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Three economists were awarded the Nobel Prize in economic sciences for their decades of research on societal reactions to financial crises and avoiding bank co… Source: Cointelegraph

Shares of ride-sharing companies suffered a beating Tuesday, after the U.S. Labor Department said it would revisit rules that designate whether workers are classified as employees or independent contractors. Uber Technologies Inc.’s stock UBER, -8.65% dropped 8.3% in morning trading, putting it on track for the biggest one-day selloff since May 9, while Lyft Inc. […]

U.S. stocks opened lower on Tuesday, raising the possibility of a fifth day in the red as the Nasdaq and S&P 500 traded near their lowest intraday levels in more than two years. The S&P 500 SPX, -0.78% fell 17 points, or 0.5%, to 3,595. The Nasdaq Composite COMP, -1.03% retreated 51 points, or 0.5%, […]

Bassett Furniture Industries Inc. BSET, +10.78% rallied 15% in early trades Tuesday after CSC Generation Holdings Inc. offered to buy the company for $21 a share. CSC Generation said it’s making the offer public because the company “has been unwilling to engage with us in any meaningful way.” The per-share bid implies a market capitalization […]

Shares of Albireo Pharma Inc. ALBO, +11.28% gained 10.4% in premarket trading on Tuesday after the company said it is seeking Food and Drug Administration approval to use its medication Bylvay as a treatment for Alagille syndrome, a rare inherited disorder that can result in liver damage. Albireo said a Phase 3 clinical trial evaluating […]

Shares of Tanger Factory Outlet Centers Inc. SKT, +0.40% rose 0.6% in premarket trading Tuesday, after the operator of open-air outlet centers said it will raised its quarterly dividend by 10%, to 22cents a share from 20 cents a share. Shareholders of record on Oct. 31 will be paid the dividend on Nov. 15. Based […]