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Google under fire for squeezing travel startups hit by coronavirus refunds Google is facing anger from the German startup ecosystem for refusing to restructure ad payments linked to travel and transport bookings that were subsequently wiped out by the coronavirus crisis. TechCrunch has seen a letter addressed to Google that's ...
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After 'Trolls' spat, NBCUniversal chief says digital film releases are inevitable NBCUniversal Chief Executive Jeff Shell on Thursday re-affirmed his stance that more digital downloads of Universal Pictures are inevitable, doing little to assuage theater owners who have seen their businesses devastated by the coronavirus shutdown.
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Forget the Sourdough. Everybody's Baking Banana Bread. Vickie Jones normally isn't a fan of bananas. Even so, she grabbed a bunch while stocking up for an extended coronavirus lockdown at home in Harlingen, Texas. It seemed a good idea until the bananas, abandoned on the kitchen counter, turned brown.
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Why Shares of Shell and Chesapeake Tanked on 4/30, but Matador Rallied Energy companies like Shell and Chesapeake Energy nosedived at the open on bad news, while news pushed Matador in a different direction. Reuben Gregg Brewer. (TMFReubenGBrewer). Apr 30, 2020 at 11:55AM. Author Bio. Reuben Gregg Brewer ...
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Weak oil prices crush Ambani-led Reliance's profit BENGALURU (Reuters) - Reliance Industries Ltd's quarterly profit fell for the first time in three years as a slump in crude prices due to the coronavirus hammered its dominant energy businesses. FILE PHOTO: The logo of Reliance Industries is pictured in a ...
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British Airways plans to lay off a quarter of pilots: letter PARIS (Reuters) - British Airways is seeking to lay off a quarter of its pilots as it slashes costs to weather the coronavirus crisis, according to a letter sent to their union and seen by Reuters. FILE PHOTO: Tail Fins of British Airways planes are seen parked at ...
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Gold set to snap 4-session skid, poised for biggest monthly percentage rise in 10 months Total gold investment demand climbed by 80% year-over-year to a four-year high of 539.6 metric tons in the first quarter: WGC. Gold futures on track for biggest monthly percentage climb since June 2019. Getty Images/iStockphoto. Email icon; Facebook icon ...
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American plans to shrink, says no hubs will close: 'No way to overstate the gravity of this situation' With no signs travel will bounce back from the coronavirus fallout anytime soon, American Airlines executives are crafting a plan to significantly shrink the airline, a move that will sting passengers and employees. "While no one has a perfect crystal ball, I think ...
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Comcast struggles as theme parks, movies, and sports suddenly disappear With theme parks and movie theaters closed and major sports events canceled, there were few parts of Comcast's business that didn't feel the impact of the novel coronavirus pandemic in the first quarter of 2020. And company executives said on Thursday ...
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US FDA gives broader approval to GSK's Zejula for ovarian cancer (Reuters) - The U.S. Food and Drug Administration on Wednesday cleared expanded use of GlaxoSmithKline Plc's Zejula as a first option to keep advanced ovarian cancer at bay in women who have responded to chemotherapy. FILE PHOTO: FILE PHOTO: A ...
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Boeing Reports a Massive Q1 Loss: Is Now a Good Time to Buy? Boeing (NYSE:BA) lost $1.35 billion in the first quarter, burning through $4.7 billion in the process. On a per-share basis, the company lost $1.70, $0.09 worse than estimates, and revenue came in $400 million below expectations. But investors knew the ...
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Fed Expands 'Main Street' Program to Firms With Up to 15000 Workers WASHINGTON — The U.S. Federal Reserve on Thursday widened a key program to nurse the "Main Street" economy through the coronavirus pandemic, agreeing to lend to even larger firms, taking on more risk in participation with banks, and hinting at some ...
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'It's safe to go back to work' — Dow CEO sees its strict plant screenings as 'best practices' Dow Inc. CEO Jim Fitterling on Thursday detailed how the company is continuing to operate its plants and labs while trying to protect workers from the coronavirus. "We're working safely. We're sharing those best practices with governments around the world," ...
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Trump's order to open meat plants brings anxiety to one Iowa town where 90% of COVID-19 cases are tied to Tyson DES MOINES, Iowa – Local officials worry that President Donald Trump's executive order requiring meatpacking plants to remain open could threaten the health of 2,800 workers at the Tyson plant that closed last week because of a COVID-19 outbreak.
