Investors have worried that including Tesla Inc’s notoriously volatile shares in the S&P 500 will exacerbate gyrations in the broader index, but some analysts say that’s unlikely to happen. The…
Category: Business
Trump signs bill that could kick Chinese firms off U.S. stock exchanges
President Donald Trump on Friday signed legislation that would kick Chinese companies off U.S. stock exchanges unless they adhere to American auditing standards, the White House said, giving the Republican…
Hilcorp’s Harvest Alaska unit completes BP Alaska acquisition
Privately held Hilcorp Energy Co said on Friday its unit completed a $5.6 billion acquisition of BP Plc’s business in Alaska, taking over the region the British oil major had…
Fed’s Clarida says current policy ‘exactly where we want it’
Federal Reserve Vice Chair Richard Clarida on Friday said further fiscal support would help get the economy through what he expects to be a “rough” next couple of months as…
Oil settles up, marking seventh straight weekly gain
Oil settled up at a nine-month high on Friday, rounding out seven straight weeks of gains as investors focused on the rollout of COVID-19 vaccines and a decline this week…
Coinbase picks Goldman Sachs to lead listing plans
Cryptocurrency exchange Coinbase Inc has hired Goldman Sachs Group Inc to lead preparations for its planned stock market listing, a person familiar with the matter said on Friday. San Francisco-based…
SolarWinds hackers broke into U.S. cable firm and Arizona county, web records show
Suspected Russian hackers accessed the systems of a U.S. internet provider and a county government in Arizona as part of a sprawling cyber-espionage campaign disclosed this week, according to an…