Wall Street erases losses, helped by bank and energy stocksU.S. stocks were flat on Wednesday morning, clawing back from losses of more than 1 percent earlier, helped by energy stocks as oil prices reversed earlier losses and bank stocks as 10-year U.S. treasury yields moved off a ne…Read More
Oil jumps 4 percent, but demand concerns still weighOil prices rose 4 percent in choppy trading on Wednesday, but concerns remained about rising crude production and weakening global economic growth which could hurt demand for oil.
from Reuters: Business News https://reut…Read More
Tesla shares drop on price cut, disappointing Model 3 deliveriesShares in Tesla Inc dropped as much as 9 percent on Wednesday after the electric car maker cut U.S. prices for all its vehicles to offset lower green tax credits and fell short on deliveries of its mass-market Model 3 sedans …Read More
Netflix poaches Activision's Neumann for CFO roleNetflix Inc said on Wednesday it had appointed media finance veteran Spencer Neumann from Activision Blizzard as its chief financial officer.
from Reuters: Business News https://reut.rs/2F4tMkh
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