Image Image Image Image Image Image Image Image Image Image Image Image

| June 24, 2018

Scroll to top


Lifted 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

Wells Fargo will need a formal vote from the Federal Reserve before growth restrictions are lifted

May 11, 2018 |

Wells Fargo & Co. will have to receive formal approval in a vote taken by the Federal Reserve Board of Governors before its growth restriction is lifted, Fed Chairman Jerome H. Powell has decided — a move that could cut into the bank’s profits.

Powell disclosed his determination in a letter Thursday…

L.A. Times – Business

Olympic Doping Bans Lifted for 28 Russians

February 2, 2018 |

A sports tribunal overturned the Olympic doping bans of 28 Russian athletes, a boon for Russia a little over a week before the start of the Winter Olympics where the its team is banned for an alleged state-sponsored doping scheme. What’s News Europe

Stocks open broadly higher; some are lifted by deal news

November 28, 2017 |

Stocks opened broadly higher on Wall Street on Tuesday, and several companies were moving on deal news.

Buffalo Wild Wings jumped 6.3% after agreeing to be acquired by Arby’s. Emerson Electric was up 2.6% after withdrawing its bid for Rockwell Automation.

RV maker Thor Industries soared 12.7% after…

L.A. Times – Business

Stocks end higher, lifted by Wal-Mart and airlines

October 11, 2017 |

A big jump for Wal-Mart helped the Dow Jones industrial average reach a record high Tuesday, and gains for other retailers and airlines lifted other stock indexes as well.

Airlines rose after American and United issued strong forecasts. Utilities and smaller companies also climbed. Banks edged…

L.A. Times – Business

Stocks rise to new records, lifted by banks and retailers

September 13, 2017 |

U.S. stocks reached record highs Tuesday as banks kept rising and retailers climbed after some encouraging job data.

It was the second straight day that bank stocks made big gains as bond yields pushed higher, which enables banks to charge higher rates on loans. Retailers rose after the Labor Department…

L.A. Times – Business

Stocks rally, lifted by company earnings

April 21, 2017 |

U.S. stocks climbed Thursday as industrial companies, banks, technology and materials firms and energy companies all rallied. A strong day of corporate results left investors feeling better about the economy.

For more than a week, investors have been poring through company earnings for signs the…

L.A. Times – Business

Aaron Hernandez’s Murder Conviction May Be Lifted

April 19, 2017 |

An attorney for Aaron Hernandez says he isn’t convinced his high-profile client committed suicide . Prison officials say the former NFL star hanged himself with a bed sheet, but attorney Jose Baez says he will conduct his own investigation alongside the prison’s because Hernandez didn’t seem remotely suicidal, reports TMZ . Meanwhile,…

2 Big Hurdles Lifted in Arkansas Execution Plan

April 18, 2017 |

State and federal courts lifted the two primary obstacles Arkansas faced in its plan to execute eight inmates before the end of April, but the state backed away from legal efforts to carry out one of the first two lethal injections scheduled Monday night, the AP reports. The decisions from…