Google Alert - finance

	finance As-it-happens update ⋅ June 25, 2020
	NEWS
	Reuters Sticky weekly jobless claims underscore US labor market distress Reuters WASHINGTON (Reuters) - The number of Americans filing claims for unemployment benefits fell less than expected last week likely as hiring by reopening businesses is being partially offset by a second wave of layoffs, supporting the view that the labor ... Flag as irrelevant
	Forbes Ask Larry: Which Month Does My Bonus Pay Count Towards My Earnings Limit? Forbes Today's column addresses questions about what month bonuses are credited in, the availability of divorced spousal benefits, filing online and how to file in response to virus related unemployment. Larry Kotlikoff is a Professor of Economics at Boston ... Flag as irrelevant
	Arab News Saudi Arabia's biggest lender NCB in merger talks with Samba Reuters RIYADH/DUBAI (Reuters) - National Commercial Bank (1180.SE), Saudi Arabia's biggest lender, said on Thursday it had signed an initial agreement with smaller lender Samba Financial Group 1090.SE to create a combined entity with almost $214 billion in ... Flag as irrelevant
	Forbes Bank Stocks Surge As Regulators Ease Volcker Rule, Morgan Stanley Jumps Over 2% Forbes Bank stocks surged after federal regulators on Thursday announced they plan to roll back post-financial crisis restrictions, including the Volcker Rule which prevent banks from making large investments into certain funds. U.S. President Trump looking forward ... Flag as irrelevant
	Washington Post Macy's slashing 3900 white-collar jobs, roughly one-quarter of its corporate workforce Washington Post Macy's is laying off one-quarter of its corporate employees and managers, as it slashes 3,900 white-collar jobs in a sweeping effort to cut costs during the coronavirus pandemic. The nation's largest department store chain said Thursday that it expects to save ... Flag as irrelevant
	TechCrunch Private equity firm Great Hill Partners acquires stock media service Storyblocks TechCrunch Storyblocks, the subscription-based stock media service, today announced that it has been acquired by private equity firm Great Hill Partners. The firm previously backed companies like Wayfair (and then exited that specific investment in 2017) and Custom ... Flag as irrelevant
	Reuters Ryanair complains to EU antitrust watchdog about alleged Lufthansa price-fixing Reuters BRUSSELS (Reuters) - Ryanair (RYA.I) has filed a complaint to EU antitrust regulators about alleged talks between Lufthansa's (LHAG.DE) Italian unit Air Dolomiti and three Italian airlines to fix prices, the chief legal officer of Europe's biggest budget airline ... Flag as irrelevant
	Accounting Today Wirecard's wild week finally ends in insolvency filing Accounting Today Wirecard AG filed for insolvency, the culmination of a stunning accounting scandal that led to the arrest of its CEO and left the German payment-processing firm unable to find over $2 billion missing from its balance sheet. Wirecard management cited ... Flag as irrelevant
	ABC News US durable-goods orders rebound 15.8% in May, but manufacturers face long struggle MarketWatch Orders for durable goods such as autos surged in May after historic declines in the early spring when the U.S. was locked down, but manufacturers are likely to struggle to make a more rapid recovery amid a fresh outbreak of the coronavirus and a depressed ... Flag as irrelevant
	Motley Fool Today's Mortgage Rates - June 25, 2020 Motley Fool Share this page: Facebook share icon · Twitter icon · LinkedIn social share icon · Mail icon. Large, fancy house with Daily Mortgage branding. Image source: Getty Images. Mortgage rates can change on a weekly, and even a daily basis, so if you're looking to ... Flag as irrelevant
	CNBC Olive Garden parent swings to a loss as sales plunge 43% CNBC Darden Restaurants swung to a loss during its fiscal fourth quarter as the coronavirus pandemic weighed on its sales. The company's revenue fell 43%. Across all of its brands, same-store sales fell 47.7%. An Olive Garden restaurant in Times Square in New ... Flag as irrelevant
	CNBC Beyond Meat shares fall after McDonald's ends Canadian trial of meatless burger CNBC McDonald's has stopped testing a burger made with a Beyond Meat patty in Canada. Shares of Beyond fell 7% in morning trading, while McDonald's stock was trading down 1%. In a tweet to a consumer asking about the burger, McDonald's Canada said that ... Flag as irrelevant
	Reuters Euro zone data confirm tepid recovery, ECB's Knot says Reuters FRANKFURT (Reuters) - A string of positive economic indicators in the euro zone confirm that a recovery is on its way but the bloc may still need years to reach pre-crisis levels of activity, European Central Bank policymaker Klaas Knot said on Thursday. Flag as irrelevant
	BBC News Huawei's £1bn research centre near Cambridge approved BBC News Chinese firm Huawei's plans for a £1bn research centre in the UK have been approved. The tech giant, which is under a security review that could lead the UK government to ban use of its 5G network kit, has received backing for the site. As "wider comments" ... Flag as irrelevant
