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Jim Cramer reveals second-quarter playbook, says the quarter is 'going to be so ugly' "Just like the first quarter, I'm betting the second quarter will be bad — maybe not as bad as it could be, though," CNBC's Jim Cramer said. "Still going to be very tough, though, which is why you need to stick with the staples, the utilities and the ...
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Here's how much bitcoin beat the Dow and S&P 500 in the first quarter Bitcoin fell over 10% in the first quarter of 2020 posting smaller declines than major U.S. stock indexes. The Dow secured its worst first-quarter performance ever, losing more than 23% of its value in the first three months of the year. Meanwhile, gold was up ...
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PRECIOUS-Gold rises on flight to safety driven by pandemic fears (Adds comments, details and updates prices) * China's factory activity improves in March * SPDR Gold Trust Holdings rises 0.3% * Global death toll from coronavirus over 38,000 By Asha Sistla April 1 (Reuters) - Gold rose on Wednesday as fears over a ...
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Oil worker in BP's Alaska facility tests positive for coronavirus ANCHORAGE, Alaska (Reuters) - A worker at BP Plc's operation in Alaska's North Slope has tested positive for the novel coronavirus that has killed more than 42,000 people worldwide, the company confirmed on Tuesday. It is the first case at an Alaskan oil ...
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Japan's business mood hits seven-year low as virus revives deflation specter TOKYO (Reuters) - Japan's business confidence soured to levels not seen since 2013, a closely watched survey showed, as the coronavirus pandemic hit sectors from hotels to carmakers and pushed the economy closer to recession. FILE PHOTO: ...
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Banks That Are Waiving Fees During Coronavirus The United States now has the highest number of COVID-19 cases in the world, surpassing China, where the virus was first reported. Not surprisingly, the global spread of the coronavirus has wrought serious havoc on the national and global economy.
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RPT-China factory activity shows minimal growth in March after plunge, still in virus grip (Repeats to attach to alert. No change to text.) BEIJING, April 1 (Reuters) - China's factory activity improved in March after plunging a month earlier, a private survey showed on Wednesday, but the bare minimal growth highlighted the intense pressure facing ...
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European markets set to open lower after US warns of soaring coronavirus death toll London's FTSE index is set to open 114 points lower at 5,549, Germany's DAX is expected to open 178 points lower at 9,742 and France's CAC is seen 80 points lower at 4,307, according to IG. Italy's FTSE MIB is expected to open 244 points lower at 16,614.
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Breakingviews - Huawei's home safety net looks less sturdy HONG KONG (Reuters Breakingviews) - Huawei's homecoming may disappoint. Earnings hit $9 billion in 2019, although growth slowed as U.S. curbs whacked overseas handset sales. That has forced a refocus on China. Unfortunately local carriers are ...
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Loeffler reports more stock sales amid insider trading allegations U.S. Sen. Kelly Loeffler's most recent financial disclosures show that millions of dollars in stocks were sold on her behalf at the same time Congress was dealing with the impact of the coronavirus. The largest transactions — and the most politically problematic ...
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China stocks firm as fresh stimulus hopes lift risk appetite HK->Shanghai Connect daily quota used 2.3%, Shanghai->HK daily quota used 3.6%. FTSE China A50 +0.7%. SHANGHAI/Hong Kong, April 1 (Reuters) - China stocks on Wednesday started the second quarter of the year on a firm note, as investors ...
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GRAINS-Corn rebounds from 2-week low, USDA forecast caps gains SYDNEY, April 1 (Reuters) - U.S. corn futures edged higher on Wednesday, rebounding from a two-week low touched in the previous session, though a larger-than-expected estimate for North American production capped gains.
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'Watershed moment:" Chicagoans among first to test promising treatment for COVID-19 CHICAGO — A drug doctors have mentioned repeatedly as a possible therapy for COVID-19 holds out hope for reducing severity and duration of symptoms. And now Chicagoans will be first in line to test it. Inside the Medical Intensive Care Unit at ...
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Fred Meyer to temporarily boost pay for hourly employees during height of coronavirus crisis Most people are urged to stay home to slow the spread of coronavirus, but most grocery store employees have no choice but to be exposed to dozens of people every day. Fred Meyer is offering a temporary boost in pay to employees that are on the front lines ...
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Marriott says 5.2 million guest records were stolen in another data breach Marriott has confirmed a second data breach in three years — this time involving the personal information on 5.2 million guests. The hotel giant said Tuesday it discovered in late February the breach of an unspecified property system at a franchise hotel.
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Coronavirus-driven Zoom's privacy questioned as 'Zoombombing' escalates Some Zoom users have reported a new trend called 'Zoombombing' when internet trolls disrupt Zoom meetings. Facebook; Twitter; Comments; Print; Email. By Audrey ConklinFOXBusiness. close. Zoom CFO Kelly Steckelberg says her company is proactively ...
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Indian shares edge lower as coronavirus continues to spread ... * NSE, BSE indexes down 1.74%. * Coronavirus deaths in India climb to 35. BENGALURU, April 1 (Reuters) - Indian shares edged lower on Wednesday as coronavirus cases continued to rise in Asia's third-largest economy during an ongoing nationwide ...
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States most vulnerable to coronavirus-driven economic hit Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. The coronavirus pandemic has hit the U.S. economy hard as nonessential businesses across the country have been forced to close their ...
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Ala. AG taking steps to stop price gouging in response to coronavirus MONTGOMERY, Ala. (WSFA) - Alabama Attorney General Steve Marshall is taking the necessary steps to put a stop to price gouging brought on by the coronavirus. Alabama's price gouging law went into effect right after Gov. Kay Ivey declared a state of ...
