Articles

Investor group raises Macy’s buyout bid by nearly $1 billion

Arkhouse Management and Brigade Capital are raising their offer to buy Macy’s by almost $1 billion, in hopes of taking the department-store chain private.

Japan’s J-Power pitches two offers to buy Australia’s Genex Power

An Australian company that wants to repurpose two abandoned gold pits in eastern Australia as a renewable-energy generator has become a takeover target for one of Japan’s largest electricity producers.

OPEC+ extends oil-production cuts, signaling no rush to restore lost volume

OPEC+, made up of the Organization of the Petroleum Exporting Countries and its allies, including Russia, will extend voluntary production cuts into the second quarter, Saudi Arabia’s official press agency said Sunday.

February job report and Powell’s visit to Capitol Hill are on investors’ radar this week

It is a crucial week for economists and investors as key economic data will be released, along with two days of testimony from Fed Chairman Jerome Powell before Congress.

Stock rally, rate-cut forecasts face test from Powell testimony and jobs report

A four-month-long stock rally may be tested by a pair of big events in the week ahead.

Companies in the Dow made bigger-than-normal adjustments to their profits in Q4, analysis shows

The median difference between per-share profit reported based on generally accepted accounting principles and the adjusted kind stood at 31%.

Can we cut Oprah Winfrey some slack? The struggle to lose weight is real — and drugs can be a lifesaver.

Winfrey has faced backlash since announcing she’s taken a weight-loss medication.

Forget about Super Tuesday. For Trump, it’s going to be March Madness in court

Several of Trump’s legal problems are set to come to a head in March, just as the presidential race is set to kick into full gear

I’m losing money on my rental property, which has a $420,000 mortgage and a 7.9% interest rate. Should I sell?

“My recent refinancing increased my mortgage rate from 5.14% to 7.9%, essentially eating up all my cash flow.”

U.K. pension funds to disclose domestic investment as London stock market falters

Chancellor Jeremy Hunt on Saturday said U.K. pensions will have to disclose how much they have invested domestically, in a move meant to boost the faltering U.K. stock market.

How bitcoin’s upcoming halving differs from the crypto’s previous cycles

Bitcoin halvings have historically been viewed as a bullish event for the cryptocurrency — and the upcoming one, expected in April, faces an even more ideal setup than in previous cycles, according to crypto market observers.

Super Micro, Deckers to join S&P 500, replacing Whirlpool, Zions Bancorp

Data-server provider Super Micro Computer Inc. and footwear maker Deckers Outdoor Corp. will join the S&P 500 SPX stock index later this month, replacing Whirlpool Corp. and Zions Bancorporation, S&P Dow Jones Indices said Friday.
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