Wednesday, May 27, 2020

Google Alert - finance

Google
finance
As-it-happens update May 27, 2020
NEWS
Wall Street Journal
Bond investors cautiously cheered a proposal by the European Union to issue centrally backed bonds for the first time, a move that attempts to address financial divisions that have long plagued the eurozone. The European Commission, the bloc's executive, ...
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CNBC
Stocks moved between gains and losses on Wednesday during a volatile trading session. The reopening trade had another strong start, led by travel stocks such as airlines. All three large cap indexes and the Russell 2000 were looking to extend gains from ...
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Reuters
NEW YORK (Reuters) - Oil futures tumbled on Wednesday after U.S. President Donald Trump said he was working on a strong response to China's proposed security law in Hong Kong and as some traders doubted Russia's commitment to deep production ...
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Forbes
Walmart is the biggest retailer on the planet. ThredUP bills itself as the largest online thrift store. Now, the two have announced an online partnership that will give consumers access to 750,000 pre-owned women's and children's items, accessories, footwear ...
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Chain Store Age
Analysts are drawing comparisons between Tractor Supply's forecast and what Lowe's reported in its quarterly earnings. Tractor Supply is forecasting better-than-expected sales and earnings, sending shares higher. Tractor Supply Co. Email icon; Facebook ...
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CNBC
Amazon held its annual shareholder meeting on Wednesday, where it addressed shareholders virtually due to the pandemic. CEO Jeff Bezos lauded Amazon's frontline workers and defended the company's response to the coronavirus. Amazon Founder and ...
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Travel+Leisure
May 27, 2020. (12:45 p.m. EDT) -- Scientific and medical discoveries and advances will dictate any changes and protocols that Carnival Corporation and its nine cruise lines implement before they return, CEO and President Arnold Donald said. In an exclusive ...
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Forbes
Billionaire Bill Ackman of hedge fund Pershing Square Capital Management has exited his firm's about $1 billion position in Berkshire Hathaway BRK.B , seeking higher returns as cash continues to swell at Warren Buffett's investment conglomerate. Ackman's ...
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The New York Times
MILAN — Milan's Arbitral Tribunal has judged that the 2013 sale of RCS' headquarters to Blackstone Group was valid but found that the purchaser's behaviour may entitle the Italian publisher to compensatory damages, RCS said late on Tuesday. In relation to ...
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Forbes
Right now, millions of people are plowing cash into this market, gambling that the worst of the dividend cuts is behind us. I hope you're not one of them, because this "dividend trap" is likely to spring—and steal away the income (and value) these folks have ...
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Forbes
Destinations are getting creative—and generous—when it comes to luring travelers back to their destinations. Sicily announced it will cover travel costs to attract tourists to the tourist-starved Italian island, Japan is working on a program that will help subsidize ...
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The Verge
Google will soon let businesses add additional descriptors to their listings that appear in Google Search and Maps results to better help potential customers understand what online services they offer. The company is adding these new descriptors and ...
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pymnts.com
To help users manage everyday finances, Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi. The technology company said the account is secure and offers rewards for ...
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CNBC
Unemployment could remain stubbornly high for the next two years and slow the economic recovery, according to Goldman Sachs. The U.S. is paying displaced workers above their old salaries, a policy not followed in most other countries that instead ...
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Motley Fool
Shares of Hertz Global Holdings Inc. doubled on heavy volume Wednesday, but retraced only a fraction of what they lost after the car rental company declared bankruptcy ahead of the long weekend. The stock HTZ, +110.81% shot up 104% to climb back ...
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Barron's
U. S.-China relations continue to deteriorate, though U.S. markets have been relatively ambivalent about the tensions. But developments are on tap this week that could further sour matters, and at least one could force investors to pay more attention. Barely a ...
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Los Angeles Times
SeaWorld and Walt Disney World will reopen in Orlando, Fla., in June and July after months of inactivity because of the COVID-19 pandemic, according to plans a city task force approved Wednesday. The proposals will now be sent to Florida Gov.
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TechCrunch
In a closely-watched decision today, the Supreme Court of British Columbia published a key decision in the extradition case of Meng Wanzhou, the CFO of Huawei Technologies, China's largest telecommunications company and a frequent target of U.S. ...
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Investorplace.com
(Reuters) - Chevron Corp will cut 10% to 15% of its worldwide workforce as part of an ongoing restructuring at the second-largest U.S. oil producer. The oil producer previously disclosed a 30% reduction in its 2020 budget and voluntary job cuts amid this ...
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Fox Business
In order to have their loan forgiven, small business owners must fill out an 11-page application, released in mid-May. Facebook; Twitter; Comments; Print; Email. By Megan HenneyFOXBusiness. close. The first of the Payroll Protection Program loans are now ...
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Wall Street Journal
Social media companies are no strangers to controversy. That might be by design. Major social media stocks Facebook and Twitter traded down on Wednesday morning, after President Trump threatened punitive "action" in response to fact-check labels ...
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Barron's
Peloton Interactive shares were falling again on Wednesday, even after an analyst at Oppenheimer pointed to online traffic data he thinks could signal better-than-expected results subscriber growth. Where we were. Since Peloton went public last September, ...
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TechCrunch
Massachusetts-based smart home company Savant Systems this morning announced a deal to require GE Lighting. The division has existed as part of General Electric since 1911, with its origins reaching back even further to Thomas Edison's work in the ...
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TechCrunch
Cryptocurrency exchange company Coinbase has announced plans to acquire Tagomi, an advanced cryptocurrency brokerage platform specifically targeted at professionals and institutional investors. Terms of the deal are undisclosed and the acquisition is ...
