 | |||||||
| finance | |||||||
| NEWS | |||||||
4 Things to Know About the GameStop Insanity The internet and stock market are aflame over GameStop, the video game retailer whose stock is suddenly the darling of day traders who are putting the squeeze on Wall Street's big players. The stakes are enormous: The surge in trading has driven ...
| |||||||
2020 was the worst year for economic growth since the Second World War The U.S. economy shrank by 3.5 percent last year as the novel coronavirus upended American business and households, making 2020 the worst year for U.S. economic growth since 1946. Economic growth slowed in the fourth quarter, rising just 1 percent ...
| |||||||
Pay taxes now or later: How to choose the best retirement savings option for you Here are your options, and factors to consider when deciding the best course for your situation. Employer-sponsored plans. Contributions to a traditional retirement plan sponsored by your employer, typically a ...
| |||||||
Here's what behavioral finance has to say about Wall Street's short squeeze To get a better appreciation for the impact on investor psychology, CNBC spoke with Dan Egan, managing director of behavioral finance and investing at Betterment. This interview has been edited for brevity. I ...
| |||||||
European Regulator Worries Banks Are Ignoring Borrower Troubles ECB says loan-loss provisions for eurozone lenders are lower than models suggest they need to be. Andrea Enria said eurozone banks are setting aside less money to cover for loan losses than peers in other countries. Photo: Alex Kraus/Bloomberg News. By.
| |||||||
GameStop Is Creating Problems in Sleepy World of Index Following In the starkest example, GameStop ended Wednesday as almost 20% of the SPDR S&P Retail ETF (ticker XRT). That fund follows an equal-weighted index with 95 names -- the video game retailer's weighting should be more like 1%.
| |||||||
Southwest Airlines reports first loss in 48 years New York (CNN Business) The last time Southwest Airlines posted an annual loss was 1972, when it was a small upstart airline flying a handful of planes on Texas-only routes. Since then, it has grown to become the nation's fourth largest airline, reporting 47 ...
| |||||||
Merck bags solid tumor CAR-NKs from Artiva to push into cell therapy Merck has secured global licenses to two CAR-NK programs from Artiva Biotherapeutics. The deal gives Merck control of two off-the-shelf solid tumor cell therapies in return for $30 million upfront and potentially many times that in milestones.
| |||||||
Movie lovers miss theaters, but most are watching from home Movie theaters are all about the shared experience for Bruce E.G. Smith. The 72-year-old Sewickley resident frequented his local multiplex, the Tull Family Theater, at least twice a month before COVID-19 upended the world and made enclosed spaces like ...
| |||||||
Oil edges lower on vaccine rollout worries, China travel curbs Oil futures were slightly lower Thursday, under pressure as traders monitored slowing travel activity in China amid new COVID-19 infections and unease over the pace of vaccine rollouts in Europe which are weighing on energy demand. West Texas ...
| |||||||
Novartis in Talks to Join Pharma Industry's Covid Vaccine Push The company is "in conversations with a range of different players," Chief Executive Officer Vas Narasimhan said on Bloomberg TV, with an agreement possible in the coming days or weeks. "We have production capacity ...
| |||||||
Mastercard Sees Online Spending Countering Overseas Travel Slump Company's fourth-quarter revenue beats analysts' estimates · CEO says he's encouraged by vaccines becoming more available ...
| |||||||
Another 847000 Americans filed for unemployment benefits in Joe Biden's first week as president Together, first-time claims stood at 1.3 million without seasonal adjustments. Continued jobless claims, which count workers who have applied for benefits ...
| |||||||
UPDATE 1-Mondelez in EU antitrust crosshairs over cross-border trade practices (Adds details). BRUSSELS, Jan 28 (Reuters) - U.S. company Mondelez International is being investigated by EU antitrust authorities over concerns it may have blocked cross-border sales of its products in the European Union in breach of competition rules.
| |||||||
EV Maker Faraday Agrees to Property Solutions SPAC Merger The deal values the combined company at around $3.4 billion and is expected to generate gross proceeds of more than $1 billion, according to a statement Thursday confirming an earlier Bloomberg News report. The transaction is scheduled to ...
| |||||||
UK court says Abraaj founder can be extradited to US LONDON (Reuters) - A London court ruled on Thursday the founder of collapsed Dubai-based private equity company Abraaj Group could be extradited to the United States, where he is wanted on fraud charges, but said the government should make the final ...
| |||||||
UPDATE 2-Never mind the losses, focus on the big picture, says Lidl GB ... * Reports loss of 13.6 mln stg for 2019-20. * Investing 2.7 bln stg in UK over four years. * Targeting 1,000 stores by end-2023. * No plans for online groceries (Recasts, adds detail, CEO comments). LONDON, Jan 28 (Reuters) - The British arm of German ...
