Новости за 20.11.2015

Investors' skittishness toward Square, known for its debit and card readers that plug into mobile devices, reflects uncertainty about the direction of the global economy as the Federal Reserve Bank prepares to raise short-term interest rates for the first time in nearly a decade, said James Gellert, CEO of the research firm Rapid Ratings. Some investors are also worried about the distractions and demands facing Square's co-founder and CEO Jack Dorsey. Besides running Square, Dorsey is serving as... Читать дальше...

NEW YORK (AP) — Shares of cancer drug developer KaloBios Pharmaceuticals rocketed higher Thursday after controversial investor Martin Shkreli led a group that took a majority stake in the company just after it had decided to wind down its operations. In January KaloBios said a drug it was developing to treat lung infections in cystic fibrosis patients had failed in clinical testing. The uproar over its actions and similar moves by other companies helped start government investigations, proposals... Читать дальше...

The main culprit is the plunging price of oil, which has decimated earnings at big energy companies like Exxon Mobil and Chevron. Earnings at energy companies dropped a staggering 59 percent in the third quarter, enough to drag overall profits for companies in the Standard & Poor's 500 index down 1.5 percent, according to estimates by S&P Capital IQ. The strong dollar makes it much harder for U.S. companies to compete in overseas markets; slowing growth in other countries, especially China... Читать дальше...

MIAMI (AP) — "Art Basel" is shorthand here for the celebrity sightings, luxury branding, exclusive parties and traffic that ramp up in early December. Some have had to relocate, consolidating many events in South Beach and Miami's arts district, as surging development reclaimed the empty lots where they once pitched their tents. All the paintings, photographs and sculptural installations can start to blur together, and the glitterati crowding the gallery booths can be intimidating. Remember that the art is accessible to everyone... Читать дальше...