Business News

Jordan Kahn of ACM Funds explains his long/short strategy that has outperformed the S&P 500 through the COVID-19 pandemic.

The Food and Drug Administration's scientists confirmed that overall the vaccine is about 66% effective at preventing moderate to severe COVID-19.

A Catholic hospital chain blames its partner, Hoag Memorial Hospital, for their bad blood.

Including asset price inflation in traditional inflation metrics makes the metric more noisy, but is this a good reason to continue ignoring asset price inflation when both the Fed and the economy respond to asset price ...

Even after companies lose to the Internal Revenue Service in court, they defer the costs of that defeat by saying an eventual win remains more likely than not.

A settlement between creditors in Puerto Rico's bankruptcy case is lifting prices of the commonwealth's municipal bonds and shares of insurance companies that guaranteed payments on the bonds.

Foxconn, the world's biggest electronics manufacturer, and Fisker have signed a memorandum of understanding to jointly produce more than 250,000 vehicles a year.

The London company poured cold water on speculation a deal to divest its 152-branch network in the United States was imminent. But biding its time here while focusing on issues in other parts of its global operation coul...

New working arrangements will create new power dynamics. Here’s how managers can prepare.

GameStop Corp. announced that Jim Bell, who served as the executive vice president and CFO, will be resigning from his roles on March 26.      

Not the Fed, it seems.

Eight House artifacts were damaged by rioters, a curator is expected to testify.

The FedACH, Fedwire, and FedCash services were down for several hours on Wednesday afternoon.

Fry's Electronics announced it has shut down operations and closed all 31 of its stores, citing challenges posed by the COVID-19 pandemic.      

Sempra Energy is seeking federal approval for a new proposal to ship fossil fuel overseas.

IBM's decision to explore a sale of its Watson Health business highlights the challenges of building data sets that unlock the full value of artificial intelligence in solving healthcare problems.

Indian billionaire Rakesh Jhunjhunwala, sometimes referred to as the Warren Buffett of India, says that the government should ban bitcoin. Calling the cryptocurrency “speculation of the highest order,” the billionair...

Nvidia stock has had a lot of momentum in recent months, with the stock rising over 106% in the past year.

The rolling fund concept is seen as a way to "democratize" access to venture funding opportunities, where large gains have been realized with many early-stage companies. It provides lower minimums and the ability to add ...

For inflation to be a near-term threat, five things would have to happen this year:

While the combined wealth of Hong Kong's richest managed to rise, more than half saw a pandemic-induced drop in their net worth.

Horst and Stephan Pudwill are growing Techtronic Industries to take on the global giants of the power tools industry with a relentless focus on cordless innovation.