Tuesday, July 28, 2020

Google Alert - finance

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finance
As-it-happens update July 28, 2020
NEWS
Wall Street Journal
U.S. government-bond yields fell Tuesday after tepid economic data and new signs of policy makers' struggles with the economic damage from the pandemic. The yield on the benchmark 10-year Treasury note fell to 0.589%, according to Tradeweb, from ...
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CNBC
Rite Aid quietly added facial recognition systems to 200 stores across the United States over about eight years, in one of the largest rollouts of such technology among retailers in the country, a Reuters investigation found. In the hearts of New York and metro ...
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Forbes
Today's column addresses questions about the ability to claim survivor's benefits on multiple exe's records, claiming spousal benefits while receiving a pension based on income not taxed by SSA and at what age Social Security's earnings test no longer ...
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The Verge
For decades, the tech industry has skirted scrutiny over mergers, acquisitions, and potential anti-competitive behavior as antitrust crusaders argued their case from the sidelines. But this week, the industry's biggest companies will be forced to confront that ...
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Reuters
The Federal Reserve on Tuesday said its board of governors had decided to extend seven of its emergency loan programs until the end of the year. The programs had been set to expire on Sept. 30. "The three-month extension will facilitate planning by ...
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CNBC
Pfizer's better-than-expected earnings came despite a 32% drop in profit as demand fell for some of its drugs during the coronavirus pandemic. On an unadjusted basis, net income fell to $3.43 billion in the quarter, down from $5.05 billion a year ago.
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CNBC
McDonald's reported more delivery orders across its markets during the second quarter. As lockdowns ease, some trends, like higher checks, are normalizing, but the company thinks that digital orders and delivery are here to stay. The company said that its ...
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Supermarket News
Online grocer FreshDirect has partnered with on-demand fulfillment provider Fabric to expand its delivery service in metropolitan Washington, D.C.. Plans call for Bronx, N.Y.-based FreshDirect to launch Fabric-powered automated micro-fulfillment centers ...
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FiercePharma
Pfizer and partner BioNTech aims to seek emergency use authorization of their mRNA COVID-19 vaccine as early as October, Pfizer CEO Albert Bourla said. (Tracy Staton). Share Facebook Twitter LinkedIn Email Print. Add another name to the list of pharmas ...
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U.S. News & World Report
U.S. consumer confidence fell in July to a reading of 92.6 as coronavirus cases surged around the country, shuttering some bars and other businesses and raising concerns about the future of the economy. The Conference Board reported Tuesday that the ...
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Wall Street Journal
Home-price growth slowed slightly in May, as home sales fell for a third straight month due to a widespread shutdown of economic activity in many parts of the country. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average ...
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USA TODAY
CES, the largest trade show in North America is the latest victim of COVID. The Consumer Technology Association says it is moving much of CES online, and vows to return to the Las Vegas Convention Center for a physical show in January, 2022. "We've ...
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CNBC
VALIC Financial Advisors (VFA), a financial services vendor in all but two school districts in Florida, failed to disclose that its parent company paid a for-profit entity owned by Florida K-12 teachers' unions, and failed to disclose it received millions in financial ...
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CNN
Washington DC (CNN) Kodak stock soared Tuesday morning after it won a a $765 million US government loan to help produce pharmaceutical ingredients — part of an effort to reduce dependence on foreign drug makers. Shares of Kodak (KODK), the ...
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Business Insider
Bitcoin crossed the $11,000 level and trades near its highest level in nearly a year on Tuesday amid US dollar weakness and a broad shift to alternative assets. The token leaped as high as $11,198.32 before paring gains and trading below $11,000 later in ...
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Motley Fool
Shares of iconic motorcycle company Harley-Davidson (NYSE:HOG) are falling today, after the company reported a sharp drop in revenue for the second quarter of 2020. Furthermore, it's still early in its five-year transformation plan, and the Q2 results might ...
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Barron's
JetBlue Airways reported second-quarter results that missed consensus estimates and issued an outlook for the third quarter that fell short of forecasts—another sign that the recovery in air travel may stay turbulent ...
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TechCrunch
ClimaCell, the weather forecasting and intelligence service that is using a number of interesting new techniques to gather weather data, today announced that it has raised a $23 million Series C round co-led by new investor Pitango Growth and existing ...
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Irish Examiner
DUBLIN, July 28 (Reuters) - Demand has been weaker than Irish airline Aer Lingus expected five or six weeks ago amid continued coronavirus restrictions and opposition to international travel in Ireland, Chief Executive Sean Doyle said on Monday.
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Minneapolis Star Tribune
3M reported double-digit declines in second quarter sales and profits, falling short of Wall Street forecasts, as coronavirus-induced economic distress continued to dog the giant manufacturer. Still, Maplewood-based 3M on Tuesday posted a nice hike in sales ...
