Lemonade Inc. snagged 2020’s strongest initial public offering debut of a U.S. company as shares of the mobile-based insurance startup became the latest to more than double on their first day of trading. Lemonade LMND, +139.34% shares, which skyrocketed as much as 144% to hit an intraday high of $ …
Read More »Key Words: Bill Gates: Poor U.S. response is making pandemic picture ‘more bleak than I would have expected’
“ “The global picture and the U.S. picture are both more bleak than I would have expected.” ” That’s Bill Gates, the Microsoft Corp. MSFT, +1.26% co-founder whose philanthropic foundation has long funded the global fight against infectious diseases, speaking about the coronavirus pandemic Thursday night during a virtual town …
Read More »Key Words: Knicks owner James Dolan on George Floyd silence — ‘We are not any more qualified than anyone else to offer our opinion on social matters.’
The New York Knicks, a basketball franchise with mostly black players in a city that’s about 25% African-American, has been one of only two NBA teams silent over the killing of George Floyd. A leaked email explains why, according to an ESPN report. “ “We at Madison Square Garden stand …
Read More »In One Chart: There’s only one generation in U.S. history that’s considered to be more unlucky than the ‘Lost Generation’
It’s hard out there for a millennial. In fact, the Washington Post, citing a series of economic haymakers and the struggles that come with them, calls the group born between 1981 and 1996 “the unluckiest generation in U.S. history.” Yes, even unluckier than members of the “Lost Generation,” who reached …
Read More »No, China’s economy hasn’t gotten better. The implications could be more serious than investors realize
Just how bad is the economic situation in China? In late February, MarketWatch interviewed Leland Miller, CEO of the China Beige Book, who warned that economic deterioration caused by the novel coronavirus was, as we put it, “worse than you think.” On Monday, Miller’s firm released a fresh report that …
Read More »Choosing the Perfect Kitchen Tool Sets: Now Easier than Ever
Kitchen tool sets are the perfect gift for anyone who spends a great deal of time in the kitchen. They are elegant, efficient, hygienic, and functional. They provide cooks with all necessary essentials in the kitchen, in one handy receptacle. Best of all, they keep kitchen counters clean and free …
Read More »Bathroom On A Budget: How To Transform Your Bathroom For Less Than £100
Transforming your bathroom can be very costly, however we will discuss some ways in which you can transform your bathroom on a budget, using discount shops and DIY shops such as B&M bargains and B&Q. A good place to start is with some light gray paint and white gloss which …
Read More »Metals Stocks: Gold prices jump more than 3% after Fed announces short-term funding facility
Gold prices punched higher Tuesday, with gains for the metal coinciding with an announcement that the Federal Reserve was establishing a lending facility to assist U.S. corporations in rolling over short-term debt, a key area of the market that had frozen during the coronavirus pandemic. A gain for the precious …
Read More »Bloom Energy has provided incorrect financial results since IPO, stock sinks more than 20%
Bloom Energy Corp. announced Wednesday afternoon that all financial results the company has provided during and since its initial public offering will have to be restated due to an accounting error, sending its stock on a downward spiral. Bloom BE, -8.99% shares had bounced back with a gain of more …
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