by Bloomberg.com | Sep 6, 2024 | alerts, Markets/Economy
Retailer intends to have stalking horse bidder lined up Discount chain has suffered declining sales, losses for years Discount home goods retailer Big Lots Inc. is preparing to file for bankruptcy as soon as Sunday, and plans to sell its chain of stores via a...
by Bloomberg.com | Sep 6, 2024 | alerts, Markets/Economy
Jobs missed forecasts in August as prior months revised down Three-month payroll growth slows to lowest since mid-2020 US hiring fell short of forecasts in August after downward revisions to the prior two months, a development likely to fuel ongoing debate over how...
by Bloomberg.com | Sep 6, 2024 | alerts, Markets/Economy
Key coalition members won’t raise production by 180k b/d Concern about demand weakness continues to hang over market Oil is poised for one of its biggest weekly losses this year, even as OPEC+ delayed a planned increase in output. Brent traded near $73 a barrel on...
by Bloomberg.com | Sep 5, 2024 | alerts, Markets/Economy
CBOE Private Markets registered an alternative trading system London-based Globacap to provide technology for new venture CBOE Global Markets Inc. is partnering with a London-based tech firm to create a US trading platform for shares of closely held companies, a...
by Bloomberg.com | Sep 5, 2024 | alerts, Markets/Economy
Warren Buffett extended his sales of Bank of America Corp. shares into September, reaping a total of $6.97 billion since the spree of disposals started in mid-July. In the latest round of transactions, disclosed in a regulatory filing Thursday, his Berkshire Hathaway...
by Bloomberg.com | Sep 5, 2024 | alerts, Markets/Economy
Brent trades near $73 a barrel after falling to 2023 lows US crude inventories dropped by 6.87 million barrels Oil fluctuated between gains and losses after risk-off sentiment in broader markets vied with an OPEC+ agreement to pause its planned crude production...