|
Pork prices forecast to soar as deaths from disease expected to reach 130m
|
|
 U.S. stocks close mostly higher Monday as investors face a big week for corporate quarterly results and economic data.
|
|
Content creators share tips to help marketing pros build a brand that connects with an audience.
|
|
 Chief Executive Elon
Musk said Tesla Inc robotaxis with no human drivers
would be available in some U.S. markets next year, continuing a
habit of bold pronouncements that have excited many investors
while often missing deadlines.
|
RELATED ARTICLES | | |
|
On a lackluster day for Wall Street, Kimberly-Clark posted a profit surprise, but Intuitive Surgical fell after reporting earnings.
|
|
Last year, Walt Disney Co. Chief Executive Bob Iger made $65.6 million — about 1,424 times the median Disney employee's salary, an amount that heiress Abigail Disney is calling "insane."
|
|
‘We're seeing crazy prices for gasoline out here in California,' said Karl Brauer, economist for Kelley Blue Book.
|
RELATED ARTICLES | | |
|
Lower Mortgage Rates No Relief for US Home Sales WOLF STREETSales of the cheapest and swankiest homes are tanking, but for very different reasons CNBCExisting-home sales slide nearly 5% in March as the on-again-off-again housing market retreats MarketWatchU.S. existing home sales fall more than expected in March ReutersHome sales fall 4.9 percent in slow start to spring buying season Boston.comView full coverage on Google News
|
|
Under her plan, borrowers with a household income under $100,000 would have $50,000 of their student debt cancelled.
|
|
 Tesla Inc revealed its self-driving plans during an investor day on Monday, with Chief Executive Elon Musk predicting the launch of an autonomous robotaxi service next year in some U.S. markets.
|
|
Monday's top personal finance stories
|
|
Hopefully there's a simple solution here that won't send Samsung engineers completely back to the drawing board. We need flexible display device technology to advance and mature.
|
|
Treasury prices fall Monday, lifting yields, as the Trump administration says it will end waivers for countries importing Iranian oil, reports of which had driven crude prices higher.
|
RELATED ARTICLES | | |
|
Crude oil jumped almost 3% on
Monday after the United States said it will take more steps to
choke off Iranian oil exports, while U.S. equities were little
changed as Wall Street braced for corporate results in a busy
earnings week.
|
|
 Scientific Games Corp. subsidiary SciPlay Corp. has set terms of its initial public offering, in which the publisher of digital games on mobile platforms expects to raise up to $352 million. The company said it is offering 22 million class A shares to the public, with the IPO expected to price between $14 and $16. The stock is expected to list on the Nasdaq under the ticker symbol "SCPL." SciPlay said there will be 22 million Class A shares outstanding after the IPO, or 25.3 million shares if the underwriters exercise all options to buy additional shares, and 104.4 million class B shares outstanding. Class A shares entitle holders to 1 vote and class B shares provide 10 votes. The company is looking to go public at a time the Renaissance IPO ETF has climbed 15.6% over the past three months and the S&P 500 has rallied 10.3%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
RELATED ARTICLES | | |
|
Asian shares slipped on Monday,
weighed down by underperforming Chinese stocks, while oil prices
rallied on news the United States is likely to ask all importers
of Iranian oil to end their purchases or face sanctions.
|
|
PG&E Corp. on Monday settled a dispute with an activist investor by restructuring its board to include another director with utility experience, and adding a safety specialist to advise its chief executive.
|
|
Before the humble straw, America had a long history of banning plastic packaging.
|
|
Tesla Inc. stock falls as the company's investor day, solely focused on its autonomous driving capabilities, gets under way and the car maker unveils hardware dedicated to driverless cars.
|
|
* Iran says in touch with partners on waivers
(New throughout, updates prices, market activity and comments
to settlement)
|
|
Tesla Inc. stock held to losses around 3.6% as the company's investor day, solely focused on its autonomous driving capabilities, is under way. Tesla's Peter Bannon, VP of hardware engineering and former Apple Inc. executive, has introduced Tesla's in-house Full Self Driving computer, saying that the company set off to work on it three years ago after it realized there was nothing specifically designed for autonomous driving. The computer will fit behind a Tesla vehicle's glove box and hold two independent chips which will run only Tesla-encrypted software. Chief Executive Elon Musk said that "any part of this could fail and the car (would keep on) driving." Musk later on called the computer the "best in the world" and that all Tesla cars have everything necessary for self-driving currently, minus the software.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
Luckin Coffee Inc., a China-based coffee chain, has filed for a U.S. IPO. Luckin is the second-largest coffee brand in that country, according to the filing, with 2,370 company-owned stores. The company is focused on "pick-up" locations, which have limited seating but are located in high-traffic areas like office buildings and college campuses. Nearly all of the company's stores (91.3%) were pick-up locations as of March 31,2019. "We leverage big data analytics and AI to analyze our customer behavior and transaction data, which enables us to continuously enhance our products and services, implement dynamic pricing and improve customer retention," the company says. Starbucks Coffee Corp. has high hopes for its China expansion, with Luckin Coffee serving as one of its biggest challenges in the region. Luckin, which had total revenue of $125.3 million in 2018, plans to trade on the Nasdaq with the symbol "LK." Starbucks, which is scheduled to report fiscal second-quarter earnings on Thursday, had $24.7 billion in global sales last year.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
* Saudi Arabia likely to boost output - JBC Energy
(Updates prices, market activity)
|
RELATED ARTICLES | | |
|
American Eagle, Ikea, Rebag and Rent The Runway allow shoppers to test drive their wares.
|
RELATED ARTICLES | | |
|
Names on the move ahead of the open.
|
|
Private Label