News

Aug 24
Johnson & Johnson taps ex-CEO of CVS for board leadership role at new consumer unit

Johnson & Johnson JNJ, -0.87% on Wednesday named former CVS Health Corp. CVS, -1.18% CEO Larry Merlo as non-executive chair designate of its new consumer health company, which the company announced in November. Merlo will assume a board leadership role with the new consumer health company for its planned separation from J&J in 2023. In […]

Aug 24
China’s Ant Group to help Malaysia launch crypto-friendly ‘super app’

Expected to launch in early 2023, Kenanga’s crypto-friendly super app will feature digital investment management, e-wallet, FX, stock trading and other services. 928 Total views 73 Total shares Malaysia continues accelerating its pace of cryptocurrency adoption as one of the major local banks is moving into cryptocurrency trading as part of its default banking offerings. […]

Aug 24
ODP Corp. agrees to sell and partially lease back its corporate HQ in Boca Raton

The ODP Corp. ODP, -1.16%, the former office goods retailer Office Depot, said Wednesday it has entered an agreement to sell its corporate headquarters in Boca Raton, Florida, and then partially lease it back. The deal is expected to close by year-end, after which ODP will lease part of the building’s office space for at […]

Aug 24
Bed, Bath & Beyond shares surge on report it secures source for loan deal

Shares of Bed, Bath & Beyond Inc. BBBY, -4.98% surged 15% in early premarket trading on Wednesday after The Wall Street Journal reported, citing sources, that the struggling retailer has picked a lender to provide a much-needed loan deal, following a marketing process by JPMorgan Chase & Co. The company is hoping to shore up […]

Aug 24
The cryptocurrency market digest (BTC, ETH). Overview for 24.08.2022

Activity in the BTC dropped again. On Wednesday, the major cryptocurrency is trading at $21,340; investors are waiting. The digital asset is moving within a clear sideways channel. Market players are relaxing and saving strengths in anticipation of US Fed Chairman Jerome Powell’s speech, to be delivered on Friday in Jackson Hole. During the Economic […]

Aug 24
Ichimoku Cloud Analysis 24.08.2022 (GBPUSD, USDCAD, AUDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from Tenkan-Sen and Kijun-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1880 and then resume moving downwards to reach 1.1575. Another signal in favour of […]