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Investing
US companies are still worried about an economic shock
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen…
King Cash Is Being Dethroned. What to Buy Now.
The mantra “cash is king” reigned supreme last year. Now it’s time to dethrone the king and start putting cash to work. Lured by 5% yields, investors have flooded into…
‘The greatest real estate crisis since the financial crisis.’ German bank sets aside more money for bad loans
Deutsche Pfandbriefbank, or PBB, a German lender focused on commercial real estate, has set aside more money for bad debts as it…
Another accident like Boeing’s door plug blowout could happen again, NTSB chair says
Jennifer Homendy, chair of the National Transportation Safety Board, says that the problem that resulted in a door plug blowing out of…
New York Community Bank stock ticks up after lender says deposits increased
Troubled regional lender New York Community Bancorp attempted to reassure investors Wednesday that it has enough liquidity to stay…
Taco Bell and KFC are feeling the pressure from price-conscious consumers
Taco Bell, KFC and Pizza Hut’s parent company is facing the same problem as its rivals: Fast food is getting too expensive and…
Hertz’s stock reverses losses to close up 8.9% as execs talk up return to profitability
Hertz Global Holdings Inc.’s stock reversed early losses to close up 8.9% on Tuesday, as executives on the company’s earnings call outlined plans to return…