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China February factory activity contracts at record pace as coronavirus bites BEIJING (Reuters) - Factory activity in China contracted at the fastest pace ever in February, even worse than during the global financial crisis, highlighting the colossal damage from the coronavirus outbreak on the world's second-largest economy.
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Options markets point to a potential bounce for US stocks NEW YORK (Reuters) - Activity in stock options points to a possible rebound for battered U.S. equities, after markets notched their steepest weekly drop since the financial crisis as the coronavirus outbreak accelerated beyond China's borders. A trader wears ...
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How food and beverage companies are handling coronavirus Food and beverage companies have not been immune to the economic impact of the coronavirus emergency. As volatile stock markets and a growing list of businesses report financial insecurities and losses, big-name food suppliers have also shared news ...
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Elliott targets Twitter, seeking CEO Dorsey's removal: sources (Reuters) - Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc (TWTR.N) and is pushing for changes, including removal of the social media company's chief executive, Jack Dorsey, two people familiar with the matter said on Friday.
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Mack-Cali Releases Letter to Rizk Ventures, Responds to Bloomberg Article JERSEY CITY, N.J., Feb. 28, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) (the "Company" or "Mack-Cali") today released a letter that the Company sent to Rizk Ventures LLC on February 5, 2020 in response to an indication of interest ...
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Why VMware Stock Fell 9.5% Today Shares of virtual computing veteran VMware (NYSE: VMW) crashed on Friday, following the release of mixed fourth-quarter 2020 results. By 3 p.m. EST, the stock was down 9.5%. So what. VMware's fourth-quarter sales rose 11% to $3.07 billion, just ahead of ...
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This tiny electric car looks like a washing machine and costs just $6600 French automaker Citroën has unveiled the Ami, a tiny electric car that's designed from the outset to be as cheap as possible. The car isn't very fast and it looks a bit like a washing machine, but it only costs €6,000, or the equivalent of about $6,600. It would be ...
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SEC fines Wells Fargo $35M to settle adviser case The Securities and Exchange Commission announced Thursday it has settled charges against Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network in which the bank has agreed to pay a $35 million penalty. The bank units were ...
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Erotica author sentenced for stealing royalties from clients WELD COUNTY, Colo. — A Milliken woman was sentenced to two years in jail after pleading guilty to charges related to an elaborate money-laundering scheme that unraveled in 2016, according to the Weld County District Attorney's Office. Jana Koretko, 51 ...
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Plastic Recycling in Bartholomew County For many years, U.S. recyclables were shipped to China and other countries for processing to manufacture goods produced in those countries. Over time, recycling went from sorting materials at home to single-stream recycling where everything is put in one ...
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Google and Amazon limit employees' travel because of coronavirus fears Google is preventing employees from traveling to Italy, Iran, Japan, and South Korea because of outbreaks of the novel coronavirus, Business Insider reported. Amazon is asking employees to defer all nonessential travel, a spokesperson confirmed to The ...
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Amazon Pulls 1M Fake Cures, Preventions for Coronavirus Amazon has reportedly removed more than 1 million products from its digital store that are fraudulently branded as coronavirus cures or safeguards, the Mercury News reports. The online giant in recent weeks has cracked down on thousands of users ...
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School Lunch Menus Centennial. • Monday, March 2: Barbecued pork on a bun, assorted potatoes, green beans. • Tuesday, March 3: Goulash, cheesy corn, creamy peas. • Wednesday, March 4: Assorted breakfast meats, hashbrown patties, celery sticks. • Thursday, March 5: Hot ...
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Dodge Grand Caravan Is Dead, Will Go 'n Stow In That Minivan Graveyard in the Sky It's long been known that Fiat Chrysler Automobiles plans to move the ancient Dodge Grand Caravan minivan to the back burner, and let the van fade into the sunset and leave the Chrysler Pacifica and Voyager as the group's only minivan options. Well ...
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TikTok star meticulously lays out grains of rice to depict Jeff Bezos' obscene wealth Jeff Bezos is rich as hell, but if you have trouble understanding just how obscenely wealthy the Amazon founder is, we suggest you visit TikTok. Entrepreneur and TikTok star Humphrey Yang, a 32-year-old eCommerce consultant and freelancer from Silicon ...
