Market Watch

: Fenway Sports Group sells minority stake in Liverpool to sports investment firm Dynasty Equity

Boston Red Sox and Pittsburgh Penguins owner Fenway Sports Group LLC has sold a minority stake in Premier League club Liverpool to New York-based sports investment firm Dynasty Equity. In a statement,..
Market Watch

: Biden interrupted by climate activist during speech, promises to meet

President Joe Biden on Thursday offered a meeting as he responded to an interruption from a climate activist while giving a speech focused on defending democracy and honoring the late Sen. John McCai…..
Market Watch

Lawrence G. McMillan: Stocks are stuck in the breakdown lane and repairs will take time

The stock market, as measured by the S&P 500 Index SPX, has broken out of its trading range to the downside. The close below 4330 was the catalyst, as we have been saying it would be. The ne…..
Market Watch

Associated Press: Biden puts democracy at center of re-election campaign and labels ‘MAGA movement’ extremist

PHOENIX (AP) President Joe Biden is arguing that there is something dangerous happening in America as he revives his warnings that Donald Trump and his allies represent an existential threat to the c…..
Market Watch

Deep Dive: Dividend Aristocrats may shine again if the Fed causes another bad year for the stock market

Following a painful 2022 for the S&P 500, when the heavily weighted technology and communications sectors led a double-digit decline, this years recovery has been breathtaking. But lately, invest…..
Market Watch

Ryan Cohen becomes GameStop CEO and social media reacts: ‘Changing the paradigm on Wall Street’

Activist investor Ryan Cohen was named GameStop Corp.s CEO on Thursday, sparking celebration from his supporters and fans of the video-game retailer and original meme-stock company on social media.Wh…..
Market Watch

Ams-OSRAM loses a quarter of market value as traders balk at $2.1 billion fundraising

Ams-OSRAM lost more than a quarter of its market value on Thursday after the heavily-indebted electronics groups set out plans to raise more than €2 billion ($2.1 billion) as it strives to bolster its..
Market Watch

: Chico’s FAS to be taken private by Sycamore Partners in $1 billion deal

Chico’s FAS Inc. CHS said Thursday it has agreed to be taken private by private-equity firm Sycamore Partners for $1 billion. Shareholders will receive $7.60 a share in cash for each Chico’s share own..
Market Watch

: Exxon’s stock poised for record high as oil futures try to claw back to $100 a barrel

Shares of Exxon Mobil Corp. XOM rallied nearly 3% on Wednesday and were on track for a record close, according to data going back to November 1972. It would be a fourth straight sessions of gains for ..
Market Watch

UAW could expand strike again on Friday

United Auto Workers President Shawn Fain is scheduled to address union members at 10 a.m. Eastern time on Friday and could announce new strike targets if theres no progress in the negotiations, the u…..
Market Watch

‘Extreme fear’ has returned to the U.S. stock market

U.S. investors are in the grip of extreme fear for the first time in six months, according to CNNs widely quoted Fear and Greed index. The index, which uses a handful of inputs including the level of…..
Market Watch

: Clorox shares are on their biggest losing streak since 2009 following cyberattack

Shares of Clorox Co. CLX are on pace for their longest losing streak since 2009, after the cleaning-products maker this month said the fallout from a cybersecurity attack would have a “material” impac..
Market Watch

Earnings Results: Paychex’s stock rallies after profit beats expectations, full-year outlook nudged higher

Shares of Paychex Inc. jumped 3.8% in premarket trading Wednesday, after the human resources services company reported fiscal first-quarter profit and revenue that rose above expectations, and nudged ..
Market Watch

Durable-goods orders climb on higher defense spending

The numbers: Orders for long-lasting goods rose a stronger-than-expected 0.2% in August, but the increase mostly stemmed from higher defense spending as the U.S. sought to replenish military hardware…..
Market Watch

Amgen discloses more than $400 million stake in recent IPO Neumora Therapeutics

Amgen Inc.s disclosure Wednesday of a large stake in Neumora Therapeutics Inc. indicates that the value of its investment in the biopharmaceutical company, which recently went public, has tripled.Amg…..
Market Watch

: Elon Musk says UAW demands will ‘bankrupt’ auto makers ‘in the fast lane’

Elon Musk said demands by the United Auto Workers could quickly bankrupt the big auto makers as the strike by the UAW drew unprecedented support from President Joe Biden.Musk, the chief executive of …..
Market Watch

Europe Markets: German bond yields near 12-year high as ECB official says rates will need to stay at record for some time

Germanys benchmark borrowing costs moved near to their highest in more than 12 years early Tuesday after a European Central Bank official stressed interest rates would remain at record levels for an …..
Market Watch

: Best Buy to start holiday savings events in October with 2-day flash sale, partnerships with Microsoft and Samsung

Best Buy Co. Inc. BBY said Tuesday it’s planning to start its annual holiday savings events in October this year, leading up to Black Friday in November. The electronics retailer said loyalty program ..
Market Watch

: Bausch Health shares fall after CFO resignation

Bausch Health Cos. Inc. BHC shares fell nearly 3% premarket on Tuesday after the company announced late Monday that chief financial officer Tom Vadaketh has resigned effective Oct. 13 to pursue anothe..
Market Watch

Outside the Box: Oil stocks could outshine clean-energy shares under this climate change scenario

Its no secret that governments and regulators have been ramping up enforcement of greenhouse-gas regulation. But heres something counterintuitive: Shares of some oil and energy companies players in s…..

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Intersting Reads

What the world’s most powerful laser could do for the UK

In six years time, the UK will house what’s set to become the world’s most powerful laser. According to its developers, it will be “a million, billion, billion times brighter” than the brightest dayli..

Convicted felon suspected of killing Baltimore tech CEO has been arrested, police say

A convicted felon suspected of killing tech executive Pava LaPere in Baltimore this week has been arrested, ending a dayslong manhunt across the city, police said early Thursday. Jason Dean Billings…..
Fox News

Newsom says Biden's age is no problem: 'I want a seasoned pro'

California Democratic Gov. Gavin Newsom defended President Biden's ability to serve in office amid growing concerns from Democrats that the president is too old to run for re-election. In an intervi…..