Industry News

Lender SoFi is back from the brink with a new strategy to target the ‘everyman’

CEO Anthony Noto has got SoFi past a rocky period. But can the company soar again?

Source: Fortune | 28 Jan 2020 | 7:30 am

Here are Tuesday's biggest analyst calls of the day: Uber, Beyond Meat, Slack, Foot Locker & more

Here are the biggest calls on Wall Street on Tuesday.

Source: Top News and Analysis (pro) | 28 Jan 2020 | 7:26 am

Oil giant Total is being sued by cities and NGOs for not fighting climate change hard enough

The legal challenge is the latest sign that the biggest oil companies are coming under increasing pressure from activists, investors and governments to cut emissions as the fight against climate change ramps up.

Source: Fortune | 28 Jan 2020 | 7:15 am

Record number of bets expected for Super Bowl

This year's Super Bowl will be the most legally bet on Super Bowl in history. New data by the American Gaming Association says 26 million Americans will wager approximately $6.8 billion on Super Bowl LIV, a 15% increase from last year's game as the Kansas City Chiefs face off against the San Francisco 49ers.

Source: Top News and Analysis (pro) | 28 Jan 2020 | 7:15 am

Huawei allowed limited access to UK's 5G networks as Britain defies US pressure

Britain will allow Chinese telecommunications giant Huawei to play a limited role in its next generation 5G mobile networks, defying pressure from the U.S.

Source: Top News and Analysis (pro) | 28 Jan 2020 | 7:09 am

What to watch today: Dow to bounce, coronavirus cases spike and Boeing secures financing

U.S. stock futures are higher after the worst day of 2020 for stocks, but the projected rebound will only make a small dent in Monday's losses.

Source: Top News and Analysis (pro) | 28 Jan 2020 | 7:04 am

Uber's self-driving cars are a key to its path to profitability

Uber plans to launch its self-driving cars in pockets of cities where weather, demand and other conditions are most favorable.

Source: Top News and Analysis (pro) | 28 Jan 2020 | 7:01 am

McDonald's unveils two chicken breakfast sandwiches to compete with Chick-fil-A

For a limited time, McDonald's customers can buy Chicken McGriddles and the McChicken Biscuit sandwich nationwide for breakfast.

Source: Top News and Analysis (pro) | 28 Jan 2020 | 7:01 am

Arizona’s very first luxury resort—originally opened in 1896—is back in business

Castle Hot Springs, a celebrity-approved desert hideaway, is back after a 40-year closure.

Source: Fortune | 28 Jan 2020 | 7:00 am

3M forecasts 2020 profit below estimates on weak Asia demand; cuts 1,500 jobs

U.S. industrial giant 3M reported a 28% fall in quarterly profit on Tuesday due to restructuring and litigation charges and said it would cut 1,500 jobs globally as it looks to reduce costs.

Source: Top News and Analysis (pro) | 28 Jan 2020 | 6:48 am

Beyond Meat shares fall after JPMorgan says good news 'baked in' and downgrades the red hot stock

The firm lowered its rating to neutral from overweight and dropped its price target to $134 from $138.

Source: Top News and Analysis (pro) | 28 Jan 2020 | 6:47 am

Coronavirus vs. SARS: Health experts on the key differences between the two outbreaks

The direct comparison comes as market participants try to understand the potential economic impact of the latest outbreak.

Source: Top News and Analysis (pro) | 28 Jan 2020 | 6:18 am

Companies respond to the coronavirus outbreak

The intensifying spread of the virus is roiling markets and leading companies to suspend employee travel.

Source: Fortune | 28 Jan 2020 | 6:16 am