Feb 24, 2020
Why Today? After Weeks of Holding Firm, Stocks Finally Sell OffA lot of traders were sure last week that Apple Inc.’s China-related sales warning would hammer global markets. It didn’t. Now, a week later, with the bottom finally falling out, it’s reasonable to ask why...
Feb 23, 2020
Millions of Chinese firms face collapse if banks don’t act fastBrigita, a director at one of China’s largest car dealers, is running out of options. Her firm’s 100 outlets have been closed for about a month because of the coronavirus, cash reserves are dwindling and...
Feb 18, 2020
America’s monopoly problem, explained by your internet billWe should be asking the government and corporate America how we got here. Instead, we just keep handing over our money.Read in Vox: https://apple.news/AiwbvdiX_TMmPLQOL5A1WiAShared from Apple News
Feb 18, 2020
Exclude these five megacaps, and earnings are down in Q4 seekingalpha.com/news/3542644
Feb 18, 2020
HSBC and Glencore drag London stocks into the redA sharp fall in the FTSE 100’s most heavily weighted stock — HSBC — dragged the U.K. index deep into the red on TuesdayRead in MarketWatch: https://apple.news/ArDVab8xSRSOFjITexir4VgShared from Apple News
Feb 18, 2020
HSBC to cut 35,000 jobs and shed $100 billion of assetsHSBC is to cut about 35,000 jobs and shed $100 billion of assets as part of a dramatic overhaul to revive its fortunes and boost returns to investors. The group’s finance chief, Ewen Stevenson, said that this...