Person looking in mirror at a red dress A new analyst note on Alibaba (NYSE: BABA) pushed the company’s stock higher on Thursday. While the document didn’t indicate a change in view from its author, it did help support the bull case for the stock. Ultimately, Alibaba shares ended the day almost 4% higher, well […]
Alibaba Group Holding Limited (NYSE: BABA) stock is trading higher Thursday as it replaced Trudy Dai, a founding partner, with CEO Eddie Wu as the head of its core Chinese e-commerce platforms, Tmall and Taobao. The move marked Alibaba’s strategy to recover from recent challenges, including intensifying competition from PDD Holdings Inc (NASDAQ: PDD). Alibaba is now focusing on recovering […]
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador said he would speak to his U.S. counterpart Joe Biden on Thursday morning and that the two could discuss migration, amid concerns about increased border crossings and disruptions to trade. Dozens of major U.S. agricultural groups on Wednesday urged the U.S. to reopen two rail crossings […]
On Thursday, the U.S. Department of Health and Human Services (HHS) will allow the federal public health emergency for the COVID-19 pandemic to expire, but not everyone sees it as a cause for celebration. HHS Secretary Xavier Becerra had renewed the emergency for 90 days in February, signaling at the time that this would be […]
Former President Donald Trump is expected to attend the trial in the $250 million civil fraud lawsuit against him Thursday as testimony in the case enters its final days. His lead lawyer in the trial, Chris Kise, signaled the possibility of the former president’s attendance as a spectator, telling reporters earlier this week, “I believe […]
Time is dwindling if Ohio lawmakers are going to make any changes to recreational marijuana, which becomes legal in Ohio after midnight Thursday. Lawmakers in the Ohio House and Senate have dueling bills on whether Ohioans can grow marijuana at home, how much THC is permitted in products and how high taxes will be. The […]