Tuesday, March 31, 2020

Google Alert - finance

Google
finance
As-it-happens update March 31, 2020
NEWS
CNBC
The national average for a gallon of gas is below $2 for the first time in four years, AAA said in a statement Tuesday. At $1.99, the current average price for a gallon is 18.4%, or 45 cents, lower than one month ago, and down 70 cents, or 25.8%, year-over-year.
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TechCrunch
Even though this might seem to be the absolute worst time to try to round up funding for a restaurant-related startup, Allset is announcing that it's raised an $8.25 million Series B. It was not, to be clear, an easy process. CEO Stas Matviyenko (who founded the ...
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CNBC
12:05 pm: Brutal first quarter for Asian and European markets. Japan's Nikkei ends Q1 down 20.04% for its worst quarter since Q4 2008 when the Nikkei lost -21.32% and its worst Q1 since 1990 when the Nikkei lost 22.96%; Shanghai lost 9.83% for its worst ...
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Reuters
NEW YORK (Reuters) - The dollar climbed against major currencies on Tuesday amid quarterly and fiscal year-end demand from portfolio managers and Japanese firms. FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration.
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Forbes
Of the $2 trillion rescue package passed by Congress to address the gaping economic hole created by the Corona virus, $500 billion is dedicated to loans to companies, industries, cities and towns, made vulnerable by the pandemic. But what assurances ...
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Forbes
Topline: As many people take precautionary measures to prevent the spread of coronavirus, a bizarre spate of reports are emerging nationwide of others allegedly spitting and coughing in public, perhaps to infect others, leading officials to issue warnings that ...
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Forbes
Topline: As the coronavirus outbreak continues to take its toll on global markets, many cash-strapped companies—like Boeing, Ford, Darden Restaurants, and Marriott International—are cutting dividends to conserve cash during the crisis. Across the S&P 500, ...
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Reuters
CHICAGO (Reuters) - American Airlines Group Inc (AAL.O) is set to sharply increase the number of jets it is planning to retire beyond its announced plans as it accelerates a fleet transformation to respond to the coronavirus crisis, people familiar with the ...
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CNBC
New York-based JetBlue is slashing flights in the metropolitan area by 80% because of the coronavirus. Spirit Airlines is suspending operations in New York, New Jersey and Connecticut after a CDC advisory. The CDC has recommended people in the ...
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Motley Fool
The stock of Clear Channel Outdoor Holdings (NYSE:CCO) was enjoying a 23.9% renaissance as of 11:45 a.m. EDT today. This morning, Clear Channel announced a deal to sell its 50.91% majority interest in Hong Kong company Clear Media to Cayman ...
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The Verge
Grubhub announced last week that, between the hours of 5 to 9 PM, customers could order takeout or delivery through its platform and receive $10 off orders of $30 or more. It sounds like a good deal, until you realize that while Grubhub is promoting the offer ...
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TechCrunch
Microsoft today announced the launch of Azure Edge Zones, which will allow Azure users to bring their applications to the company's edge locations. The focus here is on enabling real-time low-latency 5G applications. The company is also launching a ...
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VentureBeat
Orion Labs, a startup developing voice-activated communication and automation solutions for deskless workers, today announced that it has raised $29 million. Newly appointed CEO Gregory P. Taylor, who takes the reins from founder Jesse Robbins (who's ...
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Reuters
(Reuters) - Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Tuesday the company has extra FDA-approved ventilators that can be shipped free of cost to hospitals within regions where the electric carmaker delivers. "Device & shipping cost are free.
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TheStreet
Urban Outfitters (URBN) - Get Report has joined the parade of companies furloughing workers and cutting spending in response to the havoc wrought on their sales by the coronavirus. At last check, Urban Outfitters shares traded at $14.81, up 1.7%.
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Patch.com
The nation's oldest clothier, which has a corporate site in Enfield, has announced plans to aid health care workers with critical supplies. By Tim Jensen, Patch Staff. Mar 31, 2020 10:28 am ET | Updated Mar 31, 2020 10:33 am ET ...
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Motley Fool
Amarin (NASDAQ:AMRN) shares were crashing on Tuesday, plunging 69.8% lower as of 9:55 a.m. The steep decline came after the U.S. District Court for the District of Nevada ruled in favor of generic-drug companies and invalidated Amarin's patent for ...
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The Ledger
Some Instacart and Amazon warehouse workers walked off the job demanding greater safeguards against the coronavirus, even as both companies are speed-hiring hundreds of thousands of new workers to handle a surge in delivery orders. This content is ...
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Fox Business
Divorce is complicated — especially when finances are involved. But when either (or both) parties have student loan debt to their names, it can be even more difficult (not to mention time-consuming) to sort out. Continue Reading Below. Unfortunately, it's an ...
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Reuters
DETROIT (Reuters) - General Motors (GM.N) told suppliers on Monday it is postponing work on at least half a dozen future models to conserve cash during the coronavirus pandemic and suggested it could delay the planned launch in late April of its highly ...
