Google Alert - finance

	finance As-it-happens update ⋅ July 1, 2020
	NEWS
	Wall Street Journal Inside Moderna: The Covid Vaccine Front-Runner With No Track Record and an Unsparing CEO Wall Street Journal At the year's start, few outside the world of biotech had heard of a Boston-area company with a New Age name and unproven approach to drugmaking. Most in the industry who did know Moderna Inc. MRNA -6.07% doubted its prospects. Investors barely had ... Flag as irrelevant
	Motley Fool Coronavirus update: US case tally climbs above 2.6 million and Republican leaders urge Americans to wear face masks MarketWatch FedEx, General Mills and Constellation Brands benefit from pandemic buying, Michael Kors parent Capri takes a hit. Senate Majority Leader Mitch McConnell dons a face mask. Associated Press. Email icon; Facebook icon; Twitter icon; Linkedin icon ... Flag as irrelevant
	Reuters United Airlines to triple flights in August, but watching COVID-19 spikes Reuters (Reuters) - United Airlines (UAL.O) is adding nearly 25,000 domestic and international flights in August, tripling the number it flew in June, while standing ready to shift plans if recent spikes in COVID-19 cases hurt demand, executives said on Wednesday. Flag as irrelevant
	U.S. News & World Report UK Regulator Urges Reforms to Curb Google, Facebook Ad Power U.S. News & World Report LONDON (AP) — British regulators want new rules to foster competition in digital advertising markets and rein in the industry's dominant players, Google and Facebook. The Competition and Markets Authority took aim at the U.S. tech giants in a report ... Flag as irrelevant
	Washington Post US manufacturing bounces back in June on reopenings Washington Post SILVER SPRING, Md. — U.S. manufacturing rebounded in June as major parts of the country opened back up, ending three months of contraction in the sector caused by the coronavirus pandemic. The Institute for Supply Management, an association of ... Flag as irrelevant
	Forbes Disney Or Comcast? Forbes Comcast stock (NASDAQ: CMCSA) price has increased by 11% in the last three and a half years, when the stock increased from $35 at the end of 2016 to $39 as on 30th June,2020. That's positive for Comcast's investors. But wait a minute, close rival Disney ... Flag as irrelevant
	The Independent UPDATE 1-German watchdog defends Wirecard oversight before lawmakers Reuters (Updates with sources, background). FRANKFURT/BERLIN, July 1 (Reuters) - The head of Germany's financial market regulator BaFin, which is under intense scrutiny for its oversight of collapsed Wirecard, defended its record on Wednesday, saying it wasn't ... Flag as irrelevant
	pymnts.com Police Raid Wirecard's Offices In Two Countries pymnts.com A team of investigators raided Wirecard AG's offices in two countries as part of the probe into the 1.9 billion euros ($2.1 billion) that went missing from the payments company's accounts, Bloomberg News reported. According to the report, a dozen Munich ... Flag as irrelevant
	The Detroit News Reflecting toll of COVID-19, FCA, GM sales both down over 30% The Detroit News The mounting toll of the coronavirus pandemic on the auto industry was shown Wednesday when Fiat Chrysler Automobiles NV and General Motors Co. said their sales dropped more than 30% in the second quarter amid a nearly nationwide shut down. Flag as irrelevant
	Bloomberg Virus Shot From Pfizer, BioNtech Shows Promise in Early Test Bloomberg An early trial of an experimental coronavirus vaccine from Pfizer Inc. and BioNtech SE showed it's safe and prompted patients to produce antibodies against the new virus, keeping it in the lead pack for a pandemic shot. The messenger RNA product was ... Flag as irrelevant
	Midwest Communication Luckin Coffee finds 2019 revenue inflated by $300 million as financial misconduct comes to a close MarketWatch Luckin Coffee Inc. LK, +19.95% announced the "substantial completion" of the internal investigation into financial misconduct on Wednesday, finding that the company's 2019 annual revenue was inflated by about RMB 2.12 billion (approximately $300 million) ... Flag as irrelevant
	Reuters General Mills sees more gains from crisis-led demand Reuters (Reuters) - General Mills Inc reported strong quarterly results on Wednesday and said it expected further boost to sales of its cereals and snacks for the rest of the year as people remain hunkered down in their homes due to coronavirus-related curbs. Flag as irrelevant
	NBC 5 Dallas-Fort Worth American Airlines Adjusts International Network, Announces DFW Airport as Primary Trans-Pacific Hub NBC 5 Dallas-Fort Worth The airline announced Wednesday that it will adjust its long-haul international schedule for winter 2020 through summer 2021. By Hannah Jones • Published 2 mins ago • Updated 18 seconds ago. NBC 5 News. American Airlines has announced that Dallas ... Flag as irrelevant
	Motley Fool Why Inovio Pharmaceuticals Stock Is Crashing Today Motley Fool Lingering disappointment over results announced on Tuesday and an FDA update are weighing on the stock. Keith Speights. (TMFFishBiz). Jul 1, 2020 at 11:19AM. Author Bio. Keith began writing for the Fool in 2012 and focuses primarily on healthcare ... Flag as irrelevant
