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Trade Deficit Widens to $67.1 Billion, a 14-Year High: Live Updates Here's what you need to know: · The U.S. trade deficit climbed nearly 6 percent to $67.1 billion in August. · 'There is still a long way to go,' the Federal Reserve chair says. · Stocks are directionless as stimulus talks continue. · As movies are delayed, cinemas suffer.
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Studies Confirm That Half Of Americans Struggle With Retirement We've been in a retirement crisis for a long time. Way back in 1992, an Atlanta Journal-Constitution article warned that "[w]ith savings rates down, the future of Social Security in question and traditional plans going the way of the eight-track tape, experts say ...
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McDonald's 'Marketing War Chest' Is Filled With Celebrity Meal Promotions During McDonald's Q2 earnings call in late July, CEO Chris Kempczinski said the chain had "amassed a sizable marketing war chest" for the latter part of 2020. We now have a good idea of just what is inside that chest–powerhouse celebrity partnerships and ...
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Oil prices up 3% on supply disruptions and Trump's return LONDON (Reuters) - Oil prices rose more than 3% on Tuesday, supported by supply disruptions in Norway, a hurricane in the Gulf of Mexico and U.S. President Donald Trump's return to the White House from hospital. FILE PHOTO: The sun is seen behind a ...
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Powell warns of severe, ongoing risks to the economy as second-round of stimulus remains elusive Federal Reserve Chair Jerome H. Powell warned on Tuesday of ongoing risks to the economy and the consequences of insufficient support from policymakers, offering a sharp reminder that the economic recovery remains fragile and has a long way to go.
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Las Vegas: Bubble City MGM and Wynn last week both announced plans to implement rapid COVID testing in what may be a prelude to broad visitor testing that could make Las Vegas one of the safest destination on the planet. Jeff Hwang. (XMFRelentless). Oct 6, 2020 at 10:30AM.
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Like Jeff Bezos, Spotify's CEO makes 'big decisions' after 10:30 am—a look at his morning routine Like many successful executives — from Amazon CEO Jeff Bezos to Tesla and SpaceX CEO Elon Musk — Spotify co-founder Daniel Ek has his own unique morning ritual. But, "compared to some leaders," Ek said in an interview this year with The Observer ...
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Boeing forecasts 11% fewer jet deliveries over next 10 years because of coronavirus impact Boeing projects that the global coronavirus pandemic will result in 11% fewer new jets being delivered in the next decade compared to previous forecasts. That's about 2,200 fewer large aircraft built by all manufacturers, or 220 fewer per year on average.
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Mortgages in Forbearance Are on the Rise After a 6-Week Decline Despite declining unemployment rates, more homeowners have begun to request mortgage assistance during the pandemic. The coronavirus outbreak hurt millions of Americans financially, but thankfully, there's some relief available, particularly for ...
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Daimler To Slash Costs, Cull Mercedes-Benz Models To Boost EVs And Profits Mercedes-Benz's parent company, Daimler, today announced plans to slash 20 percent from its operating costs by 2025, while slashing its model lineup and tipping its range towards electric vehicles (EVs). The move, which puts thousands more Daimler jobs ...
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White House nixes updated FDA guidelines on vaccine approval The White House has blocked new Food and Drug Administration guidelines on bringing potential vaccines for COVID-19 to market that would almost certainly have prevented their introduction before the Nov. 3 election. At issue was the FDA's planned ...
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BioNTech, Pfizer start rolling EMA approval filing for COVID-19 vaccine The EMA uses rolling reviews to start assessing data on an experimental candidate before all the evidence needed to make a final decision is available, cutting the time it takes to decide whether to approve a prospect once the pivotal clinical trial results are ...
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NextEra Energy Doesn't Need Duke Energy to Thrive Reports of a rebuffed merger proposal shouldn't bother investors in the renewable energy giant. Matthew DiLallo. (TMFmd19). Oct 6, 2020 at 9:22AM. Author Bio. Matthew is a senior energy and materials specialist with The Motley Fool. He graduated from ...
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Southwest Airlines wants workers to take pay cuts to avoid furloughs Washington (CNN Business) Southwest Airlines says it will ask employees to take pay cuts to keep their jobs. In a new company-wide memo obtained by CNN, Southwest (LUV) CEO Gary Kelly told employees that airline revenue is down 70% and "we will all ...
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UPMC-backed startup launches app to keep track of doctor's recommendations It's easy to remember an apple a day keeps the doctor away but not so easy to recall what's included in a "cardiology cocktail" of medications. To help patients better understand and follow through on doctor's orders, UPMC-backed startup Abridge officially ...
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10 Amazon Prime Day 2020 Shopping Tips As you prep for Prime Day 2020, here are a few ways to take full advantage of the discounts, from 1-Click purchases to Alexa voice ordering. PCMag Staff. By PCMag Staff. October 6, 2020. facebook · twitter · flipboard. social share. Flipboard · Pinterest.
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Should I Invest in the S&P 500? How Do I Get Started? By Tiffany Lam-Balfour. For those would-be investors wanting to jump into the stock market but wondering which stock to buy, legendary investor Warren Buffett has a suggestion: Try buying 500 stocks instead. "In my view, for most people, the best thing to do ...
