Month : August 2022
PayPal jumps as Elliott Management says it has a $2 billion holding
PayPal stock has been cut in half in 2022, but it’s getting a vote of confidence from hedge fund Elliott Management, which is also a...
Bain barred from UK state contracts over ‘grave misconduct’ in S Africa
Britain becomes first western country to impose penalties on consultant for role in Zuma scandal...
How These Companies Are Taking Over Car Dealerships
Car dealerships have been mom and pop businesses for much of their existence. But the industry has been slowly consolidating. Six publicly traded dealership groups...
More stores are opening than closing — despite recession fears
Retailers in the U.S. have announced 4,432 store openings so far this year, compared with 1,954 store closings, according to data from Coresight Research....
Pelosi arrives in Taiwan as China ratchets up military activity
Beijing accuses House Speaker of stirring up trouble with highest-profile US visit in 25 years...
Uber reports another big loss but beats on revenue, shares pop 13%
Uber reported a second quarter loss on Tuesday but beat analyst estimates for revenue....
Chinese fighter jets fly close to Taiwan ahead of Pelosi visit
Taipei and Washington braced for prospect of violent reaction after Beijing warns it will ‘not sit by idly’...
China shares down more than 2%, Asia markets drop as geopolitical tensions rise over Pelosi visit
Local media reports citing unnamed sources said Pelosi would go ahead with her visit to Taiwan, a self-ruled island that China sees as a runaway...
