Bulletin
Investor Alert

New York Markets Open in:

Topics

Labor

Video

Biden Kicks Off Buy American Initiative With Executive Order

  • Biden Kicks Off Buy American Initiative With Executive Order Biden Kicks Off Buy American Initiative With Executive Order 5:32
    Work from home is here to stay. Here's what it means for retail Work from home is here to stay. Here's what it means for retail 3:13
3:52 a.m. July 12, 2021 - By Tomi Kilgore
Virgin Galactic stock shoots higher after successful flight to suborbital spaceShares of Virgin Galactic Holdings Inc. shot up 6.0% in premarket trading Monday, a day after Founder Richard Branson and five crewmates successfully flew rocket-powered spaceplane. In a live-streamed flight on Sunday, the Unity crew before returning to earth. "Space is for all humanity, which is why we're giving YOU the chance to win 2 seats on one of the first @virgingalactic flights to space now!", . Truist analyst Michael Ciarmoli reiterated his buy rating and $50 stock price target, saying the successful completion of the Unity flight was a "significant milestone" for the company. "Near-term, we expect that publicity around the commencement of SPCE's commercial space tourism operations could also benefit from sweepstakes announced on Sunday, offering a chance to win two tickets on one of the company's earliest flights open to customers," Ciarmoli wrote in a note to clients. Virgin Galactic's stock has soared 107.3% year to date through Friday, while the S&P 500 has gained 16.3%.
5:12 a.m. July 3, 2021 - By Silvia Ascarelli
I’ll retire with a military pension and want to move to a bicycle-friendly, beer-loving place — so where should I go? Looking for ideas on the best place for you to retire? Email HelpMeRetire@marketwatch.comI have a nest egg of $1 million and will also have a monthly military pension of approximately $6,000, and Social Security on top of that.
4:15 a.m. June 23, 2021 - By Ciara Linnane
Embark Trucks to go public via merger with SPAC Northern Genesis in $4.55 billion dealEmbark Trucks Inc., a maker of self-driving technology for the trucking industry, said Wednesday it is going public via a merger with special purpose acquisition corporation Norther Genesis Acquisition Corp. II , in a deal with a pro forma implied enterprise value of about $4.55 billion. "Over the last five years, Embark has operated America's longest running road-testing program for self-driving trucks to refine the company's sophisticated self-driving software -- purpose-built to navigate Class 8 trucks on long-distance freight trips," the companies said in a joint statement. Once the deal closes, expected in the second half of 2021, Embark will have about $614 million of cash, and a $200 million private investment in public equity, or PIPE, backed by anchor investors including Pension Plan Investment Board (CPP Investments), Knight-Swift Transportation, Mubadala Capital, Sequoia Capital, and Tiger Global Management, together with the Northern Genesis management team and its associated institutional investors. Elaine Chao, former Secretary of Transportation and Labor, and wife of Sen. Mitch McConnell, has joined the Embark board. The funds raised are expected to support the company through 2024, when it expects to commercialize its tech.
3:33 a.m. June 21, 2021 - By Ben Foldy
Lordstown Motors executives sold stock ahead of reporting results, and before troubles came to lightSeveral top executives at Lordstown Motors Corp. sold off chunks of stock in the electric-truck startup ahead of reporting financial results, according to regulatory filings disclosing the transactions.
2:10 a.m. June 7, 2021 - By Tomi Kilgore
Vivint Smart Home names David Bywater its new CEOVivint Smart Home Inc. said Monday it named David Bywater its new chief executive officer, as current CEO Todd Pedersen steps down as previously announced. Bywater has been CEO of Vivint Solar since December 2016, and was chief operating of Vivint Smart Home for about three years before that. He will become CEO of the smart home systems company effective June 15. that he would step down, once a successor was found. The stock, which was still inactive in premarket trading, has dropped 32.9% year to date, while the S&P 500 has gained 12.6%.
8:03 a.m. June 6, 2021 - By Quentin Fottrell
If it’s not enhanced unemployment benefits, why are people turning down jobs? Some people are finding it difficult to get a job, while others need to find affordable child care, home help or even transportationSome people are finding it difficult to get a job, while others need to find affordable child care, home help or even transportation.
5:20 a.m. June 3, 2021 - By Tomi Kilgore
