Latest Market News
President Joe Biden in a speech around 12: 15 p.m. Eastern Tuesday is expected to promise that if Democrats maintain their control of Congress in the midterm elections, then the first bill that he sends to U.S. lawmakers in the next session will aim to codify abortion rights, according to multiple published reports. Democrats have […]
Doral Renewables said Tuesday it agreed to sell up to $500 million in convertible notes to Apollo Global Management Inc. APO, +2.69% and Israel-based Migdal Insurance in a deal that values the Philadelphia solar power and storage developer at $1.5 billion. Apollo partner Corinne Still is joining the board of Doral Renewables as part of […]
Law enforcement agencies are “very often” not properly trained or equipped to track crypto crimes, Interpol secretary general Jürgen Stock said. 1074 Total views 18 Total shares The International Criminal Police Organization is reportedly planning to strengthen its crackdown on cryptocurrency-related crimes by forming a dedicated division. Interpol, the world’s largest global police organization, has […]
United Parcel Service Inc.’s UPS, +1.00% aircraft maintenance and related workers’ union approved on Tuesday a three-year deal that boosts wages for 1,675 Teamsters members and raises pension contributions by the package delivery giant. The deal was approved by more than 87% of union members who voted. Under terms of the deal, annual wages will […]
Shares of Darling Ingredients Inc. DAR, +0.64% fell 0.9% in premarket trading Tuesday, after the producer of natural ingredients from edible and inedible bio-nutrients announced a deal to buy collagen producer Gelnex for $1.2 billion in cash. The deal is expected to close in the first quarter of 2023. Brazil-based Gelnex produces about 46,000 metric […]
State Street Corp. STT, -1.31% shares rose 3.4% in premarket trades after the financial firm’s third-quarter earnings of $1.82 a share beat the analyst estimate of $1.78 a share, according to FactSet data. State Street’s revenue of $2.96 billion narrowly missed the target of $2.97 billion. The company also announced a $1 billion stock buyback. […]