Google Alert - finance

	finance As-it-happens update ⋅ July 1, 2020
	NEWS
	Washington Post In unusual deal, US Treasury to acquire 30 percent of trucking company in exchange for $700 million loan Washington Post The Treasury Department announced Wednesday that it will loan $700 million to a trucking firm that ships military equipment, in exchange for having U.S. taxpayers acquire an almost 30 percent stake in the company. Support our journalism. Subscribe today. Flag as irrelevant
	Forbes The Oil And Gas Situation: Low Rig Count, Low Fracking Activity, Low M&A Forbes Consolidation? What consolidation? - The highlights of the quarterly mergers and acquisitions tracking report from Enverus are out today, and they show that the predicted consolidation within the U.S. shale business is still failing to materialize. This is not ... Flag as irrelevant
	Wall Street Journal SoftBank Seeks to End Partnership With Wirecard Wall Street Journal SoftBank Group Corp. is looking to distance itself from Wirecard AG, after the Japanese tech conglomerate helped arrange a $1 billion investment months before the German payments company went bust. One of the world's largest technology investors, ... Flag as irrelevant
	Washington Post Insurer Centene plans 3200 jobs at new NC regional hub Washington Post RALEIGH, N.C. — Government health insurance provider Centene Corp. said on Wednesday it will build an East Coast campus in Charlotte, North Carolina, developing a $1 billion construction project that's expected to create more than 3,200 new jobs by ... Flag as irrelevant
	Reuters German watchdog defends Wirecard oversight before lawmakers Reuters FRANKFURT/BERLIN (Reuters) - The head of Germany's financial market regulator BaFin, which is under intense scrutiny for its oversight of collapsed Wirecard (WDIG.DE), defended its record on Wednesday, saying it wasn't alone in deciding how to ... Flag as irrelevant
	CleanTechnica Tesla [TSLA] FUD: This Guy Again? CleanTechnica July 1st, 2020 by Frugal Moogal. Since Tesla stock has been on a rapid rise since November, there hasn't been nearly as much FUD running across my feeds, but without fail there are a few analysts that are certain it's about to all fall apart. In particular, it ... Flag as irrelevant
	GM Authority (blog) US GM Sales Decrease 34 Percent To 492489 Units In Second Quarter 2020 GM Authority (blog) GM sales decreased 34 percent to 492,489 units during the second quarter of 2020 in the United States market. Sales decreased at all four GM brands offered in the market – including Chevrolet, Cadillac, Buick, and GMC. "Our resilient sales reflect an ... Flag as irrelevant
	Hartford Courant The post-coronavirus cruise? Not ready to sail Hartford Courant W. Bradford Gary spent 10 days trapped inside a cruise ship cabin off the coast of Brazil in March while health authorities in several countries scrambled to figure out what to do with a vessel full of older people who had potentially been exposed to the ... Flag as irrelevant
	Washington Post Alaska Airlines will give people a 'yellow card' for not wearing masks on flights Washington Post To discourage passengers from disobeying a rule to wear masks during flights, Alaska Airlines will issue final warnings to offending customers: a yellow card. Starting in July, flight attendants on Alaska flights will hand out formal notices to passengers — akin ... Flag as irrelevant
	Minneapolis Star Tribune After a spring like no other, the question for General Mills is how to keep it going Minneapolis Star Tribune Few big businesses experience a moment when demand spikes for all its products all at once. But General Mills did this spring and its latest results Wednesday revealed both the size of the spike and the challenge of making it last. A burst of in-home eating ... Flag as irrelevant
	Bloomberg Hedge Fund Celebrity John Paulson Shuts Firm to Become a Family Office The New York Times (Reuters) - Hedge fund manager John Paulson, whose multi-billion payoff on a bet against the overheated housing market a decade ago turned him into an industry superstar, will stop managing money for outside clients and turn his firm into a family office. Flag as irrelevant
	Motley Fool Luckin Coffee Reveals Findings of Its Internal Fraud Investigation Motley Fool The former CEO and COO, as well as several employees of the rapidly growing Chinese coffee company, were implicated in its accounting scandal. Howard Smith. (TMFBuilt2Last). Jul 1, 2020 at 2:41PM. Scandal-plagued Luckin Coffee (OTC:LKNC.Y) has ... Flag as irrelevant
	TravelPulse Nearly Half of Surveyed Americans Planning Overnight Trips in 2020 TravelPulse Travel is resuming, but only 44 percent of Americans are planning overnight trips in 2020, according to a new survey conducted for the American Hotel & Lodging Association (AHLA). Interest is high in road trips, family events, and long weekends during the ... Flag as irrelevant
