![]() | |||||||
finance | |||||||
NEWS | |||||||
UPDATE 1-Oil pipeline, producer standoff prompts new call for Texas shale curbs ... * Texas energy regulator reissues call for output cuts. * Chevron CEO rebuffs need for mandated production cuts. * Texas pipeline operators warn of glut as storage fills (Adds formal requests for a meeting, comments from Pioneer Natural Resources CEO, ...
| |||||||
'Shark Tank': Why Mark Cuban and Lori Greiner fought to invest 6 figures in this 'fast pasta' restaurant Billionaire Mark Cuban has a track record of investing in food companies on ABC's "Shark Tank," especially when it comes to vegan and plant-based companies. And on Friday's episode, a few of the Sharks had a similar interest – but this time around, it was a ...
| |||||||
The stock market might not bottom until the VIX comes down — here's why the volatility gauge remains stubbornly high Here's one reason stock-market investors aren't convinced the bear-market rout triggered by the global COVID-19 pandemic hasn't bottomed out: a stubbornly high reading for an index known as the VIX. A closely watched measure of stock-market volatility ...
| |||||||
Stock futures rise slightly, extending market's rebound from massive coronavirus sell-off Stock futures climbed slightly higher in overnight trading on Monday, continuing the market's rebound from its deep rout triggered by the coronavirus pandemic. Futures on the Dow Jones Industrial Average rose about 70 points. The S&P 500 futures also ...
| |||||||
Ford to build 50000 ventilators in 100 days (CNN) Ford plans to make as many as 50,000 simple ventilators for coronavirus patients within 100 days and plans to continue producing 30,000 per month after that, the company announced Monday. The automaker said it will make the ventilators at its ...
| |||||||
Bryon Allen Racial Discrimination Case To Be Reconsidered Contributing Author: Bryan Sullivan. Bryon Allen lost the appeal of his racial discrimination suit against Comcast in the Supreme Court. Bryon Allen's racial discrimination suit against Charter Communiactions will be reconsidered. (Photo ... [+] by Greg ...
| |||||||
UPDATE 1-American Airlines seeking up to $12 billion from aid package -memo (Adds quotes, details and background). By Tracy Rucinski. CHICAGO, March 30 (Reuters) - American Airlines Holdings Inc intends to apply for up to $12 billion in government aid, ensuring no involuntary layoffs or pay cuts in the next six months, executives ...
| |||||||
KFC owner Yum Brands breaks junk debt market's fast (Reuters) - Yum Brands Inc (YUM.N), owner of Pizza Hut, KFC and Taco Bell restaurant chains, sold $600 million in bonds on Monday, reopening the U.S. market for junk-rated debt issues after its longest lull since the 2008 financial crisis. A vehicle waits at ...
| |||||||
Visa transaction volumes hurt as coronavirus crisis deepens (Reuters) - Visa Inc (V.N) said on Monday its transaction volumes had been hit as the coronavirus pandemic wreaks havoc on consumer spending, leading it to forecast mid-single-digit percentage revenue growth for the second quarter. "As countries have ...
| |||||||
Unemployment could top 32% as 47M workers are laid off amid coronavirus: St. Louis Fed The unemployment rate in the U.S. could reach a staggering 32.1% in the second quarter as 47 million workers are laid off amid the coronavirus outbreak, according to estimates published in a blog by the Federal Reserve Bank of St. Louis. That would be the ...
| |||||||
Air New Zealand to lay off 3500 employees as virus halts travel (Reuters) - Air New Zealand (AIR.NZ) said on Tuesday nearly a third of its employees, about 3,500, will be laid off in the coming months, as it grapples with severe global travel curbs due to the coronavirus that has forced it to cancel nearly all flights.
| |||||||
Medtronic is sharing its portable ventilator design specifications and code for free to all Healthcare and biomedical engineering company Medtronic was in the news recently because Tesla CEO Elon Musk had discussions with the company about the automaker's potential plans to build ventilator hardware in order to address the COVID-19 crisis ...
| |||||||
Amarin Shares Crushed After Judge Rules Heart Drug Patents Invalid: Report Shares of Amarin (AMRN) - Get Report lost more than half their value in after-hours trading Monday after a federal judge ruled patents on one of its medications were invalid, according to a published report. Amarin shares fell $9.08, or 67%, to $4.50 in ...
| |||||||
Kohl's keeping stores closed, furloughing employees Kohl's stores won't reopen any time soon. With the uncertainty of the coronavirus pandemic, Kohl's Corp. is temporarily furloughing store and store distribution center associates and some corporate office associates. The stores will be closed until further notice ...
| |||||||
Fiat Chrysler executives, salaried employees to take pay cuts during coronavirus pandemic (Reuters) - Fiat Chrysler Automobiles NV's (FCHA.MI) (FCAU.N) top executives and salaried workers around the globe will take pay cuts in an act of "shared sacrifice" brought on by the coronavirus pandemic that has shuttered the automaker's plants in Europe ...
