Federal Reserve Chair Jerome Powell urged Congress on Tuesday to pass a robust stimulus, saying that providing inadequate support would weaken the recovery from the coronavirus recession while "overdoing it" would only strengthen the rebound.
Bed Bath & Beyond stock surged 38% after the company disclosed a surprise profit for the second quarter of fiscal 2020, but investors may be underestimating the risks ahead. Adam Levine-Weinberg. (TMFGemHunter). Oct 6, 2020 at 10:38AM. Author Bio.
BP has taken the lead in the energy space as it looks to make a drastic shift toward alternative power sources. Does that make it a buy? Reuben Gregg Brewer. (TMFReubenGBrewer). Oct 6, 2020 at 9:05AM. Author Bio. Reuben Gregg Brewer believes ...
For those who love racking up airline miles with their favorite carrier and wish they could take some of the hassles out of flying, airline credit cards are enticing -- even if flying isn't as frequent these days. These cobranded cards offered by an airline card issuer ...
A long-term mindset and regular dividend increases have turned these companies into cash cows for Berkshire Hathaway. Sean Williams. (TMFUltraLong). Oct 6, 2020 at 6:06AM. Author Bio. A Fool since 2010, and a graduate from UC San Diego with a B.A. ...
PROVIDENCE, R.I., Oct. 6, 2020 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) ("Twin River" or the "Company") today announced that it intends to offer in a private offering, subject to market conditions, $125 million in aggregate ...
Mutual funds and ETFs both offer instant diversification, but ETFs are the winning choice for several reasons. Robin Hartill, CFP. (RobinH). Oct 6, 2020 at 9:31AM. It's virtually impossible to hand-select a diversified portfolio on your own. But diversification is ...
Clover Health, a tech-driven provider of Medicare Advantage insurance plans, plans to go public through a merger with a blank-check company called Social Capital Hedosophia, according to a filing with the Securities and Exchange Commission (SEC) ...
The numbers: Hiring and job openings in the private sector fell in August in a sign the U.S. labor market was cooling off as an economic recovery lost some of its earlier momentum, a government survey showed. Businesses, governments and other ...
While Nobel Prize watchers wait each October to see if Jennifer Doudna lands science's best-known marker of success for her role in turning a bacterial defense mechanism into a genome-editing tool, Doudna and the young scientists she's mentored are ...
Americans are giving up on getting help -- but are they right to do so? When the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law in March, it was instrumental in keeping families from dire financial hardship. For many, the ...
STUTTGART, Germany, Oct. 6, 2020 /PRNewswire/ --. New Mercedes-Benz strategy for the car business unveiled today at a virtual investor and analyst conference. The new strategy will enhance the Mercedes-Benz brand's luxury status, raise the product ...
Food companies are generally considered stable long-term stock investments, but shifting consumer tastes are forcing aging stalwarts to shift gears and creating fresh market opportunities to attract newcomers. Let's examine three food stocks that highlight ...
Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM), which has a major presence in Houston, is making dramatic job cuts in Europe as a result of the economic hardships facing oil and gas companies, the industry giant announced Monday, Oct. 5.
South Korean semiconductor manufacturer SK Hynix is celebrating today after it announced the world's first 64GB DDR5 RAM modules, paving the way for data centers and desktops alike to start moving away from DDR4. The official DDR5 memory ...
New York (CNN) Hey, it's been a rough year. Why not spread some love by sending noods to your friends and family? That's noods, as in noodles. Kraft's new #SendNoods promotion lets mac and cheese lovers send a free box (or a coupon to redeem for ...
SEOUL (Reuters) - South Korean retail investors ponied up over $50 billion as they sought to lay their hands on shares in Big Hit Entertainment, the management label of K-pop sensation BTS - more than 600 times the value of shares on offer. FILE PHOTO: ...
The manufacturer of a cancer drug with a target long thought "undruggable" has said it produced "positive" topline results in an ongoing Phase II trial. Promoted. How can payers use financial incentives to guide consumer health spending behavior? More than ...
Goldman Sachs Group Inc.'s new class of partners may be the smallest since the firm went public in 1999. The number of executives rising to the firm's top rank could drop below 60, down from 84 as recently as 2016, according to a person with knowledge of ...