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Ferrum College : Iron Blade Online
... * Sales at company-managed stores at 72% of 2019 level. * Expects to break even when sales back at around 80%. * H1 pretax loss 65 mln stg vs 37 mln profit a year ago (Adds further CEO comments, updates shares). By Paul Sandle. LONDON, July 28 ...
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Winston-Salem Journal
Raytheon Technologies Corp.'s decision to take a major goodwill impairment for its Collins Aerospace unit contributed to a $3.83 billion second-quarter loss. Raytheon has about 1,500 Collins Aerospace employees in Winston-Salem, many of whom were ...
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News18
(Adds comment, detail, background). By Laurence Frost and Tim Hepher. PARIS, July 28 (Reuters) - Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 - a year longer than previously expected - for passenger ...
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Nasdaq
TINTON FALLS, N.J., July 28, 2020 /PRNewswire/ --. First quarter highlights include: First quarter. GAAP Results: Revenues. $173.0 million. Income from Operations (EBIT). $6.7 million. EBIT Margin. 3.9%. Diluted Earnings Per Share. $0.05. Non-GAAP ...
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U.S. News & World Report
LONDON (Reuters) - The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC. The pandemic drove down daily crude consumption by as much as a third earlier this year, at a time when the ...
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wreg.com
If you're flying out of Harrisburg International Airport in Lower Swatara Township anytime soon, you'll need to wear a face mask through your entire journey and not just on the flight. That's because all five airlines that fly out of HIA – Allegiant, Frontier Airlines, ...
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FierceHealthcare
Centene Corporation executives believe the insurer is well-positioned to navigate the COVID-19 pandemic, though they're planning for it's effects to seep well into 2021. CEO Michael Neirdoff said on a call with investors Tuesday that caseloads for the novel ...
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WANE
(KTLA) — Three food suppliers in California were ordered to close due to "significant" coronavirus outbreaks among their employees, officials said Monday. S & S Foods in Azusa had a total of 58 employees test positive for the virus, Mission Foods Corp. in ...
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cleveland.com
Signage outside the Sherwin-Williams Breen Technology R&D Center, in foreground in downtown Cleveland, OH, Thursday, September 12, 2019. The company announced on Feb. 6, 2020, it will moved the R&D facility to Brecksville. (Marvin Fong / The Plain ...
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Houston Chronicle
Texas A&M University has been selected to lead the effort producing mass quantities of one coronavirus vaccine candidate selected as part of the Trump administration's plan to make such shots available to the U.S. population in record time. A university ...
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Claims Journal
U.S. buyers of polluting Volkswagen AG vehicles received more than $9.8 billion in settlements, the Federal Trade Commission (FTC) said on Monday . Volkswagen agreed to offer to buy back or repair more than 550,000 polluting diesel U.S. vehicles after it ...
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Business Today
Fitch Ratings - New York - 28 Jul 2020: Fitch Ratings has affirmed the following Ulster County, NY ratings: --Issuer Default Rating (IDR) at 'AA';. --$34.8 million GO bonds at 'AA';. The Rating Outlook is revised to Negative from Stable.
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WBIR.com
KNOXVILLE, Tenn. — Starting next week, the MEDIC Regional Blood Center in Knoxville will begin screening donors for COVID-19 antibodies in an effort to identify and recruit potential COVID Convalescent Plasma donors. Eligible donors will be tested and ...
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Economic Times
US stocks fell on Tuesday as lawmakers geared up for grueling talks over a coronavirus aid plan, with the blue-chip Dow index weighed down by 3M and McDonald's shares after the companies reported quarterly profits that missed estimates. Industrial ...
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advisorperspectives.com
Russell Investments has a long history of highlighting the role of environment, social and governance factors in adding value to an investment practice.1 In this post, we share three proof points of the value-add associated with ESG awareness and integration, ...
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Yahoo Sports
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. Wearing a face covering in shops and supermarkets, as well as ...
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Eater Chicago
After five years of turmoil, Bottled Blonde is officially closed. Its windows are taped up with black garbage bags and all social media accounts are deleted. A worker outside the embattled River North bar said Tuesday morning that ownership decided to close ...
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Bloomberg
Huawei Technologies Co.'s chief financial officer is seeking a court order that would force the Canadian government to release documents that it is withholding on national security grounds. Defense lawyers for Meng Wanzhou argued during a federal court ...
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Reuters Canada
TORONTO (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Tuesday as oil and gold prices fell, with the loonie pulling back from its highest level in nearly seven weeks reached earlier in the session. The price of oil, one of Canada's ...
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Dexerto
BASKING RIDGE, N.J. Verizon is now the official 5G and 4G LTE network sponsor of FaZe Clan, one of the most popular gaming organizations in the world. The sponsorship agreement includes team exclusivity across FaZe Clan talent including pro players ...
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