	Barron's FedEx Stock Is Soaring on Earnings. Here's What Wall Street Is Saying. Barron's Logistics giant FedEx reported much better-than-expected earnings Tuesday evening for its fiscal fourth quarter ended May. Shares were jumping Wednesday in response, and Wall Street certainly took notice. Some analysts believe the company has turned a ... Flag as irrelevant
	TechCrunch Insurtech unicorn Lemonade raises IPO range ahead of debut TechCrunch Ahead of its expected IPO pricing later today, SoftBank-backed insurtech startup Lemonade has raised its expected price range. After initially targeting $23 to $26 per share in its debut, Lemonade now intends to sell its equity for $26 to $28 per share. Flag as irrelevant
	Sprout Wired TREASURIES-Yields climb as manufacturing data, FOMC minutes loom Reuters By Karen Pierog CHICAGO, July 1 (Reuters) - U.S. Treasury yields were higher on Wednesday as investors looked ahead to manufacturing data and clues from the Federal Reserve on the potential for yield curve control. The benchmark 10-year yield, which ... Flag as irrelevant
	Fox Business Subway shifts 2-for-$10 deal to digital-only orders after franchisees push back Fox Business Subway is refocusing its $5 footlong deal to digital customers after franchisees, who are still trying to recover from coronavirus-related revenue losses, complained that it would hurt their bottom lines. Continue Reading Below. "We are refocusing this ... Flag as irrelevant
	Motley Fool Why Roku Shares Jumped Today Motley Fool Shares of Roku (NASDAQ:ROKU) have jumped today, up by 7% as of 12:20 p.m. EDT, after the company introduced a Peloton (NASDAQ:PTON) app on its streaming platform. Users can stream workouts even without owning a Peloton Bike or Tread. Flag as irrelevant
	PE Hub UPDATE 1-Dun & Bradstreet jumps 14% in US market debut Reuters (Adds expert comment, details on money raised, investors, underwriters). By Bharath ManjeshR. July 1 (Reuters) - Shares of U.S. business analytics firm Dun & Bradstreet Holdings Inc jumped about 14% in their market debut on Wednesday, riding on the ... Flag as irrelevant
	Variety ViacomCBS Replaces CFO With Tech Industry Veteran Variety ViacomCBS said it will replace its current chief financial officer with a veteran with experience managing businesses at Amazon and Pandora, the latest sign of how new dependence on streaming media and mobile devices is upending the operations of ... Flag as irrelevant
	Crain's Chicago Business The Mom Project rings up $25 million Crain's Chicago Business The Mom Project, a startup that helps high-caliber mothers who got off corporate fast track stay in the work force, raised another $25 million. The Chicago-based company tripled its growth last year, said CEO Allison Robinson. Headcount has doubled to about ... Flag as irrelevant
	Car and Driver 2021 Ford Bronco Shows Front End in First Official Photos Car and Driver You might be asking why we're getting so excited about seeing a small portion of the upcoming 2021 Ford Bronco when we've seen countless spy photos, leaked images, and conjured up renderings of the highly anticipated off-roader. But these are the first ... Flag as irrelevant
	The Guardian Richard Branson to pump £200m into Virgin Atlantic as part of rescue package The Guardian Richard Branson is to inject £200m into Virgin Atlantic to help it survive the devastating effect of coronavirus on air travel, as part of a rescue package of up to £900m, put together months after the airline sought a taxpayer-funded bailout. Branson will transfer ... Flag as irrelevant
	cleveland.com YouTube TV raises price by 30 percent, adds more channels cleveland.com CLEVELAND, Ohio -- YouTube TV has raised the price of its live TV service to $64.99, a 30 percent increase over its previous rate. The new price is now in effect for new sign-ups. Current subscribers will see the change reflected in their statements beginning ... Flag as irrelevant
	Taunton Daily Gazette 'No mask. No ride': Uber will require drivers and passengers to wear face masks indefinitely Taunton Daily Gazette Uber is extending its mask requirement indefinitely throughout the U.S. and Canada as coronavirus cases continue to rise across several states. The ride-hailing giant previously said that both drivers and riders are required to wear masks during trips through ... Flag as irrelevant
	Kansas City Business Journal Dish closes on purchase of Sprint's prepaid business Kansas City Business Journal Dish Network Corp. closed on its purchase of Sprint's former prepaid wireless business Wednesday in a $1.4 billion deal. The sale of the operation, which includes Boost Mobile, was a condition of Sprint Corp.'s merger with T-Mobile US Inc. Denver-based ... Flag as irrelevant
