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Dow futures rally more than 200 points amid coronavirus stimulus hopes U.S. stock index futures were higher on Thursday as expectations of a coronavirus stimulus bill being passed continue to drive up market sentiment. Futures tied to the Dow Jones Industrial Average gained 261 points, or 0.9%. S&P 500 futures gained 0.6%.
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McDonald's US quarterly same-store sales rise 4.6%, fueled by Travis Scott promotion McDonald's said Thursday its U.S. same-store sales in the third quarter rose nearly 5% as customers ate more Big Macs and McNuggets for dinner. Fast-food companies like McDonald's have been recovering from the coronavirus pandemic faster than the ...
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EU's potential COVID-19 vaccine doses top a billion with J&J deal BRUSSELS (Reuters) - The European Union has sealed a deal with Johnson & Johnson to supply up to 400 million doses of its potential COVID-19 vaccine, as the bloc builds up stocks amid a global scramble to secure shots. FILE PHOTO: The U.S. flag is ...
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Bank rules force staff to turn off NHS COVID-19 tracing app at work LONDON (Reuters) - Branch staff at some of Britain's biggest banks say rules that require them to store phones in lockers while at work are putting them at undue risk of COVID-19 from colleagues and customers, as they cannot use the country's tracing app.
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EU lawmakers ask Jeff Bezos if Amazon is spying on politicians after controversial job posting Amazon posted job ads for two intelligence analysts to cover, among other things, 'organized labor, activist groups, hostile political leaders'. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon. Print icon; Resize icon ...
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Gold rises on US stimulus hopes, awaits jobs data Gold rose on Thursday on hopes of a partial U.S. coronavirus stimulus deal to support the virus-stricken economy, while investors waited for the weekly jobless claims report from the world's largest economy. Spot gold had risen 0.2% to $1,891.36 per ounce.
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US jobless claims — aka layoffs — fall slightly in early October but still very high The numbers: The number of Americans who applied for jobless benefits fell slightly in early October to a fresh pandemic low, but they are declining more slowly in a sign the labor market could be experiencing greater turbulence. Initial jobless claims filed ...
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Smart Home Healthcare Market to Grow at Massive 26.2% CAGR by 2030: P&S Intelligence NEW YORK, Oct. 8, 2020 /PRNewswire/ -- The number of people in the age group of 65 and above was 703 million in 2019, and it will increase to 1.5 billion by 2030, says the United Nations in its World Population Ageing 2019 report. This factor is expected to ...
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Morgan Stanley to buy Eaton Vance for $7 billion in wealth push Morgan Stanley agreed to buy asset management firm Eaton Vance for about $7 billion in a cash-and-stock deal. The transaction advances CEO James Gorman's push to bolster the bank's wealth and investment management businesses. The headquarters ...
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Lyft continues healthcare push with Epic EHR integration Lyft on Thursday announced an integration with Epic Systems Corp.'s electronic health record system, marking the ride-sharing company's latest step into healthcare. Through the new program, staff at participating hospitals will be able to use a patient's ...
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Regeneron Asks FDA for Emergency Approval for Drug That Trump Claimed Cured Him The drugmaker Regeneron said on Wednesday evening that it had submitted an application to the Food and Drug Administration for emergency approval of the experimental antibody cocktail that President Trump had praised just hours earlier without ...
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Smoking From Home: Imperial Brands Sees Revenue Lift From Pandemic LONDON (Reuters) - Demand for cigarettes has picked up in the COVID-19 pandemic, helped by a rise in home working that has given smokers more opportunities to light up, Imperial Brands said on Thursday. The maker of Gauloises and West cigarettes ...
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Europe's answer to Twilio is now valued at $3 billion, as pandemic fuels cloud boom MessageBird has raised $200 million in a mega-round of funding that values the company at $3 billion. The Amsterdam-based cloud communications firm has experienced a surge in demand amid the Covid-19 pandemic. It operates in a similar space to ...
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Dollar General to open stores aimed at wealthier shoppers Company plans to open a new brand of stores called Popshelf that mostly sells things such as party supplies, home decor or beauty products. Facebook; Twitter; Print; Email. By Sarah NassauerThe Wall Street Journal. close. National Retail Federation ...
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Spinal Elements Announces Launch of Initial Public Offering CARLSBAD, Calif., Oct. 08, 2020 (GLOBE NEWSWIRE) -- Spinal Elements Holdings, Inc. ("Spinal Elements"), a CA-based spine technology company, today announced the launch of its initial public offering of 7,700,000 shares of its common stock at an ...
