 | |||||||
| finance | |||||||
| NEWS | |||||||
US companies not rushing to rehire workers; rising COVID-19 cases threaten recovery WASHINGTON (Reuters) - U.S. private payrolls increased less than expected in June as reopening businesses showed little urgency to rehire workers and employers announced more than 170,000 layoffs, bolstering views the recovery from the COVID-19 ...
| |||||||
Senate Extends PPP Five More Weeks, Indicates More Help To Come Just hours before the Paycheck Protection Program application deadline was set to expire, the Senate late Tuesday voted by unanimous consent to extend the deadline an additional five weeks to Aug. 8. If the U.S. House of Representatives approves the ...
| |||||||
US crude stockpiles drop sharply as imports fall, refining rises: EIA (Reuters) - U.S. crude oil stockpiles dropped sharply from record highs, as refining activity picked up and imports fell, the Energy Information Administration said on Wednesday. FILE PHOTO: Pump jacks operate in an oil field in Midland, Texas U.S. August 22, ...
| |||||||
US to take stake in troubled trucking company YRC Worldwide (Reuters) - YRC Worldwide Inc (YRCW.O) said on Wednesday it would give the U.S. government a 29.6% stake in the trucking company in exchange for a $700 million loan, tapping a $17 billion bailout fund originally intended for defense contractors such as ...
| |||||||
Las Vegas: What's open and closed over 4th of July Las Vegas is planning a quieter Fourth of July celebration. You won't see fireworks on the Strip, but the Plaza Hotel-Casino in the downtown area will light up the night sky starting at 10 p.m. Saturday. Fireworks at Plaza Hotel-Casino in Las Vegas. Fireworks ...
| |||||||
UPDATE 1-BP completes sale of Alaskan oil and gas producing properties to Hilcorp Energy (Adds details, background). HOUSTON, July 1 (Reuters) - BP Plc said it completed the sale of its Prudhoe Bay oil and gas producing properties to closely-held Hilcorp Energy, ending 60 years as a top Alaskan oil producer. BP and other oil majors have ...
| |||||||
Blocking middle seats on planes is a 'PR strategy, not a safety strategy,' United says United dismissed the effectiveness of blocking middle seats. Airlines are grappling with how to calm travelers nervous about flying during the coronavirus pandemic. All major U.S. carriers require that passengers wear masks onboard. A passenger looks at his ...
| |||||||
UK regulator urges reforms to curb Google, Facebook ad power LONDON — 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 Wednesday ...
| |||||||
Fujifilm pairs with Dr. Reddy's, Global Response Aid to make COVID-19 drug Avigan Japan's Fujifilm penned a deal with India's Dr Reddy's Laboratories and Dubai-based Global Response Aid to manufacutre and sell its flu drug Avigan for COVID-19. (Pixabay). Share Facebook Twitter LinkedIn Email Print. Meeting global demand for a ...
| |||||||
Lululemon acquisition Mirror could generate $700 million and reach 600000 subscribers by 2023: Bank of America Lululemon Athletica announced the $500 million acquisition of the Mirror at-home fitness company on Monday. Lululemon Athletica sees increased opportunity in digital fitness, in part due to the coronavirus pandemic. Getty Images. Email icon; Facebook icon ...
| |||||||
US Private Payrolls Miss Expectations; Layoffs Persist as Demand Weakens WASHINGTON — U.S. private payrolls increased less than expected in June and employers announced more than 170,000 layoffs, strengthening views that the labor market and broader economic recovery from the COVID-19 pandemic would be a long slog.
| |||||||
German Watchdog Defends Wirecard Oversight Before Lawmakers FRANKFURT/BERLIN — 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 alone in deciding how to categorise the payments ...
| |||||||
June Stock Market Review: Spiking Coronavirus Cases Slow the Reopening Rebound After rallying by about 25% during April and May, the S&P 500 ended June rather flat. The benchmark index rose by about 1.8%, but still posted its third straight monthly gain. The Dow Jones Industrial Average also finished modestly higher for the month.
| |||||||
Networks of self-driving trucks are becoming a reality in the US The self-driving truck company TuSimple is laying the groundwork for a futuristic autonomous freight industry. By Rebecca Heilweil Jul 1, 2020, 1:20pm EDT. Share this story. Share this on Facebook · Share this on Twitter; Share All sharing options. Share All ...
| |||||||
Even after FDA's coronavirus vaccine guidance, the emergency path remains a mystery: GlobalData In reviewing potential COVID-19 vaccines, FDA commissioner Stephen Hahn has pledged to "not cut corners" or allow politics to affect decisionmaking. But while the agency has laid out clear efficacy requirements for a full approval, the emergency use ...
| |||||||
Macy's rethinks Black Friday bonanza in era of pandemic NEW YORK -- Macy's is refashioning what the Black Friday sales bonanza events will look like in a pandemic. Macy's CEO Jeff Gennette told analysts Wednesday said that the department store will be pivoting its Black Friday business more toward online and ...
