Business

GameStop back on the rise as Robinhood eases trading ban

The army of small investors behind this week's dramatic squeeze on Wall Street hedge funds returned to drive shares in GameStop and other hot companies higher on Friday as online broker Robinhood eased disputed trading restrictions.

Boeing to delay 777X again as it posts record annual loss

Boeing Co posted a record $12 billion annual loss on Wednesday as it delayed its all-new 777X jet again and booked a $6.5 billion charge for the program.

Trump admin slams China's Huawei, halting shipments from Intel, others - sources

The Trump administration notified Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters.

Trump administration adds China's Comac, Xiaomi to Chinese military blacklist

The Trump administration on Thursday added nine Chinese firms to a blacklist of alleged Chinese military companies, including planemaker Comac and mobile phone maker Xiaomi, according to a document seen by Reuters.

Was Taylor Swift Behind Kanye West's Alleged Removal From the 2024 Super Bowl

Former NFL star Brandon Marshall has ignited speculation with his claim that Taylor Swift was behind Kanye West's alleged removal from the 2024 Super Bowl at Las Vegas' Allegiant Stadium.

Jimmy Buffett's Quiet Battle: Legendary Singer's Cause of Death Revealed

Novavax COVID vaccine is nearing approval – but what impact will it have?

Calling children ‘vectors’ during COVID-19 is turning into discrimination

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Trump administration shelves planned investment ban on Alibaba, Tencent, Baidu

The Trump administration has scrapped plans to blacklist Chinese tech giants Alibaba, Tencent and Baidu, four people familiar with the matter said, providing a brief reprieve to Beijing's top corporates amid a broader crackdown by Washington.

By Reuters

Stimulus hopes push global equity markets to new records, bonds hit 11-month lows

A global equities rally pushed Japan's Nikkei to a more than three-decade high and the Nasdaq Composite Index to a new record on Friday while safe havens such as Treasuries and gold sold off as investors looked past political unrest in the United States and focused on further stimulus to mend the economic damage of the coronavirus pandemic.

By Reuters

Bitcoin hits $40,000 for first time, but pullback likely imminent

Bitcoin topped $40,000 for the first time on Thursday, as it continues a rally that has seen the digital currency climb more than 700% from a March 12 closing low.

By Reuters

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Wall Street closes higher; focus on Georgia election outcome

Shares on Wall Street ended higher on Tuesday in choppy trading, as investors took advantage of the previous session's slump to buy them back, ahead of the outcome of the Senate runoff elections in the battleground state of Georgia, which will determine the balance of power in Washington.

By Reuters

Wall Street inches higher, dollar gains as tumultuous year nears finish line

The S&P 500 reversed course and turned positive on Thursday and the dollar advanced as investors prepared to close the book on a turbulent year of pandemic, recession and recovery.

By Reuters

Bitcoin touches record above $29,000, extending 2020 rally

The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike.

By Reuters

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