 | |||||||
| finance | |||||||
| NEWS | |||||||
Text: Statement from the ECB following policy meeting FRANKFURT, April 30 (Reuters) - Following is the statement from the European Central Bank following its policy meeting. FILE PHOTO: The European Central Bank logo. Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski. At today's meeting ...
| |||||||
The Coronavirus Has Cost Buffett $1.1 Billion in Annual Dividend Income Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett may well be the greatest investor of our time. We're talking about someone who first began investing in the stock market at age 11, and who built a roughly $10,000 nest egg in the 1950s ...
| |||||||
4 Thoughts Ahead Of Amazon's Earnings Much has been written about the retail sector's "War On Amazon." Over time, we've watched as competitors have rolled out initiatives and taken steps to adapt to the Amazon fueled world. But love it or hate it, by many counts, demand for the goods and ...
| |||||||
Ask Larry: How Can My Wife And I Determine If We Are Maximizing Our Social Security Benefits? Today's column addresses questions about optimizing benefits for married pule, back pay as a settlement from previous years, survivor benefits and the earnings test and spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the ...
| |||||||
US oil prices jump 16% early Thursday, aim for one-week high as pressure on crude relents Oil futures extended gains Thursday, aiming for the best settlement in more than a week for the battered commodity, with traders attributing some of the recent advance to signs that storage space for crude won't run out as quickly as feared. Hope that ...
| |||||||
Comcast First-Quarter Broadband Growth Tops Views, Coronavirus Hurts Advertising (Reuters) - Comcast Corp on Thursday reported its best quarter of broadband net additions in 12 years, but revenue fell shy of Wall Street's estimate as the coronavirus pandemic hurt advertising. In the first quarter, Comcast gained 477,000 broadband ...
| |||||||
PRECIOUS-Gold set for best month in 4 years as cenbanks unleash stimulus (Updates throughout, adds comments) * U.S. Fed keeps interest rates near zero * Gold up more than 9% so far this month * ECB policy decision due later on Thursday * For an interactive graphic tracking the global spread, open tmsnrt.rs/3aIRuz7 in an ...
| |||||||
Hefty coronavirus provision hammers profits at Lloyds Bank LONDON (Reuters) - Lloyds Banking Group's (LLOY.L) pretax profit was all but wiped out in the first quarter, after it joined the list of lenders hobbled by provisions against expected bad loans due to the coronavirus pandemic. FILE PHOTO: A man enters a ...
| |||||||
American Airlines Says It Will End Second Quarter With $11 Billion American Airlines, focused on maintaining liquidity, said Thursday it expects to conclude the current quarter with approximately $11 billion in liquidity thanks to cost cutting, CARES Act assistance, and cheaper fuel. Analysts had questioned whether American ...
| |||||||
Small businesses get COVID-19 relief in private grants, as Verizon boosts support to $7.5M Rafael Larios didn't expect Verizon to be a vital ingredient to the survival of his family's Los Angeles area restaurants. But since the two restaurants have been relying on deliveries due to the coronavirus pandemic, the family is striving to keep the business ...
| |||||||
McDonald's Profit Misses Estimates as Restaurants Limit Services (Reuters) - McDonald's Corp missed Wall Street estimates for quarterly profit on Thursday as most of its restaurants limited their services to delivery, drive-thru and take-away to curb the spread of the coronavirus pandemic. The world's largest fast-food ...
| |||||||
India's Reliance cuts pay of executives in oil-and-gas division - sources, letter NEW DELHI/MUMBAI (Reuters) - India's Reliance Industries has cut the pay of some top oil-and-gas division employees by up to 50%, according to six sources and a letter seen by Reuters, as it battles lower profitability because of the coronavirus epidemic.
| |||||||
Coach owner Tapestry sales plunge nearly 20% as coronavirus pandemic shuts vast majority of its stores Coach and Kate Spade owner Tapestry reported a nearly 20% drop in quarterly sales. Chief Executive Jide Zeitlin said the crisis materially weakened the retailer's results during the period. "No one is immune to the effects of this one hundred year storm," he ...
| |||||||
Visa gives Kenya's Safaricom 'missing link' for global payments NAIROBI (Reuters) - Visa (V.N) and Safaricom (SCOM.NR) have agreed a deal which will connect the Kenyan telecom operator's M-Pesa financial services platform with Visa's global network of merchants and cards. FILE PHOTO: Residents walk past a mural ...
