FILE PHOTO: People count money at Macy’s Herald Square store during the early opening of the Black Friday sales in the Manhattan borough of New York, November 26, 2015. REUTERS/Andrew
Futures fall as tech stocks slide again
(Reuters) – U.S. stock index futures retreated on Friday as lofty tech stocks bled further amid elevated U.S. bond yields and prospects of a spike in inflation.FILE PHOTO: A statue
Investment funds increase pressure on Danone CEO
FILE PHOTO: Emmanuel Faber, Chief Executive of French food group Danone, poses before a news conference to present the company’s 2019 annual results in Paris, France, February 26, 2020. REUTERS/Christian
Asian markets roiled as bond rout turns 'lethal'
SYDNEY/MIAMI (Reuters) – Asian stocks skidded to one-month lows on Friday as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses suffered
AMP shares surge on Ares bid to buy 60% of unit's private markets business
(Reuters) – U.S.-based Ares Management plans to buy 60% of the private markets business of AMP Ltd’s asset management arm for A$1.35 billion ($1.06 billion), the pair said on Friday,
DoorDash sees orders slowing on vaccine rollouts; shares tumble
FILE PHOTO: A DoorDash sign is pictured on a restaurant on the day they hold their IPO in the Manhattan borough of New York City, New York, U.S., December 9,
DoorDash sees food orders declining in second half; shares fall 12%
FILE PHOTO: A DoorDash sign is pictured on a restaurant on the day they hold their IPO in the Manhattan borough of New York City, New York, U.S., December 9,
DoorDash losses surge in first earnings report since going public.
By Kellen Browning In its first earnings report as a public company, DoorDash showed how it has benefited from the pandemic even as it hinted that difficulties might lie ahead.
Wall Street tumbles on tech selloff as bond yields climb
(Reuters) – Wall Street’s main indexes dropped on Thursday, with the Nasdaq on track for its worst day in four months, as technology-related stocks remained under pressure following a rise
Costco will raise its minimum wage to $16 an hour, its C.E.O. says.
The chief executive of Costco waded into the political debate over the federal minimum wage, testifying at a Senate hearing on Thursday that the retailer was raising its starting pay