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Euro skids to four-week low after ECB signals further easing NEW YORK (Reuters) - The euro dropped to a four-week low against the U.S. dollar on Thursday after the European Central Bank president flagged further monetary easing in December. FILE PHOTO: Rolled Euro banknotes are placed on U.S. Dollar ...
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Exxon to cut 14000 jobs as pandemic hits oil demand (Reuters) - Exxon Mobil Corp XOM.N said on Thursday it could cut its global workforce by about 15%, including deep white-collar staff reductions in the United States, as the COVID-19 pandemic batters energy demand and prices. FILE PHOTO: A view of the ...
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RPT-UPDATE 5-Shell raises dividend as CEO says oil output past peak (Repeats with no changes to text). * Shell boosts third quarter dividend by 4%. * Outlines plans to focus oil and gas operations. * Q3 profits easily beat forecasts. * Shell says to increase dividend annually. * 2019 was probably "high point" for Shell's oil output - ...
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Amazon reports sales growth of 37%, topping estimates Amazon reported its third-quarter results after the closing bell on Thursday, soaring past analysts' expectations for profit and sales, which grew 37% year over year. For the fourth quarter, Amazon forecast operating income to fall between $1 billion and $4.5 ...
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Black Friday TV Deals 2020: The Best Early Options From Samsung To LG Black Friday is synonymous with doorbuster sales on big-ticket electronics — especially televisions. This year, expect many retailers (including Amazon and Best Buy) to sell TVs at discount prices throughout the months of November and December, all under ...
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Budget airline shares jump on sunnier outlook for travel despite pandemic Spirit and Allegiant each beat revenue estimates for the third quarter. Domestically focused airlines are trading higher than big network carriers. Business and international travel have plunged in the pandemic, a wound that hits large carriers more.
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Strong ad revenues boost Facebook past expectations as company cites ecommerce boom as tailwind Facebook reported its Q3 earnings today, including revenues of $21.5 billion, net income of $7.8 billion. The company earned $2.71 in per-share profit during the three month period. Analysts had expected Facebook, the social giant, to earn a much-smaller ...
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Twitter shares sink despite earnings beat amid slowing user growth and ad uncertainty Twitter reported earnings for its third quarter of 2020 on Thursday that beat analyst estimates on the top and bottom lines. But it fell short of estimates on user growth. Twitter's earnings report comes one day after its CEO Jack Dorsey testified in front of the ...
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It's Official: SpaceX Can Bid on $20 Billion FCC Rural Broadband Contract Oct. 29 marks the opening of bids to provide subsidized broadband internet service -- including from space. Rich Smith. (TMFDitty). Oct 29, 2020 at 1:49PM. Author Bio. I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards ...
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Starbucks earnings top estimates as sales rebound quicker than expected in US, China Starbucks topped analysts' earnings and revenue estimates for its fiscal fourth quarter. The chain reported that its two largest markets, the U.S. and China, are rebounding from the pandemic more quickly than expected. Starbucks also released an outlook for ...
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Thanksgiving 2020: Milwaukee restaurants that will be open or are offering takeout Many large Thanksgiving gatherings are canceled, and restaurants are exploring all avenues for income during the pandemic. That means new options for heat-and-eat or ready-to-eat takeout this year, to meet the likely demand. And some restaurants will ...
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Economy grew at record 33.1% pace in Q3 as more businesses reopened after COVID shutdowns. But growth could ... The U.S. economy grew at a record pace in the third quarter, bouncing back from an unprecedented COVID-19-induced nosedive early in the year, but activity has slowed recently as the pandemic surges and Congress remains deadlocked over new a relief ...
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Strong YouTube ad growth powers Alphabet to better-than-expected Q3 Today after the bell, Alphabet announced its Q3 performance. The Google parent company generated revenues of $46.2 billion and per-share profit of $16.40 off the back of net income of $11.2 billion. Analysts had expected Alphabet to earn $11.21 per share, ...
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Fair housing groups accuse Redfin of racial discrimination and file suit Associated Press. October 29, 2020 3:14 pm. SEATTLE (AP) — Several fair housing organizations accused Redfin of systematic racial discrimination in a lawsuit Thursday, saying the online real estate broker offers fewer services to home buyers and sellers in ...
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Comcast says Peacock has nearly 22M sign-ups Comcast's latest earnings report includes some official user numbers for Peacock, the new streaming service from Comcast-owned NBCUniversal. Specifically, Comcast says that Peacock has received nearly 22 million sign-ups since it launched in July, and ...
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Temporary restraining order issued for sale of former state fairgrounds A temporary restraining order has been issued for the sale of the former state fairgrounds after a group called the State Fairgrounds Development Coalition filed a lawsuit alleging that the City of Detroit violated the law in selling the land. The Wayne County ...
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Big tech titans Amazon, Apple, Facebook, Google exceed earnings estimations amid pandemic Apple, Amazon, Facebook and Google announced their quarterly earnings within 30 minutes of one another on Thursday afternoon. Credit: AP. FILE - This file combination of 2019-2020 photos shows Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google ...
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Five9 Acquires IVA Leader Inference Solutions After the stock market closed today, Five9 announced the acquisition of intelligent virtual agent (IVA) company Inference Solutions. The purchase price is $172 million, $148 million in cash and $24 million when certain bookings targets are met. Inference ...
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Twitter, Facebook earnings on deck boost communications ETFs to 2-week high Communications-services exchange-traded funds rallied Thursday, as media giants led the market rebound. Companies like Facebook Inc. FB, +4.91% and Twitter Inc. TWTR, +8.07% were among the biggest gainers in the S&P 500 SPX, +1.19% , up more ...
