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Stocks making the biggest moves midday: Capital One, Disney, Cheesecake Factory, Expedia and more

Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Virgin Galactic — Shares of Virgin Galactic were down 14% in midday trading after the space

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Supreme Court verdict: Banks explore option of invoking personal guarantee of promotion

Armed with Supreme Court order, banks may invoke personal guarantees of tycoons ranging from Venugopal Dhoot to Kapil Wadhawan to recover unpaid loans from their delinquent firms, sources said Monday. According to an estimate, top 10 personal guarantors have guaranteed debt of over Rs 1.6 lakh crore. Among the big

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Failure rate in debit transactions could mean economy not out of woods yet

Failure rates in automated debit transactions have remained stubbornly high in June indicating that financial stress due to localized lockdowns to curb the spread of the Covid 19 pandemic has still not subsided. Data from the National Payments Corporation of India's (NPCI) National Automated Clearing House (NACH) platform shows that

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ByteDance reportedly scrapped a planned IPO after meeting with Chinese officials

Sheldon Cooper | LightRocket | Getty ImagesByteDance, the Chinese owner of TikTok, reportedly scrubbed plans for an offshore listing after government officials asked the company to focus on data security risks.The Beijing-based tech giant had been weighing an initial public offering of all or some of its businesses in

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Virgin Galactic shares rise after successful Branson flight paves wave for space tourism industry

Shares of Virgin Galactic rose slightly on Monday following the commercial spaceflight company's successful test flight with founder Sir Richard Branson.Shares of Virgin Galactic — which trades under ticker SPCE —are up 2% in premarket trading after the company successfully completed its first fully crewed test flight into suborbital

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Don’t count on another unemployment benefits tax break. Here’s what you need to know

Taxpayers who collected unemployment benefits this year shouldn't expect another break in the next filing season, financial experts say.Jobless benefits are generally treated as taxable income. but federal lawmakers waived tax on a portion of such benefits received in 2020, after the Covid-19 pandemic led an unprecedented number of

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Stocks making the biggest moves in the premarket: Virgin Galactic, Cheesecake Factory, JPMorgan and more

Virgin Galactic Founder Sir Richard Branson demonstrates a spacewear system, designed for Virgin Galactic astronauts, at an event October 16, 2019 in Yonkers, New York.Don Emmert | AFP | Getty ImagesTake a look at some of the biggest movers in the premarket.Virgin Galactic — Shares of the space company

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