| |||||||
Weathered Souls Brewery's Black is Beautiful stout raises awareness to racial injustice The smells of hazelnut and coffee pierced the air, mingling with the sounds of Busta Rhymes' "Break Ya Neck" as half a dozen men worked tirelessly in the small canning area of Weathered Souls Brewery on Monday, producing a beer with a socially ...
| |||||||
Office Depot's Stock Just Jumped -- But You Won't Like the Reason Why It's not every day you see a stock's share price jump more than 800%, but in a market that has seen a surge in day-trading activity, it might seem like anything's possible. Unfortunately, the news that's sending Office Depot's (NASDAQ:ODP) stock price into the ...
| |||||||
Former Indivior CEO pleads guilty in federal Suboxone probe a day after stepping down from post Indivior's former parent company, Reckitt Benckiser, has paid out more than $2 billion in its own Suboxone settlements. (Indivior). Share Facebook Twitter LinkedIn Email Print. Federal prosecutors have hounded opioid maker Indivior for years over its ...
| |||||||
Netflix redirecting 2% of cash holdings, up to $100M, to benefit black communities Netflix isn't just talking the talk. The streaming giant is turning its support for black communities into tangible action, the company announced in a statement Tuesday. Advertisement. "Going forward, Netflix is going to allocate 2% of our cash holdings – initially ...
| |||||||
Delta bringing back alcohol for first-class, Comfort+ members after stopping service due to coronavirus First-class passengers have something to cheer about — other than the extra legroom. CLICK HERE FOR COMPLETE CORONAVIRUS COVERAGE · Delta Air Lines announced it will be resuming its beer and wine service to first-class and Comfort+ ...
| |||||||
Treasury yields inch higher to kick off new quarter ahead of data deluge U.S. Treasury yields rose in early Wednesday's trade ahead of data releases that will reflect impact of efforts to reopen the economy on the manufacturing sector and labor-market. What are Treasurys doing? The 10-year note yield TMUBMUSD10Y, 0.677% ...
| |||||||
Dish embracing O-RAN; selects Altiostar and Fujitsu Dish Network will use Altiostar's cloud-native O-RAN compliant solution for its 5G network buildout, providing the carrier with openness, modularity, agility and scalability. The Altiostar solution leverages artificial intelligence (AI) and machine learning to deliver ...
| |||||||
FedEx shares jump over 9% as quarterly results top expectations A surge in pandemic-fueled home deliveries helped FedEx post better-than-expected quarterly profit and revenue. FedEx said the novel coronavirus pandemic hit virtually all of the company's revenue and expense line items. Executives declined to provide an ...
| |||||||
COVID-19: Kroger gets emergency use approval for at-home test kit Kroger Health, the healthcare division of Cincinnati-based Kroger Co., said Wednesday it has received emergency use authorization from the U.S. Food and Drug Administration for its home-based COVID-19 test kit. The test kit will be made available to ...
| |||||||
Dish Closes $1.4 Billion Transformative Purchase Of Boost Mobile Dish took a major step towards remaking itself Wednesday as it completed the $1.4 billion acquisition of Boost Mobile from T-Mobile, officially entering the retail wireless market serving more than nine million customers. The company founded by Charlie ...
| |||||||
China: US 'oppressing Chinese companies' in new Huawei move China on Wednesday demanded Washington stop "oppressing Chinese companies" after U.S. regulators declared telecom equipment suppliers Huawei and ZTE to be national security threats. The Federal Communications Commission on Tuesday blocked ...
| |||||||
National coin shortage has retailers pleading for exact change The coronavirus crisis has sparked a nationwide coin shortage that reportedly has retailers pleading with customers for exact change. The Federal Reserve revealed last month that the pandemic had "significantly disrupted" the supply chain and circulation ...
| |||||||
Pandemic Hits Byton's Finances and Forces Production Halt, Report Says Chinese EV startup Byton, which planned to launch an electric crossover in Europe and maintains a sizable presence in the U.S., announced it would suspend production starting July 1 to conduct a reorganization, Reuters reports. Related Story. Byton Shows ...
| |||||||
Carolina Beer Guy: Not all breweries fully reopen The long journey to the new normal continues for Asheville-area breweries. Just over a month after Gov. Roy Cooper ushered the state into Phase 2 of reopening amid the coronavirus emergency and allowed many businesses to resume operations at limited ...
| |||||||
Lululemon to Acquire Home Fitness Brand MIRROR Lululemon Athletica has announced it has entered into an agreement with MIRROR. MIRROR is an in-home fitness company that has created an interactive workout platform featuring live and on-demand classes. This acquisition is for the purchase price of ...
| |||||||
India Seeks Private Funds to Run Passenger Trains for First Time India is seeking investment from private firms to operate passenger trains for the first time as Prime Minister Narendra Modi looks to tap new sources of cash to boost economic recovery and create jobs. The Ministry of Railways asked private companies to ...
| |||||||
YouTube TV Gets Another Hefty Price Hike Last month the service cost $49.99, but new subscribers now pay $64.99 per month and existing subscribers will see the price rise after July 30. Matthew Humphries. By Matthew Humphries. July 1, 2020. facebook · twitter · flipboard. social share. Flipboard.
