Monday, June 29, 2020

Google Alert - finance

Google
finance
As-it-happens update June 29, 2020
NEWS
Bloomberg
Gilead Sciences Inc. said that it will charge U.S. hospitals roughly $3,120 for most patients who need remdesivir, picking a middle ground in a high-profile decision on the cost of one of the first drugs for Covid-19. Patients suffering from the illness caused by ...
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Forbes
The NYSE this morning suspended trading in shares of freshly bankrupt Chesapeake Energy and commenced delisting proceedings for the stock, which is frozen at $11.85. The company, in filings yesterday for its Chapter 11 restructuring, in U.S. Bankruptcy ...
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Seeking Alpha
The Federal Reserve formally opened Monday its $500 billion lending program to support issuance of new debt by large corporations, the last of nine emergency programs it is running to backstop lending markets due to the coronavirus pandemic. The Fed ...
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CNBC
The Apple Card is now more rewarding for cardholders who use their card at over 11,500 Exxon and Mobil gas station across the U.S.. Starting today, June 29, Apple Card holders earn 3% Daily Cash (which is essentially cash back, but issued at the end of ...
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BBC News
BP has sold off its petrochemicals business in a move designed to help it become a lower carbon firm. The $5bn (£4.1bn) deal with Ineos will see BP all but pull out of a sector expected to contribute to demand for oil over the coming decades. BP boss Bernard ...
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Forbes
Shares of Beyond Meat BYND dropped 2.5% in premarket trading as the once bullish on faux meat Barclays analyst Benjamin Theurer double downgraded the plant based meat maker, changing his rating from overweight to underweight, the equivalent of ...
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ZDNet
Mark Porter. MongoDB is replacing its founding chief technology officer with a veteran who has come straight from the relational database world. Mark Porter, most recently CTO of Singapore-based Grab, a ride sharing and digital payments platform, joins the ...
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Seattle Times
The four-year-old Amazon fulfillment center in Kent has played an outsized role in the company's response to the coronavirus pandemic. Employees there began sounding alarms to management in the first half of March, and then to reporters, as the virus ...
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Insurance Journal
LONDON — The Bank of England (BoE) has told banks and insurers to press ahead with analysing the impact of climate change on their operations, saying that guidance published on Monday would be followed by targets next year. The guide drawn up by ...
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WFMZ Allentown
CHARLOTTE, N.C., June 29, 2020 /PRNewswire/ -- Bank of America announced today it is partnering with Duke Energy to further expand its renewable energy commitment by powering its headquarters and other Charlotte operations with solar energy.
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CNN
New York (CNN Business) Cirque du Soleil, the producer of a number of Las Vegas acrobatic shows, has filed for bankruptcy. In an announcement Monday, the Montreal-based company blamed its bankruptcy on the "immense disruption and forced show ...
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Motley Fool
Shares of Southwest Airlines (NYSE:LUV) took flight on Monday after the stock received an upgrade from a key Wall Street analyst. Southwest shares were up 7% as of midday EDT. So what. Southwest and other airlines have been hit hard by the COVID-19 ...
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TheStreet
American Express (AXP) - Get Report reportedly will offer U.S. cardholders as much as $50 to encourage them to spend more at small businesses devastated by the coronavirus pandemic. Shares of the New York credit-card giant at last check were up slightly ...
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The Detroit News
Detroit — The U.S. 6th Circuit Court of Appeals on Monday temporarily delayed a court-ordered meeting between General Motors Co. CEO Mary Barra and Fiat Chrysler Automobiles NV CEO Mike Manley. General Motors CEO Mary Barra speaks to reporters ...
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San Antonio Express-News
Twenty-four H-E-B employees in San Antonio tested positive for COVID-19 last weekend, according to the grocery chain's website. In June, more than 100 H-E-B employees working at grocery stores in San Antonio have been infected with COVID-19, ...
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CNBC
Impossible Foods said Monday that it will roll out its meatless sausage to all restaurants nationwide. The meat alternative is already available at Burger King and Starbucks locations in the U.S.; The coronavirus pandemic has accelerated consumers' purchase ...
