Google Alert - finance

	finance As-it-happens update ⋅ July 28, 2020
	NEWS
	AdAge.com Omnicom Group posts second quarter organic sales declines; US saw 20 percent drop AdAge.com Omnicom Group on Tuesday reported a 24.7 percent decrease to $2.8 billion in worldwide revenue for the second quarter, compared to $3.7 billion in the same period of last year. The holding company said that second quarter organic revenue declined 20.7 ... Flag as irrelevant
	Forbes 4 Reasons To Take Another Look At Sustainable Investing In 2020 Forbes If you thought sustainable investing was just a do-gooder approach, it's time to take another look. With all that's changed in 2020 so far, you may not have realized that sustainable investing is emerging as a way forward. Sustainable funds are seeing a surge ... Flag as irrelevant
	TechCrunch What to expect from tech's historic antitrust showdown with Congress TechCrunch Chief executives from four of the world's most powerful companies will defend the vast empires they've built in testimony before Congress on Wednesday. In a hearing held by the House's Antitrust Subcommittee, Jeff Bezos, Tim Cook, Sundar Pichai and Mark ... Flag as irrelevant
	News18 Airbnb shared antitrust concerns with lawmakers after App Store standoff The Verge As antitrust pressure mounts against Apple's App Store policies, The New York Times is reporting on how vacation rental company Airbnb and fitness class service ClassPass have run afoul of the policies in recent weeks. According to the report, both ... Flag as irrelevant
	Space.com Virgin Galactic unveils sleek interior of SpaceShipTwo spaceliner (photos, video) Space.com We now know what Virgin Galactic's suborbital spaceliner looks like, inside and out. The company, part of billionaire Richard Branson's Virgin Group, today (July 28) revealed the cabin interior of the six-passenger SpaceShipTwo, which is designed to carry ... Flag as irrelevant
	NBC News Gold futures touch fresh record high before profit taking MarketWatch Gold futures rose to a fresh record high overnight Tuesday before profit taking set in as the U.S. dollar stabilized after a sharp decline this month, while investors wait for the outcome of the Federal Reserve's policy meeting on Wednesday. Overall weakness in ... Flag as irrelevant
	Reuters Pfizer says it will charge other developed countries on par with US for vaccine deals Reuters (Reuters) - Pfizer Inc (PFE.N) on Tuesday said other developed countries would not get a lower price for its coronavirus vaccine than what it will charge the United States under a contract announced last week. FILE PHOTO: A man walks past a sign outside ... Flag as irrelevant
	Wall Street Journal Fed Extends Emergency Lending Programs by Three Months Wall Street Journal The Federal Reserve said Tuesday it extended by three months the operation of all of its emergency lending programs that had been set to run through September to support economic activity during the coronavirus pandemic. In a statement, the Fed said that ... Flag as irrelevant
	USA TODAY McDonald's to close 200 US restaurants. Here's where some of the closures are expected USA TODAY McDonald's is permanently closing 200 of its 14,000 U.S. locations this year with "low-volume restaurants" in Walmart stores making up over half of the closures. During its quarterly earnings call Tuesday, the fast food giant said the closings were previously ... Flag as irrelevant
	Patch.com Five Pittsburgh Hospitals Among Pennsylvania's Best: US News Patch.com One Pennsylvania hospital made the Honor Roll of the top 20 in the nation. Additionally, 26 hospitals made the state's best list. By Eric Heyl, Patch Staff Patch Staff Badge. Jul 28, 2020 1:17 pm ET ... Flag as irrelevant
	The Verge Rite Aid used facial recognition in secret across hundreds of its stores The Verge Drugstore chain Rite Aid secretly deployed facial recognition software across a network of security cameras in hundreds of locations in the US, according to a new investigation from Reuters published on Tuesday. The company had been doing so for more ... Flag as irrelevant
	USA TODAY Two JetBlue employees died from coronavirus complications on same day: 'A painful reminder of this pandemic's reach' USA TODAY Two JetBlue employees in Florida died from coronavirus complications on July 16, the airline's CEO announced Tuesday. "Losing two beloved members of our JetBlue family on the same day is a painful reminder of this pandemic's reach and severity,'' Robin ... Flag as irrelevant
	Reuters Germany's IDT warns against equipment price hike in scramble for COVID-19 vaccine Reuters BERLIN/FRANKFURT (Reuters) - A scramble to produce COVID-19 vaccines is pushing up prices for some bottling equipment and other raw materials, adding to industry concerns about limited output, a German vaccine maker told Reuters. A June 24, 2020 ... Flag as irrelevant
	Pensions & Investments VALIC Financial Advisors agrees to $40 million SEC settlement Pensions & Investments VALIC Financial Advisors, a unit of American International Group, agreed to pay $40 million to settle charges filed by the SEC alleging it failed to disclose conflicts of interests and investment practices that generated millions of dollars in fees and other financial ... Flag as irrelevant
