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GameStop rallies as Chewy founder Ryan Cohen tasked with leading e-commerce shift16:45 GameStop Corp. shares jumped Monday after a report said Ryan Cohen, founder of online pet food supplier Chewy Inc., will lead the company’s transformation to an e-commerce based model. Nasdaq futures slammed as bond yields climb after Senate passes $1.9T coronavirus relief14:29 Tech stocks were set to open sharply lower Monday morning as bond yields climbed after the Senate passed President Biden’s $1.9 trillion COVID-19 relief package. Stocks lower as inflation worries, higher gas prices drag down markets10:38 U.S. equity futures are trading lower hours before the opening bell on Wall Street as higher inflation worries, lower unemployment figures and higher gas prices are pushing markets down. Greensill’s Key Clients Included West Virginia Gov. Jim Justice’s Coal Company4:37 Greensill Capital relied on a handful of clients for large portions of its revenue, including a coal miner owned by the governor of West Virginia, according to people familiar with Greensill’s operations and documents reviewed by The Wall Street Journal. China Feb exports post record surge from COVID-19-depressed 2020 levels7.March Exports in dollar terms skyrocketed 154.9% in February compared with a year earlier, while imports gained 17.3% Home construction may hit skids as new supply shortage looms6.March A shortage of a critical part used to build basements in new homes threatens to bring new construction to a standstill, delivering the latest blow to an industry that has been squeezed by rising mortgage rates and a lumber deficiency. SEC suing AT&T for telling analysts nonpublic information6.March The Securities and Exchange Commission is suing AT&T and three of its investor relations executives for telling Wall Street analysts about the telecom giant's sales data before it released quarterly results. Tesla launches social hub to boost policy initiatives5.March Tesla launched a social hub Friday in a bid to promote dialogue between the brand’s car owners and enthusiasts and the electric car maker’s public policy team. |
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