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Posts published in “Finance”

Shareholders may pursue 737 MAX claims against Boeing board, court rules

Shareholders may pursue 737 MAX claims against Boeing board, court rules  Fox BusinessBoeing: Directors to face investor lawsuit over fatal crashes  BBC NewsShareholders may pursue some 737 MAX claims against Boeing board, court rules  Yahoo FinanceBig Boeing customer says it is walking away from new MAX order  Fox BusinessWhat Is Boeing's MAX 10 and Why Is Ryanair Backing Away?  Barron'sView…

After the iPhone 13, the future of Apple’s iPhone Mini hangs in the balance

The iPhone 12 Mini hasn't been selling well, and reports suggest that an iPhone Mini 13 could be the last.  Patrick Holland/CNET If you prefer smaller phones, you have something to look forward to this month when Apple is expected to launch an iPhone 13 Mini as part of its iPhone 13 lineup. But don't…

Here’s what the Fed will do –

Get out your popcorn, and get your trading apps open — after months in the waiting, Federal Reserve Chair Jerome Powell is set to deliver remarks on the economic outlook at the Kansas City Fed’s Jackson Hole economic symposium. Expect him to inch up to the line, but not quite announce, that the Fed will…

Influential short-seller Carson Block explains what he got wrong about Elon Musk and Tesla

Activist short-seller Carson Block, the founder of Muddy Waters Research, had an epiphany of sorts about Elon Musk and Tesla (TSLA), causing him to change his tune on the electric vehicle entrepreneur after a rather odd dream involving Social Capital CEO Chamath Palihapitiya. In his first-ever investor letter after nearly six years of managing money, Block…

U.S. stock futures mixed as market shrugs off inflation report

Traders work on the floor of the New York Stock Exchange.NYSEU.S. stock futures were mixed Wednesday night after the market shrugged off the July inflation report and the Dow Jones Industrial Average and S&P 500 hit records.Dow futures rose 9 points, or 0.03%. S&P 500 futures and Nasdaq 100 futures fell 0.02% and 0.14%, respectively.In…

Asia stocks spooked by sudden slide in gold

People are reflected on an electric board showing Nikkei index and its graph outside a brokerage at a business district in Tokyo, Japan, June 21, 2021. REUTERS/Kim Kyung-HoonAsian stock markets : https://tmsnrt.rs/2zpUAr4Gold drops more than 4% at one stage, oil prices slideStrong U.S. jobs report brings Fed tapering nearerRising Treasury yields lift dollar to 4mth…

China Stocks Rally as Beijing Intensifies Effort to Calm Market

(Bloomberg) -- Stocks in China and Hong Kong jumped Thursday, after authorities intensified efforts to calm fears about a crackdown on the private education industry and as the central bank pumped liquidity into the financial system.The CSI 300 Index closed 1.9% higher, led by materials and industrial stocks. Hong Kong’s Hang Seng Index rallied 3.3%,…

Nasdaq to Spin Out Market for Pre-IPO Shares in Deal With Banks

Nasdaq Inc. is teaming up with a group of banks including Goldman Sachs Group Inc. and Morgan Stanley to spin out its marketplace for shares of private companies. The deal could help drive more transactions to Nasdaq Private Market, the New York-based exchange operator’s trading platform for shares of companies that haven’t yet had an…

American father, son sentenced to Japan prison for helping Ghosn escape

A Tokyo court handed down prison terms for the American father and son accused of helping Nissan’s former chairman, Carlos Ghosn, escape to Lebanon while awaiting trial in Japan.Michael Taylor was sentenced Monday to two years in prison, while his son Peter was sentenced to one year and eight months.They were charged with helping a…