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Charting a bull-flag breakout, S&P 500 ventures atop 200-day average Editor's Note: This is a free edition of The Technical Indicator, a daily MarketWatch subscriber newsletter. To get this column each market day, click here. Technically speaking, the major U.S. benchmarks continue to trend higher, rising amid constructive, but ...
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TikTok Is Growing Up, and So Are Its Users Key Insights: TikTok generated "the most downloads for any app ever in a quarter" in Q1 2020. Buyers say TikTok doesn't allow for much targeting, so an expanded user base presents some challenges. Musical.ly first made a splash in The New York Times in ...
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Ryanair challenges Lufthansa's bailout package FRANKFURT (Reuters) - Low-cost carrier Ryanair (RYA.I) challenged Germany's 9 billion euro rescue package for Lufthansa (LHAG.DE) on Tuesday, saying it distorted competition, while the German carrier moves towards finalising the deal next month.
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Amtrak says it needs another $1.5 billion bailout to stay afloat Amtrak says it needs nearly $1.5 billion in supplemental funding from the federal government to maintain "minimum service levels," anticipating ridership will not recover to pre-pandemic levels in fiscal 2021. In a letter to Congress, Amtrak chief executive Bill ...
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Facebook Changes Blockchain Name To Avoid Confusion Facebook's blockchain division, Calibra, will get a new name as a way to distance it from Facebook's Libra digital currency, according to a Bloomberg report on Tuesday (May 26). "The blockchain team is building a digital wallet for Facebook's apps, which will ...
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Wall Street up as Recovery Hopes Overshadow Virus Worries Stocks surged on Wall Street in afternoon trading Tuesday, driving the S&P 500 to its highest level in nearly three months, as hopes for economic recovery overshadow worries about the coronavirus pandemic. The S&P 500 was up 1.9% to 3,012 points.
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Distressed Real Estate Market Beckons Opportunistic Buyers Hoping to take advantage of wreckage in the wake of the coronavirus pandemic, investors are preparing to snap up commercial real estate at rock-bottom prices. Long before states and cities closed businesses and issued stay-at-home orders, many real ...
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Russia plans to drill oil wells and pump in 2022 when OPEC+ deal expires MOSCOW, May 26 (Reuters) - The Russian government has tentatively approved a plan on drilling idle oil wells in order to prepare for restoration of oil production once the global deal on output curbs expires in 2022, according to a government statement ...
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Foot Locker focuses on shoes but shoppers want fitness apparel during coronavirus lockdowns Foot Locker Inc. has become the go-to shop for sneakers, but shoppers are looking for workout gear and comfortable clothes for lounging around their homes during coronavirus lockdowns, according to analysts. Foot Locker FL, +4.92% reported ...
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France Unveils $8.8 Billion Rescue for Ailing Car Industry PARIS (AP) — French President Emmanuel Macron announced an 8 billion-euro ($8.8 billion) plan Tuesday to save the country's car industry from huge losses wrought by virus lockdowns, including a big boost for electric vehicles. The plan includes ...
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PagerDuty sees a tailwind as businesses race to go digital As the COVID-19 pandemic keeps people at home -- away from their offices, as well as the storefronts they'd typically visit -- organizations are racing to stand up their digital operations. They're building digital infrastructure and applications faster than ever ...
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Boeing and Airbus study how coronavirus behaves during air travel Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. Boeing Co. and Airbus SE are researching the new coronavirus's behavior inside jetliners, part of an industry push to curb risks that have ...
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If You're 62 or Older, You Might Be Able to Get an Interest-Free Loan from Social Security Americans face an unprecedented economic situation due to the coronavirus and the great lockdown needed to slow the spread of COVID-19. For many, the financial chaos has made it difficult to pay the bills. For those 62 or older, a job loss or income cut ...
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FDA Grants Fast Track Designation for CLR 131 in LPL/WM The FDA has granted fast track designation for CLR 131 in lymphoplasmacytic lymphoma (LPL)/Waldenstrom's macroglobulinemia (WM) in patients having received 2 prior treatment regimens or more, according to Cellectar Biosciences, the developer of the ...
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Where will sales of electric cars, hybrids land after the vehicle-sales free fall? The coronavirus pandemic that hit the U.S. in mid-March, and the economic slowdown that followed, have likely affected vehicle-purchase decisions for millions of U.S. households. What that means about the types of vehicles they buy remains to be seen.
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Coronavirus: Six Flags Discovery Kingdom, Hurricane Harbor announce new safety measures Six Flags Discovery Kingdom and Six Flags Hurricane Harbor Concord on Tuesday released details of new health and safety measures, including the use of advanced technology systems to protect guests and employees when the parks reopen. The parks ...
