Month: September 2021

Nasdaq Short Interest Down 0.07 Percent in Mid-September

Short interest on the Nasdaq fell 0.07 percent in the first two weeks of September, the exchange said on Friday. As of Sept. 15, short interest fell to about 11.014 billion shares, from 11.023 billion shares as of Aug. 31. Investors who sell securities “short” borrow shares and then sell them, on expectations the stock…


Dow, S&P 500 End With Gains up After Bumpy Week, but Nike Drags

NEW YORK—The Dow and S&P 500 edged higher on Friday and ended a turbulent week with slight increases, helped by gains in Tesla and Facebook that offset a tumble by Nike. Athletic wear company Nike’s shares fell 6.3 percent and were the biggest drag on the Dow and the S&P 500 after it delivered a…


Talented Egyptian Artist’s 3D Drawings Look So Real They Will Make You Do a Double-Take

As technology is capable of rendering believable realities in three dimensions, it is no easy feat for an artist with a pen and paper in his hands to do so. Yet one man from Egypt is doing just that. Born and raised in Alexandria, Mustafa Mohamed Samir Ragheb has loved drawing since he was a…


Chinese Police Take Away HNA Chairman, CEO on Suspicion of Crimes

SHANGHAI—China’s HNA Group, once one of the country’s most acquisitive conglomerates, said on Friday that its chairman and its chief executive had been taken away by police due to suspected criminal offenses. The company, which was placed in bankruptcy administration in February, said in a statement on its official WeChat account it had been notified…


Tom Felton of ‘Harry Potter’ Fame Collapses at Ryder Cup

SHEBOYGAN, Wis.—British actor Tom Felton, known for his portrayal of Draco Malfoy in the “Harry Potter” movies, collapsed while playing a celebrity golf exhibition Thursday at the Ryder Cup. Ryder Cup organizers said only that Felton experienced “a medical incident” at Whistling Straits and was taken to a local hospital for treatment. They provided no…


French Trade Minister Declines to Meet With Australian Counterpart

PARIS—French Trade Minister Franck Riester has declined an offer to meet his Australian counterpart next month in Paris, suggesting tensions will not quickly subside after Canberra’s recent decision to scrap a $40 billion submarine deal with France. Dan Tehan had told Australian Broadcasting Corporation radio on Monday he would be “very keen” to meet Riester…


French President Macron and UK PM Boris Johnson Spoke on Friday

PARIS—French President Emmanuel Macron spoke over the phone on Friday with British Prime Minister Boris Johnson, said Macron’s office, during which Johnson had told Macron that Britain wanted to restore its cooperation with France. The leaders agreed to keep talking about issues such as the Northern Ireland Protocol, a statement from Johnson’s office said. The…


Yellen Cites Need for Compromise on Digital Service Taxes in Call With French Counterpart

WASHINGTON—U.S. Treasury Secretary Janet Yellen, in a call on Friday with French Finance Minister Bruno Le Maire, stressed the importance of reaching a compromise on the withdrawal of digital services taxes, the Treasury Department said in a statement. Yellen also conveyed appreciation for Le Maire’s dedication to the effort of reforming the global tax system,…


United Airlines Fined $1.9 Million for Tarmac Delays

WASHINGTON—United Airlines was fined $1.9 million Friday by the Department of Transportation (DOT) for violating federal rules on long tarmac delays and ordered to cease future similar violations. The department said between December 2015 and February, United allowed 25 flights to remain on the tarmac for lengthy periods without allowing passengers to deplane. United said…


Britain Has 10 Days to Save Christmas, Retail Sector Says

LONDON—Britain’s retail industry warned the government on Friday that unless it moves to alleviate an acute shortage of truckers in the next 10 days then significant disruption was inevitable in the run-up to Christmas. As the world’s fifth-largest economy emerges from COVID-19 lockdowns, a spike in European natural gas prices and a post-Brexit shortage of…