While Novo Nordisk and Eli Lilly have soared in the past year, Roundhill Investments sees bigger gains ahead for the GLP-1 drugmakers.
Alibaba’s global arm signs David Beckham as international e-commerce brand ambassador
Soccer star David Beckham has signed his latest advertising deal with Alibaba’s international e-commerce platform AliExpress, the business unit said Monday.
Clarity? In this economy?
Things look solid with the election five months out, but Americans are torn between hopeful and stuck on a “hamster wheel.”
The 10 books the rich will be reading this summer
The list includes books on effective communication, AI, Formula One, whiskey, hidden vacation spots and the art collection of Alicia Keys and Swizz Beatz.
Cash discounts, while still rare, are up over 60% from 2015. Here’s how much you can save
More merchants are giving discounts to consumers who pay with cash, or putting surcharges on credit card purchases.
Chinese companies are looking overseas for growth. Morgan Stanley says this is the stock to play the trend
A U.S.-listed Chinese company that makes most of its money overseas could soar more than 75%, according to Morgan Stanley’s newly updated forecasts.
Rise of resort day passes offers travelers luxury on a budget
ResortPass holds 95% of the day-guest market and has partnered with luxury hotels including the Waldorf-Astoria, JW Marriott and Fontainebleau.
The Fed probably won’t be delivering any interest rate cuts this summer
Investors likely will have to sweat out a summer during which it looks increasingly unlikely that the Federal Reserve will be cutting interest rates.
Stocks making the biggest moves midday: Workday, Lucid, Toast, Deckers and more
These are the stocks posting the largest moves in midday trading.
How private equity rolled Red Lobster
When a private-equity firm bought the iconic seafood chain in 2014, it sold the real estate under the restaurants for $1.5 billion. Then the restaurants struggled to pay the rents.