him’

The actress, director and author reflected on why she hired her former lawyer, who is now serving a 14-year prison sentence for wire and tax fraud.

Stock market momentum and S&P 500 strength look solid

Volatility is low and market signals are still flashing green.

Medicare allows coverage of Wegovy for heart patients

Older adults may now get Medicare coverage for Wegovy, if they’re using it to cut the risk of serious heart problems and not for weight loss alone.
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