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Powerball results for 10/07/20; jackpot worth $52 million LANSING, MI – A player in Michigan came close, but there was no winner of the $52 million Powerball jackpot for the drawing held on Wednesday, Oct. 7. That means the Powerball drawing on Saturday, Oct. 10 will be worth $62 million with a cash option of ...
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FedEx, UPS shares rally as analysts see big holiday season surcharges boosting their bottom lines (This story is for CNBC Pro subscribers only). The looming holiday shopping season could pose a challenge to shipping companies already managing a surge in e-commerce, but that challenge should be a profitable one. As FedEx and UPS have geared up ...
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Acuity Brands stock rallies after profit, sales fall less than expected Shares of Acuity Brands Inc. advanced 1.2% in premarket trading Thursday, after the building management and lighting company reported fiscal fourth-quarter profit and sales that beat expectations. Net income for the quarter to Aug. 31 slipped to $73.7 ...
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Domino's quarterly sales surge but pandemic costs hit earnings; shares tumble Domino's U.S. same-store sales rose 17.5% during its third quarter as more consumers chose to order pizza during the coronavirus pandemic. But the pandemic also resulted in higher costs for the company, hitting earnings. As of Oct. 5, fewer than 300 of ...
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What Ant Group's IPO says about the future of finance IN THE STAID world of Chinese banking, it is rare for executives to voice public criticism. So Jack Ma, the founder of e-commerce giant Alibaba, made headlines in 2008 when he bemoaned how hard it was for small businesses to get loans: "If the banks don't ...
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Black Friday next week? Best Buy, Target announce deals As an unprecedented holiday shopping season is set to begin, Best Buy said Thursday it will offer dozens of "Black Friday" deals on Tuesday and Wednesday during the Amazon Prime Day event and Target's Deal Days. Target on Thursday released its ...
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We're lovin' it: McDonald's breakfast menu just got a little sweeter with new bakery lineup HOUSTON – Can you smell what McDonald's is cooking? For the first time in eight years, three new baked goods join the fast-food franchise's menu: apple fritters, blueberry muffins and cinnamon rolls. McDonald's website says each new menu item will be ...
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New Condo-Hotel Tower Sets Fort Lauderdale Height Record Fort Lauderdale's 100 Las Olas tower just opened at 499 feet, making it the tallest residential building in the city. The 46-story tower is a hybrid residential-hotel building with 113 luxury condominiums that start on the 16th floor above a 238-kety Hyatt Centric ...
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GVC raises forecast again as online betting surges GVC, the gambling group behind Ladbrokes Coral, has upgraded its full-year earnings forecast for a second time after a surge in online betting during the pandemic. Sports wagers were "well ahead" of last year's levels thanks to the ...
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MG Motor launches Toyota Fortuner-rival Gloster SUV MUMBAI: Expanding its product portfolio with a fourth model, MG Motor India Pvt Ltd on Thursday launched premium sport utility vehicle Gloster with a starting price range of ₹28.98-35.38 lakh, ex-showroom, Delhi. These prices are valid until 31 October or ...
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German energy company E.ON forms EUR250 million venture fund focused on smart grid tech 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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Supermarket jobs still safe despite automation agenda, says Woolworths boss Woolworths chief executive Brad Banducci has pledged that supermarket jobs won't suffer at the hands of automation, even as the grocery giant looks to inject more technolggy into its online delivery operations. The $48 billion retailer has pressed go on the ...
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OPEC expects to gain oil-market share after virus wounds rivals OPEC expects to emerge from the pandemic with a greater share of global oil sales, after 2020's price downturn battered rivals in the U.S. and elsewhere. The Organization of Petroleum Exporting Countries boosted forecasts for the amount of oil it will need to ...
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Elon Musk says Tesla to use new batteries, tech at Berlin factory; flags production risk The company plans to start the production of Model Y at Gigafactory Berlin during the second half of 2021. Tesla Inc Chief Executive Elon Musk said the company will produce Model Y with a new structural battery design and technology at its Berlin factory ...
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Unemployment, infectious diseases emerge as top challenges for business leaders: WEF survey 'Unemployment' is the main concern for business executives globally, followed by 'infectious diseases' that progressed by 28 spots to emerge as the second-most recurring risk, according to the World Economic Forum's (WEF) interactive map on 'Regional ...