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Two Wall Street Banks With Two Different Views on Where European Stocks Are Headed A pair of Wall Street banks has produced somewhat dueling views on where European equities are headed, as those stocks have stalled out over recent months. After a 7% gain in the second quarter, the Stoxx Europe 600 slumped 12% in the third and is up ...
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Inside Root's IPO filing Last night, Root filed to go public, adding a second name to the insurtech IPO rolls in 2020. Lemonade was first out the gate this summer, taking its rental and home insurance business public at an attractive valuation, compared to its revenues and margins as ...
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Teen spending hit a 40-year record low due to the pandemic, survey says Teens haven't been spared the economic fallout from the pandemic. The Gen Z age group reports having spent less money in 2020 than any other year of the past two decades, according to Piper Jaffray's 40th biannual "Taking Stock with Teens" research ...
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Buy Costco Stock Because Its 'Special Sauce' Is Driving Long-Term Growth Costco Wholesale stock was rising Tuesday morning, following an upgrade from Barclays, which argues there are about half a dozen reasons to buy the discounter. Analyst Karen Short boosted her rating on Costco (ticker: COST) to Overweight from Equal ...
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Current 30 Year Interest Rates, October 6, 2020 | Important rate falls The average rate for a 30-year fixed-rate mortgage is 3.06 percent, declining 1 basis point over the past seven days. One month ago, the average interest rate on a 30-year loan was worse, at 3.08 percent. At today's average interest rate, you'll pay principal ...
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Ambani sells over $750 million Reliance Retail stake to Abu Dhabi Investment Authority Abu Dhabi Investment Authority, which invested $750 million in Indian telecom giant Jio Platforms in June this year, has returned to invest just as much capital in Mukesh Ambani's other venture. Reliance Retail, India's largest retail chain, said on Tuesday that ...
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J&J moving to settle 1000 talc lawsuits for more than $100M: Bloomberg Battling more than 20,000 lawsuits alleging its talc powder causes cancer, Johnson & Johnson is moving to settle more than 1,000 suits for about $100 million, Bloomberg reports. J&J, which hasn't faced a talc trial in months amid the pandemic, used the ...
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Walmart Fruit Recall In IL: Listeria Fears Over Pre-Cut Fruit ILLINOIS — Listeria fears have prompted the expansion of a recall of pre-cut fruit made by Country Fresh and distributed at Walmart stores in Illinois and eight other states. The recall includes containers of "Freshness Guaranteed" cut or sliced watermelon, ...
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Airport fixture XpressSpa to start rapid COVID-19 tests at JFK and Newark airports, shares jump XpressSpa Group Inc. XSPA, +23.67% , a popular fixture in airports, said Tuesday it will begin rapid testing for COVID-19 at JFK and Newark airports on Wednesday. "We believe rapid COVID-19 testing at airports can play a major role in slowing the virus ...
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Lexus J201 concept is a modified LX 570 that's ready for the Rebelle Rally This is one tough LX. Lexus. Lexus debuted the J201 concept on Tuesday, and it'll make its public debut later this week when it participates in the 2020 Rebelle Rally. Driven by 2019 Rebelle 4x4 class champions Rachelle Croft and Taylor Pawley, the J201 ...
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Papa John's new CFO compensation includes a $475000 cash sign-on bonus Papa John's new chief financial officer will be paid at least $200,000 more than her predecessor, including a hefty sign-on bonus. The Louisville-based pizza company announced the hiring of CFO Ann Gugino, a former Target Corp. executive, on Monday.
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California starts taking new unemployment applications again California's Employment Development Department has launched a new identity verification system and is now ready to start taking new unemployment claims again. The new system, by Virginia-based cybersecurity firm ID.me, went live on Monday after a soft ...
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Cisco Simplifies Webex UX, Adds Noise Cancellation Acknowledging that Zoom has "taught [them] a thing or two about the end-user experiences," Cisco today unveiled a revamped Webex meeting experience, which includes more virtual backgrounds and a range of added capabilities, Javed Khan, GM and ...
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Alexion Plans to Boost Revenue Guidance, Buy Back $3 Billion of Stock Alexion Pharmaceuticals (ALXN) - Get Report shares rose Tuesday after the biopharmaceutical company announced plans to raise full-year revenue guidance by more than $200 million and to execute at least $3 billion of stock buybacks in 2021 to 2023.
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Thomson Rueters looks to sell stake in Times Square HQ Thomson Reuters is considering selling its stake in its Times Square headquarters. The media company hired an advisor to solicit interest for the 50 percent stake it owns in the 885,000-square-foot building at 3 Times Square, Bloomberg News reported.
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Mayor Jacobs: Trick-or-treating can go on as planned in Knox Co. Knox County Mayor Glenn Jacobs gave the green light for trick-or-treating this Halloween. The mayor said neighborhood trick-or-treating can go on as planned, but parents and children should ensure they are following local health rules to stay safe.
