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When this California company tried to build a diverse board, 'it was really hard to find people' Shift CEO had to go to a recruiter to find diverse voices for board of online-car-selling company going public through a SPAC, given the automotive industry is male-dominated. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon. Print icon ...
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Morgan Stanley Buys Eaton Vance, And More Asset Management Consolidation Is Probably On The Way Morgan Stanley MS +1.3% has agreed to buy asset management firm Eaton Vance EV +1.9% for some $7 billion, the latest in the push by CEO James Gorman to continue growing the firm's investment management business. The move brings the New ...
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Amgen heart failure med, in 'unimpressive' showing, hits phase 3 goal—but doesn't extend patients' lives The data were "underwhelming" and a "GALACTIC Disappointment," J.P. Morgan analyst Cory Kasimov wrote in a note to clients. (Pixabay). Share Facebook Twitter LinkedIn Email Print. Amgen and Cytokinetics' heart drug omecamtiv mecarbil hit the mark in ...
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The Great Digital Shift Brings Spas And Meals (Increasingly) In-House Is the great digital shift spurring a great shift to personal in-home services? Curated, chosen, scheduled and likely paid for through digital means, of course. As reported by CNBC on Thursday (Oct. 8), personal chefs are increasingly in demand – a ripple effect ...
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'Staggeringly High': US Jobless Claims Remained Elevated Last Week Applications for jobless benefits remained high last week, even as the collapse of stimulus talks in Washington raised fears of a new wave of layoffs. Unemployment filings have fallen swiftly from their peak of more than six million last spring. But that progress ...
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Citigroup Gets a Downgrade After $400 Million Fine Wall Street is feeling cautious about Citigroup on the heels of the bank getting slapped with a $400 million fine by regulators for deficiencies in its risk-management controls. Analysts at J.P. Morgan downgraded Citigroup (ticker: C) to Neutral from Overweight ...
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Max Levchin's lending start-up Affirm confidentially files to go public Lending start-up Affirm confidentially filed confidentially with the Securities and Exchange Commission for an initial public offering. Affirm was privately valued at $2.9 billion in April 2019, according to PitchBook. Max Levchin, co-founder of PayPal and Affirm.
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Take Delivery of Domino's Immediately Domino's Pizza ((DPZ) -Get Report) is colder than yesterday's pepperoni this morning following weaker than expected earnings -- and investors should be looking for a place to buy shares. The Ann Arbor, Mich.-based company reported third quarter financial ...
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JetBlue's debt downgraded deeper into junk territory by Fitch Fitch Ratings on Thursday downgraded JetBlue Airways Corp.'s JBLU, +3.74% debt one notch deeper into high-yield bonds, to BB- from BB. A "recovery in air traffic will be slower than previously anticipated," hampering JetBlue and other airlines' efforts to ...
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Hurricane Delta could be the USA's record-breaking 17th weather disaster of 2020 With a non-stop onslaught of severe storms, wildfires and hurricanes, 2020 has been a calamitous year for weather in the US. In fact, so far in 2020, there have been 16 separate weather disasters across the nation that each caused at least $1 billion in ...
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Southwest Airlines Announces Seasonal Flights To Telluride Starting In December (CBS4) – Skiers hoping to fly to Telluride for skiing this winter have a new option. On Thursday Southwest Airlines announced they will be starting seasonal flights to Montrose Regional Airport in December. According to the Telluride Ski Resort website, the ...
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Why GameStop Stock Skyrocketed Today Shares of GameStop (NYSE:GME) have skyrocketed today, up by 25% as of 3:10 p.m. EDT, after the company announced a strategic partnership with Microsoft (NASDAQ:MSFT). The stock was halted briefly ahead of the news.
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NXP Semiconductors stock rallies on improved outlook NXP Semiconductors NV NXPI, +0.92% shares rallied in the extended session Thursday after the chip maker raised its outlook for the quarter. NXP shares surged 5% after hours, following a 0.9% gain to finish the session at $134.83. The company reported ...
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Winter Dining Challenge's winning ideas: cabins, blocks and heated tables in Chicago Winter is coming to Chicago, and so too, are outdoor dining options. Mayor Lori Lightfoot today announced the three winners of the Winter Dining Challenge, a contest that sought innovative concepts for dining outdoors as the cold weather arrives. Nearly 650 ...
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3 Big Things Today, October 8, 2020 Soybean and grain futures were higher in overnight trading on adverse global weather and strong demand for U.S. agricultural products. Growers in Brazil, the world's largest exporter of soybeans, are reportedly having to plant into dry ground due to a lack of ...
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Target HQ employees won't return to downtown offices until at least June 2021 Target let its Twin Cities corporate employees know Thursday morning that the majority of employees will continue to work virtually through at least June 2021 because of the threat of the coronavirus. The news comes as downtown Minneapolis, like other ...
