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FOREX-US dollar rallies as global easing policies give short-term reprieve ... * Pandemic fears keep FX markets jittery * Analysts say month-end flows may support dollar * Offshore yuan weaker after China cuts interbank rate * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh (Adds new comment, FX table, updates prices; changes ...
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Bank cut to oil loans could push producers beyond the brink NEW YORK/HOUSTON, March 30 (Reuters) - U.S. energy producers face the threat that banks will slash their credit as March's crash in oil prices means the asset backing their main loan facility - crude reserves - is worth less than half of what it was a month ...
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Flat Line: After Weeks Of Volatility, Relatively Unchanged Start Draws A Cheer Key Takeaways: Futures claw back to near unchanged after early drop Sunday night; Johnson & Johnson (JNJ) shares jump as company says it will test vaccine by September; Data this week could start to look grim with PMI, payrolls seen reflecting March ...
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PKN ready to offer concessions after EU warning on Lotos bid: sources WARSAW/BRUSSELS (Reuters) - Polish oil refiner PKN Orlen (PKN.WA) is ready to offer concessions on its plan to buy rival Lotos (LTSP.WA) once EU competition regulators set out their concerns about the deal in the coming days, people familiar with the ...
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A Month After Peak Coronavirus In China, Beijing Needs More Stimulus China has been battling the deadly coronavirus Xi Jinping calls a "demon" for the past three months. The economy is not back to normal. From afar, it appears as if China's bout with the latest version of the SARS coronavirus is wearing out. China is still getting ...
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Cannabis Declared an "Essential Business." Tesla, Not So Much. As the COVID-19 coronavirus sweeps across the country, most states are now issuing shelter-in-place orders, essentially prohibiting residents from venturing outside and gathering in public places. In Los Angeles country, even the hiking trails and beaches ...
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Stock market won't hit coronavirus lows until these 3 criteria are met, says Goldman Sachs Stock-market analysts at Goldman Sachs believe the S&P 500 will end this year more than 19% above current levels, but warned investors in a note this weekend that there will be short-term pain the markets in coming weeks. "After a swift 18% rally [last week] ...
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The Manhattan Condo Market Showed a Flicker of Hope. The Virus Snuffed It Out. Just as the Manhattan residential real-estate market was shaking itself out of a multiyear slowdown, the party was suddenly over. Sales spiked during the first quarter, but now the market has all but shut down, brokers say, as fears of the new coronavirus and ...
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Up Your CBD Knowledge: Hemp Industry Education With Max Simon, CEO Green Flower Media With CBD slated to grow 107% annually over the next four years , the need for technicians in the CBD industry is immediate; yet no U.S. college, trade school or university offers a full-fledged course on Hemp or educates on how to succeed in various areas of ...
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J&J, US government plan 1 billion doses of coronavirus vaccine (Reuters) - Johnson & Johnson (JNJ.N) said on Monday that it and the U.S. 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 ...
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Detroit auto show canceled as TCF Center chosen for field hospital in coronavirus fight The 2020 North American International Auto Show in Detroit has been canceled this year because the Federal Emergency Management Agency chose the TCF Center to become a field hospital for COVID-19 cases for at least six months. The show, one of ...
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Devon Energy further cuts 2020 capital spending by $300 million (Reuters) - Oil and gas producer Devon Energy (DVN.N) said on Monday it was further reducing its capital expenditures by $300 million to $1 billion for 2020, citing weak oil prices. The company added it was prepared to further reduce spending if oil prices ...
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Stocks stabilize as investors brace for another volatile week U.S. stocks rose Monday, as investors braced for another volatile week following a surge of infections from the deadly coronavirus pandemic. The Dow Jones industrial average climbed 400 points, adding to recent gains after the blue-chip average notched its ...
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Disney's Streaming Business Looks Seriously Undervalued Disney's (NYSE:DIS) market cap briefly fell below that of Netflix (NASDAQ:NFLX) last week. It wasn't the first time that had happened, as Netflix briefly topped Disney in valuation in 2018 when the leading streamer's stock hit an all-time high, but Disney's ...
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Barclays sets 2050 'net zero' carbon goal after investor pressure LONDON (Reuters) - Barclays (BARC.L) drew cautious investor support on Monday for setting itself an ambition to reach 'net zero' for its own carbon emissions and the activities it finances by 2050. FILE PHOTO: People queue at Barclays Bank in St Albans, ...
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Spirit Airlines Adopts Poison Pill Provision After Coronavirus Stock Selloff The airline's board says it wants to make sure all its shareholders benefit from a potential recovery. Lou Whiteman. (TMFeldoubleu). Mar 30, 2020 at 11:25AM. Author Bio. Lou has followed the markets for more than two decades, developing extensive contacts ...
