(Bloomberg) — Alibaba Group Holding Ltd. led a selloff in Chinese tech giants triggered by fears antitrust scrutiny will spread beyond Jack Ma’s Internet empire and ensnare more of the country’s most powerful corporations. China’s e-commerce leader on Monday raised a proposed stock repurchase program by $4 billion to $10 billion, effective for two years through the end of 2022. The buyback program, which began this quarter, failed to stem a slump in the shares, which slid more than 5%… Source link
Read More »KFC launches game console with built-in chicken warmer
TipRanks 3 Monster Growth Stocks That Can Charge Forward in 2021 With 2020 winding down, there’s a growing belief that 2021 is going to be a growth year for the stock markets. The US elections have returned a divided government, one unlikely to have the broad majorities – or the broad support – needed to enact wide-ranging reform legislation from either the right or left, and that bodes well for the economy generally.The COVID vaccines are entering distribution, and while new anti-virus… Source link
Read More »Urban Meyer could spur college coaches to jump to pros
Urban Meyer’s name shot through the NFL stratosphere on Sunday after an ESPN report indicated at least two NFL franchises made initial contact about him being their next head coach. Meyer becoming an NFL coach could become a reality over the next 10 days or so, as sources confirmed to Yahoo Sports that there has been outreach by multiple franchises to gauge Meyer’s interest. The news broke on a day when Jacksonville solidified itself as perhaps the NFL’s most intriguing destination, as Source link
Read More »Could Trevor Lawrence change how NFL handles London?
With little fanfare across the NFL — but unmistakable joy inside the domestic fan base of the Jacksonville Jaguars — the contract tying London to its most familiar American football franchise ended in October. For all intents and purposes, the Jaguars’ obligation to London expired. Unless you are somewhere inside the orbit of the Jacksonville franchise or spend your time studying the NFL’s unrelenting drumbeat of business operations, you probably didn’t notice. But there’s a reason… Source link
Read More »What to know in the week ahead
This week will mark the last in calendar year 2020, and it will be holiday-shortened yet again. The stock and bond markets in the U.S. will close all day on Friday in observation of New Year’s Day. Few major economic data releases or earnings reports are slated for the week, giving traders a chance to pause at the end of a historic year. Even amid a coronavirus pandemic that upended daily life around the world, U.S. equities are poised to close out the year sharply higher. As of market close… Source link
Read More »President Trump signs bill that includes $900 billion stimulus deal after delay
The Guardian Alternative facts, witch-hunt, bigly: the Trump era in 32 words and phrases His rally speeches and manic Twitter feed conjured new slogans and insults or revived incendiary wordsDonald Trump not only changed much about campaigning, governing and the ways of Washington, even the language of American politics has altered during the Republican’s tenure. Trump’s rollicking rally speeches and manic Twitter feed conjured new slogans and insults or revived incendiary words with long… Source link
Read More »President Trump signs COVID relief, government funding bill
TipRanks 3 Monster Growth Stocks That Can Charge Forward in 2021 With 2020 winding down, there’s a growing belief that 2021 is going to be a growth year for the stock markets. The US elections have returned a divided government, one unlikely to have the broad majorities – or the broad support – needed to enact wide-ranging reform legislation from either the right or left, and that bodes well for the economy generally.The COVID vaccines are entering distribution, and while new anti-virus… Source link
Read More »Alibaba Group Upsizes Share Repurchase Program to US$10 Billion
TipRanks 3 Monster Growth Stocks That Can Charge Forward in 2021 With 2020 winding down, there’s a growing belief that 2021 is going to be a growth year for the stock markets. The US elections have returned a divided government, one unlikely to have the broad majorities – or the broad support – needed to enact wide-ranging reform legislation from either the right or left, and that bodes well for the economy generally.The COVID vaccines are entering distribution, and while new anti-virus… Source link
Read More »Roger Federer to miss 2021 Australian Open, per agent
Switzerland’s Roger Federer will sit out another Grand Slam while he rehabs. (Rodger Bosch/AFP via Getty Images) Roger Federer will not play the Australian Open as he continues to come back from two operations on his right knee, his agent told the Associated Press. Federer last played the 2020 Australian Open in January. He skipped the rest of the pandemic-altered 2020 tennis calendar while rehabbing and watched Rafael Nadal tie his all-time men’s record of 20 Grand Slam titles in October.
Read More »Whatsapp to stop working on 1 Jan: Are you affected? – Yahoo Finance Australia
Bloomberg Stocks, Equity Futures Climb; Dollar Edges Lower: Markets Wrap (Bloomberg) — U.S. equity futures pushed higher with most Asian stocks Monday after President Donald Trump signed a coronavirus stimulus package. The dollar ticked lower with Treasuries.S&P 500 contracts climbed as the White House confirmed that Trump had approved the combined $2.3 trillion Covid-19 relief and government funding package. Shares advanced in Tokyo, Seoul and Shanghai. The Bloomberg Dollar Spot Index dipped… Source link
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