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New home sales edge upward in April despite coronavirus stay-at-home orders Home builders have an opportunity to see improved sales by shifting their designs to meet buyers' new preferences in a post-coronavirus world. Sales of new homes improved slightly in April, despite a dip in consumer confidence fueled by the coronavirus ...
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2021 Mercedes-Benz S-Class front end revealed in official teaser Mercedes isn't taking any risks when it comes to the S-Class' interior. Mercedes-Benz. Mercedes-Benz has released the first official teaser for the next-gen S-Class sedan, actually showing the car's front end without any camouflage. Code-named W223, it will ...
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Pizza Hut is giving away 500000 free pizzas to celebrate the class of 2020 (CNN) Proms have been canceled, and graduation ceremonies have gone virtual as a result of the pandemic. But while high school seniors may have missed out on walking down the aisle in caps and gowns, Pizza Hut is celebrating the class of 2020 by ...
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Tesla Cybertruck size, electric oil tanker, EV sales amid pandemic: Today's Car News The Tesla Cybertruck won't get smaller for production. An electric oil tanker will make quite the statement. A very flat EV platform could get some sophisticated suspension work to tie it together. And where will EV and hybrid sales go from here? This and more ...
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Carnival Corporation CEO Talks Future of Cruising with Porthole Cruise MIAMI, May 26 2020 /PRNewswire/ -- Arnold Donald, CEO of Carnival Corporation, joins editor-in-chief of Porthole Cruise Magazine, Bill Panoff, to discuss the latest news in cruise and Carnival Corporation's response to COVID-19, including what's ahead for ...
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Acura Reveals 2021 TLX Sedan Will Get New Platform, Control-Arm Suspension Acura continues to tease the upcoming 2021 TLX sedan before its official debut later this week. Until then, we'll have to settle for being fed morsels of information. From the image that Acura released, we can see what appears to be a wide and low car and ...
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Mercedes-Benz wants to make a sportier, sharper SL like in the old days Mercedes-Benz's famed SL nameplate is rooted in racing, but the models that have proudly worn it have tilted towards the grand tourer side of the convertible spectrum for decades. The next-generation roadster tentatively due out by the end of 2021 will ...
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US Manufacturing Industry | Infiniti's Industry Experts Reveal How to Improve Scalability and Compete in the Future LONDON--(BUSINESS WIRE)--May 26, 2020--. A well-known market intelligence company, Infiniti Research, has announced the completion of its latest article – how to improve scalability and compete in the future. This press release features multimedia.
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Kia Rio goes mild-hybrid, gets wild manual transmission technology in Europe No neck snapper, but it packs a lot of new tech. Kia. Kia's given the Rio small car a refresh in Europe, and the changes include some revisions to the powertrain lineup, too. The brand detailed the new additions in a Tuesday announcement. We won't get the ...
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Publix to open new store in Vestavia Hills Publix has announced it will open its new store in Liberty Park June 3. The new location, at The Market Place at The Bray in Vestavia Hills, 3201 Endeavor Lane, will open at 7 a.m. Wednesday, June 3. The company had originally announced an opening for ...
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Ameristar Casino Hotel to lay off nearly 600 employees in KC KANSAS CITY, Mo. — Boyd Gaming, the parent company of the Ameristar Casino Hotel in Kansas City, Missouri, announced Tuesday they would be laying off nearly 600 employees at the Kansas City location. The move is in response to the COVID-19 ...
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Williams-Sonoma Stock Is a Buy Because Rich People Will Keep on Shopping Williams-Sonoma stock is rising on Tuesday, following an upgrade from Telsey Advisory Group, which argues that consumers' willingness to spend money on improving their houses—now that they're spending more time at home than ever—is more than a ...
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Workers' Lawsuit Against McDonald's Seeks Safety Measures, Not Damages As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to strengthen protection against further spread of the coronavirus. Workers and their ...
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Where Is My Stimulus Check? Americans who fell below certain income thresholds have received stimulus checks of $1,200 per adult and $500 per child that were designed to help deal with the economic troubles created by the coronavirus pandemic. Millions of direct deposits were made ...
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Indian economy to contract 5% in FY21: Fitch Ratings NEW DELHI: Fitch Ratings on Tuesday forecast the Indian economy to contract 5 per cent in the current fiscal on account of slump in economic activities following a "very severe" lockdown that has lasted much longer than expected. In its Global Economic ...