| |||||||
Dun & Bradstreet IPO Climbs As Trading Begins, Raising $1.7 Billion Dun & Bradstreet (DNB) returned to the public market with an initial public offering that priced late Tuesday and raised $1.7 billion, about 30% more than originally planned. The Dun & Bradstreet IPO began trading Wednesday morning. X. Error loading player:.
| |||||||
Cresco Sells Massachusetts Property To Cannabis REIT For About $29M Cresco Labs (CSE: CL) (OTCQX: CRLBF) has sold a Fall River, Massachusetts-based property to Innovative Industrial Properties Inc. (NYSE: IIPR) for $28.8 million. The property covers 118,000 square-feet of industrial space, including cultivation space, ...
| |||||||
Volkswagen nixes Turkish car factory, blames slowing car sales, coronavirus Turkey will no longer be home to a future Volkswagen car factory. The Financial Times first reported the decision Wednesday, with VW citing slowing car sales. VW confirmed the decision with Roadshow. A spokesperson added, "The reason behind this is the ...
| |||||||
Mnuchin says hardest-hit businesses should be next aid focus Treasury Secretary Steven Mnuchin told Congress on Tuesday that the administration wants the next round of economic aid to focus supporting businesses like restaurants that have been hardest hit by the coronavirus crisis. Mnuchin said he is already talking ...
| |||||||
Geely's Volvo announces its biggest ever recall over seat belt cable STOCKHOLM (Reuters) - Volvo Cars said on Wednesday it was recalling nearly 2.2 million cars built between 2006 and 2019 to address a potential issue with cables attached to their front seat belts in the automaker's biggest ever recall. Volvo said it would ...
| |||||||
State Sales Tax Revenue Totaled $2.7 Billion in June "Increased spending by businesses to facilitate teleworking resulted in higher tax collections from vendors of computer hardware and software products." Texas Insider Report: AUSTIN, Texas – Texas Comptroller Glenn Hegar today said state sales tax ...
| |||||||
Toyota RAV4-based Suzuki ACross Plug-in SUV unveiled in Europe LONDON: Suzuki Motor Corporation on Wednesday launched the new ACross SUV powered by the Plug-in Hybrid system and E-Four electronic 4x4. The ACross is the first model supplied by Toyota Motor Corporation under the collaborative business ...
| |||||||
Stewart's offering 50 cent cones to kick off National Ice Cream Month As a bright spot to the summer, July kicks off National Ice Cream Month. Stewart's Shops are celebrating with 50 Cent cones on Wednesday July 1st. Then mark your calenders for National Ice Cream day with a $1.99 Make Your Own Sundae! According to ...
| |||||||
Gas tax increase takes effect in California July 1 LOS ANGELES - California residents can expect to pay more at the pump beginning Wednesday due to a new gas tax that took effect July 1. The state's gas tax rose by 3.2 cents on Wednesday, bringing it to 50.5 cents a gallon. Get breaking news alerts in the ...
| |||||||
New 2020 Suzuki Across SUV revealed with plug-in hybrid power The new Suzuki Across SUV shares its underpinnings with the Toyota RAV4 – and it'll be built in the UK. by: Luke Wilkinson. 1 Jul 2020. 7 · Suzuki has revealed a new flagship SUV called Across, which is the first Suzuki to gain a plug-in hybrid powertrain.
| |||||||
Airlines Warn Growing US Pandemic Threatens Travel Recovery (Bloomberg) -- High coronavirus infection rates in the U.S. are threatening to undermine a global recovery in travel, according to the airline industry's main trade group. International Air Transport Association economists said Wednesday their baseline estimate ...
| |||||||
Lloyd's of London: 'Much more' insurers can do to help Covid-struck SMEs The insurance industry must do more to help SMEs recover from the impact of the coronavirus pandemic and better prepare for catastrophic events in the future, according to a new report by Lloyd's. The report outlines three possible new open-source ...
| |||||||
Ford Mustang E-Mach booking opens, specs revealed NEW DELHI: Ford Motor Company on Wednesday made the new electric SUV Mustang Mach-E available to order. Although the final EPA ratings are expected later this year, the carmaker has claimed that the 2021 Mustang Mach-E (rear wheel drive trim) will ...
| |||||||
FakeSpy Android malware targets Royal Mail app users An updated and upgraded version of the FakeSpy Android malware family – which dates back to 2017 – is actively targeting users of various postal and delivery service apps around the world, including Royal Mail, according to Ofir Almkias of Cybereason's ...
| |||||||
Royal Caribbean announces cancelation of cruises through mid-September ORLANDO, Fla. - Royal Caribbean International announced on Thursday that they are suspending all sailings through September 15, 2020. They said that they hope to resume operations on September 16. MORE NEWS: Florida doctor: Infections will rise for ...
| |||||||
| See more results | Edit this alert | |||||||
| You have received this email because you have subscribed to Google Alerts. |
 Receive this alert as RSS feed |
| Send Feedback |
No comments:
Post a Comment