Google Alert - finance

	finance As-it-happens update ⋅ May 29, 2020
	NEWS
	Forbes How Will Covid-19 Change Corporate Strategy? Forbes THE EDGE - SIMON FLOWERS. Future energy demand may look very different after the Covid-19 pandemic. Our three scenarios – full recovery, go-it-alone and greener growth – aim to capture how policy and societal changes in the wake of the virus may ... Flag as irrelevant
	Reuters California regulator approves PG&E's Chapter 11 reorganization plan Reuters (Reuters) - PG&E Corp said on Thursday its Chapter 11 reorganization plan has been confirmed by a California power regulator, bringing the power provider one step closer to emerge from bankruptcy and participate in a state-backed wildfire fund. Flag as irrelevant
	University Herald RPT-China, India soak up oil from floating storage as demand recovers Reuters (Repeats earlier story for wider readership with no change to text). By Shu Zhang and Florence Tan. SINGAPORE, May 28 (Reuters) - The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in ... Flag as irrelevant
	Reuters India's economy seen slowing rapidly in March quarter, with worse to come Reuters NEW DELHI (Reuters) - Gross domestic product data out later on Friday is expected to show India's economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already declining consumer demand and ... Flag as irrelevant
	BBC News Coronavirus: UK sees almost no car manufacturing in April BBC News British car manufacturing came to a screeching halt in April, down 99.7% against the same month last year. It was the lowest output since the Second World War, according to the industry body, Society of Motor Manufacturers and Traders (SMMT). Just 197 ... Flag as irrelevant
	Los Angeles Times LA shopping malls reopen. The feel is more ghost town than Black Friday Los Angeles Times Black Friday it was not as Southern California malls and shopping centers opened to small crowds and strict social distancing rules aimed at preventing the spread of the coronavirus. Los Angeles County this week allowed many retailers and malls to reopen ... Flag as irrelevant
	CNBC Dollar Tree CEO wonders how long a sales surge from customers spending coronavirus checks can last CNBC Dollar Tree CEO Gary Philbin told CNBC on Thursday that the company noticed a bump in sales related to coronavirus stimulus checks this spring. "Without a doubt we see it. The further we get away from that, it will be interesting to see how customers ... Flag as irrelevant
	The Verge Elon Musk reaches first Tesla compensation award worth nearly $800 million The Verge Tesla CEO Elon Musk has unlocked the first of 12 possible stock option awards from the massive compensation plan he signed in 2018, and it's worth nearly $800 million. The company disclosed on Thursday that Musk now has the option to buy 1.69 million of ... Flag as irrelevant
	Reuters Canada's CIBC lost $64 million in a day on paper in gold market turmoil Reuters LONDON (Reuters) - Canadian Imperial Bank of Commerce (CIBC) took a mark-to-market trading loss of C$88.2 million ($64 million) in one day in March due mainly to volatility in the gold market, the bank said in its second-quarter earnings report on ... Flag as irrelevant
	Motley Fool Why Shares of General Electric Fell Today Motley Fool Shares of General Electric (NYSE:GE) fell 7% on Thursday, weighed down by the company's CEO warning that investors should expect negative free cash flow in 2020. The company was already facing a difficult future as the year began, and the COVID-19 ... Flag as irrelevant
	Reuters US weekly jobless claims drop, but economic recovery still elusive Reuters WASHINGTON (Reuters) - The number of Americans seeking jobless benefits fell for an eighth straight week last week, likely as some people returned to work, but claims remained at astonishingly high levels, suggesting it could take the economy a while to ... Flag as irrelevant
	Albuquerque Journal Rising US job losses stir fears of lasting economic damage Albuquerque Journal WASHINGTON — The coronavirus crisis threw at least 2.1 million Americans out of work last week despite the gradual reopening of businesses around the country, stoking fears Thursday that the scourge is doing deep and potentially long-lasting damage to ... Flag as irrelevant
	ZDNet Dell Technologies beats Q1 estimates with strong commercial notebook sales ZDNet Dell Technologies reported a strong first quarter on Thursday, with strong growth from key elements of its Client Solutions Group, particularly commercial notebooks. However, total revenues were effectively flat year-over-year with infrastructure sales declining ... Flag as irrelevant
