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What History Shows You About The Market's Current Rally The sharp decline in the stock market from late February to March of this year was unusually severe given the size and speed of the market drop. The subsequent rally was unusually strong too. The S&P 500 is now less than 10% off the February highs. In fact ...
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Western Union Eyes Buying MoneyGram Western Union could be looking to acquire MoneyGram in a transaction that would unite two of the country's largest money transfer services, according to Bloomberg. Western Union has made a takeover offer to MoneyGram, but nothing has been made ...
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Stitch Fix is laying off 1400 employees in California, and plans to hire in lower-cost US cities Online retailer and styling service Stitch Fix said Monday that it plans to lay off 1,400 stylists based in California between now and the end of September. The company plans to hire 2,000 stylists in other U.S. locations like Dallas, Minneapolis, and Austin, ...
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SoftBank Vision Fund Head's Pay Doubled Last Year Despite Massive Losses TOKYO — (This May 29 story corrects Mizuho borrowing to 912 million, not 1.39 trillion yen, in paragraph 6 and borrowing from the three big Japanese banks to almost 2 trillion yen, not 2.45 trillion yen, in paragraph 7 after SoftBank issues corrected filing).
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GRAINS-Soybeans fall on Chinese demand fears, slow US planting pace cap losses SYDNEY, June 2 (Reuters) - U.S. soybean futures edged lower on Tuesday amid concerns about Chinese demand, though losses were checked after the U.S. Department of Agriculture (USDA) said planting was lagging behind market expectations.
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Stocks shake off weak start and close higher, extending run Stocks shook off a wobbly start on Wall Street and closed broadly higher Monday, adding to the market's recent run of solid gains. The S&P 500 climbed 0.4% after wavering between small gains and losses in the early going. Banks, companies that depend on ...
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ANZ to Sell NZ Asset Finance Unit to Japan's Shinsei Bank for $479 Million (Reuters) - Australia and New Zealand Banking Group on Tuesday agreed to sell its New Zealand-based asset finance unit for NZ$762 million ($479 million) to Japanese financial institution Shinsei Bank Ltd. Australia's fourth-largest lender, which posted a ...
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Gold firms on US protests, standoff with China (Reuters) - Gold prices rose on Monday supported by increasing friction between Washington and Beijing and protests in the United States over racism. FILE PHOTO: Gold coins are displayed at the Ginza Tanaka store in Tokyo September 18, 2008.
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American Airlines to end service to Oakland International Airport Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. June 3 will be the date of American Airlines' last flight to Oakland Airport. The airline will fly its last flight to the airport in early June. American Airlines will, however, ...
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Ford restarts all its operations south of the border, FCA adds shifts Ford Motor Co. has restarted its plants in Mexico after weeks of shutdown due to the coronavirus, it said Monday. The automaker offered little detail on exactly when it restarted its four plants in Mexico or how many shifts it would operate, other than to say the ...
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Regeneron to expand development deal with Intellia Therapeutics Shares of Regeneron Pharmaceuticals Inc. REGN, -1.19% were down 0.5% in premarket trading on Monday after the company said it had expanded a collaboration with Intellia Therapeutics Inc. NTLA, +12.10% to include CRISPR/Cas9-based therapeutic ...
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TikTok Apologizes for Glitch That Affected All Hashtags, Not Just #BlackLivesMatter, #GeorgeFloyd TikTok apologized for a technical glitch last week that made it appear as if posts with the hashtags #BlackLivesMatter and #GeorgeFloyd had zero views and outlined steps it is taking to support the Black community, both on and off its platform. U.S. general ...
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Here's what California state workers can expect if they're picked for coronavirus assignments April 30: David Jeppesen, director of Idaho Health and Welfare, explains how contact tracing is important in the coronavirus pandemic. By Idaho in Session. Managers in California state departments have supplied lists of their workers to Gov. Gavin Newsom's ...
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2021 Lexus IS teased ahead of June 9 reveal Lexus will unveil a new generation of its IS sedan on June 9 and has released a single teaser image to build excitement. The new sedan will arrive as a 2021 model and that's all Lexus is willing to say right now. The teaser image suggests more expressive ...
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April construction spending falls 2.9% as virus upends work WASHINGTON (AP) — U.S. construction spending fell 2.9% in April with broad declines across all building activity as shutdowns hobbled projects and workers were told to stay home. The Commerce Department said that the April decline followed a basically ...
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Black Hills to seek rate increase Lincoln's natural gas provider will seek permission to raise its rates. Black Hills Energy said Monday it has submitted a rate review request to the Nebraska Public Service Commission. Black Hills said the rate increase would vary based on customer and ...
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Traders Pin Hopes on RBI Support After Moody's Cuts India Rating Traders in India are yearning for the central bank to backstop the rupee and sovereign-bond markets after Moody's Investors Service cut the credit rating to the lowest investment grade. "This is definitely not welcome news and we could see some more foreign ...
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As companies' margins collapse, Goldman tells clients to buy this portfolio of profit growers (This story is for CNBC Pro subscribers only.) U.S. companies, which suffered the second largest quarterly decline in margins since 1970, will have a difficult time bouncing back this year amid endless uncertainty on multiple fronts, Goldman Sachs said.
