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Fed Chair Sets Stage for Longer Periods of Lower Rates Jerome H. Powell, the chair of the Federal Reserve, announced a major shift in how the central bank guides the economy, signaling it will no longer raise interest rates to keep the unemployment rate from falling too far and that it will allow inflation to run ...
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WPP Shares Climb as It Says the Worst of the Crisis Is Likely Over WPP WPP 6.87% PLC shares jumped Thursday after the ad holding company reinstated its dividend and said the impact of the coronavirus crisis in the second quarter wasn't as bad as it had feared. WPP, which owns GroupM and VMLY&R, reported global ...
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Delta has banned nearly 250 passengers for refusing to wear masks (CNN) — Delta Airlines' mask policy is not a suggestion, it's mandatory. Passengers refusing to abide by the rule to keep masks on at all times (save eating or drinking) don't get to fly with Delta. It's just that simple. As of August 27, Delta said it has banned ...
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Walmart is teaming up with Microsoft on TikTok bid Walmart confirmed it's teaming up with Microsoft in a bid for TikTok. · TikTok is nearing an agreement to sell its U.S., Canadian, Australian and New Zealand operations in a deal that's likely to be in the $20 billion to $30 billion range, sources say.
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Why Palantir's departure won't doom Silicon Valley This is the web version of Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. Fortune senior writer Michal Lev-Ram in for Adam this morning.
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Pfizer could score fast COVID vaccine nod, thanks to Hahn's promise of October FDA review: analyst Pfizer should complete enrollment of its 30,000-person trial of its COVID vaccine next month and have initial data by mid-September, Mizuho predicted. (Guschenkova/iStockGettyImages). Share Facebook Twitter LinkedIn Email Print. FDA Commissioner ...
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UPDATE 1-Central banks must talk directly to public to stem misinformation- Bank of Canada governor (Adds further comments from governor). By Julie Gordon and Kelsey Johnson. OTTAWA, Aug 27 (Reuters) - Central banks must explain their actions clearly to the people they serve to preserve public confidence amid a flood of misinformation during the ...
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Hudson Yards developer says Related is collecting 50% of rents on New York City malls The owner of the Hudson Yards mall as well as The Shops at Columbus Circle in the Time Warner Center building in New York City said Related is collecting just over 50% of retail rents for its malls in Manhattan. CEO Jeff Blau said he is hopeful New York ...
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Virgin Atlantic to start Pakistan flights ISLAMABAD, Aug 27 (Reuters) - Virgin Atlantic will in December start services between Britain and Pakistan, where local airlines face a ban on flying to most European destinations due to a scandal over unqualified pilots. Virgin, 51% owned by Richard ...
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T-Mobile to buy Shentel wireless assets but price remains sticking point T-Mobile revealed in a Securities and Exchange Commission (SEC) filing that it will exercise an option to buy the wireless assets of Shenandoah Telecommunications (Shentel), a Sprint affiliate since 1995, including about 1.1 million subscribers. However ...
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Lowe's Expanded Tool Rental Business Isn't Really About Tool Rentals The initiative will establish opportunities to improve sales in one area where the company's been lagging the competition. James Brumley. (TMFjbrumley). Aug 27, 2020 at 8:15AM. Author Bio. James Brumley is former stockbroker with a large Wall Street firm, ...
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2022 Kia Stinger Gets More Power, Adds New 2.5T Engine The 2022 Kia Stinger's styling updates will be accompanied by a rejiggered engine lineup as well. Kia has announced that a turbocharged 2.5-liter inline-four will be newly available, sitting between the existing turbo 2.0-liter inline-four and twin-turbo, 3.3-liter ...
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Here's Why High-Yield Savings Account Rates Have Bottomed Out High-yield savings accounts have traditionally been touted as a way to earn a little extra money while saving, but many account holders have noticed the "extra" is pretty skimpy these days. In 2020, the annual percentage yield (APY) has fallen twice so far.
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Take a sneak peak inside Krispy Kreme's new Times Square flagship store opening in September Krispy Kreme's new flagship store is located on Broadway just across the street from M&M's World, and will feature the world's biggest hot light (yet to be unveiled). Krispy Kreme New York Flagship Store. Irene Jiang/Business Insider ...
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Navy Program Will Use AI on Drone Images to Predict Fleet Maintenance Needs The aircraft carrier USS Dwight D. Eisenhower (CVN 69), front, the amphibious assault ship USS Bataan (LHD 5) and the amphibious transport dock ship USS New York (LPD 21) transit the Arabian Sea, April 2, 2020. Brennen Easter/Navy. Get the latest ...
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You've heard of Walk Score? Realtor.com has added a flood score SANTA CLARA, Calif. —To help consumers better understand flood risk and take necessary precautions, Realtor.com now includes flood risk information on for-sale and off-market properties. Properties now display a Flood Factor from First Street Foundation, ...
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MidOcean Partners Buys Music Reports From Abry, Co-Founders MidOcean Partners on Thursday said it has acquired Music Reports Inc., which helps track royalties for musicians, from fellow private-equity firm Abry Partners and the company's co-founders for an undisclosed amount. MidOcean, a New York middle-market ...
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Tesla on autopilot hits police car as driver watches movie on cellphone Both the Tesla and Dodge Charger patrol car were severely damaged and the Charger bumped into the trooper's car, which knocked both him and the deputy to the ground, but no one suffered serious injuries in the incident, CBS 17 Raleigh reported.