	Tulsa World Local impact to national American Airlines' cuts in management staff to materialize in coming months Tulsa World While American Airlines on Thursday announced plans to reduce management and support staff (MSS) nationally by 30%, it is immediately unclear how that will affect Tech Ops-Tulsa, the airline's largest maintenance facility. Linda Brock, local spokeswoman ... Flag as irrelevant
	MarketWatch Williams-Sonoma stock rallies 9% as company says online orders continue to grow MarketWatch Shares of Williams-Sonoma Inc. WSM, -0.43% rallied more than 9% in the extended session Thursday after the retailer said its online business experienced "breakout" growth in the latter part of the first quarter and "continues to accelerate," making up for store ... Flag as irrelevant
	pymnts.com House Eases Rules On PPP Loans pymnts.com A measure that would make it easier for small businesses (SMBs) to get their hands on a forgivable federal loan has easily passed the House, The Wall Street Journal reported. The bi-partisan bill answers a request from entrepreneurs who asked lawmakers ... Flag as irrelevant
	Motley Fool Ulta Beauty Posts an $80 Million First-Quarter Loss Motley Fool Ulta Beauty (NASDAQ:ULTA) on Thursday afternoon announced first-quarter results that showed a major impact from COVID-19 store closures. Sales fell by more than one-third, and earnings fell to an $80 million loss from a $192 million gain a year earlier. Flag as irrelevant
	Motley Fool Why Moderna Stock Rose Today Motley Fool Shares of Moderna (NASDAQ:MRNA) climbed 6.4% on Thursday after the biotechnology company said that it extended a manufacturing agreement with a key supplier for its experimental coronavirus vaccine. Flag as irrelevant
	Washington Post Wall Street rally ends on fears about US-China tensions The Boston Globe Wall Street's rally ran out of fuel in the last hour of trading on Thursday, and the market fell to its first loss in four days amid worries about rising US-China tensions. The S&P 500 had been climbing for much of the day and was up as much as 1.1 percent at one ... Flag as irrelevant
	Vanity Fair "You Cannot Do That": Why Trump's "Warp Speed" Race for a COVID-19 Vaccine Is Dangerous and Likely to Fail Vanity Fair The end of the COVID-19 pandemic will come with the development of a safe and effective vaccine, a process experts say will take at least 12 to 18 months. Last week, however, the U.S. Department of Health and Human Services (HHS) blew that timeline out ... Flag as irrelevant
	Business Insider Goldman Sachs lists 5 reasons why bitcoin is 'not an asset class', nor 'a suitable investment' Business Insider Goldman Sachs gave five reasons why it thinks bitcoin is "not an asset class" nor "a suitable investment" in a presentation Wednesday morning. Goldman observed that the cryptocurrency infrastructure is still young and susceptible to hacking or inadvertent ... Flag as irrelevant
	BBC News Uber destroys thousands of bikes and scooters BBC News Uber is destroying thousands of electric bikes and scooters, after selling its Jump business to Lime. Videos of its red bikes being crushed at a recycling centre were shared on social media, angering cycling advocates. Uber said it had decided to destroy ... Flag as irrelevant
	Reuters Costco's earnings hit by extra expenses from wages, cleaning amid coronavirus pandemic MarketWatch Costco Wholesale Corp. shares fell in the extended session Thursday after the retailer missed Wall Street expectations for its fiscal third quarter, during which it spent nearly $300 million in wages and extra sanitation amid the coronavirus pandemic. Costco ... Flag as irrelevant
	KSBY San Luis Obispo News Amtrak Pacific Surfliner service to be partially restored June 1 KSBY San Luis Obispo News Starting June 1, Amtrak Pacific Surfliner train service will be partially restored along the Central Coast, with one train in each direction extending up to San Luis Obispo daily. An additional train will also be extended from Los Angeles to Santa Barbara/Goleta. Flag as irrelevant
	The New York Times CVS, Nuro to Test Driverless Prescription Delivery in Houston Area The New York Times LOS ANGELES — CVS Health Corp and unmanned vehicle delivery Nuro in June will start testing a service that drops prescriptions and other essentials free of charge to some customers in the Houston area, the companies said on Thursday. CVS and other ... Flag as irrelevant
