E-commerce giant Shopify (NYSE: SHOP) has been a market darling, appreciating more than 3,000% since going public in 2015. Why is Shopify's stock price falling? There are a few potential things to point to in Shopify's case.
Lenders are starting to ask for extra protection in junk-rated corporate loans to damp down on a growing practice among some stressed companies to engage in a creative financing technique that allowed them to raise new money, said a Moody’s report on Thursday. Over the past year, many junk-rated companies like At Home Group and Trinseo have engaged in liability-management transactions, called "double dip," to raise new liquidity to pay back maturing debt or in some cases to remain solvent, said Moody's. Under a double-dip, debt is issued by a financing subsidiary, with guarantees from the parent and other subsidiaries.
We break down the first-round matchup between the New York Knicks and Philadelphia 76ers and make our prediction.
Google has fired 28 employees in the aftermath of protests over technology that the internet company is supplying the Israeli government amid the Gaza war, further escalating tensions surrounding a hot-button deal. The firings confirmed by Google late Wednesday came a day after nine employees were arrested during sit-in protests at offices in New York and Sunnyvale, California, after the company called police. The dissent roiling Google centers on “Project Nimbus,” a $1.2 billion contract signed
Murrell was the SNP’s most senior official from 1999 until he stood down from the post in February 2023.
The deputy was “relieved of duty pending the outcome of the case,” officials said.
A new poll found a full 54% of Americans now want Congress to pass “a law that keeps abortion as legal and accessible as it was nationwide under Roe v. Wade."
The ambitious West Bottoms - Kansas City, Kansas project promises an opening date this summer. Here’s what we saw when we visited.
Get ready to walk on air! Shoppers say these lightweight loafers are supportive and help to relieve foot and back pain.
WASHINGTON (AP) — Some Democrats are entertaining the prospect of coming to House Speaker Mike Johnson's rescue should Rep. Marjorie Taylor Greene, R-Ga., force a vote seeking his ouster, though it will likely depend on his ability to deliver an emergency aid package focused on Ukraine and Israel. Democratic leader Hakeem Jeffries of New York has suggested that Democrats would help Johnson if the speaker faced retribution from within his own party for holding votes on the $95.3 billion package.
Carolina Panthers GM Dan Morgan and head coach Dave Canales addressed next week’s NFL Draft, including strategy and various needs, on Thursday.
That’s not a bingo. Quentin Tarantino is scrapping plans to make “The Movie Critic” his next film and will start all over on his 10th and final project. The legendary director previously said “Critic” would be his last movie, and it was expected to start filming this year. Reports that Tarantino is dumping the project come after he worked on it for months and announced that his frequent ...
Jonathan Hall, Britain’s reviewer of terrorism legislation, says more children could be exposed to encrypted extremist content
Alex Jones has taken to her Instagram Stories to share with her followers that her young son Kit, four, had underwent surgery
With syphilis cases in U.S. newborns skyrocketing, a doctors group now recommends that all pregnant patients be screened three times for the sexually transmitted infection. The American College of Obstetricians and Gynecologists issued new guidance on Thursday saying the screening should be done at the first prenatal visit, during the third trimester and at birth. Though the screening isn’t required, health professionals generally follow the group’s recommendations. “The cases of congenital syph
Brenden Rice is expected to be drafted at next Thursday's NFL Draft
The British singer is returning to the charts after a three year hiatus with his new single
Drones were deployed to help search for the man.
The Hammers need to become the first team to beat Leverkusen this season
The U.N. Security Council is set to vote Thursday on a resolution that would allow the state of Palestine to join the United Nations as a full member, a step the United States opposes and will veto if necessary. Malta, which holds the council presidency this month, announced that the vote will take place following a ministerial meeting on the Palestinians’ bid to raise their status from a non-member observer state to full membership. This is the second Palestinian attempt to become the 194th member of the United Nations, and it comes as the war in Gaza, now in its seventh month, has put the more than 75-year-old Israeli-Palestinian conflict at center stage.
The 2021 US Open champion beat Linda Noskova 6-0 7-5.
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