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| May 22, 2018

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Leaps Archives -

Stocks edge up, lifted by retailers; Macy’s leaps

May 16, 2018 |

U.S. stock indexes edged up in early trading Wednesday, with Macy’s leading a retail-sector rally. Food and beverage stocks and other consumer goods companies also posted gains. Energy stocks lagged as crude oil prices declined. Bond prices were little changed.

KEEPING SCORE: The Standard & Poor’s…

L.A. Times – Business

Spotify’s non-IPO: Stock leaps from reference price, valuing the company at $28 billion

April 3, 2018 |

Spotify Technology SA’s stock jumped from its reference price Tuesday after it began trading through a direct listing.

The streaming-music company skipped the traditional initial public offering process, instead choosing a route rarely taken by large, established companies. The stock was trading…

L.A. Times – Business

Tom Cruise Leaps to Building, Doesn’t Quite Make It

August 13, 2017 |

A video taken on the set of Mission: Impossible 6 shows Tom Cruise limping after performing a stunt where he jumps between buildings. The video was published Sunday by TMZ . It captures a tethered Cruise leaping to a building, hitting its side, and then crawling over the top and running…

Woman in Murder-for-Hire Plot Leaps to Her Death

March 28, 2017 |

A woman accused of in a murder-for-hire plot committed suicide Monday, police confirm. Houston veterinarian Valerie Busick McDaniel and boyfriend Leon Jacob were accused of hiring a hitman to kill their exes; what they didn’t realize is that “hitman” was actually an undercover police officer. Both were charged with soliciting…

Amazon Worker Sends Email, Leaps From Company Building

November 29, 2016 |

An Amazon employee emailed hundreds of fellow Amazonians—including CEO Jeff Bezos—before leaping from a building at company headquarters in Seattle Monday morning. The man survived the jump, which police believe was a suicide attempt. A source tells Bloomberg that the man, one of 20,000 workers in multiple…

Earnings reports push stocks up; Netflix leaps 19%

October 18, 2016 |

U.S. stocks moved higher in early trading Tuesday as investors welcomed strong earnings reports from Netflix, UnitedHealth Group and other companies. Healthcare, financial and consumer-focused companies were among the big gainers, while telecom and utilities stocks lagged behind the overall market.

L.A. Times – Business

Man Handed 13-Year Sentence Leaps to His Death

August 28, 2016 |

Sudden death apparently sounded better to Jason Binkiewicz than 13 years in prison. The 42-year-old Dillonvale, Ohio, man had in July been found guilty of attempted murder and felony assault after shooting a man in the face Nov. 27, 2015; he was handed a 13-year sentence Friday morning, reports WTOV…

China e-commerce giant Alibaba’s quarterly revenue leaps 39%

May 5, 2016 |

Alibaba founder Jack Ma, at the New York Stock Exchange in September 2014Chinese e-commerce giant Alibaba's revenue surged 39 percent year-on-year in the first three months of 2016, it said Thursday, its fastest growth in the last four quarters. Revenue hit 24.18 billion yuan ($ 3.75 billion) for the three months to March, it said in its quarterly results announcement, defying both China's economic slowdown and increasing competition in the world's biggest e-commerce market. "Our excellent results this quarter reflect the unique strength of our core e-commerce business despite challenging economic conditions," Alibaba's chief financial officer Maggie Wu said in the statement.

Economy News Headlines – Yahoo! News

Daredevil Leaps Off of the EU’s Tallest Building, Dodges Cops

March 13, 2016 |

Witnesses say a BASE jumper has safely parachuted from the European Union’s tallest building, the Shard in London, and evaded police by jumping on the subway. Passers-by captured the stunt on social media Saturday, reports the AP . Video footage and photographs showed the man with green chute deployed floating from…

The Yuan Leaps as Beijing Adjusts

February 16, 2016 |

Beijing is keeping its options open on the yuan, swinging between its pledge to attach its value to the currencies of its major trading partners and, when that works against it, repegging it to the dollar. What’s News Asia