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What to expect when Jay Powell addresses the world's top central bankers London (CNN Business) Every August, investors turn their attention to Jackson Hole, Wyoming, as the world's top central bankers gather for an exclusive meeting on the state of the economy. This year, during a pandemic and in the face of unprecedented ...
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Trump promised a payroll tax holiday — but so far it's all just talk Talk is cheap. And it's often a lot easier to talk about a big, attractive-sounding plan you've come up with than it is to implement it. Today's case in point: President Trump's splashy announcement earlier this month that he was ordering Treasury Secretary ...
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This signal is 'raising a red flag' for the stock market rally The markets are patiently and somewhat nervously awaiting Federal Reserve Chairman Jerome Powell's key speech at the Jackson Hole economic symposium later on Thursday. Powell is expected to suggest the central bank will adopt a new framework to ...
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TD Bank, CIBC post profit beats as capital markets offset weakness elsewhere TORONTO (Reuters) - Toronto-Dominion Bank (TD.TO) and Canadian Imperial Bank of Commerce (CM.TO) beat analyst expectations for third-quarter profit on Thursday as strong earnings growth in their capital markets businesses helped offset weakness in ...
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Builders FirstSource, BMC Stock to Combine in an All-Stock Deal The combined company will retain the name Builders FirstSource and its headquarters in Dallas, as well as significant operations in Raleigh, N.C., where BMC is based, and Denver, the companies said. They estimate a combination could yield annual cost ...
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Amazon Has A 'Fresh' Take On Grocery Shopping—And It's Not Whole Foods Amazon, the world's biggest online retailer, is strengthening its bid to expand its offline ventures as it prepares to open a new supermarket in Los Angeles, the company announced on Thursday—one of seven across Southern California and Chicago slated to ...
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Tiffany beats profit estimates, signals recovery after pandemic blow (Reuters) - Tiffany & Co (TIF.N), which this week delayed the close of its $16.2 billion sale to France's LVMH (LVMH.PA), on Thursday reported a stronger-than-expected quarterly profit and signaled an uptick in sales due to a recovery in China and online ...
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Oil industry shuts platforms, rigs, refineries as storm hits NEW YORK — The energy industry braced for catastrophic storm surges and winds as Hurricane Laura cut a dangerous path across the coastlines of Texas and Louisiana, making landfall early Thursday. Oil and gas producers evacuated platforms and rigs in ...
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The Hut Group set for biggest British IPO in years (Reuters) - E-commerce retailer The Hut Group plans a London initial public offering that would value it at around 4.5 billion pounds ($5.95 billion), potentially the biggest listing of a British company since 2013, as it seeks to tap investor appetite for the online ...
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New Zealand stock exchange halts trading for third day because of a cyber attack London (CNN Business) Cybercriminals have disrupted trading on New Zealand's financial markets for three consecutive days. New Zealand's Exchange (NZX) said in a statement Thursday that it was working with cybersecurity experts and hoped to resume ...
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Lancaster Colony Reports Fourth Quarter and Fiscal Year Results WESTERVILLE, Ohio, Aug. 27, 2020 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the fourth quarter and fiscal year ended June 30, 2020. Highlights are as follows: Fourth Quarter Results. Consolidated net sales ...
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More blowout profits from tech companies push S&P 500 higher More blowout profit reports from big tech companies pushed the S&P 500 to an all-time high Wednesday. The benchmark index rose 1%, even though most of the stocks within it closed lower. Technology stocks accounted for the lion's share of the gains, ...
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Federal contractor taps Google Cloud AI and ML to inspect US Navy vessels Google on Thursday announced that it will be working with a federal government contractor to help the US Navy modernize the way it maintains and repairs its vessels and facilities. More specifically, the contractor, Simple Technology Solutions (STS), will use ...
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Jeff Bezos Becomes The First Person Ever Worth $200 Billion Early Wednesday he crossed a milestone previously unseen in the nearly four decades Forbes has been tracking net worths: With Amazon stock edging up 2% as of Wednesday afternoon, Bezos' net worth is up by $4.9 billion, making the 56-year-old the ...
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COVID-19 Pandemic Impact on Global Autoclave Market 2020-2024 | Technavio LONDON--(BUSINESS WIRE)--Aug 27, 2020--. The autoclave market is expected to grow by USD 468.13 million during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on ...
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Beyond Meat, Incogmeato, Impossible Foods up ante in plant-based meat market Consumers hungry for more plant-based meat options are getting plenty Thursday. Beyond Meat Inc. BYND, +0.81% launched an e-commerce site, shop.beyondmeat.com, that offers its products directly to consumers, while Incogmeato by MorningStar Farms ...
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In NY1 Interview, Related CEO Says Return to Offices and Schools the Only Way for NYC to Fully Recover NEW YORK - Bring your workers back to the office. That's the message Jeff Blau, the CEO of Related Companies, has for corporate leaders in New York. In an interview with NY1 Blau argues that New York City will not fully recover until corporate leaders ...
