Market News
Chinese Bank Tries to Calm Storm Over Investors' Oil Losses
Wall Street Journal - 6 May 2020 13:29
A top Chinese bank is trying to reach a deal with investors caught out by negative oil prices, after plans to hold individuals accountable for losses greater than their original investments drew scrutiny from regulators ...
Lyft shares jump 15% as company reports more riders than last year despite coronavirus
CNBC - 6 May 2020 23:30
Lyft reports its first-quarter results on Wednesday after the bell.
Oil's 'Relief Rally' Stalls after Prices Double
Wall Street Journal - 6 May 2020 16:36
The rally raises hopes--but not confidence--that the mounting fuel glut won't overwhelm the world's capacity to store oil.
Stocks Finish Negative After Oil Gives Up Gains
Forbes - 6 May 2020 22:00Lawmakers Are Bitterly Divided Over How To Get More Stimulus Cash To Americans
Forbes - 6 May 2020 20:36Match Keeps Flame Alive in Lockdown
Wall Street Journal - 6 May 2020 20:18
Match's first-quarter results show singles don't need bars to mingle, after all.
Office Depot Can't Coast on Pandemic Gains
Wall Street Journal - 6 May 2020 20:17
Office Depot is the latest retailer to benefit from new pandemic spending patterns, but that isn't where it should focus its future efforts.
Bitcoin Up 4% Today As Halving Approaches
Forbes - 6 May 2020 19:55Charting A Course For Capital Markets Post-COVID-19
Forbes - 6 May 2020 19:18India Has Been Crippled By The Coronavirus Lockdowns
Forbes - 6 May 2020 18:51How COVID-19 Will Change The Future Of Work
Forbes - 6 May 2020 17:57Homebound parents bought board games, not Barbies, crippling Mattel's sales in the first quarter
CNBC - 6 May 2020 17:56
Consumers stocked up on board games, not Barbie dolls, amid the coronavirus pandemic, sending Mattel's sales in the first quarter tumbling.
Why Buffett Was Wrong To Dump Airlines
Forbes - 6 May 2020 17:46With Federal Aid Uncertain, Illinois, New York's MTA Test Muni Market
Wall Street Journal - 6 May 2020 17:05
Two of the country's largest municipal borrowers asked investors to buy bonds this week, a key test of the $3.8 trillion market where state and local governments turn to fund themselves.
Emergency Economic Stop Gives Car Makers Whiplash
Wall Street Journal - 6 May 2020 17:04
General Motors did much better than Ford and Fiat Chrysler, but there was no escaping the havoc caused in first-quarter results by the March collapse in vehicle sales.
New York Times expects ad revenue to plummet 50% in Q2, but broke its record for net new subscriptions in a quarter
CNBC - 6 May 2020 17:03
The New York Times Company said it expects advertising revenue to fall between 50-55% year-over-year in the second quarter as impacts of the pandemic are hitting demand for advertisers. But the media company, which gets ...