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May 14, 2025

Wall Street

Article

WeWork seeks bankruptcy protection in stunning fall for a firm once valued at close to $50 billion

November 8, 2023 The Associated Press

NEW YORK — WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went […]

Article

American Airlines lost $545 million in the third quarter on higher labor costs while rivals prosper

October 27, 2023 The Associated Press

DALLAS — American Airlines posted a $545 million loss for the third quarter as revenue was flat with last summer and costs rose, especially to cover a new contract with its pilots. American on Thursday […]

Article

Bitcoin goes mainstream, Wall Street looks to cash in

October 21, 2021 The Associated Press

By STAN CHOE AP Business Writer NEW YORK — Love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day. Cryptocurrencies have surged so much that their total value has […]

Article

Leadership shakeup continues at GameStop, CEO to depart

April 19, 2021 Michelle Chapman, Associated Press

The overhaul in the top ranks of GameStop continues with the announced departure of CEO George Sherman at the end of July. Company shares rose more than 8% before the opening bell Monday. Less than […]

Article

Investing ABCs: Teaching your kids about money and markets

March 5, 2021 Sarah Skidmore Sell, Associated Press

The recent stock market mania over the video game company GameStop, which this week was scrutinized by Congress, has provided a teachable moment for kids. The Associated Press talked to a few parents and financial […]

Article

Arturo Di Modica, sculptor of Wall Street bull, dies at 80

February 23, 2021 Frances D'Emilio, Associated Press

ROME — The artist who sculpted Charging Bull, the bronze statue in New York which became an iconic symbol of Wall Street, has died in his hometown in Sicily at age 80. Arturo Di Modica […]

Article

Silver is the new GameStop: Price boosted by online movement

February 1, 2021 The Associated Press

LONDON — The price of silver is rallying as the online trading movement fuelling the rise of unloved shares like GameStop took a shine to the precious metal. Silver futures jumped almost 12% on Monday […]

Article

Trading sites restrict stock trading in GameStop, other cos.

January 28, 2021 The Associated Press

NEW YORK — Robinhood and other online trading platforms are moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors. GameStop stock has rocketed from […]

Article

In battle over GameStop shares, two big players flinch

January 27, 2021 Michelle Chapman and Stan Choe, Associated Press

A David and Goliath saga is unfolding in financial markets over the stock price of struggling retail chain GameStop. On Wednesday, Goliath walked away from the battle. Two Goliaths, actually. A pair of professional investment […]

Article

Wells Fargo CEO apologizes for comments about diversity

September 23, 2020 Ken Sweet, Associated Press

NEW YORK — Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made about the difficulty of finding qualified black executives. Scharf said that “there is a very limited pool of black talent to […]

Posts pagination

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