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India's current account surplus shrinks in latest quarter MUMBAI (Reuters) - India's current account surplus shrank to $15.5 billion in the July-September quarter from a record $19.2 billion in April-June as its merchandise trade deficit grew, the Reserve Bank of India said on Wednesday. FILE PHOTO: A man counts ...
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CD rate forecast for 2021: Rates will probably stay low, but they might increase later in the year Certificate of deposit interest rates plummeted in 2020 when the Fed lowered the federal funds rate in response to the coronavirus. CD rates should stay low in 2021, but they probably won't drop as drastically as they did in 2020. Rates could go up if the US ...
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Apple Car speculation is back. Here's what we know so far New York (CNN Business) Longstanding speculation that Apple will release its own electric, self-driving car was reignited last week when Reuters, citing unnamed sources, reported that Apple plans to produce a passenger vehicle by 2024. Talk of the iPhone ...
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US STOCKS-Wall Street rises on hopes of vaccine-fueled recovery (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Oil, material and bank stocks rise. * Mastercard jumps on Stephens PT raise. * Wall Street indexes trading below all-time highs. * Indexes up: Dow ...
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Kushner Cos. Plans to Tap Israeli Debt Market With Bond Sale Jared Kushner's family real estate company plans to borrow at least $100 million through Israel's debt market, joining a list of prominent New York-area developers that have raised funds there to fuel growth in the U.S.. Kushner Cos., the firm President Donald ...
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Amazon to buy podcast maker Wondery Amazon is buying podcasting start-up Wondery, the company announced Wednesday. The acquisition will give Amazon a stronger foothold to compete against the likes of Apple and Spotify, which have doubled down on their investments in podcasting.
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AMC hopes to raise $125 million in fresh funding round as it fights bankruptcy AMC is offering 50 million new shares for sale in a fresh funding round to stave off bankruptcy. The largest cinema chain in the world raised $104 million earlier this month after selling roughly 38 million of 200 million in available shares. Shares of the company ...
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NY Jewelry Wholesaler Guilty in $200 Million Ponzi Scam A New York jewelry wholesaler admitted he ran a $200 million Ponzi scheme, falsely telling investors he was using their money to buy jewelry at "closeout" prices and reselling it at markups of 30% to 70%. Instead, prosecutors said, Gregory Altieri admitted on ...
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Penn Station's New Train Hall Is Only a Start. But at Least We're Starting. Moynihan Train Hall is real, all right, though it's not actually a station — more of a grand waiting room for Amtrak and the Long Island Railroad dropped into the center of the doughnutlike Farley Post Office Building.
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McCormick Closes 2020 With One More Acquisition Fresh off the recent purchase of the Cholula hot sauce brand last month, McCormick (NYSE: MKC) is at it again. The spice and flavorings giant on Wednesday announced that it struck a deal to acquire FONA International for just over $700 million.
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Covid impact: These are the Cincinnati restaurants that closed in 2020 This year has been tough as the coronavirus pandemic ravaged much of the world economy, but it's been especially hard for the restaurant industry, which continues to face the brunt of economic restrictions put in place to slow the virus' spread. Cincinnati ...
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Why Caterpillar Stock Can Outperform in 2021 When Shakespeare wrote that "what's past is prologue," he wasn't referring to Caterpillar stock—but the thinking behind the phrase is one bullish argument for the industrial giant, according to Baird. Analyst Mircea (Mig) Dobre reiterated an Outperform rating ...
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UK authorizes AstraZeneca, Oxford coronavirus vaccine, but questions linger The U.K.'s drug regulator has authorized a coronavirus vaccine from AstraZeneca and the University of Oxford, the first clearance for a shot viewed as critical to global immunization efforts but whose exact effectiveness is uncertain. The Medicines and ...
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Cleveland City Council President Kevin Kelley blasts DoorDash for charging customers 'Cleveland fee' CLEVELAND, Ohio – Cleveland City Council President Kevin Kelley is publicly criticizing DoorDash, a food-delivery service, for imposing a new $1 "Cleveland fee" on customers for meals delivered from restaurants in the city. Kelley accuses the company of ...
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Acadia to Sell Priory Mental Hospitals for $1.5 Billion Acadia Healthcare Co. agreed to sell Priory Group, a chain of U.K. mental-health facilities known for treating celebrities for drug and alcohol addiction, to Waterland Private Equity for 1.1 billion pounds ($1.5 billion). Priory operates about 450 sites across the ...
