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The Dow and S&P 500 zoom higher as Wall Street predicts Joe Biden will win New York (CNN Business) The Dow and S&P 500 were up on Monday, one day before Election Day, when Wall Street expects Joe Biden will win the presidency and Democrats will retake the Senate and maintain control of the House. Stocks opened sharply ...
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Dow up 400 points as stocks gain steam ahead of presidential election U.S. stock-market benchmarks added to early gains Monday, bouncing after an ugly finish to October, with support tied to upbeat global economic data on the eve of Election Day, as markets continue to monitor rising COVID-19 cases and a stream of ...
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Lidar startup Aeva to go public via $2.1 billion SPAC merger Aeva, a Mountain View, Calif.-based lidar company started by two former Apple engineers and backed by Porsche SE, is merging with special purpose acquisition company InterPrivate Acquisition Corp., with a post-deal market valuation of $2.1 billion.
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Online Grocer Ocado Acquires Robotics Companies To Drive Automation Ocado, a U.K.-based online grocery, is heightening its automation drive by acquiring two robotics companies. Owning Kindred Systems of San Francisco and Haddington Dynamics of Las Vegas will help Ocado tackle "one of the world's hardest challenges in ...
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CureVac's COVID-19 vaccine shows immune response in Phase 1 trial Shares in CureVac jumped higher on Monday, after the German biotech company said its experimental COVID-19 vaccine triggered a good immune response in humans in a Phase 1 clinical study, placing it on track to launch the final stage of testing before ...
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Ford steals back Vijay Sankaran, former TD Ameritrade CIO, to lead tech team Just days after Ford CEO Jim Farley promised industry analysts that he planned to beef up technology at the 117-year-old automaker, he has named Vijay Sankaran the new chief software and information officer to help transform the whole company. He'll play ...
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Domino's splits with longtime ad agency as it looks for agility amid tumultuous times Domino's Pizza is breaking up with ad agency CPB after 13 years and some of the best-known ad campaigns in the Ann Arbor-based pizza maker's history. Domino's has hired independent agency WorkInProgress after determining that working with an ...
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Crushed by the virus, 2 mall operators file for bankruptcy NEW YORK — Two mall operators filed for bankruptcy protection Monday, hurt by the coronavirus pandemic that has forced their tenants to permanently close stores or not pay rent. Both companies, CBL and Pennsylvania Real Estate Investment Trust, said ...
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Twilio wraps $3.2B purchase of Segment after warp speed courtship In addition, the fact that Twilio CEO Jeff Lawson and Segment CEO Peter Reinhardt knew one another before coming to terms might have helped accelerate the process. Twilio confirms it is buying Segment ...
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In federal filing, FirstEnergy officials say criminal charges possible from federal House Bill 6 bribery probe COLUMBUS, Ohio -- FirstEnergy officials said Monday they will not comment further on what prompted the company to fire its CEO and two other top executives late last week, other than the decision was set in motion following a Sept. 2 subpoena from the ...
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Iconic Friendly's Chain Being Sold To Connecticut Firm CONNECTICUT — The iconic Friendly's restaurant and ice cream chain is being sold amid a filing for Chapter 11 bankruptcy protection. Friendly's parent, Massachusetts-based FIC Restaurants Inc. announced Monday it has reached an agreement to sell ...
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Burger King wants you to order from McDonald's London (CNN Business) Fast food chain Burger King has taken a rather unusual step: calling on customers to order from archrival McDonald's, as well as a number of other competing restaurants. The company's UK arm tweeted a statement Monday asking ...
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Coupa Software snags Llamasoft for $1.5B to bring together spending and supply chain data Coupa CEO and chairman Rob Bernshteyn says when you combine that supply chain data with Coupa's spending data, it can produce a powerful combination. "Lamasoft's deep supply chain expertise and sophisticated data science and ...
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The Charles and Banditos in Federal Hill closed for coronavirus violations during Halloween weekend The Baltimore City Health Department closed The Charles and Banditos Bar & Kitchen, neighboring Federal Hill bars, over the weekend, citing a lack of social distancing at both establishments. The closures came amid a busy Halloween weekend in the ...
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AMC seeks stock sale to raise $50 million to stave off bankruptcy AMC is looking to sell up to 20 million class A shares to secure nearly $50 million in new capital. The world's largest cinema chain, which has been slammed by the coronavirus pandemic, is set to report quarterly earnings Monday afternoon.. Last month, it ...
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Don't Let These 3 Social Security Surprises Ruin Your Retirement Some surprises are delightful, such as a surprise birthday party, a marriage proposal, or a winning lottery ticket. Others, though, can be troubling or even devastating, personally and/or financially. Take Social Security. If you learn some basic things about the ...