GM stock jumps after call for first-half results to be 'significantly better' than expectedShares of General Motors Co. jumped 3.2% in premarket trading Thursday, after the automaker said it expects first-half 2021 financial results to be "significantly better" than previous guidance, given its "success" in dealing with the semiconductor shortage. GM also said it is taking steps to boost deliveries to dealers and customers in the U.S. and Canada "to meet strong customer demand" for its Chevrolet, Buick, GMC and Cadillac model vehicles. Production of the Chevrolet Silverado HD and GMC Sierra HD pickups will increase by about 1,000 trucks per month, starting in mid-July, while shipments of Chevrolet Colorado and GMC Canyon pickups will increase by about 30,000 vehicles from mid-May through the week of July 5. "The global semiconductor shortage remains complex and very fluid, but the speed, agility and commitment of our team, including our dealers, has helped us find creative ways to satisfy customers," said Phil Kienle, vice president, North America Manufacturing and Labor Relations. "Customer demand continues to be very strong, and GM's engineering, supply chain and manufacturing teams have done a remarkable job maximizing production of high-demand and capacity-constrained vehicles." The stock has run up 43.3% year to date, while the S&P 500 has gained 12.0%.
4:09 a.m. June 2, 2021 - By Tomi Kilgore
CarMax to hold curbside hiring events next week to hire 1,800 employees this summerCarMax Inc. said Wednesday that it plans to hire 1,800 employees by the end of the summer. The auto buyer and seller said it will host curbside hiring events on June 10 from 10 a.m. to 3 p.m. "CarMax continues to grow and the need to produce more vehicles to keep up with anticipated consumer demand is great," said Tyrone Payton, vice president of regional service operations. The stock, which was still inactive in premarket trading, has rallied 23.5% year to date, while the S&P 500 has gained 11.9%.
8:49 a.m. May 31, 2021 - By Quentin Fottrell
’Contagious unemployment’ — a controversial theory why companies have difficulty hiring workers ‘Unemployed workers send over 10 times as many job applications in a month as their employed peers, but are less than half as likely per application to make a move’‘Unemployed workers send over 10 times as many job applications in a month as their employed peers, but are less than half as likely per application to make a move.’
5:51 p.m. May 25, 2021 - By Quentin Fottrell
Why are ‘Karens’ so angry? Such incidents have not gone away. Instead, they’ve become another depressingly ubiquitous feature of modern lifeSuch incidents have not gone away. Instead, they’ve become another depressingly ubiquitous feature of modern life.
8:10 a.m. May 24, 2021 - By Tomi Kilgore
Peloton to build its first U.S. manufacturing facility in Ohio, starting this yearPeloton Interactive Inc. announced Monday plans to build its first factory in the U.S., in Troy Township in Wood County, Ohio. The at-home-fitness company expects to break ground on the new factory later this summer, and expects it to start producing Peloton Bike, Bike+ and Peloton Tread products in 2023. The company expects commit about $400 million to the facility. Peloton is expected to create about 2,174 new manufacturing jobs with to build the factory, and is projected to add more than 2,000 jobs to the Troy Township area over the next few years. In the company's annual report for the year ended June 2020, the company said it makes, and outsources the making, of its products in Asia. The stock fell 1.1% in midday trading, while the S&P 500 rallied 1.1%. Year to date, Peloton shares have tumbled 34.2% while the S&P 500 has advanced 11.8%.
2:12 a.m. May 24, 2021 - By Tomi Kilgore
Vivint Founder, CEO Todd Pedersen to step downVivint Smart Home Inc. said Monday that Chief Executive Todd Pedersen will step down from his role, once a successor has been found. Pedersen, who also founded the company, will remain on the integrated smart home company's board of directors. Pedersen founded the company in 1999 as APX Alarm, then rebranded the company to Vivint in 2010. "I have decided that after 20 years of building a successful company, it is time for me to pursue my other entrepreneurial goals and devote myself to those investments and businesses," Pedersen said. The stock, which was still inactive in premarket trading, has tumbled 35.1% year to date, while the S&P 500 has gained 10.6%.
8:30 a.m. May 22, 2021 - By Quentin Fottrell
My wife inherited $800K. She put $300K toward our mortgage and $500K in her own bank account — after 35 years of marriage ‘What do you think of the way she has treated her inheritance? If we divorce, will I have to pay her alimony?’‘What do you think of the way she has treated her inheritance? If we divorce, will I have to pay her alimony?’
12:14 p.m. May 19, 2021 - By Quentin Fottrell
