CNBC’s Jim Cramer on Thursday recommended investors continue adding the remote work plays to their investment portfolios as the stocks pull back. “These stocks have been big winners since the bottom in March, and while many of them have fallen out of favor this week, I think that’s temporary,” the “Mad Money” host said after […] More
Continued value buying in leading banking stocks and shortcovering by market participants ahead of month derivatives expiry led the market to post strong rally for the second consecutive trading session. The strong trend in the US and European markets amid optimism of reopening of economies also supported market gains. #MarketAtClose | Market gains for 2nd […] More
1. Dow set to add to two-session rally of nearly 1,100 points 2. U.S. and Chinese relations strain on numerous fronts Police stand guard on a road to deter pro-democracy protesters from blocking roads in the Mong Kok district of Hong Kong on May 27, 2020, as the citys legislature debates over a law that […] More
File photo: US President Donald Trump (Image: Reuters) Twitter on Tuesday for the first time-tagged Trump’s tweets about unsubstantiated claims of fraud in mail-in voting with a warning prompting readers to fact check the posts. Reuters Last Updated: May 28, 2020, 11:14 AM IST U.S. President Donald Trump will sign an […] More
Washington: Boeing is cutting more than 12,000 US jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming. Shortly after disclosing the job cuts, Boeing announced Wednesday that it has resumed production of the grounded 737 Max jetliner. Two deadly crashes of Max […] More
Stock market today LIVE Updates: Sensex jumps over 300 points, Nifty close to 9,400; economy likely to contract 5% in FY21, says S&P New York: Asian shares are likely to dip on Thursday after remarks by US Secretary of State Mike Pompeo that Hong Kong no longer warranted special treatment under US law reignited worries […] More
File photo of US President, Donald Trump. President Trump’s new outburst, ironically on Twitter itself, may not be factually correct either, since it isn’t so easy to “close down” publicly traded billion-dollar companies. News18.com Last Updated: May 28, 2020, 5:50 AM IST US president Donald Trump has gained considerable infamy for […] More
U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery. Bank stocks powered the day’s advance, with the S&P 500 financial index leading gains among major sectors. The index rose nearly 10% over the […] More
Medical staff move bodies from the Wyckoff Heights Medical Center to a refrigerated truck on April 2, 2020 in Brooklyn, New York. Angela Weiss | AFP | Getty Images Black Americans continue to make up a disproportionate share of Covid-19 fatalities as the number of deaths from the coronavirus pandemic exceeds 100,000 in the United States, […] More
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming. One of the nation’s biggest manufacturers said Wednesday that it will lay off 6,770 U.S. employees this week, and another 5,520 workers are taking buyout offers to […] More
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming. One of the nation’s biggest manufacturers said Wednesday that it will lay off 6,770 U.S. employees this week, and another 5,520 workers are taking buyout offers to […] More
Huawei Technologies Co. Chief Financial Officer Meng Wanzhou failed to persuade a Canadian judge to end extradition proceedings, keeping her under house arrest in Vancouver as the fight against U.S. efforts to prosecute her moves forward. The ruling marks an early victory for U.S. authorities but is likely to further strain relations between Canada and […] More
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