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| Pandemic means Scotland's professional players agree salary reduction package Details of the agreement have not been disclosed, but it has been stated that a programme of reimbursement will be instituted for RPS members ...
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To Reduce Unemployment, The Fed Should Focus On Credit Policy Over Monetary Policy With unemployment still over ten percent, Americans and their elected officials want jobs. Federal Reserve Chair Jerome Powell appears to be listening. He regularly speaks about the importance of reducing unemployment, and last week he announced a ...
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Facebook partially documents its content recommendation system Algorithmic recommendation systems on social media sites like YouTube, Facebook and Twitter have shouldered much of the blame for the spread of misinformation, propaganda, hate speech, conspiracy theories and other harmful content. Facebook, in ...
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Zoom revenue more than quadrupled from last year Zoom's fiscal-year guidance easily exceeded analysts' estimates as the company continues to benefit from the coronavirus pandemic. Zoom made executive and board appointments in the quarter as usage soared. Eric Yuan, founder and chief executive ...
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Amazon (AMZN) Boosts Its Retail Focus With New Grocery Store Amazon AMZN is firing on all cylinders to expand its footprint in the retail sector on the back of its strengthening grocery business and a growing physical presence. The opening of Amazon Fresh grocery store is a testament to the company's efforts to that end.
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OfferUp and letgo combine marketplaces, post-acquisition Existing letgo users will be directed to download the new OfferUp & letgo app, then use their letgo sign-in information to create their new OfferUp account. When they sign in, their account's reputation, including their ratings, sales and purchase history, and join ...
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Bay Area home prices climb on strong demand, low supply Tight inventory and unstoppable buyers pushed Bay Area median home prices higher in July, ignoring the economic drag of the Covid pandemic. Median home prices for single family homes in the Bay Area rose 8.6 percent, led by soaring prices in Contra ...
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Canada wants to be at 'front of line' for coronavirus vaccines, signs deals with Novavax and Johnson & Johnson OTTAWA (Reuters) - Canada reached an agreement in principle on Monday with both Novavax Inc (NVAX.O) and Johnson & Johnson (JNJ.N) for millions of doses of their experimental coronavirus vaccines, Prime Minister Justin Trudeau said. Canada's ...
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BigCommerce Stock Sags as Wall Street Takes a Cautious View. Morgan Stanley Says Sell. BigCommerce shares were under pressure Monday amid a flurry of cautious analyst notes on the e-commerce software company. BigCommerce (ticker: BIGC) has been one of the year's best-performing initial public offerings. The stock went public on Aug.
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Akcea Therapeutics Is Returning to Parent Ionis Pharma in $500M Buyout Akcea Therapeutics is returning to its parent company, Ionis Pharmaceuticals, in a $500 million deal that brings an end to a tumultuous three years as a standalone company. The definitive agreement announced Monday calls for Carlsbad, CA-based Ionis ...
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United Airlines Ditched Change Fees—and Now Everyone Else Is Too. What That Means for the Stocks. The days of paying $200 to change a $150 domestic flight may soon be over—at least on the major carriers. United Airlines (ticker: UAL) said Sunday that would it eliminate domestic change fees "forever," according to CEO Scott Kirby. American Airlines ...
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Workhorse Stock Is Higher Because the EV Start-up Has a Giant Partner Product distribution matters. The latest evidence is a nearly 13% gain in the stock of Workhorse Group, a maker of all-electric commercial vans. The company said Monday it entered an agreement with Hitachi America to help it develop a national dealer ...
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McDonald's calls out ex-CEO in $37 million clawback case The fight over former chief executive Steve Easterbrook's compensation has become one of the highest-profile examples of a corporation grappling with the #MeToo era. Tweet · Share; More. Share · Email · Reprints Print. Former McDonald's CEO Steve ...
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COVID-19 Pandemic Impact on Global Post Production Market 2020-2024|Technavio LONDON--(BUSINESS WIRE)--Aug 31, 2020--. The post production market is expected to register a CAGR of over 7% during 2020-2024, as per the latest research report by Technavio. The report offers detailed analysis about the impact of COVID-19 ...
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Zoom Raises Annual Revenue Target on Remote Work Boost (Reuters) - Zoom Video Communications Inc raised its annual revenue forecast by 30% after comfortably beating quarterly estimates on Monday, as it converts more of its huge free user base to paid subscriptions. Shares of the company, which have surged ...
