Market News
How Germany's SEC Dismissed a Decade of Warnings About Wirecard
Wall Street Journal - 16 Jul 2020 15:46
Germany's top financial supervisor received detailed warnings about deceptive financial practices at Wirecard starting in 2008 but repeatedly failed to investigate the allegations, turning instead against the accusers.
Bank of America shares drop as it sets aside another $4 billion for coronavirus-related loan losses
CNBC - 16 Jul 2020 13:03
Bank of America's trading division, similar to what rivals JPMorgan Chase and Citigroup have disclosed, helped offset the drag caused by the coronavirus pandemic.
Putnam Fund Trims Bet on Depressed Mall Debt at Loss
Wall Street Journal - 16 Jul 2020 11:30
A Putnam Investments bond fund is under pressure from an expensive wager on America's depressed shopping malls.
For Most, Remote Work Not Humanly Possible Despite Raging Covid-19 Pandemic
Forbes - 16 Jul 2020 22:51Shares Of Netflix Smacked After Earnings Miss & Lowering Guidance
Forbes - 16 Jul 2020 22:43Iron Mountain Shares Cross 9% Yield Mark
Forbes - 16 Jul 2020 22:18100 Republicans And Democrats Send Letter To IRS Asking For Fix To Stimulus Payment Problems
Forbes - 16 Jul 2020 22:08What Recession? Trading Revenues Surge At Goldman Sachs, Morgan Stanley, JPMorgan Thanks To A Massive Market Rally
Forbes - 16 Jul 2020 20:23How Banks Could Turn Covid Pain into Eventual Gains
Wall Street Journal - 16 Jul 2020 19:59
The basic business of banking in the age of Covid-19 isn't proving to be easy. But for some, there could be light at the end of the tunnel.
U.S. Recovery Hangs in Balance
Wall Street Journal - 16 Jul 2020 18:50
The second quarter was probably the worst for the U.S. economy since at least the end of World War II, but it ended on a high note. Now the economy is approaching a crucial juncture, with its fate in the hands of local a...
Senate Democrats Propose $350 Billion In Coronavirus Aid For Communities Of Color. Here's Exactly What That Would Look Like.
Forbes - 16 Jul 2020 18:49Best Stocks To Buy As Nasdaq Struggles To Rebound
Forbes - 16 Jul 2020 18:39Twitter's Biggest Strength Is Also its Core Weakness
Wall Street Journal - 16 Jul 2020 18:33
An attack by hackers highlights some troubling issues about the social-media platform, beyond mere technical vulnerabilities.
More consumers checking credit scores amid pandemic
livemint.com - 16 Jul 2020 18:21
North India saw the highest rise in enquiries for credit reports. They were up 31% in June compared with May. South India saw an increase of 28% and west India 22%
ATMs get covid-ready, set to go contactless soon
livemint.com - 16 Jul 2020 18:17
A prototype of a contactless ATM cash withdrawal solution is in the testing stage.The industry is working towards making ATM kiosks more friendly amid the threat of covid-19 infections
How much a house costs in Delhi-NCR
livemint.com - 16 Jul 2020 18:11
Here is the list of average price of flats across five price bands in Delhi-NCR
Russia Thinks It Can Have A Covid-19 Vaccine Ready By End Of Summer
Forbes - 16 Jul 2020 18:02SYNNEX Reports 2Q20 Results; To Spin-Off Concentrix By 4Q20
Forbes - 16 Jul 2020 17:56Dominos Tastes Fine Before, During and After Pandemic
Wall Street Journal - 16 Jul 2020 17:55
Investors certainly didn't lose their taste for Domino's Pizza due to the coronavirus pandemic. The pizza-delivery giant delivered exceptional performance in its fiscal second quarter.
When the Millennium Falcon's Hyperdrive Fails, It's Time to Hop on a Real Spaceship
Wall Street Journal - 16 Jul 2020 17:53
Having played a role in Disney's Star Wars theme park, Virgin Galactic's new CEO now needs to make an attraction of a real spaceship.