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WPP swings to loss as same-store sales fall 15% WPP PLC said Thursday that like-for-like net sales fell 15% in the second quarter as cost-conscious clients tightened their advertising budgets, and swung to a first-half pretax loss on coronavirus-related charges. The world's largest advertising group said ...
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The week in bankruptcies: Raleigh, Wilson firms file for Chapter 11 Raleigh area bankruptcy courts recorded two business filings - including zero with total debt above $1 million - during the week that ended Aug. 21, 2020. Year to date through Aug. 21, 2020, the court recorded 47 Chapter 7 or Chapter 11 business bankruptcy ...
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Frito-Lay recalls select bags of Lay's barbecue chips over allergy concerns Frito-Lay has issued a voluntary recall on select bags of Lay's barbecue flavored potato chips because they may contain undeclared milk ingredients. The recall, issued on Aug. 24, includes various sized bags including 1 oz., 1 1/2 oz., 2 5/8 oz., 7 3/4 oz., ...
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Abercrombie: Fiscal 2Q Earnings Snapshot NEW ALBANY, Ohio (AP) — Abercrombie & Fitch Co. (ANF) on Thursday reported fiscal second-quarter net income of $5.5 million, after reporting a loss in the same period a year earlier. On a per-share basis, the New Albany, Ohio-based company said it had ...
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Titan Machinery: Fiscal 2Q Earnings Snapshot WEST FARGO, N.D. (AP) _ Titan Machinery Inc. (TITN) on Thursday reported fiscal second-quarter earnings of $6.4 million. The West Fargo, North Dakota-based company said it had net income of 28 cents per share. Earnings, adjusted for non-recurring costs ...
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Novavax CEO expects filing for COVID-19 vaccine approval in December: paper PRAGUE (Reuters) - Novavax Inc expects filing for approval of its COVID-19 vaccine candidate in the United States in December, Chief Executive Stanley Erck said in an interview for Czech daily Hospodarske Noviny, released on Thursday. The company ...
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Boeing testing new sanitation technology on SC-made plane NORTH CHARLESTON, S.C. (WCSC) - Boeing is testing new ways to sanitize its planes amid the coronavirus pandemic. The tests are part of Boeing's ecoDemonstrator program which is put on annually to test safety and environmentally-friendly technologies ...
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Chinese step up soybean buying Decreasing prices fueling US deals China is set to buy a record amount of American soybeans this year as lower prices help the Asian nation boost purchases pledged under the phase-one trade deal, according to people familiar with the matter. The total from the U.S. will probably reach about ...
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Austin Enters US Plastics Pact AUSTIN, TX – Austin Resource Recovery, a department of the City of Austin, announced Wednesday it has joined The U.S. Plastics Pact aimed at rethinking use of the synthetic material. A collaboration led by The Recycling Partnership and World Wildlife ...
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Portland Public Schools working with Comcast amid internet stability concerns PORTLAND, OR (KPTV) – With an unprecedented number of students learning online this year, there are some concerns about internet stability. Some districts around the country have already reported network issues that prevent students from logging on.
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Regeneron to add 400 jobs in Limerick as Covid treatment shows promise US drug development group Regeneron Pharmaceuticals is to add more than 400 new jobs at its Limerick facility, bringing the total number employed at the campus to more than 1,400. The roles will be full-time high-end specialist jobs in commercial ...
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Virgin Atlantic to serve Pakistan from London and Manchester Virgin Atlantic will begin operating routes from London Heathrow to Lahore and Islamabad and from Manchester to Islamabad in December. The carrier is looking to take advantage of relatively resilient demand for visiting friends and relatives, and to take a ...
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Falck, Eni swoop on 222MW US renewables Italian developer Falck Renewables and Eni US have signed a deal to acquire a 222MW portfolio, comprising operational wind and solar assets plus projects in development in the US. The portfolio acquisition, from Building Energy Holdings US (BEHUS), ...
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Discount Bank set aside NIS 532m for credit losses in Q2 Net profit was NIS 174 million in the second quarter of 2020, down 68% from the corresponding quarter of 2019. In its second quarter results, Israel Discount Bank (TASE: DSCT) has reported that it has set aside NIS 532 million for credit losses due to the ...
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Govt in 'top-level' talks over New York travel corridor The government has reportedly opened "top-level" talks with authorities in the US over a quarantine-free London-New York travel corridor. TR FB LI. Could the UK establish a travel corridor with the New York? According to The Telegraph, ministers are keen to ...
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Ohio, Pennsylvania to collect $4.9M airbag settlement from Honda Ohio will receive $2,367,715 and Pennsylvania will get $2,513,659 as their share of an $85 million settlement of a multi-state lawsuit alleging that Honda concealed safety issues related to defective airbag systems in certain Honda and Acura vehicles.
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What to know about low calorie meal plans People with overweight or obesity may use a low calorie diet to lose weight. A doctor may recommend this for healthy weight loss. However, there some potential risks. This article will define low calorie diets, outline how many calories are in different foods, ...
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