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TheStreet
Simon Property Group (SPG) - Get Report, the largest U.S. mall operator, will furlough 30% of its workforce to cut costs as the coronavirus has crippled major sectors of the world economy. The furloughs affect full- and part-time employees at its malls and ...
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Bloomberg
(Reuters) - U.S. auto parts company BorgWarner Inc (BWA.N) on Tuesday threatened to walk away from its $1.5 billion deal to buy Delphi Technologies (DLPH.N) after it drew down credit without seeking approval, sending shares of the UK-based company ...
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Bankrate.com
Multiple benchmark mortgage rates dropped today. The average for a 30-year fixed-rate mortgage dropped, but the average rate on a 15-year fixed were unchanged. On the variable-mortgage side, the average rate on 5/1 adjustable-rate mortgages were ...
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Richmond.com
Employees of the Richmond Times-Dispatch as well as at dozens of newspapers owned by its parent company, Lee Enterprises Inc., will be required to take two weeks of unpaid leave between now and the end of June. Davenport, Iowa-based Lee ...
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MarketWatch
Dollar Tree Inc. DLTR, +3.63% said Tuesday that it is withdrawing its fiscal first-quarter and full-year outlook as the discount retailer heads into peak Easter shopping season beneath a cloud of uncertainty. Shares tumbled 3.6% in Tuesday premarket trading.
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pymnts.com
T-Mobile, still planning to forge ahead with its merger with Sprint, has told a group of 16 banks to provide it with $23 billion in loans to finalize things. This would've been accomplished by selling the debt to private third-party investors, but the onset of the ...
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New York Business Journal
HUNT VALLEY, Md., March 31, 2020 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the first quarter ended February 29, 2020. Sales declined 2% in the first quarter from the ...
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KABC-TV
CLAREMONT, Calif. (KABC) -- Hand sanitizer is hard to come by these days, but Citrus Grove Distiller in Claremont is hoping to remedy that shortage. "The nice thing with making sanitizer is we don't have to worry about the flavor, so we can really push the ...
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WZZM13.com
LANSING, Mich. — Attorney General Dana Nessel reissued a consumer alert after another local heath department received reports of COVID-19 scams involving Medicare and Medicaid information. Scammers are calling local residents to offer medication ...
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CBC.ca
TC Energy has announced it is moving forward with construction of the Keystone XL pipeline, even as a legal suit by environmental and tribal groups seeking to stop the pipeline continues. The company said in a media release that it has 20-year ...
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Forbes
On March 27, 2020, President Trump signed into law "Phase Three" of the Congressional response to the COVID-19 health emergency. Entitled the "Coronavirus Aid, Relief, and Economic Security Act" (the CARES Act), the newest legislation is designed to ...
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Twin Cities Business Magazine
Duluth-based Essentia Health, the port city's largest employer, is putting 500 staffers on unpaid leave. The affected employees are all non-medical staff who are not directly involved in caring for patients. Essentia released a statement on Monday which ...
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WTOV Steubenville
Offices of unemployment are seeing unprecedented numbers nationwide since COVID-19 began to spread. With that being said there are two ways to apply -- website or phone. If you do not have access to internet, the only way you can apply is by calling ...
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9News.com KUSA
DENVER — Even as restaurants have to scale back operations or close their doors, they're still finding ways to give back. At Rioja in Larimer Square, it's far from business as usual, but Jen Jasinski is still in the kitchen. "At Rioja we're making chicken ...
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Autoblog (blog)
Up until about a month ago, social distancing wasn't part of the general American lexicon. Now, as more and more locales institute regulations to keep people apart, it seems like we hear about social distancing practices a few hundred times a day. And it's not ...
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Economic Times
The government today announced a steep cut in the interest rates on small savings schemes for the first quarter (April to June) of FY 2020-21. Interest rates on various small savings schemes have been cut by between 70 basis points and 140 basis points ...
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Spectrum News NY1
NEW YORK - The coronavirus is hitting the Metropolitan Transportation Authority fast and hard. With the six deaths announced Monday, eight transit workers have passed away in less than a week. LIVE UPDATES: Coronavirus in New York City · What We ...
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CNN
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business) After a dismal winter, China's economy is showing signs of life. But a recovery in Asia won't paper over ...
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FOX 13 Tampa Bay
TAMPA, Fla. - Publix is now allowing its employees to wear masks and gloves while working during the coronavirus pandemic. The supermarket chain announced the decision Monday to allow its workers to wear personal protective equipment while on the ...
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NewsWest9.com
MIDLAND, Texas — Editor's Note: The video above is from a previous report from March 23, 2020. School's out til (almost) Summer. Officials with the Midland Independent School District sent a letter to parents saying they will remain closed through May 1.
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Worcester Telegram
BRIMFIELD - Out of concern for the threat of spreading coronavirus, the Board of Selectmen have voted to cancel the May version of Brimfield Antiques Show & Flea Markets. On their webpage, www.brimfieldantiquefleamarket.com the organizers of the event ...
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