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Illinois Gaming Board not ready to decide between south suburban casino proposals Northwest Indiana casinos are likely to have at least another year — and possibly much longer — before they'll have to compete for patron dollars with a new casino in south suburban Cook County. The Illinois Gaming Board revealed Thursday it is nowhere ...
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Moderna rakes in $1.1B on coronavirus vaccine orders Moderna Inc. has received $1.1 billion in customer deposits for its COVID-19 vaccine, expected to be available next year, as demand surges for a safeguard against the deadly airborne disease that would enable nations around the world to resume more ...
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Realogy reports $1.9 billion in revenue in Q3 Realogy Holdings Corp. released its third-quarter earnings report on Thursday, revealing revenue of $1.9 billion, an increase of 20% year over year, or $307 million. In Q2 the company reported a revenue of $1.2 billion for the three months ended June 30.
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Activision Blizzard posts higher Q3 sales, profit Strong sales at Activision Blizzard Inc. helped propel its bottom line as people continue to find ways to entertain themselves and connect with others during the pandemic. The videogame company posted a net profit of $604 million, or 78 cents a share, up from ...
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Cape Cod 5, The Coop among nation's 'Best Banks to Work For' HYANNIS – Cape Cod 5 has been named #29, and highest ranked institution in Massachusetts, on the list of 2020 Best Banks to Work For by American Banker. This is the bank's third year receiving this award in recognition of its ongoing investment in ...
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Health Matters: Is it Safe to Fly for the Holidays? Health Matters is a biweekly opinion column. The views expressed are solely the author's. Holiday season is fast approaching, and millions of people are weighing the risks of air travel versus staying home. The decision is intensified by the fact that many have ...
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Xtant Medical Announces Third Quarter 2020 Financial Results BELGRADE, Mont., Oct. 29, 2020 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today reported financial and operating ...
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Here's the Clear Leader in Developing a Coronavirus Vaccine for Kids We should soon know whether a coronavirus vaccine will be available to Americans in the near future. Four COVID-19 vaccine candidates are currently in late-stage clinical studies, with another expected to join the ranks by late November. The focus for these ...
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High stakes for Bristol: Nov. 3rd referendum will determine fate of Hard Rock Resort & Casino BRISTOL, Va. (WJHL)- Developers have called a proposed casino and resort a 'moonshot,' a 'catalyst,' and a 'grand slam' for the economic rebirth of Bristol, Virginia. They envision a sprawling Hard Rock destination, complete with restaurants, retail, and an ...
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GS Performance to relocate to Nashville NASHVILLE, TN (WSMV) - The world's leading manufacturer of the Glock handgun accessories and parts is relocating its headquarters to Nashville, the governor announced on Thursday. GS Performance is also moving its manufacturing and distribution ...
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Walmart temporarily pulling guns and ammunition from store shelves, citing possible unrest following the election Customers can still buy firearms and ammunition from Walmart but will have to ask a store associate for help.
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Some Method hand washes sold in SF recalled SAN FRANCISCO (KRON) — Some Method gel hand washes sold at San Francisco Targets and Alberston's stores are being voluntarily recalled for possible bacteria. Method is recalling a specific lot number of 12 ounce gel hand wash in the "sea minerals" ...
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Medtronic to pay millions to settle kickback allegations to South Dakota surgeon The medical device maker Medtronic USA Inc. has agreed to pay more than $9.2 million to settle allegations that it improperly payed kickbacks to a former Sanford Health neurosurgeon. The penalties for the Minnesota-based company include $8.1 million to ...
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No deal yet, but Dunkin' Brands reports higher sales last quarter Dunkin' stores are recovering, despite the ongoing pandemic that continues to take a toll on smaller businesses after seven months of the coronavirus in the United States. The coffee chain reported sales in the US were up about 1 percent in the third quarter ...
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CVS Health adding rapid-result Covid testing services in CT this week CVS Health plans to expand its Covid-19 rapid-result testing services in 22 states, including Connecticut, by the end of this week. Photo courtesy CVS Health. The Woonsocket, Rhode Island-based company said nearly 1,000 CVS pharmacies nationwide will ...
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GM unveils 1977 K5 Blazer-E with electric power thanks to its upcoming eCrate conversion kit GM has unveiled its 1977 Chevy K5 Blazer-E converted to electric power with its upcoming eCrate conversion kit using Chevy Bolt EV batteries. Last year, GM unveiled an electric pickup hot rod concept with two Bolt EV batteries packaged into an "eCrate" ...
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The 2021 Porsche Cayenne Hybrid's battery capacity just got 27 per cent better Porsche has updated the Cayenne Hybrid for 2021, adding more range thanks to a bigger battery. The automaker increased capacity by 27 per cent, from 14.1 kWh to 17.9 kWh. It hasn't said exactly how many kilometres the Cayenne's range will be extended ...
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Latinas experience lifetime earning gap compared to White men, report says Amid the COVID-19 pandemic, Latinas represent a large percentage of front-line workers in the U.S., according to the National Women's Law Center (NWLC). And October 29 is Latina Equal Pay Day — the day when Latinas in the U.S. make the same amount ...
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2020 Toys for Tots The 2020 Toys for Tots campaign is underway! Toys for Tots is a program run by the United States Marine Corps Reserve which distributes toys to children whose parents cannot afford to buy them gifts for Christmas. The program was founded in 1947 by ...
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