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Major US Banks Underperform The Market, But There Are A Few Bright Spots Our bank portfolio of 9 stocks shows an average return of 11% in the last five trading days compared with a 13% return in the Dow during the same period. This portfolio reflects one set of possible stocks that will very likely underperform the broader market if ...
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Gold prices retreat as the US dollar bucks up Gold futures headed lower on Monday, as stocks and the U.S. dollar made some tentative steps higher, against the backdrop of rapidly moving developments in the COVID-19 pandemic and as President Donald Trump extended guidelines intended to ...
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7 Zoom tips for working from home Despite disturbing errors of judgement such as this and this, Zoom appears to have become the most popular solution for online collaboration, in use across enterprise, government and individuals. I've kicked it around to surface a few less visible features you ...
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Coronavirus: Broadband caps dropped as millions work from home Live. All major network providers in the UK have agreed to implement a set of common measures designed to support and protect customers' access to the internet in the context of the Covid-19 pandemic. BT, EE and OpenReach, Virgin Media, O2, Vodafone, ...
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Stratolaunch reveals updated fleet, including two hypersonic aircraft and a space plane High-altitude launch startup Stratolaunch has gone through some changes, but on Monday it revealed design details of two hypersonic aircraft, along with a space plane, all designed to take-off from its flying carrier plane launch platform. If all goes to plan, test ...
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Instacart workers seek strike as jobs get busier, riskier NEW YORK (AP) — A possible strike by Instacart workers highlights the impact of the coronavirus outbreak on the grocery delivery business, where workers are worried about their safety as they try to meet a surge in demand for online groceries. A group ...
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Redfin's stock falls after equity investment by Durable Capital at a discount Shares of Redfin Corp. RDFN, -2.70% 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 ...
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US Pending Home Sales Trended Higher Before Virus Outbreak BALTIMORE — Americans signed more contracts in February to buy homes, but the gains are likely relics of a moment before the coronavirus outbreak sent the U.S. economy spiraling into a likely recession. The National Association of Realtors said Monday ...
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Charlotte's Web Names David Panter as Chief Operating Officer Market Leading Hemp-Derived CBD Brand Enters into Next Phase of Growth and Expansion. BOULDER, CO, March 30, 2020 /PRNewswire/ - (TSX: CWEB,OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the world's ...
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Firms Advocate Social Distancing Through Brand Logos, Messages They say "Pen is mightier than sword". True to this adage, various media houses are trying to spread the message of social distancing to prevent the spread of coronavirus in a community and minimize catastrophic loses. The threat of community transmission ...
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Pipelines ask US drillers to slow output as storage capacity dwindles LONDON (Bloomberg) - American pipeline operators have begun asking oil producers to voluntarily ratchet back their output in the clearest sign yet that a growing glut of crude is overwhelming storage capacity. Plains All American Pipeline LP, one of the ...
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Macy's to furlough majority of its 130000 workers this week after losing 'majority' of sales Macy's Inc. M, -1.80% said Monday that it will furlough most of its staff as store closures take a toll. As of Nov. 2019, Macy's had 130,000 staff members. The department store retailer's digital sales business remains operational, but it has lost the "majority" of its ...
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AstraZeneca's Imfinzi gets FDA nod to target small-cell lung cancer (Reuters) - U.S. regulators have approved AstraZeneca Plc's Imfinzi treatment for use against an aggressive type of lung cancer in previously untreated patients, the group said on Monday, as it moves to expand its specialization in tackling the disease.
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Manassas Is For Takeout Lovers In Time Of Coronavirus Restaurants and eateries in Manassas are participating in "Virginia is for Restaurant Lovers Takeout Week" starting March 30. By Mark Hand, Patch Staff. Mar 30, 2020 9:32 am ET. Reply. 0. Restaurants and eateries in Manassas are participating in "Virginia ...
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Coronavirus leads to global condom shortage; world's largest producer now considered a 'critical' industry A baby boom is looking more likely in 9 months or so. And not just because people are staying home in a worldwide effort to stanch the spread of the novel coronavirus. Karex Bhd. makes more than 20 percent of the world's condoms, heralding itself as the ...
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iPhone Maker Hon Hai's Profit Slides Ahead of Virus Outbreak Hon Hai Precision Industry Co.'s quarterly profit fell 24% after tepid smartphone demand and U.S.-Chinese tensions depressed sales ahead of the coronavirus outbreak. Apple Inc.'s most important manufacturing partner posted net income of NT$47.8 billion ...
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UAB to help test a vaccine for coronavirus BIRMINGHAM, Ala. (WBRC) - The University of Alabama at Birmingham is launching a collaboration with the biopharmaceutical company Altimmune, Inc. for preclinical testing of a potential vaccine to prevent COVID-19. Researchers say the testing will look at ...
