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Keystone XL Pipeline to Be Built With Alberta's Assistance The long-delayed Keystone XL pipeline to take oil from Canada into the U.S. heartland will move forward after the Alberta province agreed to help finance the project, pipeline operator TC Energy Corp. said Tuesday. The official decision to proceed with ...
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Bitcoin Mining Operation Riot Blockchain Fearful Of Covid-19 Impact Riot Blockchain, a Nasdaq-listed cryptocurrency mining firm, released its annual 10-K report to the SEC where it outlined the effect the Covid-19 virus outbreak may have on its mining operations. Under the headline of 'general risk,' the company was ...
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Under Armour Manufacturing Face Masks For Hospital Workers Amid Coronavirus Pandemic Under Armour is the latest brand to pivot production to assist in the fight against novel coronavirus. The Baltimore-based footwear and apparel brand announced on March 31 it plans to manufacture and distribute more than 500,000 fabric face masks while ...
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Home price growth ramped up yet again in January, Case-Shiller index shows The S&P CoreLogic Case-Shiller 20-city price index posted a 3.1% year-over-year gain in January, up from 2.8% the previous month. On a monthly basis, the index increased 0.3% between December and January. Because of the two-month lag in the data ...
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Low Oil Prices Aren't the Oil Industry's Biggest Problem Right Now Crude oil prices have cratered over the past few weeks. West Texas Intermediate, the U.S. oil price benchmark, has tumbled from the low $60s earlier this year to around $20 a barrel in recent days. That's due to a combination of the COVID-19 outbreak's ...
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Amarin Stock Tumbles After Courtroom Loss Amarin lost a federal lawsuit in Nevada against two generic drugmakers that had filed applications to sell generic versions of the fish oil drug Vascepa. Amarin lost a federal lawsuit in Nevada against two generic drugmakers. Investors are dumping shares of ...
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Walmart and Sam's Club to check workers every day for fever to combat the coronavirus Walmart and Sam's Club will start taking the temperature of each of their employees to help slow the spread of the coronavirus. The retailers said Tuesday that each of their stores, centers and other facilities should receive thermometers within the next three ...
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Energy Transfer to move forward with Louisiana LNG project without Shell Royal Dutch Shell's plans to reduce 2020 capital spending by billions of dollars include dropping out of a proposed liquefied natural gas export project. Houston-based Shell US LNG LLC, a wholly owned subsidiary of the Netherlands-based Royal Dutch ...
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Column: No coronavirus refund but credit for a future cruise? Are you kidding? Craig Morris, his wife, two kids and three grandchildren are no longer booked on a seven-day holiday in hell. But they were fought by the cruise operator, Carnival, every step of the way. Morris, 71, and his family were booked into three cabins on the Carnival ...
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Cargo Aircraft Roar To Life, Reaching Record Utilization As Coronavirus Creates Urgent Demand For Air Freight Even today some flights still have to wait for a place to park at the airport. Yet the backlog is not at the passenger terminal but instead the cargo apron. Cargo aircraft are roaring to life, setting new records for utilization. China Southern's freighters are flying ...
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Xage adds full-stack data protection to blockchain security platform Xage, a startup that has been taking an unusual path to secure legacy companies like oil and gas and utilities with help from the blockchain, announced a new data protection service today. Xage CEO Duncan Greatwood, says that up until this point, the ...
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China's Huawei Warns More US Pressure May Spur Retaliation BEIJING — Huawei's chairman warned Tuesday that more U.S. moves to increase pressure on the Chinese tech giant might trigger retaliation by Beijing that could damage its worldwide industry. Huawei Technologies Ltd., which makes smartphones and ...
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NEW: US stocks sink as outlook for jobs worsens amid pandemic U.S. stocks opened slightly lower on Wall Street Tuesday as investors closed out a brutal month of losses due to the coronavirus pandemic. The S&P 500 is headed for its biggest quarterly decline since the last quarter of 2008. For the Dow, it could be the ...
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Gold dips over 2% as dollar rises, but heads for quarterly gain Gold dropped as much as 2.4% on Tuesday as the dollar strengthened and strong Chinese economic data boosted risk appetite, but bullion was heading for a sixth straight quarterly rise amid fears over a global shutdown due to the coronavirus. Spot gold ...
