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Big Tech CEOs to face off with Congress Congress on Wednesday is set to grill the top executives from Amazon, Apple, Facebook and Google in a landmark antitrust hearing that could pave the way for sweeping changes targeting Silicon Valley. The high-profile interrogation on Capitol Hill caps off a ...
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"Solar For Coal" Swaps: The New Financial Innovation Accelerating Utility Coal-To-Clean Transitions Coal economics have passed the cost crossover point with renewables – 179 gigawatts (GW) of coal plants in the United States were more expensive to operate than replacing them with new local solar or wind energy in 2018. But even though opportunities ...
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Boeing Plans Deeper Job, Production Cuts Boeing Co. BA -3.69% said it would cut production of commercial jets even further and continue to shrink its workforce as the coronavirus pandemic deepens its toll on the global aviation industry. The U.S. aerospace giant lost $2.4 billion in the second quarter ...
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Got $10000? Invest in These 3 Coronavirus Vaccine Stocks These three stocks are exposed to big upsides from vaccine development, but they're also rich with research collaborations and government funding. Alex Carchidi. (TMFacarchidi). Jul 29, 2020 at 9:13AM. The race for a coronavirus vaccine is far from over, ...
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India's top airline IndiGo to raise at least $268 million via leaseback BENGALURU/NEW DELHI (Reuters) - IndiGo, India's largest airline, said on Wednesday it planned to raise at least 20 billion rupees ($268 million) through the sale and leaseback of planes and other assets, after reporting its steepest quarterly loss in at least ...
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Kodak's stock triples as company announces pandemic plan to start making pharmaceutical ingredients The pandemic has heightened longstanding worries about pharmaceutical ingredients sourced in countries like China and India that are used to make U.S. medicines. Kodak World Headquarters in Rochester, N.Y. Getty Images. The Trump administration's ...
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US STOCKS-Wall Street rises on upbeat earnings as Fed looms (For a live blog on the U.S. stock market, click or type LIVE/ in a news window). * Starbucks sees business 'steadily recovering', shares up. * Boeing shares fall after bigger-than-expected loss. * Advanced Micro Devices surges after revenue forecast raise.
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Remitly raises $85M at a $1.5B valuation, says money transfer business has surged Remittances — when people send money internationally to family and friends, or as a payment — has long been one of the most important levers for getting funds to people in developing economies. However, the persistent spread of the coronavirus is having ...
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Blue Apron Swings to Profit Amid Pandemic Blue Apron Holdings Inc. APRN -15.31% reported its first profitable quarter since going public three years ago, buoyed by higher demand for cooking at home during the coronavirus pandemic. The meal-kit company said it generated $1.1 million in the second ...
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Data Privacy High Concern For Consumers But Many Not Taking Steps To Protect Themselves Data privacy is a high concern for consumers, but many aren't willing to spend time and money to protect themselves, according to a new white paper by the consulting firm KPMG. Slightly less than nine out of 10 consumers surveyed believe data privacy is a ...
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EBay Has A Chance To Become Relevant Again Thanks To Coronavirus. Can It Deliver? Coronavirus has led to bankruptcies and even the end for many struggling companies, but it's given a new window of opportunity for eBay in its continued fight against larger rival Amazon. Second-quarter gross merchandise value, or GMV, sold on eBay ...
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Move over Tesla: Robinhood day-trading crowd finds a new speculative favorite in Kodak The Robinhood crowd has a new favorite speculative stock: Eastman Kodak. In the last 24 hours, more than 20,000 users have added the stock to their portfolio, making it by far the most popular stock on the millennial-favored trading app according to data ...
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JetBlue Deploys Ultraviolet Cleaning Robot at JFK Airport in Fight Against Coronavirus JetBlue has become the first airline in the country to use new cutting-edge UV light technology in its cleaning efforts as a means to fight the coronavirus. JFK Airport in New York, along with Fort Lauderdale-Hollywood International Airport in Florida, have been ...
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Driving Business Innovation With Marketing Mix Modeling: Quantzig Illustrates Why It's Inevitable for Your Business LONDON--(BUSINESS WIRE)--Quantzig, a global data analytics and advisory firm that delivers actionable analytics solutions to resolve complex business problems, has announced the completion of its recent article that examines the role of marketing mix ...
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Sweden's Northvolt raises $1.6 bln in debt financing STOCKHOLM, July 29 (Reuters) - Swedish lithium-ion battery maker Northvolt said on Wednesday it had secured $1.6 billion in debt financing, as part of its plan to have 25% market share of European mobile battery production. Last year, automakers ...
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Wingstop's Sales Soar During the Pandemic Wingstop (NASDAQ:WING) is thriving in a challenging environment. On March 11, COVID-19 was declared a global pandemic by the World Health Organization. Since then, Wingstop's sales have soared 37% year over year, according to the company's ...
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Canada Warns Residents Receiving Mystery Seeds TORONTO—Canada's federal food inspection agency said it is investigating reports that Canadians are receiving mystery packages of seeds. The agency, which issued an announcement on Tuesday, didn't provide details, but the circumstances appear ...