	Green Car Reports Lucid Air claimed to be the most aerodynamically efficient luxury car Green Car Reports It's appropriate that a car named Air produced good results in the wind tunnel. Lucid Motors says its upcoming electric car will be the world's most aerodynamically efficient luxury car when it goes into production later this year. The Air achieved a drag ... Flag as irrelevant
	Motley Fool Why Shares of FedEx Are Up Today Motley Fool Shares of FedEx (NYSE:FDX) gained 13% at the open on Wednesday after the transport and shipping giant reported better-than-expected quarterly results. The COVID-19 pandemic continues to weigh on the global economy, and with it shipping stocks, but ... Flag as irrelevant
	TechCrunch Tesla blows past Toyota to become most valuable automaker in the world TechCrunch In 10 years, Tesla has gone from public market newbie to the most valuable automaker in the world by market value. The electric automaker had long since passed the valuations of Ford and GM and in January became the most valuable U.S. automaker ever ... Flag as irrelevant
	Barron's New FDA Guidance May Not Allow Covid-19 Vaccine This Year, Analyst Says Barron's When will a Covid-19 vaccine be ready? It's the most important question in the fight against the pandemic, and while companies have offered a range of answers, America's drug regulator has been mostly silent until now. That changed Monday, when the ... Flag as irrelevant
	Insurance Journal Las Vegas Casino Workers Sue Over Coronavirus Safety Concerns Insurance Journal Unions representing 65,000 Las Vegas-area casino workers accused some resort operators on Monday of putting employees at risk of illness and death during the coronavirus pandemic by skimping on safety measures like a requirement for mask-wearing. Flag as irrelevant
	Law.com General Counsel Unprepared for Data Privacy Regulations Including CCPA Law.com More than half of general counsel believe their organizations are not prepared for coming data privacy regulations, including the California Consumer Privacy Act, which had its enforcement date go into effect Wednesday, according to a survey published by ... Flag as irrelevant
	The Real Deal Home loans are getting bigger, even as application volume drops The Real Deal The number of prospective homebuyers applying for mortgages fell again, but those still in the market are asking for larger loans (iStock). Homebuying demand is dropping off, but those still in the market are applying for larger loans, according to a weekly ... Flag as irrelevant
	The Detroit News VW, Continental offices raided in German diesel-cheating probe The Detroit News German police raided offices of Continental AG and Volkswagen AG on Wednesday in an investigation related to the 2015 emissions-cheating scandal. Continental sites in Hanover, Frankfurt and Regensburg were searched, a spokesman for the automotive ... Flag as irrelevant
	Automotive News Tesla's Shanghai plant might have rescued Q2 results, analysts say Automotive News Tesla Inc. endured a roughly seven-week shutdown of its most important car plant in the world last quarter, but its brand-new backup factory may have saved the day. The manufacturer may have delivered more than 82,000 vehicles last quarter, according to ... Flag as irrelevant
	CNBC John Paulson to turn hedge fund firm into family office - Bloomberg News Reuters July 1 (Reuters) - Billionaire John Paulson is turning his hedge fund firm into a family office after setting the stage for the conversion last year, Bloomberg News reported on Wednesday, citing a letter from him to investors. "After considerable reflection and ... Flag as irrelevant
	Firstpost Netflix strengthens C-suite with Bozoma Saint John as new CMO Marketing Dive Netflix has appointed Bozoma Saint John as its new chief marketing officer, Deadline reported. Saint John comes to Netflix from holding group Endeavor, where she served as CMO since 2018. Prior to that, she was Uber's chief brand officer, Apple's head of ... Flag as irrelevant
	Reuters Ryanair Sees 'Very Strong' July Bookings but Ticket Prices Lower Than Ever The New York Times DUBLIN — Ryanair has seen "very strong" bookings for the first two weeks of July across its network, which it largely reopened on Wednesday, but expects ticket prices to be lower than ever for 12 months, Group Chief Executive Michael O'Leary said. Flag as irrelevant
	Jackson Free Press Netflix Invests $10M in Black-Owned Credit Union in South Jackson Free Press JACKSON, Miss. (AP) — Netflix on Tuesday announced a $10 million investment in a Mississippi-based credit union to build economic opportunities in Black communities across the Deep South. The Netflix deposit is one of the first investments in the $100 ... Flag as irrelevant
