Thursday, October 8, 2020

Google Alert - finance

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finance
As-it-happens update October 8, 2020
NEWS
The New York Times
Good morning. (Was this email forwarded to you? Sign up here.) Dan Loeb wants Disney to bet big on streaming. It isn't often that an activist investor wants a company to spend more money on itself and less on shareholder payouts. But that's precisely what ...
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The New York Times
A report from the Labor Department on Thursday is expected to show that layoffs remained high last week — although data problems in California will make it hard to know exactly how high. Economists surveyed by FactSet estimate that first-time filings for ...
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The New York Times
Today's record low bond yields could not come at a worse time for many baby boomers. Owning U.S. Treasuries, the undisputed safest bond for retirees, means signing on for next to nothing in earnings for the next five to 10 years. That's because the current ...
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CNN
New York (CNN Business) The oil and gas industry is laying off workers at an unprecedented pace to cope with a pandemic that crashed energy prices and raised doubts about the future of fossil fuels. A staggering 107,000 jobs vanished from the US oil, gas ...
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CNN
(CNN) — British Airway retired the last of its huge Boeing 747 airplanes on Thursday when the final two planes still in service departed from London Heathrow -- a poignant event brought upon by the coronavirus pandemic. BA said that the jumbo jets, one ...
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Reuters
SYDNEY (Reuters) - Australian casino magnate James Packer said on Thursday he may have to cut his stake in his company for it to keep its licence and declared he would never rejoin its board after the "terribly shocking experience" of being accused of ...
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Reuters
ABU DHABI (Reuters) - A United Arab Emirates company is nearing the end of Phase III clinical trials of a Chinese COVID-19 vaccine and hopes to manufacture it next year, a representative said. Slideshow ( 5 images ). The trial, which began in mid-July, is a ...
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ABC News
BANGKOK -- Have you imagined piloting a plane into world airports? Do you miss airline meals or want a taste of first-class food? Thai Airways has found a way to offer those experiences despite being grounded by the coronavirus and landing in bankruptcy ...
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U.S. News & World Report
TOKYO (AP) — Global shares were mostly higher on Thursday on optimism that U.S. stimulus may be coming after all, as President Donald Trump appeared to reverse his earlier decision to halt talks on another economic rescue effort. France's CAC 40 edged ...
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Times of India
(Adds deal details). BRUSSELS, Oct 8 (Reuters) - Gilead Sciences said on Thursday it had agreed to sell Europe up to 500,0000 courses of its antiviral drug remdesivir, as the continent scrambles to shore up supplies of one of only two drugs approved to treat ...
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USA TODAY
A Roth IRA is a retirement account that comes with powerful tax breaks. Roths are a great option for seniors because while you invest with after-tax dollars, any money you withdraw as a retiree is tax-free. You won't pay taxes on investment gains, and ...
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MarketWatch
Shares in easyJet fell almost 3% on Thursday morning, after the budget carrier slashed flights to 25% of its normal level and urged the government to help airlines survive the COVID-19 pandemic, which has crippled the industry. In a trading update, easyJet ...
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USA TODAY
Americans are increasingly using Yelp to sound the alarm after encountering racist practices at businesses across the country. In the months following George Floyd's death under the knee of a police officer, an increasing number of reviewers have warned ...
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Washington Post
Dear Amy: My wife and I have been married for a long time. We grew up in working-class families, were the first in our families to graduate from college and had respectable careers in different industries. Support our journalism. Subscribe today. Now we're ...
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CNBC
Google must open talks with publishers in France about paying to use their content, a French appeals court confirmed. The court ruling may reverberate outside France, as it compels Google to sit down with publishers and news agencies to find a way to ...
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Pittsburgh Post-Gazette
The medical crisis that spawned an economic crisis has caused a hunger crisis in Pennsylvania. Pandemic-related business closings have led to layoffs or pay reductions for more than 1 million Pennsylvanians since March. Food banks in the state report that ...
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Reuters
SEOUL (Reuters) - Samsung Electronics Co Ltd said its third-quarter profit likely jumped 58% to the highest in two years, beating analysts' estimates as U.S. restrictions on China's Huawei boosted the South Korean tech giant's phone and chip sales.
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Oklahoman.com
Helen of Troy Ltd. on Thursday posted year-over-year profit and revenue growth in the latest quarter on strong online sales of its products across business segments. The company, which makes household products and personal-care products, recorded a ...
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MarketWatch
The separation is expected to be completed through a tax-free spinoff to IBM shareholders by the end of 2021. The move is part of IBM's plan to accelerate its hybrid cloud growth strategy. "Now is the right time to create two market-leading companies focused on ...
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The Commercial Appeal
While Amazon's fulfillment center in South Memphis has changed its operations for COVID-19, it isn't expected to transform much more for "Prime Day" and the looming holiday shopping rush. Tyler Fagan, the facility's general manager, said Amazon is ready ...