| |||||||
Comcast beats on earnings, says buybacks could resume later this year Comcast Corp. shares gained 3% in premarket trading Thursday after the company easily topped expectations with its fourth-quarter results and predicted that it could begin share buybacks again toward the end of the year. The company reported net income ...
| |||||||
How to score 40 free wings from Applebee's on Super Bowl Sunday CLEVELAND, Ohio -- Sure, you could make your famous seven-layer dip again or prepare that fancy charcuterie board you saw on Pinterest for Super Bowl Sunday. Or you could just say "forget that" and order in. If you choose the latter, Applebee's has a deal ...
| |||||||
Are elite credit cards worth it? Elite credit cards tend to have a "fancy" look and feel, but they also come with more than their share of benefits. In fact, the most exclusive credit cards often come with perks like airport lounge access, annual travel credits and elite status with rental car and ...
| |||||||
McDonald's Quarterly Results Show Uneven Recovery From Pandemic U.S. sales beat expectations, though weakness persists abroad · Fast-food chain says restrictions continue in many countries ...
| |||||||
Strong US Sales Give McDonald's a Boost in 4Q McDonald's ended 2020 on a strong note, recovering nearly all of the global sales lost in the pandemic despite a resurgent virus. U.S. sales were a big contributor, pumped up by new menu items like spicy Chicken McNuggets and celebrity collaborations.
| |||||||
Sheraton Hotels & Resorts Inspires Future Journeys As The Iconic Brand's New Vision Debuts Around The World Following Marriott International's announcement in 2018 of its plans to refresh the iconic brand for today's travelers, the completion of the renovations at these hotels is an important milestone in the brand's reinvention journey. There is now momentum ...
| |||||||
Chipotle is testing curbside pickup New York (CNN Business) Chipotle is testing curbside pickup at 29 locations in California to give customers a way to get their tacos and burritos without having to go inside restaurants. Here's how it works: Customers who order from participating restaurants ...
| |||||||
UK regulator launches probe into Facebook's purchase of Giphy The Competition and Markets Authority said that it plans to launch the first phase of its probe on Friday. The CMA will issue a decision on whether it plans to take it to a second phase on March 25. Alex Chung, Founder, GIPHY, on ContentMakers stage during ...
| |||||||
Microsoft cut carbon emissions 6% last year, predicts climate investments will pay off in long run It also paid for the removal of an additional 1.3 million metric tons of carbon from the atmosphere. If the Redmond, Wash-based company maintains and possibly improves on the progress made in these first 12 ...
| |||||||
Sensex Down 380 Points In Early Trade; Nifty Dips Below 13900 (RTTNews) - Indian shares opened notably lower on Thursday, tracking weak global markets as investors fretted over climbing coronavirus cases and stretched valuations. The benchmark S&P BSE Sensex dropped 380 points, or 0.8 percent, to 47,029 in ...
| |||||||
The smartphone market is growing again Apple took pole position with 90.1 million smartphone shipments throughout the quarter. That figure is "the highest shipment volume from a vendor in a single quarter," according to the IDC, and lines up with the earnings report that Apple published yesterday.
| |||||||
Walmart revamps its advertising business, including a new name Walmart is now offering new ways for advertisers to leverage the company's digital platforms, a business that nearly doubled in revenue and advertisers last year. And Walmart has partnered with The Trade Desk, an advertising technology company, for a new ...
| |||||||
Virgin Hyperloop Concept Video Highlights 'Greener, Smoother, Safer' Mass Transit Based on the video (below), Virgin's bright, sterile stations function much like modern terminals, where folks buy tickets, wait for their gate assignment, and board individual vehicles—each carrying up to 28 passengers.
| |||||||
German draft doesn't recommend AstraZeneca jab for over-65s BERLIN (AP) — A draft recommendation from Germany's vaccination advisory committee calls for offering the AstraZeneca vaccine only to people aged 18-64 for now, citing what it says is insufficient data to judge its effectiveness for older people.
| |||||||
Robinhood sends market volatility warning to brokerage app users A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 28, 2021. Asian shares skidded on Thursday as a reality check ...
| |||||||
A deer friend: 4-year-old boy brings home an unlikely companion MASSANUTTEN, Va (WRIC) — A photo of a 4-year-old Virginia boy smiling next to a baby deer is nothing short of adorable. The boy's mother, Stephanie Brown, says she was stunned on the front porch Tuesday morning to see her son with his new, furry ...
| |||||||
Stanley Black & Decker: 4Q Earnings Snapshot On a per-share basis, the New Britain, Connecticut-based company said it had net income of $2.88. Earnings, adjusted for costs related to mergers and acquisitions, were $3.29 per share.
