Mallinckrodt announced it has voluntarily initiated Chapter 11 proceedings declaring itself bankrupt at the District of Delaware, according to Bloomberg Law. The company aims to modify its capital structure through…
Oil refineries equipment was destroyed and export ports closed as destructive Category 2 Hurricane Delta winds and storms traveled far from its center according to Reuters. Power lines were shut…
Fastly announced its availability on the Google Cloud Platform (GCP) after partnering with Google to make its services available on the cloud, according to press release. Fastly’s partnership with Google…
Canadian employment is up 2.1% to 378,200 in September, more than analysts’ 150,000 estimate, according to press release. Unemployment rate is 9.0%, better than estimated 9.8%. Full time employment change…
The U.K. GDP was up 2.1% for a fourth consecutive month as COVID-19 lockdown measures eased, according to press release. August's GDP is 21.7% higher than April's record fall of…
Investors are closely monitoring developments of U.S. stimulus aid package talks. President Donald Trump said talks had resumed, and House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are expected…
Domino’s Q3 global retail sales increased 14.4% (14.8% excluding foreign currency impact) according to press release. Sales growth driven by changing customer ordering behavior during the Covid-19 pandemic. U.S. same-store…
Fitch Ratings affirmed Long-Term Foreign-Currency Issuer Default Rating (IDR) and senior unsecured rating “A+," affirming the Chinese-based e-commerce giant stable outlook, according to FitchRatings. Rating underscore’s Alibaba’s strong business…
The presidential debate between Vice President Mike Pence and Senator Kamala Harris was quieter, clearer, and disciplined than the previous Trump and Biden encounter, according to CNBC. The debate began…
President Donald Trump urged Congress to approve coronavirus relief checks, including a new $1,200 stimulus for Americans, according to CNBC. Trump had halted talks with top Democrats and Republicans until…
Fed Chair Jerome H. Powell called for more stimulus support to speed up recovery, according to press release. Economic outlook is highly uncertain, and expansion far from complete-Powell. Households and…
Goods and services deficit in August was $67.1 billion, up $ 3.7 billion from July’s $63.4 billion, according to press release. Trade balance deficit an increase from analysts’ expectations of…