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WeWork sells off social network Meetup to AlleyCorp and other investors Meetup, the social networking platform designed to connect people in person, is being spun out from shared office space provider WeWork, the company confirmed on Monday. The site is being sold to AlleyCorp and other private investors for an undisclosed ...
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Shell drops out of major US LNG project, Energy Transfer delays decision (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, in a move that resulted in its partner, Energy Transfer LP, delaying their ...
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A barrel of oil is now cheaper than a pint of beer in Canada A pint of good beer up in Canada will probably cost you about $5 bucks. You can now get a barrel of oil for less than that. The price of Western Canada Select (WCS) is being quoted at $4.18 per barrel, making it cheaper than beer. WCS is a much heavier ...
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Amazon warehouse workers walk out in rising tide of COVID-19 protests Workers at Amazon's Staten Island, New York, fulfillment center walked out today to protest the company's response to COVID-19 infections among its warehouse employees. Amazon has confirmed one case of COVID-19 at the New York facility, but workers ...
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Standard General Withdraws Nominee to Tegna Board (Reuters) - Standard General, the hedge fund battling for board seats at Tegna Inc, said on Monday it withdrew one of its five director nominees after discovering a "contractual restriction" on him serving on the U.S regional TV station operator's board.
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GE workers plan to protest at company's headquarters, aviation factory after coronavirus layoffs The union representing General Electric employees is demanding the company use its full manufacturing resources to increase its ventilator output and help fill shortages caused by the coronavirus pandemic. The members of the Industrial Division of ...
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Larry Fink says economy will recover from coronavirus, 'tremendous opportunities' in markets Larry Fink, CEO of the world's biggest asset manager BlackRock, told shareholders that the economy will recover from the coronavirus pandemic, and when it does, there will be "tremendous opportunities" to be had. "In my 44 years in finance, I have never ...
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Virgin Orbit Jumps into Ventilator Production Virgin Orbit, a business in Richard Branson's Virgin Group, has announced it is joining the global fight against the COVID-19 pandemic. In consultation with Bridge Ventilator Consortium (BVC), the space access company said it has developed a "bridge" ...
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Texas business activity falls off the coronavirus cliff (Reuters) - Business conditions in Texas, the second-biggest U.S. state by economic output, deteriorated precipitously this month as the coronavirus pandemic slowed both supply and demand for a wide range of industries, surveys conducted by the Dallas ...
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Cronos Group Reports 2019 Fourth Quarter and Full-Year Results Completed Audit Committee Review and Restated Certain 2019 Unaudited Interim Financial Statements. Expanded Canadian distribution to new provinces and product categories across the adult-use market. Established Cronos Fermentation, a critical step ...
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Oil ETF Seen as 'Tourist Trap' With Crude Prices in the $20s If they're not careful, investors pouring cash into the biggest exchange-traded fund tracking crude prices are going to get burned. Savvy investors typically use the United States Oil Fund to make bets on short-term price reversals, buying dips and selling rallies ...
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Nasal swabs are being 3D-printed amid coronavirus outbreak 3D-printing is being used to quickly produce in-demand items to help tackle the coronavirus pandemic, including nasal swabs. Northwell Health, for example, has started 3D-printing nasal swabs to be used within the health system and across the US to test for ...
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Comcast's Network Absorbs Increased Traffic as People Work and Play From Home Comcast said its network is performing well with no slowdowns, despite additional traffic as a large number of Americans work from home in response to the coronavirus pandemic. Tony Werner, Comcast's president of Technology, Product and Xperience, ...
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Kohl's to furlough many store associates, CEO takes no salary Kohl's Corp. will furlough some its staff until further notice, and its chief executive officer will not take a salary as part of the retailer's response to the novel coronavirus crisis. The Menomonee Falls-based department store chain previously announced its ...
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US and J&J commit $1b to coronavirus vaccine codeveloped by Beth Israel Clinical trials are set to start by September, and if all goes well, it could be ready for emergency use early next year. By Jonathan Saltzman Globe Staff,Updated March 30, 2020, in 17 hours. "We need multiple vaccine programs to move forward because we ...
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Girl Scout Cookies move to online orders amid coronavirus pandemic Thin Mint cookies, anyone? After Girl Scouts of the USA suspended door-to-door sales and cookie booths because of the spread of COVID-19, the organization is taking the cookie season online. Girl Scouts announced Friday that you can buy Tagalongs, ...
