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Thursday, June 20, 2019
Real estate agents say continued tight inventory and fewer than usual purchases in January contributed to a double-digit decrease in York County housing sales in the first quarter of this year compared to the same period in 2018. Figures released last week by the Maine Association of Realtors show...
Dara Khosrowshahi, now CEO of Uber, on July 7, 2016 in Sun Valley, IdahoDrew Angerer | GettyWhen Uber starts trading publicly in the coming weeks, it will join a very exclusive but less-than-desirable club — companies worth at least $50 billion that are losing money.Of the 110 U.S....
The incumbent didn't win. The small businessman didn't win. And the outsider looking to shake up town hall didn't win. It's hard to imagine Reading voters saying we need more financial veterans on the Select Board but is there any other conclusion after Tuesday's town election? Anne Landry...
To be sure, there are still few if any economists who think an actual recession is near. Zandi, the Moody's economist, said the current jobs market is strong enough that it suggests an economy that is "struggling" rather than one in recession. ...
Lintao Zhang | Getty Images News | Getty Images Chinese Premier Li Keqiang speaks at a press conference in the Great Hall of the People on January 31, 2018 in Beijing, China.  China...
President Donald Trump told CNBC on Monday he believes China will make a deal with the U.S. "because they're going to have to."In a wide-ranging telephone interview on "Squawk Box, " Trump defended his threats to slap tariffs on Mexico and China, which he said are...
As the market's largest and most heavily-traded stocks reached unprecedented heights during the bull market, an interesting dynamic was playing out under the surface. The higher share prices for Facebook, Apple, Amazon, Netflix, and Google rose, the more investors bet against those stocks. On the...
SINGAPORE (AP) — Asian stocks were mostly lower with light trading on Monday as a Wall Street slump and a partial U.S. government shutdown stemmed holiday cheer.KEEPING SCORE: South Korea's Kospi dropped 0.2 percent to 2,058.19 while the Shanghai Composite index rose 0.1 percent to 2,519.71. Hong Kong's...
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 5, 2019. REUTERS/Brendan McDermidNEW YORK (Reuters) - Investors pulled approximately $4.7 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week as concerns about escalating...
J.P. Morgan Chase CEO Jamie Dimon said that the escalating U.S.-China trade dispute is a "real issue" that could damage corporate confidence. "I think trade is a real issue," Dimon said Tuesday in a conference in New York. "Trade has gone from being a skirmish to being...

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HomeStreet defeats activist Roaring Blue Lion in proxy contest: source

BOSTON (Reuters) - HomeStreet Inc defeated Roaring Blue Lion Capital Management’s campaign to unseat one director and install its own candidate, ending a...

Airbus demands chance to bid for IAG’s surprise Boeing 737 MAX order

PARIS (Reuters) - Airbus called on Thursday for a chance to compete for a blockbuster plane order by British Airways owner IAG, which...

Slack CEO Butterfield explains why it didn’t go public with an IPO

Slack CEO Stewart Butterfield poses for photos outside the New York Stock Exchange before his company's IPO, Thursday, June 20, 2019.Richard Drew |...

AP moller-maesrk has altered its route through the Strait of Hormuz

A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship.Balint Porneczi | Bloomberg | Getty ImagesA.P. Moller-Maersk has changed the...