Tuesday, March 31, 2020

Google Alert - finance

Google
finance
As-it-happens update March 31, 2020
NEWS
Wall Street Journal
LONDON—European banks are shoring up capital by canceling or delaying dividend payments amid concern about their ability to absorb a potential rush of bad loans as households and companies are impacted by the coronavirus pandemic. Central banks ...
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Retirement planning involves employing strategies that once initiated, place you on an unchangeable path. In other words, once a course of action is begun there may be no turning back. The problem, of course, is that "life happens," and time and changing ...
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Motley Fool
2020 has been one of the worst years for oil that most people have experienced. Since oil prices peaked in early January, West Texas crude futures have fallen 70%, and are threatening to fall below $20 for the first time in almost two decades. We are one bad ...
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Bloomberg
The White House is pushing for innovation, but regulators can't keep up with Silicon Valley's speed. By. Kristen V Brown. More stories by Kristen V Brown. and. Emma Court. @emmarcourt More stories by Emma Court. March 31, 2020, 3:00 AM PDT. relates to ...
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USA TODAY
Employees at Whole Foods Market nationwide planned a work stoppage Tuesday, while a former employee at parent company Amazon considered legal action after his dismissal for participation in a labor walkout Monday. Workers for the supermarket chain, ...
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Bloomberg
Walmart Inc. will provide masks and gloves for its workers and take their temperature before shifts, the latest moves by the nation's biggest private employer to ensure the safety of its employees as unrest mounts among front-line food retail workers.
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Forbes
A quick look at the flight radar for the world's busiest single-runway airport would suggest that there is absolutely no traffic in or out of Gatwick airport. With news today that British Airways have followed Easyjet in grounding all of their Gatwick flights, very few ...
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Detroit Free Press
General Motors is working with the UAW to call in at least two dozen paid volunteers from its hourly workforce to make millions of face masks at its once-shuttered Warren Transmission plant. GM will start making the masks on Monday. By Wednesday, April 8, ...
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Transport Topics Online
WASHINGTON/CHICAGO — U.S. regional carriers asked the U.S. Treasury Department on Monday to prioritize assistance for them when awarding $25 billion in cash grants to help the struggling industry stay afloat, according to a letter seen by Reuters.
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Motley Fool
Ford Motor Company (NYSE:F) said that it is postponing its plan to restart production at a few of its factories in the U.S. and Mexico. Ford had been hoping to restart production of its Fusion and MKZ sedans in Mexico on April 6, and of several of its truck and ...
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TechCrunch
Palo Alto Networks announced today that it has an agreement in place to acquire CloudGenix for $420 million. CloudGenix delivers a software-defined wide area network (SD-WAN) that helps customers stay secure by setting policies to enforce compliance ...
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Bloomberg
Japanese banks are scooping up cheap dollar funding from the U.S. Federal Reserve to satisfy demands for the currency from corporate clients during the coronavirus outbreak, according to the new head of a bank industry group. Banks in Japan tapped the ...
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Bloomberg
The coronavirus pandemic is sparking enormous changes in e-commerce over a very short period of time, according to a study from Adobe Analytics. Average daily online sales for groceries, for example, doubled by the middle of March compared with the ...
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Investor's Business Daily
OPEC and Russia will abandon production quotas Wednesday, but Pioneer Natural Resources (PXD) and Parsley Energy (PE) are asking the state of Texas to impose output quotas after oil prices hit 18-year lows. X. Error loading player: No playable sources ...
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CNBC
GM is scheduled to begin manufacturing surgical masks this week at a manufacturing facility in Warren, Michigan. Preparations continue for the automaker to produce critical care ventilators at a components plant in Indiana. The automaker's efforts have ...
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TheStreet
McCormick & Co. (MKC) - Get Report on Tuesday reported first-quarter earnings that beat Wall Street's forecast, but the spice and condiment maker fell short on sales expectations as the result in China was rocked by the "extraordinary disruption" of the ...
