Morning Bid: Stocks up as Swiss cut again, BoE eyed; yuan slides

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street returns from its midweek break to find record high stocks still chomping at the bit, with overseas monetary easing in focus as the Swiss cut interest rates for the second time this year and the Bank of England decision […]

Kohl’s stock plummets more than 20% after massive earnings miss

Kohl’s shares plummeted more than 20% Thursday after the company posted a surprise loss per share, coming in well below Wall Street’s expectations for a slight profit. That share slide made for the stock’s biggest single-day percentage decline ever. In an interview with CNBC, CEO Tom Kingsbury chalked up slower sales to tough comparisons. He said […]

Momentum building behind global company climate disclosures, standards body says

More countries than initially expected are adopting international climate-related disclosure standards, a global rulemaking body said on Tuesday, but cautioned that significant departures from the norms would come at a cost. The International Sustainability Standards Board (ISSB), created to write “baseline” disclosure rules for companies to stop “greenwashing,” finalised its rules a year ago and on Tuesday […]