Companies focused on health products and life sciences are rolling out tests that can quickly detect the new coronavirus outside of laboratory settings, as officials and labs around the country race to scale up testing. Starting this week, Abbott Laboratories ...
Americans carry an average credit card balance of $6,194, and with the coronavirus pandemic triggering financial unrest around the world, that average could very well go up in the next few months. As you reevaluate your 2020 finances, however, it's good to ...
Tech start-ups worldwide are cutting jobs as the coronavirus pandemic undermines their ability to make money. To make matters worse for staff, they are not being told face to face. Electric scooter-maker Bird axed about 400 posts on Friday, about 30% of its ...
SEC Chairman Jay Clayton said Monday that the practice of short selling is needed to "facilitate ordinary market trading." "We shouldn't be banning short selling," Clayton told CNBC's "Squawk Box." However, he said the SEC did replace the old uptick rule ...
HEXO (NYSE:HEXO) announced its fiscal 2020 second-quarter results before the market opened on Monday. And those results weren't what investors had hoped for, as evidenced by the stock's double-digit-percentage plunge in early trading during the day.
U.S. oil dropped more than 7% to trade around an 18-year low on Monday as demand continues to evaporate, and as Saudi Arabia and other OPEC+ nations prepare to ramp up production. With much of the world in lockdown as the coronavirus pandemic ...
The coronavirus pandemic has become a global health crisis, affecting people in dozens of countries around the world. It's also had massive economic impacts, and many see the effects of the coronavirus lingering on for months or even years. With some of ...
Walt Disney Co. Executive Chairman Bob Iger will forgo his salary starting in April as the company deals with the financial impact of the coronavirus crisis that has shuttered theme parks and film productions. Disney Chief Executive Bob Chapek said on ...
After two weeks of extreme highs and crushing lows, major U.S. stock indexes were on an upswing Monday, but analysts cautioned against reading too much into the reprieve. The week ahead will be anything but smooth. "It's hardly been a calm market," said ...
Pressure is building on Amazon and other delivery firms to improve protections for workers worried about getting infected with coronavirus. Some US workers at Amazon and US food delivery firm Instacart are threatening strikes, and have accused the firms of ...
University of Alabama at Birmingham researchers will collaborate with a Maryland-based biopharmaceutical company developing a potential COVID-19 vaccine by testing its effectiveness in mice. The company, Altimmune, is developing a nasal spray vaccine ...
Millions of Americans already have lost their jobs due to the coronavirus crisis — and the worst of the damage is yet to come, according to a Federal Reserve estimate. Economists at the Fed's St. Louis district project total employment reductions of 47 million, ...
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. Major companies across the country are citing "force majeure" clauses or simply waving the white flag in attempts to temporarily suspend or ...
Regulators are pushing insurers to expand coverage under personal-car policies to also cover certain commercial activity. Facebook; Twitter; Print; Email. By Leslie ScismThe Wall Street Journal. close. "Bar Rescue" host Jon Taffer discusses how restaurants ...
On Monday, Yum! Brands (NYSE: YUM) announced new efforts aimed at supporting its employees during the COVID-19 containment efforts now gripping the U.S. economy. The restaurant chain, which operates the Taco Bell, KFC, Pizza Hut, and The Habit ...
San Francisco (CNN Business) What if every window in your house could generate electricity? One Redwood City, California-based startup thinks its technology can achieve that by transforming the way solar power is collected and harnessed. Ubiquitous ...
The Fed's intervention in the bond market is threatening mortgage bankers' ability to operate, according to an industry group. Bram Berkowitz. (TMFBram). Mar 30, 2020 at 10:31AM. Recent intervention by the Federal Reserve is now triggering a wave of ...
Shares of Redfin Corp. RDFN, -2.30% slumped 5% in morning trading Monday, after the real estate brokerage services company announced a $110 million equity investment by Durable Capital Partners L.P. at a discount. The investment includes selling $70 ...
COLUMBUS, Ohio, March 30, 2020 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today provided an additional business update on the impact of escalating developments related to COVID-19. Although the company has recently experienced demand volatility, ...
The mobile quiz app HQ Trivia returned Sunday night thanks to an anonymous investor who provided the funding it needed to resume operations, the show's host said during the live program. A push notification alerted people with the app on their devices ...
HONG KONG, March 30, 2020 /PRNewswire/ -- Meituan Dianping (HKG: 3690) (the "Company" or "Meituan"), China's leading e-commerce platform for services, today announced the audited consolidated results of the Company for the year ended December ...
The stock market opened cautiously higher on Monday but Johnson & Johnson (JNJ) - Get Report stormed out of the gate, rallying to a quick 6.5% gain on the day. Driving shares higher was a coronavirus-related announcement that the company has picked a ...
NEW YORK – Myriad Genetics said Monday that it has submitted a supplementary application to the Japanese Ministry of Health Labor and Welfare for use of its BRACAnalysis Diagnostic System as a companion diagnostic to identify patients with metastatic ...
McDonald's (NYSE: MCD) had been investing heavily in delivery well before the coronavirus temporarily changed how Americans live. That timing was fortuitous as the restaurant chain has the capacity to deliver to its customers who are forced to stay at home ...
Investors are abandoning short-term Treasury exchange-traded funds as a global cash crunch abates. Roughly $2.2 billion exited from BlackRock Inc.'s $22.4 billion iShares 1-3 Year Treasury Bond ETF, ticker SHY, on Friday in the biggest one-day outflow ...