It's been just over a year since Tom Panzarella and John Spletzer, two robotics engineers based in the Philadelphia area, formed their most recent venture, Box Robotics. And it's already found a buyer. Seegrid, a Pittsburgh maker of self-driving industrial ...
(Pixabay / dimitrisvetsikas1969) Santhera was gearing up to bring idebenone to market in Europe in the first quarter of 2021. (Pixabay/dimitrisvetsikas1969). Share Facebook Twitter LinkedIn Email Print. Santhera Pharmaceuticals has stopped a phase 3 trial ...
Technical buying and ideas dry soil in key competing countries may eat into global yields boosted wheat futures Monday. Corn futures were little changed, holding steady with support from wheat markets. Strong export demand and strength in crude oil ...
(Reuters) - Tesla Inc has dissolved its media relations team in the United States, news website Electrek reported on Tuesday, in yet another unconventional move by the world's most valuable automaker. Reuters could not immediately reach the electric-car ...
By Tina Bellon and Hilary Russ. NEW YORK (Reuters) - Ride-sharing service Lyft Inc will give its most loyal members free restaurant delivery from Grubhub Inc beginning Tuesday, a partnership that could hit their shared rival Uber Technologies Inc.
MULTNOMAH COUNTY, OR (KPTV) - Multnomah County Code Enforcement is hoping the public can help identify the person responsible for illegally dumping bags of human feces and kitty litter along rural roads near Troutdale, Springdale and Corbett.
On-site power manufacturer Generac Holdings Inc. this week announced the signing of an agreement to acquire Enbala Power Networks in a deal that it says will solidify Generac's position as a market leader in Smart Grid 2.0 technologies. Denver-based ...
Ram has made pickups as a standalone brand for about 10 years now, and the company is celebrating this milestone with a special edition truck. It's called the 2021 Ram 1500 Limited Longhorn 10th Anniversary Edition. Being the "Limited" trim, it's starting ...
The deadline for iPhone owners to submit claims in a $500,000,000 class-action lawsuit settlement with Apple closes on Tuesday, October 6th, 2020. The settlement is the result of Apple admitting it used software updates to slow down user's iPhones on ...
Daymond John, the founder and CEO of FUBU and Co-Star of ABC's four-time Emmy Award-winning show, "Shark Tank," has announced the forthcoming Black Entrepreneurs Day presented by Chase for Business. In conjunction with Medium Rare (Shaq vs.
McLaren has announced that it is producing a new series-production hybrid. The new model, which the firm calls a High-Performance Hybrid (HPH) supercar, is set to be introduced next year as a replacement for McLaren's Sports Series range of vehicles.
A flurry of plant-based product launches this week include Meatless Farm's first entry into the frozen food category, three new Morrisons products from Oumph! and Spanish brand Heura's UK debut. Meatless Farm has launched free-flow mince via Ocado.
Veeam has acquired Kasten, a provider of Kubernetes backup and disaster recovery (BDR) software for $150 million, the companies disclosed. The deal's valuation (i.e., an EBITDA multiple) was not disclosed. This is M&A deal 405 that ChannelE2E has ...
As expected, Charles Schwab said early Tuesday that it completed its $26 billion acquisition of TD Ameritrade, forming a brokerage firm with over $6 trillion in client assets. The news comes six days after the Federal Reserve gave the deal final regulatory ...
Pimco has officially assumed the leadership and oversight of Allianz Real Estate. The combined capabilities amount to $100bn in core, core-plus, value-add and opportunistic real estate assets globally. The partnership will expand Pimco's access to talent, ...
Dreyer's is renaming its Eskimo Pie ice cream bar to Edy's Pie. The company in June announced plans to change its "derogatory" product branding. Production of the ice cream bars was paused as officials came up with new branding and packaging for the ...
Netflix has launched a new feature designed to make it easier to find newly added content to the streaming behemoth. The company is looking to solve the selection anxiety experienced by many viewers who can be overwhelmed by the thousands of shows ...
Natural gas prices on Monday rose nearly 10 percent as lofty hopes of an economic stimulus deal in the United States persist, an increase in LNG exports, and positive reports of President Donald Trump's bout with the coronavirus reinvigorates the markets ...
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