Author: Vitaliy Dadalyan

Former coal CEO Robert Murray files for black lung benefits

Former coal CEO Robert E. Murray, who has fought federal regulations on the industry, has filed an application with the U.S. Department of Labor for black lung benefits, according to a published report. West Virginia Public Broadcasting and Ohio Valley ReSource report the former head of Murray Energy said on the form that he is still board chairman of the company but can no longer serve as president and CEO due to his health....

Investors Pile Into Walmart's Stock After Big Week

The investment case for retail giant Walmart Inc (NYSE: WMT) appears to have improved this amid two under-reported catalysts.Walmart+ Trends: Piplsay surveyed 20,179 Americans aged 18 years and older and found 11% of respondents subscribed to Walmart's subscription platform called Walmart+ within two weeks of its launch.Respondents were most excited about the unlimited free delivery (orders over $35) feature of Walmart+, followed by same-day and one-hour delivery windows. The least exciting feature was the pricing structure at $98 a year versus Amazon.com, Inc.'s (NASDAQ: AMZN) similar offering at $119.Related Link: Amazon Vs. Target Vs. Walmart: Let The Sales Battle BeginStores Built For The Future: Walmart's years of researching and testing how to create a compelling omni-shopping experience has come to an end, Walmart said.The end result is a "sleek" store design, a product layout that spotlights products and end-to-end digital navigation that helps customers throughout the shopping journey. When customers enter...

Pound’s Wild Day Is Sign of Brexit-Induced Volatility to Come

(Bloomberg) -- Traders are bracing for more erratic behavior from the pound after it whipsawed on conflicting news about trade negotiations between the U.K. and European Union.It first fell as much as 0.8%, on reports that officials were at loggerheads on the issue of state aid and that the EU was starting legal proceedings against the U.K. over its plans to breach the terms of its withdrawal agreement. Then it gained as much as 0.4% on reports officials may have reached a compromise on state aid. And in a final twist, the currency dropped after EU officials said there’s no increased optimism in Brexit talks.Those swings lifted sterling’s one-week implied volatility to the highest since Sept. 15, making the currency the most erratic among Group-of-10 nations after Norway’s krone. It’s a sign that the pound, which spent most of 2019 swinging between positive and negative headlines on Brexit, is once again...