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Market News

March 12, 2021
Lender Seizes NYC Private School’s Classrooms After Debt Talks
The Blue School in Manhattan, a private academy that missed a debt payment in September after the pandemic cut enrollment, is losing some of its real...
March 12, 2021
U.S. Treasury Begins Sending First Batch of $1,400 Payments
The U.S. government is sending the first $1,400 stimulus payments under President Joe Biden’s pandemic-relief package out on Friday, with some...
March 12, 2021
Schumer, Gillibrand Call on N.Y. Governor Cuomo to Resign
U.S. Senators Chuck Schumer and Kirsten Gillibrand called on New York Governor Andrew Cuomo to resign after six sexual-harassment allegations.
March 12, 2021
Carl Icahn to Cut Occidental Stake While Staying on Its Board
Billionaire investor Carl Icahn, the third-largest shareholder in Occidental Petroleum Corp., plans to cut his $2.71 billion stake by up to one-third...
March 12, 2021
McConnell Backs New Process to Fill Kentucky Senate Vacancy
Frankfort, Ky. (AP) -- Mitch McConnell has given his blessing to legislation to change how a vacant U.S. Senate seat would be filled in his home...
March 12, 2021
Real Estate Board of NY Sued by Compass Over Market Control
Compass Inc. sued the Real Estate Board of New York alleging that the trade group conspired with traditional brokerages to thwart competition from...
March 12, 2021
Crypto Giant Binance Weighs Registering With CFTC, Baucus Says
Binance Holdings Ltd., the operator of the largest cryptocurrency exchange, is weighing whether to register with the U.S.’s futures regulator,...
March 12, 2021
Brazil Passes India for Second-Highest Covid Case Toll in World
Brazil surpassed India in coronavirus infections, retaking the post of second hardest-hit country in the world, as it rushes to contain the spread of...
March 12, 2021
Kore Wireless to Go Public Via Cerberus SPAC Deal
Kore Wireless Group Inc. has agreed to go public through a blank-check company backed by private equity firm Cerberus Capital Management.
March 12, 2021
Peloton Basks in Celebrity Love While at Bottom of Nasdaq 100
In the often-snarky jargon of cyclists, Peloton Interactive Inc. has gone from the lead to the lanterne rouge.