	San Francisco Chronicle San Francisco's 41-year-old Zanze's Cheesecake is converting to wholesale San Francisco Chronicle The reports of Zanze's Cheesecake's death have been greatly exaggerated. Sam Zanze, the bakery's owner and baker, wanted to correct the record after a misleading Facebook post from his daughter led to articles announcing the closing of his business. Flag as irrelevant
	STLtoday.com NSA: Russian agents have been hacking major email program STLtoday.com The U.S. National Security Agency says the same Russian military hacking group that interfered in the 2016 presidential election and unleashed a devastating malware attack the following year has been exploiting a major email server program since last ... Flag as irrelevant
	Oklahoman.com Ollie's Bargain Outlet: Fiscal 1Q Earnings Snapshot STLtoday.com HARRISBURG, Pa. (AP) — Ollie's Bargain Outlet Holdings Inc. (OLLI) on Thursday reported fiscal first-quarter earnings of $33.5 million. On a per-share basis, the Harrisburg, Pennsylvania-based company said it had net income of 51 cents. Earnings, adjusted ... Flag as irrelevant
	News3LV 'Legendary Vegas Safe Fun:' Hotels and casinos preparing for anticipated reopening News3LV LAS VEGAS (KSNV) — Hotels and casinos across the valley are gearing up to reopen. Social distancing between slot machines, temperature checks and limited seating at gaming tables--these are a few of the safety requirements patrons will notice when ... Flag as irrelevant
	TheThings Dwyane Wade says he makes the best burger in the world. We get to decide if he's right Miami Herald Did you know National Burger Day this year lasts four days in Miami? This is good news, and we could all use that. To celebrate this momentous time of year, a few celebs have teamed up to create the ultimate meat patty through Sunday for the so called ... Flag as irrelevant
	fox13now.com Accuracy of COVID-19 antibody tests is being questioned fox13now.com DRAPER — The city of Draper is adding another day of COVID-19 antibody testing to it's calendar after the first few days sold out within 48 hours. Many people are wondering if they should even get an antibody test after new guidance from the Centers for ... Flag as irrelevant
	wineindustryadvisor.com News Alert: Constellation, Gallo Further Revise Their Billion-Dollar Deal Shanken News Daily Constellation Brands and E.&J. Gallo are edging closer to completing their billion-dollar deal covering a host of lower-end wine brands, but today the two companies announced that Constellation's California-based Mission Bell winery will no longer be ... Flag as irrelevant
	Washington Post Fitch Rates LA County MTA, CA's 2020-A Sales Tax Revs 'AA+'; Outlook Stable Fitch Ratings Fitch Ratings - San Francisco - 28 May 2020: Fitch Ratings has assigned a 'AA+' rating to the following Los Angeles County Metropolitan Transportation Authority, California (the authority or Metro) bonds: --$29 million Proposition C sales tax revenue ... Flag as irrelevant
	FOX 21 Online Cloquet Thrift Store Closes Permanently FOX 21 Online CLOQUET, Minn. – After more than 30 years in business, the Salvation Army thrift store in Cloquet is closing its doors for good. The shut down is the result of the new financial climate with Covid-19. The non-profit began looking at their mission of helping ... Flag as irrelevant
	ABC27 Man says he broke into bank to heat up his Hot Pockets ABC27 SAN DIEGO, CA (KGTV/CNN WIRE/WBTW) – Authorities say a man broke into a bank to use a microwave for his Hot Pocket Wednesday. Police were called to a Wells Fargo bank in San Diego early that morning. When they arrived, they found a broken ... Flag as irrelevant
	The News Heater Geron: 1Q Earnings Snapshot San Francisco Chronicle MENLO PARK, Calif. (AP) _ Geron Corp. (GERN) on Thursday reported a loss of $16.4 million in its first quarter. On a per-share basis, the Menlo Park, California-based company said it had a loss of 8 cents. The drugmaker posted revenue of $52,000 in the ... Flag as irrelevant
	San Antonio Current San Antonio Chef Johnny Hernandez Introduces La Gloria Margarita Trucks San Antonio Current For many San Antonians, rushing to the street with spare change at the sound of a faint, familiar jingle is associated with a specific memory: the ice cream man cometh! Enter Johnny Hernandez of La Gloria, whose newly launched Margarita Trucks are ... Flag as irrelevant
	Eater Houston Houston Restaurant Weeks Founder Cleverley Stone Dies at 68 Eater Houston After being diagnosed with uterine cancer last year, Houston Restaurant Weeks founder Cleverley Stone has died. A press release announced on Thursday that Stone passed away on May 28 at the age of 68 years old. A fixture of Houston food media, Stone ... Flag as irrelevant
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