Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
A major Chinese bitcoin mining hub is shutting…
A visual representation of the cryptocurrency bitcoin.S3studio | Getty ImagesGUANGZHOU, China — China's Inner Mongolia region plans to ban new cryptocurrency mining projects and shut down existing activity in a bid to cut down on…
Visible returns attract debt mutual fund investors to…
Investors in various debt mutual fund categories have taken a hit on account of the rise in the bond yields in the past few weeks. Long-term debt schemes, dynamic bond funds and Banking and PSU…
Hedge funds that hunkered down after GameStop are…
Pavlo Gonchar | LightRocket | Getty ImagesHedge funds are still licking their wounds after a retail trading frenzy forced the industry to slash its overall exposure to stocks, leading to an underperformance in 2021.Last month,…
Twitter’s India policy head to step down; will…
NEW DELHI: Twitter's Public Policy Director for India and South Asia has resigned to pursue other interests, the micro-blogging site confirmed in a statement. The company has also advertised a position for public policy director…
GameStop falls 35% more despite easing of broker…
Jakub Porzycki/NurPhoto via Getty ImagesGameStop shares tanked again Thursday as the Reddit-fueled trade unraveled further.The stock traded lower by more than 35%, bringing the video-game retailer's losses for the week to more than 80%.The latest…
Jeff Bezos to step down as Amazon CEO,…
Amazon CEO Jeff Bezos will leave his post later this year, turning the helm over to the company's top cloud executive, Andy Jassy, according to an announcement Tuesday. Bezos will transition to executive chairman of…
Investor activism was down overall in 2020, but…
Daniel Loeb, chief executive officer of Third Point LLC, speaks at the Skybridge Alternatives conference in Las Vegas, May 18, 2017.David Paul Morris | Bloomberg | Getty ImagesIn light of the global pandemic, it comes…
Coronavirus relief bill makes it easier for companies…
The government's stimulus response to the pandemic may accelerate the trend of companies offering student loan assistance as a benefit.Mark Chilton | iStock | Getty ImagesStudent loan assistance, which started as a niche offering by…