Two 'Forbidden' IPOs Pit Gulf Investors Against Islamic Clerics

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Two 'Forbidden' IPOs Pit Gulf Investors Against Islamic Clerics

This year's list of IPO debacles could grow longer if Kuwait's clerics have their way. A religious ruling in Kuwait against two initial public offerings
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Stock investors see silver lining in Fed's rate-cut pause

NEW YORK, Oct 30 (Reuters) – The U.S. Federal Reserve may be done cutting interest rates but stock investors are not done buying. The central bank on Wednesday cut rates for the third time this year, as expected, but signaled its rate-cut cycle might be at a …
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Nearly 1 in 4 Americans without a credit card don't qualify—here's why you may be denied

If you’ve been denied for credit, you’re not alone. About 24% of Americans without a credit card say that not qualifying is the primary reason they don’t have a card, according to a survey of about 2,200 U.S. adults that CNBC Select performed in conjunction …
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Starbucks' stock jumps on strong US and China sales growth

Starbucks on Wednesday reported quarterly revenue that topped analysts’ expectations as cafes in the U.S. and China attracted more customers. Shares of the company jumped more than 2% in extended trading. “Our U.S. business delivered 6% comparable …
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Mother of 737 MAX crash victim confronts Boeing CEO after hearing and tells him to quit

Washington (CNN) After a contentious hearing where Boeing admitted mistakes and missed red flags about the safety of its 737 MAX jet, a mother whose daughter died in one of the crashes confronted CEO Dennis Muilenburg. “Go back to Iowa. Do that,” said …
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