Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On Oct. 7, 1996, Rupert Murdoch launched The Fox News Channel.
Where Was The Market? The S&P 500 closed around 703.34, and the Dow Jones Industrial Average closed around 5,979.81.
When South Korean tech giant Naver confirmed earlier this week that it would purchase Poshmark Inc. (NASDAQ: POSH) at $17.90 per share, many observers said the offer was fair.
Credit Suisse Group AG (NYSE: CS) has offered to buy back its debt securities worth about $3 billion in the backdrop of concerns about the Swiss bank's financial health, which had dragged its
Delaware Chancery Court Judge Kathaleen McCormick, on Thursday, stayed the legal battle between Elon Musk and Twitter Inc. (NYSE: TWTR) until Oct. 28 to allow the two parties to close the deal.
Donald Trump has reportedly yet to return all the documents he took from the White House, a top official of the U.S. Department of Justice told lawyers of the former president recently.