Monday, March 30, 2020

Google Alert - finance

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finance
As-it-happens update March 31, 2020
NEWS
Reuters
BEIJING (Reuters) - Factory activity in China unexpectedly expanded in March from a collapse the month before, but analysts caution that a durable near-term recovery is far from assured as the global coronavirus crisis knocks foreign demand and threatens a ...
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Reuters
LONDON/NEW YORK (Reuters) - Physical crude prices slumped worldwide on Monday, falling faster than comparable benchmark futures as merchants offered big discounts on shipments and the market braced for a flood of oil from Saudi Arabia and Russia.
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Reuters
SYDNEY/BENGALURU (Reuters) - Major global airlines projected layoffs, furloughs and capacity cuts over the next few months, with Air New Zealand on Tuesday warning it expected staffing levels to be 30% lower than it is now, due to the coronavirus ...
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Fox Business
WASHINGTON — Low-cost U.S. carrier Spirit Airlines Inc said on Monday it will cancel all flights to and from New York, Connecticut and New Jersey after U.S. officials warned against travel to the area because of the COVID-19 pandemic. Spirit, which ...
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Nasdaq
After huge selloffs over the past few days, the S&P 500, the Dow Jones and the Nasdaq rallied last week on the $2-trillion U.S. stimulus support and the Fed's announcement of corporate bond buying. The three key U.S. equity gauges gained 10.3%, 12.8% ...
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USA TODAY
Airbnb CEO Brian Chesky Monday apologized Monday to travel hosts upset by the company's cancellation refund policy and laid out four areas of relief, including $250 million to offset refunds to help with the financial burden. "I'm sorry we didn't consult with ...
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pymnts.com
After closing its stores earlier this month because of the coronavirus pandemic, luxury fashion retailer Neiman Marcus will now have to furlough some of its workers until further notice, according to Bloomberg. The company said the stores will stay closed at ...
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Pittsburgh Post-Gazette
About 500 coal miners were told not to report to Consol Energy's Bailey Mine on Monday after two workers tested positive for COVID-19, the disease caused by the new coronavirus. The Bailey Mine is one-third of a massive underground complex, "several ...
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The Business Times
(Reuters) - Visa Inc said on Monday its transaction volumes had been hit as the coronavirus pandemic wreaks havoc on consumer spending, leading it to forecast mid-single-digit percentage revenue growth for the second quarter. "As countries have imposed ...
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Detroit Free Press
Temporary pay cuts are planned for Fiat Chrysler Automobiles executives, and the company's salaried employees will have part of their pay deferred as FCA tries to navigate the effects of the coronavirus pandemic. In an email sent to employees Monday, CEO ...
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Bloomberg
Two of the biggest drillers in America's largest oil-producing state have asked Texas regulators to consider a cut to crude output after a historic price crash. Pioneer Natural Resources Co. and Parsley Energy Inc. asked the three-member Texas Railroad ...
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Reuters
CHICAGO (Reuters) - American Airlines Holdings Inc (AAL.O) intends to apply for up to $12 billion in government aid, ensuring no involuntary layoffs or pay cuts in the next six months, executives said in a memo to employees on Monday. FILE PHOTO: An ...
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lehighvalleylive.com
Two employees at Amazon's Palmer Township fulfillment center have tested positive for the coronavirus, but the Van Buren Road facility remains open. Amazon confirmed the positive tests Monday evening and said they've notified all employees at the site ...
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TwinCities.com-Pioneer Press
Girl Scouts with cookie inventory to sell and nowhere to sell it are offering an option that can do the most good during the coronavirus crisis. The River Valleys Council, which serves 28,000 girls in southern Minnesota and western Wisconsin, is offering ...
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FiercePharma
Only months ago, hopes for Amarin, the maker of fish-oil derivative Vascepa, were sky-high after the FDA expanded the drug's label to include heart-helping language with blockbuster potential. But those hopes have come crashing down after a judge ...
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Financial Planning
Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about. Taking on clients' retirement, emotions amid coronavirus-driven crisis. Seniors who are worried about retiring amidst the coronavirus-driven crisis can still ...
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Investor's Business Daily
Canadian cannabis producer Cronos Group (CRON) reported an unexpected fourth-quarter per-share profit, while sales missed some estimates, and falling weed prices forced the company to take a $22 million write-down. Cronos Group stock slipped, while ...
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Bisnow
Before the coronavirus hit the U.S., foreign investors were bullish on the country's commercial real estate sector, a new survey from the Association of Foreign Investors in Real Estate found. The international organization that represents institutional real estate ...
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The Hill
Former Federal Reserve Chairwoman Janet Yellen · Janet Louise YellenOn The Money: Stocks plummet into correction over fears of coronavirus spreading | GOP resistance to Fed pick Shelton eases | Sanders offers bill to limit tax breaks for retiring ...
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Fox Business
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. Clothing chain Gap will furlough the majority of its store employees in the United States and Canada as the coronavirus pandemic takes its ...
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KKTV 11 News
(KKTV) -- The Colorado Attorney General is warning about scams related to the Coronavirus relief checks. The Attorney General's office warns that if someone calls you and says they can get you the money right away, it's a scam. The government will not call ...
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KEZI TV
The Oregon Department of Energy said the gas station workforce has recently reduced by as much as 50% due to illness, childcare issues, and safety concerns according to the fuel industry. Posted: Mar 30, 2020 6:44 PM. Updated: Mar 30, 2020 6:44 PM.
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News 13 Orlando
STATEWIDE — Cybersecurity is a growing issue that even Florida Attorney General Ashley Moody is warning consumers about, especially amid the COVID-19 pandemic. Cybersecurity expert says scammers are seeking to exploit coronavirus crisis; He says ...
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New York Post
A new coronavirus testing device that can produce a result in five minutes will soon be available throughout the US, Food and Drug Administration Commissioner Dr. Stephen Hahn announced Monday. The test will be available in doctors' clinics, emergency ...
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Phoenix Business Journal
Honeywell International Inc. will open a new protective mask manufacturing facility in Phoenix, looking to hire up to 500 people to meet demand as the COVID-19 pandemic spreads throughout the U.S.. The plant will join a Rhode Island facility of the Charlotte, ...
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Austin Business Journal
The coronavirus pandemic has paralyzed much of Austin's commercial activity, but not all. Construction has continued at multiple sites, although the city of Austin wants non-essential construction to shut down. Arnold Wells / ABJ. By Daniel Salazar
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KSDK.com
ST. LOUIS COUNTY, Mo. — Eight employees at Annie Gunn's restaurant in Chesterfield have tested positive for coronavirus, the restaurant owners said. The restaurant has been closed since March 19, and the message from the owners said none of the ...
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Car and Driver
The scheduled dates are still months away, the Paris auto show's organizers have already canceled the biennial event. Instead we expect that, as was the case with the Geneva auto show, automakers will hold live streams announcing new vehicles and ...
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SpaceCoastDaily.com
BREVARD COUNTY, FLORIDA (FOX 35) — Carnival Cruise Line announced on Monday that as coronavirus continues to impact global health and commerce, they have extended their pause in operations until May 11. The original suspension was through ...
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KOIN.com
PORTLAND, Ore. (KOIN) — Rogue Spirits announced Monday it has turned its distillery in Newport into a hand sanitizer production facility. Rogue said its "Helping Hand Hand Sanitizer" is being donated to local emergency response and public safety officials ...
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Hiawatha World
Each of us can help stop the spread of COVID-19 disease by washing our hands regularly with soap and water for 20 seconds – especially after going to the bathroom, before eating, and after coughing, sneezing, or blowing your nose. If soap and water are ...
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