Google Alert - finance

	finance As-it-happens update ⋅ April 29, 2020
	NEWS
	Forbes 4.8% GDP Drop Is The Beginning Of Tough Times That Need Plans Now Forbes If you've bought into the best happy face Wall Street has tried to keep on the future, with talk of whether a recovery would be V-shaped or U-shaped—time to stop. Things are getting bad and will become much worse. Robert Frick, corporate economist with ... Flag as irrelevant
	Forbes Pinned To Zero: Fed Funds Rate To Stay Low "Until Full Employment" Is Back In Sight Forbes Key Takeaways: Fed leaves rates unchanged, as expected, promising to keep them at zero; Rates won't rise again until full employment, inflation return, Fed says; Market rallies despite gloomy Fed picture as investors focus on drug trials. Today's Fed meeting ... Flag as irrelevant
	BBC News Coronavirus: US economy shrinks at fastest rate since 2008 BBC News The US economy suffered its most severe contraction in more than a decade in the first quarter of the year, as the country introduced lockdowns to slow the spread of coronavirus. The world's largest economy sank at an annual rate of 4.8%, according to official ... Flag as irrelevant
	Motley Fool After Alphabet's Post-Earnings Surge, Is It Still a Buy? Motley Fool Shares of Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) shot upward after its first-quarter earnings release, after much trepidation around how much the coronavirus might affect its portfolio of technology businesses. Google is a large-cap company, and it's ... Flag as irrelevant
	TheStreet Mastercard stock rockets higher after 'game-changing' e-commerce momentum MarketWatch Mastercard Inc. provided a more encouraging view of spending trends Wednesday than investors had been fearing, helping to give its shares a lift. Though the company saw a sharp contraction in spending as more countries imposed social-distancing ... Flag as irrelevant
	Wall Street Journal TREASURIES-Yields mixed as Fed keeps interest rates near zero Reuters (Recasts, updates yields, adds Fed statement, analyst comments) CHICAGO, April 29 - U.S. Treasury yields moved in mixed directions on Wednesday as the Federal Reserve repeated its vow to use every tool in its toolbox to rescue the coronavirus-ravaged ... Flag as irrelevant
	TheSpec.com Cannabis producer Canopy Growth lays off 200 amid restructuring MarketWatch Marijuana producer Canopy Growth Corp. CGC, +1.85% WEED, +1.36% said Wednesday that it had laid off 200 people across Canada, the United Kingdom and the U.S. as part of its ongoing restructuring plans first announced in February. U.S.-traded ... Flag as irrelevant
	TechCrunch Microsoft shares rise after the tech giant posts 15% growth TechCrunch Today Microsoft reported its third-quarter, fiscal 2020 quarter earnings, the period of time corresponding to Q1 2020 on the regular calendar. The technology giant generated $35 billion in revenue, up 15% from the year-ago period. That top line led to $13 ... Flag as irrelevant
	The New York Times MetaBank, Fiserv Win Contracts to Issue Visa Pre-Paid Cards for US Stimulus Cash The New York Times WASHINGTON — MetaBank and Fiserv won U.S. Treasury contracts to issue Visa Inc pre-paid cards loaded with coronavirus stimulus payments, according to two people familiar with the matter. Industry groups had pushed for Treasury's Internal Revenue ... Flag as irrelevant
	Business Insider The world's richest investors want stocks to drop before buying back in, UBS poll reveals Business Insider Investors and business owners are largely optimistic about the global economy's long-term trajectory, but 60% are waiting for a second stock market dip before buying more shares, a UBS poll published Wednesday revealed. About one-quarter of investors ... Flag as irrelevant
	CNN Boeing will cut 16000 jobs after posting a massive loss CNN New York (CNN Business) Boeing said it will slash staff and production after posting a massive first-quarter loss. Demand for air travel has evaporated during the coronavirus outbreak, and the aerospace company continues to reel from the 737 Max grounding ... Flag as irrelevant
	Fast Company Why TripAdvisor Stock Was Gaining Today Nasdaq Shares of TripAdvisor (NASDAQ: TRIP) were moving higher today as the travel-recommendation specialist benefited from tailwinds in the broad market today after the company announced yesterday that it would lay off about 25% of its staff, or more than 900 ... Flag as irrelevant
	Business Insider Uber is now lacking a COO, CTO, and CPO, among other high profile executive exits Business Insider With the resignation of Uber's long-time CTO, the company is now without at chief operating officer, a chief product officer, a chief marketing officer, and a chief technology officer. Uber has suffered other notable executive departures too in engineering, Uber ... Flag as irrelevant
	Business Insider How Starbucks plans to reopen 90% of stores by June and what the new normal for its coffee shops will look like Business Insider Starbucks plans have more than 90% of its locations open by June 1, with reopenings starting next week. As stores open again, most orders will take place by drive-thru, delivery, and the new "entryway hand-off" for mobile orders. In select stores that do allow ... Flag as irrelevant
