Short squeezes will remain a big story in the financial-news media until heavily shorted stocks that have been pushed up by individual investors connected through social media come crashing back to earth. The biggest “winners” during this craze have been GameStop, up 1,745% for 2021 through Jan. 27, and AMC …
Read More »Dark day for workers as thousands lose jobs including 15,000 at Boeing rival Airbus.
Boeing BA, -1.62% rival Airbus AIR, -0.01% announced on Tuesday it would cut 15,000 jobs globally while travel location food specialist SSP SSPG, +2.14% said it would cut up to 5,000 staff as coronavirus continues to wreak havoc on the travel industry. Retailer Harrods and a host of other stores …
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