Here are the most important news items that investors need to start their trading day.
– which includes layoffs, store closures and a new loan to keep it afloat – in late August, just after its fiscal second quarter ended. So the results posted Thursday don't yet reflect how Bed Bath is executing its new strategy.Hurricane Ian made landfall in Florida as a dangerous Category 4 hurricane Wednesday afternoon. but it remains dangerous
as it forges its way through the central part of the state. It's too early to calculate the damage the storm has already caused in Florida. Dramatic video and images of violent winds and relentless flooding spread across social media Wednesday and Thursday."Water. We have to talk about the water," National Weather Service Director Ken Graham said."Ninety percent of fatalities in these tropical systems comes from the water. It's the storm surge, it's the rain.
, too, as Gov. Ron DeSantis warned of a"nasty" few days, and President Joe Biden declared a major disaster in the state.Amazon signage is displayed outside of an Amazon.com Inc. delivery hub in the late evening of Amazon Prime Day, July 12, 2022 in Culver City, California.
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U.S. stocks open mixed after Bank of England interventionU.S. stock index futures on Wednesday showed Wall Street in danger of recording a seven-day losing streak, though a surprise intervention from the Bank of England helped to limit losses.
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Porsche IPO is set for Thursday. Here's what to know.The German stock market will get a momentary reprieve from the relentless focus on gas supplies when sportscar maker Porsche goes public on Thursday. The IPO is set to be the second largest in German history, and potentially the third-largest in Europe.
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