LONDON (Reuters) - The Bank of England kept interest rates steady at Governor Mark Carney's final policy meeting as it saw signs of a post-election pick-up in growth which weakened the case for immediate action to help the lacklustre economy. This video ...
The Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law by President Trump on December 22, 2019. It will have a far-reaching effect on owners of IRAs and participants in tax-qualified retirement plans. SECURE ...
If you can't beat the crypto crowd, it might be time to join them, experts say. Virtual currency and its underlying technology, blockchain, are here to stay – and that means both will play some role in investors' lives. "It's actually very hard to decouple blockchain ...
Biogen Inc. BIIB reported fourth-quarter 2019 earnings per share of $8.34, which comprehensively beat the Zacks Consensus Estimate of $8.00. Earnings rose 19% year over year, backed by higher revenues and lower operating expenses. Sales of this ...
Millennials are tired of being drunk, but are locked into a culture that puts alcohol at the center of professional events and outside-of-work gatherings. Twenty-somethings in New York and San Francisco don't want to spend $17 on a gin and tonic at a ...
Key Takeaways: Coronavirus fears worsen, raising volatility and pressuring yields; Facebook shares fall sharply on worries about rising costs, regulation; Amazon, Visa report after the bell after Tesla, Microsoft last night. More coronavirus cases and deaths in ...
Apple (NASDAQ:AAPL) formally entered the streaming wars in November with Apple TV+, the company's first video-streaming service, which it has high hopes for. It's a crowded and competitive landscape, but the tech giant has the wherewithal to play the ...
WILMINGTON, Del. (Reuters) - Directors of Tesla Inc (TSLA.O) settled a shareholder lawsuit over its 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone defendant facing claims that Tesla paid $2.6 billion for a worthless ...
Eli Lilly & Company LLY reported fourth-quarter 2019 adjusted earnings per share of $1.73, which comprehensively beat the Zacks Consensus Estimate of $1.52. Earnings rose 31% year over year as higher operating costs were offset by higher revenues, ...
Mammoth Biosciences, a company that uses gene editing technology Crispr for disease testing, said Thursday that it had raised $45 million Series B funding to expand into treatments. The round, led by Decheng Capital and including new investor Verily, ...
SoftBank wants its competing portfolio companies to stop losing so much money and, in some cases, to merge. That's the news out from the Financial Times today, which reported that Uber and DoorDash discussed merging last year. The talks didn't wind up ...
'When you don't know, the best investment strategy is to be smartly diversified across geographic locations, across asset classes, and across currencies.' That's how Ray Dalio, founder of hedge-fund behemoth Bridgewater Associates, says he's approaching ...
Shares of Briggs & Stratton (NYSE:BGG) traded down more than 16% on Thursday after the company posted disappointing quarterly results and suspended its dividend effective immediately. The small-engine and outdoor equipment maker has struggled in ...
FRANKFURT (Reuters) - Deutsche Bank plunged to a bigger than expected loss of 5.7 billion euros ($6.3 billion) last year, its fifth in a row, as the cost of its latest turnaround attempt hit earnings. Misconduct scandals, a failed attempt to take on Wall Street ...
The number of Americans filing for unemployment benefits fell last week, pointing to continued labor market strength, though applications for the prior week were much higher than initially estimated. Initial claims for state unemployment benefits dropped 7,000 ...
Alexion Pharmaceuticals, Inc. ALXN posted fourth-quarter 2019 adjusted earnings of $2.71 per share, which improved 26.6% from the year-ago quarter's $2.14. Earnings also beat the Zacks Consensus Estimate of $2.37. Moreover, revenues rose 22.6% year ...
LOS ANGELES (Reuters) - United Parcel Service Inc on Wednesday expanded its efforts to cut emissions and delivery costs with separate deals to order 10,000 electric delivery trucks from UK-based Arrival Ltd and test Waymo self-driving vehicles to carry ...
Financially troubled maker of sports cars and luxury SUVs Jaguar Land Rover's (JLR) recovery continued in its third quarter as it turned a loss into a profit, helped by improved sales in China and the launch of its new Range Rover Evoque. British-based and ...
PROVIDENCE — The titans of Rhode Island's gambling industry, Twin River and IGT, have ended their months-long war with an agreement to join forces to create a new company, setting the stage for a $100-million renovation and expansion of Twin River's ...
Both companies intend to appeal the verdict, meaning CalTech won't be getting its billion-dollar payout anytime soon. Matthew Humphries. By Matthew Humphries. Updated January 30, 2020. Flipboard · Pinterest · Reddit · LinkedIn · Email. Copy Link.
Inovio Pharmaceuticals (NASDAQ:INO), a pre-revenue synthetic vaccine developer, continued its volatile week today. The biotech's shares were up 11% on nearly five times the average daily volume as of 10:37 a.m. EST on Thursday. Inovio's shares are ...
STOCKHOLM (Reuters) - Swedish fashion giant H&M (HMb.ST) appointed company veteran Helena Helmersson as chief executive on Thursday as it reported its first rise in annual profit since 2015 and pleased the market with unexpectedly strong ...
