Goldman Sachs Settles With Malaysia For $3.9 Billion Over 1MDB Bond Sale Scandal
The scandal brought down the government of former PM Najib Razak
Friday’s Stock Market Open: US Equities Fall As China Closes American Consulate In Chengdu
US stocks dropped on Friday on rising tensions between the US and China
Airbus Amends State Loan Agreements In Bid To End Dispute With US Over Subsidies
Airbus said it is now in full compliance with WTO rules
Intel’s Second Quarter Results Beat Expectations, But Warns Of Delay In Delivering Next-Generation Chips
Intel also issued disappointing guidance for the third quarter
Thursday’s Stock Market Close: US Equities Drop As Jobless Claims Data Worries Traders
US stocks dropped on Thursday although Senate Republicans prepare new stimulus package.
Cyberwars: Morgan Stanley Blocks Interns In China From Accessing Remote Networks
Cybersecurity is a major source of tension between the U.S. and China
China Prepares To Close US Consulate In Chengdu In Retaliation For Houston Closure
Chengdu is in southwestern China, not far from Tibet
AT&T Second Quarter Earnings Beat Expectations; Revenues Slightly Miss
The dompany's shares have dropped almost 23% since the beginning of the year
Trump Backs Off On Payroll Tax Cut Demand As Senate Republicans Prepare New COVID-19 Stimulus Package
Enhanced unemployment benefits expire at end of July
Some U.S. Aluminum Mills Want Changes In Tariff Exclusion Policies
In March 2018, the Trump administration imposed a 10% tariff on foreign-made aluminum but allowed exclusions
Thursday’s Stock Market Open: US Equities Slip As Another 1.4 Million File For Unemployment
US stocks fell on Thursday although Senate Republicans prepare new stimulus package.
Dow Inc. To Cut About 2,200 Jobs After Incurring Quarterly Loss
Dow has about 36,500 workers in 31 countries
Tesla Delivers Fourth Consecutive Quarter Of Profits Despite Impact Of Pandemic
Tesla is now closer to joining the S&P 500 index
Microsoft Fourth Quarter Results Beats Analysts Expectations As Cloud Business Pumps Revenue Growth
Microsoft took a charge on closing retail stores
Wednesday’s Stock Market Close: US Equities Rise Ahead Of Key Earnings from Microsoft, Tesla
US stocks rose on Wednesday although the U.S. ordered the closure of China’s consulate in Houston
UK Unlikely To Wrap Up Trade Deal With US This Year
Boris Johnson had wanted to complete trade deal by late summer
German Prosecutors Arrest Two More Former Wirecard Executives, Ex-CEO Back In Custody
Wirecard filed for insolvency in late June
Slack Technologies Files Anticompetition Complaint Against Microsoft
Slack operates a service that competes directly with Microsoft Teams
Wednesday’s Stock Market Open: US Equities Fall Amid Escalating Tensions Between US And China
US stocks fell on Wednesday after the U.S. ordered the closure of China’s consulate in Houston
U.S. State Department Orders China To Close Consulate In Houston, Texas
Video emerged on consulate employees burning documents in courtyard
Tuesday’s Stock Market Close: US Equities Finish Mixed As Nasdaq Underperforms, Dow Climbs
US stocks finished mixed on Tuesday although EU leaders hammered out deal on 750-billion euro spending package
Senate Banking Committee Approves Nomination Of Controversial Judy Shelton To Federal Reserve Board
Shelton’s nomination must still be approved by the full Senate.
US, India Nearing Trade Deal, Says New Delhi’s Commerce Minister
But a longer-term free trade agreement may take longer to achieve
European Banks May Suffer More Than $900 Billion In Loan Losses Over Next Three Years
Some banks in Europe, U.K. are still struggling with the after-effects of the 2008 financial crisis
IBM Second Quarter Earnings, Revenues Beat Analysts’ Expectations
Gross margins improved under new CEO Krishna.
Coca-Cola Sees Second Quarter Sales Drop 28% As Pandemic Shuts Public Venues
Coke’s second quarter earnings beat analysts’ forecasts
Tuesday’s Stock Market Open: US Equities Rise As EU Reaches Agreement On COVID Recovery Fund, Oil Jumps
US stocks rose on Tuesday after EU leaders in Brussels hammered out deal on 750-billion euro spending package
EU Reaches Agreement On Landmark COVID-19 Recovery Fund After Contentious Talks In Brussels
The EU reached a deal after four days of often fractious negotiations in Brussels
Monday’s Stock Market Close: US Equities Move Higher On Promising Vaccines, Amazon Boosts Nasdaq
US stocks rose on Monday as Chevron agreed to buy Noble Energy, the biggest energy merger since the pandemic began.
Walmart Renews Talks To Sell Majority Stake In UK Grocery Business, Asda
Walmart initially bought Asda in 1999
