The fast money’s lack of conviction in the 2019 stock rally has become notorious, but managers retained faith in their most-loved names. Even as hedge funds kept equity exposures light in this year’s advance, the relative size of their biggest long positions …
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Google might give Android away for free, but its shareholders should understand that the ubiquitous mobile operating system isn’t a charity act. It has, however, become the latest pawn in the escalating trade war between the U.S. and China, and a big one.
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The dollar strengthened Tuesday, buoyed by gains against the Australian dollar after Reserve Bank of Australia cleared the path to an interest-rate cut in June. In recent trading, the Australian dollar was down 0.4% against the U.S. dollar at 68.76 U.S. cents, …
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BIRMINGHAM, Ala. (WBRC) – A spokesman for Mayor Randall Woodfin confirms that the mayor told Diane McWhorter in a story for CNN that the new state abortion bill has cost the city two information technology companies. Alabama’s abortion law is the most …
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DETROIT (WXYZ) — The Detroit City Council approved a proposed land swap deal for a Fiat Chrysler plant on Tuesday afternoon during the regular hearing. The plan passed by a 6-3 vote. Earlier this month, the city announced it had acquired 25 acres of …
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