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USA TODAY
As Elon Musk's SpaceX prepares to soar to new heights Wednesday, Tesla announced it would bring down its car prices. His electric vehicle and clean energy company reduced the price of the Model 3, Model S, and Model X in North America, reflected on ...
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Reuters
WASHINGTON (Reuters) - Expanded unemployment benefits were an appropriate policy during the coronavirus shut down but would not be appropriate as the recovery takes hold, St. Louis Federal Reserve president James Bullard said on Wednesday.
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Salt Lake Tribune
Zions Bank said Wednesday it will build a high-tech campus and operations center on the former Sharon Steel superfund site in Midvale. To be completed in the summer of 2022, the 400,000 square foot campus will accommodate more than 2,000 of the ...
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Louisville Business First
Unlike the vast majority of restaurants right now, Papa John's is emerging from the coronavirus crisis stronger than ever with another month of record sales. Earlier this month, I reported the Louisville-based pizza giant saw 27% comparable sales growth in ...
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TechRepublic
Many of the stores are offering curbside or storefront service only, while several will allow customers inside, albeit with face masks on and social distancing rules in effect. Live. How to repair your iPhone with Apple retail stores closed due to coronavirus. 7:21.
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Fox Business
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. Tesla CEO Elon Musk's short-lived spat with county officials over reopening a sprawling California factory led him to threaten to leave the ...
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MLive.com
Some of the biggest shopping malls in Michigan are preparing to welcome customers back this week as retail shopping has reopened. Great Lakes Crossing, Twelve Oaks, Somerset Collection and Woodland Mall are among the malls that have confirmed ...
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Fox Business
The report, prepared by the Federal Reserve Bank of St. Louis, was based on information collected through May 18. Facebook; Twitter; Comments; Print; Email. By Megan HenneyFOXBusiness. close. Federal Reserve Chair Jerome Powell and Treasury ...
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Winston-Salem Journal
For most Americans, May 13 was the last day to provide their direct-deposit information to the IRS so they could get their coronavirus stimulus check put straight into their bank account. COVID-19 payments were authorized by the Coronavirus Aid, Relief, and ...
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Houston Chronicle
A longtime Houston restaurant has closed its doors. Barry's Pizza, at 6003 Richmond Ave., announced on social media Tuesday that it has permanently closed due to the shutdown amid the coronavirus pandemic. "Well friends, it's official. COVID-19 killed ...
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cleveland.com
CLEVELAND, Ohio - Graduates might not be walking across stages to "Pomp and Circumstance" because of coronavirus concerns, but at least they can receive a coffee and doughnut: Dunkin' is offering a free medium hot or iced coffee and a free doughnut to ...
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MarketWatch
Ralph Lauren Inc. RL, +11.71% shares slipped 1.3% in Thursday premarket trading after the luxury clothing and accessories company reported wider-than-expected fourth-quarter losses. Net losses totaled $249 million, or $3.38 per share, after net income of ...
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Marion Star
MARION — Marion County's unemployment rate hit 17.5% in April, the highest it has been since 1982, according to Ohio Department of Job and Family Services estimates. Job and Family Services released April's county-level unemployment statistics on ...
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The Sydney Morning Herald
ASX-listed building products giant Boral is facing its second class action in six weeks over financial irregularities uncovered at its US windows business late last year. The action will be launched by Maurice Blackburn Lawyers on Thursday and will allege ...
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STLtoday.com
JEFFERSON CITY — State and local officials are preparing for the reopening of casinos on Monday, undeterred after photos of shoulder-to-shoulder Lake of the Ozarks revelers hit the national spotlight this weekend. The casinos will limit amenities and boost ...
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WFLA
(WFLA/CNN Newsource) – American Airlines wants to make sure customers know whether or not they will be boarding a full flight. If the airline sees a flight starting to fill up, it will let customers know. American Airlines will then let customers switch flights at no ...
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Business Today
Indian equity benchmarks rose over 3% on Wednesday, with the benchmark Sensex gaining more than 1,000 points during intraday trade, as banking and financial stocks witnessed huge buying interest ahead of the derivatives expiry on Thursday.
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Crain's New York Business
A new bill led by Rep. Carolyn Maloney would create a federally backed business interruption insurance fund to cover losses from a pandemic. Since the lockdown began, insurers have infuriated restaurants and other businesses by universally rejecting ...
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Spectrum News
There's a new mobile update from Apple and Google that's designed to help public health agencies track COVID-19, but it's also raising concerns among security experts. It works by sending random Bluetooth signals to other devices, but only ones that also ...
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WNWN-FM
FRANKFURT (Reuters) - The heads of Deutsche Bank and BlackRock on Wednesday warned against too much optimism in financial markets. Deutsche Bank chief executive Christian Sewing said that investors should not get carried away after a recent ...
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The Gardner News
WORCESTER — Another cluster of COVID-19 cases has emerged in Worcester, at the Sam's Club distribution center near the Walmart store on Tobias Boland Way, Worcester City Manager Edward M. Augustus announced Tuesday. Earlier this spring, 81 ...
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TechCrunch
RudderStack, a startup that offers an open-source alternative to customer data management platforms like Segment, today announced that it has raised a $5 million seed round led by S28 Capital. Salil Deshpande of Uncorrelated Ventures and ...
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PRNewswire
With help from Zack Colman and Gavin Bade. Editor's Note: Morning Energy is a free version of POLITICO Pro Energy's morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need ...
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