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CNN
New York (CNN Business) Macy's is furloughing a majority of its 125,000 employees because of the ongoing coronavirus pandemic, which has sunk sales and forced it close to its stores. The company said Monday that the pandemic has taken a "heavy toll" ...
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mlive.com
THETFORD TOWNSHIP, MI -- A local dispensary moved up its date to begin home delivery amid the COVID-19 crisis. Freddie's, located at 10092 N Dort Highway, started home delivery Tuesday, March 31, for both medical and recreational marijuana products ...
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MarketWatch
CytoDyn Inc. CYDY, +90.51% said Tuesday the Food and Drug Administration has allowed the company's Phase 2 trial testing its experimental drug leronlimab in COVID-19 patients to move forward. Shares of the company are not yet moving in premarket ...
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TheStreet
Kohl's (KSS) - Get Report said it was extending its coronavirus-induced store closings indefinitely while also furloughing store and store distribution center associates. CEO Michelle Gass will forgo her salary during the closures as the company said it hoped to ...
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The Hill
At the very onset of the coronavirus pandemic, consumers flocked to grocery shelves and began buying out and hoarding weeks' worth of common household items, such as toilet paper and hand sanitizer, resulting in price gouging from various retailers.
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nj.com
Spirit Airlines is temporarily suspending service to and from Newark International Airport along with other airports in New York and Connecticut in response to a federal advisory warning against non-essential travel to the tri-state area because of the ...
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TheStreet
Global stocks edge higher after stronger-than-expected China data raises hopes of a robust coronavirus recovery. China sees sharp March rebound in economic activity, but analysts caution that recovery faces serious challenges. U.S. coronavirus deaths top ...
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WKBW-TV
WASHINGTON, March 31 (Reuters) - Southwest Airlines Co said Tuesday it will cut more than 40% of flights from May 3 through June 5 amid a sharp decline in travel demand from the coronavirus pandemic. The U.S. airline said will fly 2,000 flights a day, ...
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Los Angeles Times
Spring cruises, including popular voyages through Alaska's Inside Passage, seem to be off the table this year because of the coronavirus pandemic. Most lines decided to extend suspension of cruises by at least a month. Cruise lines are offering refunds or ...
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Baltimore Business Journal
Under Armour is switching from creating sportswear and spacesuits to making face masks, face shields and even specially equipped fanny packs as it looks to aid health care workers battling the spread of the novel coronavirus. The Baltimore-based company ...
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The Hill
Unemployment will shoot up to 15 percent during the second quarter of the year, while gross domestic product (GDP) will fall at an annualized rate of 34 percent as the coronavirus pandemic ripples through the U.S. economy, according to forecasts Goldman ...
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Boston News, Weather, Sports | WHDH 7News
BOSTON (WHDH) - The Federal Bureau of Investigation's Boston Division is warning people about teleconferencing and online classroom hijackings following two incidents with Massachusetts schools. A large number of people turned to ...
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Market Realist
The short interest in Tesla (NASDAQ:TSLA) stock has fallen sharply since October. The sharp rise in the stock price triggered a short squeeze. Bears lost billions of dollars as the stock rose to almost $1,000 earlier this year. Meanwhile, coronavirus fears ...
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Crain's New York Business
Neiman Marcus Group Inc., which closed all of its stores this month in response to the coronavirus pandemic, is extending the closures and will furlough a majority of its around 14,000 workers in the coming weeks. The luxury retailer's Neiman Marcus, ...
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Porterville Recorder
The California Association of Realtors announced over the week real estate has been established as an essential industry in the state. The U.S. Department of Homeland Security Cybersecurity and Infrastructure Security Agency, CISA, updated its list of ...
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CNN
(CNN) For those of us being responsible and self-distancing at home, there's a lot to miss about the world: restaurants, movie theaters ... and Girl Scout cookies. Crave no more. Girl Scout cookies are now available to buy online, the organization announced ...
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WPLG Local 10
MIAMI – In addition to recently installing plexiglass at cash registers and customer service counters in an effort to prevent the spread of the novel coronavirus, Publix announced Tuesday that it is now allowing employees the option to wear gloves and masks ...
