Stuff that matters
American Express Co AXP.N said on Thursday it was investing $1 billion to advance racial and gender equality, the latest in a line of U.S. companies pledging to promote social justice after a series of race-related protests earlier in the Read more
Oil producer ConocoPhillips, which is buying Concho Resources Inc for $8.3 billion, posted a smaller-than-expected quarterly loss on Thursday as it benefited from a recovery in crude oil prices from pandemic-driven lows. Oil prices began recovering in the third quarter Read more
Walt Disney Co’s Disneyland theme park in Paris will close again as France heads back into lockdown to fight a second wave of coronavirus infections, the company said on Thursday. Disneyland Paris shut down in March, when the virus was Read more
While economic growth galloped to produce the strongest three-jump month jump in U.S. history in July, August and September, more critical to the recovery now is how much of that momentum survives the possible upheaval of next week’s election and Read more
New York Stock Exchange owner Intercontinental Exchange Inc ICE.N on Thursday reported third-quarter profits that beat expectations, helped by its recent $11 billion acquisition of mortgage technology platform Ellie Mae, and financial data sales. ICE bought Ellie Mae to strengthen Read more
The Trump rally, a trade war, and then a crippling pandemic: The four years since President Donald Trump’s 2016 election victory have been a period like no other for the U.S. stock market. Hours after Trump’s unexpected win on Nov. Read more
Retail investors placed bids for a record $3 trillion of shares in Ant Group Co Ltd’s initial public offering (IPO), set to be the world’s biggest, as mom-and-pop savers bet on demand for its financial services in China. Ant’s dual Read more