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Dow holds modest gain but Wall Street focus on fiscal stimulus fuels rocky trade U.S. stock benchmarks were holding on to gains Thursday to start October and a new quarter, with investor attention on last-ditch negotiations for another fiscal stimulus package in Congress. How are equity benchmarks doing? The Dow Jones Industrial ...
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Ford's new CEO hopes to win over Wall Street and boost profit margins by doubling down on trucks and Mustangs On his first day as CEO of Ford, Jim Farley shook up his management team. CFO Tim Stone departed, and another executive was tasked with focusing exclusively on the Lincoln brand. But the biggest news was Ford's declaration that it would hit an elusive ...
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How Biden's $1.7 trillion climate plan would change America after Trump's Big Oil presidency Democratic presidential nominee Joe Biden's plan focuses on R&D for clean energy, tax credits to speed spread of renewable power and electric vehicles. Incumbent Republican Donald Trump has not proposed a climate plan. Biden' fuel-economy standards ...
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Rosewood Mansion On Turtle Creek Reveals Extensive Reimagination DALLAS, Oct. 1, 2020 /PRNewswire/ -- Rosewood Mansion on Turtle Creek®, the inaugural property of the ultra-luxury Rosewood Hotels & Resorts® collection, today unveils newly refurbished guestrooms and suites, an inviting lobby and inspired guest ...
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Exxon Mobil signals bigger-than-expected loss in third quarter (Reuters) - Exxon Mobil XOM.N could slip into a bigger-than-expected loss in the third quarter as the U.S. oil major struggles to cope with the effects of a pandemic-driven downturn in the energy industry. FILE PHOTO: Logos of ExxonMobil are seen in its ...
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US Auto Sales Show Signs of Recovery in Third Quarter General Motors Co.'s GM 2.74% U.S. sales fell for the third quarter but showed signs of strengthening as the American auto industry continued to recover from the coronavirus-related lockdowns that brought business to a near standstill this spring. The U.S. ...
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Hims, a direct-to-consumer health company, is going public via SPAC The company, which operates both men's and women's brands and is sometimes called Hims & Hers, will raise $280 million through a merger with a SPAC sponsored by Oaktree Capital Management. Once the transaction is completed ...
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Wall Street Ticks up Amid Hopes That Congress Can Deliver NEW YORK (AP) — Wall Street is ticking higher in Thursday morning trading with hopes that Washington can get past its partisanship to deliver more support for the economy. The S&P 500 was 0.3% higher as talks continue on a deal that could send more ...
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Salesforce: Digital Surge Could Strain Holiday Shipping, Delay Millions Of Gifts The highs will be high and the lows will be low. That in a nutshell is Salesforce's take on Holiday 2020, which it delivered in a press event on Wednesday (Sept. 30). The company's quarterly outlook predicted huge numbers for eCommerce, which will result in ...
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Oxy to sell Colombia assets for $825M Occidental Petroleum plans to sell its Colombia assets to The Carlyle Group for around $825 million, a boon for the debt-addled Houston oil and gas company. The sale includes onshore operations in the Llanos Norte, Middle Magdalena and Putumayo ...
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Singapore Airlines Has Converted a Parked A380 Plane Into a Restaurant As the pandemic stretches on and many planes remain grounded, one thing is becoming clear: People really miss flying. Flights to nowhere, in which planes take off and land at the same airport, are consistently selling out, and even just listening to airline ...
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This Industrial Stock Is a Great Buy for Dividend Investors Emerson Electric (NYSE:EMR) has raised its dividend every year for the last 64 years and it looks highly likely that it will be able to continue raising it for the foreseeable future. Sporting a 3.1% yield as of this writing, the stock is a very good fit for ...
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Why Nikola Popped Another 23% Today Nikola (NASDAQ:NKLA) shares jumped 23% today, as of 11:25 a.m. EDT. Shares are still down 33% since short-seller Hindenburg Research released a report on Sept. 10 that triggered a chain of events that included the resignation of founder and executive ...
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Gap plans holiday hiring to bulk up warehouses, call centers Like many other retailers, Gap said it is looking to hire more people to pack online orders and prepare shipments for the 2020 holidays, expecting a surge in its digital business. It is also looking for extra staffing for its contract-free services, like curbside pickup.
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Why AMAG Pharmaceuticals Stock Is Skyrocketing Today Shares of AMAG Pharmaceuticals (NASDAQ:AMAG) were skyrocketing 44.6% higher as of 11:10 a.m. EDT on Thursday. The huge jump began Thursday morning after Bloomberg reported that Covis Pharma, a drugmaker backed by Apollo Global ...
