Recent Posts

Airbus facing $340 million lawsuit over bribery scandal

  Bloomberg Airbus SE is facing a 300 million euro ($340 million) lawsuit from a group of investors over allegations it failed to properly disclose a sprawling corruption scandal and subsequent settlement. The lawsuit, filed in the Netherlands, was served against the French aircraft maker, its auditors as well as current and former executives, according to an emailed statement sent ...

Read More »

Meme stocks surge with retail investors dipping back in after slump

  Bloomberg Renewed retail investor demand and quarterly results from Bed Bath & Beyond Inc. weren’t enough to lift beaten down meme stocks as the group resumed declines after a volatile session. A basket of so-called meme stocks tracked by Bloomberg extended a three-day losing streak even as Bed Bath & Beyond jumped 8% after its adjusted gross margin in ...

Read More »

Walmart halves paid leave for workers testing Covid positive

  Bloomberg Walmart Inc. is cutting paid leave in half for workers who test positive for Covid-19 or have to quarantine after exposure to the virus, offering only one week through March 31 rather than two. Employees who catch Covid and are unable to return to work after a week may be eligible for pay replacement for as long as ...

Read More »
Send this to a friend