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Yelp Adds New Feature to Flag Businesses Accused of Racism Starting today, Yelp will display warnings if restaurants and other businesses are associated with racist conduct, the review platform announced on its blog. The change comes amid ongoing protests and bolstered advocacy against racism, anti-Blackness, and ...
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Gold futures stage partial rebound from lowest level in over a week Gold futures climbed Thursday, recouping a portion of the losses suffered a day earlier that pushed prices to their lowest in more than week. Prices for the metal rose "on hopes of a partial U.S. coronavirus stimulus deal to support the virus-stricken economy," ...
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Planet Hollywood reopening Thursday on Las Vegas Strip Planet Hollywood Resort is ready to welcome back guests once again, starting Thursday morning. The Strip resort will open to the public at 10 a.m., after being shuttered nearly seven months because of the COVID-19 pandemic. The property plans to ...
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Meijer filling 100 jobs in Lexington, Richmond stores LEXINGTON/RICHMOND, Ky. (WTVQ) – Meijer is filling 100 part-time and short-term seasonal jobs in its Lexington and Richmond stores, the Grand Rapids, Mich.-based company announced Thursday. The positions range from cashiers and third-shift ...
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New federal budget estimates large $3.1 trillion deficit Updated: October 08, 2020 03:13 PM. WASHINGTON (AP) - New, eye-popping federal budget figures show an enormous $3.1 trillion deficit in the just-completed fiscal year, a record swelled by coronavirus relief spending that pushed the tally of red ink to ...
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Amazon files arbitration case over Reliance Industries buying Future Groups's retail assets In 2019, Amazon agreed to pick up a 49 per cent stake in Future Coupons Ltd, which owns 7.3 per cent of Future Retail. Share Via Email. Published: 09th October 2020 12:43 AM | Last Updated: 09th October 2020 12:43 AM | A+A A-. The Amazon logo is seen ...
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Audi teases electric e-tron GT production version, releases 'progressive' sound of the supercar Audi is teasing the production version of its e-tron GT electric supercar and unveiling the 'progressive' sound of the vehicle. The vehicle is an exciting entry in the EV space and a collaboration with Porsche leveraging their expertise with the Taycan.
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Wells Fargo faces criticism over diversity, forbearance efforts Wells Fargo is not having a good week. The bank laid off hundreds of bankers, a U.S. senator criticized the bank's mortgage forbearance efforts and even the U.S. Labor Department is questioning whether the bank's efforts to boost diversity within its ranks ...
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Acuity Brands: Fiscal 4Q Earnings Snapshot ATLANTA (AP) — Acuity Brands Inc. (AYI) on Thursday reported fiscal fourth-quarter net income of $73.7 million. The Atlanta-based company said it had profit of $1.87 per share. Earnings, adjusted for one-time gains and costs, were $2.35 per share.
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Coronavirus cases in Pa. top 1300 for 2nd day in a row, the highest numbers in months Coronavirus cases in Pa. top 1,300 for 2nd day in a row, the highest numbers in months. Updated Oct 08, 2020; Posted Oct 08, 2020. Governor Wolf, Secretary of Health to Provide Update on COVID-19 via Virtual Press. Governor Tom Wolf listens as Secretary ...
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The AlleyWatch Startup Daily Funding Report: 10/8/2020 The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/8/2020 featuring funding details for Andie, BloomCredit, and much more. This page will be updated throughout the day to reflect any new fundings. PREVIOUS POSTNEXT ...
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Naperville's First Recreational Marijuana Dispensary Opens CHICAGO (CBS) — The newest recreational marijuana dispensary in Illinois is opening its doors on Thursday. Rise Naperville is now the first in Naperville to offer both recreational pot and medical marijuana. Business leaders held a ribbon cutting ceremony ...
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Chevy C8 Corvette Grand Sport Replaced With Hybrid 'E-Ray': Report The Chevrolet Corvette's release strategy can typically be summed up with several variants: a base Stingray, a racier Grand Sport, a high-performance Z06 and a top-shelf ZR1. For the mid-engined C8 generation, however, it sounds like Chevy is shaking ...
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Alabama schools soon required to disclose COVID-19 numbers online All school districts in Alabama will soon share information online about the number of positive cases of COVID-19 among students, staff and faculty members, according to Alabama Superintendent Eric Mackey. The new dashboard is important for two reasons ...
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Out of the ashes: Napa Valley vineyard to distill wildfire-damaged wine into brandy Scotch is peaty. Chardonnay is oaky. And brandy is smoky—sometimes literally, now that California wildfires are burning earlier in the season and damaging grape vines. Even when a vineyard survives a fire, unharvested grapes can be damaged with ...
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