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Dow climbs more than 800 points as vaccine news, Biden victory rev up markets Global markets roared Monday, with the Dow Jones industrial average soaring to intraday highs not seen since February as investors welcomed Joe Biden's White House victory and promising vaccine news. The Dow spiked more than 1,600 points before ...
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Energy leaders leave door open to more cuts as virus spikes DUBAI, United Arab Emirates — Saudi Arabia's energy minister said Monday that global energy producers have the ability to tweak an agreement on production cuts that could be extended through the end of 2022, signaling the anticipation of continued ...
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Glatfelter (GLT) Q3 2020 Earnings Call Transcript Glatfelter (NYSE:GLT) Q3 2020 Earnings Call Nov 9, 2020, 11:00 a.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants. Prepared Remarks: Operator. Ladies and gentlemen, thank you for standing by and welcome to the Glatfelter's ...
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Carnival, Royal Caribbean shares skyrocket as potential for COVID-19 vaccine spark record rallies Shares of Carnival Corp. and Royal Caribbean Group powered up toward record rallies Monday on heavy volume, on hopes of a quick recovery in the cruise industry following positive news on a potential COVID-19 vaccine. Carnival's stock CCL, +35.85% ...
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Biden Transition Team Promises Diversity and Expertise in Federal Leadership President-elect Biden and his transition team unveiled shortly after being declared victors key priorities for the incoming administration, including COVID-19 response, a dependence on federal experts and the need for a diverse civil service. As he did during ...
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VF is buying streetwear brand Supreme for $2.1 billion VF Corp., owner of the North Face and Vans, agreed to buy streetwear fashion label Supreme for $2.1 billion to bolster its portfolio of apparel and footwear brands. The cash transaction, expected to be completed by year's end, marks VF's largest acquisition ...
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Illinois crosses $100 million threshold in weed sales as election victories pave way for more growth There was no blue wave or red wave during Election Day, but the green wave rolled on as voters expanded recreational marijuana use to more locations just days after the industry's most lucrative month yet in Illinois. Recreational marijuana sales generated ...
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Data-Driven Growth Powers Brookfield Infrastructure's Results in Q3 Brookfield Infrastructure (NYSE:BIP)(NYSE:BIPC) demonstrated its business model's durability once again during the third quarter as it delivered solid results despite the economic disruption caused by the COVID-19 outbreak. While most of its business units ...
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Ant Group's IPO Woes Could Slash Valuation In Half To $140B Ant Group's stalled initial public offering (IPO) could cut the company's valuation in half, with one report putting the firm's value at just $140 billion. That's a 50 percent drop from its pre-IPO value of $280 billion, and less than its value when Ant Group raised ...
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Prolific SF restaurateur Sam DuVall, who opened Izzy's and dozens more, dies at 80 One of modern San Francisco dining history's most prolific restaurateurs — known for opening some 30 businesses over 50 years, including legacy steakhouse Izzy's and likely the city's first New Orlean-style spot — has died. Robert Samuel "Sam" DuVall was ...
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SoftBank Discloses $20 Billion Tech-Stock Bet, Big Gains for Vision Fund In reporting strong September quarter financial results, SoftBank Group disclosed Monday that it has invested more than $20 billion in technology stocks and related options positions. The disclosure confirms recent speculation about the company's extensive ...
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Want to travel at 600 mph in a tube? It could happen now that Virgin Hyperloop has tested humans in hyperloop system Sick of flying or driving to your destination? In the coming years, you may be able to reach your destination by taking an ultra-high-speed pod that zips through a vacuum in a metal tube. Virgin Hyperloop took a step closer to making its high-speed transit ...
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T&A recalls whole heads of romaine lettuce for E. coli contamination A public notice sent out today by the FDA announces a romaine lettuce recall three days after Tanimura & Antle initiated the action because of tests in Michigan that showed E. coli O157:H7 contamination. The notice from the Food and Drug Administration, ...
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TSA offers holiday travelers tips WASHINGTON, D.C. – Are you planning to travel during the holiday season? To make it less hectic, the Transportation Security Administration (TSA) has some tips to consider before you travel. Tip 1: Know what to expect when traveling during a global ...
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Genesis Healthcare warns bankruptcy is a possibility as Covid-19 woes continue Genesis Healthcare officials said Monday the Chester County-based nursing home operator is continuing to struggle financially with the impact of Covid-19 on its operations, and the company may need to consider a bankruptcy filing in the future. "The virus ...
