Goldman Sachs is being forced to open a new stock trading hub in Paris, due to uncertainty surrounding Brexit and London’s future as a European stock trading center.
Nordstrom’s third-quarter results have sent shares soaring, but some analysts are wary about the off-price business and what the post-pandemic future holds.
The U.S. recorded the highest number of deaths from the coronavirus illness COVID-19 since May on Tuesday, and continues to average close to 200,000 new cases a day, with hospitals across the nation reporting exhausted health care workers and steadily filling intensive care units.
Aurora Cannabis Inc. led a rally in the weed sector Tuesday that was fueled by hopes President-elect Joe Biden, finally cleared to move ahead with his administration’s transition, will push for reforms that will let companies access banks and capital markets.
The French government has sent notices to multinational internet companies that they should pay the country’s digital tax in December, a finance ministry spokesman said on Wednesday.
Orders for long-lasting goods such as computers and military weapons rose again in October and business investment increased for the sixth straight month, but it’s unclear if manufacturers can escape the fallout ahead from the record coronavirus outbreak. Durable-goods orders advanced 1.3% in October.
At least two of the nominees for top spots in the Biden administration are likely to help shape the global warming fight as a core feature of his presidency. And neither has “climate” or “energy” in their job title.
U.S. Treasury yields edged higher for a third day early Tuesday after President-elect Biden’s team was given permission to embark on the transition to a new administration, easing uncertainty about what further delays could spell for the economy and markets