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Carnival's Cunard Line Adds Another Month to Its Cruise Pause The cruise industry has little choice but to try and wait out the worst of the rising COVID-19 pandemic. Demitrios Kalogeropoulos. (TMFSigma). Mar 30, 2020 at 10:33AM. Author Bio. Demitri covers consumer goods and media companies for Fool.com, as well ...
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Tampa General, USF Health team up to create 3D printed nasal swabs to test for coronavirus The novel coronavirus spreading across the nation is creating a scarcity for testing kits and nasal swabs, so local health care systems and others are joining forces to address the shortage. The University of South Florida Health along with Tampa General ...
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La-Z-Boy announces US closures and furloughs including Neosho factory, Springfield store All of the Springfield News-Leader's coverage of the coronavirus pandemic is being provided for free to our readers. Please consider supporting local journalism by subscribing at News-Leader.com/subscribe. On Sunday, Michigan-based La-Z-Boy ...
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'Taco Tuesday': Taco Bell plans to feed America this Tuesday (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 across ...
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Seattle releases small business map to spur sales during state mandated shutdown SEATTLE — The City of Seattle is rolling out a new tool and database to help people find small businesses and takeout food during the state mandated closure period. It's the latest effort to spur sales among restaurants, cafes, and breweries which have been ...
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Dollar General announces discount for first responders throughout outbreak (WHSV) — As first responders across the country provide some of the most essential services during the ongoing COVID-19 pandemic, Dollar General says they will be providing a nationwide discount. Starting March 30, Dollar General will provide a 10% ...
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Gas prices continue to fall in Rockford, could continue tumbling in the next few weeks ROCKFORD, Ill. (WIFR) -- The COVID19 outbreak has played a huge role in oil prices falling causing gas prices to continue dropping. Over the last week, Rockford gas prices fell a tad below 10 cents, bringing the average down to $1.79 per gallon, according ...
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A Popular, Low-Tech Way to Pass the Time in Quarantine: Puzzles People are buying up everything from kids puzzles to 5,000-piece jigsaws to survive the boredom of home isolation. By. Austin Carr. March 30, 2020, 3:45 AM PDT. 6:03. A Popular, Low-Tech Way to Pass the Time in Quarantine: Puzzles. People are buying ...
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Saginaw foundation offering $300000 to help small businesses during coronavirus crisis SAGINAW, MI - The Saginaw Community Foundation is planning a large monetary contribution to support Saginaw Future's efforts to help small businesses in the county. The funding amount of $300,000 is coming from the Foundation's Community Impact ...
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Grocery shortage prompts Texas Roadhouse to sell Ready-to-Grill Steaks from the Meat Room to Your Home SAN ANGELO, Texas. (March 30, 2020) – Due to grocery store shortages, Texas Roadhouse locations across the state are selling ready-to-grill steaks directly to the public. "The decision to sell steaks was based on demand from guests. Restaurants are a ...
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FPL lowering bills to help customers during coronavirus pandemic JUNO BEACH, Fla. – You might see a little relief in your electric bill as a result of the coronavirus outbreak. Florida Power & Light Company announced a plan Monday to issue a one-time decrease of nearly 25% for the typical residential customer bill as a ...
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Here's how healthcare workers can get a free pair of Crocs Crocs is offering a free pair of shoes to healthcare workers in the United States. Through its new program — A Free Pair for Healthcare — crocs is giving all healthcare workers a free pair of classic crocs or crocs at work. All healthcare workers have to do is ...
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Coronavirus: ASOS 'playing roulette' with staff's lives as warehouses stay open ASOS is "playing roulette with people's lives" according to unions. The fashion giant has decided to stay open when clothing chains such as Next decided to shut down operations during the coronavirus lockdown. But staff at its Grimethorpe, Barnsley, ...
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UPDATE 1-South Africa's Netcare scraps 2020 outlook due to coronavirus (Adds details). JOHANNESBURG, March 30 (Reuters) - South Africa's Netcare has scrapped its 2020 outlook, suspended spending on projects and share buybacks, and may need to review its dividend policy due to the impact of coronavirus, the private ...
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Whole Foods Vodka Sauce recalled due to unlisted milk in product TAMPA, Fla. — A vodka sauce sold at Whole Foods could cause serious life-threatening allergic reactions in people with a dairy allergy. Winter Gardens Quality Foods of New Oxford, Pennsylvania, is recalling one of its products because of undeclared milk in ...
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Why Are Natural Gas Prices Low and How Long Will This Last? Amid all the headlines about the plunge in oil prices, natural gas is struggling with its own set of problems. No major commodity had a worse 2019 than natural gas. The fuel endured a torrid year, registering its worst annual decline since 2014. Prices tumbled ...
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Swiss National Bank's liquidity injections trigger sight deposit leap By John Revill. ZURICH (Reuters) - The Swiss National Bank's holding of overnight funds for commercial banks increased by the largest amount in more than five years last week, indicating how it is injecting money into the Swiss economy hit by the ...
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