Tuesday, May 26, 2020

Google Alert - finance

Google
finance
As-it-happens update May 26, 2020
NEWS
Wall Street Journal
It isn't surprising that college debt is a hot-button issue in the U.S.: Americans collectively hold more than $1.5 trillion in federal student loans, making it the second-largest category of consumer debt, behind only mortgage debt. Among the approximately 43 ...
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Wall Street Journal
SHANGHAI—China's leaders are looking for new ways to draw consumers to electric vehicles as interest in them slumps. April was the first month in which Chinese EV sales declined while the overall auto market grew. Gasoline-car sales in April rose 6% ...
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National Post
(Adds strategist quotes and details throughout; updates prices) * Canadian dollar rises 1.5% against the greenback * Loonie hits strongest level since March 16 at 1.3757 * Price of U.S. oil settles 3.3% higher * Canadian bond yields rise across a steeper curve ...
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Forbes
The summer season is upon us and people are itching to travel, especially after being homebound for so long due to the coronavirus pandemic. The Transportation Security Administration (TSA) has issued updated safety measures for airport travel, which are ...
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New Zealand Herald
WELLINGTON (Reuters) - New Zealand's Central Bank said on Wednesday that the financial system is in a solid position to weather the significant economic impact caused by the COVID-19 pandemic and support the country's recovery. The Reserve Bank of ...
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New York Post
(Adds bail conditions). By Jonathan Stempel. NEW YORK, May 26 (Reuters) - A New Jersey used car dealer was criminally charged on Tuesday with exploiting the coronavirus pandemic by trying to defraud and price gouge New York City into buying N95 ...
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Car and Driver
Throughout its history, Mercedes-Benz design has seen remarkable shifts and changes. Current design chief Gorden Wagener has developed his own distinct styling language, and the current E-class coupe and cabriolet are arguably the most pure of all ...
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Chicago Tribune
Four struggling South Side hospitals have halted plans to combine into a new system after state lawmakers failed to set aside funding for the project, raising questions about access to care in some of the city's most challenged neighborhoods. Advocate Trinity ...
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Forbes
JPMorgan Chase CEO Jamie Dimon said Tuesday that the bank will likely boost its credit reserves again this quarter (after adding $7 billion in Q1) as it continues to brace for a massive uptick in loan losses caused by the coronavirus recession.
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Reuters
CHICAGO (Reuters) - Merck & Co Inc (MRK.N), which has largely kept to the sidelines of the race for COVID-19 treatments, said it was buying Austrian vaccine maker Themis Bioscience and would collaborate with research nonprofit IAVI to develop two ...
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Napa Valley Register
The California Department of Alcoholic Beverage Control wants to make it easier for some bars, wineries, distilleries and breweries to sell alcohol to-go during the coronavirus pandemic, but there are local hurdles. Businesses that primarily sell alcohol and do ...
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CNBC
Google will reimburse employees up to $1,000 to pay for equipment to help them work from home, CEO Pichai wrote to employees on Tuesday. He also detailed how the company will slowly reopen its offices, starting by rotating employees through offices at ...
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CNBC
"Everybody has to be reasonable with everybody. I want to be a reasonable tenant, and I expect the landlord to be reasonable with me," Landry's CEO Tilman Fertitta said on CNBC's "Power Lunch." Landry's has over 600 restaurants, and more than half of ...
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Bloomberg
Asian stocks looked set for a mixed start after Bloomberg News reported the Trump administration is considering sanctions on Chinese officials, another sign of deteriorating Sino-American relations. The dollar and Treasuries retreated.
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The Verge
Amazon has been successfully feeding talking points, video footage, and other corporate messaging to local television news stations ahead of its annual shareholder meeting on Wednesday. The footage and script are designed to paint Amazon in a positive ...
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CNBC
Domino's Pizza said Tuesday that its U.S. same-store sales climbed 14% during the first two months of its second quarter. As the broader fast-food industry has seen many of its customers return, Domino's has also noticed a lift to its own sales. The pizza chain ...
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Crain's Chicago Business
The 62 percent drop reflects a big pricing disconnect between buyers and sellers that isn't likely to be resolved anytime soon. Danny Ecker. Tweet · Share; More. Share · Email · Reprints Print. Curtis Waltz/aerialphotosofchicago.com. Sales of Chicago-area ...
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Bankrate.com
In response to the current state of the U.S. economy as a result of the coronavirus, credit card issuers have been cutting credit limits for some cardholders. Your credit limit not only affects your credit score but also how much you're able to spend on your card at ...
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Car and Driver
When Mini launched the first-generation Countryman, it shocked loyalists. The crossover SUV took the brand—whose very name suggests nimble, small proportions—straight into the mainstream. The second generation kept the size, but its more angular ...
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KPRC Click2Houston
HOUSTON – Though Six Flags Fiesta Texas in San Antonio isn't opening yet, its parent company has announced what opening the theme park could look like. In a news release, Six Flags Entertainment Corporation said everyone will have to wear masks to ...
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MarketWatch
Shares of Spotify Technology SA SPOT, +0.43% are down 0.4% in Tuesday morning trading after Axios reported that Amazon.com Inc. AMZN, -0.61% was interested in investing in localized podcast content. The report said that sports content was "top of mind" ...