| |||||||
Johnson & Johnson Is Already Ramping Up Production On Its $1 Billion Coronavirus Vaccine On Monday, Forbes revealed Johnson & Johnson subsidiary Janssen Pharmaceutical was handed $450 million to work on a preventative treatment for COVID-19. Later, the pharma giant confirmed the coronavirus vaccine could roll out to the public by early ...
| |||||||
LLBean CEO says Congress must do more to address 'serious' retail crisis Many U.S. retailers are facing a financial shock from the coronavirus that has yet to be fully addressed by Washington lawmakers, L.L.Bean CEO Stephen Smith said Monday. "I think it's a really serious situation, and I actually don't think it's getting enough ...
| |||||||
BlackRock chairman's letter to shareholders addresses coronavirus Laurence D. Fink, BlackRock's chairman and CEO, shared his thoughts on the current coronavirus pandemic, BlackRock's response and some of the priorities of the world's largest money manager Monday in his annual chairman's letter to shareholders.
| |||||||
Airbnb will pay hosts $250 million to help cover cancellations due to COVID-19 Airbnb is committing $250 million to put toward hosts who have been impacted by COVID-19. That means if a guest cancels a reservation for check-in between March 14 and May 31 due to a COVID-19-related reason, Airbnb will pay the host 25% of what they ...
| |||||||
Speedy coronavirus test results due this week — but not everywhere New, faster coronavirus tests that report results within an hour or, in some cases, as fast as five minutes are expected within days at U.S. hospitals, clinics and other testing sites — reducing the long waits that tens of thousands of Californians are facing after ...
| |||||||
Is It Time To Buy Stocks Or Is The Market Heading Even Lower? March has undoubtedly been one of the most volatile months investors have seen on the markets, perhaps ever. The Dow Jones went from more than 27,000 points early in the month to a low of barely 18,000 points weeks later. It's been a very sharp decline ...
| |||||||
Port Authority debuts first two electric buses in regular service on 88-Penn route At a quick glance, the two new Port Authority buses serving the 88-Penn route from Downtown to the East End look just like that — new versions of the agency's traditional 40-foot buses. But a closer look quickly points out the major difference: The buses that ...
| |||||||
Coronavirus: Hialeah latest city to add restrictions, new curfew begins Monday night HIALEAH, Fla. – A new curfew goes into effect Monday night in Hialeah as restrictions due to the coronavirus outbreak become spread across South Florida. Local 10 News' Christian De La Rosa spoke to Hialeah Mayor Carlos Hernandez on the phone ...
| |||||||
Neiman Marcus to furlough nearly 14000 workers amid virus crisis March 30 (Reuters) - Luxury retailer Neiman Marcus said on Monday it would furlough most of its about 14,000 workers, as the coronavirus crisis forced it to close all stores till the end of April. Employees not impacted by the furloughs will also take pay cuts in ...
| |||||||
Gas Prices in Lincoln are Down Lincoln gas prices have fallen 20.3 cents per gallon in the past week, averaging $2.03/g Monday, according to GasBuddy's daily survey of 146 stations. Gas prices in Lincoln are 46.2 cents per gallon lower than a month ago and stand 73.4 cents per gallon ...
| |||||||
Sanofi Begins Kevzara Study for Severe Coronavirus Infection Sanofi (SNY - Free Report) announced that it has treated the first patient with Kevzara (sarilumab) among the hospitalized patients with severe COVID-19 infection outside the United States. The second double-blind phase II/III study was recently initiated in ...
| |||||||
Air Canada Puts 16500 Staff on Furlough, Cuts Operations Air Canada will cut capacity by as much as 90% next quarter and temporarily reduce its workforce by about 16,500 to reduce costs during the coronavirus crisis. The decision, effective on or around April 3, puts 15,200 unionized employees on "off-duty status" ...
| |||||||
Domino's Pizza® Announces Business Update ANN ARBOR, Mich., March 30, 2020 /PRNewswire/ -- Domino's Pizza, Inc. (NYSE: DPZ), the largest pizza company in the world based on global retail sales, today announced preliminary information from the first quarter in advance of its first quarter earnings ...
| |||||||
Taco Bell to provide free food, donate money on 'Taco Tuesday' Nothing says "we're all in this together" more than a fast-food taco deal for "Taco Tuesday." Taco Bell will give a free burrito to "everyone in America who rolls up to a Taco Bell drive-thru" on Tuesday, March 31 to thank loyal customers during the coronavirus ...
| |||||||
Fearing shortage, hospitals convert other machines into ventilators With most of its ventilators already attached to COVID-19 patients, a top New York hospital system is repurposing its anesthetics-dispensing devices and other equipment into makeshift breathing machines. The Northwell hospital system that runs the Lenox ...
