Category: Breaking News

MARKETWATCH Top News

• The Wall Street Journal: Japanese chip maker Kioxia calls off massive IPO
  A Japanese semiconductor maker called off what was to have been one of this year’s biggest stock offerings, after earlier saying that U.S. export restrictions on China’s Huawei Technologies Co. were hurting its business.
• : Trump reportedly paid just $750 in federal taxes in 2016 and 2017 — and nothing in 10 of past 15 years
  Donald Trump paid no federal income tax in 10 of the past 15 years, and just $750 in federal taxes in 2016 and 2017, the New York Times reported Sunday.
• The Wall Street Journal: Devon, WPX discussing merger to create $6 billion energy company
  Devon Energy Corp. and WPX Energy Inc. are in talks to combine, according to people familiar with the matter, in a move that could help the energy companies weather a prolonged industry slump.
• The Wall Street Journal: U.S. threatens to close its massive embassy in Baghdad
  The Trump administration has warned Iraq it is preparing to shut down its embassy in Baghdad unless the Iraqi government stops a spate of rocket attacks by Shiite militias against U.S. interests, Iraqi and U.S. officials said Sunday, in a fresh crisis in relations between the two allies.
• NewsWatch: This tax break for first-time home buyers could keep the housing market afloat
  Federal tax relief for new homeowners would help millennials and support prices, writes Sanjiv Das.
• The New York Post: New York City principals call for state to take over control of schools
  New York City’s school principals union demanded Sunday that Mayor Bill de Blasio and Chancellor Richard Carranza abdicate control of the system to the state — a brutal rebuke over their handling of COVID-19.
• The Margin: ‘Bond King’ billionaire suggests he might follow Joe Rogan’s lead and get out of California
  Jeffrey Gundlach, based out of Los Angeles, floated the idea on Twitter of leaving California to "escape incompetent governance"
• The Margin: Dwayne ‘The Rock’ Johnson stirs up a social-media storm with his first-ever presidential endorsement
  Trump supporters can smell what "The Rock" is cooking, and, judging from their reaction across the internet , it stinks.
• NewsWatch: This tax break for first-time home buyers could keep the housing market afloat
  Federal tax relief for new homeowners would help millennials and support prices, writes Sanjiv Das.
• There are four coronavirus vaccines in late-stage studies — here’s how they differ
  Johnson & Johnson’s investigational COVID-19 vaccine entered Phase 3 clinical trials this week, making it the fourth vaccine candidate in the U.S. to do so and providing additional details that can help investors differentiate the pool of late-stage coronavirus vaccines.