| |||||||
Tesla CEO Elon Musk calls coronavirus lockdowns 'fascist' as company turns a profit Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Tesla CEO Elon Musk on Wednesday blasted the coronavirus lockdowns that have shut down life in the United States, calling public officials' directives to stay home ...
| |||||||
Zoom CEO's quarantine routine includes meditation, nonstop meetings Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. Quarantine Routine is a regular feature that asks political, business, sports and entertainment power brokers how their daily lives have ...
| |||||||
Coronavirus: Watchdog threatens legal action on holiday refunds Firms that fail to refund people for holidays and weddings cancelled because of the coronavirus outbreak could face legal action by the consumer watchdog. The Competition and Markets Authority (CMA) says it will take companies to court if they flout the law.
| |||||||
New York's craft breweries face sobering reality as pandemic continues Last September, Heather and Justin Grant launched a second taproom for Dublin Corners Farm Brewery on Main Street in Geneseo after starting their brewery in late 2016 in York. The future was exciting and promising for Livingston County's first craft ...
| |||||||
Denver's Best Takeout and Online Cinco de Mayo Celebrations Cinco de Mayo looks a little different this year, and while we won't miss drunken gringos in party-store sombreros doing Speedy Gonzales impressions, we will miss being able to settle in at our favorite neighborhood cantina to enjoy a platter full of great ...
| |||||||
The Human Cost of Cheap Meat Gets Higher in the Pandemic Working in a processing plant has always been grueling and dangerous. With Covid-19, it's even scarier. By. Peter Coy. @petercoy More stories by Peter Coy. April 30, 2020, 1:00 AM PDT. relates to The Human Cost of Cheap Meat Gets Higher in the ...
| |||||||
Norway eyes temporary tax relief for oil firms OSLO (Reuters) - Norway's minority government proposed on Thursday to temporarily change tax rules for oil firms in a bid to prevent a collapse in investments amid the COVID-19 pandemic, Prime Minister Erna Solberg said on Thursday. The plan could ...
| |||||||
Another glut of US unemployment applications is expected WASHINGTON -- The U.S. government is expected Thursday to issue another bleak report on the layoffs that have cut through America's workforce since the coronavirus forced businesses across the country to shut down starting last month. The Labor ...
| |||||||
Dunkin' Post Earnings Beat but Coronavirus Slams Same-Store Sales Dunkin' Brands (DNKN) - Get Report posted first-quarter results that beat analysts' forecasts as the donut and coffee fast-food chain managed to continue pumping out the coffee and donuts amid the coronavirus pandemic and subsequent economic shutdown ...
| |||||||
Singapore government determined to help Singapore Airlines overcome virus crisis - PM SINGAPORE, April 30 (Reuters) - The Singapore government is determined that its national carrier Singapore Airlines (SIA) will survive the COVID-19 crisis, Prime Minister Lee Hsien Loong said on Thursday. "SIA has always flown Singapore's flag high all ...
| |||||||
European economy suffers record drop amid pandemic FRANKFURT, Germany (AP) — The European economy shrank by a record 3.8% in the first quarter as business activity from hotels and restaurants to construction and manufacturing was frozen by shutdowns aimed at preventing the spread of the coronavirus ...
| |||||||
Taprooms and tasting rooms at breweries, wineries and distilleries can reopen May 1, TABC says AUSTIN, Texas — The Texas Alcoholic Beverage Commission (TABC) recently updated its guidance for restaurants reopening at 25% occupancy, adding taprooms and tasting rooms at breweries, wineries and distilleries into the mix – if they meet certain ...
| |||||||
HS farmers market set to reopen Saturday with numerous changes The Hot Springs Farmers & Artisans Market will open its main season on Saturday as scheduled after a close 4-3 vote by its board of directors last week, board President Meredith Finn said Wednesday. "Every two weeks we would really revote. We would look ...
| |||||||
Spain's Ravaged Economy Suffers Worst Quarterly Contraction on Record MADRID — Spain's economy shrunk by its biggest amount on record, 5.2%, in the first three months of 2020 due to the crippling impact of the coronavirus crisis, preliminary data showed on Thursday. The National Statistics Institute's figure was the worst since ...
| |||||||
British Airways announces 12000 redundancies amid global airline jobs massacre British Airways (BA) has announced plans to slash 12,000 jobs, nearly 30 percent of its workforce. Chief Executive Alex Cruz, on a basic salary of over £1.3 million, wrote to staff, saying, "There is no government bailout standing by for BA and we cannot expect ...
