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US layoffs still high, but so is skepticism on jobless data WASHINGTON — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession. Yet economists say they are increasingly dubious about ...
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Oil rises above $43 on supply losses, US stimulus hopes NEW YORK (Reuters) - Oil was up slightly on Thursday, backing off a session high of more than $43 a barrel reached on support from output shutdowns ahead of a storm in the U.S. Gulf of Mexico and the prospect of more supply losses in Norway.
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Why Is The Market So Strong And Economy So Weak? The continuing strength of the stock market, even as the coronavirus pandemic batters the U.S. economy, has baffled many investors. The Dow Jones Industrial Index fell some 35% in 20 trading days the first three weeks of March as COVID-19 began ...
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An escalating labor strike could soon wipe out almost 25% of Norway's oil and gas production The dispute between Lederne union and the Norwegian Oil and Gas Association began when talks collapsed on Sept. 30, prompting production outages from Oct. 5. News of the strike action has helped Brent crude futures to push above $43 a barrel during ...
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In RNAi Move, Takeda Fronts $300M to Team Up on Arrowhead Liver Drug Arrowhead Pharmaceutical's gene silencing treatment for a rare liver disease will move through the regulatory process and potential commercialization with the muscle of Takeda Pharmaceutical behind it. Takeda (NYSE: TAK) has agreed to pay $300 million ...
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'Every reason to be optimistic': Carnival Corp. CEO expects to resume US sailing before year end Arnold Donald, the CEO of Carnival Corp., expects that the company's cruise lines will be sailing by the end of the year in U.S. waters after a more-than-seven-month pause in operations. "At this time we have every reason to be optimistic that we will be sailing ...
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Hoopla — but no long lines — at Thursday opening of Naperville's first recreational marijuana shop A man in shorts and a Hawaiian shirt played a steel drum rendition of "Jump in the Line" Thursday morning as a steady stream of customers visited Naperville's first recreational marijuana dispensary. It was a party atmosphere for the grand opening of Rise ...
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Bank of America takes on payday lenders Bank of America plans to offer some of its customers access to short-term loans, the latest blow to the payday lending industry. Customers who have had checking accounts for more than a year can apply to borrow as much as $500 for a flat $5 fee, the ...
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Trump Touts Unproven Therapy as COVID 'Cure' Oct. 8, 2020 -- Regeneron and Eli Lilly, two pharmaceutical companies that have created antibody therapy drugs for COVID-19, applied for FDA emergency use authorizations on Wednesday -- the same day President Donald Trump posted a video calling the ...
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Pfizer presents growth hormone data ahead of FDA filing An Opko executive vice president recently said he expected Pfizer to file for FDA approval of their once-weekly growth hormone deficiency (GHD) treatment "in the coming weeks." (Tracy Staton). Share Facebook Twitter LinkedIn Email Print. A phase 3 trial has ...
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Mohegan-led consortium offers 150 million euros for Greek casino licence ATHENS (Reuters) - A consortium led by U.S. casino operator Mohegan Gaming & Entertainment [MOTGA.UL] has offered 150 million euros ($176 million) for a licence to build and operate a luxury casino resort in Athens, a Greek minister said late on ...
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Harvard spins off natural-resources team, to remain partner Harvard University's endowment spun off its natural resources team, creating an independent entity to manage some of the school's agriculture and food production investments. An investment team led by Harvard Management Co.'s head of natural resources ...
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Charged Up About FuelCell Energy Stock, JP Morgan Analyst Sees Nearly 40% Upside A stronger balance sheet is just one reason this hydrogen hopeful is electrifying J.P. Morgan's optimism. Scott Levine. (TMFProudMonkey). Oct 8, 2020 at 11:20AM. Author Bio. A member of The Motley Fool since 2006, Scott began contributing content in 2013 ...
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IBM to spin off its managed infrastructure unit to focus on Red Hat, hybrid cloud; sees Q3 sales ahead of estimates Top Cloud Providers · Managed Infrastructure Services, which resides in IBM's Global Technology Services division, will be spun off tax-free. · The new company will design, run and modernize infrastructure for clients.
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This Menlo Park company says it can make top-shelf whiskey in just a few days Bespoken Spirits says it is using science to produce better whiskeys. Now, it has several million dollars to prove it can. The Menlo Park, California-based startup, which uses a proprietary technology to rapidly produce custom whiskey, announced on Tuesday ...
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2021 Honda Ridgeline Gets a Redone Front End and the Same Utility 2021 Ridgeline gets new hood, fenders and grille · Rest of the truck is carryover, which is all good · Remember, this has a 1,580-pound payloand and it tows 5,000 pounds ...
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Morgan Stanley Still Shopping, Buys Eaton Vance for $7B NEW YORK (AP) — Morgan Stanley will buy the investment management firm Eaton Vance in a deal valued at about $7 billion. Morgan Stanley has actively gone after potential targets this year. The prosed acquisition Thursday comes just days after it closed ...
