Monday, March 30, 2020

Google Alert - finance

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finance
As-it-happens update March 30, 2020
NEWS
Wall Street Journal
The U.S. economy has suffered a body blow with no modern precedent. Unemployment, just 3.5% in February, could top 10% in coming months, higher than its peak in the 2008-09 recession. Some see it surpassing 20% soon, levels unseen since the Great ...
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Wall Street Journal
From his office off U.S. Highway 136, Mike Estes has a clear view of the main strip leading into Fisher, Ill., population 1,900. The president of Fisher National Bank knows the agricultural community well, including the handful of small businesses that dot the ...
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Forbes
In Byron Allen's Entertainment Studios $20 billion discrimination lawsuit against Comcast the Supreme Court's Justices unanimously decided to send the case back to the 9th U.S. Circuit Court of Appeals in San Francisco. Trump's Department of Justice briefs ...
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Reuters
BEIJING (Reuters) - China's Geely Automobile Holdings Ltd (0175.HK) said on Monday 2020 may be one of its toughest years yet, as pressure stemming from the coronavirus outbreak on production and sales persists. The logo of Chinese carmaker Geely ...
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Business Recorder
LONDON — Oil prices fell sharply on Monday, with U.S. crude briefly dropping below $20 and Brent hitting its lowest level in 18 years, on heightened fears that the global coronavirus shutdown could last months and demand for fuel could decline further.
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Reuters
LONDON (Reuters) - British supermarkets are frantically trying to build up their online operations during the coronavirus emergency but no matter how hard they work they will not have enough capacity to meet unprecedented levels of demand. FILE PHOTO: ...
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TechCrunch
Online learning looks likely to be a key beneficiary of the social distancing and quarantine measures that are being applied around the world as countries grapple with the COVID-19 pandemic. In turn, this looks set to buoy some relative veterans of the space.
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Forbes
Congress just passed, and the President signed, an enormous, multi-faceted bill to try to stave off a U.S. recession. Will the $2.3 trillion bill work as intended? We can start with the magnitude of the challenge. In the face of the deadly Covid-19 pandemic, many ...
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Fox News
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Biotech company Gilead Sciences is expanding access to its antiviral drug remdesivir as an experimental coronavirus treatment. In an open letter sent out Saturday, ...
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Pensions & Investments
The Federal Reserve's unprecedented step into U.S. corporate bonds helped cure many of the massive dislocations in exchange-traded funds — and may have saved mutual funds from a similar fate. After prices for the biggest fixed-income funds held in a ...
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Forbes
Topline: Stocks continued their rebound on Monday morning after President Trump's announced that social distancing guidelines will be extended to April 30. At Thursday's open, the Dow Jones Industrial Average gained 0.6%, or 140 points, while the S&P ...
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U.S. News & World Report
BANGKOK (AP) — World markets started the week with more losses as countries reported surging numbers of infections from the coronavirus, forcing prolonged shutdowns of travel and business in many regions. Shares fell in London, Paris and Tokyo on ...
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Fox News
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. EasyJet has grounded its entire fleet of airplanes due to a collapse in demand and extraordinary international travel restrictions during the global coronavirus ...
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Las Vegas Review-Journal
Executives and investors of publicly traded companies with a connection to Southern Nevada won't soon forget March 18. That's the date nearly every gaming company stock tumbled to its 52-week low price. It also was the first trading day after Gov.
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Wall Street Journal
Johnson & Johnson said Monday that it had made progress on a vaccine to prevent Covid-19 and that the product could be ready in early 2021. The Latest on the Coronavirus. More than 735,000 infections world-wide in 177 countries and regions; Global ...
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Bloomberg
The European Central Bank's unprecedented call on Europe's banks to delay dividends would hit shareholders in the three largest French banks particularly hard. If BNP Paribas, Credit Agricole and Societe Generale follow UniCredit SpA, ABN Amro NV and ...
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Reuters
WARSAW (Reuters) - Poland's biggest oil refiner, the state-run PKN Orlen (PKN.WA), upholds its plans to take over its smaller rival Lotos (LTSP.WA) and awaits further decisions by the European Commission regarding the deal, PKN Chief Executive Daniel ...
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KEYT
Amazon employees at the company's Staten Island, New York, facility plan to walk off the job Monday amid allegations the online retail giant has mishandled its response to the coronavirus pandemic. Employees are protesting Amazon's decision to keep the ...
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Economic Times
NEW DELHI, March 30 (Reuters) - Indian refiner Hindustan Petroleum Corp Ltd has issued a force majeure notice to Iraq's Oil Marketing Company (SOMO) to cancel two oil cargoes as local fuel demand is hit by lockdown to stem spread of coronavirus, ...
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Wall Street Journal
Medtronic Plc said it would publicly share the design specifications for a ventilator product to allow other companies to explore producing it rapidly to help meet demand driven by the new coronavirus. The company posted online the design documents, ...
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ZDNet
Live. A week after launching 34 satellites, space broadband contender OneWeb on Friday filed for Chapter 11 bankruptcy in a New York court after funding talks with its main investor Softbank collapsed due to coronavirus COVID-19 market turbulence.
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New York Post
Krispy Kreme is making Mondays a little sweeter for America's hardworking healthcare community. The company is giving away "Original Glazed" doughnuts to the people on the frontlines of the coronavirus pandemic beginning Monday, March 30 — National ...
