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US-Saudi oil alliance idea born at White House, put on back burner for now WASHINGTON (Reuters) - Top U.S. officials have for now put aside a proposal for an alliance with Saudi Arabia to manage the global oil market, according to three sources with knowledge of the matter, an idea one of them said came from White House ...
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Disputed Canada-US Oil Pipeline Work to Start in April BILLINGS, Mont. — A Canadian company said Tuesday it plans to start construction of the disputed Keystone XL oil sands pipeline through the U.S. Midwest in April, after lining up customers and money for a proposal that is bitterly opposed by ...
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GM turns shuttered Warren plant into face mask supplier General Motors is working with the United Auto Workers 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 in Michigan. GM will start making the masks on ...
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Billionaire investor Steve Cohen: 'After an earthquake there are tremors' Billionaire trader Steven A. Cohen is cautioning the staff of his investment firm, Point72 Asset Management, to remain cautious amid markets that have recovered slightly from coronavirus-driven lows. "Markets don't come back in a straight line; after an ...
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Tesla created a 'public health risk' by keeping car factory open, local official said Tesla announced on March 19th that it would temporarily shut down its electric car factory in California, after back-and-forth with local officials about whether the plant was subject to a county-wide coronavirus shelter-in-place order. But the Silicon Valley ...
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Instacart's COVID-19 warning to some workers: You might've been exposed Instacart's business has been better than ever with shelter-in-place mandates. Rafael Henrique/SOPA Images/LightRocket via Getty Images). For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website. Instacart has ...
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Notable ETF Inflow Detected - ACWI, PG, HD, NFLX Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI ACWI ETF (Symbol: ACWI) where we have detected an approximate $996.0 million dollar inflow -- that's a ...
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10 NYC playgrounds closing after drawing crowds amid coronavirus lockdown Ten city playgrounds that are still drawing crowds amid the coronavirus outbreak will be shuttered late Tuesday, Mayor Bill de Blasio said. Hizzoner has resisted calls to close city parks and playgrounds — instead trusting New Yorkers to police their own ...
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Xerox abandons $35 billion hostile bid for HP: sources (Reuters) - Xerox Holdings Corp (XRX.N) decided on Tuesday to abandon its $35 billion hostile cash-and-stock bid for HP Inc (HPQ.N) after the coronavirus outbreak put the brakes on its takeover campaign, according to people familiar with the matter.
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Why Dollar General Stock Was Gaining Today Shares of Dollar General (NYSE:DG) were on the rise today as the discount retailer got an upgrade from Wells Fargo. The retailer has emerged as one of several brick-and-mortar chains that is well-equipped for the coronavirus crisis, as it sells consumables ...
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Royal Caribbean evacuates ill crew members from two cruise ships Two of the world's largest cruise ships have evacuated crew members over respiratory issues against the backdrop of the toll that the coronavirus is taking at sea. One crew member was medically evacuated from Oasis of the Seas and one from Symphony of ...
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AT&T, Verizon CEOs talk coronavirus connection plans with Trump Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. A group of telecom network companies' CEOs updated President Trump on their status amid the coronavirus pandemic Tuesday.
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What You Should Know About Mortgage Forbearance Concerned about making your next mortgage payment? Forbearance may be an option. Working with your lender to get forbearance helps you avoid late penalties and avert the risk of foreclosure. If you've experienced a financial hardship, here's what you ...
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Comcast launches home schooling resources on Xfinity Comcast has launched educational content on Xfinity on Demand. Comcast. Comcast has announced bringing 2,000 hours of kids' shows and movies to Xfinity on Demand streaming video customers for free. It's part of the internet provider's aim of providing ...
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Lenders blocked plan to protect Americans' credit scores amid coronavirus Cash-strapped Americans — even those who lost their jobs — can't expect to catch a break on their credit report if they miss a loan, rent or mortgage payment because of the coronavirus pandemic, a new report said Tuesday. The powerful financial industry ...
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Ford postpones reopening 'key' plants due to coronavirus pandemic Ford on Tuesday said it is delaying the restart of a car plant in Mexico as well as four truck SUV and van plants in the U.S. " to help protect its workers." The plants were scheduled to begin reopening in April. The postponement comes two days after President ...
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Tyson Foods awards $60M in bonuses to frontline workers, truckers in wake of COVID-19 pandemic DAKOTA DUNES -- Tyson Foods, metro Sioux City's largest employer, said Tuesday it will hand out about $60 million in bonuses to 116,000 frontline workers and truckers as a "thank you" for their efforts during the COVID-19 pandemic. Eligible workers will ...
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Apparel maker Carhartt to make masks, gowns for health care workers Dearborn apparel maker Carhartt said Tuesday it would produce medical gowns and masks for health care workers facing a shortage of critical supplies as they treat an increasing number of coronavirus patients. The workwear brand said it will make 50,000 ...
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Economy On Lockdown: Jobless Rate Could Be Highest Since WWII With millions of American workers suddenly idled in an effort to slow the spread of the coronavirus, the United States appears poised to go from the lowest unemployment rate in half a century to the highest since World War II. Forecasters at Oxford Economics ...
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Williams-Sonoma agrees to curb made-in-US claims WASHINGTON — Williams-Sonoma will pay $1 million and has agreed to stop claiming certain products were made in the United States, under a settlement with the Federal Trade Commission. According to an FTC release, the Top 100 company "agreed to ...
