RDIY

Wall St falls as retail sales data fans rate fears, big banks drop

by
Wall St falls as retail sales data fans rate fears, big banks drop

[1/2]Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights July retail sales rise more than expected Nvidia gains as UBS, Wells Fargo raise PT U.S. big banks fall as a report warns of downgrades Indexes down: Dow 0.73%, … Read more

US trucking company Yellow shuts down operations, Wall Street Journal reports

by
US trucking company Yellow shuts down operations, Wall Street Journal reports

July 30 (Reuters) – The Teamsters said on Sunday that the union was served a notice that Yellow Corp (YELL.O) is ceasing operations and filing for bankruptcy. “Yellow has historically proven that it could not manage itself despite billions of dollars in worker concessions and hundreds of millions in bailout funding from the federal government,” … Read more