Google Alert - finance

	finance As-it-happens update ⋅ April 29, 2020
	NEWS
	Motley Fool Why Investors Should Not Expect a Recovery for NIO Stock Motley Fool Amid the COVID-19 pandemic, a sign of hope just emerged for NIO (NYSE:NIO) stock. Faced with mounting losses, the maker of electric vehicles (EVs) had struggled to gain traction in better conditions. Also, with its current funding nearly exhausted, the ... Flag as irrelevant
	TechCrunch eBay Q1 reports sales of $2.374B, active buyers up to 174M in wake of COVID-19 TechCrunch After a quarter in which eBay, tussling with an activist investor, completed the sell-off of its ticketing business StubHub for $4 billion and saw appointed a new CEO after its previous one departed, while also weathering waves of surging demand and dodgy ... Flag as irrelevant
	Business Insider Amazon is reportedly tightening access to internal mass email lists amid a surge of worker organizing Business Insider Amazon is keeping a closer eye on large internal email lists, Recode reported Wednesday. Some employees perceived the increased enforcement as an attempt by Amazon to limit activism within its ranks, according to Recode, while the company told ... Flag as irrelevant
	Business Insider LIVE: Facebook shrugs off coronavirus concerns to report 'stability' in ad revenue, sending stock soaring 10% Business Insider Facebook's stock surged 10% in after-hours trading on Wednesday, after the company announced surging user numbers and better-than-expected financial earnings for the first quarter that helped to assuage traders' concerns about the potential impact of the ... Flag as irrelevant
	The New York Times Tesla Ekes Out Small 1Q Net Profit, Surprising Wall Street The New York Times DETROIT — Tesla eked out a small first-quarter net profit just as the coronavirus started to affect the electric car and solar panel maker. The company said it made $16 million from January through March, or 8 cents per share. It was the third straight profitable ... Flag as irrelevant
	Forbes SBA Announces Special PPP Application Window Just For Smaller Lenders Forbes In an effort to stave off the big banks from siphoning the majority of the fresh $310 billion in Paycheck Protection Program (PPP) funding, the Small Business Administration (SBA), which is overseeing the PPP program, released a statement April 29, 2020 that ... Flag as irrelevant
	Forbes NY Attorney General Questions Cable's 'Sports Surcharge' As Live Games Are On Hold Forbes If you read the fine print on your cable or satellite TV bill, you'll see a plethora of fees and add-on charges on top of the base cost of your package. Among the heftiest of these is the "regional sports surcharge," which funnels money from subscribers to the ... Flag as irrelevant
	The Verge Microsoft tops $10 billion in earnings, beating even pre-coronavirus expectations MarketWatch Microsoft Corp. outperformed the financial expectations that it faced even before the coronavirus in an earnings report Wednesday, sending shares slightly higher in after-hours trading. Microsoft US:MSFT reported fiscal third-quarter earnings of $10.75 billion, ... Flag as irrelevant
	Bloomberg Dueling Data on Would-Be Coronavirus Drug Leaves Questions Open Bloomberg With dueling data released on Gilead Sciences Inc.'s potential coronavirus drug, the jury remains out on how well the medicine works. There are two big reasons why. While Anthony Fauci, the National Institute for Allergy and Infectious Diseases director, said ... Flag as irrelevant
	The New York Times US FDA Gives Broader Approval to GSK's Zejula for Ovarian Cancer The New York Times (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. The approval, which does not ... Flag as irrelevant
	CNBC Jobless claims tally could top 30 million if new filers are close to last week's level CNBC Jobless claims continue to grow in the millions, with a consensus 3.5 million expected Thursday, for the week ended April 25. At least two Wall Street firms raised their forecast for claims to 4 million or more Thursday morning, based on new information from ... Flag as irrelevant
	Fox News Starbucks' Path to Recovery Comes Into Focus Nasdaq Few companies have been battered by the coronavirus pandemic as much as Starbucks (NASDAQ: SBUX) has. As a restaurant operator, Starbucks' industry is being directly impacted by the outbreak while restaurant dining rooms across the U.S. and much of ... Flag as irrelevant
	CBS Denver King Soopers Adds Additional Coronavirus Testing Site In Boulder CBS Denver BOULDER, Colo. (CBS4) – King Soopers will open another free coronavirus drive-through testing site on Thursday. The two-day site will be on the CU Boulder campus. (credit: CBS). The testing is free but anyone who wants a test needs to register here. Flag as irrelevant
	Wall Street Journal Mnuchin Says US Aiming to Not Lose Money on Fed Lending Facilities Wall Street Journal WASHINGTON—Treasury Secretary Steven Mnuchin said he expects the government will recover much of the funds it has committed to backstop the Federal Reserve's emergency lending programs, suggesting he doesn't anticipate widespread losses on the ... Flag as irrelevant
	CNBC Six US oil firms are expected to shut 300000 barrels per day of production in May and June CNBC Oklahoma-based Continental Resources is taking "the most drastic action thus far," Rystad reported, forecasting a cut of 69,000 bpd from Continental in April and nearly 150,000 bpd in May and June. In March, American producers were still pumping at record ... Flag as irrelevant
