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Global Oil Demand Won't Peak Before 2040, OPEC Says The world's appetite for crude oil won't reach its apex for another two decades, the Organization of the Petroleum Exporting Countries said Thursday, offering a much more optimistic view of the world's post-coronavirus demand for oil than many other forecasts ...
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Lessons From Covid: Why We Need Women Leaders To Rebuild Our Broken Systems Over the past seven plus months, as Covid-19 has devastated communities around the globe, we've seen plenty of media coverage of women leaders responding quickly, decisively, and compassionately to the pandemic (consider how Jacinda Ardern, New ...
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Richard Branson, John Chambers bringing Hyperloop, and millions, into Appalachia's poverty-stricken region Richard Branson's Virgin Hyperloop plans to open a certification center and testing track in West Virginia for its transformative transport technology. Branson's friend, former Cisco CEO and JC2 Ventures founder John Chambers, a native West Virginian, ...
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We have too much beer (and soda, and seltzer), and not enough cans A nationwide shortage of cans is the latest threat to craft beer. Ball Corporation, the world's largest manufacturer of cans, told investors this week that the U.S. market alone is short 10 billion cans in 2020, according to Beer Business Daily, a trade publication.
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If You Own Beyond Meat Stock, It's Time to Sell No, Beyond Meat (NASDAQ:BYND) is not one of the worst performers this year. Actually, shares have rebounded over 200% from their March low and are up 149% year to date as of this writing. The maker of plant-based meat alternatives has been rapidly ...
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Hydrogen's Dirty Little Secret Despite all the hype over green hydrogen, most of the gas supplied now is decidedly not green. The path to cleaning it up is long. Hydrogen announcements are coming thick and fast. This week alone, hydrogen-powered double-decker buses arrived in ...
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Instacart's valuation has more than doubled in 2020 to $17.7 billion following new funding round Instacart raised $200 million in funding, valuing the start-up at $17.7 billion; Instacart's valuation has more than doubled since the start of the year.Existing investors Valiant Capital and D1 Capital led the round; The latest funding comes as food delivery ...
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Premiums and Worker Contributions Among Workers Covered by Employer-Sponsored Coverage, 1999-2020 Since 1999, the Employer Health Benefits Survey has documented trends in the employer-sponsored health insurance market. This year, 1,765 private and non-federal public employers with three or more employees completed the full survey. Among other ...
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Fintech app Revolut tries to tempt US savers with a market-beating 5% rate — but there's a catch Revolut announced a new 4.5% "bonus" on top of its base annual interest rates for American savers. Paying users will get a 5% rate on their savings while standard customers are entitled to a 4.75% rate. But you'll only earn the additional interest on the total ...
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Today's Mortgage Rates -- October 8, 2020: Rates Are Low and Aren't Budging Mortgage rates remain extremely competitive. Should you lock one in right now? Mortgage rates remain quite competitive, with both the 30- and 20-year loan coming in at well below 3% and the 15-year loan well under 2.5%. Here's what today's rates look like ...
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Amazon unveils its new electric delivery vans built by Rivian Amazon unveiled its first all-electric delivery van on Thursday. The vehicle, built by Michigan-based EV startup Rivian, will come with state-of-the-art technology, like sensing equipment and an advanced driver-assist system. The e-commerce giant says it ...
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Stocks climb again on Wall Street with hopes for stimulus NEW YORK (AP) — Stocks are rising on Wall Street Thursday as hope remains that Washington can approve more aid for the economy and after a report suggested the pace of layoffs is slowing a bit, though it remains incredibly high. The S&P 500 was 0.6% ...
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Kroger, one of America's largest grocery chains, experiments with ghost kitchens and delivery in the Midwest The Kroger Co., one of the biggest grocery chains in the Midwest is dipping its toe into on-demand delivery and the ghost kitchen craze through a partnership with an Indianapolis-based startup, ClusterTruck. Supermarkets would seem to be logical places to ...
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Target's holiday toy list includes Barbie, Nerf and an exclusive FAO Schwarz partnership Target Corp. has unveiled its Bullseye's Top Toys of 2020, which includes big names like Barbie, Nerf and Lego. With retailers getting an earlier jump on the holiday shopping season than usual, Target's TGT, +1.30% list follows others from Walmart Corp.