	BBC News Technology conference CES going digital for 2021 BBC News CES, one of the tech world's biggest gatherings, will be online-only in 2021 the organisers have confirmed. The event, normally held in Las Vegas in January, draws many of the biggest technology firms and is seen by many as a curtain-raiser to a year in tech. Flag as irrelevant
	Forbes Mercedes-Benz Will Reportedly Cut US Lineup By Seven Or More Models Forbes Mercedes-Benz will reportedly cut at least seven models from its U.S. lineup, according to a recent report in Automotive News Europe. Mercedes-Benz USA CEO Nicholas Speeks addressed dealers during in late June about the changes. Speeks offered no ... Flag as irrelevant
	Minneapolis Star Tribune Kodak expansion fueled by $765M federal loan could mean 60 jobs in St. Paul Minneapolis Star Tribune Eastman Kodak will receive a federal loan of $765 million to help reduce the country's reliance on other countries for ingredients used in generic drugs. The plan is to create a Kodak Pharmaceuticals division, adding 300 jobs in Rochester, N.Y., and 30 to 60 ... Flag as irrelevant
	TravelPulse Could US Airlines Follow China With 'All You Can Fly' Model? TravelPulse U.S. airlines continue to report dismal earnings for the second quarter, and there doesn't appear to be an answer anytime soon for the lowered demand for air travel due to the coronavirus pandemic. But would a short-term jolt help the recovery process? Flag as irrelevant
	syracuse.com Remington Arms, a major Upstate NY employer, files for bankruptcy protection again syracuse.com Syracuse, N.Y. -- Remington Arms, a major employer in the Upstate New York village where it was founded in 1816, has filed for bankruptcy protection for the second time in two years. The gunmaker filed for reorganization under Chapter 11 of U.S. ... Flag as irrelevant
	Reuters Global airlines less hopeful on COVID-19 recovery Reuters PARIS (Reuters) - Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 - a year longer than previously expected - for passenger traffic to return to pre-crisis levels. FILE PHOTO: The International Air Transport ... Flag as irrelevant
	MarketWatch Walgreens expands curbside pickup to all 8600 stores nationwide MarketWatch Walgreens Boots Alliance Inc. WBA, +1.15% has expanded its contactless curbside delivery service to all of its 8,600 stores nationwide, the pharmacy retailer announced Tuesday. Purchases are available within an hour and the service is available between 9 ... Flag as irrelevant
	Business Wire LabCorp Announces 2020 Second Quarter Results Business Wire Q2 revenue of $2.8 billion, down (4%) from $2.9 billion last year; Q2 diluted EPS of $2.37, up 23% from $1.93 last year; Q2 adjusted EPS of $2.57, down (12%) from $2.93 last year; Q2 free cash flow of $272 million, up from $168 million last year; Processed ... Flag as irrelevant
	Chron.com Texas A&M biotech facility tapped to manufacture potential COVID-19 vaccine Chron.com A Texas biotech facility in College Station could soon take the lead in producing a COVID-19 vaccine next year, if Novavax Inc. proves successful in clinical trials. The federal government will ultimately spend $265 million to prepare a manufacturing center at ... Flag as irrelevant
	Boston Business Journal Raytheon CEO says air travel won't recover until at least 2023 Boston Business Journal Defense contractor Raytheon Co. and Connecticut-based industrial giant United Technologies Corp. completed their merger in the spring of 2020. By Lucia Maffei – Technology Reporter, Boston Business Journal. Jul 28, 2020, 12:40pm EDT. Raytheon ... Flag as irrelevant
	TechCrunch Lucid Motors' all-electric Air will have 32 sensors, including lidar to support hands-free highway driving TechCrunch Lucid Motors is loading up its first electric vehicle with hardware — dozens of sensors, a driver monitoring system and an Ethernet-based architecture — for an advanced driver assistance system that aims to match and even surpass its rivals. There will be 32 ... Flag as irrelevant
	MobiHealthNews Another $59M for Nanox's 'digital X-ray' device and imaging software platform MobiHealthNews Israeli "digital X-ray" startup Nanox has secured another $59 million from unnamed "global investors." The company now pegs its round total at $110 million, after combining today's news with investments announced since November of 2019. Contributors to ... Flag as irrelevant
	TheStreet 3M's stock falls after adjusted profit, sales fall more than expected MarketWatch Shares of 3M Co. MMM, -4.25% dropped 2.2% in premarket trading Tuesday, after the diversified maker of health care, consumer and industrial products reported second-quarter profit and sales that missed expectations, as results were "significantly ... Flag as irrelevant
	Food Business News Post partners with Dunkin' on new cereal offerings Food Business News LAKEVILLE, MINN. — Post Consumer Brands, a division of Post Holdings, Inc., has partnered with Dunkin' Brands Group, Inc., Canton, Mass., to introduce a pair of ready-to-eat cereals inspired by Dunkin' coffee beverages. Set to debut in August, Post ... Flag as irrelevant
