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- Nikola’s stock rockets after GM takes $2 billion equity stake, announces partnership
- Tesla stock tumbles toward second bear market this year
- Tesla and other ‘pods of excess’ will ultimately lead to the popping of today’s bubble, investor warns
- S&P 500 adds three companies not named Tesla — ‘a bit of a shocker,’ analyst says
Sturgis Motorcycle rally in South Dakota in August linked to more than 250,000 coronavirus cases, study finds
- Coronavirus update: Global case tally tops 27.3 million, and U.S. accounts for a quarter, as 9 drug-company CEOs pledge to ‘stand with science’ in vaccine development
- Vaccinating children against the flu is ‘more important than ever’ this year: pediatricians
‘Deep regrets’: Billionaire admits he lost $41 million day trading stocks
Apple schedules event for Sept. 15
Apple Inc. undefined announced Tuesday that it plans to host an event on Sept. 15 at 10 a.m. PT. Though the company didn't provide much detail about the presumably virtual event on its website, there's debate over whether this will serve as the platform for Apple's iPhone launch announcements or whether the company will focus this event on the Apple Watch and other non-smartphone products while holding a separate event down the line for the iPhone. Apple Chief Financial Officer Luca Maestri confirmed on the company's earnings call in July that the next iPhone will be delayed by "a few weeks." Apple shares are off 3.6% in Monday's session on a weak day for tech stocks and its decline is the second steepest for the Dow Jones Industrial Average undefined, behind only Boeing Co. [S: BA], which is down 4.1%. Apple shares have added 40% over the past three months as the Dow has risen 0.5%.
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Trump suggests Pentagon brass support military action in service to defense contractors
The bull market has plenty of room to run, but a 10% selloff can’t be ruled out, says Goldman
- Charting a market downdraft, S&P 500 sells off to major support
- No, this time isn’t different. Trust cyclical stocks, Morgan Stanley argues.
- Opinion: The investment debt you owe Sam Eisenstadt
- Dow down nearly 400 points, but off session lows, as tech rout helps send Nasdaq down by about 2.5%
There are seven coronavirus vaccine candidates being tested in the U.S. — here’s where they stand
- AstraZeneca vaccine ‘most likely’ to roll out in the U.K. early next year
- Sanofi COVID-19 vaccine to cost below €10 and drug ingredients IPO planned within months, its France chief says
- Shares of Inovio rise 6% on vaccine manufacturing deal with Thermo Fisher
Tents fit for a wedding reception and artfully constructed wooden bandstands. Welcome to outdoor classrooms during a pandemic — now for the bad news
- Teachers face an agonizing life-or-death decision; many are retiring early or simply leaving
- As schools reopen, scientists say some children could spread COVID-19 even if they already have antibodies
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- Thanks, but no: Small businesses shun payroll-tax deferral
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Opinion: This is one Trump tax cut you really don’t want
- Thanks, but no: Small businesses shun payroll tax deferral
- Today’s older workers may see the first cuts to Social Security benefits
- Opinion: Why you might not know that Trump is threatening your Social Security
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- Some COVID-19 patients suffer lung and heart damage, but there’s encouraging news for these ‘long haulers’
- Expect a second wave in the UK, warns WHO expert
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‘My mother seems to think they will be able to retire in three years when they get additional Social Security, but they have zero retirement funds.’
- My partner has earned millions of dollars during our relationship. We’re not married, but am I entitled to anything if we split?
Peloton reduces price of signature exercise bike, introduces fancier bike and lower-cost treadmill
Peloton Interactive Inc. undefined lowered the price of its original exercise bike Tuesday.
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Amazon is hiring a new team to work on its cooler-sized autonomous delivery robots
The ECB decision is coming — here’s what to expect
Credit Suisse’s ‘Spygate’ scandal may go further: report
The spying saga has cast a shadow over the Swiss bank that has threatened its reputation
Mylan to pay equivlant of $757 million to buy Aspen's Europe thrombosis business
Mylan N.V. undefined said Tuesday it will pay EUR641.9 million ($756.8 million) for Aspen Pharmacare Holdings Ltd.'s undefinedundefined thrombosis business in Europe. The deal is expected to add to Mylan's earnings immediately after closing, which is expected to be before Dec. 31.. Mylan expects to provide an upfront payment of EUR263.2 million to Aspen upon closing, funded from existing cash. Mylan's stock, which is still inactive in premarket trading, has lost 21.3% year to date through Friday, while the S&P 500 undefined has gained 6.1%.
Raging wildfires in California force power outages
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Cloud company Sumo Logic undefined set terms for its initial public offering on Monday, with plans to offer 14.8 million shares, priced at $17 to $21 each. The company has applied to list on Nasdaq under the ticker "SUMO." There are eight banks underwriting the deal, led by Morgan Stanley. Proceeds of the deal will be used for general corporate purposes. "Sumo Logic is the pioneer of Continuous Intelligence, a new category of software, which enables organizations of all sizes to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing," says the company's prospectus.
