Monday, March 30, 2020

Google Alert - finance

Google
finance
As-it-happens update March 30, 2020
NEWS
Forbes
Currently, six factors are converging to make Roth IRA conversions more promising for more IRA owners than ever before. No Required Minimum Distributions (RMDs) For 2020. The $2 trillion dollar Coronavirus Aid, Relief, and Economic Security Act (CARES ...
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Reuters
(Reuters) - Royal Dutch Shell Plc pulled out of a major liquefied natural gas (LNG) export plant under development in Louisiana following the recent crash in oil and natural gas prices that has forced the company to make deep spending cuts. FILE PHOTO: ...
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Insurance Journal
The property/casualty industry estimates that business interruption losses from the coronavirus just for small businesses in the U.S. could be between $220-$383 billion per month — or a quarter to half of the total industry surplus available to pay all P/C claims.
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ABC News
A group of workers at an Amazon warehouse in New York City walked off the job and went on strike Monday afternoon, demanding the company shut down and thoroughly clean the sprawling facility after they say multiple employees there have tested positive ...
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Nasdaq
Two Wall Street analysts say that Occidental Petroleum may choose to pay more than $800 million in annual dividends in stock rather than in cash. That's not such a great deal for Warren Buffett's Berkshire Hathaway. Two analysts say that the embattled oil ...
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Reuters
MILAN (Reuters) - Italy's Exor (EXOR.MI) said on Monday it had agreed to pay $200 million for an 8.87% stake in U.S.-based shared mobility company Via Transportation, in what would be the first step by the Agnelli family's investment firm into the tech ...
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TheStreet
Zoom has seen daily users more than quadruple, JP Morgan analyst reports, while Microsoft says cloud usage has grown nearly 800%. J.P. Morgan cites third-party data showing a 340% increase in daily active users on Zoom since the end of December.
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Reuters
SINGAPORE (Reuters) - Supertanker freight rates are on the rise for a second time this month as producers, refiners and traders scramble to secure ships to transport crude or store a fast-growing global glut of oil, industry sources said. FILE PHOTO: An oil ...
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Forbes
By Jim Krane and Mark Finley. As the US oil industry reels under sub-$30 crude prices, a curious notion has emerged in the Trump administration and among Republicans in oil-producing states: the United States should partner with Saudi Arabia in a joint "oil ...
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Houston Chronicle
Anxiety and uncertainty are spreading rapidly among business leaders as the coronavirus lashes the broader economy. Some 92% of executives in the oil patch say the U.S. effort to stop the COVID-19 illness has made them more uncertain about the future, ...
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Nasdaq
(RTTNews) - The U.S. Food and Drug Administration has approved Abbott's diagnostic test for coronavirus. Abbott received emergency use authorization from the FDA for its test for the detection of COVID-19, which delivers fast positive results in as little as ...
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Los Angeles Times
Instacart grocery shopping and delivery workers are striking Monday to call for better pay and sick leave benefits based on their increased exposure to the coronavirus. The Instacart workers are in high demand as more people stay home to avoid catching or ...
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Washington Post
Newspaper giant Gannett will furlough employees over the next three months to cut costs during the economic slowdown caused by the novel coronavirus, according to a memo distributed to employees Monday. Certain employees paid more than $38,000 a ...
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Motley Fool
Shares of Alliance Resource Partners (NASDAQ:ARLP) fell nearly 14% today after the company outlined steps it has taken or will take to position itself in the current environment. Energy demand and prices have cratered in response to the coronavirus ...
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Nasdaq
By Svea Herbst-Bayliss. March 30 (Reuters) - Standard General, the hedge fund battling for board seats at Tegna Inc TGNA.N, said on Monday it withdrew one of its five director nominees after discovering a "contractual restriction" on him serving on the U.S ...
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Forbes
(Updated 1:50 p.m. ET, March 30, 2020). Topline: The coronavirus outbreak could cost 47 million jobs next quarter, according to estimates by economists at the Federal Reserve Bank of St. Louis. 47 million lost jobs translates to an unemployment rate of ...
