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Dow futures rise about 200 points as investors watch stimulus negotiations 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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Allstate to Cut 3800 Jobs as Latest Step in Multi-Year Growth Plan 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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Sensex, Nifty rise over 1%; multiplexes surge on reopening boost 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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Oil holds steady on hopes for US stimulus agreement 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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Multiplex stocks jump as India, home to Bollywood, allows theatres to reopen 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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US Fed to extend curbs on big bank buy backs, dividends through end of year 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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STMicroelectronics lifts outlook after better 3Q 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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Veolia to extend offer for Engie's Suez stake 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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Shares of Elon Musk's privately held SpaceX soar on satellite dreams 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 a key element of one's financial plan 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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Singtel's Next CEO Ready For New Opportunities Once Virus Slows 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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Sturm, Ruger to Acquire Remington's Marlin Firearms for $30 Million 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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FDA trips up Zosano Pharma's migraine patch 3 weeks before approval date 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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Enchanted Princess Officially Joins Princess Cruises Fleet 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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HP to Pay $6 Million to Settle SEC Charges on Sales Practices 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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GlaxoSmithKline CEO Walmsley: COVID-19 is pharma's chance for redemption 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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Manufacturing PMI at over 8-year high in September; industry raises output at full throttle 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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Ohio's minimum wage to increase in 2021 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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Feds target Medtronic in ventilator antitrust investigation 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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Petrol sales up 2% in September, diesel down 7.3% YoY: Indian Oil 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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New Data Says Many Americans Would Take 'Flight to Nowhere' 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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New Yorkers Need Loans More Than Any Other State 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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Here's What's Inside an Impossible Whopper From Burger King 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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Tesla to meet with Indigenous activists as it plots future supply chain 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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Gold falls Rs 26, silver declines Rs 201 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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Turning over a new lease: COVID-19 hastens shift to new retail leasing model 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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Sept. 30: Nearly 1500 cases reported after Tuesday's 'technical issues' 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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Free Food Friday back for October 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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FCC's O'Rielly confirms departure; agency votes to free up more midband for 5G 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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