Showing 61 - 70 of 255
Congress Sets Stage for Exiling Chinese Stocks From America
Business, Published on 04/12/2020
» The House unanimously approved legislation on Wednesday that threatens a trading ban of shares of Chinese companies such as Alibaba Group Holding Ltd. over concerns that their audits aren't sufficiently regulated.
Tesla's S&P 500 Debut Set to Put $100 Billion in Trades in Motion
Business, Published on 01/12/2020
» Additions and subtractions to the S&P 500 are normally a ho-hum affair. The 509th biggest company in the U.S. might jump to 497th place, and thus into the index. Investors who track it buy the one stock and sell another.
Amazon Launches Online Pharmacy
Business, Published on 19/11/2020
» Amazon.com Inc. is adding a pharmacy counter to its virtual store, a long-anticipated push deeper into health care that sent shares of traditional drugstores tumbling.
Tesla to join S&P 500, shares surge
AFP, Published on 17/11/2020
» NEW YORK - Elon Musk's rising electric car powerhouse Tesla reached another landmark Monday when it officially qualified for the prestigious S&P 500.
Renewable player overtakes ExxonMobil in market value
AFP, Published on 08/10/2020
» NEW YORK - After decades of embracing fossil fuels, Wall Street appears to be shifting its allegiance to renewable energy, a sharp turn apparent in the contrasting fortunes of NextEra Energy and Exxon Mobil.
Gold Is Flying High, but Getting Harder to Mine
Business, Published on 18/08/2020
» Gold miners are riding high as the metal trades at record prices, but digging it out of the ground is getting harder.
Kicking Out Chinese Stocks and WeChat Is Another Nail in the Coffin of U.S.-China Links
Business, Published on 08/08/2020
» The White House shot with both barrels at Sino-U.S. financial links Thursday, firing off a plan that could force Chinese companies to give up U.S. listings and executive orders restricting transactions related to ByteDance and Tencent Holdings, two major Chinese tech companies.
Musk mocks Tesla short-sellers by selling short shorts
AFP, Published on 07/07/2020
» SAN FRANCISCO - Tesla founder Elon Musk is ruthlessly mocking the carmaker's doubters who sell the company short by selling short shorts with the company logo.
Elon Musk mocks regulators, short-sellers as Tesla soars
AFP, Published on 03/07/2020
» SAN FRANCISCO: Tesla founder Elon Musk on Thursday mocked securities regulators and short-sellers in series of tweets as the tech entrepreneur celebrated his firm's rise as the world's most valuable carmaker.
Fracking Trailblazer Chesapeake Energy Files for Bankruptcy
Published on 30/06/2020
» Chesapeake Energy Corp. filed for bankruptcy protection Sunday as an oil- and gas-price rout stoked by the coronavirus pandemic proved to be the final blow for a shale-drilling pioneer long hamstrung by debt.