Month: November 2020

Yahoo Finance’s Julie Hyman, Myles Udland, and Brian Sozzi break down the earnings reports for Wayfair and PayPal. …read more […]

Yahoo Finance’s Myles Udland, Brian Sozzi, and Julie Hyman break down what’s moving markets on Tuesday. …read more […]

Ahead of the U.S. presidential election results, the October jobs report and a Federal Reserve meeting, Wall Street is seeking to bounce back from the market’s worst week since March.Sure, plenty of uncertainty hangs in the balance, with investors worried that the election outcome will be contested. However, some Wall Street pros argue that even if there’s a post-election decline, it will likely be temporary. Then, after any panic or shock dissipates, the market could tick back up again. To this end, any weakness following the election could present investors with an opportunity to snap up compelling stocks at more …read more […]

(Bloomberg) — China put the brakes on Ant Group Co.’s $35 billion share sale in Shanghai and Hong Kong, derailing the world’s biggest initial public offering.The Shanghai stock exchange will suspend the listing after Ma was called in for “supervisory interviews” by related agencies, it said in a statement Tuesday. There was “significant change” in the regulatory environment and “such major issues could lead to your company not longer complying with requirements on listing or information disclosure,” the statement said.The Hong Kong leg will also be suspended, Ant said in a filing shortly after the Shanghai announcement. The fintech company’s …read more […]

Proposition 22 would classify app-based transportation and delivery drivers as independent contractors, exempting companies from Assembly Bill 5, which forces certain companies to reclassify workers as employees. …read more […]

The creator of this safe savings rule says people always oversimplified his advice. …read more […]

(Bloomberg Opinion) — Fox News needs Donald Trump to win — but not for the reason you think. A press release landed in media reporters’ inboxes last week: “Fox News Channel Earns Highest-Rated Primetime Monthly Average in the History of Cable Led by Tucker Carlson Tonight.” Carlson, Fox’s biggest moneymaker, drew more than 5 million viewers on average to his show last month, with Sean Hannity’s program close behind. Ratings for Fox News overall surged 43% during the third quarter from a year earlier as it moderated the first U.S. presidential debate and covered the race — and the …read more […]

We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The… …read more […]

(Bloomberg) — China has suspended the Shanghai leg of Ant Group Co.’s $35 billion offering, potentially derailing the world’s biggest initial public offering.The Shanghai stock exchange will suspend the listing amid changes in the regulatory environment, it said in a statement Tuesday without providing further details. The debut was expected for Thursday, the same day as the Hong Kong portion.The shock move comes after China’s regulators warned that Jack Ma’s firm faces increased scrutiny and will be subject to the same restrictions on capital and leverage as banks. Ma, Ant’s billionaire co-founder, was summoned to a rare joint meeting on …read more […]

Even when a business is losing money, it’s possible for shareholders to make money if they buy a good business at the… …read more […]

After slumping to five-week lows last week, the S&P 500 and the Nasdaq began November on a strong footing as the consistent lead for Democratic presidential nominee Biden in national opinion polls raised hopes of a bigger stimulus package after the election. Democrats are also favored to emerge from 14 hotly contested U.S. Senate races with full control of Congress in Tuesday’s election, although final results from at least five of those contests may not be available for days, and in some cases, months. “Currently, the market is betting on a Biden win,” said Christian Stocker, UniCredit’s …read more […]

LAVAL, Quebec, Nov. 3, 2020 /CNW/ — * Third-Quarter 2020 Financial Results * Revenues of $2. …read more […]

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(Bloomberg) — Stocks rallied with U.S. futures on Tuesday as a gust of optimism swept through global equity markets with millions of Americans headed to vote. Currency traders braced for increased volatility.Banks and oil drillers including Chevron Corp. rose in U.S. premarket trading. Futures on the blue-chip Dow Jones Industrial Average surged as much as 1.8%, outperforming contracts on the tech-heavy Nasdaq 100. Treasuries fell and a gauge of the dollar dropped the most in three weeks as a risk-on mood prevailed.While trades reflecting a Democratic sweep held firm, betting markets aren’t convinced. They slipped to just over 50% odds …read more […]

Do I have a right to hurt myself?
Recent events with my 89-year-old father-in-law have precipitated interesting discussions around this question.
Let me set the stage.
A couple of months ago, he fell off a kitchen stool and injured his tailbone.
He couldn’t stand up afterward. After a day in the emergency room and even hospital admission, doctors couldn’t seem to find anything definitively wrong, so they sent him home.
He still couldn’t walk. The fall also affected his urinary function, creating borderline incontinence.
He went back to the hospital for further tests, but they still couldn’t find anything.
This time, though, they sent him to a …read more […]