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Oil prices sink to lowest in more than a year NEW YORK (Reuters) - Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, set for their steepest weekly fall since 2016 as the global spread of the coronavirus stokes demand fears. FILE PHOTO: A seagull flies in front of an ...
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Occidental Petroleum could cut 2020 spending on coronavirus impact (Reuters) - After already slashing spending on new projects by 40%, Occidental Petroleum Corp is ready to cut deeper this year if oil markets continue to be roiled by global coronavirus fears, Chief Executive Vicki Hollub said on Friday. FILE PHOTO: The logo ...
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Fed Chair Issues Statement, Keeping Cut On Table as Virus Risks Roil Markets Federal Reserve Chair Jerome H. Powell, in an attempt to soothe jittery investors, issued a short statement Friday afternoon reaffirming that the central bank will use its tools and "act as appropriate to support the economy." Looking for more business news?
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Panera's Disruptive $9/Month Subscription Panera just rolled out a monthly subscription for unlimited coffee and tea for $9. It will be interesting to see how its competition reacts. Chris Hill. (TMFWizard). Feb 28, 2020 at 2:20PM. Author Bio. Full-time host of the Motley Fool Money radio show, ...
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Gold books biggest daily slide in nearly 7 years with nearly 5% drop Gold futures dropped by nearly 5% on Friday, suffering the sharpest daily slide since June 2013. Investors rushed to sell the precious metal to generate cash to cover losses in the stock market, which continued to plunge on rampant worries about the spread ...
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Health Catalyst Inc (HCAT) Q4 2019 Earnings Call Transcript Health Catalyst Inc (NASDAQ:HCAT) Q4 2019 Earnings Call Feb 27, 2020, 5:00 p.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants. Prepared Remarks: Operator. Ladies and gentlemen, thank you for standing by, and welcome to ...
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United, other airlines cut more flights to Asia as concerns about coronavirus grow Airlines are reducing more service and offering fee waivers to travelers headed to Asia and other parts of the world where coronavirus infections are growing. On Friday, United Airlines announced it would cancel some flights to Japan, Singapore and Seoul.
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Hedge fund nominates broadcasting executive Wert to Tegna's board By Svea Herbst-Bayliss. NEW YORK, Feb 28 (Reuters) - Standard General has nominated a fifth director to Tegna Inc's TGNA.N board one week after the broadcast company added a new director, the hedge fund said on Friday. Tegna and Standard General ...
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Detroit auto show fate could be affected by coronavirus outbreak The Geneva Car Show is canceled. The Beijing Car show is "postponed." No one knows the status of the Detroit auto show, scheduled to run June 9-20. At 9 a.m., the North American International Auto Show website said, "Countdown to the Show: 105 days, ...
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Here's How Wisconsin Ranks In Pedestrian Traffic Deaths The Governors Highway Safety Association has released preliminary data for 2019 on rates of pedestrian traffic deaths across the nation. By Scott Anderson, Patch Staff. Feb 28, 2020 11:07 am CT ...
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These are the only 7 stocks in the S&P 500 that rose while the market plunged In any market environment, there are exceptions to the trend. But there aren't many this time. Since the S&P 500 SPX, -2.45% hit its last closing record on Feb. 19, the index has skidded 12% — and only seven of the component stocks haven't declined through ...
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EU Launches Antitrust Probe Into Italy Loan to Alitalia BRUSSELS — The European Union's antitrust watchdog said Friday that it has launched an investigation into a loan of 400 million euros ($440 million) from the Italian government to national airline Alitalia to establish whether the money is illegal state aid.
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Coronavirus News: As Covid-19 Infects Stock Market, Economy And Business Face Test As coronavirus news moves far beyond China's borders, the novel Covid-19 strain of the virus is sending ripples through the stock market, business and world economy. Biotech and pharmaceutical companies such as Gilead Sciences (GILD) and Moderna ...
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Corona Beer Takes Hit From COVID Naming Someday this will be a marketing case study. You're Constellation Brands. One of your leading brands is Corona beer. Then out of China comes a virus that has your name on it. You're blowing up on social media for all the wrong reasons. And to top it off, you ...
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Goldman Sachs asks some clients to skip New York conference amid coronavirus outbreak Goldman Sachs is asking attendees for a conference scheduled to be held by the investment bank next week to skip the event if they've recently traveled to countries worst hit by the coronavirus. "In light of the recent outbreak of the novel coronavirus, ...
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FCC proposes over $200 million in fines against top mobile carriers The Federal Communications Commission (FCC) is proposing over $200 million in fines against the country's top mobile carriers after a lengthy investigation concluded T-Mobile, AT&T, Sprint and Verizon improperly sold access to their customers' precise ...