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WBIW.com
(UNDATED) – The holiday season is nearly upon us and the U.S. Postal Service urges customers to plan ahead and ship early to their friends and loved ones stationed on military outposts in faraway lands and serving on the high seas. To send packages to ...
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Financial Express
MG Gloster vs Toyota Fortuner vs Ford Endeavour: MG Motor today rolled out the all-new Gloster SUV in a segment cominated by the Fortuner and Endeavour. But it offers a set of segment-first features and also has an inviting price tag. By:Abhilasha ...
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Firstpost
The rich in India got richer as the wealth of the top 100 on the list increased by about 14 percent or $517.5 billion compared to 2019, as per Forbes Magazine. FP Staff October 08, 2020 16:24:24 IST. Forbes India Rich List 2020: Mukesh Ambani tops chart, ...
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CNBC
After calling off broader talks on an economic stimulus package, President Trump reversed course Tuesday night, urging Congress to approve smaller relief measures, including funding for small-business loans. Yet there is still a great deal of uncertainty ...
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MarketWatch
Unite Group PLC Thursday said that the valuation of its property portfolio rose 0.7% during the third quarter due to the U.K. government's coronavirus stimulus measures, and that its rental income is set to fall. The FTSE 250 student-accommodation developer ...
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Energy News Network
The Michigan utility aims to achieve carbon neutrality by 2050, but its compensation packages still include rewards for "coal plant reliability." DTE Energy is facing criticism from environmental groups for a "coal plant reliability" incentive in the Michigan ...
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masslive.com
A Strong storm blew through Western Massachusetts Wednesday evening leaving downed trees and power lines in its wake across the four counties of Western Massachusetts. The storm has left more than 63,000 homes and businesses without power in ...
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Eagle 99.3 FM WSCH
The flights will be available at the beginning of 2021. Shutterstock photo. (Erlanger, Ky.) - Southwest Airlines is expanding service between CVG and three warm weather destinations. Cincinnati/Northern Kentucky International Airport announced Wednesday ...
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WBIR.com
At McGhee-Tyson airport, the flights may be leaving on time, but the number of passengers is way behind schedule. After 2.5 million people flew through Knoxville's airport in record-shattering 2019, the coronavirus pandemic has grounded expectations for ...
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The New Indian Express
The move further strengthens Infosys' end-to-end customer experience offerings and demonstrates its continued commitment to help clients navigate their digital transformation journey, Infosys said.
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FT Adviser
Hargreaves Lansdown has benefitted from savings provider NS&I cutting its interest rates with the fund giant seeing increased interest in its own savings account. In a trading update published today (October 8) the company said flows into its active savings ...
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Financial Express
Amazon agreed to purchase 49% of one of Future's unlisted firms last year, with the right to buy into flagship Future Retail Ltd. after a period of between three and 10 years. The deal between Reliance and Future, announced late August, is awaiting regulatory ...
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Simply Business knowledge
Boris Johnson has said that he wants to turn 'generation rent' into 'generation buy' – but landlords shouldn't be fearful of his intentions. Nine golden rules to help landlords with rent disputes · Government announces eviction bans for areas in local lockdowns.
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Livemint
Majesco proposes to buyback up to 74,70,540 fully paid equity shares of ₹5/- each of the company, representing 25% of the total paid-up equity capital of the company as on September 30, 2020) at a price of Rs. 845.
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expressandstar.com
Essington Farm has had to make changes to their pick your own event this year to adhere to social distancing guidelines. Tickets to pick pumpkins will now have to be booked in advance, to ensure there is no overcrowding in the field. Richard Simkin, at ...
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sUAS News
HAPSMobile Inc. ("HAPSMobile"), a subsidiary of SoftBank Corp. (TOKYO: 9434) and minority-owned by AeroVironment, Inc. ("AeroVironment," NASDAQ: AVAV), today announced that an altitude of 62,500 feet (approximately 19 kilometers) was reached ...
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Swindon Advertiser
MOTORISTS are being urged to clean up their act and bring down air pollution levels in the town. The early months of lockdown demonstrated the adverse affect traffic on the roads has on air quality in Swindon – and on Clean Air Day people are being ...
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TechCrunch
The German energy company E.ON, which counts over 50 million commercial, residential, and industrial customers, has created a new EUR250 million ($265 million) investment fund called Future Energy Ventures to invest in "asset-light" tech startups.
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Washington Post
In the first and only vice presidential debate, Sen. Kamala Harris and Vice President Mike Pence parroted many of the false and misleading claims we have heard from the top of the tickets. Harris misleadingly said President Donald Trump's tax law benefited ...
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NDTV
Customers can access live channels including Sony SAB HD, Colors HD, SET HD, Nick HD+, Dangal, DD National, News18 India, MTV Beats HD, SONY BBC Earth HD, Mastii TV Music, and Discovery. Zee TV, Zee Cinema, and Zee News are expected to join ...
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