The U.S. Senate on Thursday voted 80-15 in favor of a bill that would prevent a rail strike by imposing a deal on freight-rail workers, after rejecting a separate House-passed Read more
Tag: Paper Mills
‘A rail shutdown would devastate our economy’: Biden urges Congress to head off potential strike
OMAHA, Neb. — President Joe Biden on Monday asked Congress to intervene and block a railroad strike before next month’s deadline in the stalled contract talks, following pressure by business Read more
Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.
Markets probably didn’t need another more brick on the 2022 wall of worries, but got one anyway as FTX, the world’s third largest crypto exchange, is teetering on a collapse Read more
Unity Software stock drops as revenue fall short of Wall Street expectations
Unity Software Inc. shares fell in the extended session Wednesday after the company produced on-par results but a little less revenue than Wall Street would have liked. Unity U, -9.51% Read more
Applovin stock falls 5% following earnings miss, another outlook cut
Applovin Inc. shares fell in the extended session Wednesday after the app-monetization company’s results and outlook cut disappointed Wall Street. Applovin APP, -9.49% shares fell more than 6% after hours, Read more
The end of the pandemic earnings boom is in sight as holiday forecasts disappoint
Large corporations’ seemingly ceaseless profit growth during the COVID-19 pandemic appears to be coming to an end this holiday season, as the post-lockdown rebound grates up against rising prices, recession Read more
CSX, Norfolk Southern stocks sink to near 2-year lows after UBS downgrades, citing a ‘deteriorating’ outlook
Shares of CSX Corp. and Norfolk Southern Corp. both sank toward the lowest levels in nearly two years Tuesday, after UBS analyst Thomas Wadewitz backed away from his long-time bullish Read more
Ralph Lauren looks to boost profit margins after years of restructuring
Ralph Lauren Corp. aims to buy back more stock and boost its profit margins as it benefits from strong consumer demand after years of restructuring. The New York-based luxury retailer on Monday Read more
It’s a great time to scoop up bargain stocks. Here are 21 examples that could make you a lot of money.
Are you a contrarian investor? Sometimes it seems everyone claims to be one, but it isn’t easy, especially after a wipeout such as the one we saw on Sept. 13. Read more
White House says tentative pact has been reached to avoid railway strike
A tentative deal has been reached by the rail companies and unions to avert a strike that could exacerbate inflationary pressure. President Joe Biden and Labor Secretary Marty Walsh, in Read more
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