Google Alert - finance

	finance As-it-happens update ⋅ July 30, 2020
	NEWS
	Wall Street Journal US Economy Contracted at Record Rate Last Quarter; Jobless Claims Rise to 1.43 Million Wall Street Journal The economy contracted at a record rate last quarter and July setbacks for the jobs market added to signs of a slowing recovery as the country faces a summer surge in coronavirus infections. The Commerce Department said U.S. gross domestic product—the ... Flag as irrelevant
	International Business Times UPDATE 1-EXCLUSIVE-Exxon prepares spending, job cuts in last ditch move to save dividend Reuters (Updates to include global employees also subject to performance-related cuts). By Jennifer Hiller, Ron Bousso and Dmitry Zhdannikov. HOUSTON, July 30 (Reuters) - Exxon Mobil Corp is preparing deep spending and job cuts, according to people familiar ... Flag as irrelevant
	Reuters Euro's advance slows as risk sentiment falters Reuters London (Reuters) - The euro retreated on Thursday after a two-month rally against the dollar, as Germany reported disappointing economic output for the second quarter and the Federal Reserve maintained its support for the U.S. economy. FILE PHOTO: The ... Flag as irrelevant
	Washington Post How a secretive Pentagon agency seeded the ground for a rapid coronavirus cure Washington Post The scientists were working through the night over a weekend in February in their Vancouver offices, running a blood sample from an early American covid-19 survivor through a credit card-sized device made up of 200,000 tiny chambers, hoping to help save ... Flag as irrelevant
	Deadline Eros And STX Close Merger, Plan New York Stock Exchange Debut In September, Eye $1B In Revenue By 2022 Deadline Eros International and STX Corp. have formally closed their merger and said the combined firm plans a listing on the New York Stock Exchange in September. The combined entity, which blends the film and TV operations of large-scale indie STX with the ... Flag as irrelevant
	Forbes Gold Jewelry Demand Plunges 46% In First Half Of 2020 Forbes Gold jewelry demand in the first half of 2020 fell to unprecedented levels due to the global coronavirus pandemic, which shut down the consumer economy in much of the world. Further deterioration in demand occurred as gold investment increased during ... Flag as irrelevant
	Wall Street Journal Stocks Drop on Dour Economic Data Wall Street Journal U.S. stocks fell Thursday on one of the busiest days of the corporate earnings season, while new data laid bare the extent of the economic damage wrought by the coronavirus pandemic. Major indexes opened sharply lower, and the Dow Jones Industrial ... Flag as irrelevant
	Barron's 5G Investment Is Slower Than Expected, Hitting Cell-Tower REITs Barron's Cell tower real-estate investment trusts have been long-term winners, with resilient business models and reliable gains thanks to steady network investment from wireless companies in the U.S. and abroad. The next phase of growth is supposed to come as ... Flag as irrelevant
	American Banker Sens. Warren, Schatz press Wells Fargo on forbearance practices American Banker WASHINGTON — Two Senate Democrats are seeking details from Wells Fargo about news reports that the bank has been placing borrowers into mortgage forbearance programs without their consent. Sens. Elizabeth Warren of Massachusetts and Brian ... Flag as irrelevant
	Reuters Kraft Heinz takes $3 billion writedown, signals weaker second-half earnings growth Reuters CHICAGO (Reuters) - Kraft Heinz Co (KHC.O) on Thursday said second-half core earnings growth would be weaker-than-expected and took a nearly $3 billion charge on the value of several businesses, highlighting uncertainty in the food industry due to the ... Flag as irrelevant
	Brewbound.com Deschutes, Jack's Abby Announce NBA Team Branded Beers for Portland Trail Blazers, Boston Celtics Brewbound.com Bubble NBA basketball is finally here — and two craft breweries are creating beers branded for their respective home teams. Deschutes Brewery will launch Rip City Lager in partnership with the Portland Trail Blazers. The Bend, Oregon-headquartered craft ... Flag as irrelevant