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Chick-fil-A is launching its meal kit nationwide for the first time Chick-fil-A is launching its chicken parmesan meal kit on May 4 nationwide for the first time, the chain announced on Thursday. The meal kit starts at $14.99, feeds two, and contains breaded chicken, garlic lemon pasta, marinara sauce, and Italian-style ...
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What Does Remdesivir, Possible Treatment For Coronavirus, Do? DENVER (CBS4) – The Food and Drug Administration is ready to approve a treatment for the coronavirus. It's a drug called Remdesivir, made by Gilead Sciences Inc. The drug has been in trial testing in a couple of Colorado hospitals, and Colorado ...
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Energy demand is set to plummet this year as coronavirus presents the biggest shock since World War ll, IEA says Energy demand could plunge 6% this year, the largest in 70 years in percentage terms and the largest ever in absolute terms, according to a Thursday report from the International Energy Agency. The IEA's forecast would be more than seven times larger than ...
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Twitter Gains Users, Beats Estimates but Ad Trends Alarm Investors OAKLAND, Calif. — Twitter Inc on Thursday reported higher first-quarter revenue and a smaller loss than analysts had expected amid the coronavirus pandemic, but its shares fell as investors fretted about potential weakness in the second quarter. The San ...
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Frontier And JetBlue Will Start Requiring Passengers To Wear Masks, United And Others Aren't Yet WATCH LIVE. (CBS4/CNN) – Airlines are rolling out new policies aimed at protecting passengers and crew from coronavirus transmission and increasing consumer confidence in air travel safety. Here's where some major carriers stand so far on personal ...
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Coronavirus: People are having less sex in lockdown, says Durex boss The boss of Reckitt Benckiser, which owns Durex condoms, has said people are having less sex because of the coronavirus crisis. Laxman Narasimhan said condom sales fell in most markets, including the UK, during March as lockdowns limited ...
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Kellogg's Eggo waffle sales soar 45% in March as consumers eat breakfast at home Kellogg reported higher Eggo waffle and cereal sales as the coronavirus pandemic forces more consumers to eat breakfast at home. Fast-food chains like McDonald's are seeing their breakfast sales plunge further than those for lunch or dinner. watch now.
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30 million have sought US unemployment aid since virus hit WASHINGTON (AP) — More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s. Roughly 30.3 million people have now filed for ...
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Blockchain Startup Fireblocks Surpasses $30 Billion In Transfers Fireblocks announced today that their services had been used to secure $30 billion in digital asset transfers, cumulatively since their June 2019 launch. Last November, Forbes reported the Start-up moving $2.5 Billion. The Company also said that they are ...
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Facebook points to 'signs of stability' as ad declines flatten Facebook cautioned Wall Street on Wednesday that it could face intensifying difficulties in its advertising business from the coronavirus pandemic but also indicated that the toll would not be deep. The company, which reported rising revenue and profit for the ...
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Coach Parent Tapestry to Cut More Jobs as Losses Widen Luxury nameplate Tapestry (NYSE:TPR) reported a wider-than-expected fiscal third-quarter loss as the COVID-19 pandemic forced the closure of 90% of its stores. To cope with the decline, the owner of handbag makers Coach and Kate Spade and high-end ...
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Brazilian data protection regulations postponed to 2021 The Brazilian government has postponed the country's general data protection regulations to May 2021. The GDPR-equivalent framework would be introduced in August 2020. This is the second time the go-live date for the regulations gets moved, as the rules ...
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US Mortgage Rates at All-Time Lows; 30-Year Loan at 3.23% WASHINGTON — Long-term mortgage rates tumbled to all-time lows this week as the economy and housing market continued to reel from the business and social shutdown spurred by the coronavirus pandemic. The average rate on the benchmark 30-year ...
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Road near Bezos home vandalized with 'PROTECT AMAZON WORKERS' graffiti Bezos paid $23 million for the former Textile Museum in Washington's swanky Kalorama neighborhood in 2016. Facebook; Twitter; Comments; Print; Email. By Audrey ConklinFOXBusiness. close. Fox Business Flash top headlines are here. Check out what's ...
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Zoom Shares Fall as It Pulls Back Claim of 300 Million Daily Active Users Shares of Zoom Video Communications (ZM) - Get Report fell Thursday after the videoconferencing darling pulled back on claims that it has 300 million daily active users. The Verge discovered that Zoom quietly edited a blog post from earlier this month that ...
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CBD And Coronavirus: What You Need To Know About Cannabidiol And COVID-19 By The Fresh Toast's Brendan Bures, provided exclusively to Benzinga Cannabis. A roundup of the latest reports examining the relationship between CBD and the novel coronavirus. Coronavirus-related scams and fraudulent advertising have surged over the ...
