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Big Tech Continues Its Surge Ahead of the Rest of the Economy Facebook. Facebook's revenue for the third quarter rose 22 percent from a year earlier, to $21.2 billion, while profits jumped 29 percent to $7.84 billion. The results surpassed analysts' estimates of $19.8 billion in revenue and profits of $5.53 billion, according to ...
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Here's Everything We Know About Early Black Friday Deals From Walmart, Best Buy, and The Home Depot You can thank the pandemic for Amazon Prime Day's shift from mid-July to October 13 and 14 this year. And when Walmart, Best Buy, Target, and the like followed suit with their own sales, they kicked off an avalanche of holiday sales that will carry everyone ...
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Trump's Re-Election Economic Scorecard The elections are five days away and the first estimate for September quarter's GDP was released Thursday morning, showing growth of 33.1%. While this is just short of twice the 16.7% record growth recorded in the first quarter of 1950, it is due to the ...
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YouTube brings in $5 billion in ad revenue as Alphabet and Google bounce back Google parent company Alphabet's third quarter revenue increased 14 percent from the year before, led by a rebound in advertising revenue for both Google and YouTube. YouTube brought in $5 billion in advertising revenue in the third quarter of 2020 — a ...
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Netflix is raising prices for its standard and premium plans 'SNL' mocks the Trump and Biden town halls. New York (CNN Business) Netflix's prices are going up. The streaming media company is raising the prices on its standard and premium plans for US customers. Its standard plan is now $14 a month, up $1 a month ...
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Deckers Brands Reports Second Quarter Fiscal 2021 Financial Results GOLETA, Calif., Oct. 29, 2020 /PRNewswire/ -- Deckers Brands (NYSE: DECK), a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, today announced financial results for the second fiscal quarter ended ...
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Fair housing groups: Redfin 'redlines' minority communities Several fair housing organizations accused Redfin of systematic racial discrimination in a lawsuit Thursday, saying the online real estate broker offers fewer services to homebuyers and sellers in minority communities — a type of digital redlining that has ...
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4 Reasons Teladoc Health Stock Can Reach $305 Here's why analysts are excited about the telehealth leader and its merger with Livongo that shareholders just approved. Cory Renauer. (TMFang4apples). Oct 29, 2020 at 2:53PM. Author Bio. Cory is a long-term minded analyst focused on the Healthcare ...
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Starbucks sees hotter-than-expected earnings for 2021 (Reuters) - Starbucks Corp SBUX.O forecast 2021 earnings largely above estimates on Thursday, helped by strong online orders and a recovery in demand following the initial hit from the COVID-19 pandemic. Slideshow ( 2 images ). The coffee chain was ...
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Selection of Waukegan casino operator delayed at least six months Plans for a Waukegan casino on city-owned land near the Fountain Square shopping center are delayed for at least six months. The Illinois Gaming Board announced at a special virtual meeting Thursday that its selection of which of three applicants will ...
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Flood of Medicaid redeterminations could overwhelm states States need more time to restart Medicaid eligibility redeterminations to prevent further disruptions to healthcare coverage and their budgets, experts said during a Medicaid and CHIP Payment and Accession Commission meeting Thursday. When Congress ...
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Comcast chalks up a record-breaking broadband performance in Q3 In Thursday's Q3 earnings, Comcast posted the best broadband quarterly results in its history by adding more than 633,000 residential and business subscribers. Over the past nine months, Comcast has added more broadband subscribers than it did in all of ...
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Every Polestar 2 is being recalled over a power-killing software glitch The Polestar 2 is experiencing its first round of growing pains. On Thursday, the Volvo-Geely subsidiary announced that was recalling its recently released EV sport coupe fleet to correct a pair of potential safety issues. The first issue involves a software glitch ...
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Losses pile up for US Steel in third quarter U.S. Steel Corp. reported its fifth consecutive quarterly loss on Thursday, though CEO David Burritt said business was picking up, especially for its flat rolled steel segment. The Pittsburgh-based steelmaker posted a loss of $234 million, or $1.06 per share, for ...
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ECB signals it's likely to boost stimulus in December The European Central Bank on Thursday said it was prepared to "recalibrate" its monetary stimulus programs in December, recognizing that it faces an environment in which risks are "clearly tilted to the downside." In a paragraph added to the top of ...
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Medtronic pays $9.2M to settle South Dakota kickback case SIOUX FALLS, S.D. — Minnesota-based Medtronic has agreed to pay $9.2 million to resolve allegations that it paid kickbacks to a South Dakota neurosurgeon and failed to accurately report them, the Department of Justice announced Thursday.
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Airport to begin search to replace Gulfstream after its surprise exit In the wake of the surprise announcement that Gulfstream Aerospace Corp. will abandon its Long Beach operations, Long Beach Airport today announced it will solicit companies interested in occupying the company's 22 acres of airport property.
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Chairwoman of Nevada Gaming Control Board leaving position, Gov. Sisolak says LAS VEGAS (FOX5) -- Governor Steve Sisolak on Thursday announced that Sandra Douglass Morgan, the Chairwoman and Executive Director of the Nevada Gaming Control Board, is resigning from her position. In a news release, Gov. Sisolak said ...
