Tag Archives: Martin Shkreli

Financial Daily Dose 3.23.2020 | Top Story: The Fallout of COVID-19 Continues

BY: Juvian Hernandez | March 23, 2020

The fallout of COVID-19 continues: “S&P 500 futures fell nearly 4%;” the yield on 10-year U.S. Treasury notes fell to 0.788%; Brent crude fell by 4.6%; the stimulus and fiscal relief package hit a roadblock in the Senate; and the US’s COVID-19 infections jumped 10x from just a week ago. – WSJ and Bloomberg and NYTimes For more on oil … Continue reading

Financial Daily Dose 1.28.2020 | Top Story: Markets Tumble as Fears Spread Over Coronavirus Epidemic

BY: Michael D. Reif | January 28, 2020

A mounting death toll (over 106 and counting) and fears of a coronavirus pandemic sent markets tumbling early on Monday and kicked off a selloff that continued all day – NYTimes and MarketWatch and WSJ and Bloomberg General Motors announced that it will pour $2.2 billion into an underused Detroit manufacturing facility so it can … Continue reading

Financial Daily Dose 11.19.2019 | Top Story: T-Mobile Chief John Legere to Leave Company in April

BY: Michael D. Reif | November 19, 2019

T-Mobile chief and fan-of-magenta John Legere has announced that he’ll be stepping down in April at the end of his current contract. Legere will be succeeded by Mike Sievert, the carrier’s current president and COO – NYTimes and WSJ and Bloomberg and MarketWatch and Mashable Troubled by scrutiny from high-profile US lawmakers and regulators, social … Continue reading

Financial Daily Dose 7.1.2019 | Top Story: US and China Pledge to Resume Trade Talks

BY: Michael D. Reif | July 1, 2019

The US and China agreed to resume trade talks after a  7-week hiatus, “averting for now an escalation of their multibillion-dollar tariff war that has roiled global markets and threatened the future of the world’s two largest economies.” An easing of the White House’s Huawei restrictions and China’s agreement to “buy a ‘tremendous amount’ of … Continue reading