Social Capital founder Chamath Palihapitiya said ESG investing is ‘a lot of sizzle, no steak.’
L Brands reported earnings and sales for the holiday quarter that topped analysts’ expectations, as it prepares to take it Victoria’s Secret lingerie business private.
As of Wednesday, more than 81,000 cases of coronavirus have been reported, resulting in at least 2,764 deaths.
Papa John’s shares tumbled more than 10% Wednesday after the company said it has temporarily closed 50 franchised stores in China as a result of the coronavirus and reported a decline in same-store sales for the year.
Check out the companies making headlines in midday trading on Wednesday.
Since Jan. 31, when the Trump administration declared the outbreak a public health emergency in the U.S., Americans across the country who return from China have been asked to self-quarantine.
The firm is now predicting global auto sales to slump 2.5% in 2020 from 0.9% previously expected.
Steven Spielberg will not direct the fifth movie in the Indiana Jones franchise, and director James Mangold (“Ford v. Ferrari”) is now in talks to take the helm, Variety reports.
Democratic presidential candidates at Tuesday’s debate took aim at the Trump administration’s response to the coronavirus outbreak.
Billionaires should be grateful for their good fortune and stop being so sensitive to public criticism and name-calling by politicians, tech billionaire Chamath Palihapitiya said Wednesday.
Mike Bloomberg has released an ad that rips President Donald Trump’s handling of the spread of the deadly coronavirus.
A Los Angeles auction house will sell off a game-worn Kobe Bryant jersey from the 1998-99 season, along with other Bryant memorabilia.
Lowe’s CEO Marvin Ellison said the “really clunky” website has held back sales online and in stores.
In the face of a global health emergency, some university study abroad programs are sending students home immediately. Others are staying open — for now.
Billionaire investor Chamath Palihapitiya disagrees with Berkshire Hathaway chairman Warren Buffett on the value of bitcoin.