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nwitimes.com
A state regulatory agency has denied the request of NIPSCO and other utilities to charge customers for electricity and natural gas they did not use during the coronavirus pandemic. NIPSCO, Duke Energy Indiana, Indiana Michigan Power Co., Indianapolis ...
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IndustryWeek
The vehicle, according to GM, will be made with 90% commercial off-the-shelf parts. IW Staff. Jun 29, 2020. General Motors announced today that its defense division, GM Defense LLC, had received a contract for $214.3 million from the U.S. Army Contracting ...
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The Boston Globe
BOSSIER CITY, La. (AP) — Police in Louisiana were able to reel in a man captured on video swimming through a fish tank at a sporting goods store. Kevin Wise, 26, told KSLA-TV that he plunged into the indoor aquarium at a Bass Pro Shop in Bossier City ...
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Business Wire (press release)
SEATTLE--(BUSINESS WIRE)--Today, Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), announced that IHS Markit Ltd. (NYSE: INFO) has selected AWS as its preferred cloud infrastructure provider and is moving the majority of its ...
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RCR Wireless News
The Dutch government today an auction of 5G frequencies through which it expects to raise a minimum of 900 million euros ($1 billion). The 5G auction includes spectrum in the 700 MHz 1400 MHz and 2100 MHz bands. The Dutch government also expects to ...
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TheStreet
Shift Technologies, an online used car market, will go public in the third quarter through a reverse merger with shell company Insurance Acquisition (INSU) - Get Report, the company announced Monday. Privately-held Shift Technologies will sell ...
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Tampa Bay Times
Gas prices in Florida remained flat ahead of the Fourth of July holiday weekend as COVID-19 cases continue to rise. Prices at the pump averaged $2.03 per gallon Monday, up just one cent from the same time last week, according to AAA, the Auto Club Group ...
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Houston Chronicle
Houston billionaire Tilman Fertitta is taking his seven-year-old online gaming business public. The new company, which will be called Golden Nugget Online Gaming Inc. when the deal closes later this year, will go public through a so-called blank check ...
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Fox 59
The past few months have been chaotic for Costco customers, with product limitations, long lines and the temporary elimination of free food samples. Now, it appears there's another change for devoted shoppers: Costco has eliminated the iconic half-sheet ...
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Forbes
The government agency that oversees mortgage buyers Fannie Mae and Freddie Mac announced today measures intended to assist renters and landlords as the coronavirus pandemic wears on but federal protections begin to expire. The Federal Housing ...
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TheStreet
The FDA issued a complete response letter for the new drug application for obeticholic acid for treatment of fibrosis due to nonalcoholic steatohepatitis, according to a press release from Intercept Pharmaceutical Inc. "Today represents a setback first and ...
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Lexington Herald Leader
More than 200 people may have been exposed to coronavirus at a West Virginia Planet Fitness after a patron tested positive for coronavirus, health officials say. Officials are asking anyone who visited the Morgantown location between 9 a.m. and 3 p.m. on ...
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ETTelecom.com
NEW DELHI: Mathew Oommen, Reliance Jio President, said that the telecom operator is ensuring through network security that there is no "digital pandemic" that can infest the digital infrastcuture. He also termed Jio a 'clean telco' seconding US Secretary of ...
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wtvr.com
Ford Motor Company has launched a new program that will allow customers who buy a new car to return the vehicle if they lose their job within a year of the purchase. "We feel like right now, the economy is at the stage of recovery where people want things to ...
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KMOV.com
It's time to shop the Amazon Summer Sale, also called The Big Style Sale, which focuses on deep discounts in summer fashions. Amazon's Big Style Sale, Amazon's biggest sale in fashion to date, kicked off Monday, June 22. Although Amazon Prime Day is ...
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Business Insider India
Hyderabad, Leading vaccine maker Bharat Biotech on Monday announced that it has successfully developed Covaxin, India's first vaccine candidate for Covid-19, in collaboration with the Indian Council of Medical Research (ICMR) and National Institute of ...
