MV TELEGRAPH DAILY NEWS
U.S. President Joe Biden delivers on remarks in the East Room of the White House on July 29, 2021 in Washington, DC. Anna Moneymaker | Getty Images President Joe Biden signed an order on Wednesday blocking the enforced removal of many Hong Kong residents from the United States for 18 months, giving them a “temporary …
Continue reading “Biden blocks elimination of Hong Kong residents, cites China repression”
Major US stock indices rose Thursday as energy and travel stocks rallied ahead of a major jobs report. The Dow Jones Industrial Average rose 204 points, or 0.6%. The S&P 500 was up 0.4% while the Nasdaq Composite was up 0.6%. Movement in the stocks came after a mostly lower regular session on Wednesday that …
Uber beat estimates for sales and earnings and posted an unexpected one-time gain in the second quarter. The shares lost more than 4% in after-hours trading. Here’s how Uber performed compared to the expectations of analysts surveyed by Refinitiv: Earnings per share: 58 cents versus an expected loss of 51 cents Revenue: $ 3.93 billion …
For Ray Dalio, bitcoin is like a digital version of gold — but the billionaire clearly values one higher than the other. “If you put a gun to my head, and you said, ‘I can only have one,’” says Dalio. “I would choose gold.” Dalio, who turns 72 on Sunday, revealed in May that he …
Continue reading “Right here’s what billionaire Ray Dalio thinks”
The world was fascinated by the US swimmer Caeleb Dressel in his triumphant performances at the Olympic Games in Tokyo. While his Tokyo events may be over, don’t count him for the Paris Olympics in 2024. “I would love to make the team, but I have to be brought on the team first,” said the …
U.S. stocks battled for direction on Tuesday as concerns about global growth and Covid variants kept investors nervous. The Dow Jones Industrial Average rose 72 points, or 0.2%, after briefly falling more than 100 points at the beginning of the session. The S&P 500 was flat while the Nasdaq Composite lost 0.5%. The Dow and …
American Airlines airplanes stand at passenger gates at Dallas/Fort Worth International Airport (DFW) near Dallas, Texas. Patrick T. Fallon | Bloomberg | Getty Images American Airlines passengers faced hundreds of cancellations and delays on Monday, as the carrier struggled to recover from disruptions caused by severe thunderstorms that swept through its Dallas/Fort Worth International hub. …
Continue reading “American Airways, Spirit Airways cancel a whole lot of flights”
The Meggitt plc company logo seen displayed on a smartphone. Igor Golovniov/SOPA Images/LightRocket via Getty Images U.S. industrial company Parker-Hannifin has agreed a £6.3 billion ($8.8 billion) deal to buy British defense and aerospace company Meggitt, the companies announced Monday. The deal, which will see Parker pay 800 pence per share, sent Meggitt stock soaring …
Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021. Brendan McDermid | Reuters U.S. stock futures rose in overnight trading on Sunday as investors geared up for the first trading day of August. Dow futures rose 135 points. S&P 500 futures gained 0.4% and Nasdaq 100 futures added 0.35%. …
US stocks fell on Friday amid a decline in Amazon stocks, but the S&P 500 posted its sixth consecutive positive month. The broad equity benchmark fell 0.5% to 4,395.26, dragged down by the consumer discretionary and energy sectors. The tech-heavy Nasdaq Composite lost 0.7% to 14,672.68. The Dow Jones Industrial Average fell 149.06 points, or …
