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Market News

October 5, 2021
Hertz Names Onetime Ford Motor Head as Interim CEO
Hertz is tapping a familiar face to lead its turnaround by naming Mark Fields, a former Ford Motor Co. chief executive officer, as its interim CEO.
October 5, 2021
EU Panel May Start Accelerated Review of Merck’s Covid Pill
A European Union advisory committee will consider starting an accelerated review for Merck & Co.’s experimental antiviral pill against Covid-19...
October 5, 2021
YouTube Looks to Hire Its First Executive Focused on Podcasts
October 5, 2021
BMO Plans 20% Pay Raise for U.S. Branch, Call-Center Employees
Bank of Montreal plans to raise its minimum wage for U.S. branch and contact-center employees to $18 an hour as companies face increased competition...
October 5, 2021
Canadian Trade Surplus Jumped in August, Powered by Energy
Canada’s trade surplus with the rest of the world expanded significantly in August on larger energy exports.
October 5, 2021
Elliott Co-CEO Says Rising Rates Threaten Equities Bull Run
The co-head of activist investor Elliott Investment Management said rising interest rates and inflation threaten to put an end to an 18-month rally...
October 5, 2021
Insider Trading Suspect Surprised by Cops at Mom’s Paris Home
Sometimes, visiting mom can land you in trouble.
October 5, 2021
Fed Trades, U.S. Debt Limit, House Price Watch: Eco Day
Welcome to Tuesday, Americas. Here’s the latest from Bloomberg Economics to help you start your day:
October 5, 2021
Cops, Waiters, Bankers Are Among U.S. Jobs With High Quit Rates
Police officers, restaurant staff and bankers are among professions with the highest turnover rates in a study of U.S. job volatility.
October 5, 2021
Erdogan’s Beef With Social Media Gets Louder After Facebook Outage
Facebook Inc.’s massive outage on Monday spurred calls for a new digital “order” by Turkish President Recep Tayyip Erdogan, a man with little...