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Industry News

Glittering gold distracts from Tokyo Olympics woes

Chinese shooter Yang Qian grabbed the first gold, the morning after tennis superstar Naomi Osaka lit the Olympic cauldron to officially open the delayed 2020 Games.

Source: Top News and Analysis (pro) | 24 Jul 2021 | 4:45 am

China orders Tencent to give up exclusive music licensing rights as crackdown continues

China's antitrust regulator ordered Tencent to give up its exclusive licensing rights with international record labels and slapped a $$77,000 fine on the company.

Source: Top News and Analysis (pro) | 24 Jul 2021 | 12:22 am

Earnings and the Federal Reserve are next big catalysts as stocks enter week ahead on an upswing

Here comes one of the biggest market weeks of the summer.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 5:25 pm

Rivian raises $2.5 billion in new funding round led by Amazon, Ford

The electric vehicle start-up said it has raised about $10.5 billion to date.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 4:44 pm

Appeals court blocks CDC restrictions on cruises in win for Florida

An appeals court sided with Florida in its challenge against federal regulations for cruise ships hours after Florida brought the case to the Supreme Court.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 4:40 pm

Companies from Chipotle to Whirlpool are raising prices on consumers because of higher costs

Several companies that reported quarterly results in the past two weeks said they've seen preliminary success from their pricing actions.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 3:30 pm

The rapid growth the U.S. economy has seen is about to hit a wall

The U.S. economy is expected to post another roaring growth spurt in the second quarter, before a slow and steady dose of reality starts to sink in.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 3:05 pm

How a Walmart worker with Down syndrome, and her sister, beat the giant retailer after getting fired

The former Walmart employee's sister says she hasn't stopped fighting and wants to make sure no other employees with disabilities wrongfully lose their jobs.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 2:49 pm

These companies reporting earnings next week usually beat expectations and see their stocks rise

Here are the companies with strong track records reporting in the biggest week of earnings season.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 1:55 pm

Uber's stake in Didi shrank by $2 billion this week amid China crackdown on U.S. listings

After Didi's stock market debut last month, Uber owned a stake worth over $9 billion in the Chinese ride-hailing company. That's dropped by half.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 1:55 pm

Amazon hiring a digital currency and blockchain expert, signaling growing interest in cryptocurrency

Currently, Amazon doesn't accept any cryptocurrencies as payment for its products.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 1:51 pm

Israel says Pfizer shot is just 39% effective as delta spreads, but still prevents severe illness

Pfizer and BioNTech's Covid-19 vaccine is just 39% effective against delta in Israel, but still provides strong protection against severe illness and hospitalization.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 1:23 pm

Yields are driving the market action. Here's what chart analysts are watching before making a move

Some chart strategists say there are signs yields may have bottomed.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 1:22 pm

Yellen urges Congress to raise or suspend the debt limit by Aug. 2

Treasury Secretary Yellen warned her department will start "extraordinary measures" on Aug. 2 if lawmakers don't raise the debt ceiling.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 1:14 pm

China sanctions Wilbur Ross, others over U.S. warning about Hong Kong business conditions

China said it has imposed sanctions on seven people, including former Commerce Secretary Wilbur Ross, in response to U.S. penalties.

Source: Top News and Analysis (pro) | 23 Jul 2021 | 1:08 pm