UBS Group, which manages $2.6 trillion in assets for some of the world’s wealthiest people, will now advise private clients to opt for sustainable investments over more traditional options when appropriate, the first major financial institution to do so. While traditional investments will remain most suitable in some circumstances, UBS UBS, -0.89% believes a […]
Corporate borrowing is off to the races. Getty Images Companies wasted no time going back to the borrowing trough after the long Labor Day weekend. U.S. investment-grade companies already borrowed $46.7 billion in the bond market this month through Wednesday, a single day that accounted for $21.3 billion of the total, according to BofA Global […]
Tyler “Ninja” Blevins plays “Call of Duty: Black Ops 4” during the Doritos Bowl 2018 at TwitchCon 2018 in San Jose, Calif. Getty Images Ninja is back with Twitch. The world’s most famous videogamer announced Thursday he will return exclusively to Amazon.com Inc.’s AMZN, -2.86% live-streaming platform, a year after he left for greener pastures […]
GoFundMe/courtesy Tammie Mabry When he couldn’t reach his cousin Jake Hyland on Monday, Jim Mabry drove to his family’s remote property in rural Washington state, where wildfires turned pastures of 4-foot-high sage into dust. Jake and his wife, Jamie, along with their 1-year-old son, Uriel, were visiting their land in Okanogan County when flames from […]
Peloton Interactive Inc. reported fiscal fourth-quarter earnings Thursday afternoon. MarketWatch photo illustration/iStockphoto A year after its initial public offering, Peloton Interactive Inc. is pedaling toward new highs amid a pandemic that is forcing people into their homes and away from gyms, creating demand for at-home fitness equipment. Peloton PTON, -3.75% on Thursday wrapped up its […]
In 2017, two Republican senators from deep-red Southern states — Bill Cassidy of Louisiana and Lindsey Graham of South Carolina — introduced legislation that would have effectively killed Obamacare. And this year, the two Black men running to replace them are reminding voters of what the “Graham-Cassidy” plan would have done to health care in […]
The San Francisco skyline is obscured in orange haze Wednesday. AFP/Getty Images JP Morgan Chase & Co. entered the green-bond world on Wednesday, offloading the bank’s first set of bonds specifically to fund projects with a sustainability bent. While the banking giant has arranged debt with an environmental or social-good purpose for its clients and […]
In six months, COVID-19 has caused the death of almost 190,000 Americans and infected over 6 million more. The U.S. economy has been battered. Millions have lost their jobs and thousands of businesses have been forced to close. What are the implications from this for U.S. politics? Analysts have spoken to the immediate impacts on President Donald Trump’s […]
TikTok’s Chinese parent, ByteDance Ltd., is discussing with the U.S. government possible arrangements that would allow the popular video-sharing app to avoid a full sale of its U.S. operations, according to people familiar with the matter. Discussions around such an option have risen in prominence since the Chinese government took steps that make a sale […]
A European Union privacy regulator has sent Facebook Inc. a preliminary order to suspend data transfers to the U.S. about its EU users, according to people familiar with the matter, an operational and legal challenge for the company that could set a precedent for other tech giants. The preliminary order, the people said, was sent […]