HSBC Stock Hits 25-Year Low – The Wall Street Journal
Shares in HSBC Holdings PLC hit a 25-year low, after news articles detailed “suspicious activity reports” filed by it and other major banks to U.S. authorities, putting fresh pressure on a stock that has already dropped sharply this year. By midafternoon in Hong Kong on Monday, the bank’s Hong Kong-listed stock had fallen 3.6% to…
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The Stock Market’s Biggest Nervy Concern is a Familiar One
Oppenheimer’s chief investment strategist John Stoltzfus is optimistic about the U.S. stock market in the long term.In the short term, Stoltzfus pinpointed the resurgence of virus cases in the U.S. as the “real challenge.”Scientists anticipate the pandemic to last until the end of 2021, and strategists expect the market sentiment to decline.As the U.S. stock […]
Nikola Chairman Steps Down as Company Faces Probe
Nikola Corp. Executive Chairman Trevor Milton is stepping down from the electric-truck startup with immediate effect in the wake of allegations from a short seller that he and the company had made false statements to investors. The company said Mr. Milton would be replaced by Stephen Girsky, a former General Motors Co. executive who already…
Tom Hardy as James Bond? Let’s Hope for a Short License to Kill
Tom Hardy is the odds-on favorite to become the next James Bond.The actor is already 43-years-old and won’t have many movies to contribute.The age gap between James Bond actors and leading ladies has become too apparent.It seems all but confirmed that Tom Hardy is going to be the next actor to take on the mantle […]
The NFL Desperately Needs Tom Brady, Now More Than Ever
NFL ratings were down in most time slots for Week One.However, ratings for Tom Brady’s debut with the Tampa Bay Buccaneers was a record-setting hit.If Trump’s anti-NFL campaign is responsible, there may be only one thing that can save the NFL—Tom Brady.Tom Brady has been the poster boy of the NFL for years. When you […]
Lori Loughlin Prison Sentence Will Be Like Staying at a Sleepaway Camp
Lori Loughlin will serve her two-month sentence in a minimum-security prison after being found guilty of participating in the nationwide college admissions scandal.Her sentence will feel more like staying at a luxury sleepaway camp than in a jail cell.Accommodations Loughlin can expect include everything from brunch and yoga to painting and photo ops.After being found […]
Trump, TikTok and Crony Capitalism – The Wall Street Journal
President Trump on Saturday gave his blessing to a deal that would give U.S. investors including Oracle and Walmart majority ownership of the Chinese social-media app TikTok while allowing it to continue operating in the U.S. Maybe the deal will protect national security as the Trump Administration claims, but it reeks of corporate cronyism that…
TikTok Deal Faces Questions Over Security, Ownership – The Wall Street Journal
WASHINGTON—An emerging deal to make China’s popular TikTok app a U.S.-based company stands to reshape the social-media landscape, even as questions persisted Sunday over security concerns and ownership of the new company. The deal—approved in concept by President Trump this weekend, but pending final approval by the companies involved—would create an online power that could…
WSJ Opinion: Suddenly, the Supreme Court Dominates the Election
WSJ Opinion: Journal Editorial ReportEpisode 223September 20, 2020The death of Ruth Bader Ginsburg upends the 2020 raceBy WSJ OpinionSept. 20, 2020 8:15 pmJournal Editorial Report: Who benefits from a fight over Ginsburg’s successor? Images: AFP via Getty Images Composite: Mark KellyWSJ Opinion: Journal Editorial ReportFrom the award-winning opinion pages of The Wall Street Journal, the…
WSJ Opinion: The Supreme Court After Ginsburg
WSJ Opinion: Journal Editorial ReportEpisode 224September 20, 2020The legacy of Justice Ruth Bader GinsburgBy WSJ OpinionSept. 20, 2020 8:08 pmJournal Editorial Report: Paul Gigot interviews Ilya Shapiro of the Cato Institute. Images: Getty Images Composite: Mark KellyWSJ Opinion: Journal Editorial ReportFrom the award-winning opinion pages of The Wall Street Journal, the Journal Editorial Report sees…
China Has Reasons to Like TikTok’s Trump-Approved Shotgun Deal
A White House-approved plan to transform TikTok into a U.S.-based company would keep the operation of the viral short-video app, and likely the algorithm that has powered its rise, in Chinese hands. This structure improves the deal’s chances of finding favor in Beijing, which had threatened to veto a sale. President Trump said Saturday he…
Russia Strikes Deals to Sell Its Coronavirus Vaccine Internationally – The Wall Street Journal
Russia has struck preliminary agreements to sell its Covid-19 vaccine to more than 10 countries in Asia, South America and the Middle East, a development that could give Moscow valuable economic and political leverage internationally. Russian officials say they have secured preliminary deals for the vaccine to be delivered to countries such as Brazil, Mexico, Saudi Arabia and…
CEOs Start to Place Big Bets as Pandemic Grinds On – The Wall Street Journal
Plenty of CEOs remain stuck working from home and boards may still be meeting virtually, but companies are shifting their sights from surviving the coronavirus pandemic to charting new courses through it. Verizon Communications Inc. is jumping into the low end of the wireless market. Clorox Co. directors picked their next leader. A railroad set…
Get Over It: Jennifer Aniston & Brad Pitt Aren’t Getting Back Together
Jennifer Aniston and Brad Pitt recently came together to do a virtual table read of “Fast Times at Ridgemont High.”The media and fans are once again calling their interactions “flirty.”When will people understand that they’ll never get back together?Despite what you may want, Jennifer Aniston and Brad Pitt will never get back together.The pair recently […]
J. K. Rowling Didn’t Write Hogwarts Legacy but It Doesn’t Matter
Hogwarts Legacy is an upcoming RPG set in the Harry Potter universe.Series creator J.K. Rowling has caused a lot of controversy with her transphobic comments on Twitter.Buying the game will support Rowling much more than the developers, so not wanting to buy the game is completely justified.Upcoming Harry Potter RPG Hogwarts Legacy finds itself mired […]