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Corporate diversity programs could receive a boost from Glassdoor's anonymous insider reviews Panel at 2017 San Francisco conference on inclusivity in tech companies. Photo: Tom Foremski. see also. You want diversity, inclusion in tech? Embrace remote work. Tech giants have pledged to hire more people of color and address inequality. To deliver ...
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In bid to tackle pollution, England bans plastic straws, stirrers and cotton buds A ban on plastic straws, cotton buds and stirrers in England came into force on Thursday, in the latest attempt to mitigate the effect of plastic pollution on the environment. There are some exemptions to the newly-introduced measures: people with certain ...
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Playboy is going public 'Princess Bride' director and star discuss 2020 'fire swamp'. New York (CNN Business) Now you can buy Playboy and you don't have to hide it from your mom. The lifestyle brand announced Thursday its intention of becoming a publicly traded company after a ...
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ISM: Manufacturing Growth Steady in the Shadow of Virus U.S. manufacturing grew for a fourth month despite some sectors' continued struggle with the impact of COVID-19. Ryan Secard. Oct 01, 2020. The U.S. manufacturing sector held on to slow, steady growth for a fourth month running in September according to ...
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Battery Management System Market worth $24.83 Bn by 2027 Rise in demand for hybrid electric vehicles across the globe fuels the growth of the global battery management system market. At the same time, major battery manufacturers halted their production activities due to disrupted supply chain amid the lockdown ...
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Why your local Walmart will soon look like an airport Grounded fliers feeling nostalgic about walking through airports will find some solace in Walmart's new store designs. The giant retail chain is getting inspiration from airports as it revamps the layout and signage of its stores to speed up shopping and better ...
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Russian man sentenced for LinkedIn, Dropbox data breaches SAN FRANCISCO — A Russian man convicted of hacking LinkedIn, Dropbox and Formspring and stealing the personal information of more than 100 million customers was sentenced Wednesday to more than seven years in federal prison. Support our ...
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Mnuchin, Pelosi Fall Short Of Agreeing On New Stimulus Deal Despite talks over a two-day period to reach a compromise on a new stimulus package, House Speaker Nancy Pelosi (D-California) and Treasury Secretary Steven Mnuchin failed to strike a deal, CNBC reported. Earlier on Wednesday (Sept. 30), Mnuchin ...
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Overstock.com (OSTK) Rally May Not Be Over Yet Overstock.com, Inc. (OSTK) shares have rallied more than 900% over the past year, but Wedbush Securities sees more upside ahead. Key Takeaways. Overstock.com stock was added to Wedbush's Best Ideas List despite its significant run-up. Analyst Ygal ...
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Oncocyte, Chronix Enter Licensing, Collaboration Agreement for Liquid Biopsy Technology NEW YORK – Oncocyte said Thursday that it has agreed to enter a licensing and collaboration agreement with Chronix Biomedical. Under the agreement, Oncocyte is licensing Chronix's patented technology for blood-based copy number instability testing.
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Goodbye pumpkin spice? Say hello to fresh fall flavors. It's officially the first week of fall, and we're in the throes of pumpkin spice season. Or are we? In 2019, sales of pumpkin-flavored products hit a record high of $512 million. That's at least in part because of Starbucks' pumpkin spice latte, known as the PSL, ...
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Health insurer Anthem to pay nearly $40M to settle 2015 cyberattack Anthem, the health insurance company behind Blue Cross-Blue Shield, has agreed to pay nearly $40 million in another settlement over a 2015 cyberattack that compromised the personal information belonging to nearly 79 million people, officials said.
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Cigna Expands Medicare Advantage Offerings to Deliver Greater Affordability, Predictability and Choice to Customers NASHVILLE, Tenn., Oct. 1, 2020 /PRNewswire/ -- Cigna Corporation, a global health service company, is rapidly expanding its Medicare Advantage (MA) plans to make it easier for more customers to access affordable, predictable and simple health care.
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Pulmonx prices IPO at $19 a share, above proposed price range Pulmonx, a maker of treatments for lung diseases including emphysema, priced its initial public offering at $19 a share, above its proposed price range of $17 to $18. The company upsized the deal on Wednesday and raised the proposed price range.
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PREIT faces NYSE delisting, gets another 30-day extension from lenders As Pennsylvania Real Estate Investment Trust faces delisting from the New York Stock Exchange, the company continues to work with its lenders for a life line. The Philadelphia owner of regional malls such as Plymouth Meeting Mall, Cherry Hill Mall and ...