	The New York Times Fujifilm to Partner With Dr. Reddy's to Sell Avigan Overseas as COVID-19 Treatment The New York Times TOKYO — Fujifilm Holdings Corp said on Wednesday it was partnering with Dr Reddy's Laboratories to sell the anti-flu drug Avigan in India and elsewhere to treat COVID-19, the respiratory disease caused by the coronavirus. The agreement provides for ... Flag as irrelevant
	Puget Sound Business Journal (Seattle) Microsoft launches effort to provide digital skills to 25M people this year Puget Sound Business Journal (Seattle) Microsoft launched an initiative Monday to teach digital skills to 25 million people who lost their jobs due to Covid-19 by the end of 2020. The company will combine resources from itself and its subsidiaries LinkedIn and GitHub to identify in-demand jobs and ... Flag as irrelevant
	RoadandTrack.com Maserati's New MC20 Supercar Will Have a 613-HP Twin-Turbo V-6 RoadandTrack.com Maserati is finally making a new supercar. Over a decade after it introduced its last two-door model, the company is promising a proper Italian sports car with serious performance. Ahead of the car's September 9 reveal, we got one key spec: The MC20 will ... Flag as irrelevant
	Dayton Daily News Kroger Health at-home coronavirus test kit approved by FDA Dayton Daily News At at-home coronavirus test collection kit from Kroger Health received emergency use authorization by U.S. Food and Drug Administration, according to the company. The testing kit combines telehealth with at-home testing and will be available to frontline ... Flag as irrelevant
	Business Today BT Insight: Gold prices at record high of Rs 48980; should you buy, hold or exit? Business Today People who have missed the rally are wondering if they should invest now. Many investors with good exposure to the yellow metal are pondering over liquidating and locking in some gains. Naveen Kumar. New Delhi, July 1, 2020; |; UPDATED 19:53 IST; A+A ... Flag as irrelevant
	ETAuto.com Pandemic sinks Japan business mood to lowest since 2009 crisis ETAuto.com The dismal readings reinforce expectations Japan is headed for deep recession due to the fallout from the pandemic. TOKYO: Japanese manufacturers' confidence sank in the second quarter to levels not seen since the 2009 global financial crisis, ... Flag as irrelevant
	Business Standard Haldia Petrochemicals acquires majority stake in Lummus Technologies Business Standard Haldia Petrochemicals Limited (HPL), a flagship company of The Chatterjee Group (TCG) along with an international partner, Rhone Capital, has acquired US-based Lummus Technology at an enterprise value (EV) of $2.725 billion (approximately Rs 20,590 ... Flag as irrelevant
	CNA Japan's new plastic bag charge: What it means for consumers and the environment The Japan Times From Wednesday, all retail outlets across the country are required to charge customers for the use of plastic bags. The new requirement is an attempt by the government to reduce the amount of plastic that ends up in the country's rivers, forests, streams and, ... Flag as irrelevant
	Yahoo Finance Iraq Seeks IMF Loan, Saudi Investments to Boost Oil-Battered Economy Yahoo Finance (Bloomberg) -- Iraq is in talks with the International Monetary Fund for a loan and is seeking Saudi investments in its natural-gas fields, as Baghdad tries to bolster its battered economy in the face of the coronavirus and low energy prices. The IMF and Iraq are ... Flag as irrelevant
	Marker Has Warren Buffett Lost His Touch? Marker Warren Buffett speaks to reporters during the company's annual shareholders meeting in Omaha, Nebraska on May 4, 2019. Photo: Yang Chenglin/Xinhua News Agency/Getty Images. You've probably heard all of the arguments before: "Warren Buffett is ... Flag as irrelevant
	Crunchbase News Curv Banks On $23M Series A To Accelerate Digital Asset Adoption Crunchbase News Curv, which is developing a digital asset security infrastructure to help crypto-native and traditional financial institutions create digital wallets, said it raised $23 million in Series A funding on Wednesday. Subscribe to the Crunchbase Daily. The New ... Flag as irrelevant
	CarBuyer New Suzuki Across plug-in hybrid SUV has 46-mile electric range CarBuyer Suzuki has revealed the Suzuki Across, a rebadged version of the Toyota RAV4. It's a family-size SUV to rival the SEAT Ateca, Peugeot 3008 and Hyundai Tucson, and only comes with a plug-in hybrid (PHEV) powertrain. Sales will commence in autumn and ... Flag as irrelevant
	mlive.com UAW considering independent monitor to prevent corruption mlive.com A federal prosecutor and the United Auto Workers president are looking at using an independent monitor to make sure that a wide-ranging union corruption scandal never happens again. The monitor was one option discussed during a two-hour meeting ... Flag as irrelevant
	RoadandTrack.com Listen to the New Ford Bronco's Engine for the First Time RoadandTrack.com Earlier this week, Ford released a teaser video for the new Ford Bronco, set to be revealed on July 13. The 35-second clip doesn't show the truck itself, but rather, depicts the new Bronco traversing a handful of different terrains from the perspective of the front ... Flag as irrelevant
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