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Crude prices fall on concerns of US riots, even as OPEC meeting advanced NEW YORK (Reuters) - Oil prices fell due to concerns about riots in major U.S. cities that could staunch demand after trading higher on optimism that OPEC would extend or enhance production cuts at a meeting in June. FILE PHOTO: A pump jack on a lease ...
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America's Oil And Natural Gas Investments Must Continue Apace As our energy-environment discussion marches on amid the pandemic, one of our biggest concerns must be that temporary fallen demand and extreme lower prices discourage investments in new oil and natural gas supply. Worse, there is also a loudening ...
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Coty to Appoint Chairman Peter Harf as CEO to Spearhead Turnaround Coty Inc. is set to appoint its fourth new chief executive in less than four years, as the cosmetics and fragrance maker strives to revive slumping sales and reduce its burdensome debt load. Peter Harf, Coty's current chairman, will also assume the CEO role as ...
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Asia cautious as US riots weigh on S&P futures SYDNEY (Reuters) - Asian share markets started on a cautious note and gold gained on Monday as images of riots in burning U.S. cities unnerved investors already tense over Washington's power struggle with Beijing. FILE PHOTO: A passerby wearing a ...
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Asia cautious as US riots weigh on S&P futures SYDNEY (Reuters) - Asian share markets started on a cautious note and gold gained on Monday as images of riots in burning U.S. cities unnerved investors already tense over Washington's power struggle with Beijing. FILE PHOTO: A man wearing a ...
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Remote working: How cities might change if we worked from home more For many of us, our homes have become our workplaces over the past few months, and a full return to the office still appears a remote prospect. Major tech companies say they are open to their staff working from home permanently. Employees are coming to ...
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Loganair flights relaunch from Aberdeen to Birmingham and Newcastle Aberdeen Airport will receive a boost as Loganair resumes two domestic routes later. The airline is relaunching flights to Birmingham and Newcastle, as it starts to move towards restoring full services after the Covid-19 crisis grounded most of its services.
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RPT-UPDATE 2-China May factory activity growth cools as weak demand curbs output -- official PMI (Repeats story from Sunday with no changes to text). * May manufacturing PMI at 50.6 vs April 50.8 (Reuters poll 51.0). * Output growth eases, new export orders shrink, employment falls. * Services PMI for May 53.6 vs April 53.2. * Construction activity shoots ...
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Retailers Already Hit by Coronavirus Board Up as US Protests Rage NEW YORK — Retail giant Target Corp said on Sunday it shuttered stores across the United States as retailers already reeling from closures because of the coronavirus pandemic shut outlets amid protests that included looting in many U.S. cities. Protests ...
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The Station: Amazon eyes Zoox, Aurora goes back to school and Cabana hits the road The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi and welcome back to The Station, a newsletter dedicated to all the present and future ways people ...
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Asia Pacific stocks trade mixed; China says its May factory activity expanded Shares in Asia Pacific were mixed on Monday. Investor focus on Monday will likely be on Chinese economic data for a better gauge of the state of the country's economic recovery from the coronavirus pandemic. Data released over the weekend by China's ...
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EVs, Rockets, & Innovation: Where Would We Be Without Elon Musk? May 31st, 2020 by Johnna Crider. It's a hot Louisiana afternoon and as I write this I'm inside watching the SpaceX livestream. My neighbor brought over cheeseburgers and my kitten, Tesla, is going nuts because I won't let him chew on the HDMI cord.
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The stock market isn't reflecting reality... yet, warns Citi investment banker 'We definitely feel that the markets are way ahead of reality. We really are telling every client to tap the market if they can because we think the pricing now couldn't get any better.' " That's Manolo Falco, Citigroup's C, -2.54% co-head of investment banking, ...
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Renewables Overtake Coal, But Lag Far Behind Oil And Natural Gas Last week the Energy Information Administration (EIA) reported something extraordinary. For the first time in 135 years, last year U.S. consumption of renewables surpassed consumption of coal. Renewables overtook coal in 2019. Coal and Renewables 1776 ...
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Delta, union working to avoid furloughs of 2300 pilots (Reuters) - Delta Air Lines Inc (DAL.N) and its pilots union said on Sunday they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing to summer 2021 flying. Delta said this month that it would have more ...
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Which Airline Has the Best Loyalty Program? Share this page: Facebook share icon · Twitter icon · LinkedIn social share icon · Mail icon. Frequent flyer programs are big business for airlines, but some are much more successful than others. A woman standing on the sunny tarmac and waiting to board a ...
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South Korean Exports Fall for Third Month but at a Slower Pace SEOUL — South Korean exports tumbled in May for the third straight month, though at a slower pace, as extended global lockdown measures to contain the wider spread of the coronavirus weighed on worldwide demand. Shipments contracted 23.7% ...
