China Evergrande is making overdue interest payments on dollar bonds, state media say

The China Evergrande Group has made an overdue interest payment to international bondholders, the state-run Securities Times reported on Friday, an unexpected move that enables the real estate company to avert default. The Chinese real estate developer transferred $ 83.5 million to the trustee for the dollar bonds Thursday, and that financial institution will in … Read more

Deutsche Bank whistleblower receives $ 200 million bounty for tips for Libor misconduct

A whistleblower whose information helped US and UK regulators investigate Deutsche Bank’s manipulation of global interest rate benchmarks AG was awarded nearly $ 200 million in support of the investigation, according to people familiar with the matter. The payout is the highest ever by the Commodity Futures Trading Commission, which worked with the Department of … Read more

PayPal shares tumble on news from Pinterest talks

Shares in PayPal Holdings Inc. PYPL -5.86% fell 5.9% on Thursday, a sign investors have doubts about the company’s possible purchase of Pinterest Inc. PINS -2.12% Shares fell $ 15.15 to $ 243.21 in early trading. That was in addition to a 4.9% decline Wednesday after a potential deal became known. PayPal lost more than … Read more

Is a Moderna, Pfizer, or J&J Covid-19 Booster Shot Best For You? What You Should Know About Mixing Vaccines – The Wall Street Journal

Is a Moderna, Pfizer, or J&J Covid-19 Booster Shot Best For You? What You Should Know About Mixing VaccinesThe Wall Street Journal FDA approves Covid-Booster for J&J, Moderna and allows “mix and match” recordingsCNBC television Opinion | Leana Wen: Why I chose the Pfizer booster after the Johnson & Johnson vaccineThe Washington Post 100% of … Read more

Novavax, Tesla, Netflix, United: What to watch out for when the stock market opens today

The futures are flat as investors await another large amount of earnings reports. Here’s what we’re looking at ahead of Wednesday’s action: Novavax shares plunged 23% ahead of market price after Politico reported the pharmaceutical company had difficulty manufacturing a Covid-19 vaccine that met regulatory quality standards. The vaccine manufacturer Moderna gained 0.5%. Netflix lost … Read more

Stock futures rise as large companies report profits

US stock futures rose as a number of companies released earnings that investors analyzed for insights into how companies were doing with inflation and supply chain disruptions. Futures for the S&P 500 rose 0.4% Tuesday, suggesting the broad market index will rise after New York’s opening bell. Contracts for the technology-driven Nasdaq-100 rose 0.4% and … Read more

Haitian Kidnap Gang Demands $ 17 Million Redeeming Exiled American Missionaries

Haitian Kidnap Gang Demands $ 17 Million Redeeming Exiled American Missionaries

Justice Minister Liszt Quitel said FBI and Haiti police were meeting with looters and seeking the release of the missionaries, who were abducted last week outside the capital Port-au-Prince by a group called 400 Mawozo. Among the missionaries there are five children, Mr. Quitel said, one an eight-month-old baby and the others aged 3, 6, … Read more

Zillow is outdone in his own game

Zillow seems to be over the moon. The company, which took pride in its technology to outsource a lot of human work, suddenly hands the work right off to the human. The Zillow Group’s automated home flipping business has temporarily suspended new home purchases, Bloomberg reported on Sunday. In a statement accompanying the article, a … Read more

WSJ Tech Live Conference features interviews with Alphabet CEO Sundar Pichai, CEOs of ViacomCBS and Reddit

The Wall Street Journal is hosting its live virtual tech conference with top executives, technologists, and policy makers to discuss a range of topics, including the long-term impact of Covid-19 as businesses have disrupted supply chains, shrinking workforces, and the like persistent chip are facing shortages. The conference begins at a time when lawmakers are … Read more

Stock futures tumble after weak growth data from China

US stock futures fell slightly after data showed China’s economic growth slowed sharply in the third quarter and investors weighed the risk to global growth from unexpectedly high inflation, supply chain problems and increased energy demand. Futures for the S&P 500 declined 0.4% on Monday, suggesting the broad market index will decline after its best … Read more