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| June 18, 2019

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Wall Archives -

Wall Street dads find parental leave easier to get than to take

June 17, 2019 |

When JPMorgan Chase & Co. agreed to pay a landmark $ 5 million to settle a discrimination claim from a new dad, it looked like a turning point for Wall Street parents. Men who work for the biggest U.S. bank can take up to 16 weeks of parental leave, the bank emphasized, and said it would do better…

L.A. Times – Business

Uber posts narrower Q1 loss than Wall Street expects as bookings, revenue soar

May 30, 2019 |

Uber posts narrower Q1 loss than Wall Street expects as bookings, revenue soarUber (UBER) is likely years away from profitability, but analysts say its fast-growing food delivery service remains a strong asset for the company.

Yahoo News – Latest News & Headlines

Stocks open higher on Wall Street following two days of losses

May 30, 2019 |

Stocks are edging higher in early trading on Wall Street following two days of losses.

Technology companies and banks helped pull the market higher early Thursday. Chipmaker Intel rose 1.6%, and Citigroup added 1.5%

Dollar General jumped 5.9% after posting earnings and revenue for the latest quarter…

L.A. Times – Business

Stocks open lower on Wall Street as investors move into safer bonds

May 29, 2019 |

Stocks are getting off to a weak start on Wall Street led by drops in technology and health care companies.

Chipmaker Nvidia slumped 2.2% in early trading Wednesday and drugmaker Bristol-Myers Squibb gave up 1.6%.

Canada Goose Holdings, which makes high-end winter coats, plummeted 21.3% after giving…

L.A. Times – Business

They Didn’t Raise $1B. They Are Building a Wall Anyway

May 29, 2019 |

In December, a “We the People Will Build the Wall” campaign launched on GoFundMe with a $ 1 billion goal. It didn’t raise anywhere close to that, but roughly a third of the nearly $ 22 million a nonprofit subsequently ended up getting is now being used to build a contentious stretch…

Stocks Close Lower on Wall Street

May 22, 2019 |

Stocks are closing lower on Wall Street Wednesday as energy companies and retailers bear the brunt of the declines, the AP reports. Lowe’s and Nordstrom were among the biggest decliners in the S&P 500 after the companies reported quarterly results that fell short of Wall Street’s expectations. Target was a…

Tech Rebound Powers Wall Street Gains

May 21, 2019 |

Stocks are closing higher on Wall Street Tuesday as technology companies lead solid gains across the market, the AP reports. Chipmakers rallied after the US government issued a 90-day grace period on its order to restrict US firms from selling to Chinese telecom gear maker Huawei. Micron Technology rose 2….

Wall St. lower as tech stocks sell-off on Huawei fallout worries

May 20, 2019 |

Wall St. lower as tech stocks sell-off on Huawei fallout worriesApple Inc slumped 3.3%, weighing the most on the three main indexes and driving down the S&P 500 technology sector 1.27%, the biggest drop among the six S&P sectors trading lower. U.S. suppliers of Huawei, including Qualcomm, Micron Technology and Broadcom Inc, fell between 3% and 5%, while the Philadelphia Semiconductor Index slid 2.9% to its lowest level in over two months. Mobile phone parts maker Lumentum Holdings Inc said it would halt shipments to Huawei and cut its quarterly revenue expectations, driving its shares down 2.5%.

Yahoo News – Latest News & Headlines

Wall Street focuses its blame for Uber’s price drop on Morgan Stanley

May 15, 2019 |

Morgan Stanley nabbed the biggest U.S. initial public offering of the past five years. Now it gets to field the second-guessing after Uber Technologies Inc. tumbled 18% in its first two days of trading.

Across Wall Street, questions are flying: Why did bankers including Morgan Stanley’s suggest…

L.A. Times – Business

900-pound Virginia man to be transported to court, possibly after officials cut out his wall: report

May 13, 2019 |

In order to transport a 900-pound Virginia man to court, a federal judge has approved a plan that could involve cutting out a wall of the man’s home.
FOX News