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Manhattan rental vacancies near record 16000 Manhattan renters are spoiled with options as 16,000 apartments have become available to lease — triple the number of rental listings in the borough this time last year, according to a new Douglas Elliman report. They aren't getting scooped up at the same ...
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Drone truck startup Einride unveils new driverless vehicles for autonomous freight hauling Einride, the Swedish autonomous trucking startup, unveiled a new vehicle type that the company hopes to have on the road delivering freight starting in 2021. The vehicles, dubbed Autonomous Electric Transport (AET), came in four different variations.
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Onex to Make a Majority Investment in OneDigital TORONTO, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Onex Corporation ("Onex") (TSX: ONEX) and its affiliated funds (the "Onex Group") today announced it has agreed to make a majority investment in OneDigital, a leading U.S. provider of employee benefits ...
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Target teams up with FAO Schwarz on exclusive toy line for the holidays Target has teamed up with the legendary toy store FAO Schwarz on a holiday toy collection. The Minneapolis-based retailer announced the exclusive 70-piece FAO Schwarz toy collection on Thursday, noting the toys will be available "later this month" at ...
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Mercedes Says 6 New Battery Electric Models Are Coming Soon October 8th, 2020 by Steve Hanley. Mercedes Benz has yet to fully embrace the EV revolution. Although it has some battery powered models, they are not built on a dedicated electric car platform. That will change in 2021 when the company begins offering ...
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ALDI Advent Calendars hit store shelves on Nov. 4 and we have a sneak peek! The highly anticipated ALDI Advent Calendars hit store shelves on November 4! This year, you'll find more than 20 Advent Calendar varieties including some new options for 2020. Top favorites from past years are back including calendars with wine, beer, ...
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Dick's Sporting Goods to increase seasonal hiring to up to 9000 employees Dick's Sporting Goods Inc. DKS, +1.07% said Thursday that it will hire up to 9,000 employees for the holiday selling season, marking a 12.5% increase from last year. The stock rose 0.9% in morning trading. The increase comes after the sporting goods retailer ...
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NOAA report unveils physical and financial burden of 2020 disasters BUFFALO, N.Y. — In a new report published Wednesday, the National Oceanic and Atmospheric Administration (NOAA) released preliminary data after "a month of extremes" of natural disasters in September. The primary message: as of October 7, there ...
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Moderna tells Journal it will not enforce vaccine patents during the pandemic Shares of Moderna Inc. MRNA, +0.13% were up 1.2% in premarket trading on Thursday, after a report in The Wall Street Journal said the company would not enforce any of the seven patents it holds for its COVID-19 vaccine candidate during the pandemic.
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Attempt to unionize at Surly Brewing fails by a single vote Efforts by Surly Brewing employees to unionize suffered a blow after a vote failed on Wednesday. Unite Here Local 17, a local hospitality union, announced via Twitter that employees were one vote shy of unionizing. While a majority of employees that voted ...
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COVID-19 Update: 1376 new additional positive cases PENNSYLVANIA, USA — The Pennsylvania Department of Health now lists 167,928 total coronavirus infections in the state on Thursday, October 8. There were 1,376 new additional positive cases of COVID-19. There are 8,299 total deaths attributed to ...
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'Dirty Dozen' Financial Scams People Fall For Most Often (WWJ) The IRS has released what it's calling the "Dirty Dozen" -- a list of the most prevalent scams targeting taxpayers. So, what are people falling for most often? Turns out, phishing is the top scam. People should also be alert to potential fake emails or ...
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Hear It: The Audi E-Tron GT RS Won't Be a Quiet Electric Car Just like its Porsche Taycan cousin, the Audi E-Tron GT won't drive in complete silence when it finally rolls off the assembly line at the end of this year. Instead, Audi has concocted its own audio signature for the electric four-door that'll both warn pedestrians of ...
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Mazda Is Really, Actually Bringing Back the Rotary Engine as an EV Range-Extender (For Real) Mazda, the small Japanese carmaker with over 50 years of rotary engine experience, has just announced that those legendary rotors will return in range-extenders for its 2022 MX-30 electric cars. In recent years, Mazda has repeated that the fate of a rotary ...
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Cabins, Heated Table Ideas Win City's Winter Design Challenge To Help Restaurants This Winter CHICAGO — Parking space-sized cabins and heated tables could be coming to bars and restaurants in the city this winter. Officials picked those plans as the winners of the Winter Design Challenge, a competition to come up with ideas for how restaurants ...
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Five tips on how to get the most out of your solar panels Do you live in one of the two million Australian homes that currently have solar panels on the roof? If you are, you are already enjoying benefits including reductions on your electricity bill, rebates, supplying clean, green energy to the grid and reducing your ...
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