	Financial Times British Airways cabin crew union warns of strike over job cuts Financial Times British Airways' cabin crew union have warned that it plans to move towards industrial action as it steps up its fight against the airline's decision to cut pay and axe up to 12,000 jobs. In a letter to Alex Cruz, BA's chief executive, Unite ... Flag as irrelevant
	Barron's The Dow Dips as Earnings Come In. 3M and McDonald's Are Dropping. Barron's U.S. markets ticked lower as Wall Street begins to digest a wave of earnings releases from companies like 3M, eBay, and Starbucks. Also weighing on investors' minds is the $1 trillion stimulus package Senate Republicans proposed Monday evening, which ... Flag as irrelevant
	Bloomberg Gucci Owner Sees Online Leading Recovery After Sales Plunge Bloomberg Kering said it's seeing signs of a recovery led by online sales after pandemic-induced lockdowns hit the previously runaway demand for the Gucci owner's fashions. Luxury brands are trying to make up for lost time after Covid-19 exposed their reliance on ... Flag as irrelevant
	Fox News Ram 1500 Classic pickup returning for 2021, here's how much it costs Fox News It's not ready for retirement yet. The two-door Tradesman is the lowest-price Ram 1500. (Ram). The previous-generation Ram 1500 pickup will live on in showrooms for another year, even though Ram introduced an all-new full-size truck in 2019. Now called ... Flag as irrelevant
	Investorplace.com Is Wells Fargo Stock Undervalued? Trefis Wells Fargo stock (NYSE: WFC) lost more than 53% – dropping from $54 at the end of 2019 to around $25 in late March – which is also the current level. This can be attributed to two factors: The Covid-19 outbreak and economic slowdown meant that market ... Flag as irrelevant
	Business Today Fitch Affirms Radisson at 'B'; Outlook Negative Fitch Ratings Fitch Ratings - Paris - 28 Jul 2020: Fitch Ratings has affirmed Radisson Hospitality AB's (Radisson) Long-Term Issuer Default Rating (IDR) at 'B' and removed it from Rating Watch Negative (RWN) where it was placed in April 2020. The Outlook on the IDR is ... Flag as irrelevant
	FierceHealthcare Ro banks $200M funding round to expand into remote patient monitoring FierceHealthcare Telehealth company Ro plans to add remote monitoring services funded by its latest financing round. Pictured here are founders (from left) Rob Schutz, Zachariah Reitano and Saman Rahmanian. (Ro). Share Facebook Twitter LinkedIn Email Print. Telehealth ... Flag as irrelevant
	Reuters France's Orange and Google partner on data, cloud computing Reuters PARIS (Reuters) - Orange, France's biggest telecoms company, and Google on Tuesday announced a strategic partnership covering data, artificial intelligence (AI) and cloud computing services. Google will provide its expertise in cloud technologies, ... Flag as irrelevant
	Boston News, Weather, Sports | WHDH 7News Dick's Sporting Goods will close stores on Thanksgiving Day Boston News, Weather, Sports | WHDH 7News (CNN) — Target and Dick's Sporting Goods will close stores this Thanksgiving as the coronavirus pandemic forces major retailers to alter their upcoming holiday shopping plans. The companies' announcement to close on Thanksgiving came after Walmart ... Flag as irrelevant
	Coindesk First Mover: The Dollar Drop May Have Helped Push Bitcoin Past $11K Coindesk As the U.S. dollar's value slides, prices are suddenly rising for just about everything priced in dollars. That includes bitcoin, which shot up some 13% on Monday for its biggest gain in almost three months. Prices soared past levels reached in February, prior to ... Flag as irrelevant
	iPolitics.ca Health Canada makes Gilead's remidisivir drug first approved COVID-19 treatment iPolitics.ca Health Canada has approved Gilead Sciences' remdesivir drug as the first to treat COVID-19 patients in the country. The drug, which goes by Gilead's brand name Veklury, will be used to treat patients with severe symptoms of COVID-19, who have ... Flag as irrelevant
	The Straits Times Hong Kong stocks edge higher on recovery hopes Reuters UK ... * Hang Seng +0.7%, H-shares 0.8%, TECH index +3.5%. * Up with Asia shares on earnings, growth rebound expectations. * Hong Kong bans dine-in services amid fresh virus cases. HONG KONG, July 28 (Reuters) - The Hong Kong stock market edged up ... Flag as irrelevant
	Telecoms.com Bidding war for Brazil's Oi begins to emerge Telecoms.com Telecom Italia, American Movil and Telefonica have renewed a joint effort to purchase Oi's mobile business unit after being outbid by US private equity firm Colony Capital. Earlier this week, Colony Capital tabled a bid through its Brazilian subsidiary, Highline ... Flag as irrelevant
	Business Wire COVID-19 Impact & Recovery Analysis- Global Edge Computing Market 2020-2024 | Increasing Demand For ... Business Wire Technavio has announced its latest market research report titled Global Edge Computing Market 2020-2024 (Graphic: Business Wire). Technavio has announced its latest market research report titled Global Edge Computing Market 2020-2024 (Graphic: ... Flag as irrelevant
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