	WRAL.com China: US 'oppressing Chinese companies' in new Huawei move WRAL.com By JOE McDONALD, AP Business Writer. BEIJING — China on Wednesday demanded Washington stop "oppressing Chinese companies" after U.S. regulators declared telecom equipment suppliers Huawei and ZTE to be national security threats. Flag as irrelevant
	OilPrice.com Why Power Companies Can't Ditch Coal Just Yet OilPrice.com We've always had difficulty understanding why US electric companies have not simply closed down old, smaller and least efficient coal-fired power plants quickly. From a simple bargaining perspective we thought the US utility industry would have jumped at ... Flag as irrelevant
	Investorplace.com Constellation Brands buys DTC company Empathy Wines Food Dive Constellation Brands will acquire Empathy Wines, a direct-to-consumer wine producer co-founded by entrepreneur Gary Vaynerchuk, the alcohol company said in a statement. The purchase price was not disclosed. As part of the agreement, Constellation will ... Flag as irrelevant
	WTSP.com Walmart achieves goal of hiring more than 265000 veterans, more than 16000 in Florida WTSP.com TAMPA, Fla. — Seven years after setting a goal to hire thousands of veterans at its stores, Walmart announced it achieved that goal. Since 2013, Walmart said it has hired more than 265,000 veterans nationwide, including more than 16,700 in Florida alone. Flag as irrelevant
	KCTV Kansas City Whataburger coming to Kansas City KCTV Kansas City KANSAS CITY, MO (KCTV) -- Whataburger is coming to Kansas City. The San Antonio Business Journal reports the restaurant is expanding to the metro and Tennessee. The fast food restaurant chain is franchising for the first time in two decades. Flag as irrelevant
	WSPA 7News Apple to close 30 more stores across seven states WSPA 7News Apple will close 30 additional stores across seven states, including Alabama, California, Georgia, Idaho, Louisiana, Nevada and Oklahoma. The additional 30 closures means 77 of Apple's 271 stores will be closed by the end of business on Thursday. Flag as irrelevant
	FOX 7 Austin ABIA announces new measures to keep travelers safe during COVID-19 outbreak FOX 7 Austin AUSTIN, Texas - Austin-Bergstrom International Airport has announced new measures aimed at protecting travelers during the COVID-19 pandemic. The new changes include: New stanchion signage throughout the terminal to encourage physical distancing. Flag as irrelevant
	Carscoops Behold The Maserati MC20's 621 HP Twin-Turbo 3.0L V6 With F1 Tech Carscoops Maserati has just dropped another piece of the MC20 puzzle, and this time it's the engine that gets some attention. The heart of the Italian super sports car is a 3.0-liter V6 with twin turbochargers, developed using technological features derived from Formula 1. Flag as irrelevant
	Olean Times Herald FDA Continues to Fine-Tune Regulation of SARS-CoV-2 Serology Tests American Association for Clinical Chemistry (AACC) On May 21, the Food and Drug Administration (FDA) created a public list of SARS-CoV-2 serology tests that the agency has removed from its so-called notification list for SARS-CoV-2 tests. This means that these tests can no longer be marketed under the ... Flag as irrelevant
	KIWARadio.com Quarterly Grain Stocks Casts Shadow On Bullish Corn Outlook KIWARadio.com IARN — U.S. Department of Agriculture officials have released the Planted Acreage and Quarterly Grain Stocks reports. Grain market analysts seemed taken aback by the somewhat bullish corn outlook. U.S. Department of Agriculture (USDA) officials lowered ... Flag as irrelevant
	Hindustan Times PRECIOUS-Gold slips from near 8-year peak as stocks firm on upbeat data Reuters UK ... * U.S. ISM Manufacturing data hits over one-year high * SPDR gold ETF holdings at over 8-year peak * Interactive graphic tracking global spread of coronavirus: open tmsnrt.rs/3aIRuz7 in an external browser. (Recasts, adds comments, updates prices) By ... Flag as irrelevant
	MarketWatch Construction spending unexpectedly falls in May Reuters UK WASHINGTON, July 1 (Reuters) - U.S. construction spending unexpectedly fell in May, pulled down by a decline in outlays on private construction projects. The Commerce Department said on Wednesday that construction spending dropped 2.1%. Data for ... Flag as irrelevant
	Detroit Free Press 3 killed when car splits into 2 pieces after crash, Flint police say Detroit Free Press FLINT, Mich. — Three people died and a fourth person was injured after a car struck a median wall and bridge abutment Wednesday morning on Interstate 475 in Flint, police said. Nefertiti Adair Foster, 26, lost control of a Nissan sedan, hit the median wall ... Flag as irrelevant
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