Monday, October 5, 2020

Google Alert - finance

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finance
As-it-happens update October 5, 2020
NEWS
Politico
NEW YORK — Wall Street rallied Monday as hopes for economic aid from Washington helped it recover all its knee-jerk losses after learning President Donald Trump tested positive for the coronavirus. The S&P 500 jumped 60.16 points, or 1.8%, to 3,408.60 ...
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Houston Business Journal
California-based Chevron Corp. (NYSE: CVX), which already has a significant presence in Houston, has closed its multibillion-dollar deal to acquire Houston-based Noble Energy Corp. The Monday, Oct. 5, announcement came almost immediately after ...
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CNN
New York (CNN) Since it opened in 1931, the Waldorf Astoria hotel in New York has been frequented by society's elite: politicians, actors and even royalty. Dubbed the "unofficial palace," the Waldorf has hosted the likes of Grace Kelly, Frank Sinatra, Ella ...
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Wall Street Journal
Working women are confronting painful choices amid the Covid-19 pandemic that threaten to unravel recent advances in gender equity—in pay, the professional ranks and in attaining leadership positions, according to a survey of more than 40,000 North ...
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pressherald.com
Internal projections from one of world's largest oil producers show an increase in its enormous contribution to global warming. By Kevin Crowley and Akshat RathiBloomberg. Email Writer. Share. facebook · tweet · reddit · linkedin · email · print. 0 Comments.
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CNN
Country Fresh, which packages pre-cut apples, grapes, mangos, pineapples and cantaloupe for distribution to retailers such as Walmart, voluntary recalled the items after the US Food and Drug Administration discovered Listeria monocytogenes on equipment ...
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FiercePharma
FDA commissioner Stephen Hahn said he has "absolute faith" in the agency's review process for COVID-19 vaccines. (FDA). Share Facebook Twitter LinkedIn Email Print. With numerous COVID-19 vaccines in late-stage testing, the FDA may soon face critical ...
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Foreign Policy
Signs that the energy transition is picking up speed abound. One of the world's largest oil companies, BP, recently projected oil demand may be close to peaking. The governor of California just signed an executive order to ban the sale of new gasoline-fueled ...
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ModernHealthcare.com
Select Rehabilitation plans to acquire Kindred Healthcare's contract rehabilitation services business line, RehabCare. The two companies on Monday said they signed a definitive agreement for the deal. Terms were not disclosed but the deal is expected to be ...
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CNBC
Here are the companies making headlines in after-hours trading. Alteryx — Shares of the analytics company soared more than 25% after Alteryx hiked its revenue guidance for the quarter that ended last month. The company also announced that board ...
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AZCentral.com
A fight broke out between two passengers on an Allegiant Air flight from Phoenix-Mesa Gateway Airport on Oct. 3 after one passenger confronted another for allegedly refusing the flight attendant's request to wear a face mask in addition to a face shield.
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Boston Business Journal
A Swiss drugmaker may walk away from its $500 million acquisition of Amag Pharmaceuticals with half of what it bargained for, after an FDA group said one of Amag's drugs should be pulled from the market. Officials at the FDA's Center for Drug Evaluation ...
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Philadelphia Business Journal
More than a week after it was victimized by a cyberattack, King of Prussia-based hospital management giant Universal Health Services said Monday it has made "substantial progress" toward restoring online operations across all of the company's IT networks.
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MarketWatch
"GSK is leading the industry in defining the next generation of data-driven drug discovery by harnessing genetic and clinical data to bring more precision to research and medicine," Nvidia's healthcare vice president Kimberly Powell said in a release.
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The Verge
Nathaniel Galicia Chien was driving down Interstate 580 with his parents in their brand-new Tesla Model Y when he started to hear a lot of wind. "I thought a window was open," Chien recalled in an email to The Verge, "but half a minute later the entire glass ...
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Fox News
IndyCar will delay the implementation of its new hybrid race cars to 2023 as a result of challenges posed by the coronavirus pandemic, which shortened the season and restricted testing this year. The series had originally planned to introduce new powertrains ...
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FEDweek
It won't be long before the Internal Revenue Service announces the new numbers that will apply to retirement savings in 2021. Every October the IRS lets us know what the savings limits and contribution phase outs will be for the next year, giving us plenty of ...
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Forbes
Johnson & Johnson will pay out over $100 million to settle more than 1000 lawsuits that claim the pharmaceutical giant's baby powder caused cancer, according to a Bloomberg report. Talcum powder on hands. getty ...
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Fox Business
Toyota has announced plans to introduce a hydrogen fuel-cell powered semi in the U.S. that could potentially compete with Nikola Motors if the embattled Arizona startup's vehicles ever make it to production. Continue Reading Below. The Class 8 trucks will ...
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El Paso Times
El Paso is getting another huge distribution center that is expected to create 950 jobs within five years, area economic development officials announced Monday. Massachusetts-based TJX Companies, which operates the T.J. Maxx, Marshalls and ...
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Dothan Eagle
Global Resources International plans to invest $9.5 million to open a medical manufacturing company in Dothan, creating 70 jobs and expanding local manufacturing capabilities. The company, Advanced Product Solutions, will anchor GRI's family of ...
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Orlando Business Journal
The statewide suspension of evictions is no more, and taking its place is a Centers for Disease Control & Prevention moratorium that requires additional steps for local renters seeking eviction protection. While the CDC's order offers good eviction protections, ...
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St. Louis Business Journal
If and when a coronavirus vaccine is on the market, St. Louis businesses had better be ready with a plan for their employees, a Spencer Fane legal expert advises. Currently there is no vaccine available, though several are in the works worldwide. Johnson ...
