Google Alert - finance

	finance As-it-happens update ⋅ July 30, 2020
	NEWS
	Reuters Oil down nearly 4% as virus surge weighs on demand outlook Reuters LONDON (Reuters) - Oil prices fell by around 4% on Thursday, as surging coronavirus infections around the world threatened to jeopardise a recovery in fuel demand just as major oil producers are set to raise output. FILE PHOTO: Pumpjacks are seen during ... Flag as irrelevant
	Wall Street Journal Slick Oil Trading Helps Royal Dutch Shell and Total Wall Street Journal Bankers love to talk about their trading operations, oil companies less so. Yet these little-discussed businesses rode to the rescue of Royal Dutch Shell and Total in the second quarter. Trading in oil, gas and other petroleum products helped the European ... Flag as irrelevant
	Forbes Amazon, Apple, Facebook, And Alphabet All Prepare To Report Earnings After Closing Bell Forbes Key Takeaways: Fireworks after the close today as four FAANGs report earnings; Market seems appreciative of Fed's promise to keep stimulus going; Trepidation develops as Congress appears far from stimulus deal. There's the old trader adage, "buy the ... Flag as irrelevant
	FiercePharma Tagrisso, other cancer drugs hand AstraZeneca one of pharma's rare pandemic sales gains FiercePharma AstraZeneca CEO Pascal Soriot said the British drugmaker has not seen the geopolitical tension between China and the U.S. impact its business in the two countries. (AstraZeneca). Share Facebook Twitter LinkedIn Email Print. Against the backdrop of ... Flag as irrelevant
	Forbes GDP Hits Record Low; Unemployment Claims Rise; Treasury Yields Move Lower Forbes U.S. GDP: The BEA released its initial report on GDP for the second quarter, revealing the largest quarterly drop since 1958. Down 32.9%, it was slightly less than the estimated 34.7% decline, but still severe. Consumption, which is a major component of GDP, ... Flag as irrelevant
	Washington Post Tyson Foods adopts weekly coronavirus testing for workers Washington Post Tyson Foods is launching weekly on-site coronavirus testing for employees at all 140 of its U.S. production facilities as it significantly ramps up measures to combat the spread of the coronavirus. The food conglomerate behind Tyson, Jimmy Dean and Hillshire ... Flag as irrelevant
	Forbes Buyer Demand Drives Home Prices Up 8.5% In July Forbes Home prices continue to accelerate across the country with the national average median home price hitting an all-time high in July — reaching nearly $350,000 — reflecting the strength of the housing demand amid the pandemic, according to realtor.com's ... Flag as irrelevant
	Nasdaq RPT-UPDATE 3-Coronavirus hits Anglo American's profit but recovery in sight Reuters (Repeats with no changes to the text). * Diamond sales, profits slump on COVID-19. * Anglo sees recovery in second half. * Anglo beats consensus on profits, dividend. By Zandi Shabalala. LONDON, July 30 (Reuters) - Diversified miner Anglo American on ... Flag as irrelevant
	Chicago Tribune US economy shrank 33% in April-June period, the worst quarterly plunge in history Chicago Tribune WASHINGTON — The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment ... Flag as irrelevant
	Reuters Credit Suisse wealth management revamp aims for 10% profit boost: memo Reuters ZURICH (Reuters) - Credit Suisse (CSGN.S) is hoping a revamp of its international wealth management, tightening its regional structure and centralising advisory and lending, will help the unit grow profits by 10% annually from next year, the bank said in an ... Flag as irrelevant
	Forbes Dunkin', McDonalds, And Starbucks To Close Hundreds Of US Restaurants Forbes Dunkin', McDonalds and Starbucks will close a combined 1,400 locations across the U.S., as the companies report major sales plunges amid the coronavirus crisis. Coronavirus. Dunkin will close 800 stores across the U.S. by the end of 2020. Flag as irrelevant
	CNN Sales of Dawn and Bounty paper towels are surging CNN New York (CNN Business) People are scrubbing down their homes and washing their dishes more often in the pandemic, and that's a win for Procter & Gamble. The company, which makes brands like Tide laundry detergent, Dawn dish soap and Charmin ... Flag as irrelevant
	Motley Fool Eros International Sees User Growth Soar as It Closes STX Merger Motley Fool Indian streaming video platform Eros International (NYSE:EROS) continues to see user growth soar as a result of the coronavirus pandemic, reporting paying subscribers in the fiscal fourth quarter surged 56% to 29.3 million. And like its global streaming peers ... Flag as irrelevant
	Healthline 13 'Healthy' Ice Cream Brands Healthline Ice cream is a tasty treat on hot summer days, but most regular ice creams are loaded with calories from fat and sugar — and some may be made with questionable ingredients and additives. All the same, healthier options exist. You can even buy organic, ... Flag as irrelevant
