Markets / Wall Street

Stories about the financial markets

Lebanese hospitals warn of dangerous shortages in supplies

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BEIRUT — Hospitals in Lebanon warned Thursday they may be forced to suspend kidney dialysis next week amid severe shortages in supplies, the latest...

Bruised but unbowed, meme stock investors are back for more

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NEW YORK — After feeling the thrill of victory early this year by singlehandedly causing GameStop’s stock to soar — only to get crushed...

In Lebanon, a search for medicine and a stranger’s help

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To all the struggles of life in Lebanon — the pandemic, the power outages, the inflation, the punishing financial and political crises — add...

Ferrari taps European chip-maker executive as new CEO

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MILAN — Luxury sports carmaker Ferrari has tapped Benedetto Vigna, an Italian executive at Europe’s largest semiconductor chipmaker, as its new CEO, the company...

Europe’s stimulus likely to keep running as economies reopen

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FRANKFURT, Germany — The European Central Bank is expected to leave its stimulus efforts running at full steam Thursday — even as the economy...

Tycoon behind DAMAC’s Trump golf club wants full ownership

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DUBAI, United Arab Emirates — The billionaire founder of one of Dubai’s largest developers, DAMAC Properties, announced on Wednesday his intention to take the...

Former VW boss to pay firm $13 million over diesel scandal

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FRANKFURT, Germany — Volkswagen said Wednesday that former CEO Martin Winterkorn has agreed to pay 11.2 million euros ($13.6 million) in compensation for what...

Greece taps markets for 4th time in 2021, raises 2.5bn euros

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ATHENS, Greece — Greece raised 2.5 billion euros ($3.1 billion) on Wednesday after reopening a 10-year bond auction, with demand reportedly more than 10...

GameStop names Amazon veterans as CEO, finance chief

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NEW YORK — GameStop, the video-game retailer whose manic stock movements captivated Wall Street this year, said Wednesday that it’s brought on a pair...

Bruised but unbowed, meme stock investors are back for more

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NEW YORK — After feeling the thrill of victory early this year by singlehandedly causing GameStop’s stock to soar — only to get crushed...