| |||||||
REFILE-Cargill expands plant-based protein food for China (Adds full name of KFC owner in China). BEIJING, April 30 (Reuters) - U.S. agribusiness giant Cargill said on Thursday it will introduce a range of plant-based food products to China following a successful trial of plant-based nuggets by Yum China Holdings ...
| |||||||
Report: Luckin Coffee Under SEC Investigation Over Accounting Scandal; Annual Report Delayed The U.S. regulator wouldn't be the only regulatory body taking an interest in the scandal-plagued Chinese company. Eric Volkman. (TMFVolkman). Apr 29, 2020 at 11:35PM. Author Bio. Eric has been writing about stocks and finance since the mid-1990s, ...
| |||||||
HUL Q4 results: Profit drops 3% to Rs 1520 crore; volume falls 7% NEW DELHI: FMCG major Hindustan Unilever on Thursday reported a 3.43 per cent year-on-year (YoY) drop in net profit at Rs 1,520 crore for March quarter, compared with Rs 1,574 crore in the same quarter last year. The profit figure missed ET NOW poll ...
| |||||||
Cruise lines extend coronavirus suspensions into summer MSC Cruises, Carnival, Royal Caribbean, Norwegian won't be back until June or July – or so they hope. Facebook; Twitter; Comments; Print; Email. By Cortney MooreFOXBusiness. close. CruiseCompete CEO Bob Levinstein on why vacationers are still ...
| |||||||
SocGen Swings to Loss on Higher Provisions, Equities Rout - Update --SocGen Swung to a first-quarter loss of EUR326 million compared with a profit of EUR686 million a year earlier. --Provisions for bad loans more than tripled, reaching EUR820 million. --Equities revenue shrank 99% to just EUR9 million. By Pietro Lombardi.
| |||||||
Bitcoin halving 'event' inspires record price predictions On 18 December 2017, after nearly two years of sustained gains, the price of bitcoin reached an all-time high of $20,000. Just over 17 months prior to the record value being hit, the cryptocurrency had undergone a rare event called a halving, which some ...
| |||||||
Market report: Investors take a punt on Flutter as it inks Stars deal The coronavirus outbreak has created a nation of bedroom gamblers, and investors took a turn to go all in today. Paddy Power owner Flutter shot to the top of the FTSE 100 as it pressed ahead with its £10 billion takeover of Sky Bet owner Stars Group.
| |||||||
Car dealers and manufacturers could be targeted by Extinction Rebellion activists today Activists from Extinction Rebellion could target car dealerships and manufacturers from today, according to a leaked document. Industry body the Society of Motor Manufacturers and Traders (SMMT) issued an official alert that warned that car showrooms, ...
| |||||||
CANJ, AtlantiCare announce plan to reopen AC casinos The Casino Association of New Jersey and AtlantiCare announced on Wednesday a new plan to safely reopen Atlantic City casinos once the state's stay at home orders are lifted. The collaboration, which is being developed by CANJ in consultation with ...
| |||||||
14 ways AWS beats Microsoft Azure and Google Cloud There are many good cloud companies that do a perfectly good job. You click and they deliver a root login to a running instance. All of them are good. Some even have areas where they're the best. None of them, though, manage to measure up to the breadth ...
| |||||||
Amid resort closures, refund demands, Vail aims to raise $500M Vail Resorts Inc. (NYSE: MTN) informed regulators Wednesday of plans for a private debt offering that seeks to raise $500 million for the struggling resort operator. Proceeds from the senior notes, due in 2025, will be used to support "general corporate ...
| |||||||
Coronavirus In Texas: Fort Worth Businesses Eligible For Microloans FORT WORTH (CBSDFW.COM) – The City of Fort Worth announced Wednesday it is working with PeopleFund to launch the Business Resiliency Microloan Program. The program is prepared to provide at least $850,000 to eligible businesses in Fort Worth ...
| |||||||
Health: Mesoblast pushes ahead to the next stage of testing for stem cell COVID-19 treatment Cellular medicine company Mesoblast Limited (ASX:MSB) has moved onto phase two (out of three) for its COVID-19 treatment, after getting promising initial results on US patients with moderate to severe symptoms. The company wants to find out whether its ...
| |||||||
| See more results | Edit this alert | |||||||
| You have received this email because you have subscribed to Google Alerts. |
 Receive this alert as RSS feed |
| Send Feedback |
No comments:
Post a Comment