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Wizz Air presses crisis advantage as easyJet pulls back LONDON (Reuters) - Wizz Air vowed to use the coronavirus crisis to grab business from rivals including easyJet, as the no-frills airlines both posted sharp quarterly revenue declines. FILE PHOTO: A Wizz Air Airbus A320 at Luton Airport, Luton, Britain, May 1, ...
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Miami Heat lets dogs out to screen fans for Covid-19 -- but what does the science say? As AmericanAirlines Arena in Miami reopens to a limited number of fans Thursday, the Miami Heat is bringing out dogs it is billing as "coronavirus detection dogs" to screen guests and employees as they arrive at the facility. The team will be the first in the NBA to ...
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4 Stocks Warren Buffett Is Likely to Add to in 2021 The Oracle of Omaha has a knack for identifying plain-as-day values and hanging onto companies with sustainable competitive advantages for long periods of time. In other words, when Warren Buffett buys or sells a stock, Wall Street and retail investors pay ...
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Oil steadies as COVID-19-induced demand worries persist LONDON (Reuters) - Oil steadied after earlier declines on Thursday fuelled by fresh travel curbs to prevent new coronavirus outbreaks and delays to vaccine rollouts. FILE PHOTO: Maltese-flagged crude oil tanker Captain Paris sails in the Bosphorus as it is ...
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Dow futures edge higher after steep Wall St. selloff; GameStop underlines worries about market froth Stock futures were mixed Thursday, struggling for direction a day after steep losses for major indexes tied to worries over a slowing economic recovery. Investors continued to monitor a surge in shares of GameStop Corp. that underlined concerns about ...
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The Athletic And BetMGM Announce Exclusive Sports Betting Partnership Key details of the agreement include the creation of The Athletic Betting Hub, a new content vertical for The Athletic, as well as further in-depth content and product integrations between the two companies. " ...
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Tech Stocks Drive $123 Billion Gain at Norway Wealth Fund Norway's sovereign wealth fund returned $123 billion last year as soaring technology stocks added to market gains fattened by crisis support packages. The result is the fund's second highest in over two decades, and Chief Executive Officer Nicolai Tangen ...
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Why Your Education and Job Could Mean You're Paying Too Much for Car Insurance She hadn't planned to look elsewhere—she liked the customer service at Liberty—until she heard something that made her think again: An acquaintance who worked at a New Jersey consumer group told her some companies charge drivers higher premiums if ...
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AMC Explodes 301% After $305M Share Sale; Street Says Hold Shares of AMC Entertainment exploded 301% on Jan. 27 fueled by investor optimism that the cash-strapped movie theatre operator is on the right track to avert bankruptcy. The stock dropped 27% in Wednesday's after-market trading session. Amid the share ...
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UK's competition watchdog begins probe into Facebook's Giphy deal Jan 28 (Reuters) - UK's competition watchdog on Thursday launched its initial investigation into Facebook Inc's FB.O completed acquisition of GIF website Giphy, at a time when the social media network is under global regulatory scrutiny over antitrust concerns.
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Golin hires first UK strategy chief to 'completely change the offering' Former Freuds head of strategy Kat Arnull has joined Golin and Virgo Health in the new role of UK group chief strategy officer. News · Tweet. Share. Golin said Arnull (pictured) will work with the UK leadership to grow the agencies' practices and offerings.
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TSMC ramps up auto chip production as carmakers wrestle with shortages TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is "expediting" auto-related products through its wafer fabs and reallocating wafer capacity, the company said on Thursday, amid a global shortage of auto chips. FILE PHOTO: A man sits ...
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Where to get Valentine's Day treats for pickup, delivery on Long Island You can get a doughnut and coffee box delivery (the brainchild of Sail Away and North Fork Doughnut Company) and hot chocolate "bombs," like the geometric heart-shaped ones from Sayville Chocolatier -- and most can be picked up curbside.
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Tractor Supply beats profit and sales expectations, provides upbeat outlook and raises dividend The rural lifestyle retailer's stock was still inactive in premarket trading. Net income fell to $135.9 million, or $1.15 a share, from $144.2 million, or $1.21 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $1.64 beat the ...
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Dow swings to a profit, with adjusted earnings and sales rising above expectations The materials science company's stock was still essentially inactive in premarket trading. Net income was $1.24 billion, or $1.65 a share, after a net loss of $2.32 billion, or $3.14 a share, in the year-ago period.