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Las Vegas Review-Journal
HONG KONG — Casino tycoon Stanley Ho, whose business empire dominated the Portuguese gambling enclave of Macao for decades, has died in Hong Kong at age 98. Considered the father of modern gambling in China, Ho's long and eventful life tracked ...
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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. The coronavirus pandemic has some companies, including Peter Thiel's software firm Palantir, weighing whether to abandon the Golden ...
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MarketWatch
Keysight Technologies Inc. KEYS, +1.31% shares sank 7% in after-hours trading Tuesday after the maker of electronics test and measurement equipment and software reported fiscal second-quarter results that badly missed Wall Street estimates. Keysight ...
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South Bend Tribune
NILES — Green Stem Provisioning shut down temporarily about 11:45 a.m. Memorial Day but will be reopening for normal hours Wednesday after an employee tested positive for the coronavirus. The business decided to close shortly after learning about the ...
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PEOPLE.com
Boots on the Moooo'n features milk chocolate ice cream with fudge cows and toffee clusters around a sugar cookie dough core. By Ally Mauch. May 26, 2020 04:38 PM. Advertisement. FB Tweet More. Pinterest Email Send Text Message Print. BOOTS OON ...
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TheStreet
Evofem Biosciences (EVFM) - Get Report was rising sharply Tuesday after the Food and Drug Administration approved Phexxi, the company's birth-control gel. The company expects to launch the product in early September. Phexxi is a non-hormonal, vaginal ...
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The Boston Globe
New-home sales in the US unexpectedly increased in April after swooning a month earlier, suggesting the housing market is starting to stabilize. Purchases of new single-family houses climbed 0.6% from March to a 623,000 annualized pace, government ...
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The Columbian
Clark County lost about 24,300 jobs in April as the impact of the novel coronavirus pandemic hit home, pushing the unemployment rate to 13.8 percent. "We knew from unemployment claims data over the last two months that there was substantial job loss," ...
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KCTV Kansas City
KANSAS CITY, MO (KCTV) – The Ford Kansas City Assembly Plant has temporarily paused their production so they can deep clean the plant after an employee tested positive for the coronavirus. According to a spokeswoman for the plant, an employee tested ...
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The Spokesman-Review
Dr. Prakash Gatta couldn't believe his ears when he got the phone call in late March: The test came back positive. The Tacoma-based surgeon had contracted COVID-19, just as the virus case counts in Washington were peaking. Gatta had no idea where he ...
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WSMV Nashville
NASHVILLE, TN (WSMV) - Gaylord Opryland Resort and Convention Center will reopen their doors next month, according to a company statement. The announcement was made by Vice President and Market General Manager John Adams on Tuesday, but ...
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KFGO News
MONTREAL (Reuters) - Cirque du Soleil, its spotlight dimmed by the coronavirus pandemic, will receive $200 million in aid from Canada's Quebec province, an official said on Tuesday, as part of broader efforts to revive and keep the hard-hit international ...
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Houston Business Journal
Unit Corp., which handles a number of services across the oil and gas industry, owes more than $800 million in debt. The company's current plan has it giving equity ownership over to its creditors. iStock. By Joshua Mann – Senior reporter, Houston Business ...
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WHTC News
MILAN (Reuters) - Milan's Arbitral Tribunal has judged that the contracts over the sale of Italy's RCS headquarters to Blackstone in 2013 were valid but found that the purchaser's behaviour may entitle the Italian publisher to compensatory damages, RCS said ...
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Business Standard
An overseas listing may be on the cards for Jio Platforms, the digital and telecommunications subsidiary of Reliance Industries (RIL). According to sources aware of the development, work in this regard may commence soon after RIL sells 20-25 per cent in Jio ...
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Music Business Worldwide
Live Nation Entertainment has told its shareholders that it has officially pulled out of an agreed acquisition of a majority stake in Latin America's largest live music promoter. The US company was set to acquire a 51% stake in Mexico-based OCESA for a cash ...
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The Drive
Kia's budget-friendly Rio compact doesn't typically stand out in a crowd. The commuter is aimed largely at budget buyers interested in attractively priced means of personal transportation. However, Kia recently announced a refresh for its European market ...
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Pound Sterling Live
LONDON — The pound rose against the dollar and euro on Tuesday, hitting a two-week high and holding above $1.235, boosted mainly by improving global risk appetite which saw the greenback fall. World shares forged ahead and commodity markets ...
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CBS Dallas / Fort Worth
NORTH TEXAS (CBSDFW.COM) – The coronavirus pandemic hasn't spared some healthcare professionals from losing their jobs, and now 3% of Baylor Scott & White Health workers will experience just that. Baylor made the announcement Tuesday.
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TribLIVE
16 minutes ago. About $10.6 billion in unemployment compensation and special federal covid-19 funding has been distributed to Pennsylvania's jobless workers since businesses deemed nonessential were shut down in mid-March, officials said Tuesday.
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Aspen Times
Burton Snowboards on Tuesday announced that due to ongoing uncertainties around the COVID-19 pandemic, the company has made the difficult decision to cancel the 2021 Burton U.S. Open Snowboarding Championships, which was slated to take place ...
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Riverhead News Review
As Long Island reaches Phase 1 of reopening the economy, a team of six appointed officials across Long Island is responsible for monitoring key health metrics to make certain there's not a significant spike in COVID-19 cases. Joining both county executives ...
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