WASHINGTON (Reuters) - The U.S. economy grew moderately in the fourth quarter, the government confirmed, and is facing a bumpy road in early 2020 amid the fast-spreading coronavirus that has left financial markets fearing a recession. FILE PHOTO: An ...
At a party, my friend was asked how his recent retirement is going. He lamented, "I've had some rough nights and more than one panic attack." I found his reply surprising since we had talked earlier about his financial situation, and he had more than adequate ...
NEW YORK (Reuters) - Oil prices plunged more than 4% on Thursday, down for a fifth day to their lowest since January 2019 as more new coronavirus cases outside China fed fears of a pandemic that could slow the global economy and dent demand for ...
New York (CNN Business) A market meltdown. Surging recession fears. And a sudden spotlight on America's health care system. Goldman Sachs is warning Wall Street that the coronavirus could cost President Donald Trump the election. The potential ...
Mattel (NASDAQ:MAT) has long held reign as the premier American toymaker, but it has lost prestige in recent years as some of its brands have gone a bit stale and it lost a big contract to produce toys under the Disney (NYSE:DIS) Princess license. Under the ...
Shares of speculative stocks Virgin Galactic, Tesla and Plug Power all dropped on Thursday, extending recent losses and marking a departure from the prior week's sky-high gains. Virgin Galactic slid more than 20%, while Plug Power and Tesla fell 12% and ...
WASHINGTON — New orders for key U.S.-made capital goods increased by the most in a year in January and shipments rebounded, but the signs of stabilization in business investment were likely to be tempered by the coronavirus, which is expected to ...
Sarepta Therapeutics, Inc. SRPT incurred an adjusted loss of $1.57 per share in the fourth quarter of 2019, wider than the year-ago adjusted loss of 85 cents per share. The wider year-over-year loss can be primarily attributed to a significant rise in operating ...
The Securities and Exchange Commission said it settled previously undisclosed charges against movie actor Steven Seagal for failing to disclose he was being paid as he touted an investment in an initial coin offering. An SEC order said Seagal agreed to ...
In its 2019 annual report, Bayer said it may need to cover potential Roundup settlements by selling off assets "possibly on unfavorable terms" or by issuing additional debt or raising equity capital. (Bayer). Share Facebook Twitter LinkedIn Email Print.
Its confidential filing means potential investors will have to wait to know DoorDash's financials. Jon Quast. (TMFJaguar). Feb 27, 2020 at 12:12PM. Author Bio. After spending over a decade travelling the world exploring different cultures and languages, I'm ...
As many people gear up for spring break vacations, concerns about coronavirus continue to grow among travelers. Coronavirus, which was renamed COVID-19, has infected more than 80,000 people around the globe and killed more than 2,700 people.
(RTTNews) - First-time claims for U.S. unemployment benefits climbed by more than expected in the week ended February 22nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 219,000, ...
J.C. Penney (NYSE: JCP) has a tiny sliver of hope. The struggling retailer recorded a slight profit in the fourth quarter despite reporting a 7% drop in comparable-store sales. J.C. Penney had a net income of $0.08 per share and finished the year with $1.8 ...
... case against Turkish bank MORE, who served as the first chairwoman of the Federal Reserve from 2014 to 2018, said on Wednesday that the concerning spread of the coronavirus across the world could put the U.S. economy on a path toward recession.
PARSIPPANY, N.J. — Cauliflower is the star in a spate of innovation launching from B&G Foods, Inc. this year. Cauliflower hash browns, cauliflower crust pizza, cauliflower gnocchi and cauliflower breadsticks will debut in the frozen aisle under the Green ...
At the end of 2019, the country was home to 103 GW of wind capacity, according to the U.S. Energy Information Administration. Figures show that wind generation hit a little over 300 million megawatt hours last year. Terry Eggers | The Image Bank | Getty ...
(Reuters) - Payments processor PayPal Holdings Inc (PYPL.O) said on Thursday it expects first-quarter revenue to be at the lower end of its previously forecast range, as online transactions globally took a hit from the coronavirus outbreak. Several companies ...
Walmart has over the past 18 months been exploring making its own paid membership model that would include certain perks that Amazon cannot match, Vox reported on Thursday. The model is called Walmart+, a spokeswoman confirmed to CNBC. Amazon ...
For a decade, Apple has solely relied on third-party sellers, stores and marketplaces to sell its products in India. That will begin to change this year. At the company's annual shareholder meeting Wednesday, chief executive Tim Cook told investors that Apple ...
Microsoft is the latest company to walk back its guidance thanks to the coronavirus outbreak, and Apple is reportedly losing some vice presidents. Timothy Green. (TMFBargainBin). Feb 27, 2020 at 10:42AM. Author Bio. Tim writes about technology and ...
If you see something, say something, CISA Director Christopher Krebs tells security industry pros at RSA. 'If everybody does work together...and shares information rapidly enough, we can build up better defenses.' Max Eddy. By Max Eddy. February 27, 2020.
Coal-fired electricity production at the U.K.'s largest power plant is expected to end next March. The change will lead to between 200 and 230 job losses, energy firm Drax said Thursday. Steam billowing from Drax power station near Selby England.
Amazon (NASDAQ: AMZN) wants a big piece of the traditional grocery market, but it's going after it in a non-traditional way. The company just opened its first full-sized Amazon Go grocery store in Seattle, and the location has one particular feature that has ...
Starbucks CEO Kevin Johnson said that 85% of Starbucks' cafes in China are operating again. The global coffee chain closed more than half of its Chinese cafes in January in response to the COVID-19 outbreak. The company did not share any updates on ...
