Google Alert - finance

	finance As-it-happens update ⋅ April 30, 2020
	NEWS
	Wall Street Journal Small Oil Drillers Are Turning Off Taps More Quickly Than Anticipated Wall Street Journal Small U.S. oil companies are shutting off wells faster than expected, as prices fall below what it costs them to pump the crude out of the ground. The collapse that sent U.S. benchmark prices into negative territory last week persuaded many smaller-scale, ... Flag as irrelevant
	Reuters ECB PEPP talk falls flat, keeps 'junk' bond buying open Reuters FRANKFURT (Reuters) - The European Central Bank kept much of its remaining powder dry on Thursday, reaffirming its vast bond buying scheme and dishing out more crisis funding — but holding powerful options like junk-debt buying back in reserve. Flag as irrelevant
	Reuters Transition to low-carbon energy may accelerate after crisis: Shell Reuters LONDON (Reuters) - The ongoing transition to low-carbon energy sources may accelerate as economies recover from the impact of the coronavirus crisis, the head of oil and gas company Royal Dutch Shell said on Thursday. FILE PHOTO: The logo of Royal ... Flag as irrelevant
	TechCrunch With fresh support from its billionaire backers Pivot Bio is ushering in a farming revolution TechCrunch In the first decade of the twentieth century two German chemists, Fritz Haber and Carl Bosch, invented fertilizer — the nitrogen compound which ushered in modern agriculture and saved the world from potential starvation. Now, over a century later, a new ... Flag as irrelevant
	Reuters Millions of Americans continue to seek jobless benefits; consumer spending tanks Reuters WASHINGTON (Reuters) - Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures and disruptions related to the coronavirus. Flag as irrelevant
	The New York Times US Consumer Spending Plunges Record 7.5%, Reflecting Virus The New York Times WASHINGTON — U.S. consumer spending plunged 7.5% in March, reflecting the growing impact of the coronavirus pandemic as Americans complied with stay-at-home orders. The Commerce Department said that the spending decline was the sharpest ... Flag as irrelevant
	U.S. News & World Report US Jobless Claims Soar Past 30 Million; Europe Reeling Also U.S. News & World Report By DAVID CRARY, JOHN LEICESTER and DAVID McHUGH, Associated Press. NEW YORK (AP) — The number of Americans filing for unemployment benefits because of the coronavirus has soared past 30 million, worsening a crisis unmatched since the ... Flag as irrelevant
	The New York Times American Airlines Posts $2.2 Billion Loss During Pandemic The New York Times DALLAS — American Airlines reported a staggering loss of $2.24 billion for the first quarter, when the coronavirus pandemic triggered a sharp drop in air travel. The airline's revenue fell 19% while costs continued to rise even as the virus spread. The situation ... Flag as irrelevant
	Kitco NEWS Yamana Gold Turns To Profit In Q1 Nasdaq (RTTNews) - Yamana Gold Inc. (YAU.L, YRI.TO, AUY) reported that its first-quarter net earnings were US$45.0 million or US$0.05 per share compared to a net loss of US$4.1 million or break even per share a year earlier. Adjusted net earnings of US$47.2 ... Flag as irrelevant
	Reuters Government will ensure Singapore Airlines survives virus crisis: PM Reuters SINGAPORE (Reuters) - Singapore's prime minister said on Thursday the government would ensure that national carrier Singapore Airlines (SIA) (SIAL.SI) survives the COVID-19 crisis, but warned that the economy would have to open up slowly and some ... Flag as irrelevant
	USA TODAY 10 COVID-19 scams spreading right now that people are falling for USA TODAY The numbers are staggering. The Federal Trade Commission says coronavirus-related scams have cost Americans $13.4 million so far this year. Google blocks more than 100 million phishing emails every day as criminals try to steal money and personal ... Flag as irrelevant
	Wall Street Journal Lysol Maker Bets Cleaning Boom Will Outlast Coronavirus Wall Street Journal Consumers are cleaning their hands and homes more during the coronavirus pandemic, a trend makers of big hygiene brands are betting will outlast the Covid-19 crisis. Lysol owner Reckitt Benckiser Group RBGLY 3.94% PLC on Thursday reported a surge ... Flag as irrelevant
	Detroit Free Press Worries continue over meat shortages as processing plant workers get sick Detroit Free Press Despite dire predictions of pending meat shortages, sporadic empty shelves and stores limiting the amount customers can buy, there is plenty of chicken is in the supply chain, industry sources say. But concerns continue about the pork industry — and beef to ... Flag as irrelevant
	Kansas City Star Comcast profit slides as pandemic hits movies, theme parks ABC News Comcast's net income slid in the first three months of the year as the coronavirus pandemic forced it to shut down its theme parks and its movies were kept out of shuttered theaters. By. TALI ARBEL AP Technology Writer. April 30, 2020, 4:00 AM. 3 min read. Flag as irrelevant
	Fox News Gilead Awaits FDA Approval on Remdesivir to Treat Covid-19 Nasdaq Twenty-four hours after Gilead Sciences announced positive results from a government study of its experimental Covid-19 drug remdesivir, data on the study is still scant, and the Food and Drug Administration has made no public moves to authorize the drug ... Flag as irrelevant