	CNN Consumers are eating more at home. That's great news for Kraft Heinz CNN New York (CNN Business) Americans are stuck at home, which means they're eating out less and eating at home more. This is welcome news for food giant Kraft Heinz. The macaroni and cheese and ketchup king reported sales and earnings that topped ... Flag as irrelevant
	Business Wire US Cellular Announces Additional 5G Markets Business Wire CHICAGO--(BUSINESS WIRE)--More U.S. Cellular customers will have access to the benefits of 5G technology as the company brings its 5G network to more states around the country throughout the second half of 2020. "We are excited to deliver 5G ... Flag as irrelevant
	Motley Fool Another Major Cruise Line Delays Its Return to Sailing Motley Fool Someone keeps pushing out the starting line for the cruise line industry, and it's getting old. Norwegian Cruise Line (NASDAQ:NCLH) became the latest to flinch in this seemingly endless game of sea chicken, announcing on Wednesday that it's canceling all ... Flag as irrelevant
	Motley Fool Grubhub Chews Up Analyst Forecasts With Big Second-Quarter Gains Motley Fool Grubhub (NYSE:GRUB) devoured analyst expectations by posting a 41% jump in pandemic-fueled second-quarter revenue that pushed key business metrics to large gains. Yet it was still a money-losing operation, notching adjusted net losses of $16 million, ... Flag as irrelevant
	NewsOrigins Roche eliminates 474 positions MarketWatch Genentech, a subsidiary of Roche Holding AG ROG, -2.00% , confirmed that it eliminated 474 positions in July in the U.S. Roche's stock was down in trading on Thursday. "These position eliminations are not related to the COVID-19 pandemic, the clinical ... Flag as irrelevant
	Reuters Kodak CEO's fortune swells $79 million as stocks rally on US government loan Reuters (Reuters) - Eastman Kodak Co (KODK.N) CEO Jim Continenza added $79 million to his net worth on Wednesday when his options in the imaging company turned from worthless to lucrative thanks to a U.S. government loan for a pharmaceutical ingredients ... Flag as irrelevant
	Albany Times Union These are all the major retailers that will be closed on Thanksgiving this year Albany Times Union Holiday shopping will look a lot different this year. Amid the coronavirus pandemic, multiple major retailers have announced they will be closed on Thanksgiving Day. Here's a list of what stores have announced they will be closed. Best Buy. Like Target, Best ... Flag as irrelevant
	CNET You can now buy the Impossible Burger at Walmart CNET Impossible Burgers are ready to buy at Walmart. Brian Cooley/CNET. The Impossible Burger is rolling out to 2,100 Walmart Supercenters and Neighborhood Market locations across the US starting Thursday, according to a press release from Impossible ... Flag as irrelevant
	syracuse.com Syracuse.com morning flash briefing: Upstate injecting people with experimental COVID-19 vaccine syracuse.com Every weekday, we deliver the news in under five minutes in podcast form. Listen to the podcast at this link or on your favorite app including iTunes, Spotify, Alexa and Google. Episodes are available every day on syracuse.com. Subscribe/Follow and rate the ... Flag as irrelevant
	Seattle Times California Pizza Kitchen is latest chain to file for bankruptcy Seattle Times California Pizza Kitchen filed for Chapter 11 bankruptcy in Houston on Wednesday, becoming the latest restaurant chain to try to cut debt as it grapples with the pandemic. The company, which operates more than 200 restaurants in the U.S. and abroad, has ... Flag as irrelevant
	Chicago Sun-Times City chooses 3 e-scooter companies for second pilot set to launch in August Chicago Sun-Times City officials on Thursday announced the three e-scooter companies that will participate in the second pilot program set to launch Aug. 12. The companies are Bird, Lime and Spin. Seven companies that participated in the first scooter pilot last year are not ... Flag as irrelevant
	wtkr.com Busch Gardens Williamsburg announces all-new 'Coasters and Craft Brews' event starting August 6 wtkr.com WILLIAMSBURG, Va. - Busch Gardens Williamsburg announced Thursday the launch of an all-new special event - Coasters and Craft Brews! While the general park remains closed, this new specially ticketed outdoor event will highlight an array of ... Flag as irrelevant
	Boston Business Journal Keurig Dr Pepper partners with Polar Beverages on nationwide distribution of seltzer Boston Business Journal This article first appeared on MassLive.com. Outside of the Northeast, it can be difficult to find a Polar Seltzer in stores. Soon, that will change. The Worcester-based beverage company announced a long-term franchise agreement with Keurig Dr Pepper Inc. Flag as irrelevant
