Wednesday, July 31, 2019

Google Alert - finance

Google
finance
As-it-happens update July 31, 2019
NEWS
Bloomberg
The Federal Reserve reduced interest rates for the first time since the financial crisis in a move that Chairman Jerome Powell said was designed to "insure against downside risks" rather than signal the start of a lengthy cycle of monetary policy easing.
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The New York Times
America's four major broadcast networks joined forces on Wednesday to sue a little-known nonprofit organization that streams television signals at no charge, arguing that the service should be shut down for copyright violations and for failing to compensate ...
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Forbes
In another big week for the plant-based meat industry, Impossible Foods has entered into a co-manufacturing partnership with major food producer OSI Group to help the Californian startup increase the production capacity of its flagship product the Impossible ...
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Motley Fool
The period from May through late July tends to be unexciting for biotech stocks, in part because for various logistical reasons, first-quarter earnings are usually ho-hum across the industry. Second-quarter earnings, though, are often much stronger, which ...
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Barron's
Shares of General Electric Co. swung back into the positive territory in active and volatile trading Wednesday, as the industrial conglomerate's earnings and free cash flow beats, and raised full-year outlook, helped sustain the streak of upbeat results.
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New York Daily News
Tesla has confirmed an employee was found dead last week inside the company's Gigafactory, though what exactly happened to the 61-year-old worker still remains a mystery. Authorities responded to Tesla's Nevada factory on July 22 just before 6 a.m., the ...
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The Verge
Amazon announced today that it's launching a new fashion-oriented service that'll send Prime subscribers curated clothing options every month. The service, called Personal Shopper by Prime Wardrobe, allows Prime members to answer a survey about their ...
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The Verge
The Federal Trade Commission said today there's been "overwhelming" interest in a settlement agreement with Equifax, and that consumers looking for a previously announced payout of up to $125 may be disappointed. FTC is tempering expectations.
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Forbes
Despite a looming global pilot shortage, it's a tricky time to be a pilot in Europe. Today, British Airways lost its appeal to prevent a strike by its pilots that may affect the peak summer travel season. This follows a breakdown in negotiations with the pilot's union, ...
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AZCentral.com
Restaurants begin to take avocados off menus. Pricey avocados are causing restaurants to take them off the menu. Buzz60's Natasha Abellard has the story. Here's the scoop: Avocado prices continue to dip. While wholesale avocado prices have come down ...
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MLive.com
AAA's latest study takes a look at the impact of the continued evolution and increased availability of in-vehicle infotainment and digital dashboard systems. The main takeaway from the auto club foundation's study is that it took drivers between the ages of ...
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Rochester Democrat and Chronicle
When current Irondequoit town supervisor David Seeley was house-hunting 10 years ago, he sought a walkable neighborhood at an affordable price. He ended up purchasing a 1,300-square-foot ranch home for $110,000 in the Laurelton neighborhood of ...
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Crain's Detroit Business
A new brewery and restaurant are heading to Detroit's Midtown neighborhood. Smith & Co. is scheduled to open in September and Nain Rouge Brewery will open next door "in the coming months," according to a Wednesday news release.
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Cincinnati.com
LONDON – The fight to save the seas from plastic waste may mean the end for mini bottles of shampoo and other toiletries that hotel guests love to stuff into their luggage. The owner of Holiday Inn and InterContinental Hotels said Tuesday that its nearly ...
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USA TODAY
President Donald Trump recently said no to Apple's request for tariff relief, saying it could only get it if it built computers and other devices in the USA. "We've been making the Mac Pro in the U.S, and want to continue doing that," Apple CEO Tim Cook said ...
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Reuters
TORONTO (Reuters) - Grocery chain Sobeys Inc, owned by Empire Co, will eliminate all plastic bags from its stores within six months, becoming the first Canadian grocer to end use of plastic bags, the company said on Wednesday. Sobeys, which oversees ...
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Asbury Park Press
Newark has long been a hub of activity for the beer industry in New Jersey. After all, the landmark India Pale Ale from P. Ballantine & Sons Brewing Company of Newark, considered by some to be the first American IPA, hit the market in 1878. Likewise, anyone ...
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Moneycontrol.com
Apollo Tyres reported 43.8 percent fall in its Q1FY20 consolidated net profit at Rs 141.6 crore against Rs 251.8 crore in the same quarter last fiscal. Revenue of the company was up at Rs 4,331.3 crore against Rs 4,299.3 crore. Earnings before interest, tax, ...
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