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ECB eyes more bond buys, cheap loans in December as pandemic hits FRANKFURT (Reuters) - The European Central Bank committed on Thursday to take new action in December to contain the growing fallout from a second wave of coronavirus infections, likely in the form of more bond purchases or cheap credit for banks.
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Two Latinas Share Their Experiences Advocating For Fair Compensation October 29th is Latina Equal Pay Day—a day designed to highlight pay disparities between Latina's and white, non-Hispanic men. Latinas earn 55 cents for every dollar made by their white male counterparts. In order to close this gap, it will take awareness on ...
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Gilead unexpectedly cashes in with nearly $900 million in sales of COVID-19 drug But Wall Street analysts are ambivalent about Veklury's potential, given some unknowns about the drug's effectiveness. Getty Images. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon. Print icon; Resize icon ...
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Exxon announces additional job cuts amid ongoing Covid-19 hit to oil demand Exxon said Thursday that it intends to reduce its U.S. staff by around 1,900 employees. · The reductions will consist of both voluntary and involuntary programs.
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Alliance Data Inks $450M Deal For FinTech Bread Alliance Data Systems is the latest big player to jump on the buy now, pay later (BNPL) consumer finance trend. Alliance, which provides co-branded and private-label credit cards, announced on Thursday (Oct. 29) that it will acquire Bread and its digital ...
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In latest semiconductor megamerger, Marvell seeks data-center depth with $8 billion Inphi buy 'You've seen cloud companies growing like crazy,' Marvell executive tells MarketWatch of reason for deal that follows AMD-Xilinx and Nvidia-Arm. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon. Print icon; Resize icon ...
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Bed Bath & Beyond has laid out its transformation plan, now analysts are focused on execution Bed Bath & Beyond Inc. BBBY, -0.16% laid out a detailed transformation plan during its Wednesday investor day presentation and now analysts have turned their focus toward execution. The strategy includes the launch of more than 10 owned brands over the ...
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Syneos Health snaps up late-stage CRO Synteract, aims to 'drive growth' among emerging biopharmas Syneos Health is buying out midsized, late-stage focused contract research organization Synteract to help bolster its research services footprint. About two years ago, INC Research and inVentiv came together in a $7.4 billion merger and rebranded as ...
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Overstock Doubles Its Sales Thanks to Furniture Push While sentiment drifted down in recent weeks, investors still came into Overstock.com's (NASDAQ:OSTK) third-quarter earnings report with sky-high expectations. The business, which includes an unlikely pairing between e-commerce retailing and blockchain ...
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Five civic booster groups merge, hope to promote St. Louis region with one voice ST. LOUIS — In a move business leaders hope can unify and refocus the region's policy priorities and growth efforts, the boards of five prominent private civic groups announced Thursday that they have agreed to merge into a new organization, Greater St.
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Giant Food names Irfan Badibanga to lead operations Former Family Dollar and Walmart executive Irfan Badibanga has joined Giant Food as senior vice president of operations. Plans call for Badibanga to start in his new role on Nov. 1, Landover, Md.-based Giant said Thursday. In the position, he will oversee all ...
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'Real Concerns' Over Rising NYC Coronavirus Levels: De Blasio NEW YORK CITY — A set of indicators tracking the coronavirus' path through New York have taken a troubling turn, Mayor Bill de Blasio said. De Blasio on Thursday said recent upticks in certain daily COVID-19 numbers raise "real concerns." The city's ...
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Bay Area could be worst hit by outward pandemic migration San Jose and San Francisco could be big losers, with the wider adoption of remote work causing a flood of migration away from metropolises, researchers say. Migration rates are expected to be three to four times higher than normal in the coming years as ...
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Tupperware profits and shares soar as more people are eating at home during the pandemic (CNN) After a string of dismal earnings and missed expectations last year, Tupperware (TUP) is reporting soaring profits fueled largely by demand from newly minted pandemic chefs. The company announced on Wednesday that it made $477.2 million in ...
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Visa Stock Is Rising Because Its Debit Transactions 'Continue to Astound' Visa's stock is perking up after the company reported third-quarter results that beat estimates—in stark contrast to Mastercard, which missed consensus forecasts. Visa (ticker: V) has less international exposure than does Mastercard (MA), which has been ...
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T. Rowe Price AUM rises 7.4% for third quarter T. Rowe Price Group said Thursday its total assets under management rose 7.4% to $1.41 trillion during the three months ended Sept. 30. The Baltimore-based manager also reported it acquired the assets of a $1.2 billion fund from PNC Bank in September.
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Verizon's 5G Home is expanding to parts of Atlanta, Dallas, Denver and San Jose Similar to its fastest mobile 5G service, the 5G Home offering relies on Verizon's millimeter-wave network, a high-frequency version of 5G that can offer download speeds well above 1 Gbps but with a range that's much more limited than traditional, lower- ...