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Houston Chronicle
Saudi Aramco, the world's largest oil producer, is weighing the sale of a stake in its pipeline unit to raise money amid a slump in crude prices, according to people familiar with the matter. Aramco may need to raise cash this year as it confronts a historic rout in ...
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Investopedia
The S&P 500 index has been battered and bruised in the past six weeks, dropping nearly 35% before bouncing on March 24, but not all components have suffered equally. A handful of mavericks are bucking the downward tide, selling products and services ...
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Pittsburgh Post-Gazette
Each of us has a story. This one made our website. To suggest someone for the US column, which runs every Monday, email uscolumn@post-gazette.com. At our house, I was a momentary hero. Back in mid-February — before the local COVID-19 crisis got ...
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Nickerson News
REALESTATE 1995 words. With hand sanitizer and elbow bumps, real estate agents are still selling during pandemic. (c) 2020, The Washington Post · Kathy Orton · BUSINESS, PERSONAL-FINANCE · Mar 30, 2020 - 12:39 PM. Rob Wittman is astonished that ...
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CNBC
The oil market is facing a "double crisis" with a collapse in the OPEC+ alliance affecting supply and the slowdown in the world economy crushing demand, oil guru Dan Yergin said this week. "Cars not on the road, airplanes not in the air, factories not working, ...
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Business Recorder
(Reuters) - Harley-Davidson Inc said on Monday it would hand one board seat to Impala Asset Management in a settlement just days after the investor began pressing to replace two directors at America's oldest and best-known motorcycle maker. An Impala ...
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Nasdaq
Dollar General (NYSE: DG) is offering a 10% discount to healthcare workers, first responders and National Guardsmen at all of its approximately 16,300 locations in the U.S. The discount is available starting today and continuing through April 30. Qualifying ...
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TechCrunch
While the origins of its coronavirus testing program were muddled by President Trump's misleading announcements attributing its efforts to Google and inflating its scale, Alphabet's Verily health sciences subsidiary has established and grown its ...
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fox6now.com
MENOMONEE FALLS — Kohl's officials on Monday, March 30 announced the extension of the temporary closure of stores nationwide to help stop the spread of the coronavirus. Due to the significant impact to the business, Kohl's is taking additional actions to ...
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New York Post
Johnson & Johnson said on Monday that it and the US government will invest $1 billion to create enough manufacturing capacity to make more than 1 billion doses of a vaccine it is testing to stop the new coronavirus that has killed more than 35,000 people ...
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MSPoweruser
With much of the country cooped up inside by government order or by choice, GameStop says it is one of the beneficiaries of the strange, risky new world created by the spread of COVID-19. "As millions of consumers adapt to remote work, play, and learning, ...
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New York Post
Weather forecasts may become less accurate due to the coronavirus pandemic, according to scientists. That's because forecasters rely on delicate instruments strapped onto commercial aircraft – scores of which have been grounded by the global outbreak.
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Successful Farming
Keith Dittrich still remembers when the ethanol plant opened outside of Neligh, Nebraska. They called the corn-based gasoline alcohol back in 1980, and according to advertisements, it was "the fuel of the future." He wanted to believe them. Just two years ...
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Bay News 9
TAMPA, Fla. — Not all heroes wear capes. Right now, they're wearing scrubs, but even heroes sometimes need proper tools to save the day. USF Health is stepping up to fill that need for health care workers on the front lines in the fight against COVID-19 and ...
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NBC New York
The U.S. now has more than 143,000 infections and 2,500 deaths, according to Johns Hopkins University. By Jocelyn Noveck, Larry Neumeister and Marina Villeneuve • Published March 30, 2020 • Updated 1 min ago. Pause. 1:01. Trump Announces Social ...
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Investopedia
Casino stocks face a lethal challenge during the coronavirus pandemic, with Las Vegas, Macao, Atlantic City, and other major venues around the world closing down operations. Even the Indian Nations are getting hit hard, offering no alternative to big city or ...
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masslive.com
AGAWAM - Six Flags New England will delay its planned April 10 season opener until mid-May as the COVID-19 pandemic persists. And, that new time frame seems very tentative -- qualified in a statement from the company by the phrase "or as soon as ...