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Taco Bell plans to give back to Americans with a free taco on Tuesday IRVINE, Cal. (WIFR) -- Mark King, CEO of Taco Bell Corp., announced in a letter that on Tuesday, Taco Bell drive-thru customers across the country will receive a free seasoned beef Nacho Cheese Doritos Locos Tacos, no purchase necessary, ...
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Gold Sees Best Week in 11 Years: 5 ETF & Stock Winners The coronavirus outbreak has been playing foul on Wall Street over the past month, sending broad indices into a tailspin, thus raising the appeal for gold, which is considered a great store of value and hedge against market turmoil. Notably, gold price jumped ...
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Why Cruise Line Stocks Plunged Again on Monday Shares of cruise line stocks had another rough day on Monday as the market worried they may not come out of the COVID-19 crisis. Carnival Corp (NYSE:CCL) fell as much as 18.7% in early trading and is down 10.9% at 2:30 p.m. EDT. Royal Caribbean ...
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Williams-Sonoma, Pottery Barn unit made unsubstantiated 'made in America' claims: FTC WASHINGTON (Reuters) - Luxury kitchenware company Williams-Sonoma Inc (WSM.N) and its Pottery Barn unit have agreed to stop making unsubstantiated "made in America" claims and to pay $1 million, the Federal Trade Commission said on Monday.
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Via raises $200 million to optimize ride-sharing routes with AI Transportation startup Via today announced that it has raised $200 million in series E financing, bringing its total raised to over $500 million at a $2.25 billion valuation — more than double its $1 billion valuation in 2017. According to cofounders Oren Shoval ...
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Six Flags Extends Its Park Shutdown Until the Middle of May Texas-based amusement park company Six Flags Entertainment (NYSE:SIX) said today that their entire lineup of waterparks and theme parks will remain closed at least through the middle of May, complying with government efforts to stem the tide of the ...
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Shaq ripped over missing Papa John's board meetings, firm calls for ouster A major proxy firm is calling for Papa John's shareholders to remove NBA superstar Shaquille O'Neal from the pizza company's board of directors due to a poor attendance record at meetings in 2019. Continue Reading Below. The firm, Institutional ...
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How to File for Unemployment in Connecticut Nearly 100,000 new claims for unemployment insurance had been filed in Connecticut between March 13 through March 20. Though new figures for late March have yet to be released, officials with the Connecticut Department of Labor said the number of ...
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Dollar General offers 10% discount to medical personnel, first responders, Guardsmen 'for brave work' GOODLETTSVILLE, Tenn. – Dollar General is providing all medical personnel, first responders and activated National Guardsmen with a 10% discount on qualifying purchases starting Monday, March 30, officials announced in a press release. Individuals can ...
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Kroger Mid-Atlantic has more than 1,5K immediate openings CHARLOTTESVILLE, Va. (WVIR) - Kroger is looking to hire over 1,500 employees in its Mid-Atlantic region, which includes stores in Virginia. The grocery store chain says it already filled more than 500 positions to keep up with demand during the coronavirus ...
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Gas prices sink 'like a rock' as people stay home because of coronavirus Gas prices are sinking "like a rock." According to GasBuddy.com, the national average gas price has fallen 10 cents in just a week down to $1.97 a gallon. AAA today is reporting the national average is $2.01 a gallon. "Today, we enter the 38th straight day the ...
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Amazon employees at Ruskin facility express concerns after coworker contracts COVID-19 RUSKIN, Fla — After an Amazon worker in the Ruskin facility tested positive for COVID-19, other employees concerned about exposure and working conditions echo growing anxieties Amazon workers have across the nation. Although Amazon said in an ...
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Major airlines urge US Treasury to disburse assistance quickly WASHINGTON (Reuters) - 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. FILE PHOTO: Airplanes are seen parked through a rain ...
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USPS employee at processing distribution center in Cleveland tests positive for COVID-19 CLEVELAND (WJW) — The U.S. Postal Service confirmed that one of its employees at the Cleveland Processing Distribution Center recently tested positive for COVID-19. "The safety and well-being of our employees is one of our highest priorities. To ensure ...
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Restaurant Worker Relief Center moves from Big Star to West Town Bakery The Fifty-50 Restaurant Group is taking over the Restaurant Workers Relief Center. The center, which operated out of Big Star in Wicker Park, will instead operate out of West Town Bakery & Diner (1916 W. Chicago Ave.), beginning Tuesday.
