Markets Archives • Page 8705 of 11906 • Financial News

Markets

Amazon, Facebook, Google-backed groups sue Maryland over new online ad tax – Washington Post

The U.S. Chamber of Commerce and an industry group backed by Amazon, Facebook Inc and Google have sued Maryland over new its new online advertising tax aimed at funding education, the Washington Post reported on Thursday.

Markets

GameStop stock rallies after ‘Roaring Kitty’ testifies to Congress

Shares of GameStop briefly reversed losses to trade as much as 4per cent higher on Thursday after Keith Gill, who helped drive a recent surge in the videogame retailer's stock, gave testimony in a congressional hearing.

Markets

McDonald’s ties executive bonuses to diversity, releases workforce data

McDonald's Corp on Thursday said it will tie executive bonuses to new goals for diversifying the company and for the first time publicly release demographic details of its workforce.

Markets

US CEOs see higher pay, fewer layoffs as confidence surges

U.S. business leaders expect to cut fewer jobs and a growing number plan to sharply raise employees' pay in the months ahead as confidence in the economic outlook surges amid the rollout of COVID-19 vaccines, a survey released on Thursday showed.

Markets

Wall Street slips as tech slide resumes, jobless claims rise

Wall Street's main indexes fell on Thursday as investors resumed a shift out of big technology-related firms, while an unexpected rise in weekly jobless claims pointed to a fragile recovery in the labor market.

Markets

GameStop frenzy sparks fresh investment in stock-trading apps

The recent trading frenzy centered on GameStop Corp and other “meme” stocks is sparking a wave of investor interest in start-ups aiming to mimic the success of Robinhood Markets Inc, whose no-fee brokerage app has helped drive a trading boom.

Markets

US House revives bill to ban goods from China’s Xinjiang

The U.S. House of Representatives on Thursday reintroduced a bipartisan bill that would ban imports from China's Xinjiang region unless it is certified they are not produced with forced labor, and allow further sanctions against Chinese officials responsible for abuses against Muslims.

Markets

Explainer: How were more than 100per cent of GameStop’s shares shorted?

One area of focus from a U.S. House of Representatives panel on Thursday will likely be on the role short selling played in the GameStop market mayhem.

Markets

Toyota investing US$210 million to expand West Virginia engine production

Toyota Motor Corp said Thursday it is investing US$210 million to expand engine production in West Virginia and add 100 new jobs.

Markets

Exclusive: Ford puts projects with Mahindra on hold as it reassesses India strategy – sources

Ford Motor has frozen all projects it was working on with Mahindra & Mahindra while it finalises a new India strategy, three people familiar with the U.S. carmaker's plans told Reuters, weeks after the two companies called off their planned joint venture.

Markets

Most Viewed

Trending Now