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Why Walmart Is a Retiree's Dream Stock Walmart (NYSE:WMT) is an ideal company for retirees to own. After all, you are probably not looking for a fast-growing, high-risk stock. Rather, safer, dividend-paying companies are more suitable for your investment needs. Let's take a peek at the company ...
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Boeing Expects 737 MAX Regulatory Approvals, Delivery Restart in Fourth Quarter By Woodrow Bellamy III | October 29, 2020. Send Feedback | @WBellamyIIIAC · American Airlines, Boeing 737 MAX, COVID-19, deliveries, regulatory approvals, return to service, third quarter earnings. American Airlines has already set a timeline for its first ...
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State Department Says Two Americans Charged With Helping Carlos Ghosn Can Be Extradited To Japan The U.S. State Department agreed to extradite two American men to Japan to face charges they helped former Nissan Motor Chairman Carlos Ghosn escape the country to avoid criminal prosecution, Reuters reported Thursday, after the two reportedly spent ...
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Nokia cuts profit forecast and revamps strategy, shares slump 13% STOCKHOLM/HELSINKI (Reuters) - Telecom equipment maker Nokia NOKIA.HE cut its full-year profit and margin forecasts on Thursday, sending its shares tumbling 13% as the Finnish company's new chief executive overhauled its strategy to win the 5G ...
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Royal Dutch Shell Surprises With Dividend Hike After Earnings Beat. The Stock Is Rising. After a stronger-than-expected third quarter, the company said it has decided to increase its dividend by around 4% to 16.65 U.S. cents. Read: ...
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Blue Apron struggles to keep hold of customers after pandemic boost The pandemic may have turned the fortunes of Blue Apron, but the company still needs to prove it can hold on to its new customer base. The Manhattan meals-by-mail company said Thursday that its revenues were up 13% year-over-year for the third quarter, ...
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IMF blames resurgent coronavirus for UK growth downgrades LONDON (AP) — The International Monetary Fund has downgraded its growth forecasts for the British economy for this year and next, following an acceleration in the number of coronavirus infections over the past couple of weeks. In its annual assessment of ...
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Morning Bell With Jim Cramer: Don't Buy Shopify Now Dow futures rebound from the biggest decline in four months as earnings distract from surging coronavirus infections. Lockdowns in France and Germany highlight the scale of the second wave in Europe. U.S. infections hit a record high 80,662 as health ...
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RTP expansion will bring 878 new jobs to local biotech company with $96K average salary RESEARCH TRIANGLE PARK, N.C. (WTVD) -- More expansion is being planned in Research Triangle Park bringing additional high-paying jobs. North Carolina Commerce Secretary Anthony M. Copeland announced Thursday that BioAgilytix Labs LLC, ...
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Allegheny Technologies reports $50 million quarterly loss; CEO believes bottom is near Allegheny Technologies Inc. posted its third straight quarterly loss Thursday as the Pittsburgh-based metals giant continued to get hit by the steep decline in the airline industry due to COVID-19. "It's an understatement to say that 2020 has been a challenging ...
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AB InBev CEO dismisses speculation he is stepping down soon BRUSSELS — Anheuser-Busch InBev's long-time Chief Executive Carlos Brito dismissed speculation about an imminent departure, telling Reuters Thursday that he expects to lead the world's largest brewer for some time to come. The Financial Times ...
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NBCUniversal CEO Talks 'Much Smaller' Upfront, Calls Peacock 'the Opposite of Quibi' 'The market is actually pretty strong, because if you have less ratings points, you have more demand,' NBCUniversal CEO Jeff Shell told investors Thursday. NBCU/Comcast. Headshot of Kelsey Sutton. By Kelsey Sutton. 8 mins ago. As Covid-19's effects ...
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FanDuel's 1st casino-based sportsbook in NJ coming to Bally's following $25M sale Online sportsbook FanDuel will have its first in-person casino sportsbook in New Jersey at Bally's Hotel and Casino Atlantic City, following the $25 million sale earlier this year of the seaside, boardwalk property. Twin River and FanDuel officials expect Bally's ...
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Facebook CEO Mark Zuckerberg says 'Happy Thanksgiving' to employees, gives them that week off Facebook CEO Mark Zuckerberg delivered an early Thanksgiving present to the company's more than 48,000 employees on Wednesday. He's giving all U.S. workers the entire week off and letting employees outside the country take three additional days off.
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Pending homes sales dipped in September After four months of growth, the number of U.S. homes going into contract declined in September, indicating a slowdown in homebuyer demand. A National Association of Realtors index of pending home sales dropped 2.2 percent last month, compared to ...
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Sunmark Credit Union makes another acquisition, expanding to Columbia and Greene counties Sunmark Credit Union said it has received approval to acquire another small credit union, Columbia-Greene Federal Credit Union in Hudson. Columbia-Greene members approved the merger as well as a conversion from a federally chartered credit union to ...
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Chevy's electric 1977 K5 Blazer is the classic truck of the future General Motors has built an electric 1977 Chevy K5 Blazer. Soon, you can, too. GM. The K5 Blazer-E serves as a showpiece for GM's upcoming Electric Connect and Cruise conversion kit that includes a battery and motor you can use to convert pretty much ...
