Business

Wall Street stocks rise as traders assess future direction of Fed monetary policy

Wall Street stocks rise as traders assess future direction of Fed monetary policy

Wall Street stocks rose on Wednesday as traders awaited details of the Federal Reserve’s early May meeting which may shed further light on the future direction of monetary policy. The S&P 500, which dipped into bear market territory last week during a difficult few months for global equities, rose 0.6 per cent in choppy trading. …

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NRO announces satellite imagery contracts to Maxar, Planet, BlackSky

NRO announces satellite imagery contracts to Maxar, Planet, BlackSky

Maxar collected new satellite imagery of the southern Ukrainian port city of Berdyansk that reveals a Russian Alligator-class landing ship that is burned and partially submerged near one of the ports loading/unloading quays. Maxar Technologies | Getty Images The National Reconnaissance Office on Wednesday announced contracts worth “billions of dollars” over the next decade to …

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Kohl's shareholders vote to keep directors despite activist pressure

Kohl’s stock surges on report bidders are still competing for company amid market volatility

The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s shares surged more than 15% Wednesday, after being briefly halted, on hopes that the retailer could still be bought following a recent volatile market and a recent disappointing earnings …

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Elon Musk Losing Money on Twitter Stock.  He Can Still Buy Twitter — If He Wants.

Elon Musk Losing Money on Twitter Stock. He Can Still Buy Twitter — If He Wants.

Textsize Elon Musk Jim Watson/AFP via Getty Images Elon Musk is sitting on a loss in his Twitter position. The loss is peanuts compared with what’s happened to his Tesla stock. Despite all the red ink, the world’s richest human can still buy Twitter — if he still wants to. Twitter (ticker: TWTR) closed at …

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Last look: The green transition will trigger a new race for natural resources

Opinion: The US solar panel industry is on the verge of collapsing. Here’s how to prevent it

The industry is already in a panic. A recent report by the Solar Energy Industries Association found that 83% of US companies surveyed that use or purchase solar panels are expecting cancellations or delays. And some CEOs worry the investigation could cause the industry to collapse — not entirely surprising given how heavily the US …

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Dick's Sporting Goods (DKS) Q1 2022 earnings top estimates, outlook cut

Dick’s Sporting Goods (DKS) Q1 2022 earnings top estimates, outlook cut

A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Wednesday reported results for its fiscal first quarter that topped Wall Street’s expectations, as shoppers spent money on golf clubs, soccer gear and athletic apparel from brands like Nike …

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Mortgage demand slides further, even as interest rates pull back slightly

Mortgage demand slides further, even as interest rates pull back slightly

A for sale sign is posted in front of a home that is listed for over $1 million on April 29, 2022 in San Francisco, California. Justin Sullivan | Getty Images Mortgage rates turned lower for the second straight week, but it wasn’t enough to increase demand for either new purchase loans or refinances, according …

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Dexcom Stock Plummets On Rumor It Could Acquire Insulet In A 'Transformative' Deal

Dexcom Stock Plummets On Rumor It Could Acquire Insulet In A ‘Transformative’ Deal

Dexcom stock tumbled Tuesday on rumors that it’s in talks to acquire insulin pump-maker Insulet (PODD). X The potential deal, first reported by Bloomberg, would create a behavior in diabetes management. Dexcom (DXCM) makes continuous glucose monitors, or CGMs, that keep tabs on patients’ blood sugar. Insulin pumps can be connected to CGMs to create …

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