(Bloomberg) — Wells Fargo & Co. plans to cut its dividend, breaking with all of the biggest Wall Street banks, after the Federal Reserve last week set new restrictions on the payouts.“There remains great uncertainty in the path of the economic recovery and though it’s difficult to accurately predict the ultimate impact on our credit […]

Last week, along with the market retracement, shares of online sports betting company DraftKings (DKNG) dropped by 20%. The plunge cannot detract from the fact that since going public through a reverse merger in April, the stock has still outperformed the market considerably – up by over 70% (and by 210% since the turn of […]

Stock futures hugged the flat line Monday evening as overnight trading kicked off heading into the final session of the month and quarter.

(Bloomberg) — Tesla Inc.’s stock price climbed back above $1,000 after Chief Executive Officer Elon Musk suggested the electric-car maker may be able to avoid a second-quarter loss.“Breaking even is looking super tight,” Musk wrote in an email to employees obtained by Bloomberg and first reported by Electrek. “Really makes a difference for every car […]

Vallow faces two counts of conspiracy to commit destruction, alteration or concealment of evidence; she was already charged with desertion of children.

Watergate journalist Carl Bernstein spoke with sources about months’ worth of private Trump calls with world leaders, with a source calling the calls ‘abominations.’

Thailand on Tuesday extended an emergency decree until the end of July in a bid to avoid the risk of a second wave of the coronavirus, an official said, as the country was poised to reopen bars and allow some foreigners into the country. The cabinet approved the extension of the emergency decree because the […]

“The ambush tactics for which the mini-sub is designed seem to fit the pattern of recent Iranian weapons procurement and their expressed interest in building a robust anti-access/area denial capability.”

The body of one of three hikers missing at Mount Rainier National Park in Washington state has been found, according to the National Park Service.

North Korea’s fury over anti-Pyongyang leaflets launched from the South is driven by “dirty, insulting” depictions of leader Kim Jong Un’s spouse, Russia’s top envoy in the reclusive country has said. In recent weeks Pyongyang has issued a series of vitriolic condemnations over anti-North leaflets which defectors based in the South send across the militarised […]