Mercy Health-Cincinnati is seeking donations of personal protective equipment for local hospital workers – such as masks and latex gloves – at a time when such items are in short supply because of the nationwide outbreak of coronavirus.
MILAN (Reuters) - Exor (EXOR.MI), the holding company of Italy's Agnelli family, said on Monday it had agreed to invest $200 million to buy a 8.87% stake in U.S.-based shared mobility company Via Transportation, in what would be the firm's first step into the ...
SAN DIEGO (KLFY) — Taco Bell announced Sunday that it wants to give back to Americans amid the coronavirus pandemic with a free Doritos Locos Taco. Mark King, CEO of Taco Bell Corp., announced in a letter that on Tuesday, Taco Bell drive-thru guests ...
Gas prices fell below $2 per gallon in McHenry County as prices across the state and country continued to drop as the COVID-19 global pandemic brings daily life to a near standstill with less transportation and travel. As of Monday morning, the average price ...
BREVARD COUNTY, FLORIDA – Florida Power & Light Company today announced its plan to significantly lower bills for the second time this year and fast-track savings to customers amid the ongoing coronavirus (COVID-19) pandemic. Subject to Florida ...
In response to the novel coronavirus, COVID-19, the federal government has extended the tax filing deadline to July 15 for the 2019 tax year. Taxpayers can both wait to file and wait to pay their taxes until this later date instead of being required to submit their ...
Dollar General stores are offering a discount for medical personnel, first responders and National Guardsmen working on the frontlines of the coronavirus crisis as the number of cases continues to rise. Qualifying individuals can present their badge or I.D. at ...
In fall 2018, as International Paper Co. undertook a strategic options review of its Brazilian industrial packaging business, CEO Mark Sutton told MBJ the process "might not involve an outright sale." Flash forward two-and-a-half years, and, it did. On March 29 ...
It's referred to as the unofficial start to summer in Cincinnati, but Taste of Cincinnati is being postponed until Independence Day. The annual food festival, which usually takes place Memorial Day weekend, is rescheduled for July 3-5, 2020. "The postponement ...
WASHINGTON — Major U.S. airlines asked the U.S. Treasury to move quickly to release up to $58 billion in government grants and loans and recommended a formula to divide up the money. In a letter dated Saturday and seen by Reuters, carriers wrote that ...
You can't dine or or drink inside your favorite restaurant or bar during the ongoing coronavirus outbreak, but you can find plenty of places offering take-out, delivery or both. But that's a constantly evolving and changing list: Some restaurants tried it and gave ...
By Dave Sebastian. Factory activity in Texas suddenly contracted in March, with executives' outlook on business conditions worsening as the coronavirus outbreak intensifies in the U.S., according to a new report about the state's industrial sector from the ...
LAS VEGAS—Gaming and Leisure Properties is acquiring Penn National Gaming's Tropicana Las Vegas hotel and casino and the land for Penn National's Morgantown, Pa., development in a sale leaseback deal for $337.5 million in rent payments. The lease ...
Canada's Inter Pipeline Ltd on Monday cut its monthly dividend by 72 per cent and halted the planned sale of its European bulk liquid storage business, the latest hit to the energy patch caused by plummeting oil prices and the coronavirus pandemic.
The oil market is in free fall, with one benchmark price hovering around $20 a barrel, and the national average price of gas dipping below $2 a gallon — a 16-year low. Daniel Yergin, vice chairman of IHS Markit, told CNBC on Monday that April could see an ...
CINCINNATI (FOX19) - The Girl Scouts of Kentucky's Wilderness Road is asking for local businesses to buy their nearly 50,000 surplus boxes of cookies amid the coronavirus pandemic. Because GSKWR Girl Scouts must sell cookies door-to-door and at ...
GameStop is making headlines once again, this time for its treatment of employees during the coronavirus epidemic. Electronics stores are considered nonessential in Pennsylvania, and GameStop has said it has closed all of its stores in the state to comply ...
The developer for Midtown Sacramento project 17 Central said vertical construction is still scheduled to happen in upcoming months, despite the COVID-19 pandemic. Dennis McCoy | Sacramento Business Journal. By Ben van der Meer – Staff Writer ...
AUSTIN, Texas (CBS) — Whole Foods has issued an allergy alert for its vodka sauce because of an undeclared allergen. The sauce sold at supermarkets in Massachusetts and New Hampshire contains milk but was incorrectly labeled. "Consumers who have ...
As a cohort, those of us making a run at 60 ― and those a few years past it ― have had it all too good compared with our parents and grandparents. We didn't grow up with the privations of the Great Depression and the shared sacrifices of World War II.
According to a 2018 study of telecommuting trends, around 5 million Americans (3.6 percent of the country's workforce) were working remotely at least half of the time for their jobs. Thanks to the novel coronavirus, that number has skyrocketed, at least ...
The U.S. Food and Drug Administration has been providing unprecedented flexibility to labs and manufacturers to develop and offer COVID-19 tests across the U.S. The FDA's regulations have not hindered or been a roadblock to the rollout of tests during this ...
Waste Management has notified residents of Woodstock, Waleska and other cities that it is dialing back non-essential services in response to the COVID-19 pandemic. The company said it has significantly reduced its field work force and is concentrating on ...
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