Insurance Stock Tanks After Firm Warns Catastrophic Winter Storm Last Year Dealt $459 Million In Losses

Topline Shares of Travelers, one of the nation’s largest insurance companies, wiped out more than a month of gains Tuesday after the company warned fourth-quarter profits took a worse-than-expec...

Tesla, Chinese Rivals NIO, XPeng and Li Auto Dealt a Major Blow

Tesla dominates the electric vehicle market.  Although the market share of Elon Musk’s group has declined in recent years as most legacy carmakers now offer electric models, the manufacturer of ...

Struggling Credit Suisse Is Dealt a Sharp Blow

Credit Suisse didn’t need this.  The bank, founded 166 years ago, is fighting to survive. It wants to convince the market that it still has a future. Meantime, its market capitalization has coll...

The Green Bay Packers Are Dealt A Blow As David Bakhtiari Is Out Vs. Commanders

Green Bay Packers left tackle David Bakhtiari won’t play against Washington Sunday due to ongoing … [+] issues with his left knee. Copyright 2022 The Associated Press. All rights reserved....

Banks Dealt Fresh Blow With Collapse of Brightspeed Debt Sale

(Bloomberg) — For the second time in two weeks, Wall Street bankers suffered a painful reminder of how quickly risk appetite is evaporating from credit markets as a $3.9 billion debt sale for a ...

U.K. ‘Mini Budget’ Likely Just Dealt Scotland A Fiscal Time Bomb

The flags of Britain, Scotland and European Union wave outside the Scottish parliament in Edinburgh, … [+] Friday, Jan. 31, 2020. Britain officially leaves the European Union on Friday after a d...

EOS Price Analysis: EOS bears dealt a short hand as the outlook remains positive 

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Ford Dealt a Huge Blow

The announcement no doubt resonated strongly on all floors at Ford’s  (F)  headquarters in Dearborn, Mich. This unexpected news has certainly taken CEO Jim Farley and his team by surprise as the...

India’s 1% tax has dealt a heavy blow to crypto trading volumes

The trading volumes on Indian cryptocurrency exchanges have come under added pressure from the 1% tax that came into effect on July 1. The trading volumes have been on a downward slope ever since Indi...

Blackstone dealt legal setback after $5bn low-income housing deal

Blackstone has suffered a legal setback in a dispute with housing non-profits that are trying to seize some of the apartment buildings it bought for $5.1bn from AIG last year. The world’s biggest priv...

MicroStrategy Dealt Heavy Blow Following Crypto Crash

Software giant MicroStrategy continues to suffer thanks to its ongoing ties with bitcoin. The world’s number one digital currency by market cap has been undergoing a series of heavy losses over the pa...

What are the problems that bitcoin has dealt with, recently?

A crypto can be called a virtual currency or digital currency. That’s shielded by digital signatures. And is utilised as a means for the exchange of values. Making use of crypto is to verify as well a...

Jamie Dimon Dealt Rare Blow as JPMorgan Holders Reject Pay Plan

(Bloomberg) — Jamie Dimon was handed a rare defeat from shareholders as they rejected a pay proposal, just months after the board unfurled lucrative incentives for the JPMorgan Chase & Co. c...

Reed Hastings, Hedge Funds Dealt Blow After Netflix Miss

(Bloomberg) — Reed Hastings’s fortune was already on the decline before Netflix Inc., the streaming giant he co-founded, reported dismal first-quarter earnings. Most Read from Bloomberg After Ne...

‘Micromobility’ Will Rise Again, Even After Blow Dealt To Trend By Covid

McKinsey micromobility guru Kersten Heineke. McKinsey Just as the “micromobility” movement was rising, with e-bikes proliferating and helmet-less urban denizens whizzing through downtowns on scooters,...

Powell’s ‘been dealt an insanely bad hand’ in inflation fight

CNBC’s Jim Cramer defended Federal Reserve Chair Jerome Powell Monday after the central bank chief promised aggressive action on inflation. “Powell’s been dealt an insanely bad hand....