	oregonlive.com Mortgage loans in forbearance skyrocket as homeowners navigate coronavirus crisis oregonlive.com Kelly Duvendack stopped accepting clients at her small Lake Oswego acupuncture clinic after Gov. Kate Brown banned all non-essential medical procedures on March 19 in response to the COVID-19 crisis. The ban is set to end Friday. Over a month after ... Flag as irrelevant
	Business Insider Car-rental giant Hertz is reportedly preparing for a potential bankruptcy after it missed lease payments Business Insider Hertz is preparing for a potential bankruptcy filing, The Wall Street Journal reported Wednesday. The situation is fluid, sources told the paper, as the company hopes to reduce lease payments by May 4. The company laid off 10,000 employees — more than a ... Flag as irrelevant
	Business Insider No, an artificial intelligence can't legally invent something — only 'natural persons' can, says US patent office Business Insider AI systems can't legally be considered inventors on patents, the US Trademark and Patent Office announced Monday, as first reported by The Verge. A group of patent lawyers had argued that a "creativity machine," called DABUS, should be listed as an ... Flag as irrelevant
	Nasdaq Shuttered salons, nail bars cast pall on Coty beauty sale - sources Nasdaq By Arno Schuetze and Pamela Barbaglia. FRANKFURT/LONDON, April 29 (Reuters) - German conglomerate Henkel HNKG_p.DE and U.S. buyout fund KKR KKR.N are holding off bidding for a portfolio of beauty brands that Coty Inc COTY.N is trying to sell as ... Flag as irrelevant
	KSTP Best Buy to open 200 locations to in-store appointments starting in May MarketWatch Best Buy Co. Inc. BBY, +3.59% announced on its blog that it will make in-store consultations available by appointment at 200 locations starting in May. "Since each customer's appointment will have a dedicated sales associate, there will be a limited number of ... Flag as irrelevant
	Fortune New York's attorney general calls for cutting cable fees tied to live sports programming Fortune Subscribe to Fortune's Outbreak newsletter for a daily roundup of stories on the coronavirus outbreak and its impact on global business. New York's top law enforcement officer asked the biggest cable and satellite television providers to cut or eliminate fees ... Flag as irrelevant
	Forbes Facebook Shares Jump Over 8% After Beating Q1 Revenue Expectations Forbes Shares of social media giant Facebook rose by more than 8% after the company reported first quarter earnings that beat revenue expectations, despite a slowdown in advertising sales during the coronavirus. Facebook News Tab. The company reported ... Flag as irrelevant
	St. Louis Business Journal Enterprise Holdings lays off over 2000, some permanently St. Louis Business Journal Global car rental giant Enterprise Holdings has laid off 2,060 employees, including permanently cutting some workers it previously placed on temporary layoff or furlough, the state of Missouri reported on its website Wednesday. In multiple Worker Adjustment ... Flag as irrelevant
	TechCrunch Juul is reportedly laying off 800 to 950 employees TechCrunch Juul is set to eliminate between 800 to 950 jobs, according to a new report from The Wall Street Journal. Those massive cuts would amount to around a third of the Bay Area vaping giant's entire workforce. While the news comes amid a deluge of layoff reports, ... Flag as irrelevant
	Supermarket News Schnuck Markets goes grab-and-go with local restaurant meals Supermarket News Schnuck Markets is coming to the aid of St. Louis-area restaurants during the COVID-19 pandemic by carrying an array of their menu items at select supermarkets. Schnucks said Wednesday that meals, side dishes, snacks and other offerings from six local ... Flag as irrelevant
	Aviation International News Travel Restrictions Thwart 1Q20 Gulfstream Deliveries Aviation International News This story is part of AIN's continuing coverage of the impact of the coronavirus on aviation. First-quarter deliveries at Gulfstream Aerospace were 33 percent lower than expected as Covid-19 travel restrictions hamstrung customer handovers, while ... Flag as irrelevant
	FiercePharma FDA Approves Niraparib for Advanced Ovarian Cancer Cancer Network The FDA approved niraparib (Zejula) for the maintenance treatment of adult patients with advanced epithelial ovarian, fallopian tube, or primary peritoneal cancer who are in a complete or partial response to first-line platinum-based chemotherapy.1. Efficacy ... Flag as irrelevant
	Bring Me The News Izzy's Ice Cream to permanently close its original location in St. Paul Bring Me The News At a troubling time for the food industry, another Twin Cities eatery is shutting down. Izzy's Ice Cream has announced that its original location on St. Paul's Marshall Avenue will close for good, per a message on its website by owners Lara Hammel and Jeff ... Flag as irrelevant
	Courier Journal Toyota pushes back the reopening of its Georgetown plant to May 11 in response to COVID-19 Courier Journal LOUISVILLE, Ky. — After announcing plans to reopen in early May, Toyota said Wednesday it is pushing back the rebooting of its North American manufacturing facilities, including its assembly plant in Georgetown, by one week. The Japanese automobile ... Flag as irrelevant