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The Restaurant Strong Winterization Grant aims to help restaurants outfit their spaces for the winter Igloos, greenhouses, hard-to-find heaters: As winter approaches, some restaurants are spending thousands of dollars to outfit their outdoor dining spaces. A new grant program with local roots is hoping to help soften the financial blow. Woburn-based The ...
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Blue Cross and Blue Shield of Texas Offering More Affordable Plans During Open Enrollment RICHARDSON, Texas, Nov. 9, 2020 /PRNewswire/ -- Eligible Texans may qualify for a $0 monthly payment on some of our health plans from Blue Cross and Blue Shield of Texas (BCBSTX) during the current open enrollment period that began November 1 ...
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Initial unemployment benefit claims reach pandemic daily low over weekend The number of initial and re-filed state and federal unemployment claims reached another daily pandemic low over the weekend, the N.C. Division of Employment Security reported Monday. There were 2,025 claims filed Saturday. The previous low was 2,033 ...
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Buy Fisker Stock Because the Price Could Double, Analyst Says Fisker (ticker: FSR) has about 9,000 paid deposits and Osborne expects that to rise in 2021. "Fisker is building an experience center in L.A. in May, as well as adding influencers and celebrities to help build the brand," Osborne wrote in his Monday report.
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OSHA issued $2.5 mln in fines through first eight months of COVID-19 pandemic The Occupational Safety and Health Administration has issued about $2.5 million in fines for workplace safety violations stemming from the COVID-19 pandemic, the vast majority of which went to nursing homes, hospitals and other healthcare facilities.
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Party City beats expectations in a disrupted Halloween season Party City nearly closed the gap with 2019 sales for the third quarter, with total revenue down just 1.2% to $533.8 million. Brand comparable sales were up 8.3% in Q3, driven by the balloon, birthday and entertaining categories. The retailer said sales of ...
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Tesla made $250 tequila -- it's sold out If you're hoping to add Elon Musk's prized tequila to your collection, you might have to wait. Tesla's new line of "Tesla Tequila" was launched on Thursday, a promise fulfilled by the CEO to start selling their own brand of liquor, CNN reported. Lightning-shaped ...
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Prejean's, the iconic Cajun restaurant, to be sold to Dean-O's Pizza owner Dean-O's Pizza owner Tim Metcalf announced Monday he has entered into negotiations to purchase Prejean's Restaurant. Speaking on the Moon Griffon Show on KPEL 96.5, Metcalf said his family is "in the process of closing in" on a deal to purchase the ...
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Local Salvation Army receives silver bar from anonymous donor ROCKFORD, Ill. (WIFR) - "May this help you feed the hungry." That was the message from an anonymous donor, who dropped off a 10-ounce silver bar at The Salvation Army Winnebago County Temple Corps. The donor's wish was written on a piece of paper ...
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Hal English selected to lead Princeton Mercer Regional Chamber of Commerce The board of directors for the Princeton Mercer Regional Chamber of Commerce has named Hal English to serve as the next president and CEO of the organization, succeeding Peter Crowley, who led the chamber for a dozen years and will retire Dec. 31.
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Centene acquires analytics firm Apixio for undisclosed sum Centene has signed a definitive agreement to acquire health analytics company Apixio for an undisclosed sum, the payer announced Monday. Apixio mines and analyzes patient data using artificial intelligence from sources like physician notes and medical ...
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GM recalls 217K vehicles to fix leak causing cars to stop moving, possibly catch fire General Motors is recalling more than 217,000 cars and SUVs in the U.S. and Canada because transmission oil can leak, causing them to stop moving or possibly catch fire. The recall covers certain versions of the 2018 through 2020 Chevrolet Equinox and ...
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Napa Valley Welcome Center Opens in New Downtown Napa Location The Welcome Center will assist visitors and residents with planning activities to enhance their Napa Valley experience. Napa, CA – Visit Napa Valley announces the re-opening of the Napa Valley Welcome Center on Thursday, November 12, in a brand-new ...
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Louisville Pizza Week returns this month 16-22, local pizza lovers will once again have the opportunity to visit participating Louisville Pizza Week locations to enjoy $9 specialty 10-inch pizzas. There also will be beer specials from Great Lakes Brewing out of Cleveland. Official Louisville Pizza Week ...
