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Alliance Data Reports Full Year and Fourth Quarter 2020 Results "Alliance Data's 2020 operating performance demonstrated resilience in a very challenging business environment, with key strategic initiatives undertaken throughout the year that position us for ongoing improved performance," said Ralph Andretta, president ...
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Walmart teams up with The Trade Desk in ambitious plan to become a top 10 ad seller Walmart has reached a deal with The Trade Desk to develop a programmatic buying platform using the retailer's data to place ads outside Walmart properties as part of a broader plan to become a top 10 player in the U.S. ad business within three years.
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5 Points For Building An Inclusive Leadership Culture That You Should Not Ignore Increasing diversity hiring, will not, in of itself, advance inclusion within the workplace, unless it helps to reinforce a systemic governance around diversity and inclusion. If we are to arrive at a place, where ...
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US economic growth slowed to 4% annual pace at end of 2020 The coronavirus has forced many businesses to close multiple times, but the economy has shown a lot of resilience as the pandemic drags on. GDP expanded at a 4% annual pace in the fourth quarter.
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Buffett-Backed Truck Stop to Buy Ethanol Plant as Recovery Eyed Green Plains Inc. said Wednesday it plans to sell a 65 million-gallon ethanol plant for $64 million to GreenAmerica Biofuels Ord LLC. GreenAmerica is a unit of Knoxville, Tennessee-based Pilot Co., ...
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US Jobless Claims Drop; Still at 847000 as Pandemic Rages WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell but remained at a historically high 847,000 last week, a sign that layoffs keep coming as the coronavirus pandemic continues to rage. Last week's claims dropped by ...
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German regulator reports Wirecard insider trading in own ranks FRANKFURT (Reuters) - Germany's financial watchdog has reported one of its employees to state prosecutors on suspicion of insider trading linked to Wirecard, shortly before the payment firm's spectacular collapse. Slideshow ( 4 images ). BaFin's admission ...
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Current Mortgage Rates -- January 28, 2021: Rates Come Down Again Mortgage rates are mostly down today. Should you apply for a home loan? Mortgage rates have mostly dropped from yesterday. This is what they look like now: Mortgage Type, Today's Interest Rate. 30-year fixed mortgage, 2.808%. 20-year fixed mortgage ...
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UPDATE 1-Comcast tops revenue expectation despite weakness at NBCUniversal (Adds details from earnings call, EPS estimate, share movement). Jan 28 (Reuters) - Comcast Corp on Thursday reported better than expected fourth-quarter revenue, as broadband demand continued to offset pandemic-related weakness in its theme park ...
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Robinhood Blocks Buying in GameStop, AMC, and Other Stocks. Other Brokers Also Add Guardrails. Investing app Robinhood blocked access to GameStop and other highflying names on Thursday as trading surged among retail users. The move comes after GameStop (GME) stock has shot higher over the past week, inspiring a short squeeze. The action ...
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The Spread of Covid-19 Led to a Surge in Orders for Factory Robots "The pandemic has created a sense of urgency for manufacturing companies to invest in automation like never before," said Mike Cicco, chief executive officer of the Americas unit of Fanuc Corp., a Japanese robot maker.
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Southwest Airlines saw annual loss of $3.1 billion as pandemic gripped globe It was the first annual net loss for the company since 1972, CEO Gary Kelly said in a statement within the company's earnings report. "I am forever grateful ...
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Stocks in Europe, Dow futures slump as hedge funds retreat in wake of GameStop-led frenzy European stocks slumped on Thursday, feeling the pressure from a wild day on Wall Street in which major funds took positions off the table so that they didn't get burned by a band of retail investors punishing short sellers. Down 1.2% on Wednesday, the ...
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Las Vegas Sands Reports Fourth Quarter 2020 Results LAS VEGAS, Jan. 27, 2021 /PRNewswire/ -- Las Vegas Sands Corp. (NYSE: LVS), the world's leading developer and operator of convention-based Integrated Resorts, while continuing to mourn the loss of its visionary founder, Mr. Sheldon G. Adelson, today ...
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Microsoft Climate Fund Backs Climeworks Effort to Suck Up Carbon Microsoft Corp. said its climate fund will invest in Swiss carbon-removal startup Climeworks AG, and that the company will base executive pay partially on meeting sustainability goals. Microsoft will back Climeworks' current project in Iceland to increase the ...
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The hedge fund Point72 has suffered a nearly 15 percent loss amid the GameStop frenzy on Wall Street. The losses at Point72, which manages nearly $19 billion in assets, stem in part from the firm's investment in Melvin Capital, a hedge fund that had a massive bet against GameStop. As the shares rose ...
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Northrop Grumman reports big profit, sales beats but provides downbeat outlook Shares of Northrop Grumman Corp. noc were indicated down nearly 1% in premarket trading Thursday, after the aeronautics and defense company reported big fourth-quarter profit and sales beats but provided a downbeat outlook for 2021. The company ...
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Powerball results for 01/27/21; jackpot worth $20 million LANSING, MI – There were no $1 million winners and there was no winner of the $20 million Powerball jackpot for the drawing held on Wednesday, Jan. 27. That means the Powerball drawing on Saturday, Jan. 30 will be worth $30 million with a cash option ...
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A Broken Record: Flows for US Sustainable Funds Again Reach New Heights Both the 2018 and 2019 flows had set calendar-year records. Sustainable fund flows constituted nearly a fourth of overall net flows into stock and bond mutual funds in the U.S. in 2020.
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Revised Port Canaveral budget projects no cruise activity until July While most of the lines at the port have only canceled cruises through April so far, the update given at Wednesday's port authority meeting calls for only one ship from four lines sailing by July, and then only at 50% capacity.
