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Mnuchin and Powell Talk About the Fed's Pandemic Response: Live Updates The U.S. government's Paycheck Protection Program is scheduled to wrap up on Tuesday after handing out $520 billion in loans. Here's what you need to know: Watch live: Jerome Powell and Steven Mnuchin testify. The Treasury secretary and the Federal ...
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US Stocks on Track for Best Quarter Since 1998 U.S. stocks are on the cusp of wrapping their best quarter in more than 20 years, a remarkable rally after the coronavirus pandemic brought business around the world to a virtual standstill. Just three months ago, investors were lamenting the end of the bull ...
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US Beer Shipments In Decline Despite Strong Off-Premise Retail Growth American beer companies have shipped nearly 1.9 million fewer barrels of beer this year compared to 2019, according to figures from the Washington D.C. trade group the Beer Institute (BI). The BI, citing unofficial estimates of domestic tax paid shipments ...
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Here's why the biggest US mall owner might want to buy JC Penney The biggest mall owner in the country is considering teaming up with Brookfield Properties and Barneys New York parent company Authentic Brands Group to make a bid for J.C. Penney, a person familiar with the talks told CNBC. A real estate analyst walks ...
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YouTube TV Hikes Price by 30% to $65 per Month With Launch of ViacomCBS Channels So-called internet skinny bundles aren't skinny anymore — and they're not really a bargain compared with traditional cable or satellite TV, either. YouTube announced that the price of YouTube TV has increased to $64.99 per month. That's a jump of 30% from ...
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Burrito Delivery Makes No Sense This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. It's annoying that everything big companies do is shrouded in mystery and obfuscation. I'll give you some straight talk. Why is Uber offering to buy the food delivery ...
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Inovio Reports Positive Early-Stage Trial Results for Covid-19 Vaccine Inovio Pharmaceuticals Inc. reported positive preliminary results from the first-phase trial of its vaccine candidate for the new coronavirus, citing good indications for the vaccine's safety and potential to protect against the virus in a small initial study.
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Should You Clean Your Seat Before Boarding An Aircraft? American Airlines Says It Already Does That Travel experts say that when you take your seat in an aircraft during coronavirus summer, you should wipe down everything – seat, tray table, armrests, before you sit down. American Airlines says it is already doing that, as well as taking a variety of other ...
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This is what unemployment benefits will pay without the extension of an extra $600 a week The CARES Act coronavirus relief law increased unemployment benefits by $600 a week. Without an extension of the $600 unemployment benefit, the average American's aid would decrease by 61% to about $380 a week. Some states pay less. Mississippi ...
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Gold prices top $1800 an ounce, on track for highest finish since 2011 Gold futures topped $1,800 an ounce on Tuesday, heading for their highest finish since 2011, as uncertainty created by the coronavirus pandemic fed the metal's appeal as a haven investment. "Gold is one of the only major asset classes to have a positive ...
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BOC Aviation cancels 30 Boeing 737 MAX but backs grounded jet (Reuters) - Aircraft leasing company BOC Aviation (2588.HK) said on Tuesday it had cancelled an order for 30 Boeing (BA.N) 737 MAX planes although its chief executive remained confident in the jet which has been grounded for more than a year.
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Fed Backstop Fueled Corporate Bond Surge The Federal Reserve's full-bore intervention to cushion the economy this spring created an unusual paradox in the corporate bond market. Investors bought record amounts of new bonds from U.S. companies—including those with junk credit ratings—even as ...
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Verizon has fastest 5G downloads, T-Mobile best 5G coverage in OpenSignal awards The latest OpenSignal report gives a look at the current state of US 5G. Angela Lang/CNET. Which US carriers are doing best with their early 5G performance? A new report from wireless tracking firm OpenSignal gives a good look at where things currently ...
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Amex Is Giving Cardmembers $50 Each To Spend With Small Businesses Forbes has partnered with The Points Guy for our coverage of credit card products. Forbes and The Points Guy may receive a commission from card issuers. Some of the offers below may no longer be available. American Express has long encouraged ...
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Google Sheets will soon be able to autocomplete data for you Google today announced a couple of updates to Google Sheets that will make building spreadsheets and analyzing data in them a little bit easier. The most interesting feature here, surely, is the upcoming launch of Smart Fill. You can think of it as Smart ...
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Meridian Health Plan snaps up shuttered NextLevel's members Illinois' largest Medicaid managed-care plan is set to acquire NextLevel Health's members. Centene's Meridian Health Plan and the Chicago-based plan led by Dr. Cheryl Whitaker have entered into an agreement, under which Meridian will get NextLevel's ...