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Ige says Oct. 15 opening of trans-Pacific travel is essential for state's economy Gov. David Ige remained insistent Wednesday that the state is committed to opening up trans-Pacific travel on Oct. 15 without requiring quarantines for arriving passengers who tested negative for COVID-19 by using a "trusted partner" of the state within 72 ...
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Construction completed on The Lumen at Playhouse Square, adding another tower to Cleveland skyline CLEVELAND, Ohio – Construction on The Lumen, a 318-unit apartment building in the heart of Playhouse Square in Cleveland, is now completed as the market for renting in the city faces an uncertain future. Management at the 396-foot, 34-story tower at ...
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EU Secures Up To 500000 Remdesivir Treatment Courses Amid Global Shortages The European Union's executive arm has signed a deal with Gilead Sciences for up to 500,000 treatment courses of its antiviral drug remdesivir, one of just two drugs approved to treat Covid-19 in Europe — the drug had been in short supply ever since the ...
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Lime adds Wheels shared e-bikes to its app as it seeks to become a one-stop shop for mobility The next time you open Lime's smartphone app, you may see a new type of vehicle that isn't an electric scooter. The San Francisco-based company announced today that it is integrating Wheels, a shared electric bike startup, into its app so customers can rent ...
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Regulators Fine Citigroup $400 Million Over 'Serious Ongoing Deficiencies' In a consent order agreed to by the New York bank's board, the Federal Reserve faulted Citigroup for falling short in "various areas of risk management and internal controls" including data management, regulatory reporting and capital planning.
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French Court: Google Must Open Payment Talks With Publishers PARIS (AP) — A French appeals court upheld an order for Google to open negotiations with French publishers over payments to use their news content. The Paris Court of Appeal sided with France's competition authority, which had ordered the U.S. tech ...
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Domino's Shares Fall After Earnings Miss Estimates Domino's Pizza (DPZ) - Get Report shares were lower on Thursday after the chain reported weaker-than-expected fiscal-third-quarter earnings. In the quarter ended Sept. 6 the Ann Arbor, Mich., company earned $2.49 per share up 22% from $2.05 in the ...
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Tesla CEO Elon Musk thinks automaker can build 500000 cars this year Tesla's continued success would put another $3 billion in Musk's bank account. Maja Hitij/Getty Images. Another quarter, another leaked email from Tesla CEO Elon Musk pushing for employees to crank out more cars. According to a leaked email Reuters ...
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The Dow Is Rising, Eaton Vance Is Flying and Domino's Is Down Stocks climbed early Thursday as Wall Street once again held out hope for some form of fiscal stimulus to come from Washington. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke on Wednesday about a slimmed-down stimulus ...
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Is Tesla planning more than car manufacturing at its Austin gigafactory? Rumors have been circulating that Tesla Inc. could be planning more for its Austin gigafactory than it initially led on. According to documents filed with the Texas Commission on Environmental Quality, Tesla (Nasdaq: TSLA) plans to operate a ...
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Further euro rise would hit growth and inflation, ECB policymakers warned A further rise in the euro would be a "risk to both growth and inflation", according European Central Bank policymakers, who fear that eurozone inflation will remain in negative territory until the end of the year. The high level of ...
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Moderna will not enforce coronavirus vaccine patents during pandemic Moderna Inc., the current frontrunner in the race to develop a coronavirus vaccine, said it will not enforce patents related to its work amid the ongoing pandemic, enabling other companies to potentially follow a similar blueprint while developing their own ...
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Why Working During Retirement Could Hurt You From a Social Security Standpoint Holding down a job as a senior could be a smart move, but it could also impact your Social Security income. Maurie Backman. (TMFBookNerd). Oct 8, 2020 at 6:02AM. Author Bio. Maurie Backman is a personal finance writer who's passionate about educating ...
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Counterfeit masks, unapproved COVID-19 meds seized in Baltimore U.S. Customs and Border Protection said it has seized counterfeit or unapproved COVID-19 medications and test kits, and nearly 59,000 counterfeit face masks from 11 different countries totaling a retail value of over $2.5 million in port cities across the ...
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Adidas' Strung shoe is threaded together by a sewing robot Adidas' Futurecraft division has been running for a few years now, trying to find new ways to build footwear. Its 4D midsole demonstrates how 3D-printing could revolutionize the way footwear is made, while its Loop is made from entirely-recyclable materials.
