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Virus Disrupts China's Shipping, and World Ports Feel Impact Some docks in China are clogged with arriving shipping containers or iron ore. Warehouses overflow with goods that cannot be exported for lack of trucks. And many factories are idle because components are not reaching them. As Beijing tries to jump-start ...
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Stock Market Bloodbath: S&P 500, Dow Fall Over 4 Percent On Coronavirus Fears Topline: The Dow Jones Industrial Average plummeted nearly 1,200 points to close at 26,957 on Thursday, signaling that investor anxiety about the potential impact of the coronavirus continues to worsen despite signs that China's economic activity is ...
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Starbucks says 85% of its China locations are open after coronavirus disruption Starbucks Corp. SBUX, -2.95% Chief Executive Kevin Johnson tweeted an update regarding Starbucks China on Thursday, saying that 85% of the company's locations in the country are back up and running. The tweet included a clip of Belinda Wong, chief ...
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Wells Fargo fined $35 million in SEC settlement over investment advice Wells Fargo will pay a $35 million fine to settle accusations that it improperly recommended risky investments to some of its clients, including senior citizens and retirees, the Securities and Exchange Commission said Thursday. These clients were encouraged ...
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Clearview AI's client list includes 2200 organizations spanning law enforcement to universities US Immigration and Customs Enforcement, the Department of Justice, the FBI, Macy's, and Best Buy are among the thousands of government agencies and private companies using the software of facial recognition company Clearview AI, according to a ...
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Tim Cook launches AR civil rights education program with EdFarm By: Malcolm Owen. Thursday, February 27, 2020 12:46 PM. Apple CEO Tim Cook's visit to Birmingham, Alabama was for an announcement involving the educational nonprofit EdFarm, which is going to provide access to Apple's coding and creation ...
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Stock Market News: Virgin Galactic Flames Out; Anheuser-Busch Loses Its Fizz After a brief respite yesterday, the stock market continued its steep decline on Thursday morning. Fears about the spreading novel coronavirus show no signs of abating anytime soon, and the rising number of cases in new locations has investors becoming ...
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ROCORI Principal Leaving to Become Detroit Lakes Superintendent COLD SPRING -- After 13 years with the district, ROCORI School District principal Mark Jenson is heading out. Jenson, the current grades 6-12 principal, has accepted the position of superintendent with the Detroit Lakes Public Schools. Jenson began his ...
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Here's Why NeoGenomics Fell as Much as 20.2% Today Shares of NeoGenomics (NASDAQ: NEO) fell more than 20% today after the company reported fourth-quarter and full-year 2019 operating results. If investors are a little confused, that's probably the right reaction. NeoGenomics reported full-year 2019 ...
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L Brands Beats Earnings Expectations Before Taking Victoria's Secret Private Expectations have been very low for L Brands (NYSE: LB), due to the weak performance of the Victoria's Secret brand. After initially cutting its outlook for the holiday quarter, the company reported better-than-expected earnings for the fourth quarter.
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Boeing Is Said to Reach Accord With 737 MAX Engine Suppliers Boeing (BA) - Get Report agreed to cover the cost of jet engines made for the grounded 737 MAX, according to one of makers of the engines. General Electric (GE) - Get Report and Safran (SAFRY) of France have a joint venture that makes the Leap-1B ...
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Big Lots stock falls 20% on Q4 miss, company sees virus-related supply-chain 'disruptions' Shares of Big Lots Inc. BIG, -1.54% tanked more than 20% in the extended session Thursday after the retailer missed profit expectations for the fourth quarter and said it expects a "challenging" first quarter of 2020 partly on supply-chain disruptions due to the ...
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What is Beyond Meat made from? The future of food is trending beyond meat. With plant-based foods on the rise, the food industry is currently seeing major restaurants and companies partner up with plant-based brands such as Beyond Meat. And the company is quickly growing into one of ...
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Chico's FAS on the mend with sales growth, store closings Fort Myers-based women's retailer Chico's FAS is on the mend. On Thursday, the company reported its first quarter of positive comparable sales growth for its three major brands since the end of 2014. Comparable sales — or same-store sales — are sales ...
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Monster Beverage Earnings Top After Coca-Cola Energy Drink Hits US Shelves Monster Beverage (MNST) reports better-than-expected fourth-quarter earnings late Thursday, a month after investor and distribution partner Coca-Cola (KO) launched a rival energy drink in the U.S. Monster stock fell modestly late, after Monster, Coca-Cola ...