	Forbes New Lordstown Endurance Ad Shows An Electric Truck Can Get The Job Done Forbes There's a good chance Lordstown Motors named its upcoming first vehicle the Endurance because that's what fans of the new automaker need as they patiently wait for the company to finally bring the all-electric pick-up truck to life. Also, a truck called the ... Flag as irrelevant
	CNBC FDA says it would clear a coronavirus vaccine so long as it's safe and at least 50% effective CNBC "We all want a vaccine tomorrow. That's unrealistic. And we all want a vaccine that's 100% effective. Again, unrealistic," FDA Commissioner Dr. Stephen Hahn said. He added that the minimum requirement of 50% effectiveness also helped give vaccine ... Flag as irrelevant
	Wall Street Journal Budweiser Brewer Takes $2.5 Billion Write-Down in South Africa Over Covid-19 Wall Street Journal Anheuser-Busch InBev BUD 1.32% NV reported a sharp drop in second-quarter sales as beer consumption across much of the world dropped and took a $2.5 billion write-down on its business in South Africa, where alcohol sales have been banned during ... Flag as irrelevant
	CNBC 3 alternatives to subprime credit cards that can help you build credit CNBC If you have less-than-stellar credit, it can be hard to qualify for the best credit cards — or any card at all. It's even more difficult if you fall in the subprime (credit scores of 580 to 619) or deep subprime category (scores below 580). You may consider signing up ... Flag as irrelevant
	Cruise Critic Is Royal Caribbean's Empress of the Seas Cruise Ship Heading For the Scrapyard? Cruise Critic (11:45 a.m. EDT) -- Cruise Critic's eagle-eyed members continue to keep tabs on the current fleet, watching to see what cruise ships will leave service as a result of the COVID-19 pandemic. On Thursday, the 1990-built Empress of the Seas came into the ... Flag as irrelevant
	Fox Business 5 benefits of a mortgage refinance — aside from lowering monthly payments Fox Business As the number of coronavirus cases rises this summer, interest rates remain low. For those with steady employment who bought their home pre-pandemic, now may be the perfect time to take advantage of low rates by refinancing a home mortgage. Continue ... Flag as irrelevant
	Motley Fool Why Teladoc Health Stock Jumped on Thursday Motley Fool Shares of Teladoc Health (NYSE:TDOC) jumped on Thursday, rising about 6% as of 1:40 p.m. EDT. The stock's gain came after the company announced second-quarter results. Shares of the telehealth specialist were likely up because the company's ... Flag as irrelevant
	Wall Street Journal Grubhub Generates Sales, Not Profit, During Pandemic Wall Street Journal Grubhub Inc. GRUB -0.44% is benefiting from delivery ordering during the coronavirus pandemic but not profiting from it. The Chicago-based delivery service reported $459 million in sales in its second-quarter ending in June, higher than analysts' ... Flag as irrelevant
	Business Wire Alexion Reports Second Quarter 2020 Results Business Wire 2Q20 total revenues of $1,444.6 million, a 20% increase over 2Q19. 2Q20 GAAP diluted EPS of $(4.84); non-GAAP diluted EPS of $3.11. Achieved goal of establishing ULTOMIRIS® (ravulizumab-cwvz) as new standard of care in PNH with more than 70% ... Flag as irrelevant
	Wall Street Journal Apollo's Earnings Recover as Value of Investments Rises Wall Street Journal Apollo Global Management Inc.'s APO 3.64% second-quarter earnings rose as the value of its investments climbed with the broader market. The New York private-equity firm posted net income of $446.3 million, or $1.84 a share, compared with a profit of ... Flag as irrelevant
	USA TODAY TJ Maxx, Marshalls and Homegoods requiring face masks starting July 30 USA TODAY The list of retailers requiring masks is growing as the pandemic continues to grip the nation. TJX Companies has announced that all its retailers including T.J. Maxx, Marshalls and Homegoods will require patrons wear face coverings starting Thursday, July 30 ... Flag as irrelevant
