Micron Technology Inc. shares jumped in after-hours trading Monday after the memory-chip maker said sales jumped in the third quarter and are expected to exceed expectations in the final period of its fiscal year. Micron MU, +1.35% reported fiscal third-quarter net income of $803 million, or 71 cents a share, compared with $840 million, or […]
The fear of catching the coronavirus has evidently played a much bigger role in consumers staying at home and avoiding stores than government-ordered lockdowns, according to a new paper whose findings raise fresh questions about how quickly the economy will return to normal. Using cell-phone data on which stores millions of people visited, economists Austan […]
The number of confirmed cases of the coronavirus illness COVID-19 topped 10 million around the world and the death toll surpassed a half million over the weekend, and Florida, South Carolina and Nevada all recorded their highest number of new infections in a single day. Florida counted 9,585 new cases on Saturday, followed by 8,530 […]
The difference between being one of the most recognized people in the world and being one of the most admired is worth about $180 million dollars, according to global beauty company Coty. Inc. Coty COTY, +13.39% announced Monday a “strategic relationship” in which it paid $200 million for a 20% stake in reality TV star […]
Oil futures finished higher Monday, buoyed by some recovery in energy demand, even with that recovery threatened by the possibility of another round of shutdowns as global cases of COVID-19 top 10 million. “As global demand recovers, oil’s natural inclination is to go higher, since current prices are below the economic threshold for most producers,” […]
Israel’s regulator has ordered an evangelical Christian broadcaster’s new channel off the air, saying it applied to serve a Christian audience but instead has sought to persuade Jews with the gospel of Jesus. In a statement, the Cable and Satellite Broadcasting Council said its chairman, Asher Biton, told the Israeli cable provider Hot on Thursday […]
LOUISVILLE, Ky. — A frequent participant in Louisville’s month of protests has been accused of fatally shooting a photographer in the city’s Jefferson Square Park after a dispute with another person. Steven Nelson Lopez, 23, is facing charges of murder and first-degree wanton endangerment, Louisville Metro Police officials said Sunday after releasing his arrest citation. […]
Shooter opens fire into park in Louisville, Kentucky (Reuters) – Police arrested a man over a weekend shooting that killed one person in a park in Louisville, Kentucky that has become a center for protests against the police killing of a Black woman in her home in March. The suspect taken into custody had opened […]
Sama El-Masry at the 38th Cairo International Film Festival – AFP A high-profile Egyptian belly dancer has been sentenced to three years in prison and received a £15,000 fine for sharing photos and videos of herself on social media that were deemed to incite “debauchery” and “immorality” in a country with conservative social norms. Cairo’s Misdemeanours […]
“ ‘If you don’t have a tail hedge, I suggest not being in the market we’re facing a huge amount of uncertainty.’ ” That’s “Black Swan: The Impact of the Highly Improbable” author Nassim Nicholas Taleb offering his view on the risks swirling in the market and a growing lack of clarity about the future in the […]