Alibaba Scandal Doing Shareholders No Favors

By Brian O’Connell Corruption probe of party official hitting stock that’s already down sharply, Alex Frew McMillan notes. Long-suffering Alibaba stockholders have been hit again. Alibaba’s (BABA) – Get Alibaba Group Holding Ltd. Report Ant Group affil…

ViacomCBS Has a New Free Streaming Service

By Michael Tedder Can a free streaming news service win an audience in a crowded marketplace? ViacomCBS’ CBS News (VIAB) – Get Viacom Inc. Class B Report has rebranded its streaming platform as CBS News Streaming Network and has plans for a new slate o…

Omicron’s Negative Impact on Economy May Be Fleeting

By Dan Weil Unemployment claims haven’t risen much in recent weeks, and businesses have learned how to deal with the pandemic. The Covid omicron strain is denting the economy this quarter, but the impact may not last too long, economists say. “There ar…