Sir Richard Branson stands on the floor of the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019. Richard Branson Virgin Galactic IPO NYSE Check out the companies making headlines in midday trading. Apple — Shares of the iPhone maker fell […]
Stocks take a hit after Apple warning
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Dow Jones Industrial Average falls 165 points The slid 165.89 points, or 0.56%, close at 29,232.19. The dipped 0.29% to 3,370.29. The climbed 0.02% to 9,732.74. The major averages were under pressure for most of […]
LendingClub buys Radius Bank in first fintech takeover of a bank
LendingClub, a fintech company that pioneered personal loans made online, is buying a U.S. bank to give it access to a stable and cheaper source of funding, CNBC has learned. LendingClub is paying $185 million in cash and stock for Radius Bancorp, according to documents viewed by CNBC. Radius, a […]
Herbalife, Groupon, LendingClub and more
Herbalife distribution center in Los Angeles. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines after the bell: LendingClub – Shares of the fintech company were down 1.98% in extended-hours trading after it announced plans to pay $185 million in cash and stock for Radius […]
China’s after-school programs to shut down or move online
Chinese students of Fuyang No.5 Middle School study in a classroom at night for upcoming National College Entrance Examination (Gaokao) on May 29, 2018 in Fuyang, China. Visual China Group | Getty Images As local governments in China delay the re-opening of schools to limit the spread of the new […]