| |||||||
MarineMax Boosts FY21 Outlook - Quick Facts (RTTNews) - While reporting financial results for the first quarter on Thursday, recreational boat and yacht retailer MarineMax Inc. (HZO) raised its earnings guidance for the full-year 2021, based on current business conditions, retail trends and other factors.
| |||||||
BaFin employee suspended over Wirecard insider dealing allegations "The employee bought structured financial products linked to Wirecard on June 17 2020," BaFin said, adding that Wirecard on the subsequent day disclosed that auditor EY could not verify €1.9bn in corporate cash. Shares in Wirecard lost ...
| |||||||
MassMutual buys Ohio-based insurer for $3.5B Springfield-based MassMutual upped its stake in annuities this week with a deal to buy Great American Life Insurance Co. from its parent company, American Financial Group. In a statement released Wednesday, MassMutual said it agreed to pay $3.5 billion ...
| |||||||
Carpenter: Fiscal 2Q Earnings Snapshot PHILADELPHIA (AP) _ Carpenter Technology Corp. (CRS) on Thursday reported a fiscal second-quarter loss of $84.9 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Philadelphia-based company said it had a loss of ...
| |||||||
County's unemployment rate is very low, now below 2 percent "Nebraska unemployment has recovered significantly since April, which was the peak for employment losses due to the pandemic," said Commissioner of Labor John Albin in his monthly report. "Nonfarm jobs have increased over 71,000 since April to 1,015,898 ...
| |||||||
Kraft giving away limited-edition mac & cheese for Valentine's Day CINCINNATI (FOX19) - There is no better way to show your love this Valentine's Day than saying "you're the mac to my cheese" with candy-flavored pink Kraft Mac & Cheese. According to a press release, the Candy Kraft Macaroni & Cheese is made with the ...
| |||||||
European shares hit near 1-month low after Wall Street sell-off The pan-European STOXX 600 fell 1.9%, turning negative for the year, while major regional bourses like Germany's DAX and France CAC 40 slid further into the red and UK's FTSE 100 held on to slim gains for the year.
| |||||||
India's gold demand down 35 per cent to 446.4 tonne in 2020; likely to rebound in 2021 Gold demand in value terms in 2020, witnessed a decline of 14 per cent and stood at Rs 1,88,280 crore, compared to Rs 2,17,770 crore in 2019, according to the WGC data. Share Via Email. Published: 28th January 2021 01:43 PM | Last Updated: 28th ...
| |||||||
Easyjet revenue collapses 90 per cent amid newest restrictions Easyjet today saw total revenue shrink nearly 90 per cent for the first quarter as the coronavirus pandemic showed no signs of abating. The budget carrier started the new financial year as it finished the last one, with revenue slumping to a mere £165m for the ...
| |||||||
TSMC to increase capacity for manufacture of automotive chips Taipei, Jan. 28 (CNA) Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) said Thursday that it will expand its manufacturing capacity for automotive chips, amid a supply shortage that has snarled global automotive production. TSMC, the ...
| |||||||
Facebook scores earnings beat on holiday retail advertising; Apple privacy changes loom Facebook Inc soundly beat quarterly revenue estimates on Wednesday after heavy holiday advertising by e-commerce retailers, but it warned Apple's impending privacy changes could hurt revenue by interfering with ad targeting. FILE PHOTO: Illustration of a ...
| |||||||
Should You Try the New 'Detroit' Style Pizza from Pizza Hut? Let me start things off here with an honest admission about how I feel about Pizza Hut. I don't often order their pizza. However, we do often order their wings and garlic knots because our kids absolutely love them! And those items are both on their value menu ...
| |||||||
Prudential to demerge US business and raise up to $3bn of equity The company, which has been under pressure from activist investor Third Point to split itself up, said on Thursday that it had decided to demerge Jackson, the US unit, directly to shareholders rather than go through an initial public ...
| |||||||
Manhattan vaccine site restricts appointments to NYC residents after out-of-towners fill spots NEW YORK (WCBS 880) – An Upper Manhattan vaccination site will only make appointments for city residents after people came from far and wide to get shots there, pushing out spots for locals.
| |||||||
Asian shares drop after US stocks' worst day since October Benchmarks in Japan, South Korea, Australia and China declined Thursday. The region is looking ahead to earnings season for a read on how companies are faring amid COVID-19 infections, which have been relatively low in some nations such as New ...
| |||||||
Is Nutrisystem or the South Beach Diet Better for Weight Loss? The diet promotes lean sources of protein, non-starchy vegetables, and heart-healthy fats while limiting added sugars and high carb ingredients. Although you can follow the diet using the principles described in the ...
| |||||||
| See more results | Edit this alert | |||||||
| You have received this email because you have subscribed to Google Alerts. |
 Receive this alert as RSS feed |
| Send Feedback |
No comments:
Post a Comment