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Rissie Woodward Named Hamilton County 4-H June Dairy Month Chairman Rissie Woodward has been named the 2020 June Dairy Month chairman for Hamilton County. Co-sponsored by The Dairy Alliance, 4-H and the Tennessee Farm Bureau, June Dairy Month activities are designed to communicate the value of milk and other ...
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Will pandemic, protest dim Las Vegas Strip reopening? LAS VEGAS (KSNV) — Las Vegas has been lucky, all things being equal: the violence has been much worse in other cities. But perhaps no city has as much riding on a week as we do here: our economic engine reopens in three days. "They would not be ...
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Idaho gas prices up another eight cents in a week, third largest gain in the country Although the national average for gas prices moved just a penny in the last week, things have been much more volatile for Idaho and its Rocky Mountain neighbors. Gem State pump prices went up another eight cents this week – the third-largest increase in ...
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Lawyers: Businesses must be proactive with employees, insurance in tense times A wave of riots that rocketed through Raleigh and across the nation has attorneys advising businesses to be careful, and proactive, as tension rise across the country. Subscribe to get the full story. Already a paid subscriber? Sign in. Subscribe to get the
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Essentia workers picket over layoffs The Duluth-based health system recently announced it will permanently eliminate approximately 6% of its workforce as a cost-savings measure. Written By: Tom Olsen | Jun 1st 2020 - 6pm. AddThis Sharing Buttons. Share to Facebook Share to Twitter Share ...
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Big Changes On The Horizon For Boies Schiller Bonuses There are a lot of changes going on at Boies Schiller. Most of these changes have been a deliberate effort to move away from the eat-what-you-kill model that resulted in a series of associated fiefdoms and towards a more traditional Biglaw model. The latest ...
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Santa Clara County amends health order allowing several sectors to reopen Friday SAN JOSE, Calif. - Santa Clara County's public health officer on Monday, amended the shelter-in-place order that has been in place due to the coronavirus pandemic. As a result several sectors will be allowed to reopen on Friday June 5. Included among the ...
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FDA Issues Recall Alert for Metformin ER Products June 01, 2020 02:21 pm News Staff – On May 28, the FDA announced(www.fda.gov) that it had asked five pharmaceutical firms to voluntarily recall products containing extended-release formulations of metformin hydrochloride, a drug frequently prescribed to ...
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| Split Supreme Court Rules in Thole v. US Bank; Major Implications for Pensions The Supreme Court of the United States has ruled in the complex case known as Thole v. U.S. Bank, which asks some intricate but fundamentally important questions about what it takes for pension plan participants to establish standing in the context of ...
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Mortgage Rates Start Higher But Finish Lower Mortgage rates pulled off a repeat performance of last Friday's intraday drama. The average lender began the day in higher territory as bond markets were weaker in the morning. Bonds recovered nicely and mortgage lenders were more than willing to adjust ...
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Salem Communications: 1Q Earnings Snapshot CAMARILLO, Calif. (AP) _ Salem Communications Corp. (SALM) on Monday reported a first-quarter loss of $55.2 million, after reporting a profit in the same period a year earlier. The Camarillo, California-based company said it had a loss of $2.07 per share.
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Comptroller Numbers Show May Sales Tax Revenue Down 13.2 Percent from 2019 Business closures and stay-home orders have caused Texas' consumption tax revenues to drop significantly. This May, compared to last, brought in $345 million fewer in sales tax revenues. Brad Johnson26 seconds ago.
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Coca-Cola to build new facility in Whitestown WHITESTOWN, Ind. (WTHR) - Coca-Cola anounced plans Monday to build a new distribution and automated warehouse facility in Whitestown. Construction on the 400,000 square foot facility is expected to begin in June 2020 and is anticipated to be ...
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Australian smartphone sales avoid 'worst decline ever' globally Australian smartphone sales fell for the first quarter of 2020, but were better off when compared to global figures, which declined proportionally twice as much. In Australia, smartphone sales declined by 10.3 per cent year-on-year compared to Q1 2019, ...
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Roku adds live TV guide as linear lineup passes 100 channels Roku today is rolling out a new live TV guide on its platform in support of its now more than 100 linear channels in the U.S.. Beginning today, Roku is adding more than 30 new channels covering categories including news (ABC News, Reuters and more), ...
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Visalia, Tulare Target stores close early; Clovis location looted overnight Suspects stole alcohol and electronics after breaking into a Clovis Target late Sunday, authorities said. CONNECTTWEETLINKEDINCOMMENTEMAILMORE. Target registers appear to be down across the globe, including in Visalia. (Photo: Sheyanne N ...
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Sensex, Nifty surge over 2% as economy set to reopen Indian shares ended up over 2% on Monday in a broad-based rally, gaining for a fourth straight session, as optimism around imminent reopening of Asia's third-largest economy after a months-long coronavirus lockdown boosted investor sentiment. The NSE ...
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Union members represent 6.3% of workforce in Iowa The share of Iowa workers who are members of labor unions numbered 97,000 in 2019, or 6.3 percent of the workforce, according to data from the Bureau of Labor Statistics (BLS). The percentage of union members in the state's workforce was the 35th ...
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Warren Schlichting, Sling TV President, Exits Dish After Loss of Subscribers Warren Schlichting, president of Dish Network's Sling TV over-the-top division who also oversaw ad sales and programming deals, is no longer with the company. His exit comes after Dish reported a net loss of 375,000 Sling TV customers over the last two ...
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