Robin Li, chief executive officer of Baidu. Nelson Ching | Bloomberg | Getty Images GUANGZHOU, China — Baidu will raise at least $3 billion in a Hong Kong secondary listing this month, two people familiar with the matter told CNBC, making it the latest Chinese tech giant to raise money […]
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Coupang is set to make its trading debut on the NYSE. Here’s what one strategist is telling clients
Logos on facade at the shared headquarters of Internet company Coupang and security company SentinelOne in the Silicon Valley town of Mountain View, California, October 28, 2018. Smith Collection | Gado | Archive Photos | Getty Images Investors looking to buy shares of South Korean e-commerce firm Coupang when it […]
Dow futures rise more than 100 points as Wall Street looks set to extend Wednesday’s gains
A trader on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures rose in early morning trade Thursday after the market’s blue-chip average set another record high during the regular session. Futures contracts for the Dow Jones Industrial Average added 142 points, or 0.44%. Those for […]
Here are the states with the longest and shortest life expectancies, according to the CDC
A soybean farmer in Mississippi County, Arkansas. The Washington Post | Getty Images If you’re born in the South, chances are you’ll have a shorter life expectancy compared with the rest of the United States, according to newly released data from the U.S. Centers for Disease Control and Prevention on […]
Jeep unveils long-awaited Grand Wagoneer SUV topping $111,000
2022 Jeep Grand Wagoneer Jeep DETROIT – Jeep’s long-awaited Grand Wagoneer SUV will push the quintessential off-road brand further into luxury vehicles with a fully loaded model topping $111,000 when it goes on sale later this year. The new three-row SUV will test whether Jeep can expand its product range […]
Tesla’s China-made Model Y takes off despite holiday car sales slump
A Model Y vehicle displayed at a Tesla flagship store on Jan. 4, 2021 in Shanghai, China. Gao Yuwen | Visual China Group | Getty Images BEIJING — Tesla‘s Model Y is getting off to a solid start in China, less than three months since deliveries began. The mid-size SUV […]
These six islands opened to travelers — and still have some of the world’s lowest Covid rates
Micronesia has confirmed only one case of Covid-19 to date. The Polynesian island of Samoa and the South Pacific island of Vanuatu have just three cases each. Sounds like safe travel choices? There’s just one problem — none are allowing in tourists. Many islands that opened to tourists during the […]
100 million Americans will be vaccinated by early April, former FDA chief Dr. Scott Gottlieb says
President Joe Biden will meet his goal of vaccinating 100 million Americans in his first 100 days in office early, according to Dr. Scott Gottlieb. “We’ll get 100 million Americans vaccinated probably by early April,” Gottlieb, who was FDA chief during the Trump administration, predicted. Biden’s 100th day in office is […]
Treasury yield trend suggests no relief from higher rates, backs up inflation jitters
Even though the benchmark 10-year Treasury note yield touched a one-week low on Wednesday, economic forecaster Lakshman Achuthan believes the path forward is higher. According to Achuthan’s proprietary data, the U.S. is already in the grip of inflation. “It is not transitory. It’s cyclical,” the Economic Cycle Research Institute co-founder […]
Stock futures little changed after Dow sets record high
A trader on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures were largely flat on Wednesday evening after the market’s blue-chip average set another record high during regular trading hours. Futures contracts for the Dow Jones Industrial Average added 10 points, or less than 0.1%. […]