Wednesday, December 30, 2020

Google Alert - finance

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finance
As-it-happens update December 30, 2020
NEWS
Reuters
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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Business Insider
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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CNN
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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The Wall Street Journal
(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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Bloomberg
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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CNBC
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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CNBC
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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Bloomberg
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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Curbed
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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Food Business News
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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Cincinnati Business Courier
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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Barron's
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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BBC News
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.com
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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Business Wire
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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CNET
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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WWLTV.com
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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Houstonia Magazine
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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Claims Journal
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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Fox Business
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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Boston News, Weather, Sports | WHDH 7News
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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The Straits Times
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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New York Post
(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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KSTP
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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Reuters India
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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Business Today
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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VinePair
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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KFGO News
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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The Guardian
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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CNBC
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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