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FBI Head Helped Facebook Defend Encryption He's Now Fighting WASHINGTON — (Reuters) - Christopher Wray, prior to becoming FBI director, argued on behalf of Facebook Inc in defense of encrypted communications as the company was being pressured by the U.S. Justice Department over the issue, according to a ...
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How To Interpret The S&P 500 Rally We are far enough into the year 2020 where some clear patterns can be seen. No, I am not talking about the huge drop in the market during the first quarter. Everyone knows about that. You are probably aware of the strong bounce in the S&P 500 since late ...
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Renewables Are Resilient To The Covid Energy System Shock: IEA While the Covid-19 crisis presents the biggest shock to the global energy system in over 70 years, low carbon energy may represent the most stable option in the marketplace. The International Energy Agency (IEA) was set up to co-ordinate state action on ...
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The Best Mother's Day Gifts, According to a Mom Of 3 Understatement of the century: Finding the best Mother's Day gift, whether for your own mom, your partner, or another mother figure in your life, can be tough. Flowers and cards are nice, but what gift can possibly repay her for all the boo-boos she's kissed and ...
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Andreessen Horowitz just closed its second crypto fund Two years ago, the venture firm Andreessen Horowitz (a16z) took the wraps off a dedicated crypto fund from a subset of its limited partners, who'd provided the firm with $300 million in capital commitments. Now, the firm says it has closed a second fund in the ...
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American Airlines Sticking With New Jet Deliveries Unlike Rivals: CEO (Reuters) - American Airlines Group Inc is sticking with its aircraft delivery schedule, Chief Executive Doug Parker told Reuters on Thursday, bucking a trend by other airlines deferring jet deliveries as a way to save cash in the coronavirus crisis. Airlines ...
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Investor Einhorn Tweets at Tesla's Musk Asking for More Company Financials BOSTON — One day after Tesla Inc posted its third quarterly profit in a row, hedge fund manager David Einhorn, one of the electric carmaker's best-known critics, lobbed questions about the company's financials at its two top executives. Taking to Twitter on ...
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Molson Coors makes significant marketing cuts as bar sales vanish The brewer is slashing its out-of-home and cinema budget, but pouring more into gaming, social media and e-commerce as it deals with the pandemic. By E.J. Schultz. Published on April 30, 2020. Molson Coors says the pantry-loading sales trend seen in ...
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Wall Street Pulls Back as Dismal Economic Data Piles Higher Stocks are falling on Wall Street Thursday after more reports made clear the worldwide devastation the coronavirus outbreak is causing for the economy. The dour figures helped drive most U.S. stocks to losses, and the S&P 500 was down 1.2% in afternoon ...
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100000 Crew Members Stranded on Cruise Ships as Cruise Lines Refuse to Agree to Pay for Repatriation Expenses Two articles published today reveal the sorry state of affairs which crew members face on cruise ships during the COVID-19 pandemic. 100,000 Crew Members Trapped At Sea. The Guardian newspaper in London published an article revealing that there are ...
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The Biggest Beneficiary From China's Luckin Coffee Scandal Could Be KFC China is not a predominantly coffee-drinking nation, but that's changing quickly. Starbucks (NASDAQ:SBUX) has long been the leader on the front, drumming up interest in America's caffeine of choice with its premium menu. And up until a month ago, the train ...
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Investors are clamoring for new Boeing debt after the company's $641 million first-quarter loss, report says Demand for new Boeing bonds is strong after the company's first-quarter report revealed a dire loss, CNBC reported Thursday. Investor interest in fresh debt issuance could total $75 billion, sources told CNBC, more than triple what Boeing was looking to raise ...
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Chick-fil-A to introduce Chicken Parmesan Meal Kits nationwide amid coronavirus lockdowns Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Sometimes, people need more than just a sandwich or a burger. After testing the concept in 2018, Chick-fil-A is bringing meal prep kits to participating locations ...
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Pandemic keeps Kraft Heinz plants cranking and boost results, but future isn't clear The Kraft Heinz Co. has 80 factories and they are all still operating through the pandemic, said CEO Miguel Patricio, with some running three shifts and 24 hours a day. That's happening despite hard shifts in demand for the company's products triggered by ...
