U.S. GDP rebounded sharply in the September quarter with growth of 33.1%. However, the record increase was due to the rebound from the June quarter's record fall of 31.4% and the March quarter's decline of 5.0%. When all three pandemic impacted ...
Stocks fell on Friday, dropping for the fourth time in the past five days in a retreat that has added up to Wall Street's worst week since March, as rising pandemic cases, new shutdowns and a sell-off in large technology stocks all dragged the major benchmarks ...
An Amazon Go store in Seattle. Shara Tibken/CNET. The lockdown forced by the coronavirus continues to be a driving force for Amazon, which saw its profit triple from a year ago. Those profits are expected to continue even as the company spends billions of ...
McDonald's was hit with a lawsuit from two current franchisees who allege racial discrimination, arguing in court documents that the fast food giant pushed Black franchisees to locations that were "financial suicide missions." The suit was filed in the U.S. ...
Plastic is, admittedly, terrible. Some environmental groups estimate that there are over 50 trillion microscopic plastic particles in the world's oceans. That's roughly 269,000 tons of plastic. But plastic isn't just microscopic -- plastic waste also collects in huge ...
Under Armour gives up on one of its big acquisitions, Uber Eats faces complaints over its free delivery policy for Black restaurants and Facebook takes another step to limit QAnon-related content. This is your Daily Crunch for October 30, 2020. The big story: ...
Nestlé has purchased Freshly in a deal that values the meal delivery platform at $950 million, with possible earnouts of as much as $550 million pursuant to the successful expansion of the business. The deal was inked and closed on Friday (Oct. 30), ...
Now that more Americans can work and attend school from anywhere, they are increasingly looking to leave large urban centers for smaller, less dense cities with cheaper housing. "Remote work has opened up a whole new world of possibilities when it ...
Purple Hybrid Premier. Price: $$$; Type: Hybrid; Height: 13 inches; Certifications: Intertek Clean Air Gold Certification, CertiPUR-US. This Purple mattress stands out from the crowd because it doesn't use the traditional springs or memory foam that other brands ...
Mark your calendars. On December 2, McDonald's will be rolling out McRibs across the US. What's the big McDeal, you ask? The McRib (which consists of a boneless pork patty shaped like a miniature rack of ribs, barbecue sauce, onions, and pickles) is a ...
The Federal Reserve sharply reduced the minimum loan size in its Main Street Lending Program, potentially opening the emergency facilities to more U.S. businesses at a time when Congress remains deadlocked on additional aid. By lowering the minimum ...
Barstool Sports is looking like a home run for Penn National Gaming with almost $80 million in bets placed on the branded app since its debut last month. The Barstool app has generated $78 million in wagers from 30,000 users since it launched in ...
Consumer preferences have changed significantly during the COVID-19 pandemic, and El Pollo Loco knows this. The company is doing everything in its power to meet those dynamics. In Q3, that came in the form of the GPS-enabled curbside pickup, which is ...
Wynn Resorts Ltd.'s sports betting platform is teaming up with NASCAR. The multiyear sports betting partnership will allow WynnBET, the brand responsible for Wynn's mobile sportsbook and casino app, to create and promote sports betting experiences with ...
The social media juggernaut reported third-quarter results and lost users in North America for the first time. Evan Niu, CFA. (TMFNewCow). Oct 30, 2020 at 1:08PM. Author Bio. Evan is a senior technology specialist at The Motley Fool. He was previously a ...
LAS VEGAS – MGM Resorts International, owners of MGM Springfield, is considering closing some of its Las Vegas strip properties in the middle of the week during traditionally slow November and December to save money. Competitor Wynn Resorts ...
The independent monitoring committee for Regeneron Pharmaceuticals trials of REGN-COV2, its promising antibody cocktail drug for COVID-19, has recommended placing a hold on further trial enrollment of hospitalized patients who require high-flow ...
Black Friday is traditionally the day after Thanksgiving and marks the official start of the holiday shopping season. Of course, over the years, Black Friday deals have become available prior to the actual event, with many retailers opening for doorbuster savings ...
Shares of the social media company had crashed 19.8% by 11 a.m. EDT Friday, despite Twitter reporting third-quarter earnings last night that showed revenue blowing away the consensus ($936.2 million versus $777.2 million), and pro forma earnings of $0.19 ...
STOCKTON, Calif. (KTXL) — An off-duty Stockton officer was arrested on suspicion of DUI early Friday when he was seen driving the wrong way down Interstate 5. Around 12:40 a.m., officers stopped a vehicle that was driving down I-5 near Eight Mile Road in ...
This has been a year of many things, but mostly it's been a year of staying inside and bingeing Netflix shows. When the pandemic hit at the beginning of the year, the streaming platform gained a whopping 16 million subscribers. Though that rapid rise has ...
Phishing texts are fraudulent messages designed to obtain data or sensitive personal information to be used to commit identity theft or trick the recipient into installing malicious software onto a computer or mobile device. The illegitimate text messages ...
Many Michigan restaurant and bar managers are currently scrambling to develop new systems that allow for collecting customer contact information. Beginning on Monday, November 2, new statewide rules will go into effect requiring food businesses to take ...
HOUSTON--(BUSINESS WIRE)--Oct 30, 2020--. The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution by the Partnership of $0.4714 ...
Fitch Ratings - Chicago - 30 Oct 2020: Fitch has placed Xilinx Inc.'s the 'A-' ratings, including the Long-Term Issuer Default Rating (IDR), on Watch Negative on the announcement that the company entered into a definitive agreement to be acquired by ...
Marvell Technology Group Ltd. is acquiring Inphi Corp., the San Jose semiconductor manufacturer that got its start in the Conejo Valley. In the transaction, Marvell, in Santa Clara, will pay $66 in cash in addition to 2.3 shares of the combined company for each ...
Houston petrochemical company LyondellBasell made a small profit in the third quarter, the company said Friday, amid a tough quarter for chemical and refining companies struggling with an industry-wide demand slump. LyondellBasell, which has global ...
MVISION Cloud includes a growing collection of cloud security products across several categories, including CASB, Secure Web Gateway (SWG) and SaaS Security Posture Management (SSPM). Additional benefits and features of MVISION Cloud include ...
Gwyneth Paltrow's lifestyle brand Goop is breaking into the coffee scene, and it's coming in hot with 12-ounce bags of fair trade coffee for $28 each. Fair Trade Specialty Coffee. goop.com. $28.00. BUY NOW. The first-ever Goop Fair Trade Speciality Coffee is ...
Verizon is implementing a blockchain-verified record of changes to its news releases. The Full Transparency initiative is a proof of concept built with open-source blockchain technology in partnership with Huge, MadNetwork and AdLedger. The Full ...
CHAMPAIGN COUNTY, Ill. (WCIA) — City leaders in Champaign and Urbana are calling on their community to support local restaurants as Region 6 faces resurgence mitigations. The mitigation measures will be implemented starting on Monday for Region 6, ...
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