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US crude stockpiles jump as output soars, demand weak (Reuters) - U.S. crude oil stockpiles rose last week as production surged, posting its largest one-week increase ever, while gasoline and distillate inventories fell, the Energy Information Administration said on Wednesday. FILE PHOTO: Dust blows around a ...
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Don't Be Fooled By The Very Strong GDP Report The Bureau of Economic Analysis or BEA is scheduled to report its first estimate for September quarter's GDP report on Thursday morning. Numerous analysts are forecasting it to show growth of over 30%, which would be a record. The Federal Reserve Bank ...
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Gold dips on stronger dollar; coronavirus concerns cap losses (Reuters) - Gold prices eased on Wednesday due an uptick in the dollar, but uncertainty going into next week's U.S. presidential election and concerns over a spike in coronavirus cases in Europe and the U.S. limited bullion's losses. FILE PHOTO: A machine ...
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LVMH, Tiffany agree on lower price in takeover deal, sources say NEW YORK (Reuters) - U.S. jeweler Tiffany & Co TIF.N has agreed with LVMH LVMH.PA to slightly lower the price of its acquisition by the French luxury goods group, in a move that could end a legal dispute between the two, two sources familiar with the ...
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Why Fiat Chrysler Just Reported Record Profit in a Pandemic This is a very unusual downturn. The latest exhibit: record quarterly results from Fiat Chrysler. FCAU -3.99%. On Wednesday, the Italian-American car maker posted adjusted profit of €2.3 billion, equivalent to $2.71 billion, for the three months through ...
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Kroger rolls out rapid antibody COVID-19 testing to all pharmacies The Kroger Co. has begun offering customers rapid antibody COVID-19 testing and plans to roll out the service to all of its 2,200-plus pharmacies. Kroger Health, the company's health care services arm, said Wednesday that the Food and Drug ...
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NYC Opens Outdoor Shopping Program After Success Of Outdoor Dining Modeled after the city's popular outdoor dining program, Mayor Bill de Blasio announced Wednesday that New York City will allow retail stores to set up shop on sidewalks and empty streets to boost sales amid the ongoing coronavirus pandemic. Re-opening ...
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Why Shares of General Electric Are Up Today The industrial giant posted a strong quarter and said its transformation is "accelerating." Lou Whiteman. (TMFeldoubleu). Oct 28, 2020 at 12:24PM. Author Bio. Lou has followed the markets for more than two decades, developing extensive contacts including ...
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Anthem sees higher costs, persisting uncertainty due to COVID-19; shares dip (Reuters) - U.S. health insurer Anthem Inc ANTM.N on Wednesday warned of higher-than-normal medical costs in the fourth quarter, driven by coronavirus infections and recovery in demand for elective medical procedures, sending its shares down about 3%.
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Best student credit cards for November 2020 College and high school look a lot different this year. But whether students are on campus or learning at home this fall, there are still plenty of back-to-school expenditures. And if a student doesn't already have a flush checking account in place, many of those ...
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Biden: Here's My Plan For Your Student Loans In addition to cancelling student loan debt, Biden also has a plan to forgive undergraduate tuition for borrowers. · However, not everyone would qualify for student loan forgiveness. · Income: You must earn less than $125,000 per year.
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Apartment lender finds itself ground zero for New York 'fear trade' New York Community Bancorp, the city's largest apartment lender, reported an impressive 21% jump in earnings Wednesday as rent collections returned to pre-pandemic levels and loan deferrals dropped in half. "We are very happy with our third-quarter ...
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Panera adds pizza to its menu to double down on dinner New York (CNN Business) Panera fans, rejoice! The fast casual bakery-cafe chain is adding pizza to its menu. Three pizza options will be available to Panera customers — Cheese, Margherita and Chipotle Chicken & Bacon — and they will range in price ...
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FCC moves ahead with $9 billion Rural 5G Fund The Federal Communications Commission has formally established rules for its 5G Fund for Rural America, which will disburse up to $9 billion over the next decade. However, the minimum speeds that the agency is requiring of these future rural 5G networks ...
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Mayo Clinic, Google announce AI effort to boost radiation therapy for cancer Mayo Clinic and Google Health will create and validate an algorithm that can automate healthy tissue and organs from tumors to boost patient outcomes and reduce the time it takes to plan radiation treatment. (Mayo Clinic). Share Facebook Twitter LinkedIn ...
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Just 8 months after launching from stealth, Golden autonomous vehicle startup brings on $65M Just eight months after it launched out of stealth, a Golden-based autonomous vehicle and logistics startup has brought on a large funding round that takes its total funding north of $100 million. Outrider, a company developing autonomous yard operations for ...
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Cisco Unveils Specialized Video Software for Courts and Legislatures On Wednesday, Cisco Systems kicked off its 25th annual partner summit—virtual this year, for obvious reasons—with a series of product announcements, including new network management tools, specialized versions of its Webex videoconferencing ...
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Tropicana landlord reports surprising amount of buyer interest The Tropicana's landlord says it is garnering plenty of interest for a potential sale of the Las Vegas Strip hotel-casino, though it's "under no pressure" to make a deal. The company that owns the 35 acres of land beneath the Tropicana, real estate investment ...