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Wells Fargo closing one local branch Wells Fargo & Co is closing its Mandarin office. The San Fransisco-based bank (NYSE: WFC) announced the closure in a Sept. 30 filing with the U.S. Department of the Treasury's Office of the Comptroller of the Currency. The bank filed closing notices for nine ...
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Carnival bookings trending at higher end of historical ranges, but pricing is down Shares of Carnival Corp. CCL, -0.62% slipped 0.3% in morning trading Thursday, after the cruise operator said advanced bookings for the second half of 2021 capacity that is currently available for sale is at the "higher end" of historical ranges. The company ...
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Centennial-based jet maker rolls out test version of its supersonic passenger plane Colorado's most high-flying startup surpassed its most important milestone yet — finishing the test version of its supersonic jet and readying it for its first takeoff. Boom Supersonic, the Centennial-based company formed to build supersonic planes for ...
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AMC Entertainment expects 520 of its 600 US theaters to be open by mid-October AMC Entertainment Inc. shares AMC, +1.11% jumped 4% in premarket trade Thursday, after the biggest operator of cinemas in the U.S. said it expects 520 of its roughly 600 theaters to be open by mid-October. AMC and other cinema chains have been hit ...
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Medicare's Annual Enrollment period By LOIS KINDLE. Navigating Medicare's Annual Enrollment period this year is going to be different, and it's important for everyone to know how to do it. LOIS KINDLE FILE PHOTO Insurance broker Marcie Maisonet and Payant Insurance Solutions want to ...
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India's market cap at record high, Sensex hits 40000 for first time since Feb Mumbai: Market capitalisation of all listed firms in India hit a lifetime high of ₹161 trillion on Thursday, amid sharp rebound in several macro indicators, pointing to a gradual economic recovery from the debilitating pandemic. In dollar terms, value of all shares ...
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Ant Group's US$35 billion IPO unlikely to be hurt by possible US curbs Ant Group's US$35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial technology giant due to its very limited overseas presence, potential investors and analysts said. FILE PHOTO: Alipay logo is pictured at ...
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AI construction verification co SiteAware raises $10m SiteAware's platform provides real-time, high accuracy verification of construction fieldwork through its purpose-built digital twinning engine, paired with AI anomaly detection. Israeli Artificial Intelligence (AI) construction verification software company ...
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Bloom Credit Raises $13M To Connect Businesses With Credit Bureaus Bloom Credit is helping fintech and other businesses that want to provide credit products, such as lending, personal finance or credit monitoring, work with the country's three credit bureaus. To accelerate that work, the New York-based startup secured $13 ...
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Retail Giants Clash: Amazon Sends Legal Notice To Future Group Over Its Deal With Reliance Amazon has sent a legal notice to the Kishore Biyani-promoted Future Group, over the latter's alleged breach of a non-compete contract. In August last year, Amazon acquired a 49% stake in the Kishore Biyani-owned Future Coupons for around INR 1,500 Cr.
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Dollar General to open new store concept Dollar General Corp. is seeking to attract more high-income shoppers with a new store concept. Dubbed Popshelf, the concept would focus on items such as party supplies, home decor and beauty products. Items will be priced mostly under $5, though ...
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DOJ adds former Pilgrim's Pride CEO, sales exec to chicken price-fixing indictment DENVER — A grand jury has indicted former Pilgrim's Pride Inc. (Nasdaq: PPC) CEO William Lovette and sales executive Jimmie Little as part of an ongoing price-fixing investigation by the U.S. Department of Justice. In a statement, the DOJ said Lovette, Little ...
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Free Santander Cycle rides for people in Milton Keynes during Clean Air Day tomorrow Registered nextbike customers will be offered two hours of free cycling tomorrow (Thursday) to remind people to do their bit to keep air pollution levels down. Led by Global Action Plan, Clean Air Day brings together communities, businesses, schools and the ...
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Trump Says US Troops in Afghanistan Should Be 'Home by Christmas' WASHINGTON (Reuters) - The United States should have its remaining contingent of troops in Afghanistan home before the end of the year, President Donald Trump said on Wednesday. On Twitter, Trump said, "We should have the small remaining number ...
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Jill Haley: Two forms you need to file to get financial aid Most families with high school students are aware that they need to complete the Free Application for Federal Student Aid (FAFSA) to get grant money to attend college. That application opened on Oct. 1 and should be filed by families if their student will attend ...
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