Staff shortages
As the Omicron strain continues to spread rapidly across New York City, an increase in COVID-19 cases among city transit workers is disrupting underground, bus and ferry service.
The MTA announced its plans to cut services, calling ...
Currency values
The euro fell ahead of Wednesday's holiday and the dollar dropped the yen to a one-month low as investors ignored rising demand for Omicron in another bout of risk appetite.
Risk-sensitive currencies such as the Australian dollar ro...
COVID in New York
The US company Apple has restricted visits to its shops in New York due to the spread of the Omicron coronavirus strain. This was reported by CNBC, citing the company's data.
The company has temporari...
The United States is running out of money to fund the Biden administration’s goal of vaccinating millions of people across the world against COVID-19 by the middle of next year, according to a new report.
In September, Whi...
Closing at a high
Shares of SMART Global Holdings Inc SGH closed 1.7% below its 52-week high of $67.86 today, bringing the company's market capitalisation to $1 billion.
The stock is now up 77.3% YTD, 88.0% in the last 12 months and 396.1% in the l...
New Year in New York City
New Year's Eve celebrations in New York City's main Times Square will be held under heightened health restrictions amid the spread of the Omicron coronavirus strain. A statement to that effect was published on Thursday on t...
Market on holiday
US stock indices ended the shortened week with an increase.
The stock and bond markets will be closed on Friday, Christmas Eve.
There will also be no futures trading on Friday. Trading will resume Sunday at 6 p.m. ET.
Asian stoc...
Tesla shakes out
Tesla (NASDAQ: TSLA) shares are falling as CEO Elon Musk has slowly worked to offload the 10% of his shares he publicly said he was targeting. The stock is down 13.5% over the past month. But the shares rose again on Wednesday morni...
Market analysts and Pfizer stock
Pfizer's (PFE) share price could hit a new high in the coming days as the US FDA is expected to receive approval for its COVID pills as early as today. Market analysts are raising their forecasts for Pfizer shares on...
Sale of advertising division
AT&T (T) will sell its advertising division to Xandr Microsoft (MSFT) for an undisclosed sum. The deal should benefit both companies and is indicative of AT&T's ongoing restructuring...
The company's stock is at a low
Shares of Vericity Inc VERY closed 0.9% above a 52-week low of $6.61 today, bringing the company's market capitalisation to $99 million. The stock is now down 33.4% YTD, 39.4% in the last 12 months and 17.9% in the la...
Help for New York City
New York City Mayor Bill de Blasio appealed to U.S. President Joe Biden on Sunday for urgent aid to the metropolis due to a spike in COVID-19 infections there. The reporting Politico newspaper noted th...
Going public
The Cybersecurity company Zerofox acquired IDX the digital privacy Platform and going public with blank-check L&F Acquisition Corp LNFA.N, said company on Monday.
The pandemic has forced companies to adopt ...
New electric car
Chinese electric vehicle manufacturer Nio (NIO) unveiled its new ET5 sedan, AR glasses and expansion plan for Germany, the Netherlands, Sweden and Denmark in 2022 during 'Nio Day' on 18 D...
Social networks and their stocks
Twitter (NYSE: TWTR) and Weibo (NASDAQ: WB) are often considered comparable social networks. Twitter has made it easy to send short messages, share them using hashtags and follow ce...
COVID outbreak
New York City appears unable to cope with the rising incidence of the omicron strain of coronavirus, even despite some of the toughest restrictions and highest vaccination rates in the United States.
The number of new cases of the vi...
A $2.6 billion purchase
Bottomline Technologies (EPAY), the US financial technology provider, said on Friday that it will be acquired by Thoma Bravo, a software investment firm, for a total consideration of about $2.6 billion.
Upon c...
Финансовые перспективы неутешительны
Акции Adobe (ADBE) в четверг пережили второе худшее падение за десятилетие, поскольку прогноз компании на 2022 год предполагает риски замедления роста. Падение акций Adobe отражает общий спад в секторе производит...
All about Rivian today
Rivian (RIVN) shares fell after the electric car startup released its first financial report as a public company. The losses were higher than analysts had forecast, and Rivian also lowered its production forecast for 2021. Riv...
Business for sale
British science and chemicals company Johnson Matthey Plc. (JMAT.L) said it had agreed to sell its healthcare business to Altaris Capital Partners, an investment firm focused exclusively on the healthcare industry, for an enterpris...
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