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Financial Daily Dose 3.12.2021 | Top Story: Jobless Claims Dip But Still Bolster Case for Newly Signed Covid Relief Package

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Thursday’s weekly unemployment report managed to pull double duty—marking another decrease in the still-high figures (roughly 709k new jobless claims last week, about 47k fewer than the week before) that suggests some cause...more

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On second thought, Wall Street does have some questions about the specifics of the pause in the trade war that apparently emerged from the G-20 sidelines this weekend.  And when Wall Street has questions—well, not a banner...more

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Uber made it official today, announcing that controversial CEO Travis Kalanick will be taking an indefinite leave of absence, though even the announcement and board commentary that followed seemed to highlight the “bad-boy...more

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Shareholders have accused Under Armour of “concealing the impact” of Sports Authority’s bankruptcy from investors in order to artificially inflate its stock price. The suit comes on the heels of a disastrous Q4 for UA, in...more

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Some solid non-search-engine growth helped Alphabet post pretty solid Q4 numbers (with profit missing estimates but revenue surging past them)....more

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Judge John Bates of the US District Court for DC has blocked a proposed $37 billion mega-health-care-merger between Aetna and Humana, one of 2 major deals before the courts opposed by the Obama-era DOJ over antitrust...more

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Your daily dose of financial news - The Brief – 7.26.16

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Private equity bigwig Lynn Tilton has reportedly hired appellate superstar Paul Clement (after Gibson Dunn got the boot) to represent her in her “bid to revive her challenge to the [SEC’s] in-house court at the Second...more

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