News

Credit

Global Debt-to-GDP Hits Record 322% in Q3

The Institute of International Finance sees debt growth accelerating this year due to low interest rates and "loose financial conditions."
Capital Markets

Fired Boeing CEO to Depart with Potential $80 Million

Dennis Muilenburg will not receive severance or separation payments in connection with his departure.
IPOs

Casper Sleep Seeks to Wake up Wall Street

The mattress firm's IPO filing says it is the first company to serve the growing "sleep economy" in a "holistic" way.
The Economy

U.S. Job Growth Slows Unexpectedly to 145,000

“We had relatively strong and steady job growth over the year despite a number of headwinds," an economist says.
Risk Management

U.S. Billion Dollar Weather Disasters Doubled in Last Decade

The nation experienced 14 billion-dollar weather and climate disasters last year totaling $45 billion.
Financial Performance

WD-40 Shares Dive 4% as Sales Slump in China

"Our long-term strategic drivers continue to perform well and are line with our expectations.”
The Economy

World Bank Cuts 2020 Growth Forecast to 2.5%

“While growth could be stronger if reduced trade tensions lead to a sustained reduction in uncertainty, the balance of risks is to the downside."
Mobile

GrubHub May Be Considering a Sale

The online delivery company is reportedly working with an adviser to explore strategic options.
Regulation

U.S. Pushes Voluntary Guidelines for AV Industry

Safety advocates say the guidelines for autonomous vehicles "fall well-short of the safeguards that are necessary to protect the public."
Financial Performance

Walgreens Shares Dive on Q1 Earnings Miss

“We anticipate that profitability and sales growth may be hard to come by for the foreseeable future,” an analyst says of the drugstore chain.
Accounting & Tax

FEMA Disaster Preparedness Report Ignores Climate Change

While the report mentions disasters, extreme weather events, and wildfires it does not mention the role of climate change.
Strategy

Impossible Foods Pulls Plug on McDonald’s Deal

The plant-based meat maker cites production constraints, possibly opening the door for rival Beyond Meat to supply the Golden Arches.
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