Friday, September 18, 2020
The coronavirus pandemic may not damage the global economy as badly as previously feared, an influential group says. The Organization for Economic Cooperation and Development said Wednesday that it now expects worldwide gross domestic product — a key measure of...
Apple, Amazon and Nvidia get all the attention on Wall Street, but those alluring tech titans have been left in the dust this year by a 105-year-old air conditioning company. Carrier Global's stock has been on fire since it broke...
High-flying MCR, which launched the retro-styled TWA Hotel at John F. Kennedy Airport, has added another trophy to its lodging portfolio: The fabled Royalton Hotel at 44 W. 44th St., which it snatched for $42 million — a 24...
Signs mounted all summer that the meteoric rise in the stock market was unsustainable. Bullish investors drove Tesla's market value roughly equal to that of JPMorgan Chase (JPM) and Citigroup (C) -- combined. Apple's (AAPL) $2 trillion market cap recently...
Eastman Kodak, the erstwhile photography leader that lost its way in the digital age, wants to reinvent itself as a drug company in the era of Covid-19. And one top hedge fund seems to like the strategy. D.E. Shaw, a...
Trading on New Zealand's financial markets has finally resumed after four straight days of disruption caused by cybercriminals. Trading began again at 1 p.m. local time Friday (9 p.m. ET Thursday). New Zealand's Exchange (NZX) initially hoped to resume earlier,...
Facebook says its ability to serve ads to iPhone users will be significantly curtailed by Apple's latest software update. Apple (AAPL)'s new operating system, iOS 14, places additional restrictions on user data that make it harder to serve them with...
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. Dividends plummeted between April and June as coronavirus pandemic forced companies to conserve cash — a sign...
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. Top stocks like Apple (AAPL) and Google parent Alphabet (GOOGL) have staged dramatic comebacks this year. Even...
Businesses will need to put in place new safety measures to combat the spread of the coronavirus pandemic. That will change how companies, employees, customers and the government interact with one another. And it will cost the private sector...

RECENT POSTS