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Ford Earnings Were Great. The Stock Is in a Stealth Bull Market. Ford Motor's third-quarter earnings cruised past Wall Street estimates when it reported on Wednesday. Wall Street is impressed and the stock is rising. Analysts' target prices are rising, too, as Ford enters a new era with a new CEO aiming to turn around ...
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Cree's $1B facility in Marcy marks construction milestone MARCY — Construction of the Cree, Inc. semiconductor fabrication facility in Marcy is proceeding as expected. That's what officials stressed during a beam-signing ceremony — limited to 50 people to meet social distancing guidelines — to celebrate progress ...
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Columbia Sportswear shares plummet as Covid hammers sales and earnings Columbia Sportswear Co. shares plummeted in after-hours trading Thursday after the company announced quarterly sales and earnings significantly below Wall Street forecasts. The earnings period covered July through September, a time during which the ...
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Businesses prepare for election unrest by boarding up storefronts Bracing for potential unrest after next week's election, some area businesses are choosing to board up storefronts beforehand. The move comes just months after plywood barriers, installed after windows were smashed in downtown St. Louis and elsewhere, ...
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LVHN to expand new Lower Nazareth hospital LOWER NAZARETH TWP., Pa. - Lehigh Valley Health Network has announced more construction plans for the new hospital in Lower Nazareth Township, Northampton County. A second phase of construction will expand Lehigh Valley Hospital-Hecktown ...
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Facebook CEO Mark Zuckerberg says 'Happy Thanksgiving' to employees, gives them that week off Thanksgiving, which this year falls on Thursday, Nov. 26, is a federal holiday and the vast majority of Americans get the day off. Some companies also have made the following Friday a paid day off, too. But for a company the size of Facebook to take the whole ...
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Hard Rock Casino asks to amend its license application, vote delayed SPRINGFIELD, Ill. (WTVO) — The Illinois Gaming Board has decided to delay a vote to approve or deny Rockford's casino license. 815 Entertainment, in partnership with Hard Rock International, took the opportunity petitioned the board to amend its license ...
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Have a Spooky Clean Halloween with Splash Car Wash Splash Car Wash & Oil Change is having a Spooky Clean Halloween event on Saturday, Oct. 31 from 6 to 8 p.m.. This video file cannot be played.(Error Code: 102630). Author: THV11 Digital. Published: 2:20 PM CDT October 29, 2020. Updated: 2:20 PM ...
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AEP Energy Signs PPA for Output from New Savion 200-MW Solar Project in Central Ohio COLUMBUS, Ohio, Oct. 29, 2020 /PRNewswire/ -- American Electric Power's (NASDAQ: AEP) AEP Energy Partners subsidiary has signed a long-term power purchase agreement with Atlanta Farms Solar Project, currently being developed by Savion, ...
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Metro rail service disrupted while NFTA investigates track incident BUFFALO, N.Y. — An incident at the Niagara Frontier Transportation Authority's LaSalle station is causing metro rail service to be temporarily disrupted. A spokesperson for the Niagara Frontier Transportation Authority says the incident happened shortly ...
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Some Method brand liquid hand soap being recalled SALT LAKE CITY — "Method" is voluntarily recalling a specific lot number of 12 ounce gel hand wash in the scent "sea minerals." The affected products have been sold in Albertson's stores in Salt Lake City since the beginning of October. All other Method ...
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5 socially distant ways to celebrate Halloween in Birmingham Spooky SZN looks a bit different this year, but that doesn't mean we can't still celebrate. Here are 5 socially distant ways to get in the spooky spirit for Halloween in Birmingham. 1. Go pumpkin picking + carve it on Halloween. Birmingham, pumpkin, pumpkin ...
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E-cigarette maker Juul cuts valuation to US$10 billion: Memo Shopkeepers stand inside a Juul shop at a shopping mall in Jakarta, Indonesia, on Dec 30, 2019. (Photo: REUTERS/Ajeng Dinar Ulfiana). 30 Oct 2020 03:00AM (Updated: 30 Oct 2020 04:07AM ) ...
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Amazon set to open delivery station in Lodi in first half of 2021 Amazon Logistics has signed a lease and plans to open a delivery station in Lodi in the first half of 2021, the company said Thursday. The delivery station, which will be at 200 Gregg St., will power the last mile of the order fulfillment process. Packages are ...
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State-sponsored hackers and ransomware gangs are diversifying tactics Some of the world's most skilled nation-state cyber adversaries and notorious ransomware gangs are deploying an arsenal of new open-sourced tools, actively exploiting corporate email systems and using online extortion to scare victims into paying ransoms, ...
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T-Mobile expands iPhone 12 5G coverage to ~200 more cities, Verizon boosts 5G Home Internet Along with the iPhone 12 lineup debuting with support for the next-generation cellular network, 5G is starting to expand in meaningful ways across all the major US carriers. Now T-Mobile has shared that it has almost doubled the cities where its mid-band 5G ...
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