Markets

Muddy Waters Research founder Carson Block on Wednesday will launch Zer0es TV, an internet video channel dedicated to informing investors about the mechanics and processes of short-selling.

Major US airlines plan to make a last-ditch bid to persuade Congress to grant them a new US$25 billion bailout to help avert thousands of employee furloughs set to begin Oct 1, even as a separate US$25 billion in government loans for the sector sits untapped.

Walt Disney Co urged California officials on Tuesday to let the company reopen the Disneyland theme park, which remains shuttered six months after closing down to help curb the spread of coronavirus.

Major U.S. airlines plan to make a last-ditch bid to persuade Congress to grant them a new US$25 billion bailout to help avert thousands of employee furloughs set to begin Oct. 1, even as a separate US$25 billion in government loans for the sector sits untapped.

Apple Inc said https://www.apple.com/support/systemstatus on Tuesday some of its users were experiencing problems while accessing certain services, including the App Store, Apple Music and TV+ streaming service.

Total U.S. home sales soared in August, but a record crunch in housing supply sent prices surging. That is a fresh reminder that while the housing market is outperforming during the coronavirus crisis, good news for some comes with evidence of rising inequality and fewer opportunities for others.

Wells Fargo & Co Chief Executive Charles Scharf exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there was not enough qualified minority talent, two participants told Reuters.

Delta Air Lines has agreed to delay a decision on pilot furloughs until Nov. 1, 2020, the union representing its pilots said on Tuesday.

U.S. home sales surged to their highest level in nearly 14 years in August as the housing market continued to outperform the overall economy, but record high home prices could squeeze first-time buyers out of the market.

Strong online sales and demand from Chinese shoppers and students heading back to school are expected to have helped Nike swing back to a profit in the first quarter, a sequential improvement from the surprise loss it posted in July, according to Refinitiv.