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Shopping malls will empty out if coronavirus worsens in US: survey American shoppers will avoid malls like the plague if the coronavirus crisis worsens in the US, a new survey shows. Some 58 percent of consumers surveyed this week said they will likely avoid public spaces or travel if the outbreak spreads further here, ...
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Pure Storage Cut Its Workforce by 3%. The Stock is Rallying on Earnings. Pure Storage this week cut about 3% of its workforce, a spokesperson for the flash-memory storage company confirmed. The cuts had not previously been disclosed. "As Pure continues to scale and maintain a record of high growth and innovation, we did ...
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Q&A: Why this Columbus retailer is spending $50M to support Nationwide Children's behavioral health efforts Nationwide Children's Hospital CEO Tim Robinson is frank: The $159 million Big Lots Behavioral Health Pavilion and ongoing hospital subsidy of behavioral care would not have been possible without the $50 million pledged by the Columbus retailer with its ...
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The Chevrolet Impala officially dies -- again Another one bites the dust. Chevrolet. We've written the obituary for the Chevrolet Impala a couple times in the past few decades, but this time, it feels unlikely we'll ever see the family sedan make a return. Right on schedule, the final Chevy Impala rolled ...
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Big Lots Stock Plummets After Earnings Miss and Coronavirus Warning Big Lots shares are plunging because the retailer reported disappointing fourth-quarter earnings after the market closed Thursday and warned that its first quarter will be "challenging" in part due to supply-chain disruptions caused by the novel coronavirus ...
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Jeff Bezos, Lauren Sanchez meet with French President Emmanuel Macron The Amazon CEO and his girlfriend discussed climate and sustainability with French President Emmanuel Macron. Facebook; Twitter; Comments; Print; Email. By Ann SchmidtFOXBusiness. close. FOX Business' David Asman, Jackie DeAngelis and Kristina ...
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Union president steps in to assist Hawaiian Air flight attendants with contract negotiations The international president of the union representing Hawaiian Airlines flight attendants stepped in to help with negotiations. The Association of Flight Attendants (AFA) reports about 99% of the flight attendants voted to authorize a strike last November.
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The Dow Is Dropping for a Seventh Day. It's the Coronavirus Again. It's going to be a rough start to Friday for U.S. investors. Global stocks markets fell again because of continuing fear about Covid-19, or coronavirus. U.S. stock futures are down as well. Thursday afternoon, the World Health Organization reported new cases ...
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Nokia and its Peers Have Good Reasons to Explore M&A Nokia (NOK) is reportedly exploring its options. If it is, it's hard to blame the company, given what its demand environment has looked like lately. On Thursday, Bloomberg (citing multiple sources) reported that Nokia is "working with advisers to consider ...
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Sports betting coming to Northern Michigan casinos in time for 2020 football season WILLIAMSBURG, MI -- The Grand Traverse Band of Ottawa and Chippewa Indians announced this week that it plans to bring sports betting to its two Northern Michigan casinos. William Hill, one of America's leading sports betting company, will be the ...
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Rita's in Mercerville is Open for the 2020 Season The wait is finally over. Rita's Italian Ice and Frozen Custard in Mercerville (Hamilton Township) is open for the season, according to Facebook. Woo hoo. You're so happy, aren't you? They reopened yesterday (Thursday, February 27th), despite the colder ...
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Bed Bath & Beyond is cutting roughly 500 positions to streamline and boost business Bed Bath & Beyond is cutting roughly 500 jobs as it attempts to slash costs in the wake of sliding sales. The New Jersey-based home furnishings company said Thursday that it was focusing on management positions that were redundant or not essential as it ...
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Plano Sunglasses Market 2020-2024 | Product Innovation Along with Technological Advances to Boost Growth ... Technavio has been monitoring the plano sunglasses market and it is poised to grow by USD 4.52 billion during 2020-2024, progressing at a CAGR of 5% during the forecast period. The report offers an up-to-date analysis regarding the current market ...
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A 22-year-old grocery bagger won $70 million from lotto ticket he bought at work QUEBEC CITY, Canada (WMTV)-- A 22-year-old grocery worker just won the largest jackpot in Quebec's history, after he bought a ticket from the grocery he works at. Gregory Mathieu, who is a bagger at the IGA Extra in Québec City, arrived at the lotto office ...
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Retirees: 3 Income Ideas for Your 2020 RRSP As we approach the March 2nd deadline for Registered Retirement Savings Plan (RRSP) contributions, retirees (or those nearing retirement) looking for income-generating names to buy and hold for the next two or three decades should definitely consider ...
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Japan store shelves stripped of toilet paper amid coronavirus fears Supermarkets and drugstores in Japan have experienced shortages of toilet paper on jitters the product will follow face masks in selling out amid the spread of coronavirus in the country. The "panic buying" on Friday came despite an industry body's request ...
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