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Devon Energy Absorbs WPX In Oil Industry 'Merger Of Equals' In what's being billed as a merger of equals, Devon Energy DVN +3.2% will acquire WPX Energy in an all-stock deal that gives WPX shareholders five out of 12 board seats and .5165 Devon shares for each of theirs, amounting to 43% of "New Devon.".
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Virgin Galactic jumps 25% in its second best day ever after getting Wall Street's full endorsement Virgin Galactic shares surged nearly 25% in trading Monday, on pace for its fourth-biggest jump on record. The move came after Wall Street continued to set higher expectations for the space tourism stock, with a unanimous eight buy ratings. "No company in ...
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Ransomware hack cripples United Health Services hospitals, facilities across the US A nationwide cyberattack has crippled operations at Universal Health Services, one of the nation's largest health care providers. As a result, health care personnel reportedly began keeping records on paper as computer systems began failing over the ...
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Chicago Announces Eased Coronavirus Business Restrictions CHICAGO — Mayor Lori Lightfoot on Monday announced eased coronavirus restrictions on city businesses including boosting indoor occupancy levels for restaurants and health clubs. "Over the past six months, we have asked so much of our business ...
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Ohio tells GM to repay tax break after it shut down plant LORDSTOWN, Ohio — General Motors must repay roughly half of a $60 million tax incentive package because of its broken promise to keep open its assembly plant near Youngstown, a state agency said Monday. Support our journalism. Subscribe today.
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United Airlines pilots accept deal to avoid nearly 3000 furloughs United Airlines pilots agreed to a deal that will spare almost 3,000 pilots from furloughs through at least June. Pilots agreed to work fewer hours, with the most junior pilots who were at greatest risk of furloughs facing the greatest reductions, according to the ...
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CDC Recommends Virtual Gatherings This Thanksgiving: Guidelines ATLANTA, GA — The Centers for Disease Control and Preventions (CDC) has shared guidelines on how families can have a safe Thanksgiving this year. Smaller dinners and virtual gatherings are highly recommended, according to the CDC. Holiday travel ...
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Trump administration imposes restrictions on China's biggest chip maker: reports The Commerce Department warned U.S. companies of steps it must take before exporting parts to China's biggest manufacturer of computer chips, saying Friday that there is an "unacceptable risk" that parts sold to Semiconductor Manufacturing International ...
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Tortoise Acquisition Shareholders Just Approved Its Merger With Hyliion In a statement on Monday, Tortoise (ticker: SHLL) said shareholders representing a majority of shares voted in favor of combining with Hyliion. Management expects the merger to close on Thursday, after which Tortoise stock will convert to Hyliion stock and ...
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Canadian auto workers OK contract with Ford Ford Motor Co. of Canada on Monday finalized a new labor agreement with Canadian autoworkers that will bring a $1.5 billion (U.S.) investment from the automaker to build battery-electric vehicles in Canada. Unifor union members who work for Ford ratified ...
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Microsoft's Enterprise Security Lineup Gets a 'Defender'-Centric Rebrand Microsoft renamed many of its enterprise security solutions at Ignite last week to include the phrase "Microsoft Defender." The rebrand is complicated by the fact that Microsoft Defender is already the name of the anti-malware software that comes with Windows ...
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Former Amazon manager made $1.4 million from insider trading, SEC alleges The commission alleges that Laksha Bohra, who worked as a senior manager in Amazon's tax department, had access to confidential information from Amazon ahead of the company's quarterly and annual earnings reports. The family allegedly profited ...
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National Coffee Day 2020: Find Deals Across Newton NEWTON, MA — Coffee lovers rejoice: National Coffee Day is on Tuesday. Although how the holiday came to be is a bit cloudy, it's become a day for deals related to the morning pick-me-up in the past decade. The main chain coffee shops all seem to have an ...
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Kroger to build $95 million fulfillment center in Romulus, creating 250 jobs Kroger announced Monday its has picked Romulus as the site for a $95 million customer fulfillment center aimed at the rapidly growing online grocery shopping segment. The high-tech automated center, one of three planned by Kroger in the U.S., will create ...
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Open or closed? Town officials have to decide to what to do about public buildings during COVID-19 outbreak As the weather turns colder, some Massachusetts cities and towns are setting plans to reopen their facilities to the public. Others don't plan to fully reopen municipal buildings anytime soon and they say some of the new ways they've been connecting with ...
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Hertz CFO steps down, finance VP Cheung takes on role Hertz Global Holdings Inc. HTZ, +0.82% said late Monday that Kenny K. Cheung, recently promoted to executive vice president of finance, took on the role of chief financial officer last week. Cheung succeeded R. Eric Esper, promoted to CFO in August.
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US judge dismisses New Mexico privacy claims against Google ALBUQUERQUE, N.M. (AP) — A U.S. district judge has dismissed New Mexico's privacy claims against Google over privacy concerns, but New Mexico's top prosecutor vowed Monday to continue the legal fight to protect child privacy rights. The judge ...
