Friday, June 26, 2020

Google Alert - finance

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finance
As-it-happens update June 26, 2020
NEWS
Forbes
By Tom Murray and Ben Ratner, EDF+Biz. Retirerment Account Statements. This politicization of ESG and sustainable business could hurt millions of Americans who depend on ... [+] their 401(k)s and pensions to plan for retirement. Getty. The Trump ...
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Forbes
[Updated 6/25/2020] Where Do Key Vaccine Efforts Stand Currently? Moderna (NASDAQ: MRNA) is seen as the front-runner in the race to develop a Covid-19 vaccine. The clinical-stage biotech company has phase 2 trials underway for its vaccine candidate ...
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Washington Post
Overview Ingredients Steps. Overview. At last, summer has officially begun, and we're all ready for the simple pleasure of standing around a grill outside, cool drink in hand, watching dinner happen. Unfortunately, with live-fire cooking (I count a gas grill in that ...
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Forbes
[Updated 6/25/2020] Inhaled Remdesivir Clinical Trials To Commence. Gilead has indicated that it would be starting clinical trials for an inhaled version of Remdesivir shortly. While the wide-spectrum anti-viral drug is currently given intravenously for severe ...
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USA TODAY
Like the idea of an empty middle seat when you start flying again? Don't get used to it. American Airlines, which has been blocking half the middle seats in economy since April in the name of social distancing during the coronavirus pandemic, on Friday said it ...
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TechCrunch
Amazon has announced that it will acquire Zoox, a self-driving startup founded in 2014, which has raised nearly $1 billion in funding and which aims to develop autonomous driving technology, including vehicles, for the purposes of providing a full-stack ...
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Reuters
PARIS (Reuters) - Sanofi (SASY.PA) will axe up to 1,680 jobs in Europe to cut costs and boost profits, the French drugmaker said on Friday, confirming what two sources familiar with the matter earlier told Reuters. FILE PHOTO: The logo of Sanofi is seen at ...
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Motley Fool
Did you know that decisions you make throughout your life will affect your Social Security retirement benefits? In fact, while the age when you claim benefits affects the amount you receive, some of the most important factors determining your check size are ...
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BBC News
Shopping centre giant Intu has entered administration, placing thousands of jobs in doubt. But there have long been problems at the firm, which sought help with its debt in January. What went wrong at Intu, which was one of the UK's biggest shopping centre ...
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Reuters
LONDON (Reuters) - Shareholders decisively voted down Tesco's remuneration report on Friday, as Britain's largest retailer joined a growing list of big companies to be rebuked over executive pay. A shopping cart is pictured in a Tesco supermarket, amid the ...
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The New York Times
LONDON — Europe's biggest travel and tourism company, TUI, is cancelling all holidays to Florida from the U.K. until December following the introduction of new hygiene rules at Walt Disney World Resort, including the mandatory use of face coverings.
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Reuters
STOCKHOLM (Reuters) - H&M (HMb.ST), the world's second-biggest fashion retailer, swung into a steep loss in its March-May quarter and said its recovery outlook was uncertain, although trade had resumed faster than feared as pandemic lockdowns ease ...
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Midwest Communication
Update: June 26, 2020: PG&E announced June 26 that it has priced the public offering of 423,372,629 shares of its common stock at $9.50 per share and 14,545,455 of its equity units at $100 per unit "for total net proceeds to the Corporation, before estimated ...
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Accounting Today
France, the U.K., Italy and Spain offered to limit the scope of a proposed global digital tax, a concession after the U.S. threatened to hit those countries with tariffs if they moved ahead with levies on tech companies. This approach "would considerably ease the ...
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MarketWatch
Shares of CoreLogic Inc. CLGX, +24.90% soared 20% in premarket trading Friday, after Cannae Holdings Inc. CNNE, +0.50% and Senator Investment Group L.P. submit an unsolicited bid to buy CoreLogic for $65 a share, which would imply a ...
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CNET
The new GLA-Class is far more handsome and well appointed than the crossover it replaces. Mercedes-Benz. When a new car gets released, automakers generally hold off on discussing price until closer to its on-sale date -- sometimes this is because the ...
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KEYT
A growing list of companies say they'll join an advertiser boycott on Facebook in protest of what they say are the site's failures to stop the spread of hate. A civil rights coalition, which includes the Anti-Defamation League (ADL) and the NAACP, launched the ...
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Reuters
(Reuters) - U.S. auto sales are expected to continue their recovery in June following a collapse in April, as coronavirus-led lockdown restrictions ease and buyers slowly return to the market, industry consultants J.D. Power and LMC Automotive said.
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Reuters
(Reuters) - Luckin Coffee Inc (LK.O) said on Friday its shares would be suspended from trading on the Nasdaq from next week as it withdrew a request for a hearing with the U.S. stock exchange on the delisting notice. Shares of the Chinese company, which ...
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Woodland Daily Democrat
By ADAM BEAM and CUNEYT DIL. SACRAMENTO (AP) — California regulators have approved new rules that would force automakers to sell more electric work trucks and delivery vans, a first-of-its-kind rule aimed at helping the nation's most populous state ...