	pymnts.com Pending Home Sales Drop As Buyers Stay Home pymnts.com Pending single-family home sales fell by nearly 21 percent in March compared to February as the economic impact of COVID-19 took its toll on the real estate sector, according to the National Association of Realtors (NAR). "The housing market is temporarily ... Flag as irrelevant
	TODAYonline Blue Apron shares sink as coronavirus order bump fails to boost sales Reuters (Reuters) - Shares of Blue Apron Holdings Inc (APRN.N) slumped as much as 33% on Wednesday as the meal-kit company posted a steep decline in quarterly sales even after seeing a boost in orders from Americans confined to their homes amid ... Flag as irrelevant
	Quartz As health concerns grow, Amazon and Target workers plan a strike Quartz Workers at Amazon, Whole Foods, Target, Walmart, and Instacart, as well as other US companies, plan to strike May 1 in demand of better protections and benefits during the Covid-19 pandemic, according to organizers who spoke to The Intercept and Vice. Flag as irrelevant
	nj.com The NJ unemployment system is broken, workers say. Here's why so many people are still waiting for benefits. nj.com People are outraged. The unemployment system isn't working for thousands of people. While more than 550,000 New Jerseyans have been granted unemployment benefits since the coronavirus pandemic began, more than 250,000 people are still waiting, ... Flag as irrelevant
	The New York Times Norwegian Cruise Line to Furlough About 20% of Employees Through July 31 The New York Times (Reuters) - Norwegian Cruise Line Holdings Ltd said on Wednesday it would furlough about 20% of its workforce through the end of July, as the cruise operator had to halt all voyages due to the coronavirus pandemic. The furloughs affect shoreside U.S. ... Flag as irrelevant
	Orlando Sentinel SeaWorld seeks federal loan while paying little in US income taxes | Exclusive Orlando Sentinel Losing $25 million a month while its amusement parks sit closed and empty, SeaWorld Entertainment Inc. hopes a loan from the federal government could help the company get through the coronavirus crisis. SeaWorld wants help from federal taxpayers ... Flag as irrelevant
	ZDNet NetApp scoops up virtual desktop company CloudJumper ZDNet NetApp said on Wednesday that it has acquired CloudJumper, a software company focused on the virtual desktop infrastructure (VDI) and remote desktop services (RDS) markets. Financial terms of the deal were not disclosed. Flag as irrelevant
	syracuse.com Small business tips: Central NY banker's advice on working with PPP lenders syracuse.com For small businesses struggling because of the coronavirus pandemic, the federal Paycheck Protection Program has been both a blessing and a curse. Pathfinder Bank regional president Calvin Corriders joined syracuse.com for a Q&A this week to discuss ... Flag as irrelevant
	The Denver Post Colorado entrepreneurs started pulling back in February The Denver Post New business filings were starting to decline in Colorado weeks before the pandemic created a state of emergency, and once closure order came down, they dove sharply, according to a quarterly economic update from the Colorado secretary of state. Flag as irrelevant
	CNBC LabCorp swings to a loss, withdraws 2020 guidance as coronavirus outbreak drives up costs CNBC LabCorp reported Wednesday a net loss for the first quarter as the coronavirus pandemic drove up costs and cut demand, prompting the company to withdraw 2020 guidance. The company reported a net loss of $317.2 million, compared with earnings of ... Flag as irrelevant
	Fox News Coronavirus fallout: McDonald's Canada to start using imported beef due to supply chain issues Fox News Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Imported beef, it's what's for dinner. McDonald's in Canada announced a big change to its burgers. Due to the coronavirus pandemic, the fast-food chain will have to ... Flag as irrelevant
	Chicago Tribune A beer lover's nightmare: They're dumping draft brew Chicago Tribune Earlier this month, workers at Bauhaus Brew Labs wondered what to do with the Wheat Sweats, its spring seasonal beer. The Minneapolis brewery had finished the second batch of the beer, a banana-scented hefeweizen, before Minnesota moved to prevent ... Flag as irrelevant
	Patch.com Airline Wants To Ax Flights To Worcester Amid Coronavirus Patch.com Delta, JetBlue and Spirit Airlines this week asked for approval to suspend flights to more than two dozen U.S. airports. By Neal McNamara , Patch Staff. Apr 29, 2020 1:30 pm ET. Reply. 0. Worcester Regional Airport may lose Delta service due to coronavirus. Flag as irrelevant
	Fox 59 21-year-old man arrested in connection with shooting death of Indianapolis mail carrier Fox 59 INDIANAPOLIS, Ind. — Police arrested a 21-year-old man Tuesday night in connection with the shooting death of Indianapolis mail carrier Angela Summers. Officials said detectives with the Indianapolis Metropolitan Police Department (IMPD) working with ... Flag as irrelevant
	The New York Times Luckin Coffee Delays Annual Filing Amid Accounting Probes The New York Times (Reuters) - Luckin Coffee Inc said on Wednesday it would not file its annual financial report on time as it was dealing with investigations into hundreds of millions of dollars worth of fabricated sales. China's top market regulator and securities watchdog are ... Flag as irrelevant
