OTTAWA—Data on Friday said Canadian economic output plunged by a record amount in the second quarter, fueled by pandemic-related restrictions on activity, while also indicating that a record expansion is in the offing for the current three-month period.
Harker said Friday that it will take a significant amount of time before the U.S. sees unemployment figures return to their pre-coronavirus lows. Harker, a voting member of the Federal Open Market Committee, also said he would be comfortable allowing ...
It's not a coincidence that Bitcoin first appeared shortly after the 2008 recession. The global credit crunch led to record high levels of unemployment, and confidence in banking systems was at an all-time low, so Bitcoin – a decentralized digital currency – was ...
Alongside its approval as a test for understanding the genetic basis of a particular cancer, and linking oncologists with relevant clinical trial information, the FDA also granted the test the ability to help clinicians prescribe four targeted cancer treatments.
Johnson & Johnson said new data support the evaluation of longer durations of treatment with JNJ-3989. (Raysonho/CC0). Share Facebook Twitter LinkedIn Email Print. Johnson & Johnson has presented clinical trial data linking short-term treatment with ...
Much of the coverage of the Federal Reserve's review of its monetary policy framework—which culminated in the release of a new statement of its long-term goals—focused on how the Fed would change its approach for achieving one part of its congressional ...
A 65-year old media company is in danger of slipping out of the FTSE 100 when the index reshuffles next week, while a retailer beloved by bargain shoppers may take its place, says an analyst. Shares of ITV PLC ITV, -1.49% have slumped nearly 67% this ...
The U.S. economy is likely to continue to recover, but with fits and starts tied to progress on the coronavirus, a top Federal Reserve official said Friday. "I do believe that the recovery is likely to be a slow one," said Cleveland Fed President Loretta Mester, in an ...
Wirecard Card Solutions will meet Friday to outline the terms of a sale of its card technology and associated U.K. assets to Railsbank. Munich-based Wirecard filed for insolvency in June after the revelation that 1.9 billion euros had disappeared from its ...
Thousands of MGM Resorts International employees across the country have received notice that they will be laid off on Monday. The layoffs, which were first made public through a legal notice published in May, affect roughly 18,000 furloughed MGM ...
Workday Inc.'s stock rallied Friday on their way to new records after nearly three-fourths of analysts hiked their price targets on the human-resources cloud-software company following a strong earnings report and outlook. Workday WDAY, +11.44% shares ...
Coronavirus has profoundly impacted the economy, but real estate prices have largely held steady — as this recession isn't driven by a collapse in the real estate market as the 2008 financial crisis was. In fact, homeowners are actually taking advantage of ...
Abbott Laboratories ABT was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, ...
Gap (GPS) - Get Report analysts raised their share-price targets but stayed cautious on the apparel retailer after it reported a narrower-than-expected second-quarter loss and strengthened online efforts during the coronavirus pandemic. For the quarter ended ...
Consumer spending increased for the third straight month in July but slowed considerably amid surging coronavirus cases across the U.S., according to data released Friday by the Bureau of Economic Analysis (BEA). Personal consumption expenditures ...
Walmart is the latest company to want a piece of TikTok, the popular Chinese-owned video app that has come under fire from the Trump administration. The world's largest retailer made a joint bid with tech giant Microsoft to buy TikTok's U.S. business, ...
When it comes to SEO for enterprise companies and working in-house, an SEO professional will start to feel overwhelmed with the growing set of keywords they optimize for and the thousands of impressions they're seeing. When I made the move from agency ...
The Trump Administration, through the U.S. Department of Health and Human Services and the Department of and Defense, have awarded a contract for $760 million to Abbott for the delivery of 150 million rapid COVID-19 diagnostic tests. Testing will be ...
Protestors demanding higher wages for Amazon workers prepared a pointed welcome home gift for Jeff Bezos on Thursday, setting up a guillotine in front of the multi-billionaire's $23 million Washington D.C. mansion. The Washington Examiner reported that ...
Waitrose is to test fast-track grocery deliveries with takeaway courier firm Deliveroo as it prepares to do battle with rival Marks & Spencer, which will finally begin selling groceries online next week. After almost two decades together, the online grocery ...
"I started to look at what happened at Microsoft, or at Google or at Twitter, where you needed fresh talent to come in and lead the business," said Nutanix CEO Dheeraj Pandey. By Mark Haranas August 28, 2020, 11:26 AM EDT. AddThis Sharing Buttons.
District of Columbia Attorney General Karl A. Racine announced on Thursday that the Office of the Attorney General (OAG) filed a lawsuit against grocery delivery service Instacart for charging consumers in the District of Columbia "millions of dollars in ...
WASINGTON — The National Highway Traffic Safety Administration (NHTSA) has launched a mobile app that automatically checks for safety recalls and alerts users when a recall has been issued, according to the Department of Transportation. The agency's ...
New Zealand shares rose to an all-time high even as cyber attacks rattled the nation's stock exchange this week and spurred trading halts over the last four days. The S&P/NZX 50 Gross Index climbed 0.3% to close at 12,093.52, breaking through its February ...
(Bloomberg) -- Credit Suisse Group AG is dealing with the fallout of a fraud at its international wealth management business two years after it was criticized by a regulator in a similar case that rattled the bank and raised questions about controls. The Swiss ...
The rupee strengthened 43 paise to end at 73.39 (provisional) against the US dollar on Friday supported by persistent foreign fund inflows and weak American currency. In the previous trade, the precious metal had closed at Rs 52,407 per 10 grams. Related ...
Houston — The five Texas oil refineries shuttered ahead of Hurricane Laura are all planning to restart soon, although the two major refineries near Lake Charles, Louisiana are expected to take longer as they deal with widespread power outages and ...
After giving us our first look at the facelifted Kia Stinger earlier this month, the Korean carmaker has now released more information of its sporty fastback sedan. Sales of the updated model will begin in Korean during the third quarter of 2020, before rolling out ...
SANTA MARIA, Calif. - The Santa Maria Airport will soon have service to Phoenix. The airport announced Thursday that Allegiant Air will provide nonstop flights from Santa Maria to the Phoenix-Mesa Gateway Airport beginning in November. Allegiant already ...
BHP chief executive Mike Henry has outlined the company's goal to grow its future-facing commodity assets, including copper, nickel and potash over the coming year. The chief executive addressed the company's shareholders on Thursday to summarise ...
HAMBURG/LONDON, Aug 28 (Reuters) - British flour mills have been making large purchases of German wheat in past weeks after a collapse in the United Kingdom's harvest this year, traders said on Friday. Britain's wheat crop may fall about 35% on ...
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