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The Hill
Two major U.S. health insurers, Cigna and Humana, are waiving all out-of-pocket costs for coronavirus treatments nationwide. "Two of the country's largest health insurers, Humana and Cigna, are announcing that they will waive co-pays, which is a big deal.
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TheStreet
Things are looking sunnier for Cal-Maine Foods (CALM) - Get Report, one of the nation's largest egg producers, as its shares were buoyed by a strong quarterly performance and its report that it's seen no supply-chain disruption during the coronavirus ...
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CNN
(CNN) It's easy to forget which day of the week it is when you're cooped up in your home for weeks on end. But please, don't forget Taco Tuesday. Taco Bell hasn't. On March 31 (this upcoming Tuesday, if you haven't glanced at a calendar for a bit), the chain ...
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BBC News
Cruise companies Cunard and P&O have lengthened the suspension of operations due to the coronavirus pandemic. Two of Cunard's three ships began to sail back to Southampton earlier this month when it halted its international holiday voyages.
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SiliconANGLE
Security researchers at Check Point Software Technology Ltd. said today they've observed a sharp rise in the number of fake "Zoom" domains registered in the last week as more and more people switch to remote working during the global coronavirus ...
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Reuters
LONDON (Reuters) - Goldman Sachs said on Monday it expects S&P 500 dividends to fall by 25% in 2020 as certain large dividend-paying industries are particularly vulnerable to the economic shock of the coronavirus outbreak. "The record high level of net ...
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WWLP.com
Beginning today, Dollar General is proud to provide all medical personnel, first responders and activated National Guardsmen with a 10 percent discount on qualifying purchases. Individuals can present their employment badge or ID at more than 16,300 ...
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CNET
It's back. Getty Images. Live mobile trivia game HQ Trivia made a surprise return Sunday, after shutting down and laying off its employees in February. An investor provided the funding it needed for a comeback, according to the Wall Street Journal, and a push ...
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Fox Business
Coronavirus pandemic is likely to derail the housing market as layoffs surge and the economy falters. Facebook; Twitter; Comments; Print; Email. Reuters. close. Zillow is suspending buying in 24 markets due to inventory concerns. FOX Business' Lauren ...
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Nasdaq
Updates throughout. BEIJING, March 30 (Reuters) - Asia's top refiner China Petroleum Chemical Corp 600028.SS, or Sinopec, expects that its full-year 2020 refining runs will be lower than in 2019 because of a contraction in Chinese fuel demand caused by ...
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Boston Herald
Employers that offer a retirement plan know it's a highly valued benefit that can help retain and attract employees. Yet 401(k)s and similar plans contain two features that can undermine success. Retirement plans make it all too easy to raid your money long ...
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Yahoo Finance
DxAdvantage Partner Program Shines for Providing Premier Data Availability, Security and Access Solutions, Together with World-Class Training, Tools and Support. FORT COLLINS, Colo., March 30, 2020 /PRNewswire/ -- DH2i, the leading provider of data ...
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City A.M.
Easyjet's founder and largest shareholder Sir Stelios Haji-Ioannou has threatened to sack one of the budget carrier's board members every seven weeks unless the firm cancels a £4.5bn order of new aircraft from manufacturing giant Airbus. The letter, which ...
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Windsor Star
U.S. stocks rose after a mixed overnight session, as investors saw glimmers of optimism in health-care efforts to deliver rapid virus testing. The dollar rose. The S&P 500 Index climbed for the fourth time in five days even after a weekend full of negative ...
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whnt.com
UPS is no longer requiring signatures from customers. The delivery company released those updated guidelines over the weekend, and says drivers will just make sure the customer takes their package immediately, and request an ID if applicable. UPS says ...
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Nottinghamshire Live
Criminals are turning to the internet to scam schools, businesses and individuals, using the Covid-19 crisis to hack accounts and steal their money. Nottinghamshire Police is launching a live Q&A with the public on Tuesday, March 31, to offer advice and ...
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Market Realist
Market Leading Hemp-Derived CBD Brand Enters into Next Phase of Growth and Expansion. BOULDER, CO, March 30, 2020 /PRNewswire/ - (TSX: CWEB, OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the world's ...
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Scottish Daily Record
A Girvan distiller is producing millions of litres of ethanol as the world cries out for hand sanitiser. William Grant & Sons have shifted production to help in the global meltdown. And one of their key customers is owned by Troon man Stephen Allam, current ...
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The Star
Around 3,500 people are employed at the depot, according to the retailer, which says up to 500 work on site at any given time. The trade union GMB claims social distancing measures requiring people to be at least two metres apart are being flouted at the site ...
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Triad Business Journal
Fletcher Steele has weathered five recessions with a nearly century-old family-owned company. He advised a president on a bailout plan in the Great Recession. Faced with the surging crisis brought about by the coronavirus pandemic, what's his advice to ...
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Community Newspaper Group
FLY-in, fly-out workers in Western Australia are being asked to consider spending months away from their loved ones as resources companies grapple with the coronavirus pandemic. Oil and gas giant Woodside has confirmed a 14-week swing is among the ...
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Motley Fool
Patrick Stewart, who plays Captain Picard on Star Trek: Picard, announced on Twitter last week that ViacomCBS (NASDAQ:VIAC), which hosts the TV program on its CBS All Access streaming video service, was giving consumers free access to the service for ...
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