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UK Government Must Give Direct Support to Manufacturing, Says Make UK LONDON — Britain's government should provide direct support to strategic manufacturing sectors and companies, particularly in aerospace, automotive and steel production, to help them through the coronavirus crisis, trade body Make UK said on Monday.
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Natural Gas Is Losing Its Shine for Ship Operators Natural gas tankers in recent years provided a seemingly surefire way for shipping investors and vessel operators to tap into changing energy markets and the raft of U.S. export projects aimed at meeting demand in Asia.
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Facebook Australia full-year profit slips slightly as revenue receives 33% boost Facebook Australia has reported after-tax profit of AU$22.7 million for the 2019 financial year, slightly down from last year's AU$23.3 million. For the year ending 31 December 2019, the Australian arm of the social media giant recorded AU$16.8 million as an ...
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RTD Suspends Bus And Rail Service In Downtown Denver Through Monday Night DENVER (CBS4) — RTD is extending the suspension of bus and rail service through the end of the service day on Monday. Service was initially suspended on Friday afternoon. "To ensure safety of employees and riders, we will continue to suspend all bus ...
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Impossible Foods May Be Planning To Sell Directly To Consumers A recent Twitter post from Impossible Foods seems to indicate that the company may be planning to sell its plant-based meat products directly to consumers. A previous press release announcing its collaboration with Cheetah implied a similar plan.
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Stock futures slip, with Wall Street set to give back some of May's strong gains States continue to reopen their economies after the coronavirus pandemic forced the country to shutter nonessential businesses. The reopening is now taking place amid widespread protests across the U.S. over police brutality. Traders are also grappling with ...
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Fraudsters Exploit COVID-19 To Scam $5.6m From Victims Fraud victims have lost more than $5.6m (£4.6m) in coronavirus-related scams in the UK during the lockdown. More than 2,000 victims lost money through fake goods sold online, cold-calls, SMS messages and other types of types of fraud, according to the UK ...
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Rise in Japan's First-Quarter Capex Undercut by Profit Slump TOKYO — Japanese firms raised spending on plant and equipment in the first quarter, a survey showed on Monday, though a sharp decrease in profits underlined the widening economic impact of the coronavirus outbreak. Capital spending rose 4.3% in the ...
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Commodity Weekly: Crude Oil Frets Geopolitics, Sluggish Demand Bounce FXEmpire.com -. The energy sector gave back some of their record monthly gains, industrial metals paused while precious metals rose on increased geopolitical concerns, a weaker dollar and lower bond yields. Commodities trading was mixed during the ...
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UK government must give direct support to manufacturing, says Make UK LONDON (Reuters) - Britain's government should provide direct support to strategic manufacturing sectors and companies, particularly in aerospace, automotive and steel production, to help them through the coronavirus crisis, trade body Make UK said on ...
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A rush to ride: Valley cycling stores report run on bikes for exercise, escape Spring is usually a busy time for bike stores, as warmer weather beckons people outside and cyclists get their machines tuned up for the new riding season — or invest in a new bike. But the outbreak of COVID-19 has added a new wrinkle to the picture.
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From hashtags to donations, Google, Netflix and other tech companies voice support for protesters Microsoft CEO urges 'empathy and compassion' while Uber CEO announces $1 million for social-justice groups. A screenshot of Twitter's profile bio, which now reads simply: "#BlackLivesMatter." Twitter Inc. Email icon; Facebook icon; Twitter icon; Linkedin ...
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Walmart says employee complaints about AI technology are a non-issue Walmart employees at the company's Home Office in Bentonville, Arkansas, say they are "past their breaking point" with the company's artificial intelligence technology used to prevent shoplifting, according to tech magazine Wired. Continue Reading Below.
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US Stock Futures Drop as Protests Grow; Yen Up: Markets Wrap U.S. stock futures fell as investors weighed the violent protests in some American cities that have stoked concerns about a reacceleration in infection rates and a damper on the economic recovery.
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Retailers already hit by coronavirus board up as US protests rage NEW YORK (Reuters) - Retail giant Target shuttered stores across the U.S. as retailers already reeling from closures due to the coronavirus pandemic shut stores amid protests that included looting in many U.S. cities on Sunday. Protests turned violent in ...
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Is Alaska Air Group Stock a Buy? Alaska Air Group (NYSE:ALK) isn't the best-known airline nationally, but for years it has quietly been one of the industry's top performers, flying passengers up and down the west coast and blanketing the Pacific Northwest with flights. The airline flew into some ...