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Newnan Times-Herald
Please consider making a donation so we can continue to bring you the latest news and information on COVID-19 in our community. Donate Now. Cineworld suspending operations of Regal theatres in the U.S.. Laurel Huster / The Newnan Times-Herald.
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Motley Fool
BridgeBio Pharma is taking a second shot at fully acquiring what used to be one of its wholly owned subsidiaries, Eidos Therapeutics. If completed, the deal would give the Palo Alto, California-based biotech control over a drug that may provide some added ...
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Boston Business Journal
A contractor will miss its deadlines for delivering new Red and Orange line cars to the Massachusetts Bay Transportation Authority by a year or more, an agency official said Monday, keeping outdated cars in service well into 2024. The pandemic is only one of ...
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Law.com
It looks as if Cisco Systems Inc. is going to lose the first ever virtual patent bench trial of the COVID-19 era. But the company sure will have some interesting issues for appeal. Besides its objection to conducting Centripetal Networks v. Cisco Systems by Zoom ...
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Real Estate Weekly
CHARLOTTE, NC – Morgan Properties has acquired an 18-property multifamily portfolio, comprising 3,256 units in North Carolina and South Carolina, for $323 million. Morgan Properties plans to invest an additional $20 million in value-add renovations and ...
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The Real Deal
An iconic Central Park restaurant closed since March has permanently laid off its 163 employees. The Loeb Boathouse, situated on the southeast side of the lake, disclosed the move in a notice filed with the state Department of Labor, The City reported.
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CBC.ca
A diamond unearthed in Northern Ontario two years ago has sold for a record price in an online auction, to an unnamed buyer who paid $15.7 million for the flawless, colourless gem. The stone, which was cut from a 271-carat rough diamond found in the ...
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TheStreet
McDonald's (MCD) - Get Report again turns to music with its marketing, introducing a meal in collaboration with the Colombian reggaeton singer J Balvin. The Chicago fast-food giant will offer a J Balvin Meal, including a Big Mac sandwich, medium fries, ...
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WSBT-TV
Notre Dame has just announced that a Trader Joe's store will be added to Eddy Street Commons. The small-format specialty grocer will reportedly anchor the south end of the commons. "We are thrilled about the impending arrival of Trader Joe's and what it ...
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ETF Trends
Natural gas futures and related exchange traded funds surged Monday on rising liquefied natural gas exports and on supply concerns as another hurricane threatens production off the Gulf of Mexico. The United States Natural Gas Fund (NYSEArca: UNG) ...
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Motor Trend
Subaru's BRZ sports car skips the 2021 model year as it gears up for a redesign. Before you go out and snap up one of the remaining 2020 models left on dealer lots, take a look with us at its upcoming replacement. Marking the model's second generation, the ...
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CBS News
BOSTON (AP) — A former tech executive was sentenced Monday to one year of home confinement for paying $300,000 to bribe his son's way into Georgetown University as a tennis recruit, even though the son did not play tennis. Peter Dameris, of Pacific ...
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Welltower (NYSE: WELL) CEO Tom DeRosa is stepping down, and executive Shankh Mitra is filling his place. DeRosa is leaving his role as chairman and CEO after leading Welltower for more than six years, the Toledo, Ohio-based real estate investment ...
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Wisconsin State Farmer
WASHINGTON – The U.S. Department of Agriculture's National Agricultural Statistics Service (NASS) Grain Stocks report released earlier this week shows that old crop corn stocks on hand as of Sept. 1, 2020 totaled 2.00 billion bushels, down 10% from Sept.
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ZDNet
Here is a summary of today's news and announcement released by Nvidia at its GPU Technology Conference (GTC), this year held virtually: Data Center and Networking. New Family of BlueField DPUs for Center Networking, Storage and Security ...
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BNN
(Bloomberg) -- With Joe Biden's lead widening in the polls and President Donald Trump's campaign sidelined by the virus, investment strategists now say there's less of a chance for a contested election. A clear-cut Democrat victory could avoid a long and ...
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Alabama NewsCenter
Nationally ranked startup accelerator gener8tor today announced the 50 participants selected for 10 fall 2020 gBETA cohorts, including the five inaugural Alabama Bronze Valley Accelerator companies. The 50 startups are located across the country, and ...
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WKOW
MADISON (WKOW) -- UW Health has started using saliva collection for many people being tested for COVID-19 before a procedure. The method is being used for UW Health patients 3-years-old or older who are asymptomatic and being screened before an ...
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Delish.com
Every year we are positively BOMBARDED with all sorts of pumpkin spice products, and this year is no different. In fact, if anything, there is more pumpkin spice out this year than ever before. From pumpkin spice mac & cheese to pumpkin spice turkey, it's okay ...
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VegNews
McDonald's restaurants in the United Kingdom may soon serve a new vegan cheeseburger made with a Beyond Burger patty, according to local media outlet Vegan Food UK. The outlet shared an image from a survey taken by a person at McDonald's in the ...
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dbusiness.com
While overall sales for Ford Motor Co. dropped 4.9 percent year-over-year in the third quarter, truck sales outperformed 2019, according the automaker's most recent financial report. Ford sold 551,796 vehicles in the third quarter, a decrease of 2 percent for ...
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reNEWS
Connor Teskey has been named chief executive of Brookfield Renewable Partners, replacing Sachin Shah, who is now chief investment officer for Brookfield Asset Management. Teskey (pictured) has been with Brookfield since 2012 and most recently served ...
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