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Category: Business
Business
FedEx released its 2019 Q2 earnings report today. FedEx won’t achieve its operating income goals by fiscal 2020, the company said today. It’s also going to start…
Blythe Masters has stepped down from her role as CEO of blockchain company Digital Asset Holdings for personal reasons. Masters is a former JPMorgan executive and one…
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The Royal Bank of Canada’s investment banking arm is moving into the marijuana industry. “We’re going to be selective in our approach, frankly, but within the bank…
La Lotería de Navidad, or the Spanish Christmas Lottery, takes place on December 22. It’s the world’s biggest lottery. According to a study by scientists in Sweden…
Mitsubishi UFJ Financial Group has hired hedge-fund executive John Karabelas to run fixed-income sales in the Americas. Karabelas, a 25-year vet with long stints at Deutsche Bank…
Citigroup is facing $180 million in losses on loans gone sour to an Asian hedge fund, according to Bloomberg. The fund reportedly got battered on foreign-exchange bets…
Autonomous and electric transportation will eventually resemble a utility like electricity, gas, or phone service, Morgan Stanley said in a note to clients on Tuesday. That could…
Short seller Andrew Left’s firm Citron Research on Tuesday afternoon released a bullish report on Canadian marijuana producer Aphria. Aphria was recently targeted by short sellers who…