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Tag: industry


Finance Tech, Trading

Stocks slip on Wall Street as market eases back from records

April 6, 2021

Via: ABC News

TOKYO — Asian shares were mixed Wednesday after Wall Street took a breather, with major indexes edging lower. Japan’s benchmark Nikkei fell 0.5% to 29,544.93 and the Shanghai Composite index sank 0.7% to 3,459.25. Australia’s S&P/ASX 200 gained 0.3% to […]


Finance Tech, Trading

Stocks making the biggest moves in the premarket: Tesla, GameStop, Roblox & more

April 5, 2021

Via: CNBC

Tesla (TSLA) – Tesla delivered nearly 185,000 vehicles during the first quarter, a record for the company and more than 10,000 about consensus forecasts. The stock jumped 7.6% in the premarket. GameStop (GME) – The video game retailer announced plans […]


News

Biden says higher corporate tax won’t hurt economy; Manchin opposes 28% rate

April 5, 2021

Via: CNBC

President Joe Biden said Monday he is not worried that a plan to increase corporate America’s tax bill would dampen the U.S. economy as it emerges from the Covid-19 pandemic. Asked whether he is concerned that the White House plan […]


Finance Tech, Trading

Stocks making the biggest moves premarket: Ulta, Poshmark, Novavax and others

March 12, 2021

Via: CNBC

Ulta Beauty (ULTA) – Ulta Beauty announced that CEO Mary Dillon will step down in June to be replaced by company President David Kimbell. Dillon will move to the role of executive chairman. Separately, the cosmetics retailer beat estimates on […]


News

5 things to know before the stock market opens Friday

March 12, 2021

Via: CNBC

Nasdaq futures fell about 200 points or 1.5% on Friday, one day after the tech-heavy index soared 329 points, or 2.5%, on gains in the likes of Apple, Facebook and Google-parent Alphabet. However, as bond yields ticked back up Friday, […]


Energy, Industries

Attack on Saudi oil site fuels upward march for crude prices

March 8, 2021

Via: ABC News

Oil prices remained elevated Monday as Saudi Arabian oil facilities were targeted by drone strikes just days after the largest crude exporting nations in the world said they would not increase output. Brent crude, the international standard, surpassed $70 per […]


Industries, Retail & Wholesale

GameStop shares jump after retailer taps Chewy co-founder Ryan Cohen to lead e-commerce shift

March 8, 2021

Via: CNBC

Shares of GameStop jumped more than 35% after the company announced Monday that it has tapped Chewy co-founder Ryan Cohen to lead its shift to e-commerce. Cohen is serving as chairman of a special committee formed by GameStop’s board to […]


Industries, Manufacturing, Retail & Wholesale

Walmart says it will support U.S. manufacturers with $350 billion of added business

March 3, 2021

Via: CNBC

Walmart said Wednesday that it plans to back American manufacturers by spending an additional $350 billion over the next decade on items that are made, grown or assembled in the U.S. Nearly two-thirds of Walmart’s current assortment is made, assembled […]


Industries, Retail & Wholesale

Target to invest $4 billion to speed new stores and remodels, expand ability to fill online orders

March 2, 2021

Via: CNBC

Target said Tuesday that it hopes to build on its recent growth by investing about $4 billion annually over the next several years to speed along new stores, remodel existing ones and increase its ability to quickly fulfill online orders. […]


Industries, Retail & Wholesale

As store owners sign more short-term leases, landlords are taking a risky bet on the future of retail

February 26, 2021

Via: CNBC

Retailers and their landlords are engaged in a high-stakes game of risk right now. And it will be a few years until we find out which party is on the winning side. As thousands of retail leases come up for […]