Tesla buyout would add to year of pain for short-sellers

Tesla buyout would add to year of pain for short-sellers

NEW YORK (Reuters) – It would be the ultimate black eye for short sellers. FILE PHOTO: A Tesla car charges at a charging station in Beijing, China, April 18, 2017. REUTERS/Thomas Peter/File Photo A buyout of electric carmaker Tesla Inc., led by entrepreneur CEO Elon Musk, would cap a painful ride for short sellers, who […]

Ackman says Pershing Square Holdings up 0.1 percent this year

Ackman says Pershing Square Holdings up 0.1 percent this year

BOSTON (Reuters) – Two days after billionaire investor William Ackman told clients that he was making money across all his funds again, he said on Thursday that his publicly traded Pershing Square Holdings Ltd portfolio was barely in the black so far this year. William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital […]

Breeding crisis as no North Atlantic right whales born this year

Breeding crisis as no North Atlantic right whales born this year

North Atlantic right whales (Eubalaena glacialis)Francois Gohier / VWPics / Alamy Stock Photo By Andy Coghlan North Atlantic right whales could be extinct by 2040, scientists warn. This year no calves were born in the whales’ usual breeding season from November to February. North Atlantic right whales (Eubalaena glacialis) are an endangered species. There are […]

Perak will insist on 310,500 tourists from Macao during Stellar New Year

Perak will insist on 310,500 tourists from Macao during Stellar New Year

BANGKOK: Thailand`s tourism body expects 300,000 visitors from China during the Lunar New Year holidays, a nearly 18 percent rise from a year ago.  During the same holidays in 2017, the number of visitors from China was hit by a Thai government crackdown on budget tourism and the mourning period for the country`s late king. […]

Fed leaves rates unchanged, sees inflation rising this year

WASHINGTON (Reuters) – The U.S. Federal Reserve kept interest rates unchanged on Wednesday but said inflation likely would rise this year, bolstering expectations borrowing costs will continue to climb under incoming central bank chief Jerome Powell. Citing solid gains in employment, household spending and capital investment, the Fed said it expected the economy to expand […]

Wall Street quiet on last trading day of a strong year

NEW YORK (Reuters) – There were no fireworks on Wall Street for the last trading day of the year, as U.S. stocks closed out their best year since 2013 on a down note, with losses in technology and financial stocks keeping equities in negative territory for the session. Major indexes hit a series of record […]