European stocks retreat on U.S. debt ceiling concerns; Commerzbank slumps
European stock markets traded in a cautious fashion Wednesday given the U.S. debt ceiling uncertainty and ahead of the release…
Property insurer SageSure turns ‘unicorn’ after $250 million funding round – source
(Reuters) – SageSure became a “unicorn” after the U.S. property insurer raised $250 million in its latest funding round, a…
AutoNation names Thomas Szlosek as CFO
(Reuters) – AutoNation Inc (NYSE:AN) named Thomas Szlosek as its chief financial officer, effective on or about Aug. 7, the…
Wall St falls as Home Depot, retail sales data weigh
(Reuters) – U.S. stocks fell on Tuesday after a dour forecast from Home Depot (NYSE:HD) and April retail sales data pointed to…
Blue Apron unveils plan to transfer operational infrastructure to FreshRealm
Blue Apron (NYSE:APRN) shares jumped in early U.S. trading on Tuesday after the online meal kit delivery service announced a plan…
Dollar General a ‘textbook recession play,’ hard landing would be helpful, says Wells Fargo
Dollar General (NYSE:DG) was maintained at Overweight with a $245 price target at Wells Fargo Tuesday, with analysts stating that…
EUR/USD: Dollar Seeks Direction as Traders Zero in on Retail Sales Data
An increase of 0.7% month-on-month is expected in overall retail sales after two straight months of declines. The EUR/USD pair was floating…
Polestar COO calls for partnerships to tackle supply chain decarbonization challenges
Polestar Auto (NASDAQ:PSNY) COO, Dennis Nobelius said Tuesday that the electric automaker is open to partnerships to tackle the challenges…
AstraZeneca to leave leading U.S. drug lobby group
(Reuters) – AstraZeneca (NASDAQ:AZN) has decided to leave the main U.S. drug lobby group, the Pharmaceutical Research and Manufacturers of…
Russian authorities allow car dealer Avilon to buy VW assets – Interfax
Russian authorities have signed off on a sale of Volkswagen’s (ETR:VOWG_p) assets in the country to car dealer Avilon for…