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Three 401(k) withdrawal rules that will help your retirement savings last Saving for retirement is tough, and once you reach retirement age you may think the hard part is over. However, you have one more challenge -- making sure your savings last as long as possible. Continue Reading Below. SHOULD YOU RETIRE IN 2020?
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L Brands Sparks Investor and Wall Street Enthusiasm After Unveiling $400 Million Cost-Savings Plan The retailer's plan to spin off Victoria's Secret and remake Bath & Body Works was given a big thumbs-up. Rich Duprey. (TMFCop). Jul 29, 2020 at 11:04AM. Author Bio. Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of ...
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Insurer Anthem's 2Q profit swells, helped by drop in claims INDIANAPOLIS — Anthem's second-quarter profit doubled to nearly $2.3 billion, as a pandemic-induced drop in claims and a new business pushed the Blue Cross-Blue Shield insurer's earnings past expectations. Support our journalism. Subscribe today.
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After Months of Negotiations, Postal Service Reaches Agreement for $10B Loan From Treasury The U.S. Postal Service has reached terms with the Treasury Department to access a $10 billion line of credit authorized by Congress in March, ending months of negotiations between the Trump administration and the cash-strapped mailing agency.
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Bharti Airtel quarterly revenue rises 15% on higher data usage, tariffs BENGALURU, July 29 (Reuters) - India's Bharti Airtel Ltd on Wednesday reported a 15.4% rise in first-quarter revenue as customers consumed more data during the coronavirus crisis, even at higher rates. Consolidated revenue rose to 239.39 billion rupees ...
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Denbury Resources Expects to File for Chapter 11 Bankruptcy by Thursday Denbury Resources Inc. said it expects to file for chapter 11 bankruptcy by Thursday as it enters a restructuring support agreement with lenders that will eliminate its bond debt by $2.1 billion, joining energy companies that have had to restructure their ...
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McDonald's Has a Breakfast Problem Consumer mobility is down, and that could spell trouble for growth for the restaurant chain over the next few quarters. Demitrios Kalogeropoulos. (TMFSigma). Jul 29, 2020 at 9:39AM. Author Bio. Demitri covers consumer goods and media companies for ...
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Facebook Is Reportedly Offering Money To Lure Influencers From TikTok To Reels As the U.S. is considering banning TikTok, the short-term video app faces another challenge, Facebook-owned Instagram is launching its short-term video functionality Reels in early August and the company has been making lucrative offers to TikTok ...
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Nearly 8000 Larimer County businesses got PPP money. But nobody's in the clear yet Dave Clark is bracing for another countywide shutdown if the number of COVID-19 cases keeps rising in Larimer County. And that will put him between the proverbial rock and a hard place, or in this case, between county and federal governments. Clark, who ...
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Bunge raises outlook as robust agribusiness powers profit beat (Reuters) - Agricultural commodities trader Bunge Ltd on Wednesday raised its full-year outlook after its second-quarter profit handily beat Wall Street estimates, sending shares up more than 5% in premarket trading. Despite a worsening coronavirus ...
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Elon Musk tweets that Tesla is open to licensing tech in pursuit of its real goals Tesla Inc. (NASDAQ: TSLA) could be open to new revenue streams in pursuit of higher goals, if a recent tweet by CEO Elon Musk is to be believed. "Tesla is open to licensing software and supplying powertrains & batteries. We're just trying to accelerate ...
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Electric bikes arrive in Chicago after months of delays A new type of bike arrived Wednesday in Chicago, though later than expected. Pedal-assist electric bikes are now available for residents. The effort was led by Lyft, the company that runs the Divvy bike-share program, and the Chicago Department of ...
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Mega Millions results for 07/28/20; jackpot worth $20 million LANSING, MI – There was no winner of the $20 million Mega Millions jackpot for the drawing held on Tuesday, July 28. That means the drawing on Friday, July 31 will be worth $22 million with a cash option of $17.9 million. The Mega Millions numbers for July ...
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GAIA calls US chemical recycling initiatives an 'industry greenwashing tactic' Fanning the flames of the controversy in the US about chemical recycling, a new report published by the environmentalist group Global Alliance for Incinerator Alternatives (GAIA) roundly rejects all claims that the technology represents a "silver bullet solution ...
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MD Anderson Leads List of Top-Tier Cancer Hospitals For the sixth consecutive year, University of Texas MD Anderson Cancer Center in Houston was named the top Adult Cancer Hospital in America by U.S. News & World Report. Several of the top-tier cancer centers on the list have specialty programs for ...
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Murray Hill Trader Joe's Employees Attacked For Asking Customers to Wear Masks 10 Trader Joe's employees were attacked this month after asking customers to wear masks, employees say. Two unmasked men assaulted employees at a Trader Joe's store in Murray Hill earlier this month after they were asked by employees to wear masks ...
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Steve Madden second-quarter revenue falls 68% Steve Madden Ltd. shoo reported a net loss of $16.6 million, or 21 cents per share, after net income of $36.6 million, or 44 cents per share, last year. Adjusted losses of 19 cents per share were better than the expected 27-cents-per-share decline. Revenue of ...