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Trump says COVID-19 diagnosis was 'blessing in disguise,' touts experimental antibody drug WASHINGTON - In a nearly five-minute long video posted Wednesday, President Donald Trump said his COVID-19 diagnosis was "a blessing in disguise" and promised to make an experimental antibody drug "free" for all Americans that he credited for his ...
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Creating Smiles: Neocis Bites Into $72M Series D To Advance Dental Tech Neocis, which is developing robot-assisted dental implant surgery, secured $72 million in Series D funding. Subscribe to the Crunchbase Daily · Alon Mozes and Juan Salcedo co-founded the Miami-based company in 2012 after developing robotic surgery ...
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Boom Rolls Out Its XB-1 "Baby Boom" Supersonic Demonstrator Jet The XB-1 will support the continued development of Boom's Overture supersonic airliner that is slated to fly at over twice the speed of sound. · Boom Supersonic has officially unveiled its XB-1 supersonic demonstrator aircraft, which has also been referred to as ...
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Hemp, Inc. Announces Launch of New Product, Diamonds, Under King of Hemp® Line Las Vegas, NV, Oct. 07, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Hemp, Inc. (OTC PINK: HEMP) a global leader in the industrial hemp industry with bi-coastal processing centers, has announced the launch of a new cannabidiol (CBD) product ...
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2021 Audi E-Tron GT to get RS hero and jet sounds An RS version will be launched alongside the upcoming Audi E-Tron GT, with both to receive futuristic sound projections. 0 shares. The 2021 Audi E-Tron GT will get a high-performance RS variant, the brand has confirmed. While full details have yet to be ...
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Philippine budget carrier Cebu Air seeks $500m to weather COVID MANILA -- The Philippines' largest budget carrier Cebu Air on Thursday said it is looking to raise $500 million to repair a balance sheet that has been hit by the coronavirus pandemic. The move comes a day after the Philippine government hinted it could offer ...
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Beyond Meat Launches Vegan Breakfast Sausage Links The vegan brand is adding another new product to its growing portfolio: vegan pork sausages perfect for a breakfast spread. by Anna Starostinetskaya. October 8, 2020. 29 Shares. Today, vegan brand Beyond Meat announced the launch of its newest ...
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New Indictments In DOJ Chicken Price-Fixing Probe The Department of Justice announced six new chicken-industry defendants in its ongoing investigation into price-fixing and bid rigging for broiler chicken products. In June, DOJ indicted four executives in its first charges in the criminal probe. On Tuesday, a ...
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Infosys to acquire US-based Blue Acorn iCi for up to $125 million Blue Acorn iCi, which follows the calendar year, clocked $43.6 million revenue in 2019. The acquisition is expected to close during the third quarter of 2021. "The move further strengthens Infosys' end- ...
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What brokerages said on TCS stock post Q2 results, buyback On Thursday, the stock traded at Rs 2,864, up 4.6 per cent. CLSA said the company's order book was healthy and daily sales outstandings (DSOs) were the best ever, but rich valuation may limit absolute upside, the brokerage said even as it lifted its FY22 and ...
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Yamana Gold shares to begin trading Tuesday on the London Stock Exchange TORONTO — Canadian precious metals miner Yamana Gold Inc. says its shares will begin trading next week on the London Stock Exchange. The Toronto-based company is currently listed on the New York Stock Exchange and the Toronto Stock Exchange.
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Why Australians may not get access to a quick COVID-19 test developed in Brisbane A Queensland invention could be the key to reopening borders and facilitating travel in the time of COVID-19, but Australians could miss out on access to the technology. Brisbane-based biotech company, Ellume, has developed a rapid COVID-19 test which ...
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Slingshot Aerospace to develop virtual space simulation for military schools Slingshot received a $1 million Small Business Innovation Research contract and an additional $1 million from ATX Venture Partners. WASHINGTON — Space startup Slingshot Aerospace announced Oct. 8 it has won a U.S. Space Force contract to develop ...
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Meet the alt-protein upstarts who are funded by the likes of Paris Hilton and Lux Capital and looking to break into the ... Beyond Meat and Impossible Foods have popularized plant-based meat, but a host of younger startups are trying to expand the types of alternative protein products and ingredients on the market. Investors poured about $1.5 billion into such companies during ...
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