	CNN Coca-Cola is launching a Topo Chico hard seltzer CNN New York (CNN) Coca-Cola is launching a hard seltzer under the cult-favorite brand Topo Chico. The drink will initially be available in select cities in Latin America. This is the company's first move into the hard seltzer space. The beverage giant purchased ... Flag as irrelevant
	Today.com Dunkin' to permanently shutter 800 US locations by the end of 2020 Today.com Dunkin', the coffee and doughnut chain formerly known as Dunkin' Donuts, announced Thursday that it will be permanently closing 800 locations across the U.S. by the end of this year. Earlier this month, the chain confirmed to TODAY Food that it would be ... Flag as irrelevant
	Barron's Johnson & Johnson Begins Trial of Covid-19 Vaccine in One-Dose Regimen Barron's Johnson & Johnson became the third Western biopharmaceutical company to begin a new trial of its Covid-19 vaccine this week, but with a difference: In a surprise announcement on Thursday morning, the company said it would test its vaccine in a ... Flag as irrelevant
	NBC News Kodak CEO's Fortune Swells $79 Million as Stocks Rally on US Government Loan The New York Times (Reuters) - Eastman Kodak Co 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 supply deal ... Flag as irrelevant
	Fox Business Lowe's shelling out $100M in coronavirus bonuses to hourly workers Fox Business Lowe's Companies Inc. announced Thursday that it would be doling out an additional round of bonuses to support employees "with unforeseen expenses and hardships" during the COVID-19 pandemic. Continue Reading Below ... Flag as irrelevant
	GlobeNewswire AlloVir Announces Pricing of Upsized Initial Public Offering GlobeNewswire CAMBRIDGE, Mass., July 30, 2020 (GLOBE NEWSWIRE) -- AlloVir, Inc. (Nasdaq: ALVR), a late clinical-stage cell therapy company, today announced the pricing of its upsized initial public offering of 16,250,000 shares of common stock at a public offering ... Flag as irrelevant
	WDIV ClickOnDetroit A tasty place to celebrate National Cheesecake Day in the D WDIV ClickOnDetroit Cheesecake is one of the most popular and versatile desserts out there. It can come in a variety of flavors and be dressed up with different fruits and candy. That is especially true of the cheesecake you will find at 24th Cheese Cakerie in the Ann Arbor area. Flag as irrelevant
	Solar Industry EDF Renewables North America Signs PPA for Chuckwalla Solar+Storage Project Solar Industry EDF Renewables North America, an independent power producer and service provider, has signed a 22-year power purchase agreement (PPA) with NV Energy for a 200 MW AC solar photovoltaic project coupled with a 180 MW, four-hour battery storage ... Flag as irrelevant
	Business Today Reliance Jio Q1 results: Profit jumps 3 folds to Rs 2520 crore; ARPU at Rs 140.3 Economic Times Mumbai: Reliance Jio Infocomm's net profit almost tripled in the April-June period – its 11th profitable quarter in a row – helped by tariff increases, decent customer additions and lower finance costs after reducing debt. Profit rose to Rs 2,520 crore in the ... Flag as irrelevant
	Market Realist Kandi Stock Rose 140 Percent Yesterday — Is There More Upside? Market Realist On Wednesday, Kandi America, a subsidiary of the Chinese electric vehicle manufacturer Kandi Technologies, announced that it will launch two of America's most affordable electric vehicles, K27 and K23, next month. Meanwhile, the company has launched a ... Flag as irrelevant
	Reno Gazette-Journal Las Vegas Sands to pay employees through Oct. 31 Reno Gazette-Journal LAS VEGAS – In the face of an economic slowdown that has resorts struggling to recapture revenue, Las Vegas Sands will pay employees through October. "This pandemic has not only changed how our business operates; it has changed almost everything ... Flag as irrelevant
	Twin Cities Business Magazine The Other Side of the Coin Twin Cities Business Magazine When social distancing restrictions were enacted back in March, many consumers began using credit and debit cards as their primary method of payment to avoid contracting the virus. With banks, retail shops, and laundromats closed, coins stayed in ... Flag as irrelevant