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The News Journal
We are providing this content free as a public service to readers during the coronavirus outbreak. Please support the work we're doing by subscribing to Delaware Online. Grocery store shopping these days can be a nerve-wracking experience if you're elderly ...
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mlive.com
Michigan gas prices are as low as they've been in nearly 1500 days. AAA Michigan reports gas prices dropped 13 cents compared to a week ago, meaning Michigan drivers are now paying an average of $1.73 per gallon for regular unleaded. It's the lowest ...
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WSET
ROANOKE, Va. (WSET) -- Kroger has more than 1,500 immediate job openings to help keep up with demands. According to a press release from Kroger, the mid-Atlantic division has hired more than 500 associates to help keep up with current demands, ...
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New York Post
Brooks Brothers is sewing hope in the coronavirus fight. Instead of churning out preppy staples like seersucker suits and woven-silk ties, America's oldest retailer is now making masks and gowns for health care workers, as shortages of personal protective ...
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Autoblog
PARIS, March 30 (Reuters) - The Paris Motor show scheduled for late September/early October has been cancelled "in its current format" due to the "economic shock wave" triggered by the coronavirus pandemic, the event's organisers said on Monday.
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Palm Beach Post
Florida Power & Light wants regulators' permission to cut the tab for 1,000 kilowatt hours of electricity from $96 to $74. The discount would come in the form of a one-time decrease in May. *. TO OUR READERS: This content is being provided for free as a ...
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Palm Beach Post
A Publix spokeswoman said the store has completed a "disinfection-level deep cleaning in accordance with guidance from the Centers for Disease Control and Prevention in addition to our daily cleaning and sanitation protocols." *. TO OUR READERS: This ...
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10TV
GROVEPORT, Ohio - An employee at the Amazon fulfillment center in Groveport has tested positive for COVID-19, according to the company. Amazon said it let employees at the site know of the confirmed case. In a statement, the company said, "We are ...
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WOODTV.com
GRAND RAPIDS, Mich. (WOOD) — Businesses in West Michigan that are facing financial hardship due to impacts of COVID-19 may be eligible for grant money. The Right Place, in collaboration with the Michigan Economic Development Corporation and ...
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Crain's Detroit Business
La-Z-Boy Inc. is temporarily closing its U.S. manufacturing facilities, 155 stores as well as distribution centers, slashing salaries and laying off about 70 percent of its global workforce as the coronavirus outbreak affects operations, it announced Sunday.
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WTHR
INDIANAPOLIS (WTHR) — You may have noticed your pantry — or freezer for those who prefer Thin Mints at their best — is lacking a certain dessert around this time of year. Girl Scouts have not been able to go door-to-door or hold cookie booths during the ...
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WNEM Saginaw
As a response to COVID-19, Nestle Waters of North America is increasing its donation of bottled water to the city of Flint. The donation is specifically for home delivery to those who are most vulnerable to the deadly virus, the city of Flint said in a press release ...
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Nikkei Asian Review
TAIPEI -- Key iPhone supplier Foxconn on Monday reported a third consecutive year of lower profits as the smartphone industry continues to slow. Net income at Foxconn, formally traded as Hon Hai Precision Industry, fell 10% to 115.3 billion New Taiwan ...
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Yahoo Finance
DALLAS, March 30, 2020 /PRNewswire/ -- Using technology to stay in touch with friends, family and colleagues has never been more important. That's why starting April 2 through May 13 we're giving AT&T* mobility consumers and small businesses more ...
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One Mile at a Time
US airlines have just gotten $50 billion in government aid, and now they're already looking for ways to skirt the terms that they agreed to… "Ladies and gentlemen, welcome aboard this American Airlines flight, operated in conjunction with our codeshare ...
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Al-Bawaba
This COVID-19 pandemic and the resultant shutdowns and global panic offer us an opportunity to throw away the box in which we have imprisoned our minds for too long as a people; as it pertains to our economics that is. Why have all the indices come up ...
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