All posts by: r4ibom

One Medical’s parent company reported losing more than double the money expected in the first quarter of the year, and shares dropped in late trading Wednesday.

The company delivers approximately 45% of all fuel to the East Coast in a pipeline that stretches from Texas to the New York Harbor.

Shares of Poshmark Inc. fall more than 12% late Wednesday despite a narrower-than-expected quarterly loss and a 42% sales rise for the secondhand fashion retailer.

Shake Shack, which was launched in New York City, is expanding and suburban areas are a target.

The U.S. federal budget deficit widened to a record $1.9 trillion in the first seven months of the fiscal year as the government continued to provide support for the pandemic-ravaged economy.

The bank confirmed Aziz McMahon, head of emerging market sales, has left — he made a “substantial sum,” according to some reports.

Delivery Hero on Wednesday announced plans to re-enter its home market of Germany next month, less than two years after it sold its operations in the country to Dutch rival Just Eat Takeaway.

Fundstrat Global Advisors’s founder Thomas Lee says market capitulation could be at hand, thanks to a surge in the VIX and a plunge for the NYSE Tick Index.

After going through the worse recession among industrial nations last year, the U.K. is on track for one of the fastest recoveries.

Europe’s second-highest court on Wednesday annulled a European Commission ruling that ordered Amazon to pay some €250 million to Luxembourg.

Gold prices on Wednesday log their first back-to-back retreat so far this month, as a reading of U.S. inflation revealed the biggest monthly increase in 13 years, leading U.S. benchmark stock indexes to extend their decline and providing support for U.S. Treasury yields and the dollar

U.S. stock indexes trade sharply lower early Wednesday, after a reading on inflation for the year to April climbed 4.2%, marking the highest rate in about 13 years, reigniting fears that the Federal Reserve may need to dial back its easy money policies earlier than expected.

The global tally of confirmed cases of the coronavirus-borne illness COVID-19 edged closer to 160 million on Wednesday, as an independent panel said the crisis was preventable if world leaders had better coordinated their response and moved faster to limit illness and deaths.

Lithuania-based Vinted has been valued at €3.5 billion ($4.2 billion) in its latest fundraising round, highlighting growing investor appetite for sustainable fashion.

Grocery Outlet stock slumped nearly 12% in Wednesday trading after earnings.