LA Times union begs readers not to cancel the subscriptions that pay their salaries after blasting owner
The union representing employees of the Los Angeles Times implored readers not to cancel their …
Read MoreWhat Wall Street Analysts Think of UnitedHealth's Stock Ahead of Earnings
UnitedHealth Group is slated to report fourth quarter earnings before the market opens Thursday. Analysts are generally bullish ahead of the results.
Read MoreCentral Europe's banks can withstand car sector turmoil, S&P says
Turmoil in Europe's car sector could hit the central European economy and hurt banks' asset quality, S&P Global said on Tuesday, although it added that lenders were strong enough to withstand stress in their automotive portfolios. Automakers across Europe have announced plant closures and big layoffs as they struggle with weak demand, high costs, competition from China and a slower-than-expected transition to electric vehicles. The sector is a mainstay of central Europe's economic growth, accounting for 5% to 10% of the region's gross domestic product and 5% of its employment, according to S&P.
Read MoreS&P lowers Nissan's outlook to negative, affirms BB+ ratings
S&P Global Ratings revised Nissan Motor's credit outlook to negative from stable and affirmed its BB+ rating, as it expected it would take the Japanese automaker longer to improve its business performance. "The negative outlook reflects our view that the company's creditworthiness will continue to deteriorate if profitability does not improve and positive free cash flow is not secured," S&P said in a statement. Nissan has increased sales incentives in a bid to correct high inventory levels, which have risen due to a slowdown in car sales in North America, the company's main market, S&P said.
Read MoreEuropean electric car market suffers ‘devastating’ collapse after tax breaks scrapped
Falling electric vehicle (EV) sales in Germany dealt a “devastating” blow to the European market last year, as Chinese carmakers powered ahead of rivals in the West.
Read MoreMicrosoft Urges Shareholders to Vote Against a Proposal to Assess Bitcoin as a Diversification Investment: Filing
The National Center for Public Policy Research, a conservative think tank, has notified shareholders of …
Read MoreMolina Healthcare Stock Soars 18% as Premium Revenue Surges
Key Takeaways Shares of Molina Healthcare surged on Thursday after the health insurer reported strong …
Read MoreStock market today: Equities attempt rebound ahead of earnings season
A monthlong stock market decline sparked by surging bond yields could be interrupted by strong 4th quarter earnings.
Read MoreBought Your First Home? Take These 4 Steps Right Now
You’ve calculated how much you can afford to pay for a home, pulled together funds …
Read MoreFinanciers With Dubious Links to Gulf Royals Cloud $1 Trillion Market
(Bloomberg) -- Alex Georges Tannous came across as a man with many of the trappings that might be associated with Emirati royalty: a Rolodex full of rich friends, a lavish villa in Dubai and a diplomatic passport to boot. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoBut US federal prosecutors say that was all a mirage. The Lebanese national, who pitched himself to Texas small-business owners
Read MorePennsylvania House of Representatives passes pro-crypto bill
The Pennsylvania House of Representatives passed HB-2481 on Oct. 23, establishing a regulatory framework protecting …
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