Volkswagen AG is about to get very acquainted with San Francisco.
That is where hundreds of U.S. lawsuits the German auto maker faces over its emissions scandal will be sent, a federal panel ruled Tuesday, after weighing arguments in favor of nearly 30 cities across the country.
The lawsuits — brought on behalf of dealers, owners and lessees of Volkswagen
VLKAY, -1.77% Continue reading
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Can Apple’s Continue reading
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Southwest’s stock selloff weighs heavily on airline sector
Airline stocks fell Tuesday, as a downbeat revenue outlook from one of the sector’s stellar performers—Southwest Airlines Co.—weighed on investor sentiment.
Southwest’s stock Continue reading
Dave & Buster’s Continue reading
Sainsbury’s became one of just two stocks to survive the latest equity sell-off on the FTSE 100 on Tuesday, as the global commodity price rout wiped more than £22bn off Britain’s biggest companies.
A bullish broker note helped Britain’s second biggest supermarket remain in positive territory. Stifel upgraded the stock from “hold” to “buy” due to its strong underlying sales growth compared to its peers.
Stifel’s James Collins, said Continue reading
Cork publican Billy O’Flynn and Wicklow restaurant owner Sau Kuen Hung make biggest settlements
about 11 hours ago Continue reading
Those looking for some December cheer may instead face a few more gloomy sessions, given oil’s seemingly endless drop.
Global stocks aren’t too happy about things this morning, and that includes U.S. stock futures as investors still come to grips with the notion that OPEC really is just going to stand by and watch crude prices keep tanking. There isn’t any big data to distract us today and the Fed meeting is still a week away, so there may be nothing to watch but oil.
The chatter this morning is about how hard it’s going to be for oil to recover from the latest fallout. Those looking for elements of support aren’t finding much, and that’s laid out in our call of the day, Continue reading