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Boeing has 'decoupled' production from certification on 737 Max, Spirit CEO says Spirit AeroSystems will resume work on the Boeing 737 Max next month before the airplanes have been cleared to safely return to flight. The Boeing 737 Max has been grounded worldwide for almost a year, after two crashes killed 346 people. Spirit's return ...
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'Hot bargaining' brings in president of national flight attendants union for Hawaiian Airlines contract talks The Association of Flight Attendants-CWA sent its union president to Hawaii Thursday to intervene in protracted bargaining between Hawaiian Airlines management and flight attendants. AFA-CWA President Sara Nelson, who is a Boston-based United ...
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Why the Secure Act of 2019 May Not Make You Feel Very Secure The passage of the Setting Every Community up for Retirement Enhancement (SECURE) Act of 2019, effective Jan. 1, made a number of significant changes relevant to IRA's, 401(K)s and other qualified retirement benefits. However, within the SECURE Act ...
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Wendy's Launches 'The Plantiful' Plant-Based Burger In Canada (RTTNews) - Wendy's Co. joined the growing list of fast-food chains that are launching plant-based meat options. The fast food chain has introduced "The Plantiful," a plant-based burger, at its restaurants across Canada. Wendy's said it formulated its own ...
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Coronavirus Fears Are Driving Down the Stock Market. How About the Housing Market? Everyone, it seems, is finally coming to grips with the threat posed by the rapidly spreading coronavirus. The stock market drops reflect investor panic over the possible effects on the global economy, and are causing regular folks to worry about their retirement ...
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NVAX Stock Surges on COVID-19 Vaccine Development Shares of Novavax Inc (NYSE:NVAX) are soaring today, up 12.3%, earlier peaking at $17.71, and last seen at $13.87. The clinical-stage vaccine company earlier in the week announced a COVID-19 vaccine candidate, which they hope to put into phase 1 ...
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Foot Locker runs slower in Q4; expanding 'power store' format Weak holiday demand and a shorter shopping season took a bite out of Foot Locker's sales in the fourth quarter. The athletic footwear and apparel retailer reported mixed results for the fourth quarter, with earnings that topped the Street but sales that missed.
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Air New Zealand developing bunk bed-style sleeping pod for economy flyers Air New Zealand has filed a patent application for the Skynest sleeping pod, which would allow economy passengers to stretch out and during long-haul flights. One pod contains a total of six beds, arranged into two bunks with three levels each. The beds ...
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Deere laying off more Waterloo employees Deere & Co. has announced layoffs in Waterloo, its fifth round of cuts at Iowa offices and plants since November. Company spokeswoman Jennifer Hartmann said Friday that Deere bosses told 42 workers in Waterloo they would be laid off on May 4 as part of ...
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Natural Gas Price Prediction – Prices Drop and is Poised to Test All-time Lows Natural gas prices moved lower on Friday, dropping more than3% for the day and down 11% for the week. A larger than expected build in natural gas inventories, in conjunction with warmer than normal weather, has led prices lower. The weather over the ...
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Govt. urges consumers not to hoard toilet paper Japan's industry ministry is urging consumers not to be swayed by false information circulating online about an impending shortage of toilet paper due to the coronavirus outbreak. The ministry made the appeal on Friday in response to a rush by consumers ...
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It's likely there are more coronavirus cases in the United States than the numbers show (CNN) If you show up at NYU Langone Health in New York City with a fever and a cough, they're going to assume you have the novel coronavirus. If coronavirus spreads within the US, here's how daily life might · If coronavirus spreads within the US, ...
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Two-tower plan for former Chicago Spire site gets significant height reduction The long-anticipated plan to redevelop the infamous hole left behind by the failed 2,000-foot-tall Chicago Spire project at 400 N. Lake Shore Drive keeps getting less grandiose. The two-tower proposal for the vacant riverfront site revealed by Related Midwest ...
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State seized illegal gambling machines, $1330 cash from Valley establishments The state has seized several illegal gambling machines and $1,330 cash from two Shamokin establishments since Feb. 19, state troopers said. State police and liquor control enforcement officers have been cracking down on illegal gambling machines ...
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