U.S. stocks rallied Tuesday, clawing back from a rough start to the week as investors assessed a deluge of earnings reports for clues on how corporate America has fared against a backdrop of war in Eastern Europe and rising inflationary pressures. [Click here to read what’s moving markets heading into Wednesday, April 20] The S&P
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When Tesla (TSLA) reports earnings on Wednesday, all eyes won’t be on whether Elon Musk comments on his bid for Twitter on the earnings call (or if he is even on the call) but rather how big of a hit the company will experience due to a Shanghai factory production shutdown. “With Berlin and Austin
Associated Press Rosalía ‘very excited’ about imminent world tour Rosalía spent three years working on her acclaimed third studio album, “Motomami.” Now she’s ready to take the music on an upcoming world tour, with stops in her native Spain, Mexico, Europe and New York’s famed Radio City Music Hall. The Grammy- and eight-time Latin Grammy-winning
(Bloomberg) — Dufry AG, the world’s biggest duty-free operator, and the Benetton family’s Autogrill SpA are exploring a potential combination that would create a new global leader in travel retail, people familiar with the matter said. Most Read from Bloomberg Under one potential structure being discussed, Dufry would purchase Autogrill and pay in stock, according
The International Monetary Fund (IMF) said Tuesday that the global economic recovery will “slow significantly” this year due to the Russian invasion of Ukraine. The IMF not only downgraded growth prospects in Eastern European countries, but warned that countries around the world will be affected by the disruption to commodities markets as a result of
Associated Press Rare overhaul of powerful US nuclear test reactor completed Scientists at the Idaho National Laboratory have completed a rare overhaul of one of the world’s most powerful nuclear test reactors and normal operations are expected to resume later this spring, officials said Monday. The 11-month outage at the U.S. Department of Energy’s Advanced
