Cleveland-Cliffs is US Steel’s top strategic buyer
by by Bianca Flowers CHICAGO (Reuters) – The international head of United Steelworkers (USW) said on Monday the union supports North American steel producer Cleveland-Cliffs’ bid …
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PayPal appoints Intuit CEO Alex Chriss, to replace Schulman
(Bloomberg) — PayPal Holdings Inc. Alex Kress CEO, leveraging a longtime fintech executive with a focus on small businesses to lead the beleaguered payments giant. …
AMC stock crashes when court approves APE conversion
Shares of AMC (AMC) were down in early trading Monday, down nearly 40% as investors feared further dilution of their common shares. Over the weekend, …
Hawaii Electric Inventory sinks 41%. The analyst says the Maui wildfires are a risk to stocks.
font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It was falling on Monday as wildfires …
Dow Jones falls ahead of big retail earnings Kathy Wood sells more Tesla shares
The Dow Jones Industrial Average fell on Monday, as investors prepare for a big week of retail gains. Meanwhile, Cathie Wood’s Ark Innovation ETF (ark) …
84% of retirees make this rhythmic movement disorder mistake. You don’t have to be one of them
Retirees who limit retirement account withdrawals to RMDs may be making a mistake, according to JPMorgan Chase. Although pensioners are only required to take a …
iPhone maker Foxconn exceeds expectations. Apple stock edges up.
font size Foxconn is known for assembling iPhones and is a major supplier to Apple. AFP via Getty Images Foxconn And which makes apple iPhones …
Tech stocks have a yield problem
What goes up must eventually come down. And in the state of the markets right now, Treasury yields are still rising and hot technology stocks …
US Steel, Tesla, AMC, Nikola, and More Stock Market Movers
font size US Steel rejected an unsolicited buyout offer from rival Cleveland Cliffs. Sean Gallup / Getty Images Stock futures rose on Monday as markets …
China is looking to attract foreign investment as its economy struggles
(Bloomberg) — China’s latest attempt to reverse stagnant foreign investment in the country includes pledges to provide better tax treatment for offshore companies and make …