Amazon on Friday secured enough votes to defeat the unionization drive at one of its Alabama warehouses, delivering a blow to organized labor who hoped to unionize a U.S. Amazon facility for the first time.Of…
It pays to stay unemployed. That might be…
People walk along Broadway as the coronavirus keeps financial markets and businesses mostly closed on May 08, 2020 in New York City. The Bureau of Labor Statistics announced on Friday that the US economy lost…
Bill Ackman looks to find another winner in…
Bill Ackman, founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Bill Ackman has found another typical investment for him: a high quality business with predictable cash flows, durable growth and a catalyst…
HDFC AMC Q4 results: PAT falls 10% YoY…
NEW DELHI: HDFC Asset Management Company (AMC) on Saturday reported a 9.53 per cent year-on-year (YoY) fall in profit after tax (PAT) at Rs 249.83 crore for the three months ended March 31, 2020. In…
Why the stock market is up even with…
A record number of Americans just lost their job, and yet stocks are moving higher. This seems paradoxical given the economic toll — to say nothing of the emotional toll — on millions of people…
When will restaurants and bars reopen? Here’s what…
A pedestrian adjusts his facemask while walking past a closed Artisan House restaurant in Los Angeles on May 7, 2020.Frederic J. Brown | AFP | Getty ImagesThe Covid-19 pandemic continues to disrupt economies and lives…
Unemployment just hit 14.7% yet the market is…
You might be wondering why the stock market is doing so well when you're doing so badly. Even if you're coasting, you likely know people who are struggling. The reality is, small-town America doesn't go under the…
Best risk-protection tools for investors in a bear…
By DK AggarwalWhen the bears take hold of the market, most investors either suffer significant losses or get shaken out of what eventually become profitable positions. We need to understand that bear markets are painful,…
If you think way to normalisation will be…
Govts have no choice but to fill the gap in revenue and income and it will have a long-term effect on public debt, says Bruno Verstraete, partner.How are you looking at the US job loss…