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Rob Moskow seeks solid growth prospects for Utz NEW YORK — A month after the company's initial public offering, Utz Brands has scored an outperform rating from Robert Moskow of Credit Suisse. Initiating coverage of Utz, Mr. Moskow identified numerous paths to growth for the Hanover, Pa.-based maker ...
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Buy US Global Investors Instead Of The JETS ETF They Manage U.S. Global Investors will benefit from positive price performance in the JETS ETF. But the market is discounting a big decline in assets under management, so it shouldn't be badly hurt if JETS has poor performance going forward. Switching a JETS investment ...
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Warren Buffett's Berkshire Hathaway Has Dumped US Airlines and Banks. Why It's Now Big on Japan. Berkshire Hathaway's move to invest a total of about $6 billion in five Japanese trading companies appears to reflect Warren Buffett's bullish view on Japan's stock market, which has badly lagged behind the S&P 500 index in recent years. Japan's ...
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HHS Ends Ventilator Contract with Philips The U.S. Department of Health and Human Services is canceling the remainder of a contract with Royal Philips for ventilators. The company issued a news release about the cancelation earlier today. Philips said the agreement was signed in April and called ...
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Oklahoma man detained for hitting Taco Bell drive-thru naked, claims clothes were in washer You learn something new every day. For example, a man in Oklahoma reportedly learned that it is illegal to drive naked when he was apprehended doing so at a Taco Bell drive-thru. The suspect reportedly asked workers for extra sauce and an extra taco ...
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How to avoid the latest text scam about package deliveries If you get a text asking you to click a link about a late package, just delete it -- it's a scam. Getty/Karl Tapales. A new text message scam is making its way around the country, trying to trick people into entering their credit card information by claiming that they ...
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Queens Eatery Leads $2B Lawsuit to Force Return of Indoor Dining An Italian restaurant in Queens launched a $2 billion class-action lawsuit against the city and state to force the return of indoor dining in New York City after it was indefinitely postponed last month as coronavirus cases spiked around the country, court ...
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Judge: Neither Anthem nor Cigna to receive damages in 'corporate soap opera' over failed merger A Delaware judge has ruled that neither party will receive damages in the ongoing spat between Anthem and Cigna over their failed merger. (William_Potter / iStock / Getty Images Plus). Share Facebook Twitter LinkedIn Email Print. A Delaware judge has ...
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Am Law 50 Firm Extends Mandatory Work-From-Home Policy Though January 2021 It's been about six months since law firms closed their office doors in favor of using work-from-home policies as a way to prevent employees from becoming infected with COVID-19, the deadly virus that's plagued the globe for nearly all of 2020. Almost 6 ...
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Coca-Cola Announces Strategic Steps to Reorganize its Business for Future Growth In this reorganization, the Coca-Cola Company will create new operating units and global beverage category leads. The company will align its workforce to focus on growth. August 28, 2020 06:55 AM Eastern Daylight Time. ATLANTA--(BUSINESS ...
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Where to Shop Levi's Face Masks Levi's just released their face mask line which are reversible and reusable. You can never have too many face masks to protect yourself and your family from the ongoing coronavirus pandemic. Countless companies are now making, selling and donating ...
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Veolia Pounces on Rival to Create Waste Giant to Counter China Veolia Environnement SA moved to buy its biggest rival in a bid to create a global waste and water giant and stay ahead of looming competition from China. The French company's opportunistic attempt to buy Suez SA revives an effort that failed eight years ...
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Golden Gate Capital Exits Red Lobster Investment A group of investors, including a publicly listed seafood supplier, has purchased Golden Gate Capital's remaining stake in Red Lobster Seafood Co. Private-equity firm Golden Gate said Monday that it sold its interest in the fish and seafood restaurant chain to ...
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The Week In Sports Betting News: 'Good' And 'Bad' Actors, Rejoice! Happy Monday, everyone. News flow was dominated by sports betting stories out of Illinois last week, which is on its way to becoming a very important market in the US. The LSR Podcast crew touched on some of the hot Illinois sports betting topics in the ...
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Hoover apartment complex sells for $26.67 million A Hoover apartment complex has sold for $26.67 million to a Tampa, Fla.-based real estate investment group. Carter Multifamily has bought Summerchase at Riverchase, a 240-unit apartment complex built in 1988 in Hoover. Jimmy Adams and Andrew ...
