back to homepage

Posts From Steve White

Sensex crashes 538 pts, Nifty below 7800 on global meltdown

Sensex crashes 538 pts, Nifty below 7800 on global meltdown

The Chinese yuan dropped to a fresh five-year low against the U.S. dollar in morning trade after China said manufacturing PMI contracted in December to 48.2, compared with 48.6 in

Read More
Chinese Stock Markets Shut After Shares Fall

Chinese Stock Markets Shut After Shares Fall

The Chinese share market has been forced to close early after stocks tumbled on the first day of trade for the year, triggering a new “circuit breaker” mechanism.

Read More
Bridgestone pulls out of bidding war for Pep Boys

Bridgestone pulls out of bidding war for Pep Boys

However, Icahn Enterprises has no intention to increase its current $18.50 per share offer if Pep Boys agrees to any increase in the termination fee payable to Bridgestone. He offered

Read More
China Market Halted After 7% Dive

China Market Halted After 7% Dive

Russia’s ruble strengthened with oil. The offshore yuan slid the most since August. Germany’s Dax dropped 3.2%, while France’s CAC 40 declined 2.5% and London’s FTSE 100 shed 2%.

Read More
Major earthquake strikes in northeast India

Major earthquake strikes in northeast India

A strong 6.7 magnitude quake struck northeast India near the country’s borders with Myanmar and Bangladesh early on January 4, sending people fleeing into the streets with dozens injured in

Read More
Oil ends 2015 in downbeat mood as price outlook remains bleak

Oil ends 2015 in downbeat mood as price outlook remains bleak

Oil prices sank Wednesday after an unexpected rise in U.S. commercial crude stockpiles reinforced worries about the prolonged global oversupply.

Read More
Mom of ‘Affluenza’ Teen Arrives in US After Being Deported From Mexico

Mom of ‘Affluenza’ Teen Arrives in US After Being Deported From Mexico

The Mexican authorities have deported American Tonya Couch, accused of helping her fugitive teenage son flee the United States despite his probation in a drink-driving case.

Read More
Uber Riders Complain About New Year Price Surges

Uber Riders Complain About New Year Price Surges

Lindsay and a group of friends were celebrating a wedding at the Southwood Community League in Mill Woods on New Year’s Eve.

Read More
Iran Denies Firing Rockets Near US Aircraft Carrier

Iran Denies Firing Rockets Near US Aircraft Carrier

The vital strait, a narrow waterway between Iran and Oman that is the route for almost a third of all oil traded by sea, is crucial for ships taking part

Read More
Sorority Student Fatally Shot In Road Attack

Sorority Student Fatally Shot In Road Attack

Someone in the SUV fired toward her vehicle and Mutschlechner was struck.

Read More
Bill Ackman made one final trade at the end of 2015

Bill Ackman made one final trade at the end of 2015

Valeant’s business model has been scrutinized by many in Wall Street. Until now, Ackman has been a strong defender of Valeant, and even boosted his stake with a massive increase

Read More
KaloBios Pharmaceutical files for bankruptcy

KaloBios Pharmaceutical files for bankruptcy

In papers filed at U.S. Bankruptcy Court for the District of Delaware, KaloBios listed total assets of almost $8.4 million and total debts of $1.9 million.

Read More