Google Alert - finance

	finance As-it-happens update ⋅ August 27, 2020
	NEWS
	Wall Street Journal Unemployment Claims Remain Historically High Wall Street Journal New applications for unemployment benefits ticked down to one million in the week ended Aug. 22, the Labor Department said Thursday. Initial unemployment claims remain well below the recent peak of about seven million in March but are far higher than pre- ... Flag as irrelevant
	CNBC Powell announces new Fed approach to inflation that could keep rates lower for longer CNBC Fed Chairman Jerome Powell announced a major policy shift Thursday to "average inflation targeting." That means the central bank will be more inclined to allow inflation to run higher than the standard 2% target before hiking interest rates. In addition to the ... Flag as irrelevant
	CNBC Amazon unveils Halo to battle Apple Watch and Fitbit — tracks activity, body fat, emotions CNBC Amazon has introduced a wristband for health and fitness tracking called Halo, alongside a subscription service and smartphone app. It brings some new offerings, including technology to track people's body fat percentages, sleep temperature, and their ... Flag as irrelevant
	U.S. News & World Report US economy's historic slump in the second quarter lowered to a 31.7% annual decline, GDP shows MarketWatch The numbers: The historic plunge in gross domestic product in the second quarter was lowered slightly to show a 31.7% annual decline, revised figures show, underscoring the devastation to the economy spawned by the coronavirus pandemic. Economists ... Flag as irrelevant
	CNBC NYSE gets approval for cheaper IPO alternative for companies amid SPAC boom CNBC The SEC said it approved a new type of direct listing where companies can simultaneously go public and raise cash from public market investors. Previously, companies doing direct listings only allowed existing private shareholders to sell stock to public ... Flag as irrelevant
	Washington Post Mortgage rates drop once again, remaining below 3 percent Washington Post Mortgage rates reversed course, falling for the first time in two weeks as the federal government delayed implementation of the adverse market refinance fee. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average ... Flag as irrelevant
	TechCrunch How Salesforce beat its own target to reach $20B run rate ahead of schedule TechCrunch Salesforce launched in 1999, one of the early adherents to what would eventually be called SaaS and cloud computing. On Tuesday, the company reached a huge milestone when it surpassed $5 billion in revenue, putting the SaaS giant on a $20 billion run ... Flag as irrelevant
	Fox Business Walmart, Starbucks and a growing number of US companies set to give workers time off to vote MarketWatch 'No American should have to choose between earning a paycheck and voting' said PayPal President and CEO Dan Schulman. Bloomberg News. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon. Print icon; Resize icon ... Flag as irrelevant
	Reuters Siemens Gamesa confident of return to profitability but shares slide Reuters MADRID (Reuters) - Wind turbine maker Siemens Gamesa (SGREN.MC) said its profit margins are set to rebound after a slump exacerbated by the pandemic and its onshore unit should break even in 2022, but its short-term targets disappointed financial ... Flag as irrelevant
	Forbes Air Canada: Most Refund Complaints For Foreign Airline In The US Forbes It looks like it's not only Canadians who are angry with Air Canada for the carrier's refusal to issue refunds for flight cancellations due to the coronavirus pandemic. On August 21, the U.S. Department of Transportation released its July 2020 Air Travel ... Flag as irrelevant
	CNBC July pending home sales jump over 15% annually, as properties go under contract in record time CNBC Pending home sales, which measure signed contracts to purchase existing homes,increased 5.9% in July compared with June, according to the National Association of Realtors. Sales were 15.5% higher annually. "Home sellers are seeing their homes go ... Flag as irrelevant
	CNBC Stocks making the biggest moves in the premarket: Tiffany, Abercrombie & Fitch, Abbott Labs & more CNBC Take a look at some of the biggest movers in the premarket: Tiffany (TIF) – The luxury goods retailer reported a mixed quarter, with revenue below forecasts, but earnings beating analysts' estimates. Tiffany's results were helped by an improvement in sales in ... Flag as irrelevant