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More companies logging more autonomous miles in California The number of companies testing autonomous vehicles on California roads and the miles they covered jumped again in 2019, but there is little agreement on how much progress they have made. That's because of differences in how the companies involved ...
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VMware exceeds $10B in sales in FY 2020 VMware crossed a new revenue threshold in fiscal year 2020, exceeding $10 billion in sales for the first time. In spite of its strong sales figures, the company missed earnings expectations in Q4, and shares fell in after-hours trading. Fourth quarter non-GAAP ...
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Newlab and The Boston Globe team up to launch AI tools startup Applied XLabs Applied XLabs is a new startup building tools that can automate data-gathering for journalists — and eventually, for knowledge workers in other industries. The company is emerging from Brooklyn-based Newlab, with The Boston Globe as its launch partner.
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FTC challenges Jefferson-Albert Einstein hospital merger The Federal Trade Commission said Thursday it will challenge the proposed merger between two Philadelphia-area not-for-profit health systems on the grounds the combination would reduce competition. The FTC said it issued an administrative complaint ...
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Disrupted flights and travel insurance: how the coronavirus is affecting travel for Australians Government advice is for Australians to avoid China, but there are many other factors to consider. Here is everything you need to know. Josh Taylor · @joshgnosis. Thu 27 Feb 2020 11.30 EST Last modified on Thu 27 Feb 2020 11.33 EST. Share on Facebook ...
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Herc Rentals Posts Modest Fourth Quarter and Full Year Increases Herc Holdings reported equipment rental revenue of $457 million for the fourth quarter of 2019 compared to $447.7 million for the fourth quarter of 2018, a 2.1-percent increase. Michael Roth. Feb 27, 2020. Herc Holdings reported equipment rental revenue of ...
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Skechers partners with Goodyear Tire & Rubber Co. on line of sneakers AKRON, Ohio – A new line of Skechers shoes features Goodyear rubber technology on the bottom, the companies announced this week. The Akron-based tire company is providing rubber for custom outsoles for several styles of shoes for men, women and ...
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Ronald McDonald House unveils expansion, opens doors next week LOUISVILLE, Ky. — The Ronald McDonald House unveiled the expansion of their building at 1st and Chestnut Streets. The doors of the new space will officially open on March 2. The renovations were possible thanks to a $21 million fundraising campaign.
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Baidu forecasts weak revenue amid coronavirus uncertainty Baidu, China's dominant search engine, tripled its profit in the fourth quarter but forecast weaker revenues for the first three months of this year, as analysts look ahead to the potential damage to its business from the coronavirus ...
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Miller Lite cancels Leap Day giveaway in wake of fatal shooting at Milwaukee plant that left 6 people dead MILWAUKEE, WI -- Miller Lite announced Thursday a planned free beer giveaway set for Leap Day has been cancelled in the wake of a fatal shooting at the company's Milwaukee plant Wednesday. The company has removed any references to the planned ...
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DocuSign Acquires Seal Software in $188 Million Deal E-signature company DocuSign announced Thursday afternoon that it had reached an agreement to acquire the AI-based contract analytics provider Seal Software for $188 million in cash. The deal has been approved by both DocuSign and Seal's board of ...
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NH Electric Co-op cuts power rate 26% due to warm winter A warm winter that has reduced the cost of natural gas, the fuel that supplies half the region's electricity, has allowed New Hampshire Electric Cooperative's Board of Directors to approve an unusual out-of-cycle reduction in rates: A 26% cut in its electricity ...
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Municipal Solid Waste Management Market to cross $90 billion by 2026, Says Global Market Insights, Inc. Selbyville, Delaware, Feb. 27, 2020 (GLOBE NEWSWIRE) --. Global Municipal Solid Waste Management Market is anticipated to surpass USD 90 billion by 2026, as reported in the latest study by Global Market Insights, Inc. Stringent governmental regulations ...
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Coronavirus latest: California monitoring 8400 people for Covid-19 Volatility index hits highest level since 2011 'flash crash'. The Cboe volatility index — known as Wall Street's "fear gauge" — jumped to its highest level since the "flash crash" of August 2011, reflecting the heightened volatility in ...
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Pedestrian deaths are soaring: SUVs, drug use, cellphones may be why, study says Pedestrians — perhaps distracted by smartphones or strolling more at night due to warming temperatures — are being killed in traffic accidents at the highest rate in 30 years, researchers said Thursday. About 6,590 pedestrians died in crashes in 2019, up 5 ...
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