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LOAX News

Back to the Private Equity Markets?

More capital-hungry tech companies -- once flush with public cash -- may seek private infusions to stay afloat.

Wall Street Crawls Into Weekend With More Selling, No Climax

Today's faltering, stutter-step rallies and failures offered no resolution to traders hungering for one.

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Jangled Nerves Remain in Control of Battered Market

The technical damage isn't being repaired, and there's no news good enough to spark a lasting intraday rally.

Market Rebound Looks Questionable in Early Going

Also, MCI WorldCom and Sprint are reportedly in talks, and in Japan, the Nikkei finished below the 17,000 level.

Breaking News

Amazon Plans New 'Prime Early Access' Event in Race For Holiday Market Share

Prime Early Access will offer "deep discounts on top brands" and follow a move by Target to bring forward holiday-focused sales.

Las Vegas Sands Stock Leaps As Macau Eases Covid-Era Gaming Visit Restrictions

Macu, the world's largest gaming hub and a key source of U.S. casino operators revenues, will begin allowing tour visits in November.

Pound Collapse Puts Dollar Parity, Emergency Bank of England Rate Hikes in Focus

Britain's new government said it will continue focusing on tax cuts and new borrowing to boost growth even as markets push the pound to a record low against the U.S. dollar.

Alphabet CEO Pichai Continues to Sound Alarm About the Economy

The parent company of Google and Youtube is preparing for a sharp deterioration in the health of the economy.