	TechCrunch LA gets a big SAAS exit as Fastly nabs the Culver City-based Signal Sciences for $775M TechCrunch Los Angeles was always more than a one industry town, even when it comes to technology startups, but media and entertainment (and social networking) were always the big draws in tinseltown. Now the city's enterprise tech scene can claim a really big ... Flag as irrelevant
	Motley Fool The Most Important Social Security Chart You'll Ever See Motley Fool Social Security benefits are an important source of retirement income, but for many current and future retirees, they are too important. That's because millions of Americans are currently too reliant on Social Security or will be in the future. Monthly Social ... Flag as irrelevant
	Chain Store Age Le Tote And Lord + Taylor Announce The Commencement Of Going Out Of Business Sales At All Of Their Iconic Stores PRNewswire NEW YORK, Aug. 27, 2020 /PRNewswire/ -- Le Tote, Inc. and Lord & Taylor LLC (together with their respective subsidiaries, the "Company"), will commence Going Out of Business Sales shortly at the historic brands' 38 iconic stores and on ... Flag as irrelevant
	USA TODAY Keep your hands clean: Delta adding in-flight hand sanitizing stations during pandemic USA TODAY Delta Air Lines, hoping to be known as the airline with the most comprehensive coronavirus safety measures, is adding in-flight hand sanitizing stations. The Purell dispensers, up to five per flight depending on the size of the plane, will be located near the ... Flag as irrelevant
	U.S News & World Report Money Tiffany Beats Profit Estimates, Signals Recovery After Pandemic Blow The New York Times (Reuters) - Tiffany & Co, which this week delayed the close of its $16.2 billion sale to France's LVMH, on Thursday reported a stronger-than-expected quarterly profit and signaled an uptick in sales due to a recovery in China and online demand. The U.S. ... Flag as irrelevant
	Barron's Abbott Stock Jumps Because a New Rapid Covid-19 Test Could Bring Huge Sales Barron's The Food and Drug Administration issued a new emergency-use authorization Wednesday night for a quick, inexpensive Covid-19 test developed by Abbott Laboratories that can be administered by health-care providers using no specialized devices. Flag as irrelevant
	Forbes You Can Now Have Beyond Meat Shipped To Your Door Forbes Meatless meats may soon be a staple in many fridges throughout the U.S, thanks to Beyond Meat. Beginning August 27, 2020, the company will ship a selection of its products direct to consumers' doorsteps through its new e-commerce site. Available for order ... Flag as irrelevant
	Crain's Chicago Business Exelon announces plans to close 2 nukes absent a state rescue Crain's Chicago Business Exelon announced it's closing two of the five nuclear stations that serve the Chicago area. The Dresden plant in Grundy County and the Byron station south of Rockford will shut in fall 2021. Exelon has warned that those plants would close without legislation ... Flag as irrelevant
	Miami Herald Wynwood train station gets $2 million private backing as part of county rail plan Miami Herald Wynwood business leaders are backing construction of a train station to serve commuters in the trendy enclave — part of Miami-Dade's plan to expand local rail in its northeast corridor. The Wynwood Business Improvement District said Wednesday it has ... Flag as irrelevant
	TechCrunch After early-COVID layoffs, Hipcamp is buying competition, hiring TechCrunch When shelter-in-place was first announced in the United States, most companies in the travel space saw bookings drop. Some shuttered. Hipcamp, a San Francisco-based startup that provides private land for people who want to go glamping or camping, ... Flag as irrelevant
	Reuters FDA warns against hand sanitizers that look like drinks Reuters (Reuters) - The U.S. Food and Drug Administration (FDA) on Thursday warned of alcohol-based sanitizers being packaged and sold in containers that appear like food or drinks. At a time when health agencies are pushing for better hand hygiene to curb the ... Flag as irrelevant
	The Detroit News Google location-tracking tactics troubled its own engineers The Detroit News Google's own engineers were troubled by the way the company secretly tracked the movements of people who didn't want to be followed until a 2018 Associated Press investigation uncovered the shadowy surveillance, according to unsealed documents in a ... Flag as irrelevant
	Motley Fool Dollar Tree's Profit Grows 45% in Second Quarter Motley Fool On Aug. 27, Dollar Tree (NASDAQ:DLTR) reported earnings for the second quarter of 2020. The company owns both the Dollar Tree and Family Dollar discount-retail chains. Including results from both chains, total net sales increased 9% year over year to ... Flag as irrelevant