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Better Coronavirus Stock: Moderna or Inovio Pharmaceuticals? The coronavirus vaccine race offers these clinical stage companies an opportunity to bring a first product to market -- if all goes well in human trials. Adria Cimino. (TMFAdriaCimino). May 31, 2020 at 12:23PM. Author Bio. Adria Cimino grew up with her nose in ...
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How should cruise companies protect passengers and crew from COVID-19? We asked doctors The world's four largest cruise companies plan to hit the high seas later this summer. For Carnival Corporation, Royal Caribbean Cruises Ltd. and Norwegian Cruise Line Holdings, that means August 1. MSC Cruises has canceled cruises through July 10 and ...
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EDF hits Hinkley Point milestone despite coronavirus restrictions PARIS, June 1 (Reuters) - EDF has reached a key milestone in its British Hinkley Point C nuclear plant project, as engineers completed the second reactor base on schedule in spite of coronavirus restrictions, the French power giant and Chinese partner CGN ...
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RPT-China braces for aluminium import wave as coronavirus recovery upends trade (Repeats story published on Friday with no changes). * Primary aluminium imports could top 100,000 T in May -sources. * Low LME price vs Shanghai aluminium has buyers looking overseas. * Biggest inflow since 2009 recovery from economic crisis -analyst.
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Powell: Fed to soon begin 'challenging' Main Street lending WASHINGTON (AP) — Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program that will lend to companies other than banks for the first time since the Great Depression ...
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EDF hits Hinkley Point milestone despite coronavirus restrictions PARIS (Reuters) - EDF has reached a key milestone in its British Hinkley Point C nuclear plant project, as engineers completed the second reactor base on schedule in spite of coronavirus restrictions, the French power giant and Chinese partner CGN said on ...
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RBA to Keep Stimulus Levers Steady Ahead of Crucial GDP Report Australia's central bank will keep the stimulus flowing when it meets Tuesday, a day before data that will reveal whether a record recession-free run is drawing to a close. Reserve Bank of Australia Governor Philip Lowe is expected to keep both the cash rate ...
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Amazon reduces deliveries in some cities, says 'brutal treatment' of black people must stop Amazon condemned the "brutal treatment of Black people in our country" following the death of George Floyd after protests demanding charges for the police officers detaining him spread to the corporation's hometown Seattle. Continue Reading Below.
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Rockford-area stores reportedly close after rumors of planned violence ROCKFORD, Ill. (WIFR) -- Multiple stores across northern Illinois are closing early due to looting and to be prepared of any future looting and riots that may occur. The City of Rockford has issued a statement of stores closing early as well. You can read the ...
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Watch Live: Protesters, Police Face Off on Fort Worth's West 7th Street Bridge Protesters and police faced off on the West 7th Street Bridge in Fort Worth Sunday night. Images captured by Texas Sky Ranger showed dozens of people holding signs and standing in front of a line of police. Texas Department of Public Safety vehicles could ...
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Negative interest rates: What they are, how they work and whether they are coming to the US Stimulus payments. Forgivable business loans. Federal unemployment benefits. So many unusual policies and practices have come out in recent months to help stabilize the economy that it seems almost anything could be on the table. Might negative interest ...
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Area farmers markets will open with a different look this year amid the ongoing coronavirus pandemic Many farmers markets across the MetroWest and Milford region are set to open in the coming weeks, but they will have a different look this year amid the ongoing coronavirus pandemic. The state Department of Public Health in late April released guidelines ...
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Multiple CVS locations now offer coronavirus testing A total of 39 CVS pharmacies are now serving as coronavirus testing sites in Virginia, and here's where they are near you. Fredericksburg, Fairfax, Dumfries, Manassas, Stafford County, and Alexandria all have CVS stores ready for coronavirus testing.
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Australia House Prices Fall as Shutdowns Hit Property Market Australian home prices fell in May for the first time in almost a year as the impact of the coronavirus shutdown rumbles through the economy. Property values across the state and territory capitals fell 0.5% last month, the first decline since June 2019, according ...
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Australian shares poised to open lower June 1 (Reuters) - Australian shares are set to open lower on Monday, extending losses into a second session, while a surge in underlying commodity prices will likely lift miners and energy stocks. The local share price index futures fell 0.4%, a 24-point ...
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Boca Raton allocates $500K for 'Small Business Recovery Relief Grants' BOCA RATON, Fla. (CBS12) - Small business owners in Boca Raton can begin applying for financial relief grants on Monday. ADVERTISEMENT. The Small Business Recovery Relief Grant Program is designed to support local small retailers and restaurants ...
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Zoom planning stronger security for paying customers: report Zoom will strengthen encryption protections for paying customers, an official with the video conferencing provider told Reuters Friday. Security consultant Alex Stamos confirmed the move Friday after the company initially broached the subject Thursday during ...
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