| |||||||
It's a good week for takeout lovers in Virginia While a "stay at home" order is now in effect in Virginia, food is still considered essential, and that exemption has allowed many restaurants to transition to takeout-only service in Virginia. Now, in an attempt to encourage more people to choose takeout for ...
| |||||||
Pending home sales index hit a three-year high in February An index of contract signings for the purchase of previously owned U.S. homes unexpectedly increased in February to a three-year high, representing solid housing activity that's likely to retrench because of the pandemic. An index of pending home sales ...
| |||||||
Krispy Kreme is giving away free doughnuts to Georgia's health care workers As a small token of glaze-covered gratitude to the health care workers on the frontlines of coronavirus, Krispy Kreme is offering them free doughnuts. The nationwide campaign kicked off on Monday and will continue weekly at locations across the country, ...
| |||||||
Spirit Airlines Suspending Flights to CT, NY and NJ Airports Spirit Airlines is temporarily suspending flights to several airports across Connecticut, New York and New Jersey in response to the Centers for Disease Control and Prevention's travel advisory for the areas. The airline confirmed it will be suspending service ...
| |||||||
Williams-Sonoma, Pottery Barn to end false 'made in America' claims, pay $1M: FTC Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. Luxury kitchenware company Williams-Sonoma Inc. and its Pottery Barn unit have agreed to stop making unsubstantiated "made in ...
| |||||||
S&P downgrades city-owned hotel's bond rating due to coronavirus disruption The bond ratings for the the Baltimore Hotel Corp., the group that oversees the city-owned Hilton Baltimore, have been lowered to below investment grade. Jaclyn Borowski. By Amanda Yeager – Reporter, Baltimore Business Journal. Mar 30, 2020, 12:48pm ...
| |||||||
Sheetz in Kingston Twp. closes after employee tests positive for coronavirus TRUCKSVILLE, LUZERNE CO. (WOLF) — Sheetz in Trucksville, PA has announced that one of their employees tested positive for COVID-19. "Sheetz has been informed that an employee at our store location on Memorial Highway in Trucksville has tested ...
| |||||||
2 shot on Metro bus near SLU campus ST. LOUIS (KMOV.com) -- Two people were shot on a Metro bus Monday evening. Police did not release information on the victims' condition, but the shooting happened on the bus near the SLU campus at the intersection of Lindell and Grand. One of the ...
| |||||||
See large crowds at home improvement stores? Lowe's, Home Depot say they are enforcing social distancing guidelines CHARLOTTE, N.C. (WBTV) - Local home improvement stores have seen an influx of crowds despite the social distancing guidelines set by local, state and federal governments. Viewers sent WBTV photos and called with concerns. In one photo, crowds were ...
| |||||||
Postal worker in Northeast Philadelphia tests positive for COVID-19, spokesperson says NORTHEAST PHILADELPHIA - A postal worker in Northeast Philadelphia has tested positive for COVID-19, according to a U.S. Postal Service spokesperson. The employee works at the Bustleton Station Post Office. The U.S. Postal Service released the ...
| |||||||
Pettibone's critical infrastructure workers continue operations After careful deliberation amid the developing COVID-19 situation, Michigan-based Pettibone/Traverse Lift, LLC has announced it will continue in-person operations for essential employees. On March 23, Michigan Governor Gretchen Whitmer issued ...
| |||||||
Royal Caribbean Group extends Cruise with Confidence policy through September 1 MIAMI, March 30, 2020 /PRNewswire/ -- To address expanding global travel restrictions and provide peace of mind in guest travel planning, Royal Caribbean Group is extending its Cruise with Confidence cancellation policy through September 1, 2020.
| |||||||
UPMC: Employees will be paid at current rate through May 9 3 minutes ago. UPMC employees will be paid at their current rate for their normally scheduled hours even if they are assigned to a different job during the covid-19 pandemic, officials said Monday. UPMC said it is implementing a staffing and pay protection ...
| |||||||
Coronavirus Update: Major Changes Go Into Effect For Riders Using Muni, VTA SAN FRANCISCO (CBS SF) — With ridership tumbling during the San Francisco Bay Area's current shelter-in-place order, San Francisco's Muni system and the Santa Clara Valley Transportation Authority both deployed major changes to their operating ...
| |||||||
Prosecutor: Man claimed to have COVID-19 while touching 'everything' at Kroger Click here for updates on this story. Genesee County, MI (WNEM ) — If a global pandemic isn't scary enough, Genesee County Prosecutor David Leyton says a Mt. Morris man Johnathan David-Asher Miracle was allegedly attempting to spread COVID-19 ...
| |||||||
West Michigan coalition launches website to help businesses hurt by coronavirus GRAND RAPIDS, MI — A coalition of business associations and local governments on Monday announced the launch of a website that provides information to West Michigan businesses and workers who have been hurt by the coronavirus pandemic.
| |||||||
See more results | Edit this alert |
You have received this email because you have subscribed to Google Alerts. |
![]() |
Send Feedback |
No comments:
Post a Comment