Monday, July 27, 2020

Google Alert - finance

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finance
As-it-happens update July 27, 2020
NEWS
Reuters
(Reuters) - Wall Street's main indexes gained on Monday as investors looked past surging U.S. COVID-19 cases, betting instead on more stimulus to revive a battered domestic economy ahead of a week packed with quarterly earnings reports. FILE PHOTO: A ...
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Wall Street Journal
Toys from Barbie dolls to board games are flying off the shelves, literally and virtually, as parents look for ways to entertain their children during the coronavirus pandemic. But retailers haven't rushed to restock their inventory, causing financial pain at toy ...
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Forbes
The price of Bitcoin (BTC) reached $10,956 on BitMEX, officially surpassing $10,900 for the first time since 2019. It has broken out of a multi-year trendline, dating back to 2017. Traders and technical analysts are generally optimistic toward the breakout of ...
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CNN
(CNN) The US Food and Drug Administration has expanded its list of potentially deadly and sanitizer products, warning a Mexican-based company about selling products that contain methanol, a dangerous form of alcohol that can poison people through their ...
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Forbes
Pizza company Papa John's announced Monday that it recently hired 20,000 workers and will hire 10,000 more in the next few months as demand has increased, the announcement comes at a time when 30 million Americans are unemployed as the ...
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Motley Fool
The market has already rebounded more than 40% from its bottom earlier this year. Is it too late to invest? Daniel Sparks. (TMFDanielSparks). Jul 27, 2020 at 6:41AM. Author Bio. Daniel Sparks is a senior technology specialist at The Motley Fool. He has ...
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Pacifica Tribune
(Adds background). By Diane Bartz and Paresh Dave. WASHINGTON, July 27 (Reuters) - California Attorney General Xavier Becerra has opened an investigation into steps that Amazon.com Inc has taken to protect its workers from the new coronavirus, ...
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Motley Fool
The tech giant posted strong fiscal fourth-quarter results and it is poised to grow over the long term. But its stock remains close to its all-time highs. Herve Blandin. (TMFHerveBlandin). Jul 27, 2020 at 12:30PM. Author Bio. Equipped with its 15-year experience ...
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PRNewswire
(Reuters) - EQT Corp, the biggest U.S. natural gas producer, said on Monday all of the Appalachian production it curtailed in May has returned to sales in July with no degradation to well performance. The company temporarily curtailed about 1.4 billion cubic ...
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mlive.com
The Great Michigan Beer Toast happened virtually on July 23, when we spent an hour online celebrating all things Michigan beer, with a host of guests from all over the state. July is officially Michigan Beer Month, and with the current situation, we felt it was ...
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GlobeNewswire
TORONTO, July 27, 2020 (GLOBE NEWSWIRE) -- Optimize Wealth Management is pleased to announce its recent acquisition of Belmont Village Financial Group. With this latest addition, Optimize expands its presence into the heart of Ontario and provides a ...
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BBC News
The American GPS and fitness-tracker company Garmin is dealing with the aftermath of a ransomware attack, the BBC has confirmed. Owners of its products had been unable to use its services since Thursday. However, some of its online tools are now being ...
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TODAYonline
(Adds details on deal, background). July 27 (Reuters) - AstraZeneca could pay up to $6 billion to Japan's Daiichi Sankyo to develop and market a type of targeted cancer treatment in the second multi-billion dollar cancer drug collaboration between the two ...
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Green Car Reports
Mercedes-Benz, BMW, Audi, and Volkswagen have over decades collectively held on to a reputation that they were on the leading edge, as other automakers around the world seemingly scrambled to follow their tech, design, and engineering. Over the past ...
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CNET
Ford's two- and four-door Bronco SUVs have met with huge initial interest. Ford. After years of rumors and speculation, the 2021 Ford Bronco finally debuted on July 13. The burly 4x4 SUV's unveiling triggered an immediate and immense surge of traffic on ...
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Fox Business
Senate Republicans are discussing cutting the extra weekly unemployment benefits from $600 to $200 a week until states can adopt a more complicated system, White House economic adviser Larry Kudlow said Monday. Continue Reading Below.
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Today.com
Forget keeping the change. A nationwide coin shortage is forcing some businesses to come up with creative ways to get pennies, nickels, dimes and quarters back into circulation — and customers may even be able to benefit from the exchange. So far, two ...
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Bloomberg
Nothing like a pandemic to focus the mind on what really matters. Every year, brokerage giant Charles Schwab has 1,000 people between age 21 and 75 surveyed to find out what they think it takes to be considered wealthy. The magic number, across all the ...
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Scrip
Gilead Sciences Inc. GILD, +0.78% said late Friday that its CAR-T cell therapy had received approval from the Food and Drug Administration as a treatment for adult patients with relapsed or refractory mantle cell lymphoma. Shares of Gilead were up 0.6% in ...
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Motley Fool
Geopolitical squabbles between America and China notwithstanding, Monday is looking like a great day to own Chinese stocks. In early trading this morning, shares of web portal Sohu.com (NASDAQ:SOHU) and its Sogou (NYSE:SOGO) search engine are ...