A technical correction lately drove the XRP price lower by circa 36 percent. And there is a strong likelihood that it will fall further. That is according to Ripple Labs, a San Francisco-based blockchain payment firm, that holds about 60 percent of total XRP supply.
THE HAGUE, Netherlands -- A Dutch consortium announced an ambitious plan Thursday to create "green" hydrogen using power from a huge offshore wind farm that has yet to be built. The "NortH2" proposal by the Dutch arm of energy giant Shell, gas ...
Honda is adding a hybrid model to the CR-V crossover lineup for the 2020 model year, and the automaker says it will start at $28,870 for the LX model and top out at $37,070 for the Touring model. Additionally, the new hybrid crossover has been EPA rated at ...
ADA, Mich. — A hospitality company is planning a new hotel in Ada. AHC+Hospitality today shared initial concepts for the development of a 24-room hotel in the Village of Ada, located on River Street across from Legacy Park near the Thornapple River.
By Abhishek Manikandan and Nichola Saminather. Feb 27 (Reuters) - TD Bank Group TD.TO on Thursday posted quarterly profit that fell short of estimates, a sharp contrast to National Bank of Canada NA.TO and other rivals, which have pulled off earnings ...
WPP's stock has fallen sharply as the company forecast flat organic revenue and headline operating profit for 2020. The company, which is the world's largest ad agency group, reported a 1.9% drop in organic sales less pass-through costs for its final quarter ...
LONDON — Aston Martin shares slumped to a record low on Thursday after the British luxury carmaker said its losses ballooned last year and its chief financial officer would leave by the end of April. The firm, famed for being fictional agent James Bond's car ...
The U.S. housing market is set for its strongest spring since before the financial crisis as coronavirus sends mortgage rates lower amid the global rush for safe assets. The Treasury yields that guide mortgage rates are sliding with panic over the outbreak ...
Pemex, Mexico's state energy company, virtually doubled its 2019 loss and failed to meet its production target despite hailing a turnround in its fortunes, as it battles to stave off a widely expected second downgrade of its debt to junk ...
The cruise ship MSC Meraviglia, turned away by two nations due to fears of a virus outbreak, docked at Mexico's Caribbean island of Cozumel on Thursday and President Andrés Manuel López Obrador said passengers will be allowed to disembark,.
Rumors in India that birds could spread the coronavirus are taking their toll on sales of poultry in the world's second-most populous nation. The speculation is circulating on social media, according to B.S. Yadav, managing director of Godrej Agrovet Ltd., ...
FRAMINGHAM, Mass. — TJX Cos. said it isn't factoring disruption from the coronavirus into its business outlook just yet, though it's monitoring the outbreak with the wellbeing of its people in mind. On the fourth quarter conference call with the investor ...
The online gambling company Mr Green, owned by William Hill, has been fined £3m for "systemic failings" in its measures to stop money laundering and problem gambling. The Gambling Commission said Mr Green was the ninth gambling company to face ...
More automakers are selling cars online in China as worried consumers stay away from showrooms to stop the spread of the coronavirus. Chinese carmaker Geely is the latest to launch a new online service to try to boost sales in the country. It joins the likes ...
New Delhi: Vodafone Idea Ltd (VIL) has told the government that it is unable to pay Supreme Court mandated Rs 53,000 crore dues and sought state support to survive the crisis, a contention that was supported by industry association COAI. With the crucial ...
The Canadian Transportation Agency (CTA) has been flooded with more than 3,000 complaints from passengers in recent weeks, questioning why their airlines denied them compensation for delayed flights. The complaints — 3,037 in all — poured in over ...
Many people have very strong opinions about chili. Some say it needs meat. Others say it's not chili without beans. There are many variations of the dish, and often people's preferences are heavily influenced by region. That being said, I don't think we need to ...
Starting March 1, the plastic bag ban will go into effect in New York State. Now when shoppers go out to the stores, they will be encouraged to bring their own reusable bags, or pay for a paper bag. Paper carryout bags will be available at stores for 5 cents a ...
(CNN) — A demolition company was hired to tear down a house last week in Dallas, Texas, but it mistakenly tore down a different home on the same street, according to CNN affiliate KTVT. Jeremy Wenninger inherited the 97-year-old house in a historic ...
Saudi Aramco is starting early preparations for an international listing, just months after the oil giant turned its record initial public offering into a domestic affair and sidelined global banks, people with knowledge of the matter said. The world's largest publicly ...
PG&E has a new corporate motto. "No more disasters, no more catastrophes, no more fatalities." Those are the words of the man the wolves hired to guard the hen house — PG&E CEO Bill Johnson. Those nine words are how he boiled down PG&E's mission ...
Fear is your friend. We have profitably made this point many times over the years, and we reiterate it again during a time when many investors are afraid that global economic growth will be slowed by the coronavirus. In anticipation, the stock market has ...
BEDMINSTER, N.J. (AP) _ Gain Capital Holdings Inc. (GCAP) on Thursday reported a loss of $31.2 million in its fourth quarter. The company, based in Bedminster, New Jersey, said it had a loss of 83 cents per share. Losses, adjusted for one-time gains and ...
Losing your wallet is stressful. Even if it's returned quickly, you will likely need to replace your credit cards. Learn what steps to take if your wallet, along with your credit cards, is lost or stolen and how you can protect yourself from theft. [. Read: Best Cash Back ...
We still don't know if we're getting Volkswagen's eighth-generation standard Golf in America, but we've known that an all-new GTI is still headed for our shores. Now, Volkswagen's revealed the 241-hp hot hatch. Long live the Golf GTI. As we've come to ...
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