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Maryland's Novavax gets fast-track tag from FDA for COVID-19 vaccine (Bloomberg) -- Novavax Inc. said Monday it expects to launch a large, late-stage study in the US before the end of the month. Its experimental COVID-19 vaccine also received a fast-track designation from regulators Monday, which could help shuttle the ...
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Howmet: 3Q Earnings Snapshot PITTSBURGH (AP) _ Howmet Aerospace Inc. (HWM) on Monday reported third-quarter earnings of $36 million. On a per-share basis, the Pittsburgh-based company said it had profit of 8 cents. Earnings, adjusted for one-time gains and costs, came to 3 cents ...
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Contura Energy: 3Q Earnings Snapshot BRISTOL, Tenn. (AP) — Contura Energy, Inc. (CTRA) on Monday reported a loss of $68.6 million in its third quarter. On a per-share basis, the Bristol, Tennessee-based company said it had a loss of $3.75. The company posted revenue of $400.7 million in the ...
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Micron steals a march on rivals with 176L 3D NAND shipments Micron today revealed it has begun volume shipments of 176-layer 3D NAND, to set a new layer count benchmark. The 176L tech means Micron has advanced over the competition and, all other things being equal, should be able to manufacture NAND at a ...
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Gogo sees strong BizAv driving recovery The business aviation segment shows strong signs of recovery, leading inflight connectivity provider Gogo to a certain amount of optimism as it reports Q3 earnings. The company still lost money in the quarter, but with the private jet market rebounding and ...
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WR Grace Gets $4 Billion Offer From Top Shareholder 40 North (Bloomberg) -- W.R. Grace & Co., a supplier of catalysts to refineries, has received a $4 billion takeover offer from top shareholder 40 North after its shares slumped this year. 40 North, the multibillion-dollar investment firm linked to Standard Industries Inc., ...
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UK's Sunak to set out stall for City of London after Brexit LONDON (Reuters) - The City of London will remain a competitive global financial centre after Britain's full exit from the European Union because of the country's commitment to open markets and robust rules, finance minister Rishi Sunak will say on Monday.
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With Access To Testing, Women Can Take Charge Of Their Own Health And Deliver Testing getty. The Covid-19 pandemic has shown the whole world the critical importance of access to diagnostic testing. Typically, vaccines and medicines get a lot of attention in global health, but tests are largely neglected by global health agencies and ...
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Covered California Ads Directed by Errol Morris Cut Right to the Chase About Health Insurance "This Way to Health Insurance" is centered on TV ads supported by digital and targeted OOH. Covered California/Duncan Channon/Errol Morris. Headshot of Erik Oster. By Erik Oster. 60 mins ago. Covered California, the state's health insurance marketplace, ...
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Cities pass all-renewable plans: A grid threat? Ballot initiatives that empower cities to seek all-renewable electricity were approved by voters in Ohio and New Jersey last week, marking the spread of a popular idea that has also raised concerns about the impact on the grid. The approved measures will ...
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Metra tests out new car for bike commuters The commute for bike riders across the city and suburbs might get a little easier following Metra's introduction of its first bike car this past weekend. The car carries 16 bicycles instead of the five typically allowed on Metra cars. By the end of the year, a second ...
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Marines to hold second in-person Toys for Tots registration event on Nov. 14th NORTH CHARLESTON, S.C. (WCBD) – After a successful in-person registration event in North Charleston over the weekend, the U.S. Marines announced plans to host another opportunity on November 14th. The U.S. Marines have shifted to online ...
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90 new COVID-19 cases reported SIDNEY — Another updwing of COVID-19 cases were reported in Shelby County, The Sidney-Shelby County Health Department shared the county has 90 new cases since its last report Thursday morning. The county's total is 1,222 cases. The new Shelby ...
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Stratus Properties: 3Q Earnings Snapshot AUSTIN, Texas (AP) _ Stratus Properties Inc. (STRS) on Monday reported a loss of $15.3 million in its third quarter. The Austin, Texas-based company said it had a loss of $1.84 per share. Losses, adjusted for pretax expenses, came to 67 cents per share.
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Univision And Robert Rodriguez's Cable Net El Rey Part Ways As Spanish-Language Media Company Reports Q3 ... Univision Communications, Inc. is cutting El Rey Network loose. The Spanish-language media company has exited its minority position English-language entertainment cable network and production studio founded by filmmaker Robert Rodriguez and ...
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