	CNN SBA moves to help smaller banks access business relief funds CNN Washington (CNN) It's slow, but things are improving for the Small Business Administration's second round of emergency relief distribution. Lenders still struggled to upload applications Tuesday into the agency's database. But the technical glitches are getting ... Flag as irrelevant
	Motley Fool Lyft to Cut Nearly 20% of Workforce Motley Fool Any industry remotely connected to travel has been utterly demolished by the COVID-19 pandemic, including the duopolistic ridesharing industry. No. 2 player Lyft (NASDAQ:LYFT) confirmed in a regulatory filing this week that it will lay off 982 employees, ... Flag as irrelevant
	CNBC German travel start-ups ask Google to wait for ad payments as coronavirus hits them hard CNBC The German Start-ups Association sent a letter on behalf of Germany's travel start-ups to Google's chief business officer Philipp Schindler on Wednesday. Signatories include GetYourGuide, Omio, HomeToGo, Homelike, FlixBus, Dreamlines, Tourlane and ... Flag as irrelevant
	The New York Times Goldman Sachs Shareholders Back Executive Pay Packages The New York Times NEW YORK — Goldman Sachs Group Inc said on Thursday that 71% of shareholders voted to approve the bank's executive pay packages, according to preliminary tallies. The votes, taken at the bank's annual shareholder meeting, is significant, as it comes ... Flag as irrelevant
	Forbes Post COVID-19 Shopping Outlook Forbes The recent reopening of some stores, the pick-up of merchandise outside of leading stores, and the effort to open units in Texas by this weekend all point to an effort by retailers to restore some sense of business as usual in their stores. I hear that Macy's plans ... Flag as irrelevant
	Business Insider Pfizer and BioNTech's coronavirus vaccine entered human clinical trials and may be tested in the US next week Business Insider This story was delivered to Business Insider Intelligence Digital Health Briefing subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. Stay up-to-date with our latest ... Flag as irrelevant
	Reuters Canada UPDATE 1-Canada Feb GDP flat due to teachers strike, rail blockades, COVID-19 Reuters OTTAWA, April 30 (Reuters) - The Canadian economy stalled in February as a teacher's strike in Ontario and the global spread of the coronavirus disrupted the movement of people and goods, Statistics Canada said on Thursday. Analysts in a Reuters poll ... Flag as irrelevant
	Reuters Coronavirus-related food stockpiling boosts Kraft Heinz Reuters LONDON (Reuters) - U.S. food producer Kraft Heinz Co (KHC.O) reported higher-than-expected quarterly sales and profit on Thursday, helped by coronavirus-related stockpiling. The maker of Heinz ketchup, Kraft Macaroni & Cheese and Oscar Mayer lunch ... Flag as irrelevant
	Reuters.com Fed tweaks 'Main Street' lending program but doesn't announce start date MarketWatch The Federal Reserve on Thursday said it was making some adjustments to its planned "Main Street" lending program because of public comments and also said it was mulling a separate approach to meet the unique needs of non-profit organizations. Flag as irrelevant
	Business Insider A leading antibody test which claims 99% accuracy has been approved for use in Europe after success in the US Business Insider A leading antibody test was approved for use in Europe on Wednesday. Medical diagnostics firm Abbott says it will distribute millions of "IgG" tests in Europe by the end of May. These tests will likely be useful to governments trying trace the spread, but critically ... Flag as irrelevant
	Orlando Sentinel Universal Orlando's new Epic Universe theme park will be delayed because of coronavirus pandemic Orlando Sentinel Universal is delaying construction of its Epic Universe theme park in Orlando as the company navigates the coronavirus pandemic crisis, Comcast CEO Brian Roberts said Thursday. The new park was set to open in 2023, the company disclosed in October. Flag as irrelevant
	BBC News Coronavirus: Fewer loans approved as firms rush to get lifeline BBC News Banks approved fewer Covid-19 loans in the week to Tuesday, leaving half of firms still awaiting emergency help. The number of Coronavirus Business Interruption Loans (CBILs) agreed was 8,638, down from more than 9,000 the previous week. Of 52,807 ... Flag as irrelevant
	Fox News MSC Cruises is latest to suspend operations through summer Fox News Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. MSC Cruises has extended the suspension of its worldwide operations through July 10, after previously announcing a tentative end date of May 29. The decision was ... Flag as irrelevant
	Bankrate.com Refinance Interest Rates Today, April 30, 2020 | Rates move lower Bankrate.com Several benchmark mortgage refinance rates declined today. Average rates nationwide for 30-year fixed and 15-year fixed refinances both were down. Meanwhile, the average rate on 10-year fixed refis also tapered off. Flag as irrelevant
	Forbes Costco Will Require All Shoppers To Wear Face Masks Starting Monday Forbes All Costco customers will be required to wear a face mask inside stores starting Monday, the company announced Wednesday, making it the first major U.S. retailer to mandate its customers wear face coverings. Daily Life In New York City Amid Coronavirus ... Flag as irrelevant
