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Market News
March 6, 2021
Bezos Gets Fraction of Legal Fees from Girlfriend’s Brother
Jeff Bezos wanted $1.7 million in legal fees from his girlfriend’s brother for successfully fighting off his defamation lawsuit. He got much less.
March 6, 2021
Texas Bill Would Require Power Plants to Prepare for Cold
Texas state lawmakers introduced a series of bills designed to address last month’s energy crisis, including one that would require power plants to...
March 6, 2021
Big Trade in Oshkosh Shares Before Postal Award Spurs Questions
A lawmaker is calling for an investigation of a $54.2 million, after-hours purchase of Oshkosh Corp. stock the day before the company won a...
March 6, 2021
Yellen Plays Down Inflation Fears Amid Surge in Treasury Yields
Treasury Secretary Janet Yellen played down any concern that the recent surge in U.S. government-bond yields reflects expectations for an outsized...
March 6, 2021
Chinese Investors Turn to Bank Stocks as Market Darlings Plunge
China’s most-shunned sector is getting a rare moment in the sun as investors seek shelter from a rout in the market’s darlings.
March 5, 2021
AMC CEO Pay Rose to $21 Million in 2020 as Covid Ravaged Cinemas
AMC Entertainment Holdings Inc. head Adam Aron saw his compensation more than double to $20.9 million in 2020, even as Covid-19 decimated the...
March 5, 2021
Hyperinflation Pushes Venezuela to Print 1,000,000-Bolivar Bills
Venezuela said it will introduce new large-denomination bolivar notes as hyperinflation renders most bills worthless, forcing citizens to turn to the...
March 5, 2021
Cuomo Told By New York AG to Save Documents For Harassment Probe
New York Governor Andrew Cuomo was asked by the state’s attorney general, Letitia James, to preserve all records and communications that could be...
March 5, 2021
Ikea Rushes to Make Up Lost Time on India Expansion After Delays
Furniture giant Ikea is accelerating its India expansion after a nationwide pandemic lockdown last year delayed the construction and opening of new...
March 5, 2021