Category: Investing

Egyptian billionaire Naguib Sawiris oil prices and airlines

Egyptian billionaire Naguib Sawiris says he would buy airlines, going against fellow billionaire investor Warren Buffett, who announced that Berkshire Hathaway sold all...

Goldman Sachs trader says Wall Street never the same after coronavirus

Moran Forman of Goldman Sachs, 33, in her home office in the Chelsea neighborhood of New York. Source: Goldman Sachs Each weekday morning, Moran Forman wakes up in her...

Activist fund with a soft touch looks to shake up a wireless company that’s lost its way

A Sierra Wireless display at a trade show. Source: Sierra Wireless Lion Point Capital, run by alumni of Elliott Associates, Perry Capital and Starboard Value, struck an...

Large public companies are taking small businesses payroll loans

Hundreds of millions of dollars of Paycheck Protection Program emergency funding has been claimed by large, publicly traded companies, new research published by Morgan...

Jim Cramer discusses Amazon’s hiring and response to the coronavirus

Amazon’s dominance has been solidified during the coronavirus pandemic, but the consequences of that are complicated, CNBC’s Jim Cramer said Thursday. ...

Cramer praises Fed on $2.3 trillion in business, municipality loans

CNBC’s Jim Cramer on Thursday praised the Federal Reserve‘s latest moves to help keep afloat a U.S. economy that’s been battered by the coronavirus...

Dimon says under adverse scenario, JPMorgan might suspend dividend

People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Jamie Dimon said Monday that in a...

Mohamed El-Erian offers plan for investors who want to buy into market

Mohamed El-Erian said Wednesday that he would be hesitant to put cash to work, arguing the stock market is still on a downward trend due to the coronavirus pandemic....

Bill Ackman says his CNBC interview was bullish, denies harming market

Pershing Square Capital manager Bill Ackman defended his emotional CNBC appearance last week after his fund announced a few days later that it made over $2 billion on...

Breaking down this sell-off, among the most extreme and rare Wall Street has ever seen

A man cleans up on the trading floor, following traders testing positive for Coronavirus disease (COVID-19), at the New York Stock Exchange (NYSE) in New York, U.S.,...