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Camping World Stock Is Soaring. Here's Why. Camping World Holdings stock is surging in Monday trading after the recreational vehicle dealer beat third-quarter earnings and sales estimates, raised its full-year profit guidance, and unveiled a new share buyback program. The Covid-19 pandemic has ...
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Cyber Monday 2020 is coming soon — here's what you need to know This year, Cyber Monday falls on November 30, 2020. Cyber Monday is the Monday after Black Friday (and the first Monday after Thanksgiving), which marks the official start of the holiday shopping season ...
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A holiday wine festival is coming to Six Flags; how to get tickets The monsters and goblins from Six Flags Great Adventure's Hallowfest have hardly had time to wipe their scary makeup off, and the park is already announcing new holiday plans. New Jersey's largest theme park announced Monday that 2020′s Holiday in ...
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CMS clears Georgia bid to nix Healthcare.gov, decentralizing ACA marketplace The Trump administration on Sunday approved a Georgia waiver seeking to dismantle use of the Healthcare.gov federal insurance marketplace, without replacing it with a state-based marketplace, and establish a new reinsurance program. If implemented ...
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Why Tesla Stock Popped 6% Monday Morning Easy go, easy come. On Friday, Tesla (NASDAQ:TSLA) stock closed out the month of October on a low note, falling 5.5% after Consumer Reports rated the company's Autopilot autonomous driving software "a distant second" to the Super Cruise driving tech ...
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Should I Sign Up for Medicare or Keep My Employer's Plan? As such, it pays to compare your premium costs under Medicare with what you pay for your employer plan. The standard Part B premium is $144.60 a month right now, and it tends to rise from year to year. Many companies subsidize health insurance premiums ...
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New Jersey bakery's realistic 'pumpkin' bagels are a hit with customers, owner says A New Jersey bakery is celebrating pumpkin season by selling pumpkin bagels — but not pumpkin-spice-flavored bagels, or anything like that. No, these creations take things to a whole new level. Fox News spoke with Alex Berkowitz, owner and co-creator of ...
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Mountain Dew and Joel Embiid team up for new hot sauce Mountain Dew, known for its neon green soda, is venturing into new territory and it's spicy. The company recently announced it has teamed up with NBA player Joel Embiid and hot sauce shop iBurn to release a new hot sauce. Mountain Dew describes the hot ...
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Rocklin-based cannabis supply company to be acquired by national hydroponics chain The GrowBiz, a Rocklin-based cannabis cultivation supplier, has agreed to be acquired by the nation's largest hydroponics retailer. Denver-based hydroponics and garden center chain GrowGeneration Corp. (Nasdaq: GRWG), announced Monday that it will ...
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Elon Musk Had a Private Meeting With Volkswagen's CEO. It's a Brilliant Lesson in Emotional Intelligence It was a late night in September, 9:44 p.m., to be exact. At a very small airport, in a German city most have never heard of, Volkswagen CEO Herbert Diess patiently waited for the arrival of a special guest: Tesla CEO Elon Musk. Musk had arrived in Germany a ...
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Raleigh company bulks up executive team with eye on global growth As it continues to expand in Raleigh, Bandwidth is shaking up its executive management team, adding five senior veterans – all of whom will report directly to the company's founder and CEO, David Morken. The news comes days after Bandwidth officially ...
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Nielsen Offloads Its Global Connect Business for $2.7B What Happened: Nielsen CEO David Kenny commented that "the sale of this business to Advent will deliver substantial value sooner than was anticipated through the planned spin-off and creates certainty for all stakeholders.".
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Supercuts Parent Regis loss widens, revenue falls Regis Corp., the parent of Supercuts, Cost Cutters and other salons, recorded a wider loss and lower revenue for the September quarter due to Covid-19 store closures and lower traffic. The Minneapolis company on Monday posted net loss of $35.3 million for ...
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Alibaba's Singles Day shopping event kicks off early Chinese biggest shopping holiday of the year kicked off early in an effort to boost retail sales during the pandemic. Continue Reading Below. Singles Day, the unofficial Chinese holiday celebrated annually on Nov. 11 and one of the country's biggest online ...
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Covid survivor: Construction spending up from a year ago Construction spending this year is up 4.1 percent from last year, according to new data for September. During the first nine months of the year, some $1.058 trillion has been put toward public and private construction, compared with $1.016 trillion for the same ...
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Industry Moves: Genesco CFO Resigns, VF Appoints VP of Diversity and Inclusion + More Who's in, who's out, who's been promoted and hired — FN covers all the industry changes in one place. Know of an executive on the move? Tell us web@footwearnews.com. Nov. 2, 2020: Genesco Inc. SVP and CFO Melvin Tucker has resigned, effective Nov ...