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Hyundai Kona N officially teased on Instagram Never mind the dumb antlers; that's the Kona N we see. Hyundai via Instagram. Hyundai's N performance division posted a trio of teasers on its Instagram account last week, all of which confirm some good news: The Kona N is coming. This isn't exactly a ...
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New Orleans bars face stricter COVID rules due to rising test positivity NEW ORLEANS — Bars in New Orleans are facing stricter coronavirus restrictions as the percentage of tests returning COVID-19 in Orleans Parish has stayed above five percent for two weeks. According to statewide COVID-19 restrictions enacted by Gov.
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Popular Meyerland Bagel Shop Expands Into Bellaire 179 likes · nydelihtx "What Ed and Jay and family built 45 years ago is really the heart and soul that is allowing us to move forward with another location. We are very thankful for the opportunity to take those traditions and take those recipes and classics to ...
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Transportation Dept. Announces Railroads, Transit Systems Meet Key Safety Deadline WASHINGTON — The U.S. Transportation Department announced Tuesday that anti-derailment technology positive train control, or PTC, is in operation on all required railroad route miles ahead of a Dec. 31 deadline set by Congress. The Federal Railroad ...
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Jeff Bezos dedicates Blue Origin landing ship to mom Amazon founder and CEO Jeff Bezos on Tuesday dedicated his aerospace company Blue Origin's landing platform ship to his mother, Jacklyn Bezos. Continue Reading Below. Ticker, Security, Last, Change, Change %. AMZN, AMAZON.COM INC. 3,304.22, - ...
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MBTA partners with Patriots, Revoultion and Patriot Place to distribute masks and sanitizer BOSTON (WHDH) - The New England Patriots, New England Revolution, and Patriot Place recently donated 2,500 face masks and 5,000 bottles of hand sanitizer to distribute to MBTA riders in support of the T's Ride Safer campaign, the agency announced ...
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China, HK stocks join Asian markets rally on economic recovery hopes SHANGHAI, Dec 30 (Reuters) - China and Hong Kong shares posted robust gains on Wednesday, with the blue-chip CSI300 index rising to its highest in more than five years, as Asian stocks hit a record high on hopes of a strong economic recovery next year.
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Perella Weinberg to go public via $975-million deal with Betsy Cohen's SPAC (Reuters) - Boutique investment bank Perella Weinberg Partners on Wednesday agreed to go public through a merger with a blank-check firm, or a special purpose acquisition company (SPAC), backed by banking entrepreneur Betsy Cohen in a deal valued ...
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Tickets on sale for drive-thru St. Paul Winter Carnival experience Tickets are now on sale for a new event at the 135th annual Winter Carnival in St. Paul. We are less than a month away from what organizers call the "coolest celebration on earth." Like many events, there are changes this year. There is no parade through ...
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Oil prices flat; US crude stock draw supports but demand hopes dim LONDON (Reuters) - Oil prices traded flat on Wednesday, supported by a draw in U.S. crude inventories and Britain's approval of a second coronavirus vaccine but pressured by swelling year-over-year supply and the view that a federal aid package would be ...
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CDSCO to consider emergency use authorisation request of Pfizer, Serum, Bharat Biotech on Jan 1 The Subject Expert Committee (SEC) of the Central Drugs Standard Control Organisation (CDSCO) met on Wednesday to deliberate upon the emergency use authorisations of the Oxford-Astrazeneca vaccine, as applied by the Serum Institute of India (SII).
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10 of the Best Beers for Your New Year's Eve Celebration New Year's Eve looks different for everyone, every year. This year especially will be a bit of a crapshoot. Bars and restaurants are closed across the country, parties are illegal, family gatherings are dangerous, and friends are helping friends by agreeing to ...
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Bitcoin hits record $28600 as 2020 rally powers on By Tom Wilson. LONDON (Reuters) - Bitcoin on Wednesday hit a record $28,599.99, taking gains this year past 295% amid heightened interest from bigger investors. The world's most popular cryptocurrency was last up 3.7% at $28,375. Since breaking ...
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Bitcoin surges to record $28500, quadrupling in value this year Bitcoin has continued its end-of-year Santa Claus rally, surging to a new high of more than $28,500. The cryptocurrency gained more than 5% to hit $28,572 on Wednesday. It is up ...
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You got an Amazon Echo for the holidays — here are the first things you should do You may have received an Amazon Echo over the holidays. It can do more than just tell you the weather or sports scores. Here's how to use it to control your smart home, get a daily briefing, change the default music service and more. David Limp, senior vice ...
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