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Coronavirus: Airbnb CEO offers apology, $250 million to hosts hurt by refund policy 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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New York attorney general questions Zoom privacy amid rising popularity New York Attorney General Letitia James (D) wants to know what measures Zoom is taking to ensure users' privacy as demand for the video conferencing app skyrockets amid stay-at-home orders spurred by the coronavirus pandemic. In a Monday letter ...
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McCormick's Earnings Drop as COVID-19 Starts Affecting Global Spice Sales The consumer foods giant pulled its 2020 outlook but expects to resume its short-term forecasting in June. Demitrios Kalogeropoulos. (TMFSigma). Mar 31, 2020 at 8:51AM. Author Bio. Demitri covers consumer goods and media companies for Fool.com, as ...
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General Motors spins up global supply chain to make 50000 face masks a day GM today announced manufacturing details around building much-needed medical face masks. According to the company's press release, it took the company less than seven days to go from nothing to producing the first production-made mask.
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Canada January GDP up 0.1% despite reduced trade OTTAWA, March 31 (Reuters) - The Canadian economy edged up by 0.1% in January, largely on higher manufacturing exports, Statistics Canada said on Tuesday even as overall trade restrictions related to the novel coronavirus in China began to affect ...
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Ralph Lauren Draws Down $475 Mln From Credit Facility; Halts Share Buybacks (RTTNews) - Luxury fashion house Ralph Lauren Corp. (RL) on Tuesday provided details of its initiatives to date in response to the COVID-19 pandemic. As part of its efforts to maintain its financial strength, Ralph Lauren said it is reducing or delaying capital ...
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Conagra shares rise after demand jumps in the fourth quarter due to coronavirus-related stockpiling Conagra Brands Inc. CAG, +1.11% stock rose 4.3% in Tuesday premarket trading after the food company said it has experienced "significantly increased demand" in the fourth quarter and now expects to exceed expectations. For the fiscal third-quarter, ...
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Ford delays restarting production indefinitely Ford Motor Co. on Tuesday said it will further delay restarting production at its North American plants as the COVID-19 outbreak continues to spread in the United States. The Dearborn automaker last week had shared its intentions to begin manufacturing ...
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Small businesses should apply for coronavirus loans now Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. The loan program that could bail out Main Street suffering from the economic shock of the coronavirus pandemic will begin Friday, but ...
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Qarnot raises $6.5 million for its computer servers that heat buildings French startup Qarnot has raised a $6.5 million (€6 million) funding round. The company manufactures heaters and boilers with a special trick — they pack computers as computers tend to generate a lot of heat. Qarnot then lets companies leverage that ...
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How does it work if you skip mortgage payments? So you decide to ask your mortgage company for payment forbearance. But what does that mean? The idea is that borrowers who have been temporarily furloughed from their jobs or laid off or can't work because of sickness from COVID-19 can take a break ...
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Gas prices dip below $1 at some Cleveland stations, reaching as low as 67.9 cents CLEVELAND, Ohio — Gasoline prices at some Cleveland gas stations have dipped below one dollar per gallon over the past 24 hours, reaching as low as 67.9 cents Monday night at one station on Cleveland's West Side. The Gas USA station at West 117th ...
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UPDATE 1-S.Africa's Sanlam appoints new CEO, to take over by July (Recasts, adds details, quote, shares). JOHANNESBURG, March 31 (Reuters) - South Africa's largest insurer Sanlam announced new faces to its top three jobs on Tuesday, naming non-executive director Paul Hanratty as new CEO from July to succeed Ian ...
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Pandemic's tourism impact predictable, but blow to Florida's aerospace industry unexpected The severity of the COVID-19 pandemic's fallout on Florida's tourism economy and workforce was predictable, but the state's burgeoning aerospace industry has taken a hit few saw coming. Get home delivery of the magazine. Subscribe today! London-based ...
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Imperial Brands, British American Tobacco sign deals for new credit (Reuters) - Cigarette makers Imperial Brands (IMB.L) and British American Tobacco (BATS.L) announced deals on Tuesday for new credit while saying they were not seeing any major hit to business from the coronavirus outbreak. Imperial Brands, the maker ...