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WZZM13.com
DEARBORN, Mich. — Michigan-based Carhartt said Tuesday, March 31 that it will start producing supplies for healthcare workers. "The company is announcing today that it's joining in the effort to supply the brave men and women working on the frontline with ...
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Atlanta Business Chronicle
based Xenia Hotels & Resorts Inc. (NYSE: XHR) said Tuesday that during the first quarter of 2020 it entered into an agreement to sell the 522-room Renaissance Atlanta Waverly Hotel & Convention Center for $155 million to an unidentified buyer.
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Dayton Business Journal
State and local agencies asked business owners to help hospitals bridge the supply shortage. Here's how they responded. Subscribe to get the full story. Already a paid subscriber? Sign in. Subscribe to get the full story. Already a paid subscriber? Sign in.
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Fort McMurray Today
Alberta will also provide a $6 billion loan guarantee for the project, which is now expected to cost $14.4 billion to build. Geoffrey Morgan More from Geoffrey Morgan. Published on: March 31, 2020 | Last Updated: March 31, 2020 11:08 AM EDT. Miles of ...
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Simple Flying
London based satellite firm OneWeb has filed for bankruptcy protection in the US. The company, which had high hopes of becoming a major player in the low Earth orbit (LEO) satellite market, blames its financial strife on the COVID-19 outbreak.
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Business Recorder
LONDON — The dollar climbed against a swathe of currencies on Tuesday amid fiscal year-end demand by Japanese firms while the Australian dollar slipped despite a Chinese survey showing manufacturing returned to growth in March. Tuesday is the last ...
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Baltimore Business Journal
BALTIMORE, March 31, 2020 /PRNewswire/ -- Brown Advisory, a global, private and independent investment management and strategic advisory firm, is excited to announce that Thomas "Tom" Geddes has joined as a partner, senior advisor and portfolio ...
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1440wrok.com
GrantView Distillery will be donating its product to first-responders in Rockford to help with the COVID-19 outbreak. It's easy to get bogged down and stressed out by our current COVID-19 pandemic situation, so it's nice to see so many stories popping up each ...
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City A.M.
Clear Channel today said it has sold its business in China for $253m (£205m) as it pulled its guidance and announced a raft of cost-cutting plans to combat the coronavirus crisis. The outdoor advertising group said it will sell its 51 per cent stake in subsidiary ...
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Yahoo Finance
Imperial Brands PLC (IMBBY) reported Tuesday that the coronavirus pandemic did not have a "material impact" on the maker of Gauloises Blondes and Winston cigarettes. "Trading remains in-line with expectations," Imperial Brands said in a statement on its ...
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SiliconANGLE News
Database-as-a-service provider PlanetScale Inc. today launching a new version of its product based on the Kubernetes container orchestration software. The database, called PlanetScaleDB, is unique in that it can run across multiple public cloud platforms, ...
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Variety
The 2020 Digital Content NewFronts are moving about two months later as live-streamed virtual presentations, with organizers citing the need for more time for participants to prep. Previously, the annual NewFronts had been scheduled for April 27-May 6 at ...
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San Antonio Current
A San Antonio Pizza Hut manager was shot during a robbery at her restaurant late Monday night, local authorities report. Officers arrived around 11:45 p.m. at a Pizza Hut on the 14600 block of Nacogdoches Road after receiving a call that someone had been ...
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WKBN.com
COLUMBUS — More than 20 percent of the 39 reported COVID-19 deaths in Ohio are in the Mahoning Valley. The Ohio Department of Health on Monday listed eight virus-related deaths in the Valley, including three — two in Mahoning County and one in ...
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WDRB
LOUISVILLE, Ky. (WDRB) -- A TSA worker at the Louisville airport has tested positive for COVID-19. The employee is a baggage officer who last worked on March 24 for an 11:30 a.m. to 4:30 p.m. shift, TSA officials said Sunday. A statement from the TSA says ...
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