Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.
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Pelosi Urged to Address SALT Write-Off at White House Meeting By Bloomberg

© Bloomberg. U.S. House speaker Nancy Pelosi, a Democrat of California, spoke during a conference at the U.S. Capitol, Washington, D.C., U.S.A, U.S.A, Tuesday, Sept. 21, 2021. The Tuesday vote by the House Democrats on the bill to suspend the U.S. Debt Ceiling through December 2022, and temporarily finance the government in order to avoid […]

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Air taxi startup Volocopter to sell 150 aircraft to China JV By Reuters

© Reuters. FILE PHOTO A prototype for an electric air-taxi drone from Germany. It takes off and land vertically over Le Bourget, France. This is June 21st, 2021. REUTERS/Christian Hartmann (Reuters) – German flying taxi startup Volocopter said on Wednesday it would sell 150 electric vertical take-off and landing (eVTOL) aircraft to its joint venture […]

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Factbox: Congress confronts U.S. debt ceiling drama

© Reuters. FILEPHOTO: View of Washington’s Capitol building, U.S. January 17th 2021. REUTERS/Erin Scott WASHINGTON (Reuters) – Democrats and Republicans in the U.S. Senate are locked in a partisan standoff over how to remove temporarily the $28.4 trillion debt ceiling, a political drama that could pose risks to the U.S. government’s credit rating, financial markets […]

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‘Proud Boy’ Jan 6 riot defendant seeks release from pre-trial detention By Reuters

© Reuters. FILEPHOTO: Supporters of former President Donald Trump climb out of a broken window as they stormed the U.S. Capitol Building, Washington, U.S.A, January 6, 2021. REUTERS/Leah Millis By Mark Hosenball WASHINGTON (Reuters) – A federal judge set a Friday hearing for a possible ruling on a request to be released from pre-trial detention […]

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Crypto Twitter cries foul after noticing NBA star John Wall’s NFT has a Fortnite background By Cointelegraph

Crypto Twitter cries foul after noticing NBA star John Wall’s NFT has a Fortnite background The team behind the design of NBA Houston Rockets player John Wall’s nonfungible token may have ripped off one of the backgrounds directly from the popular online game Fortnite. Wall first announced he planned to release a line of “Baby […]

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A Trader Spent $50 Million on Options Betting on S&P 500 Rally By Bloomberg

© Reuters. A Trader Spent $50 Million on Options Betting on S&P 500 Rally (Bloomberg) — One trader just took on a massive bet that U.S. stocks will rally into the end of 2021. The flurry of trades with the SPDR S&P 500 ETF Trust (ASX:) — which took place between 10:34 a.m. and 10:41 […]

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United Airlines accused of refusing employee exemptions to vaccine mandate By Reuters

© Reuters. By Daniel Wiessner (Reuters) – United Airlines Inc is facing claims that it unlawfully denied religious and medical exemptions from a requirement that employees receive COVID-19 vaccines after allegedly making it difficult for workers to apply for them. On Tuesday, six United employees filed a lawsuit in Texas Federal Court alleging that exemptions […]

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ESG Risk, Poor Valuation Add to Woes By TipRanks

© Reuters. Alibaba: ESG Risk, Poor Valuation Add to Woes Alibaba (NYSE:) is often considered the Amazon (NASDAQ:) of China. Its platform allows merchants to reach other companies, as well as brands. Alibaba’s four segments include Core Commerce, Cloud Computing, Digital Media & Entertainment, and Innovative Initiatives. I’m bearish about the stock. (See BABA stock […]

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Colgate-Palmolive Stock Gets Squeaky-Clean Appraisal By TipRanks

© Reuters. Colgate-Palmolive Stock Gets Squeaky-Clean Appraisal Home goods maker Colgate-Palmolive (NYSE:) got a boost on Sunday, as Deutsche Bank (DE:) offered some positive commentary on the stock. Colgate-Palmolive is now even more attractive because of this shift. I am bullish overall on Colgate-Palmolive because of the combination of its past performance and an unexpected […]

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3 Reasons Uranium Stocks are Surging By TipRanks

© Reuters. 3 Reasons Uranium Stocks are Surging stocks, which once inhabited a fairly sleepy corner of the market, are suddenly seeing a deluge of investor interest. Stocks in this sector are seeing gains of up to double-digit percent every day as more capital flows into it. Although fears about the Evergrande situation in China […]