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Andrew Toth/Getty ImagesMichael Burry - the famed investor portrayed by Christian Bale in "The Big Short" - added 5 new stocks to his hedge fund portfolio in the first quarter, according to a 13F filing from last week.While Burry's largest holding remains Gamestop, he added new stakes in companies that were negatively impacted by the…
© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy (Your California Privacy Rights) | CCPA Do Not Sell My Information FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for…
"There is a strong likelihood we will need another bill" to keep the economy afloat through the coronavirus pandemic, Treasury Secretary Steven Mnuchin told The Hill on Thursday.Mnuchin's comments arrive as House Democrats' $3 trillion stimulus package sits stuck in the Senate, where Majority Leader Mitch McConnell refuses to consider the legislation.Senate Republicans have balked…
© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy (Your California Privacy Rights) | CCPA Do Not Sell My Information FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for…
Walmart is ending its grocery app and merging it with the company's main app, so shoppers can buy food, toys, tools, and more all in one place. "We don't ask customers to make two trips to the store, one for groceries and one for all the other things they need, so we shouldn't ask them to…
© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy (Your California Privacy Rights) | CCPA Do Not Sell My Information FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for…
Last week, researchers at New York University's health system publish a report showing accuracy problems with Abbott's rapid coronavirus test. They said it missed up to 50% of positive samples, depending on the collection method.The report instantly made headlines and prompted a warning from the US Food and Drug Administration.Abbott has major issues with the way…
© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy (Your California Privacy Rights) | CCPA Do Not Sell My Information FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for…
Jack Ma grew up poor in communist China, failed his university-entrance exam twice, and was rejected from dozens of jobs, including one at KFC, before finding success with his third internet company, Alibaba. VCG/VCG via Getty Images Alibaba founder Jack Ma has stepped down from SoftBank's board after the company announced a record annual loss…