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FCC declares Huawei, ZTE 'national security threats' The Federal Communication Commission has declared Chinese telecom giants Huawei and ZTE "national security threats," a move that will formally ban U.S. telecom companies from using federal funds to buy and install Huawei and ZTE equipment.
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Why Netflix is investing $100 million in Black financial institutions Netflix announced it is allocating 2% of its cash holdings going forward -- a sum of up to $100 million initially -- into financial institutions that directly support Black communities in the U.S. as a way to help ameliorate the deep-seated racial wealth gap.
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PRECIOUS-Gold sprints to near 8-year top as virus fears resurge ... * U.S. gold futures surge past $1,800/oz level * Gold on track for third straight monthly gain * Platinum eyes best quarter since Sept 2012 * Silver was on track for best quarter since end-2010 * Palladium set for worst quarter since Sept 2011 (Adds comments, ...
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Adidas HR head steps down after race row BERLIN (Reuters) - The head of human resources at Adidas (ADSGn.DE) has stepped down after a group of employees called for an investigation over her handling of racism at the company which she had described last year as "noise" only discussed in ...
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Walgreens Taps Adobe to Create a More Personalized, Relevant Customer Experience Key insights: With Adobe technology, Walgreens says it will be able to better anticipate customer needs and serve them in the right moments. Adobe says retailers across the board are witnessing permanent shifts toward services like curbside pickup.
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One Big Reason Social Security Alone Isn't Enough Without Retirement Savings Over one-third of current workers today believe Social Security will be a major source of income during retirement. Unfortunately, those who believe their primary income will come from this benefits program could be setting themselves up for financial disaster.
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Why Workhorse Stock Spiked Higher Again This Morning Shares of last-mile delivery company Workhorse Group (NASDAQ:WKHS) are spiking higher this morning after the company announced a new $70 million financing deal. As of 10:30 a.m. EDT, the stock was up 28% and still climbing. Investors clearly see an ...
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FDA issues rules for coronavirus vaccine developers The Food and Drug Administration (FDA) issued new rules on Tuesday for the companies developing COVID-19 vaccines. "While the FDA is committed to help expedite this work, we will not cut corners in our decision making, and we're making clear in our ...
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Menswear shop TM Lewin to close all UK stores, go online only LONDON (Reuters) - British shirt shop T.M. Lewin will close all its stores and go online only, its restructurer said on Tuesday, resulting in around 600 redundancies as the COVID-19 pandemic continues to hammer the high street. The deal will see 66 stores ...
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Garmin acquires Firstbeat Analytics Garmin said Tuesday that it's acquiring Firstbeat Analytics, a business focused on analyzing heartbeat data from consumer devices in the health, wellness, fitness and performance markets. Featured. Arm benchmarks: Apple silicon trounces Microsoft's ...
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Taco Bell offers free Chalupa Cravings Box through the app, but users face tech issues As Taco Bell tries to boost its mobile apps subscriptions, fans can grab a free Chalupa Cravings Box by downloading the app and ordering ahead. Taco Bell lovers can redeem a free Chalupa Cravings Box, which includes a 5-Layer Burrito, taco, cinnamon ...
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Facebook updates how it prioritizes news on users' timelines Facebook is changing the way it prioritizes news stories in users' News Feeds, a company spokesperson confirmed to FOX Business Tuesday. Continue Reading Below. The move comes as the tech giant faces scrutiny for not taking enough action against ...
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Today's Mortgage Rates - June 30, 2020 Share this page: Facebook share icon · Twitter icon · LinkedIn social share icon · Mail icon. A large, fancy house with daily mortgage rates graphics. Image source: Getty Images. Mortgage rates can change on a weekly, and even a daily basis, so if you're in ...
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50 top cardiovascular hospitals for 2020, ranked by IBM Watson Health IBM Watson Health has released its annual 50 top cardiovascular hospitals ranking recognizing the top-performing U.S. hospitals for this service line. To determine the hospitals included on the list, IBM Watson Health researchers evaluated hospitals using ...
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Chipotle Announces Virtual Farmers' Market Powered By Shopify NEWPORT BEACH, Calif., June 30, 2020 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced the Chipotle Virtual Farmers' Market, powered by Shopify, that will allow farmers in the Chipotle supply chain to launch improved versions of ...
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Bank of America to Power its North Carolina Headquarters with Solar Energy Bank of America recently announced it is partnering with Duke Energy to power its headquarters and other Charlotte operations with solar energy. Through a renewable energy sleeved-power purchase agreement (PPA), the company is participating in Duke ...
