Wall Street is abuzz about stock market bubbles as surges in the share prices of some loss-making firms, red-hot public markets and amateur investors chasing stocks at frothy valuations spark fears of a pullback.
Delta Air Lines plans to bring back 400 full-time pilots by this summer, according to a company memo on Monday seen by Reuters.
Household spending rose modestly over the last four months, but consumers' expectations for how much more they'll be able to spend a year from now surged, according to a survey released Monday by the New York Federal Reserve.
Europe is set to lift a 22-month flight ban on the Boeing 737 MAX this week after reviewing submissions by industry experts and whistleblowers, angering relatives of some of the 346 crash victims, who say the move is premature.
Swiss luxury watchmaker Hublot, part of French group LVMH, expects sales to grow 15-20per cent in 2021, driven by China, after a difficult 2020 and a challenging start to the new year, its chief executive said on Monday.
Nasdaq futures jumped on Monday as markets geared up for a busy week of earnings from mega-cap technology companies, against the backdrop of rising hopes for a fiscal package from the Biden administration.
Google employees from across the globe are forming a union alliance, weeks after more than 200 workers at the search engine giant and other units of parent company Alphabet Inc formed a labor union for U.S. and Canadian offices.
REUTERS: A blank-check firm backed by prominent investor Bill Foley has agreed to take Alight Solutions LLC, the U.S. benefits services provider owned by buyout firm Blackstone Group, public in a deal valued at US$7.3 billion, the companies said on Monday. Reuters was first to report on Sunday ......
GENEVA: The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said on Monday (Jan 25), with the equivalent of more than a quarter of a billion lost. In a fresh study, the UN's International Labour Organization (ILO) found that a full 8.8 per cent...
Nasdaq futures jumped on Monday as markets geared up for a busy week of earnings from mega-cap technology companies, against the backdrop of rising hopes for a fiscal package from the Biden administration.
