Articles

Bausch Health responds to rumors, says it is not considering bankruptcy

Shares of Bausch Health Cos. plunged to a 19-year low intraday on Wednesday, compelling the Canada-based drug and medical-device company to respond to “market rumors.”

Squarespace exec got backlash for saying she was ‘willing to work for free’ in her early career. Is it a good idea for Gen Z?

The CMO said she was willing to work “any hours, any pay” to kick start her career. We asked career coaches if it’s a smart idea in this job market.

Election stress isn’t causing people to change their investing strategies — yet

Many individual investors report feeling “anxious” or “scared” about the election — but those feelings aren’t affecting their portfolios much.

Chinese social media is brimming with anti-Kamala Harris, pro-Donald Trump posts

Debunked rumors started by far-right American influencers are now being parroted by Chinese netizens.

Wine stocks move higher after California competitor files for bankruptcy and delists

The stocks of listed winemakers were mostly higher on Wednesday after Vintage Wine Estates Inc. filed for bankruptcy and said it is voluntarily delisting, removing one competitor from the fold.

Stifel’s stock rallies on second-highest revenue quarter in its 134-year history

Financial firm cites improved institutional business as economic backdrop improves.

Three big questions on Kamala Harris’s tax policies — and how close they are to Biden’s

Harris once proposed taxing stock and bond trades, but there’s still much to learn about the presumptive Democratic nominee’s current policy ideas.

Trump is trying to stop Harris from using Biden’s campaign funds. Here’s why it’s an uphill battle.

The campaign to elect former President Donald Trump on Tuesday filed a complaint with the Federal Election Commission arguing that Vice President Kamala Harris taking over President Joe Biden’s campaign funds for her presidential run is illegal.

Disneyland reaches tentative labor agreement with union workers, avoiding strike

Unionized workers at Disneyland have reached a tentative labor agreement with their employer Walt Disney Co., an employee bargaining committee said Wednesday — a move that would secure wage increases and other protections while avoiding a strike.

OneStream IPO jumps 30% after pricing above its estimated range

KKR-backed cloud-services provider for chief financial officers raises $490 million.

Blackstone Mortgage Trust’s stock falls as it signals more earnings impact from office exposure

Blackstone Mortgage Trust Inc.’s stock dropped 9% on Wednesday after the real estate lender backed by Blackstone Inc. cut its dividend and swung to a loss as it manages through lower values in its office real estate portfolio.

Former Fed official Dudley backs July rate cut, worries labor market weakness might gather steam

When would be a good time for the Federal Reserve to start cutting interest rates? How about now, said former New York Federal Reserve President William Dudley on Wednesday.
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