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Zoom retracts statement that it has 300M daily active users Zoom is not having a good month. As it scales to meet pandemic demand, it has been beset by security issues, which it has had to explain and fix. Today, The Verge reported that the company just changed a blog post, which had previously listed 300 million ...
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DraftKings Draws Overweight Rating From Morgan Stanley Shares of DraftKings (DKNG) fell Thursday even after Morgan Stanley initiated coverage on the sports gambling stock with an overweight rating and a $23 price target. DraftKings went public last Friday in a reverse merger with blank-check company Diamond ...
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Why Harley-Davidson Stock Is Falling 7% Today Shares of Harley-Davidson (NYSE:HOG) were pulling back almost 7% in morning trading Thursday after a two-day run following its earnings report that saw the stock rise by more than 30%. So what. After the motorcycle maker saw its stock lose nearly ...
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Six Flags' stock set to rally after loss widens, revenue falls less than expected Shares of Six Flags Entertainment Corp. SIX, +11.43% were indicated up more than 3% in premarket trading Thursday, after the theme park operator reported a narrower-than-expected first-quarter loss as revenue fell less than forecast. Park attendance ...
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Walmart gives Virginia employees bonus equaling $4.8 million statewide LYNCHBURG, Va. (WSET) -- Walmart is showing its appreciation to its employees and the community by announcing two new initiatives. Walmart associates in Virginia are receiving a bonus in their paychecks adding up to $4.8 million statewide. In total ...
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Allianz reports 30% fall in Q1 net profit, scraps 2020 target Earnings in line with expectations. Joins raft of insurers warning on outlook. Updates with background. FRANKFURT, April 30 (Reuters) - German insurance giant Allianz ALVG.DE reported on Thursday a preliminary 30% drop in first quarter net profit and ...
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Will Tampa Bay's craft beer scene survive the coronavirus pandemic? Tom Williams and his wife Michele opened their small craft brewery and tasting room back in 2014. A narrow, airy space with retractable doors leading out to St. Petersburg's First Avenue N, St. Pete Brewing Co. quickly became a favorite for downtown locals, ...
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Las Vegas economy hit hard amid coronavirus closures LAS VEGAS (CNN) - Some are calling Las Vegas ground zero for the U.S. economic crisis. The city is facing a crushing struggle because of the pandemic because the entire Vegas Strip is shut down.
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Sheetz extends extra compensation for employees through June LYNCHBURG, Va. (WSET) -- Sheetz announced they are extending its extra compensation for store employee through June 4. Originally, Sheetz said employees would get an additional $3 per hour until April 23, but as the situation around COVID-19 ...
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Local gas prices remain higher than state, national average Support local journalism by subscribing today! Click Here to see our current offers. Facebook · Twitter · WhatsApp · SMS · Email; Print; Save. Facebook · Twitter · WhatsApp · SMS · Email; Print; Save. COOS COUNTY — With increased oil production and less ...
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Audi E-Tron Sportback launches this summer with $77400 price tag Audi's second electric car is nearly here. Audi. Thursday brought a surprise from Audi as the German brand revealed its second electric car, the E-Tron Sportback, will hit the US this summer. Consider the E-Tron Sportback the standard E-Tron SUV's sportier ...
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Pork producer says it needs flexibility on virus guidelines O'FALLON, Mo. (AP) — The world's largest pork producer told a judge in Missouri on Thursday that it was working as quickly as it can to comply with federal guidelines that seek to slow the spread of the coronavirus but that it needs some flexibility in an ...
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Ranking 13 salsas to grab for Cinco de Mayo from Giant Eagle, Aldi, Trader Joe's refrigerated cases CLEVELAND, Ohio – Mexican food lovers will want to check out these grocery store refrigerated salsa rankings before their next trip considering Cinco de Mayo is fast approaching. Several Mexican restaurants are offering takeout and delivery during this ...
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Everett's Paine Field to scan body temperature before flying For more coverage, visit our complete coronavirus section here. Paine Field in Everett announced that it will begin screening passengers' body temperatures before flights to help stop the spread of the novel coronavirus and other illnesses. The technology, an ...
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Sweetgreen debuts dinner dishes as coronavirus keeps customers at home Sweetgreen is offering more than just salad bowls, the healthy food chain announced Thursday. Continue Reading Below. The salad restaurant is rolling out a "Plates" menu to offer customers more healthy meal options besides warm and cold salads, ...
