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The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Shares of DiamondPeak Holdings, a special purpose acquisition company, jumped more than 20% during premarket trading on Monday after the company announced that it will
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TOPLINE Facebook and Vornado Realty Trust announced Monday the social media company has closed a long-discussed deal to lease 730,000 square feet of the historic Farley Building in Manhattan, in an apparent vote of confidence as real estate firms worry that businesses won’t need expensive office space if people don’t go back to the office
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Donald Trump has abandoned his opposition to Microsoft buying TikTok while vowing to ban the Chinese-owned video app in the US unless an American company acquired it by September 15. In remarks at the White House, Mr Trump added another complication to Microsoft’s pursuit of the app, insisting the US government should receive a portion
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Getty Images A majority of companies has now reported their earnings, revealing the winners and losers from the ongoing coronavirus pandemic. Although many companies failed to meet analyst expectations, there are some notable exceptions. And with these fresh insights, analysts are reviewing their short-term and long-term take on the stocks they cover. In this unprecedented
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Pre-covid, a table in an active adult community developer’s welcome center shows remaining inventory … [+] in various sections. Photographer: Patrick T. Fallon/Bloomberg BLOOMBERG NEWS Florida has had some well-publicized challenges lately, but homebuilders statewide are seeing a continued rebound of demand from buyers that surprises even them. Building company executives and owners I’ve spoken
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July saw a total of $42.61 billion in municipal bonds sold, a staggering 41.3% higher than July 2019’s total, as issuers continue to flood the market with deals, specifically taxable muni transactions. Taxable bond volume increased 518.3% month-over-month to $16.13 billion from $2.61 billion in July of 2019. Year-to-date, taxable volume sits at $68.98 billion.
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CNBC’s Jim Cramer said President Donald Trump’s Thursday morning tweet that suggested delaying the November election could cause problems for equity investors.  “It sows chaos, and chaos is bad for the stock market,” Cramer said on “Squawk on the Street.”  Dow futures extended their fall slightly in the wake of Trump’s tweet. They then made
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As we roll toward the half-year mark of the COVID-19 pandemic, the effects on work, office space, and focus have been profound. Executives can now be found working out of what had been guest rooms, attics, or walk-in closets. The need to work in corporate offices, once considered indispensable, is now being rethought in its
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Donald Trump has vowed to ban TikTok, the Chinese-owned video-sharing app, from operating in the US as his administration finalised a national security review of the company. The move, announced by Mr Trump as he flew back to Washington from Florida on Friday night, is likely to further inflame geopolitical tensions with China. It also
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The number of accounts holding more than one million XRP has increased by 3.7% with 30 new whales appearing over the last two weeks, according to Santiment’s holder distribution chart.  These investors now hold between $240,000 and $2.4 million in XRP each, which has contributed to upwards pressure on price. After a fairly uninspiring few
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