(Updates with details on companies). By Caroline Valetkevitch. NEW YORK, Jan 30 (Reuters) - Earnings for S&P 500 companies are seen increasing for the fourth quarter over a year earlier, according to IBES data from Refinitiv. Earnings for the quarter are ...
(Reuters) - Spirit AeroSystems (SPR.N) on Thursday said its chief financial officer had resigned after the company identified some accounting irregularities, adding to the woes of the aero-parts maker as it grapples with the 737 MAX crisis. FILE PHOTO: ...
January 30th, 2020 by Steve Hanley. I will come as a surprise to no one that the first all electric SUV from Lincoln Motor Company will sit on top of a Rivian platform. The Rivian R1S electric SUV already looks like a kissin' cousin to the Lincoln Navigator.
Detroit — After months of speculation, General Motors Co. on Sunday will use a 30-second Super Bowl ad to finally reveal details of its new electric GMC Hummer EV pickup. The Hummer EV commercial, entitled "Quiet Revolution," will feature NBA star ...
By Sankalp Phartiyal NEW DELHI, Jan 30 (Reuters) - The deadly coronavirus outbreak in China could start to disrupt India's production of smartphones if it continues to spread in February, industry executives said, as it could delay component shipments.
ATLANTA — New drinks like Coca-Cola Plus Coffee helped Coca-Cola Co. to a better-than-expected fourth quarter. The Atlanta beverage maker said sales of fizzy drinks rose 3% for the quarter and 2% for the year, driven by strong sales in China, Brazil and ...
A key slice of the U.S. yield curve inverted on Thursday for the first time since October, reviving memories of growth fears that plagued investors last year and signaling doubts that the Federal Reserve will succeed in reviving inflation. The gap between the ...
Darolutamide (Nuebeqa) and androgen deprivation therapy (ADT) improved overall survival (OS) compared with placebo in patients with nonmetastatic castration-resistant prostate cancer (nmCRPC), meeting one of the end points of the phase III ARAMIS ...
Inaugurating a potential blockbuster medical device category, a wire-and-mesh medical device invented in Roseville has become the first catheter-delivered implant to get European approval to replace the heart's mitral valve without open-chest surgery.
ST. LOUIS — A group of 2,100 janitors, many who clean some of the largest buildings in St. Louis, has voted to approve a strike, the union announced Thursday. Janitors are waiting on the results of Thursday's negotiations before deciding whether to walk off ...
A few people in Florida woke up millionaires Thursday after matching the winning Powerball numbers in Wednesday night's multi-state drawing. »MORE: 5 reasons you don't want to win the Powerball jackpot. A ticket sold at a 7-Eleven in Bonita Springs, Fla., ...
PORTLAND (WGME) – After multiple investigations, stretching nearly 2 years, the Maine Public Utilities Commission concluded Central Maine Power Company mismanaged the rollout of its new billing system, which caused inaccurate or late bills for tens of ...
By Frank Pallotta, CNN Business Penn National Gaming is buying a stake in Barstool Sports, a sports site known for its loyal fanbase and bawdy sports commentary. Wednesday, January 29th 2020, 7:28 AM HST. By Frank Pallotta, CNN Business.
The 5NEWS Morning Team has been busy creating their favorite dips for Super Bowl, now we want your help choosing which one's the best! Is it Ruben's Cheesy BBQ Bacon Ranch Dip, Laura's Baked Cream Cheese Dip or Matt's Loaded Baked Potato Dip?
What you need to know: Thursday, Jan. 30, 2020. Subscribe to get this free newsletter, Good Morning, Pennsylvania, delivered to your email inbox at 6 a.m. weekdays. Weather. High: 39, low: 26. Partly sunny. Photo of the Day. Tattered Flag Brewery and Still ...
This week kicked off what could be a three-week trial concerning a southeast Missouri peach grower, Bayer and BASF. The trial is at the U.S. District Court Eastern District of Missouri Southeastern Division in Dunklin County, Mo. and centers on whether ...
SALEM, MASS. (WHDH) - A disabled commuter rail train prompted severe delays on the Rockport Line throughout Thursday morning. Train 104, which departed Rockport at 6:30 a.m., became disabled due to a mechanical issue, according to the MBTA.
MONTREAL — Resolute Forest Products Inc. reported a loss of US$71 million in its latest quarter compared with a profit of US$36 million a year earlier as its sales fell. Resolute chief executive Yves Laflamme says the fourth-quarter results reflect ...
The BIG GAME is on Sunday, and maybe you're not excited for it. Maybe because you're pregnant and can't have a cocktail? Are you expecting twins? If you can hold off having them till right after the kickoff of the game you could take home some sweet prizes ...
The internet's favorite energy company installed 530 megawatt-hours of battery storage in Q4, beating out the previous record, set last quarter, as well as showing continued improvement in solar installations. January 30, 2020 pv magazine · Balance of ...
The idea of scientists trying to grow brain tissue in a dish conjures up all sorts of scary mental pictures (cue the horror-movie music). Butthe reality of the research is quite far from that sci-fi vision—and always will be, say researchers in the field. In fact, a leader ...
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