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Keeper Launches Major Cybersecurity Awareness & Education Campaign for National Cybersecurity Awareness Month CHICAGO, Oct. 1, 2020 /PRNewswire/ -- Keeper Security, provider of the highly-rated cybersecurity platform for preventing password related data breaches and cyberthreats, is promoting National Cybersecurity Awareness Month (NCSAM) with a series of ...
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Court: Amazon not liable in teen's powdered caffeine death COLUMBUS, Ohio (AP) — Retail giant Amazon can't be held responsible under current Ohio product liability law in the death of a high school senior who ingested powdered caffeine, the state Supreme Court said Thursday. At issue before the court was ...
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Pepsi Stock Rises After Earnings Top Estimates. Credit at-Home Snack Sales. Consumers continue to snack away during the Covid-19 pandemic, boosting PepsiCo's profit and its outlook. Pepsi (ticker: PEP) said Thursday it earned an adjusted $1.66 a share on revenue that climbed 5.3% to $18.09 billion. Analysts were looking for EPS ...
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Carnival cancels all cruises out of Galveston through 2020 HOUSTON — Carnival Cruise Line has canceled all cruises set to sail out of the Port of Galveston through the rest of the year. This comes after the Centers for Disease Control decided to extend its no-sail order for cruise operations amid reports of recent ...
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Agrochemicals Market | Increasing Use of Herbicides to Boost Market Growth | Technavio LONDON--(BUSINESS WIRE)--Oct 1, 2020--. The agrochemicals market is expected to grow by USD 35.53 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the ...
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Disney+ wades into the streaming-with-friends space Disney announced Tuesday it plans to lay off 28,000 employees at its theme parks, where business has been hammered by the pandemic. So the company is, of course, also looking to grow a part of its business that has been boosted by the increase in ...
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FDA puts 6 hand sanitizers for kids, including Barbie and Minions, on the Do Not Use List Packaging that the FDA thinks can get hand sanitizer confused with food got six products on the agency's Do Not Use list. The six: Smart Care's Barbie Hand Sanitizer, Hot Wheels Hand Sanitizer, Minions Hand Sanitizer, Paw Patrol Hand Sanitizer, JoJo Siwa ...
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Canopy to Bring Cannabis Beverages to the US Next Year Canopy Growth Corp., the cannabis company that attracted Corona beer producer Constellation Brands Inc. as an investor, is moving to bring cannabis beverages to the U.S. in 2021. The drinks will contain THC, the psychoactive compound found in ...
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Winning Lotto Texas ticket worth $47 million sold in Seguin SEGUIN, Texas – A winning ticket for the largest Lotto Texas jackpot in over 10 years was sold in Seguin. One lucky winner chose the six winning numbers and is now $47 million richer - minus taxes. Either way, it's a huge win for someone as the jackpot had ...
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Gov. Cuomo announces app that uses phone data to track COVID-19 cases During his Thursday conference call, Governor Andrew Cuomo made what he called an "exciting announcement". He told reporters the New York State Department of Health is launching an app called COVID Alert. MORE: Nursing home denies health ...
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Coffee Board to promote five coffee varieties with GI tag The Coffee Board of India has released geographical indication (GI) tag for five coffee varieties grown in the country. Of this, three are from Karnataka and one each from Kerala and Andhra Pradesh. The GI tag will help all the five coffee brands get maximum ...
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FuboTV kicks off IPO with eye on raising up to $165M FuboTV, a live streaming TV service, today announced the launch of its public offering of 15 million shares of common stock. The company intends to list its common stock on the New York Stock Exchange under the ticker symbol "FUBO." The public offering ...
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The Postal Service Needs Fixing. Here's How It Could Happen. WASHINGTON — On at least one issue, most of Washington agrees: The Postal Service needs an intervention. A constellation of forces, including the 2008 recession and punishing retiree obligations, have pushed the agency to a point of financial distress for ...
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Senate committee issues official subpoenas to Mark Zuckerberg, Sundar Pichai, and Jack Dorsey Thursday morning, the Senate Commerce committee voted unanimously to issue subpoenas to the CEOs of Facebook, Google, and Twitter — a significant escalation in Congress's ongoing efforts to reexamine the liability protections of Section 230. The three ...
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University of Florida researchers get sickle cell therapy grant Researchers at the University of Florida College of Nursing have been awarded a $6.2 million grant to determine whether relaxation therapy can help reduce pain and manage stress for patients with sickle cell disease, negating the need for opioids.
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1066 new Covid cases, 13 more deaths in Minnesota STATE OF MINNESOTA (Valley News Live) - The Minnesota Department of Health is reporting 1,066 new cases of COVID-19 along, with 13 additional deaths today. The state death toll for Minnesota is 2,049. 7,758 patients have been hospitalized due to the ...
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