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Wall Street advances on stimulus bets ahead of busy earnings week (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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Toys Are Selling, but Mattel and Hasbro Aren't Cashing In 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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Bitcoin Price Hits $11000 For First Time Since 2019: What Traders Are Saying 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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FDA expands list of potentially deadly hand sanitizers (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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Papa John's Shares Increase After Company Announces New 10000-Employee Hiring Spree 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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Is It Time to Buy Stocks Now? 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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UPDATE 1-California probing Amazon worker treatment during pandemic, court says (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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Is Microsoft Stock a Buy? 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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EQT restores coronavirus-curtailed Appalachian natgas production in July (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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Toast Michigan Beer Month with delicious local brews 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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Optimize Wealth Management Furthers its Nationwide Expansion with the Acquisition of Belmont Village Financial Group 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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Garmin begins recovery from ransomware attack 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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UPDATE 1-AstraZeneca signs $6 bln cancer drug deal with Daiichi (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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German automakers acknowledge Tesla EV lead, express envy, plot revenge 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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New Ford Bronco reportedly has an 18-month waitlist 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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White House, Republican proposal cuts extra unemployment benefits from $600 to $200 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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Why some Chick-fil-A locations are now offering free food for coins 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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Americans Now Say They Need Less Money to Feel Rich 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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Gilead CAR-t therapy receives FDA approval 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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Why Sogou, Sohu.com, and Taiwan Semiconductor Manufacturing Stocks All Popped Today 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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Opinion: Watch out: inflation could be lurking on the other side of the pandemic 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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Business groups urge Congress to pass board diversity bill 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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Gas prices dip nationwide, up slightly in Lexington 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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Watch Out, Tesla: BMW Is Racing Ahead With Its Electric Vehicle Plans 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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Ryanair Expects Air Travel to Be Depressed for 2-3 Years 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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Kotak Mahindra Bank Q1 net slips to Rs 1853 crore; turns cautious on lending amid Covid 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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5 Businesses Fined, Beverly Bar Shut Down for Violating COVID-19 Restrictions 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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Blood donation opportunities available 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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Earnings Look Like a 'Sell the News' Event for AMD Stock 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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Authentic Brands, Sycamore eye buy of Ann Taylor parent company 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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Over 600 people in 11 states sick after bagged salad recall, federal health officials say 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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'A missed opportunity': UK food industry hits back as government anti-obesity plan unveiled 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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Oil & Gas Firm Rosehill Resources Files Chapter 11 With $17.5MM DIP Commitment From US Bank 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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Black Knight and partners to buy Optimal Blue for $1.8 billion 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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Sterling, lifted by weaker dollar, pushes to near 5-month high 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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Timmins mine developer heeds Elon Musk's call 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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McDonald's Now Requires Customers to Wear Masks 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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UPDATE 2-Louis Vuitton owner flags June turnaround after sales slump (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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HSBC denies colluding with US to 'frame' Huawei as pressure from China mounts 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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New record set for hydrogen-powered data centre 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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Police nab armed person outside Walmart in Snowflake 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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Personal Safety Tracking Devices Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Rise in Dual ... 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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