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New York Attorney General Looks Into Zoom's Privacy Practices Zoom, the videoconferencing app whose traffic has surged during the coronavirus pandemic, is under scrutiny by the office of New York's attorney general, Letitia James, for its data privacy and security practices. On Monday, the office sent Zoom a letter ...
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Job cuts pile up, Ford to make ventilators at parts plant The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Monday related to the global economy, the work place and the spread of the virus. ______. AIR CARE: Britain's health ...
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Why some of America's best-known companies won't qualify for bailout money Macy's and Gap Inc. are furloughing most of their workers as their sales collapse — but they might not qualify for the massive backstop for companies that Congress just passed because their finances are so bad that their debt is rated as junk. The two iconic ...
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Australia stocks jump 3%; China due to release manufacturing numbers Stocks in Asia Pacific were higher in morning trade. The release of China's official manufacturing PMI for March will be watched by investors on Tuesday morning, expected to be out around 9:00 a.m. HK/SIN. Oil prices attempted to rebound in the morning of ...
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Harley-Davidson settles board fight with investor Impala (Reuters) - Harley-Davidson Inc (HOG.N) said on Monday it settled a board fight with Impala Asset Management just days after the investor began pressing to replace two directors at America's oldest and best-known motorcycle maker. FILE PHOTO: A ...
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Abbott Labs CEO on new coronavirus test launches: 'There's a need for more' Abbott Laboratories has received federal clearance for two coronavirus tests in as many weeks and the company is on a mission to develop even more diagnostic devices, CEO Miles White told CNBC on Monday. "I have to say while we're very pleased with ...
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China's March official factory activity unexpectedly expands after steep contraction BEIJING (Reuters) - Factory activity in China unexpectedly expanded in March after contracting sharply to a record low, but the rapid global spread of the coronavirus is expected to keep businesses and the overall economy under heavy pressure as foreign ...
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Free tacos! Taco Bell giving away freebie Tuesday as part of its coronavirus response Taco Bell usually saves its free taco giveaways for major sporting events like the World Series or the NBA Finals. But the fast-food chain is giving away free Nacho Cheese Doritos Locos Tacos on Tuesday in the drive-thrus of participating locations as part of ...
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Spirit cancels New York, Connecticut, New Jersey flights after CDC warning WASHINGTON (Reuters) - Low-cost U.S. carrier Spirit Airlines Inc said on Monday it will cancel all flights to and from New York, Connecticut and New Jersey after U.S. officials warned against travel to the area because of the COVID-19 pandemic. Spirit, which ...
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Facebook Throws Local News $100 Million Lifeline Amid COVID-19 Pandemic Facebook (NASDAQ: FB) is giving local news a lifeline amid the COVID-19 pandemic announcing a $100 million investment. In a blog post, Campbell Brown, vice president of global news partnerships at the social media giant, announced the company is ...
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Coronavirus: EasyJet grounds entire fleet of planes due to virus EasyJet has grounded its entire fleet of planes and said it cannot give a date for when they will restart. The budget airline said it had made the move due to the "unprecedented travel restrictions" imposed by governments globally due to the virus pandemic.
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Coronavirus forcing companies to slash dividends The economic slowdown caused by the COVID-19 pandemic will result in a sharp drop in dividends paid by S&P 500 companies, according to Goldman Sachs. Continue Reading Below. The firm sees S&P 500 dividends falling by 25 percent to $44 a share in ...
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FPL: Lowering rates 25% amid Coronavirus pandemic Florida — Tens of thousands of electric customers could soon pay less for electricity because of the coronavirus outbreak. Florida Power & Light which serves numerous counties in Northeast Florida is proposing to cut electric bills by 25% because of lower ...
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Dollar General to provide discount to first responders, medical personnel and guardsmen OKLAHOMA CITY (KOKH) — Dollar General announced Monday that the company will be giving 10% discounts to all active National Guardsmen, first responders and medical personnel. The discount will be offered at more than 16,300 stores. To receive the ...
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John Schnatter now owns just a slice of Papa John's after another big sale John Schnatter used to own more than a third of Papa John's, a company he founded in 1984. Now, after months of unloading chunks of his stake, he owns less than 4%. Schnatter began selling his more than 9.9 million shares in May 2019, and less than a ...
