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Ten Senate Republicans propose compromise covid relief package, posing challenge for Biden The senators, led by Susan Collins (R-Maine), said they would formally unveil the package on Monday. In a letter to Biden, they requested to meet with him and said they were offering their proposal in recognition of his "calls for unity.".
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Shell targets power trading and hydrogen in climate drive LONDON (Reuters) - Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company sources said.
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How a High-Ranking Nissan Executive Escaped His Own Trap Japanese prosecutors, he wrote in a note, were "seriously considering a criminal charge" against him as part of an investigation that would soon lead to the indictment of Carlos Ghosn, Nissan's larger-than-life leader.
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10 Costly 401(k) Rollover Mistakes To Avoid Now First off, not all assets in your 401(k) can or should be rolled into an IRA. Ignoring this can cause expensive tax problems or lead you to miss some tax minimizing financial planning opportunities. A failed rollover may cause the entire balance to be distributed, ...
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How GameStop And An Army Of Reddit Traders Exposed The Riskiest Market In Decades Hedge funds got cornered in GameStop by online traders and have lost $20 billion. Welcome to the stock market on steroids. Photographer: Tiffany Hagler-Geard/Bloomberg. On Thursday evening Thomas Peterffy, the billionaire head of Interactive Brokers, ...
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Oil Edges Higher With Supply Tightness Countering Virus Comeback Oil edged higher in Asia -- after the first back-to-back weekly declines since October -- as investors weighed continued supply discipline from producers against a worsening short-term demand outlook. Futures in New York traded above $52 a barrel after ...
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GameStop and AMC's Stocks Are on a Tear, but Their Businesses Aren't GameStop is trying to survive an erosion of its business. Photo: carlo allegri/Reuters. A Wall Street Journal Roundup. Updated Jan.
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Exxon, Chevron CEOs discussed merger in early 2020-sources (Reuters) - The chief executives of ExxonMobil Corp and Chevron Corp held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would have been the biggest merger of all time, according to people familiar with the ...
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Markets Look Like They're in a Bubble. What Do Investors Do Now? To many, valuations look stretched as they hover at levels similar to the highflying days of 2000. That said, high valuations alone don't necessarily mean the rally is near its end, investors say.
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GameStop FOMO? 9 Investment Sages Explain Meme Stock Mania by Eliza Haverstock, Chris Helman, Halah Touryalai, Sergei Klebnikov, Matt Schifrin. Despite the Covid-19 crisis, a presidential impeachment and ongoing stimulus angst, the stock of a failing video game retailer took center stage last week. Best known for its ...
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