Almost half of parents say they’ll take on credit-card debt to pay for child care — others avoid day care due to COVID ‘Monthly child-care costs can feel like an extra mortgage payment’‘Monthly child care costs can feel like an extra mortgage payment.’
5:03 a.m. May 19, 2021 - By MarketWatch
Naomi Campbell, 50, welcomes a daughter — as more older women become parents ‘There is no greater love,’ the supermodel wrote on Instagram‘There is no greater love,’ the supermodel wrote on Instagram.
4:37 a.m. May 18, 2021 - By Jacob Passy
Housing starts fall as builders contend with shortage of materials and laborU.S. home builders started construction on homes at a seasonally-adjusted annual rate of 1.57 million in April, representing a 9.5% decrease from the previous month's downwardly-revised figure, the U.S. Census Bureau . Compared with April 2020 though, housing starts were up 67%, though the year-over-year comparison is skewed somewhat by the effects of the COVID-19 pandemic's onset a year ago. The pace of permitting for new housing units increased again in March. Permitting for new homes occurred at a seasonally-adjusted annual rate of 1.76 million, up 0.3% from March and 61% from a year ago. Economists polled by MarketWatch had expected housing starts to occur at a pace of 1.70 million and building permits to come in at a pace of 1.77 million.
7:43 a.m. May 15, 2021 - By Quentin Fottrell
My boyfriend’s brother gave me $6,000 to buy a house 12 years ago. It rose 128% in value. How much should I give him back? ‘I bought the house for $125,000 and it is now worth approximately $285,000, with a total owed of $185,000’‘I bought the house for $125,000 and it is now worth approximately $285,000, with a total owed of $185,000.’
1:47 p.m. May 9, 2021 - By Quentin Fottrell
I have a ‘mundane’ First World problem: Should I buy a $30,000 bracelet during a global pandemic? ‘My husband said I should buy it’‘‘My husband said I should buy it.’
2:04 p.m. May 6, 2021 - By Quentin Fottrell
My son, 18, says I should hand over the $1,400 adult-dependent stimulus. He claims it belongs to him. Who’s right? ‘I claim him as a dependent on my taxes because I pay more than half of his household expenses (actually, all of his expenses)’‘I claim him as a dependent on my taxes because I pay more than half of his household expenses (actually, all of his expenses).’
5:30 a.m. May 5, 2021 - By Greg Robb
Fed's Evans says chances of persistently higher inflation are 'remote'The chances that the $2.8 trillion stimulus measures passed by Congress since December will overheat the economy and generate higher inflation are remote, said Chicago Fed President Charles Evans on Wednesday. Inflation is likely to pick up in coming months as people resume normal activities and some bottlenecks emerge but simulations performed by economists at the Chicago Fed see inflation topping out at less than a full percentage point and dissipating in two or three years, Evans said in a speech to the Levy Economics Institute of Bard College. "We still have some ways to go before we meet our goals" of full employment and stable 2% average inflation, Evans said. As a result, Fed policy "is likely on hold for some time," he added. Labor market conditions required to move interest rates off zero or to start to taper the $120 billion in monthly asset purchases "will not be met for a while," he said.
5:58 p.m. May 2, 2021 - By Quentin Fottrell
My wife offered to ‘loan’ me money when I was having financial trouble. Now I make six figures — and she refuses to pay any bills ‘As I started my new job, and my wife received her money, she used part of her $200,000 inheritance to go on a spending spree: a $50,000 truck and a $20,000 camping trailer’‘As I started my new job, and my wife received her money, she used part of her $200,000 inheritance to go on a spending spree: a $50,000 truck and a $20,000 camping trailer.’
5:54 p.m. May 2, 2021 - By Quentin Fottrell
My financially reckless ex-husband bought a house with our son — now his business is failing. How can we be free of this mess? ‘This was the way my father treated my mother, so I thought it was normal’‘This was the way my father treated my mother, so I thought it was normal.’
10:29 a.m. April 30, 2021 - By Tomi Kilgore
GM CEO Mary Barra total compensation rose to $23.7 million in 2020, double what rival Ford CEO madeGeneral Motors Co. disclosed Friday that the total 2020 compensation for Chief Executive Mary Barra rose slightly from the year before, by enough to be double what rival Ford Motor Co. Chief Executive James Farley made last year. GM said in its 2020 proxy statement that Barra's total compensation was $23.66 million, up from $21.63 million in 2019. Although Barra's base salary slipped to $1.995 million from $2.100 million, the value of stock awards increased to $13.09 million from $12.14 million, the value of options awards inched up to $3.75 million from $3.53 million and nonequity incentive plan compensation rose to $3.78 million from $2.73 million. Meanwhile, Ford disclosed earlier April that CEO Farley's total 2020 compensation increased 41.1% to $11.80 million. GM's stock rose 13.8% in 2020, while Ford shares fell 5.5% and the S&P 500 climbed 16.3%. So far in 2021, shares of GM have rallied 36.7%, Ford's stock has advanced 30.7% and the S&P 500 has tacked on 11.5%.
