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April 15, 2021


Breakingviews – Capital Calls – LVMH surges back to full health

A Louis Vuitton logo is seen outside a store on the Champs-Elysees in Paris, France, September 18, 2020. REUTERS/Charles Platiau MILAN (Reuters Breakingviews) – BLING BOUNCE. LVMH has bounced back with a vengeance from its pandemic sales sickness. The maker of $2,500 Speedy bags and $6,000 Tag Heuer watches on......

Biden, Harris won’t address migrant surge’s ‘root causes’ because they are one

Post Editorial Board Border Patrol agents nabbed about 168,000 people crossing at the southern border in March, a 20-year high. Yet neither President Joe Biden nor Vice President Kamala Harris, who he’s put in charge of dealing with the “root causes” of the migrant surge, has deigned to visit the......

US jobs creation surges in March as recovery gains steam

https://www.bbc.co.uk/news/business-56616636 “The better than expected 916,000 rebound in non-farm payrolls in March still leaves employment 8.4 million below its pre-pandemic peak from just over a year ago, but with the vaccination program likely to reach critical mass within the next couple of months and the next round of fiscal stimulus......

Biden Infrastructure, Chauvin Trial, COVID Surges in South Asia : Up First

NPR President Biden is pitching his next big piece of legislation, a two trillion dollar infrastructure plan he says will restart the economy. Day two of Derek Chauvin’s murder trial included some emotional witness testimony. And, after making significant progress in the fight against the coronavirus, infections are surging again......

Payments Start-Up Stripe Surges to $95 Billion Valuation

New York Times
The payments company Stripe is worth $95 billion after a new round of funding, making it the most valuable start-up in the United States. The San Francisco and Dublin-based company said on Sunday that it had raised $600 million in new funding from investors including Sequoia Capital, Fidelity Management and......

Chinese electric carmakers add $13.65 billion in value as Tesla surges

CNBC – For more and to sign up click here A Nio ES6 electric vehicle is on display at an automotive experience area of Wanda Plaza on Nov. 28, 2020 in Beijing, China. VCG | Visual China Group | Getty Images GUANGZHOU, China — Three U.S. listed Chinese electric carmakers......

WHO says Europe sees 1 million new COVID cases as virus surges

CBS News
CBS News – For more and to sign up click here Watch CBSN Live CBS News senior foreign correspondent Elizabeth Palmer reports from London on the global impacts of COVID-19. Copyright © 2021 CBS Interactive Inc. All rights reserved. Source link To Return to the Main Aggregate News Page –......

GLOBAL MARKETS-Wall Street surges on jobs data, global equity markets regain ground

(New throughout, updates prices, market activity and comments) NEW YORK, March 5 (Reuters) – Wall Street and a gauge of global equity markets on Friday recovered from earlier losses as investors took stock of a report that showed faster-than-expected U.S. jobs growth but which had previously stoked inflation concerns. Trading......

Job growth surges in February on hiring jump in restaurants and bars

CNBC – For more and to sign up click here Hiring surged in February as the U.S. economic activity picked up amid a progressive drop in Covid-19 cases and vaccines provided hope of more growth ahead. The Labor Department on Friday reported that nonfarm payrolls jumped by 379,000 for the......

Etsy stock surges on earnings beat and strong guidance

CNBC – For more and to sign up click here An employee walks past a quilt displaying Etsy signage at the company’s headquarters in Brooklyn, New York. Victor J. Blue | Bloomberg | Getty Images Etsy reported better-than-expected fourth-quarter results after the bell on Thursday, including soaring profits and 129%......

Breakingviews – Capital Calls: Bill Ackman’s SPAC surges

U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration New York (Reuters Breakingviews) – Concise insights on global finance in the Covid-19 era. ————————————————- SO MUCH CONFIDENCE. SPAC investors are betting on Bill Ackman, then betting on him......

Bitcoin surges to all-time high after BNY Mellon embraces cryptocurrencies

FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken Dec. 8, 2017. REUTERS/Benoit Tessier LONDON (Reuters) – Bitcoin on Thursday jumped over 8% to an all-time high of $48,481 after Bank of NY Mellon said it had formed a new unit to help......

Cannabis stocks soar as Reddit crowd that spiked GameStop jumps in, Tilray surges 45%

CNBC – For more and to sign up click here Shares of a handful of cannabis stocks are surging on Wednesday, the newest set of targets from the Reddit trading community betting on the federal legalization of the plant under the new Democratic administration. Shares of Tilray are up about......

Container shipping locked in a ‘significant bottleneck’ as demand surges back

CNBC – For more and to sign up click here Maersk containers onboard the container ship Hammonia Husum, as it leaves Portsmouth harbour. (Photo by Andrew Matthews/PA Images via Getty Images) Andrew Matthews | PA Images | Getty Images Container shipping firms are locked in a “significant bottleneck” as resurgent......

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