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Posts published in “Statuses”

Stock Market Live Updates: GameStop Finance Chief to Depart

A GameStop store in the Koreatown area of Los Angeles. Jim Bell, the company’s chief financial officer, who joined the company in mid-2019, is leaving.Credit...Philip Cheung for The New York TimesGameStop’s chief financial officer, Jim Bell, is leaving the company in late March, following a stock-trading frenzy that briefly sent shares in the video game…

Lloyds Resumes Dividends as Profit Beats, Loan Loss Charges Fall

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HSBC shifts ‘heart of business’ to Asia in latest strategy revamp

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HSBC is pushing even harder into Asia and wants to bring back its dividend

Hong Kong (CNN Business)HSBC is pushing even harder into Asia as the bank seeks to shore up its business in the wake of the coronavirus pandemic and ongoing tensions between the United Kingdom and China. It's also bringing back its dividend, a sign that it's optimistic about its ability to navigate the year ahead. The…

Lucid Motors strikes SPAC deal to go public with $24 billion valuation

Lucid Motors reached an agreement to become a publicly traded company through a merger with special-purpose acquisition company Churchill Capital IV Corp, in the largest deal yet between a blank-check company and electric vehicle startup.  The combined company, in which Saudi Arabia’s sovereign fund will continue to be the largest shareholder, will have a transaction…

Walmart Promises Raises for 425,000 Workers After Strong Holiday Sales

Walmart Inc. said it would raise wages for about 425,000 of its employees after a year in which the Covid-19 pandemic boosted its business and demand for workers who handle online orders. The company reported strong holiday sales but predicted slower growth and higher spending this year. U.S. comparable sales, or those from stores and…

Barclays Trading Beat Fuels Buyback and Return to Dividends

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Arizona’s Democratic Senators Are Already Angering the Left

Last week, during a series of votes on amendments to the Senate’s budget resolution, eight Democrats signed onto an amendment aimed at prohibiting undocumented immigrants from receiving Covid-19 stimulus checks—a redundant measure that might have threatened payments to their spouses and children, according to Democrats like Senate Majority Whip Dick Durbin. Arizona’s Kyrsten Sinema and…

Absa South Africa Rules Out Dividends With Profit Down 40%

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