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Gas drops below $2 a gallon as Mainers stay at home due to coronavirus Click here for the latest coronavirus news, which the BDN has made free for the public. You can support this mission by purchasing a digital subscription. Gas prices are cheaper than they have been in about five years now that motorists are being urged to ...
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Kroger announces more than 1500 immediate job openings MORGANTOWN, W.Va. – Kroger has announced that it has more than 1,500 immediate openings in stores across West Virginia, Virginia, Tennessee, Kentucky and Ohio. The Mid-Atlantic division of Kroger already has hired more than 500 associates to help ...
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United Airlines: No job or pay cuts in short term, but airline likely will be smaller United Airlines President Scott Kirby told employees on March 27 that the company planned no furloughs or layoffs before Sept. 30, but could not say what would happen beyond then. United Airlines. By Lewis Lazare – Reporter, Chicago Business Journal.
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Powell's brings on 100 workers Powell's Books said this weekend it has hired "over 100" workers at full-time wage and benefit levels. A note posted on the company's website Friday wasn't clear as to whether the moves were rehires of about a quarter of those laid off two weeks ago.
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Columbia Sportswear CEO reportedly cuts his own salary to pay employees amid COVID-19 closures WASHINGTON - The CEO of Columbia Sportswear has reportedly cut his own salary while retail employees will continue to be paid during the mass business shutdowns implemented to slow the spread of the COVID-19 outbreak. According to the Oregonian, ...
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Enterprise Holdings announces furloughs as COVID-19 impacts travel business ST. LOUIS — With business and leisure travel severely impacted by changes made to limit the spread of COVID-19, St. Louis-based Enterprise Holdings announced furloughs for employees Monday. In a news release, the company said it asked "a number of ...
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Maven to Lay Off 9% of Staff, Revenue Reduced $30 Million From Pandemic Maven Media Brands (MVEN) said Monday it will be laying off employees and senior management will see a 30% reduction in their salaries as the coronavirus pandemic impacts the company's operations. CEO James Heckman, in a letter sent to employees, ...
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Ex-MGM CEO says virus task force working to find tests, gear LAS VEGAS (AP) — Nevada business leaders are hoping to leverage their global contacts as a shortcut to get the state medical supplies for fighting the coronavirus, former MGM Resorts International CEO Jim Murren said Monday. Murren, who left the giant ...
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Coronavirus (COVID-19) Update: FDA expedites review of diagnostic tests to combat COVID-19 SILVER SPRING, Md., March 30, 2020 /PRNewswire/ -- The U.S. Food and Drug Administration has been providing unprecedented flexibility to labs and manufacturers to develop and offer COVID-19 tests across the U.S. The FDA's regulations have not ...
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Air Canada To Furlough 16500 Employees And Slash Capacity From April 3rd, Air Canada will furlough 16,500 employees. This comes as the airline slashes capacity by 85-90% and faces the unprecedented COVID-19 pandemic. Air Canada to furlough 16,500 staff. From April 3rd, Air Canada announced that it will have ...
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Communicating Amid Coronavirus: FBI Warns Video Meeting Users Of 'Zoom-Bombing' SACRAMENTO (CBS) — Just when you thought it was safe to video conference without interruption, law enforcement is warning people of "Zoom-bombing." While more people are video conferencing using platforms like Zoom and Facetime, reports are ...
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Texas Roadhouse offering ready-to-grill steaks for curbside pickup ROCKFORD, Ill. (WTVO) — Texas Roadhouse announced Monday that it would be selling ready-to-grill steaks directly to the public due to grocery store shortages. "The decision to sell steaks was based on demand from guests. Restaurants are a vital part of ...
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YUM! Brands, Inc. Announces Proposed Notes Offering Yum! Brands, Inc. (NYSE: YUM) (the "Company") today announced that it has commenced an offering of $500 million aggregate principal amount of Senior Notes due 2025 (the "Notes"). The Notes will be the Company's general unsecured senior obligations ...
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Stress Baking More Than Usual? As the country shuts down city by city and families are being confined to their homes, one thing's for sure: Americans are baking. "I came home from work last week one night, I had just anchored 'All Things Considered,' and I was feeling anxious and like ...
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Lottery ticket worth $381000 sold in Ada County BOISE, Idaho — The Idaho Lottery says one lucky player has a winning ticket that's worth the top prize of $381,000 from Saturday night's draw of the Idaho Cash game. The winning ticket was sold in Ada County. The winning numbers were 07, 12, 13, 19, and ...
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