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Valdosta Daily Times
WASHINGTON (AP) — The Supreme Court is making it easier for the president to fire the head of the Consumer Financial Protection Bureau. The high court on Monday struck from the law that created the agency restrictions on when the president can remove ...
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New York Post
The number of people who have died due to the coronavirus worldwide surpassed a half a million on Sunday, according to new data. Reported fatalities of COVID-19 stood at 500,108 as of Sunday evening, according to a tally by Johns Hopkins University.
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Metro
Deliveroo is launching a table service tool to help restaurants reopen safely. The new in-app function will be available from 15 July and enables customers to browse the menu, order and pay at a restaurant via the Deliveroo app. This will make it easier for ...
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The Drive
Good Monday morning and welcome back to Speed Lines, The Drive's roundup of what matters in the world of cars and transportation. Today we're discussing the increasingly shaky outlook for car subscription services, the state of retail jobs and what's next ...
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Kitco NEWS
GOLD PRICES held steady Monday lunchtime in London as Western stock markets gave back an earlier rally after the number of confirmed cases of Covid-19 passing 10 million worldwide, with deaths topping 500,000, writes Atsuko Whitehouse at ...
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The Moodie Davitt Report
While "a crisis like no other" (in the words of the International Monetary Fund) rages, it is important to identify and highlight the sectors of the aviation, tourism and travel retail business that are beginning more rapidly, to recover. In this column, we bring you ...
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Bisnow
Blackstone to purchase a 49% stake in Hudson Pacific's Hollywood Media Portfolio, a 2.2 million-square-foot collection of studio facilities and Class A office buildings valued at $1.65 billion. New venture includes rights to build another 1.1 million square feet of ...
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letsrecycle.com
Biffa has announced the extension of its long-term partnership with packaging manufacturer Nampak Plastics Europe. The partnership — first implemented in 2008 — sees Biffa supply Nampak with food-grade recycled plastic in the form of pellets, sourced ...
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The Hindu BusinessLine
The AirAsia India employee, Gaurav Taneja, the whistleblower pilot, who went public with allegations of the airline violating air safety norms, has been terminated from service. Sources in the airline told BusinessLine that he was first served a show-cause ...
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Hindustan Times
The transaction values the pharma business at an enterprise value (EV) of $2,775 million. Piramal Enterprises (PEL) on Saturday (27 May 2020) announced that The Carlyle Group has agreed to invest fresh equity capital for a 20% stake in Piramal Pharma, ...
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Moneyweb.co.za
The utility has about R450 billion in debt and no current plans to ask the government for additional cash injections. Paul Burkhardt, Bloomberg 29 Jun 2020 13:53. Image: Bloomberg. Eskom Holdings SOC Ltd. plans to issue a R1 billion ($58 million) sukuk ...
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The Business Times
June 29 (Reuters) - Hong Kong's stock benchmark fell 1% on Monday, as sharp spikes in new COVID-19 infections globally and China's impending national security law on the city curbed risk appetite. ** The Hang Seng index closed 1.0% lower at 24,306.09.
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Yahoo Finance
Accomplished executive and technology marketer to accelerate Qumulo's momentum and industry leadership. Qumulo, the leading provider of cloud file data services, today announced the appointment of Adriana Gil Miner as chief marketing officer (CMO).
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tripwire.com
Security researchers identified a string of attacks in which malicious actors attempted to target dozens of U.S. organizations with WastedLocker ransomware. Symantec detected the attack attempts on several of its customers' networks. As part of this discovery, ...
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DrivingElectric
A fully electric version of the BMW 3 Series, which could adopt the 'i3' name when it goes into production, has been spotted testing. Stephen Errity. Last Updated: 29 Jun 2020. tweet · share. BMW 3 Series electric. A fully electric BMW 3 Series saloon has been ...
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Pound Sterling Live
ING tips EUR weakness as 2nd wave swells, stocks falter. - Nordea sees EUR gains as EU beats U.S. on containment. - Commerzbank tips volatility ahead, eyes 1.1034 and 1.1495. - U.S., global virus tallies & restrictions to dictate price action.
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