	Valley News Live Mattel launches toy line honoring 'everyday heroes' on front line of pandemic Valley News Live EL SEGUNDO, Calif. (Gray Media) - Mattel announced they are launching a new toy line that celebrates health care workers, first responders and others who are on the front lines of combating the coronavirus pandemic. Their brand, Fisher-Price, launched the ... Flag as irrelevant
	CultureMap Dallas Get your Mother's Day brunch to go from these Dallas restaurants CultureMap Dallas As with nearly every facet of life, the coronavirus seems likely to have an odd effect on Mother's Day, which in 2020 falls on May 10. Any other year, Mother's Day represents an opportunity to go out for a festive brunch, lunch, or dinner. But with COVID-19 ... Flag as irrelevant
	Reno Gazette Journal Wynn Resorts employees to get free COVID-19 testing in Las Vegas Reno Gazette Journal LAS VEGAS – Wynn Resorts employees will soon have access to free COVID-19 testing in Las Vegas. The resort company on Wednesday announced a partnership with University Medical Center to grant Wynn workers access to testing at no cost. Employees ... Flag as irrelevant
	KHON2 Alaska Air Cargo begins testing passenger aircraft to fly critical cargo KHON2 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 cabin with cargo will backfill the loss in ... Flag as irrelevant
	Lexington Herald Leader Georgetown Toyota postpones production restart a week; here's why Lexington Herald Leader Toyota had planned to restart North American production including in Georgetown next week, but Wednesday afternoon the company put that on hold. Instead of restarting the week of May 4, Toyota announced it would begin a week later. "Based on an ... Flag as irrelevant
	Courthouse News Service Ohio top court weighs if Amazon can be held liable for teen's death Reuters Ohio's top court on Wednesday grappled with whether Amazon.com Inc could be held liable for the death of a teenager who ingested a powdered caffeine sold through its online marketplace by a third party. The arguments before the Ohio Supreme Court ... Flag as irrelevant
	Gillette News Record Weak market, COVID-19 make for grim Q1 report for Peabody Gillette News Record Peabody Energy's move to lay off 170 workers from its flagship North Antelope Rochelle mine near Wright was part of a systematic mine-by-mine review of the beleaguered coal producer's operations. During a 2020 first-quarter earnings call and reporting an ... Flag as irrelevant
	WBNG-TV 2020 DICK's Sporting Goods Open canceled WBNG-TV (WBNG) -- The DICK's Sporting Goods Open has been canceled for 2020. Tournament Director John Karedes tells 12 News event, which typically takes place at En-Joie Golf Club in Endicott, is not happening. Organizers plan on having the golf tournament ... Flag as irrelevant
	NBC 7 San Diego San Diego Distillers Guild Members Produce 10000 Gallons of Sanitizer NBC 7 San Diego San Diego-based distilleries began shifting gears last month to make hand sanitizer amid shortages of the product during the coronavirus pandemic. By Mariel Concepcion - SDBJ Staff • Published April 29, 2020 • Updated on April 29, 2020 at 8:26 am. Flag as irrelevant
	pennlive.com Dunkin' Donuts extends 'Free Donut Fridays' through May and brings back butter pecan coffee pennlive.com Dunkin' Donuts has extended its 'Free Donut Fridays' into May because of the ongoing coronavirus pandemic. The program started in March then was extended through April. The chain also is offering "$2 Iced Mondays" when reward card members can get a ... Flag as irrelevant
	CNBC Deutsche Bank sets aside $280 million to deal with the impact of coronavirus CNBC It has now confirmed that net income was 66 million euros in the first quarter — down from the 201 million euros reported in the first quarter of 2019. Revenue came in at 6.35 billion euros, almost exactly the same a year ago. The bank's share price is down by ... Flag as irrelevant
	Nasdaq MarketAxess: 1Q Earnings Snapshot San Antonio Express-News NEW YORK (AP) _ MarketAxess Holdings Inc. (MKTX) on Wednesday reported first-quarter net income of $74.8 million. On a per-share basis, the New York-based company said it had profit of $1.96. The results exceeded Wall Street expectations. Flag as irrelevant
	KTNV Las Vegas WALLETHUB: Las Vegas has the 6th biggest increase in unemployment due to coronavirus KTNV Las Vegas With over 22 million jobs wiped out so far during the COVID-19 pandemic, WalletHub today released its report on the Cities with the Biggest Growth in Unemployment Due to COVID-19. In order to identify where workers have been most affected by the ... Flag as irrelevant
	Pulse Ghana The world's richest investors want stocks to drop before buying back in, UBS poll reveals Pulse Ghana 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. NYSE empty floor. Flag as irrelevant
	The Herald-News Parking revenue at Metra stops plummet in Will County during pandemic The Herald-News Since ridership on Metra lines has plummeted during the novel coronavirus pandemic, Will County municipalities have also seen a dramatic drop in revenue. Since Gov. JB Pritzker announced his stay-at-home order to slow the spread of the virus last month, ... Flag as irrelevant
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