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Facebook Announces $800 Million Investment In Illinois Community For New Data Center DEKALB, Ill. - Facebook announced today that, as part of their commitment to invest in America, the tech company's newest worldwide data center will be built in DeKalb, Illinois, bringing an investment of more than $800 million. The Facebook DeKalb Data ...
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Aon to end salary cuts, to fully repay withheld amounts plus 5% Aon PLC aon said Tuesday it will end the previously announced salary reductions of up to 20%, effective July 1. The consulting company said it plans to repay employees in full, plus 5% of the withheld salary amounts. Aon said it continues to expect no jobs ...
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No change at some Meijer self-checkouts GRAND RAPIDS, Mich. (WKRC) - Some Meijer stores are refusing to take cash at self-checkout registers. That's due to a coin shortage amid the pandemic. A Meijer representative said all stories will eventually be changed over to credit/debit only at ...
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Redefine Meat launches 3D printed steak: 'This is the start of a new era in alternative meat' Redefine Meat today unveiled its trade-marked Alt-Steak, a plant-based 3D printed steak, with consumer testing to kick off in high-end restaurants this year. FoodNavigator speaks to co-founder and CEO Eshchar Ben-Shitrit to learn more about the path to ...
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AAA Northeast: Mass. gas prices up 3 cents Massachusetts' average price for a gallon of regular unleaded gas is 11 cents below the national average of $2.17. Gasoline prices in Massachusetts are up 3 cents this week, according to AAA Northeast. AAA Northeast's weekly survey of prices in ...
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Air Canada cancels 30 domestic routes, closes 8 stations at regional airports Air Canada is indefinitely suspending 30 domestic regional routes and closing eight stations at regional airports across Canada. The Montreal-based airline says the cuts are being made because of continuing weak demand for both business and leisure ...
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Ohio wants General Motors to pay back $60 million after shutting down Lordstown plant COLUMBUS, Ohio — Ohio Attorney General Dave Yost wants General Motors to pay back the $60 million that the company took in tax breaks after their decision to close a massive auto plant in Trumbull County. In 2009, Ohio gave GM millions of dollars in tax ...
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Jabil Launches High-Volume Mask Production in the United States ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jun 30, 2020--. Jabil Inc. (NYSE: JBL) today announced the launch of a substantial face mask manufacturing operation in the United States to address demand for face masks and other personal protective ...
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Covid-19: what will happen to cruise liners on lockdown? How many ships are anchored at sea, how do operations run onboard and what will the future of grounded ships look like? As the industry grinds to a halt and unused ships accumulate, we take a look into the issue. Frances Marcellin 35 seconds ago.
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Last day for 'free' plastic bags in CT stores Today is the last day, Connecticut stores will be providing free plastic bags. That's because the temporary suspension of Connecticut's single-use plastic bag fee, originally implemented by Executive Order on March 26, is set to expire on Tuesday. Retailers ...
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Opec, Russia seen easing oil production cuts from August: Sources LONDON: Opec and Russia will likely ease record oil production cuts from August as global oil demand recovers and prices have bounced back from their lows, four Opec+ sources told Reuters. Opec and its allies including Russia, know as Opec+, have ...
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Saudi Arabia Less Pessimistic Than IMF as Economy Shrinks Again (Bloomberg) --. Saudi Arabia doesn't share the pessimism of the International Monetary Fund about the outlook for its economy even as it heads for a recession following a contraction to start the year. The kingdom's oil gross domestic product shrank an ...
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Airbus set to announce thousands of job cuts Airbus is set to announce on Tuesday a restructuring involving thousands of job cuts as it deals with the fallout from impact of the coronavirus crisis, union officials said, with some sources predicting some 15,000 jobs are to go. Airbus, which has said it will ...
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Absurd Story of Accidental Order for 28 Teslas Due to Glitch Has Happy Ending We've all had regrets about ordering some of the stuff we've ordered online, but not like this man from Germany, albeit briefly. A future Tesla Model 3 owner ended up buying 27 more cars than the one he needed by mistake. Of course, when you're buying a ...
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Relatives of Aunt Jemima Inspiration Seek Restitution From Quaker Oats What happens when a brand's newfound admission of its own problematic tendencies intersects with a family seeking to right a historical injustice? As it turns out, something like that is playing out right now, in the aftermath of Quaker Oats' decision to change ...
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Hear the 2021 Ford Bronco's Engine for the First Time As we inch closer to the new Ford Bronco's long-awaited reveal, the tsunami of tidbits, teasers, and spy shots continues. Thanks to various leaks and eagle-eyed photogs, we already have a decent idea of what Ford's upcoming light truck will look like, but ...
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