	UW News Solar researchers across country join forces with industry to boost US solar manufacturing UW News U.S. Manufacturing of Advanced Perovskites Consortium includes University of Washington, National Renewable Energy Laboratory, solar companies and universities throughout the nation. Working together with leading domestic solar companies, the ... Flag as irrelevant
	WKYT Slumping tech favorites pull major US stock indexes lower WKYT (AP) - Wall Street jostled to a mixed finish Tuesday, as former stalwarts ran out of momentum and some of the market's most beaten-down stocks turned into winners. This March 23, 2020 photo shows the New York Stock Exchange (NYSE) on the same day it ... Flag as irrelevant
	FOX 2 Detroit Detroit resuming essential construction projects, starting with affordable housing FOX 2 Detroit (FOX 2) - The city of Detroit is moving ahead on construction projects and starting with building affordable housing, officials announced Wednesday. Per city guidelines, contractors building projects purchased by the City of Detroit will be required to follow the ... Flag as irrelevant
	cleveland.com Ohio Supreme Court hears arguments over whether Amazon is at fault for Lorain County teen's overdose death cleveland.com COLUMBUS, Ohio—Is Amazon.com liable under Ohio's consumer-protection laws for the death of a Northeast Ohio teenager who overdosed on caffeine powder promoted by and purchased on the e-retail giant's website? The Ohio Supreme Court heard ... Flag as irrelevant
	Baltimore Business Journal Three restaurant chains post layoff notices for more than 1400 in Baltimore area Baltimore Business Journal More than 1,400 workers combined at locations of three popular restaurant chains — Outback Steakhouse, Carabba's and Bonefish Grill — in the Baltimore area are currently out of work as businesses continue to struggle through the Covid-19 pandemic. Flag as irrelevant
	WBAY Oshkosh Corp. announces plans for furloughs, salary cuts amid earnings dip WBAY OSHKOSH, Wis. (WBAY) - The COVID-19 pandemic has taken a toll on earnings for Oshkosh Corporation. The heavy equipment and defense company has announced cost-saving plans that include furloughs, lower salaries and temporary plant closures. Flag as irrelevant
	WHTC News Deutsche Bank CEO does not expect German banks to need bailouts WHTC News BERLIN (Reuters) - The chief executive of Deutsche Bank does not expect German banks will need to be bailed out because of the coronavirus pandemic like they were during the financial crisis, he said on television on Wednesday. "We are really dealing ... Flag as irrelevant
	FOX5 Las Vegas Wynn Resorts, UMC partner to provide free COVID-19 testing to employees FOX5 Las Vegas LAS VEGAS (FOX5) -- Wynn Resorts and University Medical Center announced a partnership Wednesday that would allow free COVID-19 testing to Wynn Las Vegas employees. Wynn Resorts officials said UMC's new lab allowed for increased testing ... Flag as irrelevant
	Tampa Bay Business Journal Tampa International Airport to install plastic shields, require employees to wear masks Tampa Bay Business Journal Tampa International Airport is preparing for passengers to slowly return to the airport, but there will be new rules to follow. "While we know there's an eagerness among our travelers and employees to resume our normal lives again, that new normal may look ... Flag as irrelevant
	Walla Walla Union-Bulletin Alaska Air Cargo begins testing passenger aircraft to fly critical cargo Walla Walla Union-Bulletin SEATTLE, April 29, 2020 /PRNewswire/ -- Alaska Air Cargo announced it will fly passenger jets as cargo-only flights to carry essential goods like mail, medical equipment, e-commerce packages and food throughout its domestic network. Filling the passenger ... Flag as irrelevant
	Kankakee Daily Journal Farmer's market reopens Saturday with drive-through service Kankakee Daily Journal The Farmers Market in downtown Kankakee makes its return on Saturday, but it won't be business as usual. In order to get the market open on time despite coronavirus-related restrictions, the market will operate on a drive-through basis to follow ... Flag as irrelevant
	PCMag.com YouTube Adding Fact-Check 'Information Panels' to Counter COVID-19 Misinformation PCMag.com YouTube already displays fact-checking information panels for longstanding conspiracy theories. But now the Google-owned service is applying the same approach to current news topics, including COVID-19. Michael Kan. By Michael Kan. April 28, 2020. Flag as irrelevant
	Law.com 'Pharma Bro' Martin Shkreli Should Not Be Freed to Research COVID-19 Cure, Prosecutors Argue Law.com If former pharmaceutical executive Martin Shkreli seeks to cure COVID-19, he can do so from prison, prosecutors argued Tuesday in their response to Shkreli's motion for release in the Eastern District of New York. Shkreli, who was sentenced to seven years ... Flag as irrelevant
	VICE Amazon, Whole Foods, Instacart Workers Organize a Historic Mass Strike VICE A series of work stoppages, sick-outs, and protests in recent weeks will culminate on Friday, May 1 in a historic strike organized by frontline workers at some of the country's largest corporations. Workers at Amazon, Whole Foods, Instacart, Walmart, Target, ... Flag as irrelevant
See more results | Edit this alert

You have received this email because you have subscribed to Google Alerts. Unsubscribe | View all your alerts

Receive this alert as RSS feed

Send Feedback