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Bollinger B2 chassis cab could be your future electric workhorse This rig's still all electric. Bollinger. The automotive industry's compass points toward an electric future, and that will include all types of commercial vehicles as well. Startup Bollinger wants in on the future, so it's gone ahead and created what you see here.
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Older Vapers Are Turning Back to Cigarettes, Marlboro Maker Says Older smokers who had switched to e-cigarettes are turning back to traditional cigarettes because of negative news coverage and regulatory crackdowns on vaping, Marlboro maker Altria Group Inc. said Thursday. But those people are mostly buying discount ...
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Dunkin' delivers coffee, baked goods to Saratoga Springs Police Department SARATOGA SPRINGS, N.Y. — Members of the Saratoga Springs Police Department received a sweet treat from their local Dunkin' on Wednesday in appreciation for their work during the coronavirus pandemic. Spa City Dunkin' franchisee Tom Burke ...
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Carlyle Group Reports a Loss, Withdraws Forecasts The coronavirus pandemic has slammed the Carlyle Group, which reported a first-quarter net loss of $612 million, or $1.76 a share. Carlyle (ticker: CG) reported a profit of $137 million, or $1.18 diluted earnings per share, a year earlier. The Washington, D.C. ...
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Samantha Bee Exposes Trump's Giant 'Fuck You' to the Postal Service "While we're all trying to do the most to stay sane during the pandemic, the president is doing literally the least," Samantha Bee says at the top of her latest episode of Full Frontal from the woods behind her house. In this exclusive clip from the late-night show, ...
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Las Vegas company invents 'self-cleaning' slot machine divider LAS VEGAS (FOX5) -- A Las Vegas-based start-up invented a slot machine divider that they said cleans itself. "We asked ourselves what in nature naturally combats germs? And how can we harness that power and apply it to a casino environment?
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Should real estate buyers move forward during COVID-19? No matter what industry you are in, you're most likely feeling the effects of the coronavirus pandemic. Real estate is no different. The uncertainty is making a lot of buyers think twice before signing on the dotted line for their new office, retail location, warehouse ...
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Finablr's debt pile swells to over $1 billion Finablr's problems started to surface after US shortseller Muddy Waters took aim at NMC Health, which was also founded by Shetty. Finablr, the embattled payments group majority-owned by BR Shetty, said on Thursday it might have nearly $1 billion more in ...
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Unemployment claims decrease statewide, over 5700 new claims in Horry County HORRY COUNTY, S.C. (WMBF) – Over 5,700 people in Horry County filed for unemployment benefits for the week ending April 25, the third highest number of claims in the state, according to statistics released Thursday. The S.C. Department of Employment ...
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Sensex surges 997 points, posts best monthly show since 2009 Mumbai: Benchmark equity indices rallied for the fourth session in a row on Thursday, buoyed by gains in Asian peers after positive partial results from a trial of Gilead's antiviral remdesivir, which showed the drug could help speed recovery from COVID-19.
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Don't 'drop workers': Companies and workers should take the long view, says PM Lee in May Day message Employers should make every effort to keep their workers and help them through the difficult COVID-19 outbreak period, said Prime Minister Lee Hsien Loong on Thursday (Apr 30) in his May Day message. Brandon Tanoto reports. 2 related media assets ...
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Warren Buffett: Influencers with Andy Serwer [Transcript] Ahead of the Berkshire Hathaway Annual Shareholders Meeting on Saturday, May 2, 2020, legendary investor and Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett sat down with Yahoo Finance editor-in-chief Andy Serwer at Berkshire's ...
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Contactless credit card payments show huge increase over Covid lockdown A recent Mastercard study shows South African consumers are making making the move to contactless payments for everyday purchases to minimise the risk of Covid-19 spread. In a Mastercard global consumer study, 75% of South African consumers said ...
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Canadian Starbucks stores preparing to re-open for walk-ins The crazy line-ups many of us have witnessed at Starbucks drive-thrus may be about to end. Starting this week, Starbucks Canada is preparing to resume operations in as many stores as possible by the end of May. article continues below ...
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Colorado casinos went bust when coronavirus hit. Here's why they see a lucky streak ahead. BLACK HAWK — Sean Demeule leans over the railing and surveys a silent sea of slot machines in the state's largest casino. COVID-19 IN COLORADO. The latest from the coronavirus outbreak in Colorado: MAP: Known cases in Colorado. WRITE ON ...
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