Business

The Huangpu River splits the Chinese city of Shanghai between the older settlement on the west and the newer, financial center on the east. Johannes Eisele | Afp | Getty Images China’s latest wave of Covid restrictions has forced millions of people — roughly three times as many as live in New York City —

In this article NGVT Azmanl | E+ | Getty Images Company: Ingevity (NGVT) Business: Ingevity is a leading bio-based materials company that converts waste streams and by-products from the wood, paper, and pulp industry into higher-valued, specialty materials. They operate through two segments: (i) Performance Materials, which includes high-performance activated carbon and (ii) Performance Chemicals,

Dado Ruvic | Reuters Omicron subvariants BA.4 and BA.5 are circulating at low levels in several countries within Southern Africa and Europe, according to the World Health Organization.  The two subvariants of the highly contagious Covid-19 strain have been detected in Botswana, South Africa, Germany and Denmark, among other countries, WHO’s technical lead on Covid-19

China’s automobile and component exports more than doubled in 2021 from a year ago, exceeding 30% growth in China’s exports overall, Bernstein analysts found. Yi Fan | Visual China Group | Getty Images BEIJING — China’s latest Covid lockdowns are a greater risk for global inflation today than they were in 2020, Bernstein analysts said.

In this article LATG Daniel Loeb, founder and chief executive officer of Third Point LLC Jacob Kepler | Bloomberg | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) The once red-hot SPAC market is becoming a fertile ground for activist investors who push for changes at problematic companies and profit from them. A record

Loading chart… Rocket Companies Inc: “It’s such a good company, but when rates go up, it does poorly. And the Fed wants housing to slow. So therefore, their business is going to slow, too. Too soon to buy.” Loading chart… Garmin Ltd: “It’s fabulous. … I think their stock is great.” Loading chart… Mosaic Co:

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, March 30, 2022. Brendan McDermid | Reuters For stock investors pondering how to ride out the worst bout of inflation in four decades, don’t worry and stay the course, according to Nick Maggiulli, chief operating officer at Ritholtz Wealth

In this article MBG-DE TSLA BMW-DE F GM 7267.T-JP With several major economies looking to cut the number of diesel and gasoline vehicles on their roads, Honda and other carmakers are attempting to develop electrification strategies that will allow them to remain competitive going forward. Aimur Kytt | Istock Editorial | Getty Images Honda plans

In this article NFLX SPOT ZS AAPL DIS The Spotify logo hangs on the facade of the New York Stock Exchange with U.S. and a Swiss flag as the company lists its stock with a direct listing in New York, April 3, 2018. Lucas Jackson | Reuters Stocks were volatile in the past week as

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters The U.S. State Department has ordered all non-emergency government staff and their family members in Shanghai to leave as Covid surges and told U.S. citizens to reconsider

In this article SHOP-CA The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. Chris Wattie | Reuters Ecommerce start-up Shopify said Monday it is planning a 10-for-1 stock split, while seeking shareholder approval for a “founder share” for its CEO Tobi Lutke to increase his voting power. Upon

Travelers booking luxury trips to Europe have not canceled amid the Ukraine war, says travel advisor Jessica Griscavage of Runway Travel. Pictured, Grignan, France. Westend61 | Westend61 | Getty Images As the Russian invasion of Ukraine continues with no end in sight, how are Americans’ European vacation plans being affected? It depends on whom you

Physical artwork for a Bored Ape NFT on display at a cryptocurrency exchange in Hong Kong. Paul Yeung | Bloomberg | Getty Images Trading platform eToro unveiled a $20 million fund to purchase NFTs and bolster creators. The firm announced the launch at the Bass Contemporary Art Museum in Miami Thursday. The trading platform’s fund

A customer is shown a 2022 Toyota Prius at Longo Toyota in El Monte, CA on Wednesday, March 23, 2022. Medianews Group | Orange County Register via Getty Images People spend a lot of money on their cars and trucks. In fact, about 16% of the average American’s total budget goes to transportation, including vehicle

In this article ENV Cokada | E+ | Getty Images Company: Envestnet (ENV) Business: Envestnet provides wealth management services and software to the investment community. It has an excellent product with 90% retention and secular tailwinds. Envestnet was founded in 1999 by Jud Bergman and Bill Crager. Bergman was chairman and CEO of the company

Loading chart… Portillo’s Inc: “At this price, I actually like it.” Loading chart… Cerberus Cyber Sentinel Corp: “I say you must buy Palo Alto. … Palo Alto is the one to own.” Loading chart… AeroVironment Inc: “Let’s just say that their stuff is really, really good.” Loading chart… Mattel Inc: “Mattel I like so much,

In this article UBSG-CH JPM MS Jed Finn, Chief Operating Officer for Morgan Stanley Wealth Management and Head of Corporate and Institutional Solutions Source: Morgan Stanley After making inroads managing money for the merely wealthy, Morgan Stanley is setting its sights on the richest of the rich — family offices with tens of billions of

Loading chart… ACM Research Inc: “It’s got a very cool technology. … I’m not going to bless it, but I’m not going to tell you to sell it.” Loading chart… UiPath Inc: “This is a great company and a bad stock, what can I say? We’re not recommending stocks that have gigantic losses anymore. We

SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington. Evelyn Hockstein-Pool/Getty Images The Securities and Exchange Commission has voted unanimously to propose a rule for the registration and regulation of security-based swap execution facilities. A swap execution facility, or SEF, is an electronic

Loading chart… Bluelinx Holdings Inc: “I think this stock completely anticipated that [interest] rates would be increasing, and so therefore I would actually be a buyer, not a seller of that stock.” Loading chart… DigitalOcean Holdings Inc: “We’re not recommending companies that aren’t making money. We just don’t think that they are conducive at all