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More Markets Enter Corrections as Coronavirus Spooks Investors Global shares tumbled further Friday on growing worries that the economic fallout from the global spread of the coronavirus may be more severe than previously expected. Japan's Nikkei 225, South Korea's Kospi and Australia's S&P/ASX 200 all fell more ...
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Mexico's state-run Pemex posts steep 2019 loss in blow to president's revival plan MEXICO CITY (Reuters) - Petroleos Mexicanos posted a $18.3 billion net loss for 2019 on Thursday, nearly doubling the previous year's loss and dealing a major blow to the Mexican president's quest to revive the heavily-indebted state oil company. The logo ...
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Oil Prices on Track for Biggest Weekly Decline in Over Four Years SINGAPORE — Oil prices plunged to their lowest in more than a year on Friday, putting them on track for the biggest weekly decline in more than four years, as the rapid spread of the coronavirus stoked fears of slowing global demand. Investors are ...
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Technical glitch halts trading at Canada's TMX amid market selloff (Reuters) - Canada's largest stock exchange operator, TMX Group Ltd (X.TO), experienced its second technical glitch in less than two years on Thursday, resulting in the shutdown of trading across three local bourses nearly two hours ahead of the scheduled ...
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Hyundai Motor halts work at factory after worker tests positive for coronavirus SEOUL (Reuters) - Hyundai Motor (005380.KS) shut down a factory in South Korea on Friday after a worker tested positive for the new coronavirus, disrupting production of popular models such as Palisade sport utility vehicle. FILE PHOTO: The logo of ...
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Starbucks' CEO says 85% of stores in China are open Feb 27 (Reuters) - Starbucks Corp SBUX.O said on Thursday 85% of its stores in China were open, weeks after the coffee chain shut nearly half of its over 4,000 stores in the world's second-largest economy due to the coronavirus outbreak. "With the number ...
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Steven Seagal Settles Charges of Unlawfully Promoting Cryptocurrency Steven Seagal, the actor best known for playing hard-bitten cops and commandos in action movies, has agreed to settle charges brought by the Securities and Exchange Commission for failing to disclose that he was being paid to promote a cryptocurrency ...
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Saks 5th Avenue parent gets approval to go private Saks Fifth Avenue owner Hudson's Bay Co said on Thursday it won shareholders' approval to become a private company. Facebook; Twitter; Print; Email. Reuters. close. Retail Prophet founder and CEO Doug Stephens discusses the impact coronavirus is ...
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Walmart expands delivery subscription program to take on Amazon Prime The world's largest retailer is developing a paid membership program to challenge the internet giant's Prime offering—which has become the default online shopping option for millions around the globe. The service, called Walmart+, will expand on the ...
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This Highly Bearish Volume Trend Spells Trouble for Bitcoin Following the incredibly bearish selloff witnessed by Bitcoin and the aggregated crypto market yesterday, buyers have stepped up and supported the markets, allowing BTC and most other altcoins to put some distance between their recent lows. The market's ...
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Regulators Boost PG&E's Wildfire Fine to $2.1 Billion FILE - In this Oct. 9, 2017, file photo, a firefighter monitors a house burning in Santa Rosa, Calif. California power regulators slapped Pacific Gas and Electric with a $2.1 billion fine for igniting a series of deadly wildfires that landed the beleaguered utility in ...
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Coronavirus: Shares face worst week since global financial crisis Stock markets across the globe are suffering their worst week since the global financial crisis of 2008. Asian markets have reacted badly as the coronavirus outbreak spreads across Europe and unsettles investors. On Wall Street, the Dow Jones index fell ...
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Coronavirus Is Punishing Airline Stocks. It Might Be an Opportunity to Buy. Airline stocks are bearing the brunt of the markets' coronavirus fears. That makes sense, to some extent. Global health fears and events such as the 9/11 attacks have, in the past, sent airline traffic plunging, and people on planes, after all, is the lifeblood of the ...
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VMware Inc. Q4 adjusted earnings of $2.05 per share (RTTNews) - VMware Inc. (VMW) reported earnings for fourth quarter that fell from the same period last year. The company's earnings totaled $321 million, or $0.76 per share. This compares with $496 million, or $1.17 per share, in last year's fourth quarter.
