The Russell 2000 index of smaller-company stocks gave up 4.02 points, or 0.3 percent, to 1,410.15. Health care and consumer-focused companies were among the biggest laggards.
Benchmark Capital, an early Uber investor that holds a seat on the company’s board, filed the lawsuit in Delaware Chancery Court, Axios reported Thursday. Benchmark, which was instrumental in forcing Kalanick to resign as Uber’s CEO in June, believes Kalanick is using...
“The war of words taking place between the United States and North Korea at the moment, which includes very real threats of action, is taking its toll on investor sentiment”.
J.C. Penney has been a turnaround story for more than three years, and this negative reaction to earnings pushed the stock into bottom-basement territory, solidly below the important $5 a share threshold. Finally, World Asset Management Inc boosted its stake in J.C. Penney...
The Consumer Price Index (CPI) for All Urban Consumers (CPI-U) rose by just 0.1%, indicating weaker-than-expected inflation pressure in July. Declines in hotel rates, vehicle prices and child care accompanied a continuing drop in wireless-phone service costs that some Fed...
In Asia, most stock indexes were pressured as geopolitical tensions re-entered the spotlight on Wednesday and China consumer inflation missed expectations. Traders there were also digesting a rise in jobless claims and the biggest drop in producer prices in 11 months.
China’s territorial disputes in the strategic and potentially oil- and gas-rich waterway with five other governments intensified after it built islands in disputed waters and reportedly started to install a missile defense system on them, alarming rival claimant states, the...
“Over the last several days, we’ve examined all of the relevant issues and have made a decision to work on adding support for bitcoin cash for Coinbase customers”.
Gary Cahill says Chelsea can not afford many injuries this season as they try to defend their Premier League title while returning to the Champions League with a squad short on numbers.
The Company owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater NY metropolitan area, including the Empire State Building.
However, two members of the committee – Ian McCafferty and Michael Saunders – voted to raise borrowing costs and the Bank signalled that investors should prepare themselves for more interest rate increases than they now expect.