	WRAL.com National Avocado Day is Friday, July 31 with free guacamole & avocado sales WRAL.com National Avocado Day is Friday, July 31 and you'll find multiple restaurants offering free guacamole and grocery stores offering excellent avocado sales! Restaurant Deals. Chipotle. Get free guacamole online or in the app on July 31 if you sign up for their ... Flag as irrelevant
	KSAT San Antonio Airline CEO: If you insist on not wearing a mask, we'll insist you not fly with us -- from here on out KSAT San Antonio Delta Air Lines CEO Ed Bastian has put out what some are calling an aggressive enforcement of mask-wearing on the company's flights. "If you board the plane and you insist on not wearing your mask, we will insist that you don't fly Delta into the future," ... Flag as irrelevant
	Boston Business Journal MGM Resorts makes acting CEO permanent Boston Business Journal This article first appeared on MassLive.com. The MGM Resorts International board of directors announced Wednesday that it elected William J. Hornbuckle CEO and president. Hornbuckle has been serving the company as acting CEO and president since ... Flag as irrelevant
	MSN Money TC Energy profit dips 6% on lower uncontracted volumes on Keystone Reuters (Reuters) - TC Energy Corp posted a 6% fall in second-quarter comparable profit on Thursday, partly hurt by a drop in uncontracted volumes of crude transported by its flagship Keystone pipeline due to a slump in energy demand. Steep declines in oil and gas ... Flag as irrelevant
	Fox Business Kellogg raises annual profit forecast as coronavirus boosts demand for Fruit Loops, waffle mixes Fox Business (Reuters) - Cereal maker Kellogg Co raised its full-year sales and profit forecast on Thursday, buoyed by rising demand for its Corn Flakes, Fruit Loops and waffle mixes among consumers stuck at home due to the COVID-19 pandemic. Continue Reading ... Flag as irrelevant
	Bradford Telegraph and Argus Jet2 flying Spanish holidaymakers home early Bradford Telegraph and Argus JET2 are asking its customers in Spain to fly home early. The Leeds-Bradford Airport based airline have asked them to cut their trips to the Canaries and Balearic Islands short. Customers due to fly home in August have been told to come home as early as the ... Flag as irrelevant
	Electrek This hybrid offshore wind farm will be a green energy 'supergroup' Electrek Oil giant Shell and Dutch utility Eneco have won a tender to build a super-hybrid offshore wind farm in the Netherlands. It will consist of two sites located 11.5 miles (18.5 km) off the west coast, near the town of Egmond aan Zee. The Dutch Ministry of Economic ... Flag as irrelevant
	The Drive 2021 Toyota 4Runner SUV and Tundra Pickup Get Small Updates and Modest Price Bump The Drive The Toyota 4Runner and Tundra have both been trudging along for several years without major overhauls. Though that trend will continue through at least the 2021 model year, we now know that Toyota won't be unreasonably cranking up prices for its ... Flag as irrelevant
	The Drive The 2021 Acura TLX Type S Will Show the World What It Can Do at Pikes Peak The Drive Last year's Pikes Peak International Hill Climb saw Acura show up in force with five cars, one of which came close to an overall win. The number 42 TLX GT driven by Peter Cunningham stormed up the 12.4-mile, 156-corner course in just 9:24.433—faster ... Flag as irrelevant
	Yahoo Finance Gold Price Prediction – Prices Hit Fresh All-time Highs Following Fed Meeting Yahoo Finance The trend in gold prices continued on Wednesday in the wake of the Fed decision to keep rates unchanged. Gold prices rallied to new fresh all-time highs as traders continued to buy the yellow metal. The post-meeting statement from Fed Chair Jerome Powell ... Flag as irrelevant
	Phys.Org Energy is a basic need, and many Americans are struggling to afford it in the COVID-19 recession Phys.Org Several months into the COVID-19 pandemic crisis, lower-income families are struggling to pay their energy bills. That's a big concern during extreme events like summer heat waves, which can be deadly—especially for elderly people, young children, people ... Flag as irrelevant
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