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Interface, ex-CFO Fined $5M for Inflating Earnings The SEC says the carpet maker adjusted its accounting when its forecasts indicated it would likely fall far short of analysts' earnings estimates. Linkedin Share · Facebook Share · Twitter Share · Mail Share ...
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18M homeowners missing out on mortgage refinance savings, study says Nearly 18 million homeowners are potentially missing out on mortgage refinance savings, according to a recent report from Black Knight, a data analytics firm. Continue Reading Below. Mortgage rates have stayed near historic lows for the past few months, ...
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Marijuana Stocks: Aurora Cannabis Stock Falls As Nelson Peltz Departs Aurora Cannabis stock fell on Monday after the Canadian cannabis producer said that activist investor Nelson Peltz had resigned as a senior advisor, the latest shake-up for a company trying to rein in costs and find a way to profitability. X. This video file ...
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Why SunPower Corporation Stock Just Popped 9% SunPower (NASDAQ:SPWR) stock is glowing green today, apparently buoyed by a positive report on the progress of solar power, in general, which was just released by the U.S. Energy Information Administration (EIA). In afternoon trading, SunPower shares ...
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Carnival Cruise Line's Mardi Gras Sets Out on Sea Trials (1:45 p.m. EDT) -- Carnival has sent its hotly-anticipated cruise ship Mardi Gras out on its first sea trials. The trials, which test a ship's technical and marine handling capabilities, began today from the Meyer Turku shipyard in Turku, Finland. They are expected ...
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Amazon expands Canadian footprint, plans to add 3500 new jobs in Vancouver, BC and Toronto, ON Amazon is expanding its reach in our neighbor to the north and building up its Canadian tech hubs with new plans to add 3,500 jobs in Vancouver, British Columbia and Toronto, Ontario. 3,000 of those jobs will be located in Vancouver, just two hours north of ...
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LabCorp aims to take Genfit's NASH liver diagnostic blood test into primary care Earlier this year, Genfit published data in The Lancet showing its NIS4 test could work better than other noninvasive tests to diagnose advanced cases of NASH, and provided clear results across different groups of patients with Type 2 diabetes and high blood ...
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NTT to Take Mobile Unit Docomo Private for $38 Billion, Nikkei Reports Nippon Telegraph and Telephone Corp. plans to turn its wireless carrier unit NTT Docomo Inc. into a wholly owned subsidiary through a tender offer that would be Japan's largest ever, the Nikkei newspaper reported. The deal will be announced "soon," the ...
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Tesla Reportedly Seeking Stake in Battery Giant LG Tesla (NASDAQ:TSLA) is seeking to buy a stake in LG Chem's (OTC: LGCLF) battery business, according to a new report, a first for the upstart electric automaker. The Korea Times reports that Tesla is "exploring" the possibility of taking a stake of up to 10% in ...
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2020 bites! Longtime Dallas-Fort Worth weatherman bitten by rattlesnake. The year 2020 continues to bite. For longtime North Texas weatherman David Finfrock, literally. The KXAS/Channel 5 legend was bitten by a rattlesnake while volunteering at a nature preserve in Cedar Hill on Monday morning.
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Thor Industries Crushes Earnings Views As Coronavirus Pandemic Fuels New RV Buyers Recreational-vehicle maker Thor Industries (THO) is cruising along as travelers turn to road trips during the Covid-19 pandemic, reporting a surprise profit gain while its backlog soars. Thor Industries stock was little changed. X. This video file cannot be played.
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VW, China partners to invest $17B in electrified vehicles BEIJING -- Volkswagen Group said Monday it plans to invest about 15 billion euros ($17.44 billion) in electric mobility with three local joint ventures in China. The investment will allow VW and FAW Group, SAIC Motor and JAC to build 15 different full-electric ...
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Ranstad US looks to fill 900 call center jobs in Durham As open enrollment season approaches, hundreds of job openings need to be filled in the Triangle. Human resources services firm Randstad U.S. confirms it's planning to hire 900 people in Durham to assist its clients with open enrollment in benefits plans.
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Another US airline will offer COVID-19 testing to customers The day after United Airlines announced it would soon offer COVID-19 tests to customers flying from California to Hawaii, Hawaiian Airlines said it would offer the same. Related Links. Travelers can soon get a COVID-19 test through this U.S. airline · This ...
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ShipBob lands $68 million, led by giant SoftBank Like Amazon, the Chicago-based logistics startup is benefiting from the COVID-related boost in e-commerce. John Pletz. Technology and airlines. Tweet · Share; More. Share · Email · Reprints Print. e-commerce boxes conveyor belt shipping logistics. Getty.
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State Unveils Battery-Electric Buses in Bridgeport State officials were in Bridgeport Monday morning to unveil the first battery-electric buses used to serve the public in Connecticut. Gov. Ned Lamont was joined by other federal, state, and local officials for the event at the Greater Bridgeport Transit bus garage.
