Markets are not very good at pricing political and geopolitical – let alone environmental – tail risks, says Nouriel Roubini.
Eastman Kodak Co on Monday granted its executive chairman options for 1.75 million shares as the result of what a person familiar with the arrangement described as an "understanding" with its board that had previously neither been listed in his employment contract nor made public.
LATAM Airlines will fire "at least" 2,700 workers in Brazil, including pilots, its Brazilian arm said on Saturday, as the bankrupt carrier struggles to cut costs and cope with an industry collapse due to the COVID-19 pandemic.
Eastman Kodak Co on Monday granted its executive chairman options for 1.75 million shares as the result of what a person familiar with the arrangement described as an "understanding" with its board that had previously neither been listed in his employment contract nor made public.
China's ByteDance has agreed to divest the US operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.
SoftBank Group Corp will keep a stake in its chip company Arm Holdings Ltd, even if it sells part of it to Nvidia Corp or through an initial public offering, the Nikkei Asian Review reported.
Facebook said on Saturday it has put a global block on certain accounts controlled by supporters of Brazil's President Jair Bolsonaro implicated in a fake news inquiry, a day after it was fined for not complying with a Supreme Court judge's order to do so.
LATAM Airlines is poised to fire at least 2,700 workers in Brazil, including pilots, starting with a voluntary redundancy process slated to commence next week, O Globo and O Estado de S. Paulo newspapers reported on Saturday.
China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.
Investors are preparing their portfolios for a potentially rocky patch in U.S. stocks, worried that a dramatic rebound in equities may stall amid dimming economic data and rising political uncertainty.