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Coronavirus slows drive-thru restaurant service times, study finds (FOX NEWS) -- If your fast food seems a little slower these days, it's not just your imagination – and the coronavirus pandemic may be to blame. Drive-thru times at 10 of the country's top fast-food restaurants increased by an average of nearly 30 seconds ...
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Condé Nast Traveler ranks Cincinnati hotel best in the Midwest Cincinnati is home to two of the region's best hotels, including the No. 1 hotel in the Midwest, according to Condé Nast Traveler. 21c Museum Hotel Cincinnati was the top-ranked hotel in the Midwest in Condé Nast Traveler's 2020 Reader's Choice Awards, ...
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Van Winkle Bourbon 2020 annual release coming soon FRANKFORT, Ky. (WTVQ/Press Release) – The anticipated release of the Van Winkle line of bourbons is coming soon. Yields from the barrels are typically low due to the evaporation during the long aging cycle, and this year is no exception. While the amount ...
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Walmart Health COO outlines health insurance business: 5 things to know Lori Flees, senior vice president and COO of Walmart Health, officially launched Walmart Insurance Services Oct. 6. The insurance agency will "assist people with enrolling in insurance plans and simplify what's historically been a cumbersome, confusing ...
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Valdosta fuel prices stagnant VALDOSTA — The more things change, the more they stay the same. Average gasoline prices on the local, state and national levels have remained unchanged during the course of a week. Monday, the average price of a gallon of regular gasoline in ...
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Are BlackRock Megatrends ETFs a Sign of More Active Funds to Come? As a Bob Dylan song once said, "The Times They Are A-Changin'" and that could be said today for investors' tastes in ETFs. From the growth-fueled funds to now value-oriented funds, there's also a market shift to active fund offerings as of late as evidenced by ...
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Here's Why You Probably Won't See Any More Tesla Reviews in Car Magazines Welcome to The Grid, R&T's quick roundup of the auto industry and motorsports news you should know this morning. Tesla Reportedly Dissolves its PR Team. Following months of radio silence from the Tesla media department, Jalopnik's Jason Torchinsky ...
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Deadline arrives to submit claims in iPhone class-action settlement (CNN) – The deadline is Tuesday, Oct. 6, for iPhone owners to submit claims in a $500 million settlement with Apple. The class-action settlement was the result of Apple admitting it used software updates to deliberately slow down phones. Apple said it took ...
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NN, Inc. Completes Sale of Life Sciences Division CHARLOTTE, N.C., Oct. 6, 2020 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that it has successfully completed the sale of its Life Sciences division to affiliates of American Securities LLC for the purpose of ...
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Covid fallout: Global airline industry will burn through $77 billion cash in second half of 2020 The aviation sector in India has also been significantly impacted due to the pandemic. For example, in July, the country's largest airline IndiGo declared a net loss of Rs 2,884.3 crore for the first quarter of 2020-21. The IATA has around 290 airlines as its ...
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Planet 13 Pre-Announces Q3 Revenue at $22.8 Million Preliminary unaudited Q3 revenue of $22.8 million with gross margins of ~50%. LAS VEGAS, NV / ACCESSWIRE / October 6, 2020 / Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNHF) ("Planet 13" or the "Company"), a leading vertically-integrated Nevada ...
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5 terrible ways for to apply Blockchain Technology in IoT and Cybersecurity Last week, my friend and colleague Monty Munford wrote as to how crypto would never take off until cybersecurity improves. And whilst I agree with the premise – It is going to take a whole lot more than 'enhanced cybersecurity' for crypto to become ...
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Grubhub Partners With Lyft to Offer Lyft Pink Members Delivery Perks Grubhub announced today it has inked an exclusive partnership with rideshare service Lyft to offer the latter's Lyft Pink members complimentary access to Grubhub+, according to a press release sent to The Spoon. Lyft Pink is the rideshare service's ...
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The Jaguar XE is now ever so slightly hybrid Not taken by a 3 Series or S60? Jag's mild-hybrid saloon is here. Stephen Dobie. 6 Oct 2020. Facebook · Twitter · Google+ · WhatsApp · Mailto · Copy link. Show/hide. 0. Magazine subscription – 5 issues for £5. PrevNext. Full screen. PrevNext. 1/8 ...
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Nearly 20000 Amazon Employees Have Contracted Covid-19 This Year Amazon finally released data on the number of coronavirus cases among its workforce and it's staggering: Nearly 20,000 U.S. employees have contracted the virus since March. The e-commerce giant said in a blog post Thursday that between March 1 and ...
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Wild US Gas Price Swings Reveal Doubts About Winter, Supplies (Bloomberg) -- Rollercoaster moves in the U.S. natural gas market over the past few weeks are underscoring traders' uncertainty about whether a frigid winter, muted output and rebounding demand will send prices rocketing higher in the coming months.
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Scribe Therapeutics launches a platform for engineering CRISPR-based therapeutics A new company called Scribe Therapeutics founded by two former members of CRISPR pioneer Jennifer Doudna's UC Berkely genetics lab (alongside Doudna herself) launched on Tuesday, debuting a platform designed specifically to help develop and ...
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