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Dunkin Brands tops earnings estimates as same-store sales rise 0.9% Dunkin Brands Group Inc. DNKN, +0.21% posted third-quarter earnings that topped estimates as it achieved positive same-store sales during the pandemic. The company had net income of $74.0 million, or 89 cents a share, in the quarter, up from $72.4 million, ...
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The Mitsuoka Buddy Is a Rebodied Toyota RAV4 That Puts the Fun in Funky Everybody seems to be restyling RAV4s right now. First Suzuki, now famous oddball Japanese brand Mitsuoka. Mitsuoka. filter See all 7 photos. Alex KiersteinAuthor. Oct 29, 2020. It was only a few days ago that Suzuki revealed the Across, a rebadged and ...
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Coach parent Tapestry tops earnings estimates, shares jump 4.7% premarket Tapestry Inc. shares TPR, +7.48% rose 4.7% in premarket trade Thursday, after the parent of the Coach, Kate Spade and Stuart Weitzman brands posted better-than-expected earnings for its fiscal first quarter, despite the "unprecedented and challenging ...
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CVS to add rapid Covid-19 testing nationwide, including some sites in Orlando CVS Health is adding rapid Covid-19 testing across the nation, including in Orlando. The Woonsocket, Rhode Island-based health care retailer (NYSE: CVS) is providing the 30-minute tests at more than 1,000 locations by the end of the year. That will include ...
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Downtown ice rinks prepare for winter season — and social distancing BUFFALO, N.Y. — Want to lace up your skates and the ice downtown? Your chance is coming. The Erie Canal Harbor Development Corp. has targeted Nov. 20 or Nov. 21 to open the season at the Ice at Canalside. The rink, built on a portion of the former War ...
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Royal Caribbean CEO: You're Safer on a Cruise Ship Than on Main Street "Just when you thought it was safe to go back into the water" was the tag line for the movie Jaws 2. But the words may apply to the cruise industry now, given surging infections in cities worldwide. Yet, if you've spent any time with frequent cruise-goers, you ...
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Tesla officially increases price of its Full Self-Driving Kickstarter campaign to $10000 In a Kickstarter campaign, companies ask customers to purchase a product before it is fully completed or in production. They basically ask customers to help pay for the development of the product and in exchange, they ...
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Alliant plans to close coal-fired power plant in Lansing as it shifts to renewable generation Alliant Energy will close its Lansing coal-fired power plant in northeast Iowa over the next two years as it shifts to more solar, wind and other renewable energy to power thousands of homes and businesses across the state. Retiring the Lansing plant is part of ...
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Ice Castles: Returning to Wisconsin with new measures to promote social distancing Lake Geneva, WI, October 29, 2020 – A winter wonderland in Lake Geneva, Wisconsin will return this season with new measures designed with safety in mind. Ice Castles will offer families the same fun magical winter appeal this year with ice slides, crawl ...
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Beyond beer: Molson Coors sales dip but brewer remains focused on future growth MONTREAL — Molson Coors Beverage Co. recorded a lacklustre third-quarter as ongoing COVID-19 restrictions and packaging material constraints curbed the brewing giant's sales. The Montreal-based company, which reports in U.S. dollars, said Thursday ...
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Cenovus Energy takes $450M charge on Texas refinery, reports $194M Q3 loss CALGARY - Cenovus Energy Inc. reported a loss in its third quarter as its results were hit by a $450-million impairment charge related to a refinery it co-owns with Phillips 66 in Texas and lower oil prices due to the pandemic. The Calgary-based company says ...
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6 Accused Of Stealing Designer Clothes, Accessories Arriving At JFK Airport In $6 Million Cargo Theft Ring NEW YORK (CBSNewYork) — Queens District Attorney Melinda Katz announced the takedown of a multi-million dollar cargo theft ring allegedly operating at John. F. Kennedy International Airport. Six suspects are accused of forging documents for arriving ...
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Final Las Vegas Strip resort reopens as adults-only property following coronavirus closures LAS VEGAS (KLAS) — The last Las Vegas Strip resort — still shuttered by the coronavirus closures — is reopening Thursday morning and it will be an adults-only property. The Cromwell Las Vegas will opens its doors at 10 a.m. to welcome back guests.
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Gwyneth Paltrow, Rebel Wilson, Darren Criss and Baron Davis are backing an LA-based weed soda company Celebrity investors — including Gwyneth Paltrow, Rebel Wilson, Ruby Rose, Darren Criss, Baron Davis, Tove Lo and Casey Neistat — have come together to back the Los Angeles-based THC-infused drink company, Cann, the company said. It's the latest in a ...
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Are these finalists for Toy of the Year on your child's Christmas list? Parents looking for the top trending toys for their kids this Christmas might want to consider The Toy Association's 2021 Toy of the Year finalists. The association released the nominations today of 117 toys being considered in 16 categories. The lists include ...
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