Another regional airline shut down overnight, all flights off
With jet fuel prices hovering at highs unseen for years due to the war in Iran, many smaller regional and charter airlines that already faced a tough market are at particular risk of bankruptcies and shutdowns. In Europe, charter airline H-Bird was declared bankrupt by a Swedish judge earlier this …
Read More40-year-old furniture chain files for Chapter 11 bankruptcy
The furniture industry has been battling a slump, as sales declined by 0.82% for 2025, compared to 2024 unadjusted, which has led some businesses to file for bankruptcy protection. Furniture and home furnishings sales continued to decline for three straight months in 2026, according to …
Read MoreNippon Express to buy Metro Supply for as much as $2.2 billion
The Japanese company is currently assessing the impact of the acquisition on its fiscal 2026 business forecast
Read MoreWeek Ahead for FX, Bonds: U.S. Retail Sales, PMI Data Due as Focus Remains on Middle East
U.S. retail sales data and provisional purchasing managers’ indexes from the U.S. and Europe will be watched to see how badly the Middle East war and the spike in energy prices have impacted consumer and business sentiment.
Read MoreOil slumps as US and Iran declare Strait of Hormuz open to commercial shipping
Trump suggests warring sides are closer to a permanent ceasefire
Read MoreMorgan Stanley resets Target’s stock price outlook
Target Corporation (TGT) has looked cheap for a while, but investors have been waiting for real signs that the business is improving. Now, Morgan Stanley thinks that shift may finally be happening. Morgan Stanley recently updated its outlook for the stock, noting that it now sees “a path to a …
Read MoreAmazon is selling a customizable organizer for $9 with up to 15 compartments
It’s on sale at its lowest price in three months.
Read MoreHow World Cup tickets became collateral for a private credit firm
Eagle Point Credit Management to capitalise on high prices and demand of football fans to attend the tournament
Read MoreFidelity flags critical flaws in the bull market
Fidelity’s 2026 stock market outlook carries a message for anyone who feels comfortable with their portfolio right now, and it is not the usual year-end cheerleading. Jurrien Timmer, Fidelity’s director of global macro research, believes 2026 can still bring more gains, but only if investors …
Read MoreMorgan Stanley resets Palantir stock forecast
Palantir’s stock hit $207 last November. It is trading near $142 today. Morgan Stanley just said the gap between those two numbers is exactly where the opportunity may lie. In a note published April 16, Morgan Stanley said Palantir (PLTR) has the potential to modestly accelerate growth and raise …
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