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Seegrid Raises $25 Million in Growth Equity PITTSBURGH--(BUSINESS WIRE)--Mar 31, 2020--. Seegrid, the leader in self-driving industrial vehicles for material handling, today announced that it has closed a $25 million growth equity investment from G2VP, a venture capital firm focused on investing in ...
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Singapore banks offer to freeze mortgage, SME loan payments SINGAPORE: Singapore's central bank said on Tuesday (March 31) local lenders will offer additional relief for consumers and companies battered by the sharp economic slowdown and the Covid-19 (coronavirus) outbreak, including a freeze on mortgage and ...
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St. Louis regional leaders to discuss temporary hospital for coronavirus patients ST. LOUIS — Regional leaders are meeting this morning to discuss new ways to alleviate pressure off of the St. Louis area's healthcare system as the number of people with COVID 19 continues to rise. Local leaders will attend The Business Resilience ...
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India Opens Access to Benchmark Sovereign Bonds in Index Bid India opened up a wide swath of its sovereign bond market to overseas investors, taking its biggest step yet to secure access to global indexes as the government embarks on a record borrowing plan. Bonds rallied. Global funds will be able to buy new five-, ...
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Market: IAG lifts as it halts British Airways Gatwick flights and adds to credit buffer In a sign of just how bad things have become for the airline industry since coronavirus hit, British Airways today stopped flying from Gatwick Airport. The decision - which comes just one day after EasyJet grounded its carriers for two months - was taken as air ...
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3 Mutual Fund Misfires to Avoid - March 31, 2020 You may need to start looking for a new financial advisor if your current one has put any of these high-fee, low-return "Mutual Fund Misfires of the Market" into your portfolio. High fees plus poor performance: It's a pretty simple formula for a bad mutual fund.
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78 employees have tested positive for COVID-19 at VUMC Seventy-eight employees at Vanderbilt University Medical Center, one of the frontlines in Nashville's fight against COVID-19, have tested positive for the virus. Nashville Post reports that some of the employees have recovered and are back at work, while the ...
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Check which grocery stores are stocked before you leave the house COBB COUNTY, Ga. - If you've had trouble finding fresh meat or other products at the grocery store, Cobb County has a new tool to help you find what you need before you even leave your house. The Cobb County COVID-19 Resources center is an online ...
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Column: What USDA's corn and soybean stocks could mean beyond Tuesday FORT COLLINS, Colo. (Reuters) - Tuesday's data from the U.S. government will indicate how much corn and soybeans were stored in the United States at the halfway mark of the 2019-20 year. Even though analysts see those volumes down substantially from ...
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Red Cross again extends assistance deadline after tornadoes NASHVILLE, Tenn. (AP) - The American Red Cross has announced that it once again was extending the deadline for emergency financial help for Middle Tennessee residents whose homes were damaged or destroyed earlier this month by several deadly ...
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Report: Atlanta fintech unicorn furloughs 'significant number' of employees One of Atlanta's rising unicorn fintech companies is starting to feel the economic effects of the current global pandemic. Kabbage, a startup that supplies funding directly to small businesses and consumers through an automated lending platform, furloughed a ...
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Michigan Man Charged After Coronavirus Scare at Kroger A 26-year-old in Genesee Township ended up in jail after doing the strangest things at Kroger. There's no doubt many of us are on edge when we're out in public. As we should be. Stay home unless you absolutely need to leave. When you're out, you're ...
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Insurance Bills Related to COVID-19 and Business Interruption Coverage On March 19, we wrote this article on New Jersey's proposed bill in regards to forcing carriers to pay business interruption claims due to losses stemming from COVID-19 related shutdowns. Business Income, COVID-19, and New Jersey State Intervention.
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American Airlines employee leave options now include partial pay American Airlines mechanics, flight attendants, leadership personnel, dispatchers and other employees who take voluntary leave or an early out are now eligible to receive partial pay. Previously, American Airlines Group, Inc. (Nasdaq: AAL) offered unpaid ...
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AUD/USD Price Forecast – Australian Dollar Stalls The Australian dollar has gone back and forth during the trading session Monday to kick off the week a bit lackluster. This exhaustion is quite normal considering we have gone straight up in the air. Furthermore, there was a gap, although it has been filled, ...
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