	TravelPulse Carnival, Princess Cancel Australian Cruises Through December TravelPulse As a result of coronavirus-related travel restrictions in Australia, Carnival Cruise Line and Princess Cruises have announced they have extended the pause on operations in the region into December. Carnival revealed the Carnival Spirit and Carnival ... Flag as irrelevant
	San Francisco Chronicle Wine scion Angelina Mondavi acquires well-regarded Sojourn Cellars, growing her empire San Francisco Chronicle A scion of Wine Country's most famous family is continuing to build her own empire. Winemaker Angelina Mondavi has acquired Sojourn Cellars, a well regarded producer of single-vineyard Sonoma County Pinot Noir, following her purchase in January of the ... Flag as irrelevant
	WFAA.com State Fair of Texas will hold drive-thru event featuring food staples and photos with Big Tex WFAA.com Texans can rejoice a bit because they can still get their state fair fare fix after all. For the first time in its 134-year history, the State Fair of Texas has announced a special event called "Big Tex Fair Food Drive-Thru." Fair organizers say the event will be held in ... Flag as irrelevant
	TravelPulse Allegiant Adds Seven New Routes With Fares From $29 One-Way TravelPulse Allegiant Air—one of the best in North America for COVID-19 traveler safety measures—is celebrating the announcement of seven new nonstop routes with fares starting from just $29 each way. Trending Now. Deals Alert! Southwest Airlines Boeing 737 ... Flag as irrelevant
	Fox Business Ford, Bosch demonstrating automated parking valet in Detroit garage Fox Business For the past decade, Ford has been selling vehicles that can pull themselves into a parking space while controlling the steering, throttle and brakes as long as a driver is sitting inside of them to keep an eye on things. That may change soon. Continue Reading ... Flag as irrelevant
	Wall Street Journal Forget Interest. Startup PrizePool Hopes to Bring in Savers With Cash Prizes Wall Street Journal PrizePool Inc., a startup launching today, is hoping to help Americans save more by dangling something they love in front of them: a cash prize. PrizePool has raised $4.25 million in seed funding led by Accomplice and Bling Capital, with participation from ... Flag as irrelevant
	TechNode China shares end higher on industrial profits, tech rebound Reuters ... * Shanghai Composite +0.61%, CSI300 +0.54%. * ChiNext rises 1.7%, CSI tech sub-index up 2.34%. * China industrial profits rise faster than expected in July. SHANGHAI, Aug 27 (Reuters) - China shares closed higher on Thursday, lifted by new data ... Flag as irrelevant
	The Independent Rolls-Royce loss widens, won't recommend dividend MarketWatch Rolls-Royce Holdings PLC said Thursday pretax loss for the first half of 2020 widened and the board won't recommend an interim shareholder payment for 2020 due to the coronavirus pandemic. The U.K. engineering company said it has identified a number ... Flag as irrelevant
	24/7 Wall St. Has Coty Done Enough to Turn Around Its Awful Quarterly Results? 24/7 Wall St. Coty Inc. (NYSE: COTY) reported fiscal fourth-quarter and full-year 2020 results before markets opened Thursday. The beauty products company reported quarterly adjusted diluted loss per share of $0.51 on revenues of $922.1 million. In the same period a ... Flag as irrelevant
	Valdosta Daily Times COVID-19 Pandemic Impact on Global Hazmat Suits Market 2020-2024 | Technavio Valdosta Daily Times LONDON--(BUSINESS WIRE)--Aug 27, 2020--. The hazmat suits market is expected to register a CAGR of almost 9% during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic ... Flag as irrelevant
	Dayton Business Journal Dayton nonprofit inks merger with Central Ohio healthcare agency Dayton Business Journal Susan McGovern, executive director, said the merger should provide an influx of financial and people resources to help the locally based nonprofit expand its services. Courtesy of Susan McGovern. By Jacob Fisher – Staff Reporter, Dayton Business Journal. Flag as irrelevant
	WNYT Tesla On 'Autopilot' Slams Into Police Cars WNYT (WRAL/NBC News) A North Carolina man was driving his Tesla on "autopilot mode" early Wednesday when he nearly missed hitting a Nash County deputy standing outside his cruiser – before crashing into patrol cars from the Nash County Sheriff's Office ... Flag as irrelevant
	Global Banking And Finance Review Photronics: Fiscal 3Q Earnings Snapshot STLtoday.com BROOKFIELD, Conn. (AP) — Photronics Inc. (PLAB) on Thursday reported fiscal third-quarter profit of $10.8 million. On a per-share basis, the Brookfield, Connecticut-based company said it had net income of 17 cents. The results exceeded Wall Street ... Flag as irrelevant
