[ad_1] Former NYSE CEO Dick Grasso says the economy could grow by up to 5% in the first half of 2021. U.S. stock markets rallied Thursday morning as traders awaited details of the COVID-19 relief program proposed by President-elect Joe Biden. Teleprinter security Latest Change Change% I: DJI MEDIUM DOW JONES 31202.25 +141.78 + 0.46% … Read more
[ad_1] Fitbit Inc. FIT announced Thursday morning that its acquisition by Alphabet Inc. [s; GOOGL] GOOG, + 0.46% Google has officially closed. Alphabet has agreed to pay around $ 2.1 billion, or $ 7.35 per share, to acquire Fitbit. The deal was first announced in November 2019, but has faced regulatory setback, particularly in the … Read more
[ad_1] Mykola Tys / | LightRocket | Getty Images Grayscale saw its assets under management skyrocket as Wall Street used it as a proxy to invest in bitcoin. The New York-based investment firm started last year with $ 2 billion in assets and ended with more than $ 20.2 billion. The 900% increase was driven … Read more
[ad_1] ‘We are all on high alert’: Delta to ban registered firearms, increase security on flights to DCUSA TODAY Delta Halves Fourth Quarter Cash Consumption, Cuts Losses to Capping Worst Year in HistoryCNBC Delta Post Large Quarterly and Annual Revenue Loss COVID-19 Ends Toughest Year in Company HistoryYahoo finance Ed Bastian, CEO of Delta: Demand … Read more
[ad_1] Virgin Galactic co-founder Sir Richard Branson, CEO George Whitesides, and Social Capital CEO Chamath Palihapitiya pose together outside the New York Stock Exchange ahead of Virgin Galactic trading on October 28, 2019. Brendan McDermid / Reuters Virgin Galactic shares climbed 18% on Thursday. The space tourism group could be added to Ark Investment Management’s … Read more
[ad_1] President Donald Trump has considered setting up an account on Speak under the pseudonym “Person X,” CEO John Matze said on Wednesday. Matze argued in a court filing that Parler’s web host Amazon Web Services had known about this since at least October and that the possibility of Trump joining Parler was part of … Read more
[ad_1] Shares of FuelCell Energy Inc. FCEL, -8.62% fell 7.1% pre-market on Thursday, after JP Morgan analyst Paul Coster turned bearish on the alternative energy company, suggesting the stock should be worth around half of its last closing price . Coster downgraded its rating to an underweight to neutral and set a target share price … Read more
[ad_1] A Transportation Security Administration (TSA) officer screens an airline passenger at O’Hare International Airport October 19, 2020 in Chicago, Illinois. Scott Olson | Getty Images Delta Air Lines will not allow travelers to airports serving the Washington metro area to check for firearms on flights prior to the inauguration of President-elect Joe Biden, CEO … Read more
[ad_1] Initial unemployment insurance claims soared to 965,000 last week amid signs of a slowdown in hiring due to pandemic restrictions, the Labor Department reported Thursday. The total was worse than Wall Street’s estimate of 800,000 and above the previous week’s total of 784,000. The markets have reacted little to this number, as the decline … Read more