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Halliburton layoffs hit Duncan Just three weeks after Halliburton layoffs in Duncan, the oilfield giant let another 240 employees go in Stephens County Thursday following oil prices going negative April 20 as demand collapsed while also shuttering two Texas based operation sites.
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Man shot postal worker after she pepper-sprayed him, court docs say INDIANAPOLIS — A 21-year-old man accused of killing a postal worker shot the woman after she pepper-sprayed him during an altercation, according to federal court documents. A criminal complaint was filed with the United States District Court of Southern ...
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British Airways could abandon Gatwick airport Until March, Gatwick was the busiest single-runway airport in the world. Today, the Sussex hub, code LGW, is open for just eight hours a day — and it may be about to lose its second-biggest airline. British Airways says it may never reopen its base at Gatwick ...
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Warren Buffett to Break Silence at Virtual Woodstock for Capitalists Warren Buffett calls his annual meeting a high point of the year. It's a time when Berkshire Hathaway Inc. shareholders converge on Nebraska to eat Dairy Queen ice cream, sample See's Candies and, most importantly, hear the wit and wisdom of one of the ...
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Advertising comes to the rescue of the tech giants In any economic downturn, advertising budgets are often among the first corporate expenses to be cut. But far from threatening the dominance of Google and Facebook, the pandemic is playing to the strengths of Silicon Valley's online ...
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Lockdown boosts Altria but it fears switch to cheaper brands Sales at Altria have surged during the coronavirus lockdown, but the Marlboro cigarette maker scrapped its guidance as it warned that smokers will switch to cheaper brands in the looming recession. The tobacco group on Thursday said net ...
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Tyson to temporarily halt production at Dakota City beef plant amid rising COVID-19 concerns DAKOTA CITY (AP) - Facing growing public scrutiny over an outbreak of COVID-19 at its Dakota City beef plant, Tyson Fresh Meats said late Wednesday it will shut down the 4,300-employee facility for four days, beginning Friday. Tyson officials said the halt in ...
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A new location for this weekend's Pizze Fritte pop up stand SYRACUSE, NY (WSYR-TV) — After a huge turnout last weekend, The Villa Pizze Fritte stand will open again this Friday, Saturday, and Sunday at a different location and new times. The drive through stand will be set up in the Orange Lot across from the New ...
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Building Materials Procurement Market Intelligence Report Forecasts Over USD 200 Billion Spend Growth in the Market LONDON--(BUSINESS WIRE)--Apr 30, 2020--. SpendEdge has been monitoring the global building materials market and the market is poised to experience spend growth of more than USD 200 billion between 2018-2023 at a CAGR of over 5% during the ...
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Things to Know If You're Planning to Eat at a Restaurant Some Houston restaurants are opening their dining rooms starting Friday. If you're of the belief that it's time to get out there and be in a public place, then you've probably been waiting for this day for a while. If you'd rather play it safe and stay home, ...
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Quaker Steak & Lube in Brick Closed Permanently The coronavirus pandemic has claimed a local restaurant that informed employees they will not be re-opening. Quaker Steak & Lube in Brick opened in October of 2012 and is one of three franchise locations in New Jersey. The Brick restaurant announced on ...
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Three more detainees test positive for COVID-19 in Lake County, IL LAKE COUNTY, Ill. - Three more detainees in Lake County, Illinois have tested positive for COVID-19. They were among nine detainees tested for the coronavirus after a detainee recently released in their tier contracted the disease, The Lake County sheriff's ...
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Walmart in Worcester closed after 23 employees test positive for COVID-19 (AP) -- A Massachusetts Walmart store has been shut down after 23 employees tested positive for COVID-19, the disease caused by the coronavirus. Dr. Michael Hirsh, Worcester's medical director, issued the shutdown order on Wednesday, a day after local ...
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Marriott International implements Project We care Hotel chains worldwide are making an effort to change their operations aligning with the Covid-19 safety guidelines. Further to the announcement of Marriott's Global Cleanliness Council, Marriott International in south Asia will implement Project We Care ...
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Lottery writing plan for reopening of Twin River casinos The Rhode Island Lottery and Twin River have a tentative plan to reopen casinos in the coming months, but will need the approval of Gov. Gina Raimondo and state health officials to go ahead with it. The plan will be submitted "shortly," Lottery Director Gerald ...
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