Macy's quietly lays an egg — and more may be coming for retail: Morning Brief – Yahoo Finance

A version of this article first appeared in the Yahoo Finance Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. SubscribeMacy's (M) dumped some bad news on Friday evening.Management teams for public companies will sometimes think it's clever trying to bury bad news into a … Read more

'Queen of Stonks' Nancy Pelosi's portfolio of stocks plunged 20% last year – meaning she even underperformed funds that track the struggling S&P 500 – Yahoo Canada Finance

Coinbase shares jump after company embarks on third round of layoffs since last yearNancy Pelosi’s portfolio slumped 20% last year, according to an Unusual Whales report published last week.That means the former ‘Queen of Stonks’ lagged the S&P 500 in 2022.But many other politicians – including Georgia Rep. Marjorie Taylor Greene – beat the benchmark index.Nancy … Read more

Invitae Reports Preliminary 2022 Financial Results – Yahoo Finance

— Approximately 12% growth year-over-year in revenues —— Greater than $555 million in cash, cash equivalents, marketable securities, and restricted cash —— Cash burn continued its declining trend over the past five quarters —— Presenting at the 41st Annual J.P. Morgan Healthcare Conference on January 11 at 9:00 a.m. PST —SAN FRANCISCO, Jan. 9, 2023 /PRNewswire/ … Read more

Want to succeed on Wall street? Learn poker, not economics – The Business Standard

Tuesday January 10, 2023 Perhaps the most famous trading experiment ever conducted was when commodities investor Richard Dennis bet his partner William Eckhardt in 1983 that he could train a group of amateurs – dubbed “the Turtles” — to be successful futures traders. The bet was to be settled by giving the Turtles real money … Read more

German finance regulator warns of 'Godfather' malware attacks – Reuters

FRANKFURT, Jan 9 (Reuters) – German finance regulator BaFin on Monday warned consumers that the malware known as "Godfather," which records user input, has been attacking 400 banking and cryptocurrency apps, including some in Germany.BaFin said that it was unclear how the malware infected consumers' devices.The malware displays fake websites of regular apps that can … Read more

Brookfield Asset Management Announces Establishment of Normal Course Issuer Bid – Financial Post

Author of the article:BROOKFIELD, NEWS, Jan. 09, 2023 (GLOBE NEWSWIRE) — Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“Brookfield Asset Management”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Brookfield Asset Management of its intention to commence a normal course issuer bid to purchase up to 31,785,036 … Read more

ExeVir receives EIB risk finance for multiple COVID-19 nanobody – European Biotechnology News

09.01.2023 by tg With the help of a €25m loan from the European Investment Bank, ExeVir BIO BV will advance clinical trials with its COVID-19 nanobody XVR012. With the resurgence of COVID-19 in China, ExeVir BIO sees commercial potential in the future treatment of immunocompromised people, who make up 3% of the population of Western … Read more

LSQ, Calculum to improve supply chain finance – The Paypers

 The new partnership is set to help with bettering liquidity and building resilient, sustainable, and diverse supply chains by leveraging artificial intelligence and trade finance solutions. As per the announcement, the agreement is to collaborate and combine LSQ’s working capital and supply chain finance solutions with Calculum’s data analytics services and technical expertise. Through this … Read more