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Michigan AG: Joann Fabrics must close to in-store customers during coronavirus order LANSING — The Michigan Attorney General's Office has warned the craft retail chain Joann Fabrics to close its doors to in-person shoppers under a statewide executive order intended to limit the spread of the novel coronavirus. In a "stay home, stay safe" ...
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Over 2000 Michigan companies hiring despite mass layoffs due to the coronavirus pandemic, state says An enormous number of Michigan residents have been laid off amid the coronavirus pandemic, but Michigan officials want to remind job-seekers that more than 2,000 employers are still hiring. "While many Michiganders are being displaced from work, ...
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Norfolk Zoom class hijacked, 'inappropriate materials' shared with students NORFOLK, Va. (WAVY) — A Zoom meeting between a local private school teacher and her students was hijacked by someone who shared inappropriate materials with the class, 10 On Your Side has confirmed. Many teachers have switched to digital ...
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Federal Reserve Sets Up Repo Facility for Foreign Central Banks To Ease Dollar Funding Stress The U.S. Federal Reserve unveiled a special lending operation for foreign central banks Tuesday as part of its latest effort to ease dollar funding costs in markets and economies around the world. The Fed will allow foreign and international monetary ...
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GM Delays Updated Chevy, GMC, and Cadillac Models: Report General Motors has paused development of several updated models due to the effects of the COVID-19 pandemic, according to a report from Reuters which cites a memo that the automaker sent to suppliers. Arrival dates for mid-cycle updates to vehicles ...
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Comcast Peak Network Usage Surged 32% Since March 1 With consumers forced to shelter in place due to the coronavirus pandemic, television viewing is surging. Comcast (NASDAQ:CMCSA) says peak network traffic has spiked 32% since March 1, and in some areas has shot 60% higher. However, the cable giant ...
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Domino's Pizza® Announces Move to Virtual-only Annual Shareholder Meeting for 2020 ANN ARBOR, Mich., March 31, 2020 /PRNewswire/ -- Domino's Pizza, Inc. (NYSE: DPZ), the largest pizza company in the world based on global retail sales, announced today that its 2020 Annual Meeting of Shareholders will be held in a virtual meeting ...
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Bon Secours temporarily furloughs employees not working directly on COVID-19 response RICHMOND, Va. (WWBT) - Bon Secours said in a statement that it will temporarily furlough employees who are not working directly with the coronavirus response. Around 700 total full-time employees across seven states and 12 markets have been ...
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Beware of scams tied to government coronavirus stimulus checks OLYMPIA, Wash. -- With checks soon coming to millions of Washington residents from the U.S. government as part of the coronavirus stimulus package, some con artists are already hard at work. The federal government will never ask you to confirm your ...
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Giant Eagle converting store to curbside-pickup-delivery center AKRON, Ohio - The Howe Avenue Giant Eagle will be converted temporarily into a center for curbside pickup and delivery services, the grocery-store company announced Tuesday. The transition is expected to enable the company to increase the number of ...
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Coronavirus Latest: Whole Foods Workers Planning Sickout, Demanding Hazard Pay During COVID-19 Crisis PHILADELPHIA (CBS/CNN) – Some Whole Foods workers are planning a "sickout" strike Tuesday to demand better conditions during the coronavirus crisis. Their demands include getting double pay for the hazards of working during the outbreak. They also ...
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Greektown Casino-Hotel gives free rooms to Detroit first responders Greektown Casino-Hotel in downtown Detroit is offering nearly 50 of its rooms for free to Detroit police officers, firefighters and emergency medical technicians during the coronavirus pandemic to ease their worries about potentially spreading the virus at home ...
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FedEx Ground hiring for 300 positions in Denver DENVER– FedEx announced on Tuesday that it plans to hire for 300 positions in Denver due to a critical demand for service. FedEx is an essential business and we take seriously our responsibility to continue delivering critically needed supplies as the ...
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Microsoft corrects '775 per cent cloud usage surge' claim: Big number only applied to Teams and only in Italy Microsoft has corrected its own claim that it had "seen a 775 per cent increase of our cloud services in regions that have enforced social distancing or shelter in place orders". The software giant has now updated the post - and published a correction with the ...
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Does Insurance Cover Business Losses Resulting From COVID-19? Several lawsuits have already been filed seeking to recover losses caused by the loss of business from COVID-19. Many more are sure to follow. Most businesses carry insurance for business interruption claims as part of the coverage they secured to protect ...
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State grocery chains agree to limit number of shoppers in stores Supermarket chains statewide will implement more rules to separate shoppers based on tougher restrictions ordered Sunday in Norwalk to battle the coronavirus. "We're trying to do the best we can to make sure people are safe," said Wayne Pesce, who runs ...
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Free food give-away amid coronavirus causes this incredible Pa. traffic jam It is sign of the times: Stay at home – unless free food is available. Then, it's anything goes. Such was the incredible scene – lines of cars for miles – as hundreds tried to get help from the Greater Pittsburgh Community Food Bank Monday, as WPXI-TV reports.
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Ventilator Maker's 2012 Merger Spurs Query From FTC Official A member of the U.S. Federal Trade Commission says the agency should review its 2012 decision to approve the acquisition of a small ventilator company by medical-device maker Covidien Ltd., a deal that may have stymied a government effort to produce ...
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