GE shares tank more than 13% after Madoff whistleblower calls it a 'bigger fraud than Enron'
GE says the allegations of fraud are "entirely false and misleading."
GE says the allegations of fraud are "entirely false and misleading."
Ryanair expects minimal cancellations with affected passengers flying out at different times if pilots in Britain and Ireland go ahead with a two-day strike next week, the airline's chief people officer said on Thursday.
General Electric shares fell 7.5% on Thursday after Harry Markopolos, the whistleblower in the Bernard Madoff Ponzi scheme case, said GE's financial filings were masking the depths of its financial problems.
J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Thursday, as the department store operator's efforts to cut costs and shutter unprofitable businesses paid off, sending shares of its penny stock higher by as much as 14%.
Oil prices fell more than 1% on Thursday, extending the previous session's 3% drop, pressured by mounting recession concerns and a surprise boost in U.S. crude inventories.
Carlsberg reported a 6.5% rise in half-year sales on Thursday, as the Danish brewer sold more expensive beer and its operating margins improved despite continued challenges in Russia.
Oil fell 2% toward $58 a barrel on Thursday, extending the previous session's 3% drop, pressured by mounting recession concerns and a surprise boost in U.S. crude inventories.
U.S. 30-year Treasury yields fell to a record low below 2% and benchmark 10-year notes dropped to a three-year trough on Thursday amid persistent worries about global trade tensions and economic slowdowns around the world.
U.S. budget-friendly carrier Southwest Airlines Co will add another daily flight to Hawaii from January 2020, the company said on Thursday, as it counts on leisure travel from the West Coast to boost its growth.
Memorial Trail Ice House, a premium food & bar venue adjacent to Memorial Park, is raising funds on NextSeed. The company is combining the ice house culture of an indoor or outdoor beer garden with the proximity to a historic building and is offering a social bar and specialty food trucks. Memorial Trail Ice House [...]
The post Memorial Trail Ice House on NextSeed appeared first on Crowditz.
If you are worried about a possible recession on the horizon, there are some smart financial moves you can make.
The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz Co and Mondelez International Inc will pay $16 million in penalty regarding a wheat manipulation case that dates back to 2015.
U.S. stocks swung between gains and losses on Thursday as strong July retail sales and upbeat Walmart earnings eased fears of a recession, but mixed reports on trade and Cisco's dismal forecast kept investors on edge.
While most creditors can't touch your benefits, some types of delinquent debt can reduce your monthly payments.
Here are the top performing ETFs following spikes in volatility, according to hedge fund analytics tool Kensho.