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Aeromexico pilots' union says agrees to cuts of $350 mln over bankruptcy talks MEXICO CITY, Jan 27 (Reuters) - A pilots' union for Mexico's Grupo Aeromexico said it had accepted cuts amounting to $350 million on collective bargaining pacts in negotiations required for the airline to win a second tranche of bankruptcy financing.
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Global shares drop after US stocks' worst day since October TOKYO (AP) — Global shares skidded on Thursday as a reality check set in about longtime economic damage from the coronavirus pandemic, giving Wall Street its worst day since October. France's CAC 40 slipped 0.7% in early trading to 5,422.70, while ...
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Samsung Net Profit Misses Estimates After 5G iPhone's Debut Samsung Electronics Co. missed analyst estimates for the fourth quarter and warned profitability will likely decline this quarter, citing weakness in its memory chip business and challenges with currency fluctuations. South Korea's biggest company reported ...
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American Airlines Jumps, Southwest Rises After Q4 Results, Challenging Outlook American Airlines (AAL) and Southwest (LUV) reported smaller-than-expected fourth-quarter losses but continued struggles ahead on Thursday, as airline stocks face a turbulent rebound from the coronavirus pandemic. American Airlines stock jumped early ...
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Baidu secures license for full driverless road tests in California To secure the permit, the company had to prove to the California DMV that its technology is capable of Level 4 or 5 autonomy. It also had to write up detailed instructions on how law enforcement and first responders should interact with their test vehicles in case ...
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Bankia profit halves due to coronavirus provisions Bankia SA's net profit more than halved last year as the bank set aside more than half a billion euros in extraordinary provisions to weather the effects of the coronavirus pandemic. The Spanish lender said Thursday that profit fell almost 58% last year to 230 ...
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DOH: 3 deaths, 103 new COVID-19 cases reported Wednesday 64 new COVID-19 cases are on O'ahu, 27 on Maui, three on Hawai'i Island and nine residents were diagnosed outside of the state.
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JPMorgan to launch UK consumer bank within months LONDON (Reuters) - JPMorgan will launch its digital consumer bank in Britain under its Chase brand within months, the US banking giant said on Wednesday. The bank said the new business had already recruited 400 people and would offer a range of ...
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KraneShares Launches First China STAR Market ETF, KSTR, in the US On Wednesday, Krane Funds Advisors, LLC, ("KraneShares"), a global asset management firm known for its China-focused ETFs and innovative China investment strategies, announced the launch of the KraneShares SSE STAR Market 50 Index ETF (KSTR) ...
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Tennessee saw a record number of firearm background checks in 2020 NASHVILLE, TN (WSMV) - A new report from the TBI shows background checks in 2020 hit a record number, topping the previous year by more than 50 percent. NEWS ALERT: New data on firearms background checks in our state, provided by TBI's ...
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Valero Energy Corp. Q4 adjusted earnings Beat Estimates -EPS: -$0.88 in Q4 vs. $2.58 in the same period last year. -Excluding items, Valero Energy Corp. reported adjusted earnings of -$429 million or -$1.06 per share for the period. -Analysts projected -$1.42 per share -Revenue: $16.60 billion in Q4 vs. $27.88 billion ...
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Hobby Lobby discontinuing 40% off coupon in February "By making this decision, we are intensifying our efforts to discount thousands of items every day. This will offer a better value instead of providing a discount on only one item with the coupon," Hobby Lobby wrote in the comment.
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Stanley Black & Decker: 4Q Earnings Snapshot NEW BRITAIN, Conn. (AP) _ Stanley Black & Decker Inc. (SWK) on Thursday reported fourth-quarter profit of $467.3 million. On a per-share basis, the New Britain, Connecticut-based company said it had net income of $2.88. Earnings, adjusted for costs ...
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How did Ken Griffin get in the middle of a massive Reddit-fueled trading scrum? (Bloomberg) — The first sign of trouble for hedge fund wunderkind Gabe Plotkin came in late October: A poster on Reddit's popular wallstreetbets forum was taking aim at his wildly successful investment firm. "GME ...
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Reducing duty on gold is good for industry & economy: PR Somasundaram While Q4 was a positive story in terms of gold demand, the doom and gloom is expected to continue into 202, says MD-India, World Gold Council. ETMarkets ...
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Fevertree Sales Ahead of Guidance as Covid Boosts Home Drinking Fevertree Drinks Plc, the British maker of high-end tonic, said full-year earnings were ahead of expectations as more people drink at home during Covid-19 lockdowns. Total sales fell about 3% in 2020, the company said Thursday, with gains in the U.S. ...
