Nasdaq is buying Adenza, a company that makes software used on Wall Street, for $10.5 billion in cash and stock. The acquisition from owner Thoma Bravo, an investment company, includes $5.75 billion in cash and 85.6 million shares of Nasdaq common stock. Nasdaq CEO Adena Friedman has been pushing the company further into tech, expanding…
Nasdaq to Buy Financial Software Company Adenza in $10.5 Billion Cash-and-Stock Deal
Stock Market Today: Wall Street Rises, and S&P 500 Hits Highest Level in More Than a Year
NEW YORK—Wall Street climbed Monday ahead of a big week for central banks around the world, vaulting the S&P 500 to its highest level in more than a year. The benchmark index rose 40.07 points, or 0.9 percent, to 4,338.93 and its highest close since April 2022. The Dow Jones Industrial Average gained 189.55, or…
Rio Tinto Deepens Pact With World’s Biggest Steelmaker
Iron ore leader Rio Tinto has signed a pact with the world’s biggest steelmaker as investors demand ways to curb the climate impact of the steel and mining industries. Under the memorandum of understanding signed with China Baowu in Shanghai, the two companies pledged to play a leading role in transforming one of the world’s…
Closing Prices for Crude Oil, Gold, and Other Commodities (June 12)
June 12, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for July delivery fell $3.05 to $67.12 a barrel Monday. Brent crude for August delivery fell $2.95 to $71.84 a barrel. Wholesale gasoline for July delivery fell 11 cents $2.48 a gallon. July heating oil fell 5 cents to $2.31 a gallon. July natural gas rose 2 cents to $2.27 per…
How Major US Stock Indexes Fared June 12
Wall Street closed higher ahead of a big week for central banks, carrying the S&P 500 to its highest level in more than a year. The benchmark index rose 0.9 percent Monday. The Dow added 189 points, while the Nasdaq rose 1.5 percent. Stocks have been cruising on hopes the economy may avoid a recession…
[ATL:NOW, 6/13 at 9:30AM ET] California’s Oppressive Policies Are Coming to a State Near You: Siyamak Khorrami
June 12, 2023
admin
American Thought LeadersBusiness & MarketsCaliforniaCalifornia crimeCalifornia Education FundingCalifornia energy priceCalifornia Gov. Gavin NewsomCalifornia taxesCalifornia unionCrime & Public Safetyeconomic policiesEducation & Family NewsenergyEpochTVLeaving CaliforniaLeaving California: The Untold StoryLive VideosNorthern CaliforniaOrange County Communitypeople leaving californiapersonal financePolicies & ImpactsRegional & State NewsRegional Newssiyamak khorramiSouthern CaliforniaSouthern California OC NewsState NewsUSUS NewsVideo
0 Comment
American Thought LeadersBusiness & MarketsCaliforniaCalifornia crimeCalifornia Education FundingCalifornia energy priceCalifornia Gov. Gavin NewsomCalifornia taxesCalifornia unionCrime & Public Safetyeconomic policiesEducation & Family NewsenergyEpochTVLeaving CaliforniaLeaving California: The Untold StoryLive VideosNorthern CaliforniaOrange County Communitypeople leaving californiapersonal financePolicies & ImpactsRegional & State NewsRegional Newssiyamak khorramiSouthern CaliforniaSouthern California OC NewsState NewsUSUS NewsVideo
From crime to cost of living, education to energy policy, the golden state of California is becoming unlivable for middle-class residents. As a result, people are fleeing the state at alarming rates. “We didn’t have this 10 years ago. We didn’t have the theft. We didn’t have the homelessness. We didn’t have all these problems,”…
Disruptions at West Coast Ports Continue Amid Labor Negotiations
June 12, 2023
admin
Business & MarketsCaliforniaCompanieseconomic policieseconomyExecutive BranchInternational Longshoremen and Warehouse UnionMarketsPacific Maritime AssociationPoliticsport of Long BeachPort of Los Angelesport slowdownRegional & State NewsRegional NewsState NewsU.S. Chamber of CommerceUSUS NewsWashington state
0 Comment
Business & MarketsCaliforniaCompanieseconomic policiesEconomyExecutive BranchInternational Longshoremen and Warehouse UnionMarketsPacific Maritime AssociationPoliticsport of Long BeachPort of Los Angelesport slowdownRegional & State NewsRegional NewsState NewsU.S. Chamber of CommerceUSUS NewsWashington state
Continuing labor disruptions at West Coast ports are causing concerns, as peak shipping season begins. Work slowdowns, due ongoing contract negotiations, have particularly affected cargo-processing operations at the two key California major ports of Long Beach and Los Angeles. Dockworkers belonging to the International Longshoremen and Warehouse Union (ILWU) have continued to “disrupt operations” at West Coast…
George Soros Gives Up Control of $25 Billion Empire
Billionaire financier and political activist George Soros told The Wall Street Journal that he had ceded control of his $25 billion empire to his son, Alex Soros, who suggested he’d be even more politically engaged than his father. George Soros, 92, told The Wall Street Journal that he had handed the reins of his Open…
Persistent Inflation, Federal Reserve Rate Hike to Headline the Economic Week
Inflation data and the Federal Reserve’s policy meeting will headline this week’s economic events—but retail sales numbers, regional central bank manufacturing index readings, and consumer sentiment will be other important data investors will watch. The May consumer price index (CPI) report will be released on June 13. The consensus estimate is an annual print of…
Persistent Inflation, Federal Reserve Meeting to Headline Economic Week
Inflation data and the Federal Reserve’s policy meeting headline this week’s economic events, although investors also will be watching other important data such as retail sales numbers, regional central bank manufacturing index readings, and consumer sentiment. The May consumer price index (CPI) report will be released on June 13. The consensus estimate is an annual print of…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta