Google Alert - finance

	finance As-it-happens update ⋅ April 30, 2020
	NEWS
	CNBC Green shoots: Wednesday was one of the most positive days for the stock market on many fronts CNBC Stocks bounced on the promise that a Gilead drug may help treat the coronavirus, as well as reassurance from the Federal Reserve that it will do whatever it takes to support the economy. Traders are betting on the "light at the end of the tunnel" and looking ... Flag as irrelevant
	Reuters Tesla's Elon Musk calls coronavirus lockdowns 'fascist' as profit streak continues Reuters (Reuters) - Tesla Inc's (TSLA.O) outspoken CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions to curtail the coronavirus outbreak "fascist" as the electric carmaker posted its third quarterly profit in a row. FILE PHOTO: SpaceX owner ... Flag as irrelevant
	The New York Times Microsoft Revenue Beats as Remote Work Boosts Teams The New York Times (Reuters) - Microsoft Corp on Wednesday beat Wall Street sales and profit expectations, powered by sharp demand for its Teams chat and online meeting app and Xbox gaming services as the world shifted to working and playing from home because of the ... Flag as irrelevant
	The New Yorker US stocks end higher after Fed outlines plans for protracted fight to revive economy hit by coronavirus MarketWatch (blog) U.S. stocks booked significant gains Wednesday, after Federal Reserve Chairman Jerome Powell vowed to mount a robust and protracted fight to offset fallout from the coronavirus pandemic, which he said "will weigh heavily" on economic activity, ... Flag as irrelevant
	CNBC Singapore's DBS bank posts 29% fall in first-quarter net profit CNBC DBS said on Thursday that its first-quarter net profit fell 29% year-over-year to 1.17 billion Singapore dollars ($829.2 million) in January-March this year. The fall in earnings was a result of the Singaporean bank setting aside 1.09 billion Singapore dollars ... Flag as irrelevant
	Wall Street Journal Qualcomm Reports Higher Revenue for Latest Quarter, Cuts Outlook Amid Pandemic Wall Street Journal Wireless chip maker Qualcomm Inc. QCOM 4.89% reported a nearly 5% revenue increase in the March quarter, as the chip business offset a slight revenue decline in its licensing arm. The San Diego-based company shipped 129 million chips in the quarter, ... Flag as irrelevant
	USA TODAY Workers to protest conditions at Amazon, Instacart and other retailers Friday USA TODAY Workers are uniting and striking May 1, International Worker's Day, to protest working conditions at Amazon, Instacart, Shipt, Whole Foods, Walmart, Target and FedEx. Organizers say they are striking due to their employers "continuing failure to provide ... Flag as irrelevant
	Wall Street Journal Boeing to Cut 10% of Workforce as Coronavirus Puts Brakes on Air Travel Wall Street Journal Boeing Co. outlined a survival plan including thousands of job cuts and the raising of new funds, as the largest U.S. exporter reels from the pandemic and the near-collapse of passenger air travel. The aerospace giant said Wednesday it plans to take on more ... Flag as irrelevant
	Forbes The Brewer's Association And Bottleshare Create the 'Believe In Beer' Fund To Support Breweries Forbes The Brewer's Association has teamed up with Bottleshare, a nonprofit dedicated to the craft beverage community to create a new fund to help support breweries that have been impacted by COVID-19. The fund, called the Believe in Beer Funds, will support ... Flag as irrelevant
	TechCrunch Tesla turns Q1 profit on cost reductions, rising car margins, credits TechCrunch Tesla reported Wednesday that it earned $16 million and generated $5.985 billion in revenue in the first quarter, results buoyed by improved automotive margins and reductions in operating expenses. Tesla's first quarter earnings were lower than the fourth ... Flag as irrelevant
	Business Insider Tesla turns a surprise profit despite coronavirus factory shutdowns Business Insider Tesla on Wednesday reported a surprise first-quarter profit despite factory shutdowns amid the coronavirus. The company's stock price spiked as much as 8% in after-hours trading following the news. Semi deliveries will be delayed until 2021, Tesla said, as it ... Flag as irrelevant
	MINING.com Australia's Newcrest Mining to raise $655 million, quarterly gold output drops Reuters (Reuters) - Australia's Newcrest Mining Ltd (NCM.AX) on Thursday said it planned to raise A$1 billion ($655 million) to acquire financing facilities for Ecuador's Fruta del Norte mine and fund growth projects, increasing its exposure to rising gold prices. Flag as irrelevant
	WWMT-TV Ford burns up billions of dollars in 1Q, posts $2B net loss WWMT-TV DETROIT — The coronavirus crisis is forcing Ford Motor Co. to burn through cash at an alarming rate, but its chief financial officer says there's enough money to make it through the year —even if U.S. factories aren't restarted. The automaker, which posted a ... Flag as irrelevant
	TheStreet Bears Can't Make Sense of Powerful Upward Momentum TheStreet Following a positive response to earnings from Alphabet/Google (GOOGL) , the S&P 500 gapped higher for the sixth day in a row. The positive action gained further steam on news that Gilead Sciences (GILD) had positive data on remdesivir, its drug for the ... Flag as irrelevant
	TechCrunch Tesla to reduce price of standard range Model 3 in China TechCrunch Tesla said it will reduce the price of its standard range Model 3 vehicle in China to meet the government's new eligibility requirements for subsidies. This marks the second time this year that the automaker has reduced the price. Several months ago, the base ... Flag as irrelevant
	Las Vegas Review-Journal Nevada casino regulator considering guidelines for reopening Las Vegas Review-Journal Several Las Vegas Strip casino operators have outlined the precautions they will take once they reopen amid the coronavirus pandemic. One of their regulators, the Nevada Gaming Control Board, is getting ready to chime in, too. Control Board Chairwoman ... Flag as irrelevant