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What you need to know if you plan on using Uber or Lyft in the future HOUSTON – Since COVID 19, ridership has dropped 80% for companies like UBER or Lyft as customers and drivers don't feel safe amid this pandemic. UBER and Lyft both say though their commitment to safety is not new, their approach to a new rider ...
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Coronavirus Lockdown: SC issues notice to Centre, RBI on plea against interest on loans during moratorium New Delhi: The Supreme Court Tuesday asked the Centre and the RBI to respond to a plea challenging levy of interest on loans during the moratorium period, which has now been extended by another three months till 31 August due to the coronavirus ...
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Lilly, Junshi Biosciences to start human trials of COVID-19 antibodies (Reuters) - Shanghai Junshi Biosciences Co Ltd said on Tuesday it planned to start clinical studies to test its experimental COVID-19 antibodies, developed with partner Eli Lilly and Co, by the second quarter of the year in the United States and China.
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Macy's is open for business If you have missed shopping, good news, Macy's has opened their stores with enhanced safety and wellness procedures. Joana Canals found out what they are doing to keep shoppers safe and all the ways to shop at Macy's. For more information or to find a ...
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Sensex falls over 450 pts from day's high, ends 63 pts lower; IT stocks top drags MUMBAI: Weakness in IT stocks and a block deal in Bharti Airtel erased early gains for the benchmark equity indices on Tuesday, although the broader market displayed optimism that was visible in world equities as more economies opened up gradually.
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SGRE wins turbine contracts for 2640MW Virginia wind farm Siemens Gamesa Renewable Energy (SGRE) has won a contract to supply its SG 14-222 direct drive offshore wind turbine for the 2,640MW Coast Virginia Offshore Wind (CVOW) commercial project. Developed by Dominion Energy, the offshore wind farm ...
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Germany's GIZ to help India evaluate optimal power mix with renewables New Delhi: Germany's development agency, GIZ, has appointed research group DNV GL to conduct a study in the southern part of India to evaluate optimal power balancing required to meet the country's renewable energy plans by 2022. The Norway-based ...
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Thunder Valley Casino Resort plans reopening LINCOLN, CA – Thunder Valley Casino Resort today announced plans to reopen on Monday, June 8 at 10 a.m.. Over the last two months, Thunder Valley has been working diligently to prepare the property by implementing a comprehensive reopening plan ...
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AutoZone: Fiscal 3Q Earnings Snapshot MEMPHIS, Tenn. (AP) — AutoZone Inc. (AZO) on Tuesday reported fiscal third-quarter profit of $342.9 million. On a per-share basis, the Memphis, Tennessee-based company said it had profit of $14.39. The results beat Wall Street expectations. The average ...
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'First Step Towards A New Normal': Philadelphia Allowing Restaurants, Food Trucks To Have Walk-up Ordering PHILADELPHIA (CBS) — Philadelphia is easing some restrictions ahead of June 5 when the city is expected to move to the "yellow" phase of Pennsylvania's reopening plan. City officials announced Tuesday that restaurants and food trucks are now allowed ...
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COVID-19: Singapore heads towards worst-ever recession in nearly two decades SINGAPORE: Singapore is heading towards its worst-ever recession in nearly two decades as the economy continues to feel severe strain from the COVID-19 pandemic, which has infected 32,343 people in the country, officials said on Tuesday. The gross ...
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Off-price could become a bright spot for the retail industry as stores reopen An economic downturn and a glut of apparel and accessories are setting the stage for off-price retailers to recover faster from coronavirus-led closures than other retail sectors. Like many retailers, The TJX Companies Inc., Ross Stores Inc. and Burlington ...
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Swedish Finance Minister: functioning internal market bigger boost to Europe than recovery fund STOCKHOLM (Reuters) - Returning to a fully functioning internal market in the European Union would do more to help economic recovery than a mooted recovery fund, Swedish Finance Minister Magdalana Andersson said on Tuesday. "Any step we take ...
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GRAINS-Soybeans rise after 2 days of losses; US-China tensions cap gains ... * Soybeans gain 0.9%, market recovers from Friday's one-month low. * Wheat up after Friday's drop, weaker dollar supports commodities (Adds analyst quotes, details on China's soybean imports, speculators' positions). By Naveen Thukral. SINGAPORE ...
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Kentucky hair salons, nail spas reopening with guidelines PADUCAH — Hair salons, nail spas, message therapists, and tattoo parlors in Kentucky are now allowed to open. They're following state guidelines to keep you healthy. Massage therapy at Di Sorrelas. Clients were finally back in the styling chair at Di ...
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