	Reuters Delta says unlikely to add 'many more' flights for rest of 2020 Reuters (Reuters) - Delta Air Lines (DAL.N) expects to add about 1,000 flights in August but not many more for the remainder of the year, Chief Executive Ed Bastian said in an internal memo on Thursday that mentioned a resurgence of COVID-19 in parts of the ... Flag as irrelevant
	Reuters Canada CANADA STOCKS-TSX treads water as rising coronavirus cases offset gains in energy shares Reuters June 25 (Reuters) - Canada's main stock index struggled for direction on Thursday as worries over an alarming rise in coronavirus cases globally countered gains from a rise in oil prices. In the United States, Florida, Oklahoma and South Carolina reported ... Flag as irrelevant
	Fortune The traders are at it again: Shares of bankrupt GNC rise in premarket trading Fortune Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. More bankrupt stocks, anyone? Shares of GNC, the now-bankrupt vitamin and supplements retailer, rose as much as 60% ... Flag as irrelevant
	CNBC What to expect from the bank stress tests CNBC (This story is for CNBC Pro subscribers only). The U.S. financial system was already hit by one global crisis this year, but investors will learn on Thursday whether the Federal Reserve believes the banks are prepared for more complications. The Fed's "stress ... Flag as irrelevant
	Fox News Coronavirus drug remdesivir gets conditional approval in Europe Fox News Remdesivir, the much-talked-about experimental drug used to treat COVID-19 patients, has been conditionally approved by Europe's top health care regulator, becoming the first drug to be "recommended for authorization" on the continent. The European ... Flag as irrelevant
	Minneapolis / St. Paul Business Journal Target renews push to add grocery pickup nationwide Minneapolis / St. Paul Business Journal Target Corp. said Thursday it is expanding its same-day grocery pickup service to more states this month and most of its stores by the holidays. In a limited debut, the service delivered strong returns for the retailer in a quarter marked by frenzied, ... Flag as irrelevant
	Law.com The Ten Commandments of Landlords and Commercial Tenants in Bankruptcy Law.com The year 2020 needs to be done. It is the middle of the year, and it seems like we are in the middle of the 10 plagues. Coronavirus, murder Hornets, Kobe Bryant's death, record-breaking unemployment, social isolation, civil unrest and global economic ... Flag as irrelevant
	CNBC US GDP fell at a 5% rate in the first quarter, and the worse is likely on the way CNBC The U.S. economy shrank at a 5.0% rate in the first quarter, as expected. A much worse decline is seen in the current three-month economic period because of the coronavirus pandemic. The decline in the gross domestic product, the total output of goods and ... Flag as irrelevant
	Today.com Tyson Foods to shutter South Carolina plant, lay off 150 workers Food Dive Tyson Foods is closing a plant in August that makes taco filling and pizza toppings in Columbia, South Carolina. A Tyson spokesperson told Food Dive in an email that about 150 team members work at the plant, and the pandemic did not influence this ... Flag as irrelevant
	MarketWatch McCormick's stock rises after profit and sales rise above expectations MarketWatch Shares of McCormick & Co. Inc. MKC, -0.08% rallied 1.6% in premarket trading Thursday, after the spices and condiments company reported fiscal second-quarter profit and sales that rose more than expected, helped by strength in its consumer business as ... Flag as irrelevant
	Bloomberg Kudlow Says US Economy Won't Shut Down Despite Surge in Virus Bloomberg Top White House economic adviser Larry Kudlow said the U.S. economy will not shut down again, even as a surge of coronavirus cases threatens the country's economic recovery. Kudlow acknowledged during a Fox Business Network interview on Thursday ... Flag as irrelevant
	New York Business Journal SevenRooms raises $50M to expand hospitality management platform New York Business Journal SevenRooms has raised $50 million in financing that it will use to expand its platform used by hospitality companies to manage bookings and guest experiences. The series B funding round was led by Providence Strategic Growth. In conjunction with the ... Flag as irrelevant
	ZDNet Ford plans private 5G network to speed up electric vehicle manufacturing ZDNet Live. The industries at the forefront of 5G. Watch Now. Car maker Ford plans to roll out a private 5G network to speed up electric vehicle manufacturing at its electric vehicle battery workshop. The 5G mobile private network will be installed this year in the new ... Flag as irrelevant
	Sky News Australia Australian Flagship Carrier Qantas to Cut 6000 Jobs AviationPros.com Canberra (dpa) - Australian flagship carrier Qantas will cut 6,000 jobs across the business and continue to stand down some 15,000 employees due to the fallout from the Covid-19 pandemic. The airline said in a statement it would also ground at least 100 ... Flag as irrelevant
	Financial Times Mitie joins Interserve to strengthen hand in Covid-19 crisis Financial Times Two of Britain's biggest government contractors are merging their struggling facilities management arms in a deal that will create a business employing 77,500 people in the UK. Mitie has raised £201m in a fully underwritten rights ... Flag as irrelevant