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ASX to rise, global equities rally Australian shares are set to open higher amid a broad, global bounce in equities. ASX futures were up 29 points or 0.5% to 5973 near 6am AEST. The currency was 0.6% higher. Shares in New York were broadly higher. At 4pm, the Dow was up 410 points or ...
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AAA: Lower gas prices likely to continue into the fall At $2.11 per gallon, Massachusetts gas prices this week are down four cents a gallon from a month ago and 49 cents a gallon compared to a year ago, according to AAA Northeast. Gas prices here dropped by a penny over the past week and are seven cents ...
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ESG funds in 10 points: Investment with a conscience The ESG funds are increasingly becoming popular in the mutual fund industry in India. The ESG funds, which factor in the environment, social responsibility and corporate governance aspects of a company during investment, are sought after abroad. In India ...
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Sam's Club drops holiday 'spirits' calendar Sam's Club is already making spirits bright this year with the release of its 12 Days of Wine Calendar. The Sam's Club holiday 'spirits' advent calendar contains one dozen California made 187ml bottles of wine. The bottles of wine are the perfect size for ...
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Dollar near two-month high amid economic, political risks LONDON (Reuters) - The dollar traded near a two-month peak against a basket of currencies on Monday, as doubts about economic recovery persisted before a barrage of economic data and political developments in the United States. FILE PHOTO: U.S. ...
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New indoor guidelines for Massachusetts restaurants go into effect BOSTON — Starting Monday, Massachusetts' COVID-19 regulations will allow more people to share a table at restaurants and bar seating will be permitted for food service use. Gov. Charlie Baker emphasized that bars remain closed in the state but said the ...
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Hyundai's RM20e prototype offers up to 810 electric horsepower Hyundai finally took the covers off the electric race car prototype it's jointly developed with electric supercar builder Rimac, the RM20e, in late September, showing off an EV hatchback with mid-mounted electric motors. The motors can turn out 810 horsepower ...
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Grocery stores, food producers beef up inventory for potential second wave of COVID-19, holiday shopping rush Grocers are looking to beef up their inventory ahead of the upcoming holiday shopping season and in preparation for a potential second wave of COVID-19. According to the Wall Street Journal, Associated Food Stores has recently started building "pandemic ...
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Do You Need a Security Drone in Your Home? Amazon subsidiary Ring has been selling a slew of high-tech security products for years, but its upcoming Ring Always Home Cam might cross the Rubicon. It's not just a security camera, but a $250 indoor drone that promises (threatens?) to monitor your ...
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Weibo owner Sina to be taken private by CEO in $2.6 billion deal Sina Corp, owner of social media platform Weibo, will be taken private by a holding company led by Chief Executive Officer Charles Chao in a $2.6 billion deal, the Chinese internet company said on Monday. The offer price of $43.3 represents an 18% ...
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India to contest Vodafone arbitration judgement: Report The Indian government plans to contest the judgement on the Vodafone arbitration award in Hague. It will also reach out to international pension and insurance funds to reassure them, the Business Standard reported. Vodafone Holdings BV, which is the ...
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Cream of Wheat to remove Black chef image from packaging Cream of Wheat parent company B&G Foods said the image of a smiling Black chef would be removed from the product's packaging. "While research indicates the image may be based upon an actual Chicago chef named Frank White, it reminds some ...
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Trump Administration doubles down on WeChat ban, casting pall over US-China trade, observer says The Trump Administration's attempt to prevent the use of the WeChat app within the United States has sent shock waves through that portion of the US dietary supplement industry involved with trade to and within China, an observer says. Earlier this month the ...
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In first presidential debate, what will we hear about the economy? The U.S. economy is among the six topics selected for the first presidential debate tomorrow night in Cleveland, Ohio. When it comes to the economic response to the COVID-19 pandemic President Trump and his Democratic opponent former Vice President ...
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Corona in Europe – How the Netherlands is getting entangled in a chaotic communication web For Innovation Origins, Jelmer Visser analyzes the movements of the coronary pandemic in Europe. Today: The Netherlands, where policy is characterized by a lack of vision, decisiveness and leadership. 28 September 2020 ...
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2021 1050HP Stage 2 Yenko Camaro Now Available from Chevrolet Dealers TOMS RIVER, N.J., Sept. 28, 2020 /PRNewswire/ -- Specialty Vehicle Engineering, Inc. (formerly SLP) is pleased to announce the availability of the all-new, outrageously fast, 2021 YENKO/SC® Stage II Camaro, powered by a custom built 1050HP 416 C.I.D. ...
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'Our rivers are poisoned': Residents raise Rio Tinto human rights claims More than 150 Bougainville residents are petitioning the Australian government to investigate Rio Tinto over claims its failure to clean up millions of tonnes of waste from its former copper mine on the island has caused severe environmental damage and ...
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