Thursday, October 1, 2020

Google Alert - finance

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finance
As-it-happens update October 1, 2020
NEWS
CNBC
U.S. stock futures rose in early morning trading, as investors braced for the start of the fourth quarter with hopes of fiscal stimulus. Dow futures rose 198 points. S&P 500 futures and Nasdaq 100 futures also both traded in positive territory. White House chief of ...
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Insurance Journal
The Allstate Corp. said it will cut approximately 3,800 jobs in claims, sales, service and support functions as part of its continuing plan to grow its property/casualty market share. The layoffs will affect about eight percent of the insurer's 45,780 workforce.
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Reuters
BENGALURU (Reuters) - Indian shares rose on Thursday, led by media stocks, after the federal government allowed states to open movie theatres, while the government of Maharashtra, home to the financial capital Mumbai, said it would reopen bars and ...
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CNBC
U.S. West Texas Intermediate crude futures slipped 1 cent to $40.21 a barrel at 0146 GMT, after jumping 2.4% on Wednesday. Brent crude futures rose 3 cents to $42.33 a barrel, after falling 0.2% overnight. U.S. Treasury Secretary Steven Mnuchin said talks ...
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Financial Express
BENGALURU, Oct 1 (Reuters) - Shares of India's two largest multiplex operators PVR Ltd and Inox Leisure Ltd surged in morning trading on Thursday, after the government said it would allow states to reopen movie theatres at half their capacity from Oct. 15 ...
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Reuters
WASHINGTON (Reuters) - The U.S. Federal Reserve will curb big bank capital distributions through the end of the year, meaning the likes of JPMorgan Chase & CoJPN., Citigroup Inc.C.N, Wells Fargo & CoWFC.N and Bank of America Corp.BAC.Nwill be ...
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MarketWatch
STMicroelectronics NV raised its revenue outlook for the year after third-quarter revenue came in above previous guidance thanks to better-than-expected market conditions in some of its segments, such as automotive products. The European chip maker said ...
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MarketWatch
Veolia Environnement SA agreed late Wednesday to extend its improved offer to buy a 29.9% stake in waste-management company Suez SA from Engie SA, as requested by Engie shortly before. The French resource-management company's decision came ...
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New York Post
Forget Tesla. Shares of Elon Musk's rocket company are soaring to new heights on growing excitement over its burgeoning satellite business, The Post has learned. Demand for privately held shares of SpaceX has jumped 25 percent in recent weeks, driven ...
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Whole life insurance, sometimes called permanent insurance or ordinary life, is designed to stay in force throughout one's lifetime. As long as the policy owner meets his or her obligations under the policy, it remains in force, regardless of any changes in ...
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Bloomberg
Singapore Telecommunications Ltd. named Yuen Kuan Moon as group chief executive officer to succeed Chua Sock Koong, who will retire on January 1 after more than three decades with Southeast Asia's biggest telecom operator. Yuen, currently the ...
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Motley Fool
The bones of bankrupt Remington Arms continue to be picked clean as Sturm, Ruger (NYSE:RGR) announced it was acquiring the gunmaker's Marlin Arms for $30 million. Remington has accepted the offer and the bankruptcy approved the sale.
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San Francisco Business Times
An East Bay drug maker that hoped to win FDA approval next month of its migraine-fighting patch saw its stock tumble Wednesday after disclosing that the regulator raised concerns that put the drug-device's near-term approval in doubt. Zosano Pharma Corp.
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SCVNEWS.com
The newly completed Enchanted Princess was delivered to Princess Cruises Wednesday in an official handover ceremony presented via live streaming video from the Fincantieri Shipyard in Monfalcone, Italy. With the arrival of this 145,000-ton, 3,660-guest ...
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Bloomberg
HP Inc. agreed to pay $6 million as part of a settlement with the U.S. Securities and Exchange Commission on charges the printer maker violated antifraud law in its effort to boost sales of ink supplies. The technology company misled investors about the ...
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FiercePharma
GlaxoSmithKline CEO Emma Walmsley was one of nine CEOs who vowed not to file for approval of their COVID-19 vaccines before they successfully complete phase 3 trials—a move that helped boost pharma's reputation. (GSK). Share Facebook Twitter ...
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Financial Express
The manufacturing PMI increased from 52 in August to 56.8 in September, signalling back-to-back improvements in the health of the sector. manufacturing, PMI, factory output, factory, new orders,. Indian manufacturers lifted the output for the second ...
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Washington Post
Ohio's minimum wage is scheduled to increase on Jan. 1, 2021 to $8.80 per hour for non-tipped employees and $4.40 per hour for tipped employees. The minimum wage will apply to employees of businesses with annual gross receipts of more than $323,000 ...
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Mass Device
Medtronic (NYSE:MDT) is under investigation by the federal government for allegedly limiting competition in the ventilator business, the company acknowledged late yesterday. The civil antitrust probe grew out of complaints about device shortages during the ...
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Business Standard
Topics. Fuel demand | Fuel consumption | petrol. Petrol-sales-up-2-in-September-diesel-down-. State companies Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum own about 90% of India's retail fuel outlets. India's petrol consumption rose 2 ...
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TravelPulse
The 'Flight to Nowhere' is becoming a phenomenon. As we previously wrote, the idea of getting on a plane with no destination, flying for several hours, and then returning to the same airport is gaining traction worldwide. In fact, Australia's Qantas Airlines ...
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wpdh.com
With the economy in the current state it's in due to the pandemic, many people are struggling to survive financially. According to a recent study, New York residents are in need of loans more than residents from any other state. The current unemployment rate ...
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menshealth.com
Even though Burger King announced that it would be rolling out the Impossible Whopper in its stores as a "limited offer" nationwide in August 2019, the burger has staying power. Not only is the Impossible Whopper still available at BK, the chain added the ...
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S&P Global
Tesla Inc. will meet with a network of Russian Indigenous activists campaigning for the electric vehicle company to boycott nickel supplied by PJSC Norilsk Nickel Co., the world's largest producer of high-grade nickel, according to one of the activists involved ...
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Economic Times
New Delhi: Gold prices declined marginally by Rs 26 to Rs 51,372 per 10 gram in the national capital on Wednesday amid weak global prices and rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs ...
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S&P Global
Empty retail properties "to let" on Richmond High Street in London, Sept. 24. The impact of the COVID-19 pandemic is expected to lead to many struggling retailers requesting turnover-based leases. Source: Getty Images. Retail property was once a simple ...
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WCTI12.com
Eastern North Carolina — The day after "technical issues" prevented some cases for being reported in North Carolina, almost 1,500 new COVID-19 cases were reported. A total of 210,632 cases have been reported overall -- an increase of 1,495, and ...
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Dairy Herd Management
A local feeding ministry will be able to hand out food boxes once again to those battling food insecurity in central Arkansas. I Feel the Need will be back in action throughout October and will host four free-food distribution drive-thru events. The U.S. ...
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CNET
Michael O'Rielly, a Republican member of the U.S. Federal Communications Commission, stated in clear terms that he will be leaving the commission by the end of the year. O'Rielly had been going through the renomination process for another term earlier ...
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