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BlackBerry Q4 earnings better than expected, sales light ebook. Coronavirus and its impact on the enterprise. This TechRepublic Premium ebook compiles the latest on cancelled conferences, cybersecurity attacks, remote work tips, and the impact this pandemic is having on the tech industry. Read More. BlackBerry ...
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Rapid buses limit capacity to up social distance GRAND RAPIDS, Mich. (WOOD) — The Rapid transit service is now limiting capacity on all its buses as part of an effort to improve social distancing. DASH buses will have only 10 passengers at a time. Only 15 passengers will be allowed on Silver Line and ...
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Dior turns its hand to face masks in coronavirus battle PARIS, March 31 (Reuters) - French fashion label Christian Dior said on Tuesday one of its workshops had started to produce face masks for workers in supermarkets and other sectors still operating during the coronavirus outbreak, echoing moves by other ...
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Chef's and Chef's "On The Go" to temporarily close during COVID-19 pandemic To all our Loyal Customers and Friends: With the COVID-19 pandemic continuing to control our world as we know it, we at Chef's Restaurant and Chef's On The Go have had to make some very hard decisions. The Billittier Family have always been about ...
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Billionaire investor Steve Cohen: 'After an earthquake there are tremors' By Lawrence Delevingne. BOSTON (Reuters) - 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 ...
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Why Howard Marks is suddenly very worried Oaktree Capital founder and investing legend icon Howard Marks is clearly energised by the pandemic crisis. He wrote just five of his famous memos to clients in 2019; he's written two in the space of 10 days. Last week's note suggested while investors ...
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Neiman Marcus to furlough or cut pay for most of its 14000 employees Neiman Marcus plans to furlough a majority of its 14,000 employees or temporarily cut employee salaries, CEO Geoffroy van Raemdonck said in a statement. The Dallas-based luxury retailer has also extended the temporary closure of all of its stores until at ...
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What Tesla Analysts Expect From This Week's Q1 Delivery Report Electric vehicle manufacturer Tesla Inc (NASDAQ: TSLA), which was cruising along at a robust clip until the coronavirus pandemic struck, may have hit the brakes in the first quarter, according to analysts. The Tesla Analysts. Credit Suisse analyst Dan Levy ...
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Why Won't Kyle Turley Stop Spreading Misinformation about CBD and Coronavirus? Former NFL player Kyle Turley believes CBD can prevent and cure coronavirus—and he's not backing down on that clinically unsubstantiated claim despite pushback from marijuana legalization supporters and prohibitionists alike. In fact, he accused those ...
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Grocery Store COVID-19 Safety Faces Scrutiny After Third South Bay Worker Gets Sick SAN JOSE (KPIX 5) — A third grocery store employee has tested positive for coronavirus in San Jose, marking the third such infection within 10 days in the city. The latest developments about the sickened grocery workers underscores how widely the county's ...
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Madison Square Garden Company halting construction on MSG Sphere in Las Vegas due to COVID-19 LAS VEGAS (FOX5) -- The Madison Square Garden Company on Tuesday announced that it is halting construction on its MSG Sphere venue in Las Vegas as a result of COVID-19. The company said that it would implement a temporary suspension of ...
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Youngstown City Health District monitors COVID-19 cases, reports no business violations so far YOUNGSTOWN, Ohio (WKBN) — Youngstown officials say that city businesses have been following instructions from the state on how to handle the COVID-19 outbreak. Erin Bishop, head of the city health district, said inspectors have found no violations in ...
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COVID-19 concerns prompt changes at Salvation Army in Kalispell KALISPELL — The Salvation Army in Kalispell is announcing some changes due to the coronavirus (COVID-19) outbreak. While the Salvation Army is still open some modifications have been made for the safety of staff and clients. Recent Stories from kpax.
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Hy-Vee will reserve online shopping time slots for those considered high risk Hy-Vee, Inc. announced Tuesday that it will be reserving one hour of Hy-Vee Aisles Online shopping time slots each day for customers who are considered "high-risk." Aisles Online is Hy-Vee's grocery ordering service available at hy-vee.com/grocery/ or via ...
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Coronavirus Update: Opening Of Legoland New York Resort Postponed GOSHEN, N.Y. (CBSNewYork) – The opening of Legoland New York Resort has been postponed due to the coronavirus pandemic. The park was slated to open in Goshen, Orange County, on July 4. Now, its opening is on hold until sometime in 2021.
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Desperate hospitals are creating their own coronavirus test swabs with 3D printing Northwell Health, the University of South Florida (USF) Health and Formlabs worked together to develop new nasal swabs that can be easily 3D printed. The swabs are made of a plastic resin so as not to interfere with the viral genetic material. Northwell ...
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Brands look to logos to encourage social distancing McDonalds, Coca-Cola, Audi and Volkswagen have switched up their logos to spread the message of social distancing. Officials across the country have urged Americans to keep their distance from one another and avoid gathering in large groups to avoid ...
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Kalamazoo unanimously approves small business loans despite disrupted meeting KALAMAZOO, Mich. — In an unprecedented electronic meeting the Kalamazoo City Commission approved funds to help small businesses during the COVID-19 pandemic. The Kalamazoo City Commission meeting was held on the Zoom app for the first time ...
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About 3.7% of working Hoosiers lose jobs in one week, unemployment claims skyrocket by 6709% Preliminary unemployment claims in Indiana skyrocketed last week to 120,331, a staggering increase of 6,709% as compared to the same week a year ago. The Indiana Department of Workforce Development's Hoosiers by the Numbers data site reported that ...
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