People in the Carolinas are about to rediscover the difference between the damage a storm causes and what is covered by insurance. While wind damage is well covered by insurers, flood damage is absent from most policies.
Despite the fabled co-founder’s retirement, Jack Ma will still have influence at Alibaba. But the real question for investors is whether his departure means the company’s best days are behind it.
The bank’s stock price is likely to remain under pressure as Chinese conglomerate HNA prepares to sell its 7.6% stake. But short-term pain should give way to a better longer-term foundation for the stock.
The reason to buy shares in Abbott Labs is simple:The company is growing its top line faster than just about any health-care company of comparable size and since it doesn’t sell pharmaceuticals in the U.S., it is relatively insulated from regulatory risk.
Once Fox’s deal with Disney closes, the next question will be how to value what is left behind: Fox News and Fox Sports.
Walt Disney’s streaming service could have a troublesome absence when it launches late next year.
The Justice Department’s appeal of a judge’s decision to allow AT&T’s purchase of Time Warner is highly unusual, but the odds of it achieving at least a partial victory aren’t trivial. That may only affect future deals, but there is a possibility of blowback for AT&T as well.
Many tech companies were seen as immune from trade tensions, but Facebook released a worrying outlook just as that benefit may wane.
As oil prices and gas demand rise, Royal Dutch Shell needs to plow surplus profits into production—not just share buybacks.
China analysts have spent the past three months arguing about whether Beijing will stimulate the economy as growth slows. The answer is now apparent, but what does that mean for markets?