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US rolls out free app for alerts on vehicle recalls DETROIT (AP) — The U.S. government's road safety agency is offering a smartphone app that will alert drivers if their vehicles are recalled. The National Highway Traffic Safety Administration was scheduled to roll out the free app for both Android and Apple ...
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Auto Tech Firm Veoneer Teams Up With Qualcomm on Driver Software STOCKHOLM — Veoneer <VNEsdb.ST> 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 ...
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Powerball results for 08/26/20; jackpot worth $37 million LANSING, MI – Three players won at least $1 million, but there was no winner of the $37 million Powerball jackpot for the drawing held on Wednesday, Aug. 26. That means the Powerball drawing on Saturday, Aug. 29 will be worth $47 million with a cash ...
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China's BeiGene to start human testing of COVID-19 antibody treatment in September Aug 27 (Reuters) - China-based drugmaker BeiGene Ltd said on Thursday that an early-stage human study to test its COVID-19 antibody treatment will begin in September. The trial will enroll 30 healthy people in Australia, while the enrollment for another ...
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Abercrombie & Fitch Posts Surprise Profit on Lower Costs, Online Boost (Reuters) - Abercrombie & Fitch Co reported a surprise profit on Thursday as the apparel retailer slashed costs and benefited from a surge in online orders during the COVID-19 pandemic, sending its shares up as much as 17%. The company has been ...
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Jersey Cash 5 lottery ticket worth $558K sold at convenience store A jackpot winning Jersey Cash 5 lottery ticket worth $558,521 was sold for Wednesday's drawing at a Somerset County convenience store. The lucky ticket matching all five numbers was bought at Krauszer's of Somerset, in the Somerset section of Franklin ...
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MTA could slash bus and railway service, eliminate resident discount if agency doesn't get federal $$ STATEN ISLAND, N.Y. -- Toll and fare hikes and wage freezes are on the horizon without federal funding due to the current fiscal crisis, the MTA warned, adding service reductions also could be in the future. "New York's economic future, and the country's, ...
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Arizona heating up as destination for California, international industrial expansion Arizona was already the recipient of a lot of corporate relocations or expansions from California, but that number has only grown in recent months, real estate experts say. Subscribe to get the full story. Already a paid subscriber? Sign in. Subscribe to get the
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Vail to use reservation system for on-mountain access, announces opening dates for 2020-21 season Vail and Beaver Creek will implement a reservation system to access the mountain during the 2020-21 season, Vail Resorts announced Thursday. Pass holders can reserve up to seven days total on their passes. When one day is scanned, another will ...
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Wrangler® Sets Ambitious New Goal to Halve Its Water Usage by 2030 GREENSBORO, N.C.--(BUSINESS WIRE)--Aug 27, 2020--. Wrangler®, a global icon in jeanswear and casual apparel, today announced plans to expand the scope of its water conservation efforts with a new global sustainability goal: a 50 percent reduction in ...
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Chipmaker Kioxia to raise up to $3.6bn in Japan IPO Kioxia Holdings, the memory chip business sold by Toshiba two years ago in an effort to avert financial disaster, will raise up to ¥378bn ($3.6bn) in Tokyo's biggest stock market listing this year. The indicative initial public offering ...
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Neu: Why businesses must support momentum toward renewable energy rather than trying to slow progress The road to the future isn't always smooth, but it sure beats the alternative. As a businessperson, I'm perplexed as to why some businesses in New Jersey oppose common-sense efforts to reduce pollutant emissions into our air that harm human and ...
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Restream Lands $50M Series A, Launches New Streaming Broadcast Center Multiplatform live streaming tool Restream launched its Restream Studio broadcasting production center Thursday, buoyed by a $50 million Series A round of financing. Subscribe to the Crunchbase Daily. The new Restream Studio enables customers to ...
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UPDATE 1-US LNG loading delays expected as hurricane slams Gulf Coast ... * Several LNG plants temporarily suspend operations. * U.S. LNG exports set to fall to lowest since Feb. 2019. * Several vessels heading toward Corpus Christi -Kpler (Adds latest pipeline flows to U.S. LNG export plants and storm status, previous ...
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Make the Most of Your Retirement with These Top-Ranked Mutual Funds - August 27, 2020 Our "Magnificent Retirement Mutual Funds" list includes some of the best managed and best performing funds around. If you're already invested in these, congratulations! But if you're just now discovering them, don't worry. When it comes to your retirement, ...
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SunPower concludes spin-off of Maxeon business August 27 (Renewables Now) - SunPower (NASDAQ:SPWR) today announced the formal separation of its international solar cell and panel manufacturing activities into a new Singapore-based company called Maxeon Solar Technologies (NASDAQ:MAXN).
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BetMGM Casino goes live in West Virginia BetMGM, jointly owned by MGM Resorts and GVC Holdings, has launched BetMGM Casino in West Virginia today, delivering a wide range of online casino games to gamblers in the Mountain State. BetMGM Casino goes live with 30 titles ranging from ...
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theScore seals agreement with Twin River for New Jersey online casino Score Media and Gaming Inc subsidiary Score Digital Sports Ventures Inc (theScore Bet) has secured market access to operate an online casino in New Jersey via a multi-year agreement with Twin River Worldwide Holdings Inc. theScore Bet anticipates ...
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New Silver Moon Completes Sea Trials The Silver Moon is one step closer to delivery for Silversea, having successfully carried out her sea trials between August 8 and August 20, according to a press release. Carrying a reduced crew of approximately 320 due to precautionary health protocols, the ...
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