Downtrodden stock pickers see opportunity in rebound

Stock pickers are hoping for a sustained comeback as the market dominance of technology companies wanes in a recovering US economy. The initial pandemic-era rally in US stocks, which has reached its first anniversary this week, has been all about big tech, with a handful of giants such as Apple and Facebook at one point accounting for about one-quarter of […]

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Fact check: President Joe Biden, Democrats made remarks from the Rose Garden, not a movie set

The claim: Biden has been using Perry Studios, not the real White House After President Joe Biden, Vice President Kamala Harris, House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer spoke from the Rose Garden on the passage of the $1.9 trillion COVID-19 relief package, social media posts claimed the remarks were filmed on a movie set, not at the real White House. […]

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BlackRock, others' risks should be studied, 'systemic' tag may not be best: Yellen

(Reuters) – Treasury Secretary Janet Yellen said on Wednesday it is important to “look carefully” at systemic risks posed by asset managers, including BlackRock Inc, but said designating them as systematically important financial institutions may not be the right approach.FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. REUTERS/Lucas JacksonYellen’s remarks […]

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S&P 500 slips as tech stocks pull market lower

NEW YORK (Reuters) – The S&P 500 closed lower on Wednesday as optimism about the economic recovery by Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen was unable to halt a decline in technology shares for a second straight day.FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough […]

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OVS Inks Distribution Deal With Gap in Italy

MILAN — Gap is now available at OVS thanks to a trip made by Stefano Beraldo, chief executive officer of the leading Italian retailer, to Terni, Italy a couple of years ago. “I was driving to Naples and decided to stop in Terni to check out the OVS store in that city,” said Beraldo. “I asked our team there what […]

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GameStop weighing stock offering to fund transformation

GameStop is considering selling some of its shares, a move that would enable the video-game retailer to capitalize on the massive surge in its stock price this year. In a filing with the Securities and Exchange Commission late Tuesday, the company noted that it has been evaluating since January whether to increase a $100 million stock offering program it established […]

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Big 4 alumni are joining the legal industry in droves. Here's how 3 of them landed top jobs at firms like Mayer Brown, Perkins Coie, and Hogan Lovells.

Over the last five years, more professionals have moved from the Big Four to Big Law. While some have become lawyers, many have joined law firms on the business side. Law firms are hiring nonlawyers to stay competitive and manage billions of dollars in revenue. See more stories on Insider’s business page. Law firms are under increasing pressure to act […]

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