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MarketWatch
Congress has authorized $3.3 trillion in new spending since March and with the COVID-19 crisis lasting much longer than initially anticipated, another package in the $2 trillion range could emerge. Conservatives fret that skyrocketing interest payments on the ...
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Pensions & Investments
A coalition of business associations Monday urged passage of legislation aimed at increasing corporate board diversity. In a letter sent to Senate Banking Committee Chairman Mike Crapo, R-Idaho, and ranking member Sherrod Brown, D-Ohio, ...
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WTVQ
LEXINGTON, Ky. (WTVQ/AAA) — As COVID-19 case numbers surpass 4 million, demand for gasoline is weakening across the nation. That's made for lower prices in many areas of the country, but not in the Bluegrass. The latest Energy Information ...
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Motley Fool
Accelerating its push into the electric vehicle (EV) market, BMW (OTC:BAMX.F) announced Monday that it will have 25 electric models -- half of them fully electric -- on the market by 2023. Of particular note in the announcement was the revelation that the ...
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U.S. News & World Report
LONDON (AP) — European budget airline Ryanair said Monday that the COVID-19 pandemic has wreaked havoc on its earnings, with lockdown restrictions leading to a 99% drop in passengers in the first quarter, and warned travel is likely to remain subdued ...
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Times of India
MUMBAI: Kotak Mahindra Bank on Monday reported a four per cent decline in consolidated net profit at Rs 1,853 crore for the June quarter, mainly due to reduced advances amid the coronavirus pandemic and marginal rise in non-performing assets.
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WTTW News
City officials fined five businesses and shut down a Beverly bar for violating rules designed to slow the spread of the coronavirus, officials said Monday. Thanks to our sponsors: View all sponsors. Officials first cited Cork & Kerry, 10614 S. Western Ave., ...
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6 On Your Side
As COVID-19 cases surge across the country, the American Red Cross now has an emergency shortage of convalescent plasma – a type of blood donation collected from individuals who have recovered from COVID-19 containing antibodies that might help ...
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Investorplace.com
2020 has been a miserable year for almost everybody. But it has been pretty good for Advanced Micro Devices (NASDAQ:AMD). AMD stock has rallied 51% so far in 2020. Image of the Advanced Micro Devices (AMD) logo outside of a corporate building.
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The Real Deal
Authentic Brands wants to make another big investment in the retail apocalypse. The company, along with frequent partners Simon Property Group and Brookfield, is eyeing the purchase of Ascena Group, according to Bloomberg. The parent company of Ann ...
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FOX 2 Detroit
STREAMWOOD, Ill. - The U.S. Food and Drug Administration (FDA) says that Fresh Express is recalling bagged salad products that contain iceberg lettuce, carrots, and red cabbage because they could be contaminated with cyclospora. They said that the ...
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FoodNavigator.com
The government's new obesity strategy for England will raise prices, reduce consumer choice, threaten jobs and stifle innovation. And all to save 17 calories a day, says the FDF. The UK government will ban TV and online adverts for food high in fat, sugar and ...
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EnerCom Inc.
Rosehill Resources Inc. and Rosehill Operating Company, LLC announced that they have commenced voluntary Chapter 11 cases under the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, pursuant to the terms ...
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Jacksonville Daily Record
Black Knight Inc. announced a $1.8 billion deal July 27 to acquire Optimal Blue, a company that provides data and other services for the mortgage industry. The Jacksonville-based mortgage technology company said it is partnering with Cannae Holdings Inc.
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Irish Examiner
LONDON — Lacking any significant drivers of its own, sterling was pushed up by a broadly weaker U.S. dollar on Monday, as uncertainty over Brexit and Britain's economic prospects kept most investors on the sidelines. Speculators and real money managers ...
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Northern Ontario Business
Elon Musk's plea for mining companies to "mine more nickel" had an apparent effect on Canada Nickel Company. The Toronto-based exploration company is pitching its future mine project, north of Timmins, as a zero-emissions operation. The Silicon Valley ...
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rutherfordsource.com
McDonald's recently shared new steps they are taking to reduce the spread of a COVID-19, including requiring customers to wear face coverings. The fast food chain shares, in a press release, they are taking three additional health precautions: Requiring ...
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The Hindu BusinessLine
(Adds CFO quote, details on China). PARIS/MILAN, July 27 (Reuters) - LVMH, the world's biggest luxury goods group, said it had noted "strong signs" of a recovery since June which it hoped would extend into the coming months, after store closures tore a ...
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WENY-TV
HSBC's struggle to balance its global role with protecting its huge business in China is getting even more difficult. The London-based bank was drawn this weekend into issuing a denial of renewed claims that it "framed" Huawei to help the US government.
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H2 View
Energy solutions company Power Innovations has successfully powered a full data centre sever load for 48 continuous hours with hydrogen fuel cells, doubling its previous record of 24 hours achieved last year. The Utah-based company set out with an aim to ...
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AZCentral.com
Authorities say a person who showed up armed to an eastern Arizona Walmart is in custody. The Snowflake-Taylor Police Department said on its Facebook page that an armed person went to a Walmart in the town of Snowflake before it opened on Monday ...
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Business Wire
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the personal safety tracking devices market and it is poised to grow by USD 186.23 million during 2020-2024, progressing at a CAGR of almost 13% during the forecast period. The report offers ...
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