A Chapter 11 bankruptcy filing enables a struggling company a chance to stop the bleeding. It’s a chance to renegotiate the terms of its loans, bargain with vendors over past-due bills and talk with landlords Read more…
Daily Pivots: (S1) 1.2505; (P) 1.2532; (R1) 1.2565; More… Intraday bias in GBP/USD remains neutral as consolidation continues below 1.2557. While deeper retreat might be seen, further rally is expected as long as 1.2372 support Read more…
TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Wednesday, November 22nd. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin, reporting from Read more…
A Florida judge recently found “reasonable evidence” that Tesla (TSLA) – Get Free Report and its leadership, including chief executive Elon Musk, allowed for the use of Autopilot despite knowing that the system was defective. The Read more…
Nvidia’s stock has ridden a frenzy of interest in developing artificial intelligence applications to new highs. However, Nvidia’s management team, led by CEO Jensen Huang, delivered an important message to investors about its future on Read more…
Daily Pivots: (S1) 1.0885; (P) 1.0926; (R1) 1.0951; More… Intraday bias in EUR/USD remains neutral for consolidation below 1.0964 temporary top. While deeper retreat could be seen, downside should be contained by 1.0823 support to Read more…
Dollar is extending its near term recovery in the early US session. The latest jobless claims data came in better than expected, offering some support to the greenback. However, this was somewhat offset by weaker-than-anticipated Read more…
Cord-cutting was all the rage a few years ago, as the U.S., seemingly fed up with ever increasing costs and poor customer service, abandoned the cable apparatus that had dominated entertainment for the previous three Read more…
ChatGPT maker OpenAI said early Wednesday that its recently-ousted chief and co-founder Sam Altman will be returning as CEO. His return also marks the introduction of a new board, which includes Bret Taylor, Larry Summers Read more…
Burger King has followed a sad trajectory. The chain has fallen below Wendy’s as the No. 2 fast-food hamburger chain. That’s like Pepsi dropping behind Keurig Dr. Pepper as Coca-Cola’s chief rival. And BK’s parent, Read more…