Author: super@dmin
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MarketWatch First Take: Kohl’s CEO Gass steps down to join Levi’s
Gass will step down as Kohl’s CEO on Dec. 2 and will join Levi Strauss on Jan. 2.
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: UBS offices in Germany raided, allegedly over ties to Russian oligarch
German news weekly Der Spiegel first reported the office searches, which it said was connected to Russian billionaire Alisher Usmanov and more than 2 million euros ($2 million) worth of transactions between 2018 and 2020.
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The Margin: Results of $1.9 billion Powerball drawing finally announced. Here are the winning numbers.
The drawing was held after a 10-hour delay.
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: ‘Only time will tell if September was the nadir:’ Zillow reports sharp home-value declines in these cities, amid grim outlook for U.S. housing market
Home values were flat between September and October, with some markets in the west and south seeing big declines in home prices.
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The MarketWatch 50: The 10 most influential investors in the market today
They have helped move the prices of securities, influenced strategies of market participants, and determined how markets are structured and function.
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Bond Report: 2-year Treasury yield pulls back from 15-year high as investors await U.S. midterm election results
Treasury yields are mostly lower Tuesday as U.S. voters head to the polls in a midterm election that will determine control of Congress.
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The Tell: Stocks are trading exactly where they were 5 months ago, which could mean they’re poised for more gains, one analyst says
The S&P 500 is trading at roughly the same level from five months ago, which could mean U.S. stocks are poised to keep on rallying after their stellar performance in October, according to Leuthold Group’s Jim Paulsen.
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MarketWatch First Take: AMC stock lifted by ‘Zoom Rooms’ partnership with Zoom
The Zoom Rooms at AMC will be workspaces for hybrid teams
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Dow Jones Newswires: Puma’s new CEO Arne Freundt takes reins immediately as incumbent moves to Adidas top job
Puma said Tuesday that Arne Freundt will take over immediately as chief executiveafter incumbent CEO Bjorn Gulden was named to lead rival Adidas.
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Futures Movers: Oil weakens as investors assess China demand outlook
Oil futures lose ground Tuesday as investors assess China’s COVID policy.