2:25 p.m. April 24, 2021 - By Quentin Fottrell
I’m on track to retire at 58. My fiancée is in debt and drives my old car, and I support her family. How do I ensure my son inherits my wealth after I die? ‘My concern is that if I am married, the savings I have would go to her and subsequently her children, bypassing my son’‘My concern is that if I am married, the savings I have would go to her and subsequently her children, bypassing my son.’
5:40 a.m. April 24, 2021 - By Quentin Fottrell
My wife pushed me into buying a home because she provided two-thirds of the down payment. Now I’m stuck in a house I hate ‘We are now expecting our first child, which just adds to our financial responsibilities. I know I sound like an ass. Please help me see the light’‘We are now expecting our first child, which just adds to our financial responsibilities. I know I sound like an ass. Please help me see the light.’
1:59 p.m. April 20, 2021 - By Andrew Keshner
Floyd family attorney Ben Crump says Derek Chauvin’s murder conviction is ‘painfully earned justice’ — here’s what gave him hope months earlier A jury found the former Minneapolis officer guilty on all three counts TuesdayA jury found the former Minneapolis officer guilty on all three counts Tuesday.
5:12 a.m. April 20, 2021 - By Tomi Kilgore
Boeing raises standard retirement age for CEO Calhoun to 70; CFO Smith to retireBoeing Co. said Tuesday it has raised its "age-65 standard retirement" for Chief Executive David Calhoun to age 70. Calhoun, who is 64, has been the aerospace and defense giant's CEO since January 2020. The mandatory retirement for Calhoun is now extended to April 1, 2028, but the company said there is no fixed term associated with Calhoun's employment. Separately, Boeing said Chief Financial Officer Gregory Smith has decided to retire, effective July 9, after more than 30 years with the company. Boeing is searching for Smith's successor. Boeing's stock, which fell 1.0% in premarket trading, has rallied 14.1% year to date through Monday, while the Dow Jones Industrial Average has gained 11.3%.
1:35 p.m. April 14, 2021 - By Quentin Fottrell
My mother is dying of cancer. My stepfather told me that she made a will. When is a good time to ask her about it? ‘Obviously, I don’t want to sound greedy, but I feel as though this is important information for me and the rest of my family to know’‘Obviously, I don’t want to sound greedy, but I feel as though this is important information for me and the rest of my family to know.’
5:56 a.m. April 11, 2021 - By Quentin Fottrell
I received two $1,400 stimulus payments because I was also claimed as a dependent. Should I give one back? The Moneyist: ‘You cannot be claimed as a dependent and file a tax return yourself and expect a payment. It’s one or the other’The Moneyist: ‘You cannot be claimed as a dependent and file a tax return yourself and expect a payment. It’s one or the other.’
4:20 a.m. April 6, 2021 - By Tomi Kilgore
Topps to go public through merger with Mudrick Capital, with Michael Eisner remaining chairman after closingThe Topps Company announced Tuesday that it will be going public through a merger with special purpose acquisition company (SPAC) Mudrick Capital Acquisition Corp. II in a deal that values the combined company at $1.3 billion. The deal is expected to generate proceeds of up to $571 million of cash. Topps, the more than 80-year old sports collectibles, trading cards and novelty confections company, which was purchased by Michael Eisner's The Tonante Co. in 2007, said Eisner, the long-time former chief executive of Walt Disney Co. , will remain chairman. Eisner said he was "not selling a single share of Topps" in the deal. After the deal's closing, which is expected to occur late in the second quarter or early in the third quarter of 2021, the company will be named Topps and the stock will be listed on the Nasdaq under the ticker symbol "TOPP." Shares of Mudrick Capital, which started trading on Jan. 29, rallied 7.1% in premarket trading, while the Renaissance IPO ETF tacked on 0.5% and futures for the S&P 500 slipped 0.1%.
4:50 a.m. April 3, 2021 - By Catey Hill
We get $2,470 a month from Social Security and want a warm, friendly city near the ocean. Where should we retire? Looking for ideas on the best place for you to retire? Email HelpMeRetire@marketwatch.comHere are three spots to consider.