	Bloomberg Billionaire Mukesh Ambani to Forgo Pay as Reliance Cuts Salary at Oil Unit Bloomberg Follow Bloomberg on LINE messenger for all the business news and analysis you need. Reliance Industries Ltd., India's biggest company, plans to cut salaries of employees in its oil and petrochemicals business after a slump in fuel sales reduced revenue, ... Flag as irrelevant
	Investorplace.com Moderna Stock Is Near Highs, But Faces Risk Investorplace.com The novel coronavirus crisis is first and foremost a human tragedy, but it also created quite the global mess. Luckily, our scientists are working hard at solving the coronavirus riddles and finding a vaccine. Meanwhile, Moderna (NASDAQ:MRNA) stock is ... Flag as irrelevant
	The New York Times Zoom Admits It Does Not Have 300 Mln Daily Users: The Verge The New York Times (Reuters) - Zoom video conferencing app does not have 300 million daily active users, the company admitted on Thursday to the Verge, saying it "unintentionally" referred to daily meeting participants as users in a blog post. The Zoom blog from April 22, ... Flag as irrelevant
	The Lane Report Tempur Sealy Foundation donates $160000 to support charities The Lane Report LEXINGTON, Ky. /PRNewswire/ — Tempur Sealy International Inc. announced Wednesday that the Tempur Sealy Foundation is donating $160,000 to charities that are serving communities during the COVID-19 crisis. These charities include, among others, ... Flag as irrelevant
	Bloomberg JPMorgan Sent Over 225000 Small-Business Applications This Week Bloomberg JPMorgan Chase & Co. has submitted more than 225,000 applications for the second round of the Small Business Administration's relief program. The largest U.S. lender continues to process and submit applications, and plans to email clients as it receives ... Flag as irrelevant
	Live 5 News WCSC New SC unemployment claim totals drop for second week in a row Live 5 News WCSC CHARLESTON, S.C. (WCSC) - Officials with the state's Department of Employment and Workforce say the total number of people who filed initial unemployment claims dropped last week for the second week in a row. In the week ending Saturday, 65,159 ... Flag as irrelevant
	Boston News, Weather, Sports | WHDH 7News 2 Mass. Walmarts temporarily close, including location where 23 workers tested positive for coronavirus Boston News, Weather, Sports | WHDH 7News ABINGTON, MASS. (WHDH) - A Walmart in Worcester where nearly two dozen workers tested positive for the coronavirus is one of two Massachusetts stores temporarily closed for extensive cleaning to stop the virus' spread. The retail chain's Worcester ... Flag as irrelevant
	Diginomica Enterprise cloud usage post-COVID-19 - more necessary, more prevalent and more costly Diginomica Summary: Reviewing results of the latest Flexera cloud survey, including some data about the inevitable changes inspired by COVID-19. greedy. (via PIxabay). Even in a disaster, there are winners. While the coronavirus crisis has been an unmitigated ... Flag as irrelevant
	Bloomberg Freddie Mac Earnings Plunge 88% on Expected Coronavirus Losses Bloomberg Freddie Mac's first-quarter net income plunged 88% to $173 million due to higher expected credit losses on loans amid the coronavirus pandemic. The mortgage giant booked $1.1 billion of credit-related expenses in the quarter ended March 31, according to ... Flag as irrelevant
	RTE.ie British Airways plans to cut pilot numbers by a quarter - letter RTE.ie British Airways is seeking to cut pilot numbers by a quarter as it slashes costs to weather the coronavirus crisis, according to a letter sent to union leaders and seen by Reuters. Under the plan, BA would cut 1,130 captain and co-pilot jobs from its headcount of ... Flag as irrelevant
	Patch.com Pa. American Water seeks to hike rates over two years Wilkes-Barre Citizens Voice Pennsylvania American Water seeks to raise water and sewer rates $341 on average per customer over the next two years. The water company filed a rate request Wednesday with the Pennsylvania Public Utility Commission for approval to hike water and ... Flag as irrelevant
	TheSpec.com Gildan suspends dividend, cuts executive pay after losing nearly US$100M in Q1 TheSpec.com MONTREAL - Gildan Activewear Inc. says it is suspending its quarterly dividend and cutting executive compensation after losing nearly US$100 million in its first quarter due to the global impact of the COVID-19 pandemic. The Montreal-based company says it ... Flag as irrelevant
	Spectrum News For Some, Banana Bread is the Recipe for Pandemic Comfort Spectrum News NATIONWIDE — Banana bread has seen a rise in popularity around the world as people cope with the COVID-19 pandemic. According to Google Trends, searches for banana bread spiked in March of 2020. Banana bread also held steady into April as a ... Flag as irrelevant
	Bulletin Line What you need to know about your AC when you have someone with Covid-19 in your home Business Insider South Africa After studies suggested air-conditioning could blow coronavirus droplets further than 6 feet, some people have asked whether they should turn off the AC in their homes. Researchers in China found air-conditioning blew droplets around a restaurant, infecting ... Flag as irrelevant
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