By John McCrank NEW YORK (Reuters) – The Members Exchange (MEMX), a new bourse backed by major Wall Street firms looking to take on the New York Stock Exchange and Nasdaq Inc through lower fees, said on Friday it delayed its planned launch date due to the coronavirus crisis. MEMX now expects to launch at […]
By David Randall NEW YORK (Reuters) – Uncertainty over the economic impact of the coronavirus outbreak has prompted at least some winners of the U.S. Lipper Fund Awards to look for companies that can withstand a prolonged pullback. U.S. stocks are down sharply from the record highs they reached in late February as companies ranging […]
(Reuters) – Bankrupt California power producer PG&E Corp said on Saturday it had submitted an updated bankruptcy reorganization plan including a new board of directors and new roles aimed at addressing concerns raised by California Governor Gavin Newsom. PG&E filed for Chapter 11 protection in January last year, citing potential liabilities in excess of $30 […]
