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Wall Street is getting greedy again
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| The calendar has flipped to 2022 but investors are still partying like it's 2021. Stocks remained near record levels Monday, the first trading day of the year, and investors are ramping up the greed. Read more » |
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AMC CEO vows on Twitter to refinance movie theater chain's debt load
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| Movie theater chain AMC was a darling of the meme stock crowd in 2021, soaring nearly 1,200% last year thanks to love from rowdy Reddit fans. So what does AMC plan to do for a sequel? For starters, it wants to clean up its balance sheet, which is scarier than a slasher horror film. Read more » |
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Apple has become the world's first $3 trillion company
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| Apple has reached yet another major milestone. The iPhone maker topped a market value of $3 trillion Monday — the first publicly traded company ever to be worth that much. Read more » |
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Starbucks mandates vaccinations or Covid tests for workers
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| To comply with the Biden administration's upcoming vaccine mandate, Starbucks is requiring its workers to be fully vaccinated against Covid-19 or undergo weekly testing, the company recently told employees. Read more » |
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Disney needs a comeback year. Will it get it?
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| Disney did not have a magical 2021. Even as Covid-19 vaccines allowed countries around the world to lift restrictions, the company's business struggled. Attendance at its parks disappointed, and momentum from its Disney+ streaming service, once a bright spot, cooled off. Read more » |
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Turkey's inflation soars to 36%, setting a new record for Erdogan era
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| Turkey's annual rate of inflation has hit a 19-year high as a currency collapse sends the cost of imports soaring. Read more » |
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