Palash Ghosh

4591-4620 (out of 7238)

Palash has worked as a business journalist for 21 years in New York.

Why is News Corp. Buying Back Its Shares?

Still burdened by an ongoing phone-hacking scandal at its British subsidiaries, Rupert Murdoch's company is aggressively buying back shares in an effort to buttress its share price. Assuming the shares remain at about $17, one analyst estimates News Corp. will have repurchased almost $2.2 billion in shares by as early as Nov. 7.

Dow Down More than 400 Points; Every Component in the Red

U.S. stocks are suffering a massive sell-off, with the Dow Jones Industrial Average plummeting more than 400 points, in the wake of a grim outlook from the Federal Reserve. Treasuries are rallying, the yield on the 10-Year note is at 1.76 percent, an all-time low.

U.S. Stocks Plunging on Fed’s Grim Outlook on Economy

U.S. stocks have opened sharply lower in Thursday morning trading following an overnight plunge in global markets. Equities have tumbled largely in response to the Federal Reserve’s grim warning about the state of the U.S. economy and the establishment bond swap program.

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