CNBC
CNBC 9 Jun 2020

Why people are buying bankrupt stocks like Hertz, and everything else you missed in business news: C

Description:

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Dominic Chu breaks down why traders have bought so much stock in bankrupt companies like Hertz and J.C. Penney, and how it can quickly become a losing game. Also, CNBC's Elizabeth Schulze explains how empty sports stadiums pose an imminent threat to city and county budgets, and why the whole situation could lead to higher local taxes for those residents.


CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Josh Lipton dives into the rally in semiconductor stocks and runs through the favorites of some Wall Street analysts. Plus, CNBC's Leslie Picker explains the recent action in SPACs — or special purpose acquisition companies.
CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Phil LeBeau explains the "Elon Effect" — how investor enthusiasm for Tesla is spilling over into other electric vehicle stocks. Plus, CNBC's Diana Olick breaks down the looming crisis facing millions of American renters as temporary bans on evictions are set to expire this month.
Sen. Lindsey Graham, R-SC, on revelations from Sally Yates testimony. #FoxNews #Hannity
Counter-terrorism police officers are assisting in an ongoing investigation into multiple fatal stabbings in a park in Reading.

Three people are confirmed to have died and another three are seriously injured following the attack in Forbury Gardens in the city centre on Saturday at around 7pm.

Thames Valley Police said it has launched a murder investigation and is keeping an open mind as to the motive, and although it is not currently treated as a terrorist-related incident it is being supported by colleagues from Counter-Terrorism Command.

Share Video:

Embed Video: