Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. FRANKFURT – Daimler’s Dieter Zetsche will not seek to become chairman of the German carmaker’s supervisory board, he told Frankfurter Allgemeine Sonntagszeitung newspaper. Continue Reading Below Zetsche, 67, a former chief executive of the company which owns the […]
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New York stays ahead of London in top financial centers survey
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. New York retained the top spot in a survey of global financial centers on Friday, with London strengthening its position in second place just over three months before Britain’s full departure from the European Union. Continue Reading […]
Airline passengers want to see barriers to boost confidence: industry executives
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Airline passengers want visible plastic barriers in the cabin to reinstill confidence in flying during the pandemic, saying they do not all trust industry assurances about high air quality onboard, aviation industry executives said on Thursday. Continue […]
Huawei’s supply chain has been ‘attacked’, says chairman
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Huawei Technologies will do everything it can to strengthen its supply chain which has been “attacked”, its rotating Chairman Guo Ping said on Wednesday. Continue Reading Below Guo was speaking at the Chinese smartphone and telecoms gear maker’s […]
GoodRx sells shares in IPO above target range – source
NYSE President Stacey Cunningham provides insight into record market highs, delisting China firms, and the IPO market. NEW YORK – GoodRx Holdings Inc on Tuesday priced its initial public offering (IPO) at $33 per share, above its target range, according to a person familiar with the matter. Continue Reading Below […]
Trading app Robinhood raises $660 million in latest funding round
Allianz chief economic adviser Mohamed El-Erian argues apps like Robinhood are reducing the barriers to retail entry. He also provides insight into the coronavirus pandemic, initial jobless claims, earnings and how to allocate capital in the current market environment. NEW YORK – Robinhood Markets Inc, the financial technology startup credited with […]
Asian shares down for second day, dollar rises in Far East trading
UQuadratic Capital Management founder Nancy Davis discusses her outlook for the markets. HONG KONG/NEW YORK – Asian shares extended losses for the second day on Tuesday while the dollar rose, as possible delays in expanded U.S. stimulus and concerns about fresh pandemic lockdowns in Europe knocked investor sentiment. Continue Reading […]
Playboy puts its ears up for possible market return
Playboy Playmate-turned-day-trader Kennedy Summers on how she got her start in finance and what her strategy is. Playboy magazine owner Playboy Enterprises is exploring options that include going public through a merger with a blank-check acquisition company, Reuters citing people familiar with the matter reported exclusively Friday afternoon. Continue Reading Below […]
Ericsson to buy US wireless networking firm Cradlepoint in $1.1B deal
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Ericsson has agreed to buy U.S.-based wireless networking company Cradlepoint in a $1.1 billion deal, the Swedish telecoms gear maker said on Friday. Continue Reading Below The deal, Ericsson’s largest in more than a decade, would give […]
Japan automakers post 12% slide in July global vehicle sales
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Global sales at Japanese automakers slipped 12.2% in July from last year, the fifth straight month of losses, as demand for cars remains sluggish after factories and dealerships reopened following coronavirus-related lockdowns earlier this year. Continue Reading […]