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Premarket: 7 things to know before the bell

Posted on Money Markets at 8:56 am on June 23, 2017 by admin

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Click chart for more in-depth data. 1. EU summit: European Union leaders are meeting in Brussels on Friday. It’s been one year since Britain voted to leave the EU, and the country’s departure is at the top of the bloc’s agenda. Divorce negotiations officially kicked off on Monday. On Thursday, British Prime Minister Theresa May Read more

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John Oliver sued by coal CEO claiming 'character assassination'

Posted on Money Markets at 7:58 pm on June 22, 2017 by admin

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Coal CEO sues John Oliver John Oliver — and a giant squirrel — made the king of coal seriously angry. Robert Murray, the CEO of one of America’s largest coal companies, filed a defamation lawsuit against Oliver on Wednesday. The lawsuit claims the HBO comedian executed a “meticulously planned” and “ruthless character assassination” designed to Read more

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EpiPen maker's $98 million payout is just way too much, shareholders say

Posted on Money Markets at 7:09 pm on June 22, 2017 by admin

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Mylan CEO grilled by Congress over EpiPen price hikes EpiPen maker Mylan got a rare scolding from shareholders who are fuming over a $98 million pay package for its former CEO. A majority of Mylan shareholders on Thursday rejected the drug company’s 2016 plan for paying its executives. Critics have blasted the plan as outrageous Read more

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Hasbro has 'Monopoly' with toy fans as Mattel struggles

Posted on Money Markets at 4:00 pm on June 22, 2017 by admin

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Barbie’s boyfriend Ken gets diverse makeover It’s going to take more than a new lineup of Ken dolls to revive the fortunes of toy maker Mattel, especially as rival Hasbro boasts some of its best performance ever. Mattel’s stock is down 27% this year, and is trading at its lowest level since the summer of Read more

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It's official. Business isn't investing in Britain.

Posted on Money Markets at 3:50 pm on June 22, 2017 by admin

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The headaches of negotiating Brexit The man running Britain’s economy has warned that uncertainty over Brexit is stopping businesses from investing in the country. “There is a large amount of business investment that is being postponed until business can see more clearly what the likely outcome of [Brexit] is,” Treasury chief Philip Hammond said Thursday Read more

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