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The US has its first novel coronavirus-related drug shortage The United States has its first novel coronavirus-related drug shortage, according to the US Food and Drug Administration. The maker of an unnamed drug that has recently been added to the FDA Drug Shortages list told the agency that the shortage is due to ...
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Coronavirus affecting bridal gown industry Bridal shop owner says 80 percent of wedding dresses made in China, advises brides order their gowns early. Posted: 8:05 PM, Feb 27, 2020. Updated: 5:05 PM, Feb 27, 2020. By: Lauren Edwards. Coronavirus affecting the bridal industry in the U.S.. -->.
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A coronavirus emergency response plan for economic policymakers A foreign currency dealer wearing a protective mask uses a telephone in a dealing room of Hana Bank in Seoul, South Korea. Getty Images. By. Larry Hatheway. February 28, 2020 7:11 am GMT. The Covid-19 epidemic is accelerating, and as the new ...
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FDA accuses Jimmy John's of serving vegetables linked to E. coli, salmonella outbreaks CHAMPAIGN, Ill. — The US Food and Drug Administration has issued a warning letter to the Jimmy John's sandwich chain, saying certain vegetables it served were implicated in five outbreaks of E. coli or salmonella in the past seven years. The letter accuses ...
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Live Nation Reports $11.5 Billion In Revenue For 2019, Growth In All Segments Email. Newsletter. 3:09 PM, Thursday, 2/27/2020. By: Deborah Speer. Live Nation Logo 2017 Live Nation Entertainment reports revenue for calendar year 2019 rose 7% to $11.5 billion while operating income is up 19% to $325 million in financial reports ...
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Sanderson Farms loss widens more than expected, but revenue tops forecasts Sanderson Farms Inc. SAFM, -1.29% reported Thursday a fiscal first-quarter loss that widened much more than expected, as market prices for boneless chicken breast meat fell to record lows, while revenue rose more than forecast. The chicken meat ...
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Toyota pledges $100000 to FIRST Indiana Robotics PRINCETON — Thursday morning, Toyota Indiana pledged a $100,000 grant toward FIRST Indiana Robotics, to help it sustain its current structure and prepare for future events. The organization, founded in 2001, works with K-12 students on engineering, ...
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Publix breaks ground on a new distribution center in Guilford County GREENSBORO, N.C. — Community and business leaders, as well as special guests, came together Thursday morning to break ground for the Publix Distribution Center in McLeansville. The grocery chain's new Distribution Center will be located on the 5500 ...
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Great Quarter For Tankers Coincides With Stock-Market Rout Pity the public tanker owners. After years of suffering through terrible freight markets, they finally have a breakout quarter to boast about — and just as they do so, the broader stock market is crashing around them on coronavirus fears. "It has actually felt like a ...
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MSC ship to dock in Mexico after coronavirus false alarm An MSC cruise ship, denied access from two Caribbean ports after a crew member showed symptoms of coronavirus, is now waiting to dock in Mexico. TR FB LI. MSC Meraviglia will seek to dock in Mexico now. MSC Meraviglia was refused docking in ...
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14 Subpoenas Issued By City Attorney Relating to 555 Fulton Project The latest update in the ongoing City Hall saga stemming from a federal corruption investigation is that the City Attorney's own investigation has just issued 14 new subpoenas pertaining to the much delayed 555 Fulton project in Hayes Valley — which already ...
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Bill would allow nursing homes to give medical marijuana in Virginia RICHMOND, Va. — Virginia lawmakers continue to fine tune legislation that aligns with the state's growing medical cannabis program by advancing two Senate bills facilitating the work of caregivers and lab employees. SB 185, sponsored by Senator Siobhan ...
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Newly identified cellular trash removal program helps create new neurons Date: February 27, 2020; Source: University of Wisconsin-Madison; Summary: New research reveals how a cellular filament helps neural stem cells clear damaged and clumped proteins, an important step in eventually producing new neurons. Share:.
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