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Second US shale boom's legacy: Overpriced deals, unwanted assets By Jessica Resnick-Ault, Dmitry Zhdannikov and David Gaffen. NEW YORK (Reuters) - Oil and gas companies plunged over $156 billion into corporate takeovers and land deals during the second U.S. shale boom, in a massive bet that good times would ...
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Babcock and Wilcox expands to Dubai AKRON, Ohio -- Babcock & Wilcox Enterprises said it's expanding in the Middle East and Africa by opening a headquarters in Dubai, United Arab Emirates. The Akron boiler maker (NYSE: BW) said it's formed Babcock & Wilcox Middle East Holdings, Ltd. and ...
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In the next round of stimulus aid, corporate America needs to stand up for climate science By Mindy S. Lubber & MarÃa Mendiluce. August 31, 2020. U.S. capital with money and flags. With Congress gearing up for another trillion-dollar round of economic relief that will set the strategic direction of the U.S. economy for years to come, it's time for ...
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First economic contraction in 4 decades: India GDP shrinks 23.9% in Q1FY21 India's economy contracted by 23.9 per cent in the April-June period, its worst performance since the quarterly measurement began in 1996, and probably the first contraction since 1980. The lockdown and suspension in economic activity due to Covid-19 was ...
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If AT&T sells DirecTV, it will not involve Dish Network: report As DirecTV continues to lose subscribers, AT&T has placed its focus on AT&T TV and HBO Max as its core video products. (Acabashi/Wikimedia Commons). Share Facebook Twitter LinkedIn Email Print. AT&T is reportedly exploring a sale of DirecTV, ...
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Dairy Queen Adds New Caramel Apple Pie Blizzard to Returning Fall Lineup Move over, Pumpkin Spice Latte. While everyone's talking about prematurely spiced coffee drinks, Dairy Queen is serving up fall flavors in the form of Blizzards and shakes. The chain's latest frozen treats bid farewell to summer and say hello to cooler weather, ...
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GRAINS-Corn, soybeans rise on worry US dryness stressing crops (Updates European trade, adds new comment). By Naveen Thukral and Michael Hogan. SINGAPORE/HAMBURG, Aug 31 (Reuters) - Chicago corn rose on Monday as dry weather in parts of the U.S. Midwest is expected to damage the condition of U.S. crops, ...
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PPP loan forgiveness could result in big tax bills Businesses that received Paycheck Protection Program loans are anxiously eyeing an IRS ruling that could affect whether they apply for loan forgiveness. In a notice this spring, the IRS said it had ruled out tax deductions for wages and rent paid with ...
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Indiana Woman Sues Distributor Of Recalled Hand Sanitizer INDIANAPOLIS (AP) — A northern Indiana woman has filed a lawsuit against the distributor of a recalled hand sanitizer over the presence of toxic methanol, alleging her children had severe side effects. The lawsuit, filed earlier this month in St. Joseph County ...
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E-commerce Startup Wish Files Confidentially To Go Public E-commerce platform Wish said Monday that it confidentially filed an S-1 registration document with the United States Securities and Exchange Commission to go public. Subscribe to the Crunchbase Daily. A confidential S-1 filing means that while Wish has ...
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JPMorgan Bucks Credit Card Trend With New One Aimed at Travelers (Bloomberg) -- JPMorgan Chase & Co. is rolling out a travel-focused credit card, breaking with competitors who are reining in exposure to U.S. consumers amid a surge in unemployment. The new card -- the Freedom Flex -- was in the works before the ...
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Epic Meltdown at Walmart Staff ... An Alaskan who refused to wear a mask at his local Walmart didn't go quietly ... he left the building practically kicking and screaming -- and it's absolutely bonkers. Check out this guy -- a Texas Longhorns fan, no less -- being escorted out of a Walmart last ...
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Md. utility regulator extends moratorium on service cutoff for one more month This content was republished with permission from WTOP's news partners at Maryland Matters. Sign up for Maryland Matters' free email subscription today. After 12 hours of testimony from a broad array of stakeholders late last week, the Maryland Public ...
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Spyker, SMP Partnership to Include Racing Return Former FIA World Endurance Championship entrant SMP Racing has entered into a "far reaching collaboration" with Spyker Ltd., with plans for the Dutch boutique automaker to return to sports car racing. SMP founder Boris Rotenberg, business partner ...
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