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Market News
October 27, 2021
Samsung Tops Profit Estimates After Chip Crunch Lifts Prices
Samsung Electronics Co. third-quarter profit exceeded analysts’ estimates after a prolonged semiconductor shortage boosted prices of memory and...
October 27, 2021
GlobalFoundries, Mubadala Raise $2.6 Billion in Top-of-Range IPO
GlobalFoundries Inc. and major shareholder Mubadala Investment Co. raised almost $2.6 billion in an initial public offering, pricing the...
October 27, 2021
NYC Police Union Fails to Get Judge to Block Vaccine Mandate
New York City’s largest police union failed to persuade a state court judge to block Mayor Bill de Blasio’s vaccine mandate from taking effect...
October 27, 2021
Facebook Employees Told to Preserve Documents Amid Scrutiny
Facebook Inc. has told employees to preserve company documents as the social media giant disclosed it’s coming under scrutiny over allegations...
October 27, 2021
Letitia James Will Run for New York Governor: AP
New York (AP) -- New York Attorney General Letitia James plans to run for governor, according to three people directly familiar with her plans who...
October 27, 2021
Australia’s Biggest Bank Now Sees First RBA Hike in November ‘22
Commonwealth Bank of Australia brought forward its forecast for the Reserve Bank’s first interest-rate increase by six months to November 2022...
October 27, 2021
Markets Face an Even Bigger Inflation Test Next Year, Janus Says
Forget the goods supply-chain crisis threatening global risk assets: the real test comes next year when a service-sector boom drives labor costs...
October 27, 2021
Singapore Sees ‘Unusual Surge’; California Warns: Virus Update
Singapore is investigating an “unusual surge” of infections after daily cases jumped to a record 5,324.
October 27, 2021
Trump Dangles Virginia Visit Ahead of Next Week’s Governor Election
Former President Donald Trump teased the possibility that he would campaign for Glenn Youngkin’s Virginia gubernatorial campaign, less than 24...
October 27, 2021