Category Archives: Business

Dow futures rise 100 elements earlier than financial institution earnings

Dow futures rise 100 elements earlier than financial institution earnings

U.S. stock futures moved higher in overnight trading and pointed to gains at the open on Tuesday, as investors eye earnings reports from some of the nation’s largest banks. Dow futures rose 80 points. The S&P 500 and Nasdaq 100 futures rose 0.3% and 0.4%, respectively. On Monday, the Dow Jones Industrial Average gave up a 500-point…

These Are the Deutsche Financial establishment Executives Accountable for Serving Jeffrey Epstein

These Are the Deutsche Financial establishment Executives Accountable for Serving Jeffrey Epstein

Jeffrey Epstein, the sex criminal and financier, didn’t act alone. Now we know in vivid detail who some of his financial enablers were: executives and bankers at Deutsche Bank.Last week the New York Department of Financial Services laid bare at least some of the financial underpinnings of Mr. Epstein’s sophisticated enterprise. Deutsche Bank agreed to…

Mohawk Industries accused of fabricating gross sales, different violations; inventory falls 8%

Mohawk Industries accused of fabricating gross sales, different violations; inventory falls 8%

Published: July 13, 2020 at 5:44 p.m. ET Shares of Mohawk Industries Inc. MHK, +8.69% fell more than 8% in the extended session Monday after the maker of carpets and other floor covering products said it is being sued for federal securities law violations and it is under a SEC investigation for those alleged violations.…

Ford to Present masks New Bronco After 24 Years Off the Market

Ford to Present masks New Bronco After 24 Years Off the Market

Ford dealers have been asking the company for years to make a rugged off-road vehicle to compete with Jeep’s Wrangler. Finally, they’re getting one. After nearly a decade of plotting its return, Ford on Monday night will unveil a new Bronco—the U.S. auto maker’s latest attempt to carve into a share of Jeep’s dominant position…

SoftBank ready to cancel offers as shares wing to twenty-300 and sixty 5 days extreme

SoftBank ready to cancel offers as shares wing to twenty-300 and sixty 5 days extreme

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Choose your subscription Trial Not sure which package to choose?Try full access for 4 weeks For 4 weeks receive unlimited Premium digital access to the FT’s trusted,…

Hand sanitizer rob: FDA expands record of ‘poisonous’ sanitizers to steer certain of over methanol chance

Hand sanitizer rob: FDA expands record of ‘poisonous’ sanitizers to steer certain of over methanol chance

by: Alexa Mae Asperin and Nexstar Media Wire Posted: Jul 13, 2020 / 05:02 PM EDT / Updated: Jul 13, 2020 / 05:08 PM EDT Hand sanitizer (Photo by FREDERIC J. BROWN/AFP via Getty Images) SAN FRANCISCO (KRON) — The Food and Drug Administration has added dozens more hand sanitizers to a list of products…

SoftBank Explores Sale or IPO for Chip Dressmaker Arm Holdings

SoftBank Explores Sale or IPO for Chip Dressmaker Arm Holdings

SoftBank Group Corp. is exploring alternatives including a full or partial sale or public offering of British chip designer Arm Holdings, which the Japanese conglomerate bought four years ago for $32 billion, according to people familiar with the matter. The review, on which Goldman Sachs Group Inc. is advising, is at an early stage, the…

‘It is the awe factor.’ English pub proprietor installs electrical fence to put prospects at a protected distance

‘It is the awe factor.’ English pub proprietor installs electrical fence to put prospects at a protected distance

(CNN)Businesses have had to embrace social distancing during the pandemic, and perhaps none more so than an English pub which installed an electric fence to keep thirsty customers at bay.Jonny McFadden, who runs the Star Inn in St Just, Cornwall, told CNN that he installed the electric fence in front of the pub’s bar for…

Big banks kick off earnings season on Tuesday — right here’s what to attend for

Big banks kick off earnings season on Tuesday — right here’s what to attend for

On Tuesday, three of the largest banks in the U.S. — JPMorgan Chase, Wells Fargo and Citi — kick off earnings season when they report their quarterly results. Moody’s Jeffrey Berg expects financials to report “varied, and in some instances, sharp declines in earnings” due to coronavirus and collapsing oil prices. Berg joins The Final…

Pfizer and BioNTech Get “Rapid Show display” Designation for two COVID-19 Vaccines

Pfizer and BioNTech Get “Rapid Show display” Designation for two COVID-19 Vaccines

The companies expect to manufacture 100 million doses by the end of 2021. German biotech BioNTech SE (NASDAQ:BNTX) and its partner Pfizer (NYSE:PFE) announced that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation to two of four vaccines the companies are developing for SARS-CoV-2, the virus that causes COVID-19. The Fast…