	Fox Business A buyer's market? Purchase applications rise as states plan economic reopenings Fox Business Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. As states begin to plan out phases to reopen their economies, there appears to be some pent-up demand among homebuyers in the ... Flag as irrelevant
	The New York Times Judge Allows Nestle to Pump More Water From Michigan Well The New York Times EVART, Mich. — A bottled water company has won a key decision in its effort to pump more water from a well in western Michigan. An administrative law judge last week upheld a state permit, which allows Nestle Waters North America to pump 400 gallons a ... Flag as irrelevant
	Milwaukee Journal Sentinel Oshkosh Corporation says furloughs, plant closings coming as coronavirus disrupts business Milwaukee Journal Sentinel Oshkosh Corporation announced a cost reduction strategy including furloughs, temporary plant closings and pay cuts in its quarterly update to investors Wednesday. The company, which makes trucks and other military vehicles and equipment, is looking to ... Flag as irrelevant
	Fox Business Coronavirus unemployment rates increased the most in these US cities Fox Business Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. Millions of jobs across the country have been lost because of the coronavirus pandemic -- and the numbers keep increasing -- but some ... Flag as irrelevant
	Twin Cities Business Magazine Izzy's Ice Cream Closes in St. Paul Twin Cities Business Magazine Izzy's Ice Cream is saying goodbye to its origins as the pandemic exacerbates economic difficulties for businesses of all varieties. Down to about 10 percent of revenue and with big accounts like with restaurants, wholesalers, and the Minnesota Twins at a ... Flag as irrelevant
	MPNnow.com Indian Point Unit 2 reactor to shut down for good MPNnow.com Indian Point's Unit 2 reactor ascended along the shores of the Hudson River in the late 1960s at a time of great optimism for the nuclear power movement in the U.S.. Engineers had just perfected a method to harness nuclear power that had gone into ... Flag as irrelevant
	Fox Business Trucking giant CH Robinson furloughs 7% of North American workers Fox Business Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. C.H. Robinson Worldwide Inc. unveiled plans on Wednesday to furlough and reduce hours for 7 percent of its workforce as the company ... Flag as irrelevant
	Politico Belgium needs your help eating french fries Politico Belgium needs international backup in its campaign to munch through a daunting mountain of unexported potatoes that has built up during the coronavirus pandemic. Belgium's potato industry has urged patriots to take a high-calorie hit for the team by ... Flag as irrelevant
	Business Insider Jeff Bezos is now twice as rich as Mark Zuckerberg Business Insider Amazon CEO Jeff Bezos' net worth has soared so much during 2020 that his wealth is now double that of Facebook CEO Mark Zuckerberg. Bezos is now worth $140 billion, while Zuckerberg is worth $70 billion, according to the Bloomberg Billionaires Index. Flag as irrelevant
	Pittsburgh Post-Gazette Be strategic, give Mom a DIY food basket for Mother's Day Pittsburgh Post-Gazette There is a complication to getting a gift for Mom this Mother's Day. The COVID-19 pandemic has made it clear that you cannot shop at your regular retail stores as many of them are closed since the stay-at-home order is still in place. So about getting a little ... Flag as irrelevant
	CNET Hertz may file for bankruptcy after missing lease payment, report says CNET No travel, no rentals. George Rose/Getty Images. Quarantines and other recent coronavirus measures have decimated travel, both globally and domestically. Of course, this has a ripple effect on tangential industries, as well, like car rentals. As developments ... Flag as irrelevant
	WHTC News Deutsche Bank Beats Expectations but Coronavirus Clouds Outlook—2nd Update Morningstar.com It looked like Deutsche Bank AG was finally going to have a good year. Then the coronavirus came, forcing it to set aside money for loan losses, disrupting targets and clouding the bank's outlook. The uncertainty is an unwelcome development for the German ... Flag as irrelevant
	WOODTV.com Drive-thru farmers market prepares to open in Kzoo WOODTV.com KALAMAZOO, Mich. (WOOD) — The Kalamazoo Farmers Market is preparing to open its first-ever drive-thru market this Saturday because of the pandemic. The new concept is designed to avoid crowded areas, which were common in previous years. Flag as irrelevant
	PCWorld Is Intel a Better Investment than AMD? Zacks.com Both Intel (INTC - Free Report) and Advanced Micro Devices (AMD - Free Report) reported strong first quarters. Intel's reported revenue of $19.8 billion grew 23.5% from first-quarter 2019 to top the Zacks Consensus Estimate by 5.7% while its earnings of ... Flag as irrelevant
	OPB News Oregon Reaches $4.4 Million Settlement With Environmental Nonprofit Ecotrust OPB News A Portland-based environmental nonprofit reached a $4.4 million settlement Wednesday with the state of Oregon, after an investigation found it had falsely inflated costs of two developmental projects. Ecotrust and its for-profit affiliate, Ecotrust Forest ... Flag as irrelevant
	NOLA.com New Orleans officials are optimistic about Hard Rock tear down, but this concern remains NOLA.com Mayor LaToya Cantrell's administration says it is optimistic the city will finally issue permits to demolish the collapsed Hard Rock Hotel, but it still has some concerns with a contractor's plan for the dangerous and uncertain demolition work. Hotel developer ... Flag as irrelevant
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