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Best Stocks for 2020: China's Rebound Will Boost Luckin Coffee Stock Editor's note: This column is part of our Best Stocks for 2020 contest. Larry Ramer's pick for the contest is Luckin Coffee (NASDAQ:LK). China's Rebound Will Boost LK Stock. With stocks entering a bear market this year amid the outbreak of the coronavirus ...
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Do Options Traders Know Something About Norwegian Cruise (NCLH) Stock We Don't? Investors in Norwegian Cruise Line Holdings Ltd. NCLH need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 17, 2020 $10.00 Put had some of the highest implied volatility of all equity options today.
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Amazon offering free computer science courses online Amazon Engineer is offering free access to computer science courses while students are locked out of school due to the COVID-19 pandemic. The sponsored course are for independent learners grades 6-12, and teachers who are remotely teaching this age ...
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Ann Arbor business being investigated for price-gouging ANN ARBOR, Mich. (WLNS) – An Ann Arbor-based business is being investigated by the Attorney General's office for possible price-gouging. Washtenaw County Circuit Court approved the Attorney General's request for investigative subpoenas requiring A.M. ...
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Kroger's Atlanta Division installs protective shields at registers ATLANTA, Ga. (WTVM) - Kroger's Atlanta Division is installing new plexiglass shields at registers to help protect employees from the spread of coronavirus. Kroger's Atlanta Division includes all of Georgia, Eastern Alabama and South Carolina. Kroger is also ...
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Lockdown set to stymie Fiat attempt to restart some Italian production MILAN (Reuters) - A probable extension of Italy's lockdown could frustrate an attempt by Fiat Chrysler to resume some vehicle production at three Italian plants next week, a union representative said on Monday. Italy has banned travel within the country and ...
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Ares Management Corporation and Sumitomo Mitsui Banking Corporation Announce Strategic Agreement and Equity ... LOS ANGELES & TOKYO--(BUSINESS WIRE)--Mar 30, 2020--. Ares Management Corporation ("Ares") (NYSE: ARES), Sumitomo Mitsui Financial Group, Inc. and Sumitomo Mitsui Banking Corporation (hereinafter referred as "SMBC," together, the two are ...
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Boston-Area Cities, Towns, and Restaurants Are Moving Away From Takeout Service With federal social distancing guidelines extended through the end of April, it seems inevitable that Massachusetts' current ban on dine-in restaurant service will also be extended past its current end date of April 6. Gov. Charlie Baker hasn't made an ...
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HEB president talks toilet paper shortage, reassures customers there will be enough SAN ANTONIO — H-E-B President Craig Boyan posted a video over the weekend to address the surge and demand in paper products and groceries. "Of course, product availability and out-of-stocks is on everyone's mind," said Boyan in the video. Particularly ...
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How to make bagels at home with this easy recipe If there's one thing self-isolation has shown us, it's that we're a baking nation. It makes sense; baking is not only a relaxing exercise that has shown to improve our mental health, but it also keeps us busy as we struggle with the boredom of being stuck indoors ...
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South Florida Coronavirus Update: Hialeah Enacts Nightly Curfew MIAMI (CBSMiami) – Hialeah is the latest city to announce a nightly curfew in the wake of the coronavirus pandemic. Effective immediately, the curfew is in affect from 11 p.m. to 5 a.m. until further notice. Exceptions to the curfew are: · Resident travel to and ...
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Student loan repayments put on hold across Canada The National Student Loan Services Centre is doing what it can to help current and former students, financially, during the COVID-19 pandemic. 0. about 14 hours ago By: Mike Vlasveld. money. Stock image. All post-secondary students, both current and ...
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Waitr taking steps to safeguard restaurant partners, drivers, customers SOUTHEAST TEXAS — From Waitr - Waitr, a leader in on-demand food ordering and delivery, has announced its latest efforts to help protect and support its restaurant partners, customers and employees during this coronavirus (COVID-19) outbreak.
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How to get help during the coronavirus pandemic in Pittsburgh It's hard to overstate the impacts of the novel coronavirus on American life. Lots of people are hurting. Lots of people need help. But it's often hard to know just where to find that help — or even what's available. So, after listing ways you can help others during ...
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Federal agencies warned of ventilator shortages for nearly two decades Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. The overwhelming number of coronavirus patients flooding hospitals across the U.S. has resulted in a shortage of ventilators for those experiencing difficulty breathing ...
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