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Bloomberg
Inovio Pharmaceuticals Inc. dropped as much as 21% after a Stifel analyst cut his rating following a nine-fold increase, driven in part by day traders' enthusiasm for small-cap Covid-19 plays. "Risk/reward seems less palatable here," Stephen Willey wrote, ...
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MarketWatch
Vaxart Inc. VXRT, +70.28% said Friday its oral COVID-19 vaccine has been selected to take part in a non-human primate challenge study funded by the U.S. government's 'Operation Warp Speed' program, that aims to accelerate development of a vaccine.
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New York Post
Labor unions for aviation workers want Congress to pass another $32 billion bailout to protect hundreds of thousands of jobs as the coronavirus pandemic keeps airlines in a chokehold. Six unions warned lawmakers that "mass layoffs are inevitable" without ...
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Herald-Mail Media
BALTIMORE, June 26, 2020 /PRNewswire/ -- CVS Health, Maryland Governor Larry Hogan, Congressman Kweisi Mfume and Mayor Bernard C. "Jack" Young today announced the opening of a rapid COVID-19 testing site in Baltimore. Licensed health care ...
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HousingWire
After three weeks of declining totals, Black Knight says the number of active COVID-19 forbearance plans shot up over the past week. As of June 23, there were 4.68 million homeowners in forbearance, an increase of 79,000 from the prior week. This surge ...
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Port Clinton News Herald
LORDSTOWN – Vice President Mike Pence took a ride onto the stage at Lordstown Motors Thursday as the company unveiled its new electric pickup, including tires from Akron-based Goodyear. "It's a nice ride and I'm a truck guy," Pence said after emerging ...
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Insurance Journal
BERLIN (AP) — Bayer said Wednesday that it will pay up to $10.9 billion to settle litigation over the weedkiller Roundup, which has faced thousands of lawsuits over claims it causes cancer. Bayer said it was also paying up $1.22 billion to settle two additional ...
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Tulsa World
QuikTrip is in the business of selling things people love — Hotzis, pizza slices, hot dogs and taquitos off of a spinning roller grill — for a little pocket change. But this summer, the Tulsa based convenience store chain with stores in both Coweta and Wagoner ...
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The Province
Walmart is facing heat for selling T-shirts that feature variations of the "Black Lives Matter" slogan, including "All Lives Matter," "Blue Lives Matter," "Irish Lives Matter" and "Homeless Lives Matter." The backlash erupted on social media, where users criticized ...
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WHBL News
By John Miller. ZURICH (Reuters) - Swiss drugmaker Novartis , fresh from settling U.S. charges over alleged kickbacks to doctors, is preparing for a key meeting next week with U.S. prosecutors that could lead to the resolution of a decade-old bribery scandal.
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The Business Desk
EasyJet PLC said on Friday that it has sold and leased back six aircraft for aggregate cash sales of $255 million. The London-listed company said the aircraft will be sold to SMBC Aviation Capital and leased back for terms of between 110 and 122 months.
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Livemint
More than 200 employees have tested positive and four have succumbed to covid-19 as on Friday at Bajaj Auto Ltd factory at Waluj in Aurangabad, three people aware of the development told Mint. The plant, also the largest manufacturing unit for Bajaj Auto, ...
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CBC.ca
Canada's highest court opened the door to a proposed $400-million class-action lawsuit against Uber today after it sided with a driver in a case over whether workers can settle disputes with the ride-hailing company through a costly, foreign arbitration process ...
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Greater Milwaukee Today
MADISON — COVID-19 may have put a damper on Americans' plans, but they are still planning to take 700 million trips this summer, which is 14.6% less than last year, according to AAA. Taking the biggest hit are trips by rail, cruise or other at 85.5%, while ...
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SiliconANGLE
Google LLC today detailed an upcoming program in which it will pay select publishers for content and, in some cases, potentially make paywalled articles freely available to its users. The initiative comes amid mounting regulatory scrutiny of how tech firms use ...
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City A.M.
Millions of pension savers across the country are concerned about the state of their finances. Since lockdown began in March, the government's protective measures have supported both employers and employees through a difficult time. As these measures ...
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Business Day
Motorists are about to be hit with more fuel price hikes, with the AA forecasting that petrol will increase by about R1.73 a litre, diesel by R1.74 and illuminating paraffin by a huge R2.14 next week. The association attributes this to the rise in international oil ...
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The Connexion
The airport in Ile-de-France reopened this morning (Friday June 26) after being closed since March 31 due to the Covid-19 crisis. The first flight to leave was given a "water salute" from airport firemen. The Transavia flight to Porto, Portugal, departed at 6:27 am ...
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NewsChannel5.com
NASHVILLE, Tenn. (WTVF) — The Ryman Auditorium and Grand Ole Opry House will reopen Friday at limited capacity amid the ongoing COVID-19 pandemic. Both locations will open for daytime tours. Ryman Properties is remaining cautious, so they have ...
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The Australian Financial Review
It's just before 9am in China and a hacker from the regional city of Xinpu is embarking on an early offensive. The target is an industrial control system in Western Australia and the objective is to infiltrate the network and plant malicious software which could one ...
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