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Visa Profit Drops 23% as Card Spending Slows Payments volume improved as the third quarter progressed, reflecting the easing of shelter-in-place orders in the U.S.. Linkedin Share · Facebook Share · Twitter Share · Mail Share · Matthew Heller. Visa reported that quarterly profit fell 23% amid a decline in ...
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National mint: Please spend your coins MORONGO BASIN - The national coin shortage has hit locally; if you want a chicken sandwich, pet supplies or the latest video game at Wal-Mart you may have to pay with exact change or a car. On June 11, the Federal Reserve acknowledged that the ...
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Shopify's Q2 shines as businesses go digital en mass amid COVID-19 pandemic Live. How Shopify thinks through building a developer base and e-commerce. Watch Now. Shopify's second quarter results benefited from a surge in small businesses going digital in a hurry and leveraging e-commerce amid the COVID-19 pandemic.
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Six Flags second-quarter revenue and attendance falls 96% Six Flags Entertainment Corp. SIX, -4.01% reported a second-quarter net loss of $136.9 million, or $1.62 per share, after net income of $79.5 million, or 94 cents per share, last year. The FactSet consensus was for a loss of $1.02 per share. Revenue fell 96% ...
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The Venture Capitalists Making a Bet on Aging Consumers Veteran investor Alan Patricof has teamed with entrepreneur Abby Miller Levy to back startups riding the "silver tsunami." By. Michael Tobin. More stories by Michael Tobin. July 29, 2020, 1:00 AM PDT. Patricof. Photographer: Justin Wee for Bloomberg ...
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Wizz Air looks at fleet expansion despite signs of new travel clampdown Low-cost carrier Wizz Air is shrugging off early signs of a new clampdown on international air travel, promising to expand its fleet by 50 per cent over the next three years as rivals retrench. Announcing a pre-tax loss of €107.4m in the ...
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Mercedes-Benz EQV: electric MPV priced from £70665 The new Mercedes-Benz EQV is now available to order in the UK, with prices starting from £70,665. It's the second EQ-branded electric Mercedes on sale, and first deliveries are due to commence in the autumn. One powertrain option and three trim levels ...
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Nike became one of the world's hottest brands during lockdown - and you can still save in their sale Yahoo Lifestyle is committed to finding you the best products at the best prices. We may receive a share from purchases made via links on this page. Prices were correct at the time of publication. One of the most bonding things about lockdown is how we all ...
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GSK profit misses as vaccine sales disappoint, stockpiling eases (Reuters) - Britain's GSK (GSK.L) on Wednesday missed second-quarter profit estimates following reduced sales of its existing vaccines and as patients used up treatments stockpiled during coronavirus lockdowns that have eased. FILE PHOTO: General view ...
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ALSAC receives top honor on Fast Company's 2nd annual list of 100 Best Workplaces for Innovators MEMPHIS, Tenn., July 29, 2020 /PRNewswire/ -- Fast Company today announced its second annual Best Workplaces for Innovators list, honoring businesses and organizations that demonstrate a deep commitment to encouraging innovation at all levels.
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Maruti shares decline nearly 2 per cent after Q1 earnings Net sales declined to Rs 3,679 crore in the first quarter as against Rs 18,738.8 crore in the year-ago period, MSI said in a statement. Share Via Email. Published: 29th July 2020 06:41 PM | Last Updated: 29th July 2020 06:41 PM | A+A A-. Maruti Suzuki India.
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Pizza Hut staff face job cuts as coronavirus decimates restaurant industry PIZZA HUT staff could find their jobs at risk as the restaurant chain becomes the latest firm to struggle with the impact of coronavirus. According to Sky News, the chain is in talks with restructuring firm Alvarez & Marsal over closing branches as part of a ...
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Sensex falls 421 points, Nifty ends at 11202; auto stocks lead losses Domestic benchmarks Sensex and Nifty ended on a negative note on Wednesday, erasing yesterday's gains on the back of weak global equities. Sensex closed 421 points lower at 38,071 and Nifty lost 97 points to 11,202. In the previous session, Sensex ...
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Smith and Nephew swings to a loss as sales decline during lockdown Medical device maker Smith and Nephew reported a huge drop in revenue as it swung to a loss of $5bn (£3.86bn) from a profit of $419m (£323m) a year earlier. The figures. Smith and Nephew reported an 18.7 per cent drop in revenue in the first half of the ...
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Opinion: When Is a Coronavirus Test Not a Coronavirus Test? Tests are now widely available in many places, but results are often taking so long to come back that it is more or less pointless to get tested. If it takes up to two weeks to get results, we can't detect brewing outbreaks and respond with targeted shutdowns.
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Older borrowers are struggling with student loan debt even more during COVID-19 Kimberly King was burnt out in her nursing career. Before COVID. So she took on student debt to change careers — and was defrauded by what she says was a predatory online college. Now at age 56, she's back 40 hours a week in her registered nurse job, ...
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