	Successful Farming US sells record amount of corn to China as tensions rise Successful Farming By Mark Weinraub. CHICAGO, July 30 (Reuters) - Chinese buyers booked their single biggest purchase of U.S. corn ever, extending their flurry of large purchases of American agricultural goods even as tensions between Washington and Beijing rise. Flag as irrelevant
	San Francisco Business Times The week in bankruptcies: Professional Investors Security Fund Inc. San Francisco Business Times San Francisco area bankruptcy courts recorded one business filing - including zero with total debt above $1 million - during the week that ended July 24, 2020. Year to date through July 24, 2020, the court recorded 56 Chapter 7 or Chapter 11 business ... Flag as irrelevant
	mlive.com Tim Hortons, Kellogg's partner to create Froot Loops doughnut mlive.com Want something delicious? Then listen to Toucan Sam and follow your nose. Tim Hortons announced its newest Dream Donut and Timbits Donut flavor on Friday and its inspired by a breakfast cereal favorite. Introducing the Froot Loops Dream Donut. Flag as irrelevant
	NJBIZ Cognizant announces CFO transition NJBIZ Cognizant Technology Solutions of Teaneck said Thursday that effective Sept. 1. 2020, Jan Siegmund will assume the role of chief financial officer, replacing Karen McLoughlin who has held that position for the past eight years. McLoughlin will continue to ... Flag as irrelevant
	Chattanooga Times Free Press Chattanooga's CBL continues talks over debt into next week Chattanooga Times Free Press Chattanooga-based shopping center owner CBL & Associates Properties Inc. says that it will continue discussions into next week with lenders regarding its debt. The company, which operates 108 properties nationally including Hamilton Place and Northgate ... Flag as irrelevant
	Spectrum News NY1 Brooklyn Con Ed Customers Asked to Conserve Power for Equipment Repairs Spectrum News NY1 BROOKLYN, N.Y. - Con Edison is asking customers in some parts of Brooklyn to conserve energy while company crews repair equipment. About 96,000 customers are affected across Carroll Gardens, Park Slope, Sunset Park, Bay Ridge, Dyker Heights, and ... Flag as irrelevant
	reNEWS Siemens Gamesa swings to €466m Q3 loss reNEWS Siemens Gamesa has reported a net loss of €466m for the last three months, compared to a gain of €21m in the same period last year. The German-Spanish manufacturer said Covid-19 was responsible for €93m of the red ink during its fiscal third quarter ... Flag as irrelevant
	Globes Construction industry AI co Buildots raises $12.5m Globes Buildots puts cameras on the hardhats of managers to capture imaging of every detail of an ongoing project during regular site walks. Israeli startup Buildots today announced that it has raised $12.5 million in a Series A financing round, in order to help ... Flag as irrelevant
	InvestorsObserver Northrop Grumman: 2Q Earnings Snapshot San Francisco Chronicle FALLS CHURCH, Va. (AP) _ Northrop Grumman Corp. (NOC) on Thursday reported second-quarter earnings of $1 billion. The Falls Church, Virginia-based company said it had profit of $6.01 per share. The results beat Wall Street expectations. The average ... Flag as irrelevant
	Thrillist Everywhere You Can Get Cheap Cheesecake Today for National Cheesecake Day Thrillist It's not the sexiest dessert out there, but you know you'll house a slice or two of cheesecake given the chance. It never gets the love of ice cream or chocolate lava cake or even a warm cookie. Nonetheless, cheesecake is cooler than Coolio in the '90s. Flag as irrelevant
	Business Wire Old Dominion: 2Q Earnings Snapshot Houston Chronicle THOMASVILLE, N.C. (AP) _ Old Dominion Freight Line Inc. (ODFL) on Thursday reported second-quarter profit of $147.8 million. The Thomasville, North Carolina-based company said it had net income of $1.25 per share. The results surpassed Wall Street ... Flag as irrelevant
	Subscription Insider Spotify Sees Strong Premium Subscriber and Revenue Growth in Q2 Subscription Insider Impacted by the COVID-19 pandemic, Spotify sees premium subscriber and subscription revenue growth, but the streaming audio platform lost valuable advertising dollars during the second quarter of 2020. As of June 30, Spotify's total monthly active users ... Flag as irrelevant
	Crunchbase News Berlin-based Candis Closes $14M Series B To Expand Automated Accounting Platform For SMBs Crunchbase News (Editor's Note: This is an article written for Tech.eu by Annie Musgrove and shared with Crunchbase News as part of a news-sharing partnership.) Candis, a Berlin-based automated accounting platform, has raised a 12 million euro Series B round led by Viola ... Flag as irrelevant
	The Malaysian Reserve Boeing reports RM10b loss, hints at more job cuts The Malaysian Reserve NEW YORK • The Boeing Co suffered a bigger than expected loss in the latest quarter, the company announced yesterday, and signalled additional job cuts are likely as it contends with a protracted air travel downturn amid the coronavirus pandemic. Flag as irrelevant
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