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Distribution center opening in Clarksville will create over 60 jobs, $33 million investment Gov. Bill Lee and the Department of Economic and Community Development Commissioner Bob Rolfe on Monday announced FNS Group has chosen Clarksville to build a new distribution center to expand its operations, creating 62 jobs in Montgomery ...
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3 Big Things Today, November 2, 2020 Soybeans and grains dropped in overnight trading on improving global weather and continued harvest pressure. Drier, warmer weather is expected in much of the U.S. Midwest this week, according to analysis of weather maps, which likely will help growers ...
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Loews profit rises amid strong insurance business Loews Corp. Monday logged a larger third-quarter profit compared with the same period a year earlier as a stronger result for its insurance business helped offset a loss for Loews's hotel operations as the coronavirus pandemic continues. The New York ...
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Gas prices fall ahead of election Average gasoline prices dropped last week in New York, the nation and most of the region ahead of the election, according to GasBuddy.com. Local average late morning on Monday, according to GasBuddy, were $2.12 in Ulster, down 0.7 cents from a week ...
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Cafe Osage in Central West End calls it quits after 12 years Cafe Osage, located inside the Bowood Farms home and garden shop in the Central West End, closed for good following Sunday's brunch service. "We are sad to share that this weekend will be the last weekend of service at Cafe Osage," officials wrote ...
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More details, site plan released for Cooper/Central mixed-use development Clayton Kemker's vision for an immense Midtown development is now more apparent. The project is designed to include at least 350 apartments, almost 60,000 square feet of commercial space, and at least 100 more parking spaces than needed for its ...
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A 3-tier cooling rack is an essential for Thanksgiving bakers Holidays might be a little smaller this year, but that doesn't mean your dessert selection needs to be. For Thanksgiving bakers who love going all out with pumpkin, sweet potato, and apple pies, this 3-tier cooling rack is a kitchen essential.
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New York State hemp regulations revealed BINGHAMTON, NY – The regulations on the hemp and CBD industry in New York State has finally been released, almost a year after the Hemp Extract Law was signed by Governor Cuomo. Some of the regulations are good for the market, according to the ...
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Lowe's to hire 20000 associates for busy holiday season DENVER — Lowe's has announced it will hire 20,000 associates across its U.S. stores and regional distribution centers to support customer demand this holiday season. Lowe's also announced another $100 million in bonuses for front-line hourly associates ...
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Can debt collectors contact you by text, email or on social media? In 1977, bell-bottoms were popular, Jimmy Carter was president and Elvis died. That also was the year the Fair Debt Collections Practices Act passed — and it didn't say if debt collectors could contact debtors via email, text or social media, all forms of ...
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Russia raises delaying OPEC+ production increases into 2021 (Bloomberg) --Russian oil companies are meeting with Energy Minister Alexander Novak on Monday to discuss the possibility of delaying the easing of OPEC+ output cuts by three months, said people familiar with the matter. There were also talks about ...
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The AI Advantage: Is your business ready for artificial intelligence? This article is part of our series that explore the business of artificial intelligence. The news about artificial intelligence is mostly dominated by sensational stories such as the ominous threat of deepfakes, deep learning algorithms that create fake blogs, AI bots ...
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Ant Group trades at 50% premium in Hong Kong gray market Institutional investors are buying Ant Group Co.'s shares at a 50% premium, signaling the Chinese fintech giant is poised to soar in its debut this week following the world's largest initial public offering. Some trades were executed at HK$120 ($15.50) apiece in ...
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Eagle Pharmaceuticals: 3Q Earnings Snapshot WOODCLIFF LAKE, N.J. (AP) _ Eagle Pharmaceuticals Inc. (EGRX) on Monday reported third-quarter net income of $7.1 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Woodcliff Lake, New Jersey-based company ...
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Serco shares crash as outsourcer loses role on nuclear weapons consortium Shares in Serco plummeted this morning after the outsourcing giant confirmed that the government had taken back management of its atomic weapons development facility. Shares dropped nearly 12 per cent as markets opened as traders digested the news.
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Hologic wins $119M from HHS, DOD to help double COVID-19 test production Hologic has received a $119 million U.S. government contract to help it scale up its COVID-19 test manufacturing capacity. HHS and the Department of Defense in a statement Friday said the money will equip Hologic to make 13 million COVID-19 tests a ...
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Record-breaking top speed attempt to be rerun following online controversy Shelby Supercars North America will make a second attempt to claim the title of fastest production car after discrepancies appeared between video footage and GPS data. The company had claimed a GPS-verified 316.11mph, but social media users quickly ...
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Fewer food drives resulting in empty shelves: Guelph Food Bank The stock of food items at the Guelph Food Bank is about one-third what it should be this time of year. about 13 hours ago By: Kenneth Armstrong · Share on Facebook · Share on Twitter · Share on LinkedIn · Forward by Email. Print. Share via Text Message.
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