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Keppel to exit rig-building business, yet to confirm how many jobs will be cut "When we succeed in executing these plans, we will see a transformed and more competitive Keppel O&M, well placed to support the global energy transition," CEO Loh Chin Hua said during a briefing on the results.
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Maruti Suzuki reports 24% rise in Q3 net profit; margin contraction disappoints On a sequential basis Maruti Suzuki managed to engineer a sharp turnaround from the June quarter when it reported a loss of ₹249.9 crore, first ever in two decades.
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Nine banks ate into capital buffers under ECB's pandemic relief Nine eurozone banks took advantage of the European Central Bank's relaxed rules to fall below its minimum capital requirements last year as part of supervisory efforts to keep credit flowing during the coronavirus crisis. The number of ...
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COVID vaccine scams use fake appointments, shot promises to steal money, personal info CHICAGO (WLS) -- The Better Business Bureau has issued an alert as COVID-19 vaccine scams become more common as distribution ramps up. The BBB said victims have given up personal information and lost money as they try to get vaccinated.
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Fall in gold prices continues for fifth day The global markets are also witnessing decline in the prices of gold on the back of a stronger dollar. READ FULL STORY. By hindustantimes.com | Edited by Deepali Sharma, Hindustan Times, New Delhi. PUBLISHED ON JAN 28, 2021 05:32 PM IST.
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Oakland airport 1st in nation to sell COVID kits in vending machines The vending machines are selling kits called "At-Home Saliva RT-PCT" tests. Customers take the test on their own and then return saliva samples via FedEx. They'll get their results on a mobile phone app within 24 hours, said airport spokesman Robert ...
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Red Cross plans blood drives to shore up supply The Red Cross typically has a tough time keeping the blood supply strong during the winter months, when inclement weather and seasonal illnesses can impact donors. This year, the pandemic adds in another challenge in maintaining the blood supply.
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Johnson & Johnson says COVID vaccine data is coming early next week "I am proud of the progress of our COVID-19 vaccine candidate and the fact that we've moved so quickly while maintaining the highest level of science and safety standards," said Alex Gorsky, chairman and CEO of Johnson & Johnson, during an investor ...
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Sky owner Comcast beats revenue forecasts on broadband and streaming boost Comcast today posted better-than-expected revenue for the fourth quarter, as higher demand for broadband services offset a pandemic-induced hit to theme park and film takings. The US media giant posted revenue of $27.7bn (£20.3bn) in the final three ...
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Rising cost of chicken wings is challenging to already hurting restaurant industry in western Pennsylvania "Being voted best wings in Pittsburgh, our sales are out the door," said Richard Rattner of William Penn Tavern in Shadyside. Rattner says wholesale prices for chicken wings have gone up from about $70 ...
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CBA boosts tech spending to fend off fintech rivals The Commonwealth Bank has flagged a lift in its technology spending, as it faces a wave of competition from fintech rivals and looks to cement its key position in customers' financial lives. Chief executive Matt Comyn on Thursday indicated the bank's ...
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Stocks tumble in US on recovery fears; dollar climbs Dow Jones Industrial Average down 2.05 per cent, the S&P500 lost 2.57 per cent and the Nasdaq Composite dropped 2.61 per cent. Stocks fell around the world on Wednesday as investors turned more cautious over stretched valuations and the economic ...
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Aditya Birla Fashion Buys 51% stake in Sabyasachi Couture for Rs 398 crore The deal is expected to be completed in 30-45 days, Aditya Birla Fashion said in a statement. Established in 1990, the Sabyasachi brand deals in categories such as apparel, accessories and jewellery and has a strong franchise in India, the US, UK and Middle ...
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New Broadcast Owners, New Channel Names Curt Schilling has asked the Hall of Fame to remove his name from the 2022 BBWAA ballot after not being elected Tuesday. Former Indians shortstop Omar Vizquel sees his vote total drop from 52.6% to 49.1%.
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Low-Cost Satellite Market Size Will Grow Over $ 1 Billion During 2020-2024 | Wide-scale Deployment of Secure and ... LONDON--(BUSINESS WIRE)--Jan 27, 2021--. The new low-cost satellite market research report from Technavio indicates negative growth in the short term as the business impact of COVID-19 spreads. This press release features multimedia. View the full ...
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