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With Goal Of Accelerating Growth, rue21 Hires 'Experiential Retail' Transformer As CEO WARRENDALE, Pa., Oct. 28, 2020 /PRNewswire/ -- Specialty clothing retailer rue21 (r21 Holdings, Inc.) announced today the appointment of Bill Brand as the company's chief executive officer. Brand, who has a track record of being a visionary leader that ...
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Real estate fintech CoreLogic receives multiple potential bids at more than $80 a share, sources say Property data and analytics firm CoreLogic has received multiple potential takeover bids that value the company at north of $80 a share, sources tell CNBC's David Faber. The multiple parties interested in pursuing a deal with CoreLogic include private equity ...
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Androscoggin Mill in Jay to lay off 67 more It is the third time since July that the workforce has been reduced at the Jay mill in connection to April's explosion. By Donna M. PerrySun Journal. Follow on Twitter · Email Writer · 207-780-9055. Share. facebook · tweet · reddit · email · print. 0 Comments.
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Fast-growing St. Louis AI software startup Capacity raises $11M in Series C funding Capacity, a St. Louis-based artificial intelligence software startup led by serial entrepreneur and former Answers CEO David Karandish, said Wednesday it has raised $11 million in a Series A funding round. The startup said its new financing came primarily ...
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Five Things for Wednesday, including a big cellular sale and Boeing's latest losses Good morning. Here are some mid-week Five Things. Cell sale. There was some late billion-dollar news for one of Oregon's billion-dollar companies yesterday. Consumer Cellular is being acquired by Chicago-based private equity firm GTCR. The deal is ...
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Hearing briefly disrupted when Zuckerberg can't connect feed Tuesday's hearing was interrupted briefly when Facebook CEO Mark Zuckerberg was unable to connect with the Commerce Committee via video feed. Senate Judiciary Chair Roger Wicker (R-Miss.) informed the rest of the committee of the technical glitch ...
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Beware of Medicare open enrollment scams HOUSTON, Texas -- Open enrollment in Medicare is happening right now. For seniors, it's time to pick their health care plans for 2021 and right on cue, scammers are on the prowl. You probably know the damage a scammer can do with your social security ...
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Boston Properties Lands Volkswagen Headquarters At Reston Town Center Volkswagen is shifting its U.S. headquarters from Herndon to Reston to occupy a new high-rise development. Boston Properties announced Tuesday it signed a 20-year, 196K SF lease with Volkswagen Group of America for the next phase of Reston Town ...
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Worcester County single-family home prices surge 17% The median sale price for single-family homes in Worcester County surged 17% in September, compared with the same month a year prior, according to a new report from Peabody real estate data firm The Warren Group. In September, the median sale price ...
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Fitch Places Coca-Cola European Partners' 'BBB+' on Rating Watch Negative Fitch Ratings - Moscow - 28 Oct 2020: Fitch Ratings has placed Coca-Cola European Partners plc's (CCEP) Long-Term Issuer Default Rating (IDR) and senior unsecured rating of 'BBB+' on Rating Watch Negative (RWN). The RWN follows CCEP's proposed ...
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Dunkin's holiday menu includes trio of festive drinks, new breakfast sandwich CANTON, MASS. (WHDH) - Dunkin' is getting an early start on ringing in the holiday season as it revealed a new lineup of festive menu items on Wednesday. Starting Nov. 4, the Canton-based coffee chain says it will be serving up fan-favorite flavors ...
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42 residents evacuate homes in Suffolk neighborhood due to gas rupture SUFFOLK, Va. — Crews are working to cap a major gas leak in Suffolk that the city to close several streets in one neighborhood. The rupture took place in the 100 block of North 4th Street in the Lloyd Place neighborhood Wednesday morning. Dispatchers ...
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At Long Last, Meijer Is Moving Forward With Its Market Project on East Jefferson At long last, plans for a forthcoming Meijer on East Jefferson Avenue in Detroit have been finalized. The so-called Rivertown Market project, first announced in 2017, is headed to 1475 East Jefferson Ave. and will be a smaller format than the company's other ...
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T-Mobile Nearly Doubles Its Supercharged Mid-Band 5G in Just One Month BELLEVUE, Wash.--(BUSINESS WIRE)--Oct 28, 2020--. Largest 5G network? Check. Blazing fast speeds customers can actually find? Check. T-Mobile (NASDAQ: TMUS) today announced it has nearly doubled the number of cities and towns that get ...
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Pennsylvania coronavirus update: 2228 more cases Wednesday to push total past 200000 HARRISBURG — There are 2,228 more cases of the coronavirus reported statewide on Wednesday as the number of people hospitalized continues to increase. The newly reported cases bring the total to 200,674. Advertisement. There are 1,187 people ...
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Where can you spend Halloween this season in a COVID-19 world? Despite all the real-life horror and uncertainty COVID-19 has heaped on us this year, Halloween is still a go, at least as far as New Jersey is concerned. Kids can still trick or treat and adults alike can celebrate festivities taking place all over Hudson County this ...
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Rory McIlroy, Justin Thomas among Whoop Series E financing investors What do Kevin Durant, Patrick Mahomes, Larry Fitzgerald, Rory McIlroy and Justin Thomas have in common? Along with several venture capital funds, Whoop has announced they are private investors in a $100-million round of Series E funding for the ...
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