• Mexico Feb 13, 2019

    Millennial Brides Force David's Bridal, Fresh Out of Bankruptcy, to Try Something New

    David’s Bridal already has something old: 60 years in the bridal industry. Now, having emerged from three months in bankruptcy proceedings, it is trying something new as start-up competition and millennial brides upend its market. The retailer filed for bankruptcy in November, saddled in debt that partially stemmed from its $1.05 billion sale to private equity firm Clayton Dubilier &...

  • California Jan 8, 2019

    S&P Slashes PG&E Rating to Junk Status

    S&P slashed PG&E’s credit rating to junk status as the utility grapples with the political and financial fallout from costly and deadly wildfires in California.

  • Facebook Nov 21, 2018

    Investors Seek Stability as Stocks Fall

    Goodbye iPhones and Facebook feed. Hello power plants and bleach. Since stocks began tumbling two months ago, investors haven’t abandoned the market. At least, not all of it. In recent weeks, as they’ve pulled money out of funds that invest in go-go technology companies, they’ve also been buying utilities, companies that make everyday necessities for consumers and other stocks that...

  • Twitter Oct 23, 2018

    Stocks Roar Back From 500-Point Loss in the Dow, But Still End Day Lower

    Stocks fell on Tuesday as corporate results from Caterpillar and 3M disappointed investors, but the market managed to recover most of its losses later in the session as investors rotated into McDonald’s and defensive stocks like Procter & Gamble.

  • China Oct 12, 2018

    Stock Market Experts Say This Is a Stumble, Not a Plunge

    Woah, what was that? After months of relative calm, Wall Street has been jolted by a sudden run of turbulent trading. The swoon wiped more than 1,300 points from the Dow Jones Industrial Average over two days and dragged the benchmark S&P 500 index down more than 5 percent. The VIX index, which measures how worried traders are about a...

  • America May 24, 2018

    Harley-Davidson Workers Stunned by Plant Closure After Tax Cut

    Employees at Harley-Davidson’s Kansas City, Missouri, plant were shocked in January when the company announced that the plant would close next year, NBC News reported. Operations are being moved to the motorcycle manufacturer’s facility in York, Pennsylvania. The company is also building a new plant in Thailand. A Harley-Davidson spokesman said the Bangkok plant is “separate and unrelated” to the...

  • Donald Trump Mar 19, 2018

    Markets Close Down as Facebook Drags Tech Stocks Lower

    U.S. stocks pulled back on Monday as a decline in Facebook pressured the technology sector. Wall Street also paid attention to Washington after a Twitter meltdown from President Donald Trump, CNBC reported. The Nasdaq composite dropped 1.8 percent as Facebook dropped 6.8 percent. The Dow Jones industrial average fell 335 points, with Caterpillar as the worst-performing stock in the index....

  • Donald Trump Feb 6, 2018

    Good News Was Actually Bad News for the Stock Market

    The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come. Investor fears about higher interest rates escalated into rapid, computer-generated selling Monday that wiped out all the market’s gains for the year. At one point, the Dow Jones industrial average dropped 1,000 points in less...

  • Japan Feb 6, 2018

    Asian Shares Tumble After Dow Has Worst Day Since 2011

    Asian markets were rattled Tuesday by the miseries on Wall Street, with Japan’s Nikkei 225 index briefly dipping more than 7 percent, but investors seemed to be taking the gyrations in stride. The Tokyo benchmark bounced throughout the day, ending 4.7 percent lower at 21,610.24. All regional bourses were battered a day after the Dow Jones industrial average suffered its...

  • United States Jan 31, 2018

    Stocks See Biggest Drop Since August; Dow Loses More Than 300 Points

    U.S. stocks plunged Tuesday as the first major sell-off of the new year intensified for a second day, CNBC reported. The Dow Jones industrial average dropped 400 points at one point, though it rebounded slightly later in the afternoon, with UnitedHealth declining the most. Health care was the worst-performing sector in the S&P 500, which pulled back 1 percent Tuesday....

  • United States Jul 14, 2017

    S&P 500 Closes at Record, Topping June High, on Bets for a Strong Earnings Season

    Stocks rose to record levels on Friday as earnings season kicked off, CNBC reported.
    The S&P climbed 0.6 percent to close at 2,459.27, setting intraday and closing records. The index’s previous intraday record was 2,453.82, which was set June 19. Read More

  • New York Mar 28, 2016

    Chinese Firm Bids on Starwood Hotels

    Hungry for U.S. assets, China’s Anbang bids $15 billion for Starwood Hotels & Resorts.

  • CEO Jan 14, 2016

    Dow Closes Down Over 350 Points, S&P Drops Under 1,900

    U.S. stocks closed sharply lower Wednesday, pressured by low oil prices, as concerns about global economic slowdown weighed ahead of major earnings reports, CNBC reported....
    Stocks opened higher but quickly turned lower as oil gave up initial gains following inventory data. The Dow Jones industrial average traded about 350 points lower after briefly falling 393 points in afternoon trade with Home...

  • San Francisco May 27, 2015

    SF Area Home Prices Grow Faster Than Other US Cities: Report

    Home prices in the San Francisco area grew faster during the past year than prices in any other U.S. city surveyed, according to a report released Tuesday.

  • Facebook Jan 2, 2015

    Report: Silicon Valley Execs Are 89 Percent Male

    Women only make up 11 percent of Silicon Valley executives.

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