2:19 p.m. March 29, 2021 - By Quentin Fottrell
My father-in-law gave me his late mother’s car to drive. It’s now in my name. How do I sell it — without hurting his feelings? ‘My father-in-law is extremely attached emotionally to the car, because it belonged to his mother. That said, my wife and I are expecting our first child in roughly 3 months’‘My father-in-law is extremely attached emotionally to the car, because it belonged to his mother. That said, my wife and I are expecting our first child in roughly 3 months.’
6:03 p.m. March 23, 2021 - By Quentin Fottrell
My landlord gave me a waiver on rent as I waited for Section 8 rental assistance — 25 years later, she wants me to pay $1,700 ‘The owner has a little black book and demands that I pay her back the debt that was supposedly waived years ago’‘The owner has a little black book and demands that I pay her back the debt that was supposedly waived years ago.’
9:48 a.m. March 22, 2021 - By Alison Fottrell
‘My pulse rate had shot up to 120 as I gasped my way into the ER’: Italy resumes AstraZeneca vaccine, and tightens lockdown More than half of Italy’s regions are now in the ‘red zone,’ just one year after the country effectively shut downMore than half of Italy’s regions are now in the ‘red zone,’ just one year after the country effectively shut down.
2:50 p.m. March 21, 2021 - By Quentin Fottrell
My ex-boyfriend and I contributed to our household based on our salaries. I’m now owed $23K in back pay. Do I pay him back? ‘He and I don’t really talk anymore, but we ended on relatively good terms, and I want to do the right thing’‘He and I don’t really talk anymore, but we ended on relatively good terms, and I want to do the right thing.’
2:28 p.m. March 20, 2021 - By Quentin Fottrell
‘I have tried to be kind’: I gave my ex half of the first two stimulus checks for our child. He still calls me a ‘monster.’ What do I do with the third? ‘I am bugged by him paying nothing while also going on trips and buying vehicles when he gets extra money, instead of paying anything to me for our child. Maybe I am being petty’‘I am bugged by him paying nothing while also going on trips and buying vehicles when he gets extra money, instead of paying anything to me for our child. Maybe I am being petty.’
2:29 p.m. March 13, 2021 - By Richard Connor
Trying to find the most tax-friendly place to retire? It’s not so simple Social Security, pensions, housing, inheritances — and everything else — are taxed differently depending on where you liveSocial Security, pensions, housing and inheritances are taxed differently depending on where you live
1:26 p.m. March 13, 2021 - By Alison Fottrell
‘We are weary’: Life in Italy, one year after national lockdown to stop the spread of COVID-19 ‘The presence of increased police patrols in a crowded square in Como on a recent Saturday evening is further evidence of a developing social malaise that needs to be kept in check’‘The presence of increased police patrols in a crowded square in Como on a recent Saturday evening is further evidence of a developing social malaise that needs to be kept in check.’
5:13 a.m. March 11, 2021 - By Tomi Kilgore
Zillow's stock jumps after plans to hire more than 2,000 employees following 'historic' year for real estateShares of Zillow Group Inc. rose 4.7% in premarket trading Thursday, after the real estate information and transaction website said it plans to hire more than 2,000 employees this year, in response to a year of "impressive growth" and a "historic" year for the real estate industry. That would increase Zillow's workforce by about 40%, as the company recently disclosed that it had 5,504 full-time employees as of Dec. 31. Zillow said most of the new or coming roles in technology, mortgage and loans and product and software development will be categorized as "remote and hybrid positions," and will be open for applicants across the country. Zillow's more-active Class C shares have soared 254.2% over the past 12 months, while the S&P 500 has gained 42.2%.
10:34 a.m. March 7, 2021 - By Quentin Fottrell
‘Greed is rearing its ugly head and killing brotherly love’: My husband and his brother are at war over an inheritance from a beloved neighbor. What can we do? The brother says his ‘early inheritance’ should not be taken into consideration ‘because it cost him so much trouble and work’The brother says his ‘early inheritance’ should not be taken into consideration ‘because it cost him so much trouble and work.’
Browse topics:

Filter results by

Industry

Financial Services (453)

Health-care (349)

Media (276)

Banks (266)

Entertainment And Leisure (205)

Manufacturing (204)

Location

Us (1125)

Asia Pacific (102)

Europe (100)

Eu (70)

China (63)

Uk (12)

Link to MarketWatch's Slice.