Macy's Stock Rises as Activist Investors Call for Real Estate Unit
Barington Capital Group and Thor Equities called on Macy's to create a real estate subsidiary and limit its capital expenditures.
Amazon Shareholders Want E-Commerce Giant to Invest $29 Billion in Bitcoin, Inspired by MicroStrategy’s Success
Amazon ranks fourth on the S&P 500, boasting a market cap of $2.38 trillion.
‘The mother of all bubbles’ in the U.S. is sucking money away from the rest of the world, market expert says
“Awe of ‘American exceptionalism’ in markets has now gone too far,” said Ruchir Sharma, chair of Rockefeller International.
Energy Transfer unveils $2.7bn pipeline linking Permian Basin to key markets
The first phase will connect the Energy Transfer pipeline and storage network, linking to the Dallas/Ft. Worth Metroplex.
Amazon should buy Bitcoin, shareholders say
Shareholders of Amazon (AMZN) have submitted a proposal to add Bitcoin to the balance sheet. The shareholders of the e-commerce giant are urging the company to learn from MicroStrategy (MSTR), which heavily invested in Bitcoin, resulting in an increase in its share price.
Donald Trump plans to 'make America the crypto capital of the world,' Eric Trump says
President-elect Donald Trump plans to make America a leader in the cryptocurrency space, through investments and “sensible” regulations.
Beam Therapeutics Unveils New Safety, Efficacy Data From Sickle Cell Disease Candidate, Stock Gains
On Saturday, Beam Therapeutics Inc. (NASDAQ:BEAM) revealed new safety and efficacy data from its BEACON Phase 1/2 trial of BEAM-101 in patients with sickle cell disease (SCD) with severe vaso-occlusive crises (VOCs). The data were featured at the American Society of Hematology (ASH) Annual Meeting and Exposition. Consistent with Beam’s previously announced data, updated data from seven patients treated with investigational base-editing therapy BEAM-101 demonstrated robust and durable increases i
NYC ad agency titans Omnicom and Interpublic to form $30 billion marketing powerhouse
Omnicom is buying Interpublic Group in a stock-for-stock deal that will create the largest ad agency in the world with combined annual revenue of almost $26 billion. The names may be unfamiliar to many Americans, but some of their marketing campaigns are iconic. The combined company will be worth more than $30 billion.
Tesla stock keeps soaring as Bank of America raises price target
Analysts have an unusual challenge in assessing how CEO Elon Musk’s relationship with President-elect Donald Trump will impact Tesla.
Traders Rush to Join Fed Rate-Cut Bet Touted by Morgan Stanley
(Bloomberg) -- Wagers in the fed funds futures market on Federal Reserve interest-rate cuts in both December and January have ballooned in size, aided by Morgan Stanley’s endorsement.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectCloud Computing Tax Threatens Chicago’s Silicon Valley AmbitionsNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long