	ReneSola: 2Q Earnings Snapshot Houston Chronicle STAMFORD, Conn. (AP) _ ReneSola Ltd. (SOL) on Thursday reported second-quarter earnings of $3.1 million. The Stamford, Connecticut-based company said it had net income of 6 cents per share. Earnings, adjusted for non-recurring costs, were 8 cents ... Flag as irrelevant
	ETAuto.com Tata Motors scrip gains 17% in three days post 'zero debt' target announcement ETAuto.com Tata Motors' debt had swelled from as low as Rs 13,900 crore at the end of fiscal 2018, a year when it had reported strong sales volumes both at home and the Jaguar Land Rover unit.(In picture: Tata Altroz) Tata Motors has taken a leaf out of the Reliance ... Flag as irrelevant
	Paul Eisenstein Porsche Panamera Get Updated for 2021 Paul Eisenstein by Joseph Szczesny | Aug 27, 2020. Porsche's new Panamera line-up for 2021 features a slew of upgrades. When the 2021 Porsche Panamera reaches the United States early next year, it will have key improvements to the interior, powertrains, including a ... Flag as irrelevant
	Financial Express RBI has not exhausted ammunition to fight situation due to pandemic, says Shaktikanta Das Financial Express Das reiterated his comments after the policy review on August 6 and listed out the benefits which have accrued because of the rate cuts from the perspective of lowering the cost of borrowing in the economy. Das reiterated his comments after the policy review ... Flag as irrelevant
	The Sydney Morning Herald Afterpay adds Asia to expansion targets as COVID fears fade The Sydney Morning Herald Buy now, pay later juggernaut Afterpay says the online boom caused by the coronavirus pandemic has given the company the confidence to double down on its growth plans after announcing Asia as its next target market. "The three to four months that we ... Flag as irrelevant
	Reuters India Auto tech firm Veoneer teams up with Qualcomm on driver software Reuters India STOCKHOLM (Reuters) - Veoneer will cooperate with Qualcomm Technologies on developing software for its driver assistance systems, the auto technology firm said on Thursday, sending its shares sharply higher. The Swedish maker of vision systems, ... Flag as irrelevant
	NBC New York Revel, Scooter-Sharing Service, Returns to NYC After Changes to Safety Measures NBC New York Three people died as a result of Revel crashes on July 18, July 25 and July 28; the company shut down in NYC after the third crash. Published 1 hour ago • Updated 13 seconds ago. Pause. 0:37. Revel, Scooter-Sharing Service, Returns to NYC. Replay. Flag as irrelevant
	KEYT Elon Musk is now the fourth-richest person in the world. He's about to get even richer KEYT Elon Musk is worth $96 billion, making him the fourth-richest man in the world, according to Bloomberg. He's about to get a lot richer. The Tesla CEO takes no regular salary, but in 2018 shareholders approved a pay package that could eventually give him ... Flag as irrelevant
	WhichCar The Mercedes-Benz GLA grows up for its second generation WhichCar The original GLA copped a bad rap. Roundly panned by the press, it was criticised for the simple fact it wasn't very convincing. It lacked room and ability, plus it couldn't shake the perception that it was merely an A-Class in stilettos. Of course, none of this ... Flag as irrelevant
	Flightglobal Vertical Aerospace joins the tilt-rotor race with new VA-1X eVTOL New Atlas Moving on from the squat, chunky Seraph and its basic manned multirotor design, Britain's Vertical Aerospace has released designs for an upcoming five-seat tilt rotor air taxi it's calling the VA-1X that can take advantage of efficient winged flight. The design ... Flag as irrelevant
	BloombergQuint City First-Broadway Deal Will Create Biggest Black-Led US Bank BloombergQuint (Bloomberg) -- City First Bank of D.C. in Washington and Los Angeles-based Broadway Federal Bank agreed to merge, creating the biggest Black-led bank in the U.S.. The yet-to-be-named company will focus on commercial lending that aims to advance ... Flag as irrelevant
	Business Standard US says China 'bullying' UK, cites HSBC Hong Kong-related accounts Business Standard US Secretary of State Mike Pompeo on Wednesday renewed criticism of British Bank HSBC for its reported treatment of customers linked with the pro-democracy movement in Hong Kong, saying China was "bullying" the United Kingdom. Pompeo cited ... Flag as irrelevant
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