	Carscoops 2021 Nissan Ariya Electric Crossover Teased, Will Premiere In July Carscoops Nissan has dropped another teaser image of its upcoming Ariya electric crossover and announced it will officially premiere in July. Previewed by the Ariya Concept that debuted at the 2019 Tokyo Motor Show, it will boast a similar lighting signature at the front, ... Flag as irrelevant
	Carscoops Bentley Mulsanne Bows Out With Bespoke 6.75 Edition Model Carscoops Bentley is finally putting the Mulsanne to rest after handcrafting some 7,300 units over the course of more than a decade. In order to celebrate this landmark, employees gathered for some socially-distanced photographs with the final cars, as well as the ... Flag as irrelevant
	Financial Times UK watchdog announces deeper probe into StubHub-Viagogo deal Financial Times The UK's competition watchdog has announced a more in-depth investigation into the $4bn merger of ticketing sites Viagogo and StubHub, after the companies failed to assuage its concerns over the deal's impact on competition. The ... Flag as irrelevant
	Firstpost easyJet to resume flights to Paris, Milan and Barcelona in July Reuters LONDON, June 25 (Reuters) - Airline easyJet will resume flights on international routes to Paris, Milan and Barcelona from Britain on July 1 as it aims to restore some capacity for the summer after flights were grounded by the spread of COVID-19. The airline ... Flag as irrelevant
	Financial Express Global Startup Ecosystem Report 2020: Bangalore, Delhi, Mumbai rated among world's top startup ecosystems Financial Express Bangalore stood out for high access to funding and Delhi ranked well for the volume and complexity of patent creation in the analysis, which found London and New York tied for second spot. Share · Next. Bangalore, Delhi, Mumbai, global startup ecosystem ... Flag as irrelevant
	CTV News Cannabis company Canopy Growth signs deal to amend Acreage Holdings deal CTV News Canopy Growth Corp. is shaking up its Acreage Holdings Inc. acquisition deal because of "broader market and economic factors." Smiths Falls, Ont.-based Canopy signed an agreement in April 2019 to takeover the New York company if cannabis production ... Flag as irrelevant
	British GQ A Lange & Söhne's Lange 1 Time Zone has arrived (15 years after launch) British GQ Anyone who has been to a major watch show (not this year, of course…) may agree that only a small percentage of new models – the brands call them "novelties" – really stick in the memory. But those that do are often those standout pieces that, if you don't ... Flag as irrelevant
	Livemint Apollo Tyres commissions Andhra plant, to invest ₹3800 crore in phase-1 Livemint NEW DELHI: Apollo Tyres Ltd on Thursday announced commissioning of its manufacturing plant in Chittoor district of Andhra Pradesh and said it will invest around ₹3800 crore in building phase one of the factory in the next year and half. This is the fifth ... Flag as irrelevant
	Livemint India-China face-off: Import curbs may hit domestic automakers Livemint NEW DELHI: For the Indian automobile industry, jumping on the anti-China bandwagon will not be easy as certain spare parts, sourced from the Asian neighbour, are critical for manufacturing of BS-VI emission norm compliant vehicles. With the advent of new ... Flag as irrelevant
	NasdaqNewsFeed FactSet: Fiscal 3Q Earnings Snapshot San Francisco Chronicle NORWALK, Conn. (AP) _ FactSet Research Systems Inc. (FDS) on Thursday reported fiscal third-quarter profit of $101.2 million. On a per-share basis, the Norwalk, Connecticut-based company said it had profit of $2.63. Earnings, adjusted for one-time gains ... Flag as irrelevant
	Livemint More than 50% people surveyed will wait for five to six months before flying: Amitabh Khosla, IATA Livemint NEW DELHI : More than 50% people surveyed by aviation industry body, The International Air Transport Association (IATA) during June said that they will wait for another five to six months before flying, due to the ongoing pandemic which has claimed ... Flag as irrelevant
	Financial Express Next-gen 2021 Kia Carnival MPV revealed: Sporty SUV-like design, longer and feature-loaded! Financial Express The fourth-generation Kia Carnival has finally been revealed officially with multiple advancements over its predecessor, especially in terms of design. Here is what all to expect from the new Carnival in terms of its exteriors, interiors, engine along with India ... Flag as irrelevant
	Kent Online Supercar wrecked in motorway crash 20 minutes into first trip Kent Online The owner of a brand new Lamborghini has been left counting the cost after the supercar was wrecked in a motorway crash. Police in West Yorkshire posted pictures of the remains of the sports car on social media after the shunt on the M1 near Wakefield on ... Flag as irrelevant
	Wamda W3BCLOUD raises $20.5 million Wamda W3BCLOUD, a joint venture between US-based Advanced Micro Devices and ConsenSys, announced today that it has completed its initial close of $20.5 million. Investors included AMD, ConsenSys, along with several family offices in the United Arab ... Flag as irrelevant
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