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UK Opens Formal Investigation of Facebook's Giphy Takeover LONDON (AP) — The U.K.'s competition watchdog launched a formal investigation on Thursday into Facebook's purchase of Giphy over concerns it will stifle competition for animated images. The Competition and Markets Authority said the investigation's first ...
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McDonald's sales took a hit from Covid-19 restrictions New York (CNN Business) McDonald's US sales popped in the fourth quarter as guests spent more per order, but international sales took a hit from lockdowns related to Covid-19. The company said Thursday that sales at US restaurants open at least a year ...
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Data Privacy Day is today; tips on how to protect your online privacy As technology evolves and the pandemic continues to influence how consumers interact with businesses online, data collection practices are becoming increasingly unavoidable, making it imperative that companies act responsibly. Data Privacy Day takes ...
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Nissan Recalls 354K Pathfinder SUVs for Brake Light Problem DETROIT (AP) — Nissan is recalling more than 354,000 Pathfinder SUVs worldwide, some for a second time, because the brake lights can stay on all the time. The recall covers certain Pathfinders from the 2013 through 2015 model years. The automaker ...
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Qualtrics prices IPO at $30 per share, above its upgraded target range That's just under double the $8 billion that the company was worth when it sold to SAP a few years ago. Of course, let's wait until we get a formal, final share count before we lock in the company's pre-trading value.
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The Morning After: Tesla revamped the Model S and Model X While that style of control might work in limited situations, I'm curious whether drivers will miss the top part of the steering wheel when they're trying to navigate a crowded parking lot while managing backseat arguments.
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Publix grocery store set to open in East Nashville, alongside Chase Bank, Starbucks Publix is launching its first East Nashville location just two weeks after opening in Melrose Park. The grocery store chain will open in the new Hill Center Greenwood shopping center on Feb. 10, according to the company's web site. The 31,000-square-foot ...
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'A beacon of hope' during pandemic, Sweetwater nets $1B in revenue in 2020 FORT WAYNE, Ind. (WANE) — Even in the midst of a pandemic, Sweetwater recorded record growth in 2020. Sweetwater served more than 1.5 million unique customers with musical equipment purchases in 2020, up from just under 1 million in 2019.
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Chinese app TikTok cuts jobs in India following ban NEW DELHI (AP) — Popular short-video Chinese app TikTok is cutting its workforce in India after hundreds of millions of its users dropped it to comply with a government ban on dozens of Chinese apps amid a military standoff between the two countries.
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SBA approved $35B in PPP loans so far in 2021. Here's what you need to know. That was for 400,580 loans through Jan. 24, meaning the new phase of the program is off to a slower start than the initial PPP launch last April. From April 3 to April 16, the agency approved roughly 1.66 million loans for about $342.2 billion, according to SBA ...
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Kraft launches candy-flavored mac and cheese for Valentine's Day Kraft-Heinz is releasing this ultra-romantic dish, which is sure to fire up any relationship just in time for the day made for lovers. But there's a catch: You can ...
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Las Vegas Strip gaming win down more than 50% in December LAS VEGAS (KSNV) — Las Vegas Strip casinos capped 2020 with another drop in gaming revenue, as December's win was down 50% compared to a year ago. Gaming properties statewide had a total win of $683.7 million last month, according to new ...
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Two girls safe after abducted from Kansas City, Kansas gas station KCTV5 News is working to get a better description of the suspect . If you have any information call police at 913-596-3000.
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Beauty brand Ace of Air introduces sustainable packaging for rent For decades, people have been able to borrow a book from the library, rent a home or car, and more recently rent clothes from startups like Rent the Runway. Now, a new beauty brand wants to offer consumers the chance to rent product packaging in the ...
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Cadbury maker faces EU competition investigation Regulators in Brussels have opened a formal antitrust investigation into whether Cadbury maker Mondelez has restricted competition by hindering the cross-border trade of its products in the EU. If the company is found guilty of anti-competitive behaviour it ...
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SAP launches 'Rise' business transformation as a service SAP's chief executive officer, Christian Klein, has announced what the supplier is calling a "business transformation service" under the label "Rise". The "Rise with SAP" package is said to offer "customers at all stages of digital transformation a completely new ...
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Lowe's to hire over 50000 workers for spring home-improvement rush Lowe's Cos Inc said on Thursday it would pay employees about US$80 million in additional discretionary bonuses and also plans to hire more than 50,000 workers across its U.S. stores in the spring. A view of the sign outside the Lowes store in Westminster.
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Udaan, Vedantu backer GGV raises $2.5 bn across four latest funds GGV Discovery III will focus on early growth stage firms. And GGV Capital VIII Entrepreneurs Fund will invest alongside the other vehicles with a focus on building the firm's entrepreneur network.
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Julie Page to head up merged Aon/WTW business in the UK Aon has announced its leadership team once the $30bn merger deal with Willis Towers Watson is completed. In the UK Julie Page will join CEO Greg Case, and Christa Davies, chief financial officer, in forming the new Aon Executive Committee. Page is ...
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TSMC ramps up auto chip production as carmakers wrestle with shortages 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.
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Cenovus Energy plans $2.3 billion to $2.7 billion in capital spending for 2021 The 2021 budget includes $2.1 billion in sustaining capital and $520 million to $570 million related to the rebuild of the Superior Refinery in Wisconsin, which was damaged in an explosion and fire in April 2018. Total ...
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Can and should employers require COVID-19 vaccinations? Or a third option, should you make the vaccine voluntary? Employment Attorney Amy Luck with RCO Law says it all depends on your workforce. As ...
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Fox Sports South, Southeast changing names to reflect ties with Bally's Sinclair Broadcast Group, Inc. and Bally's Corporation jointly announced Wednesday the new Bally Sports logo and Bally Sports regional monikers for Sinclair's owned and operated regional sports networks. The Bally Sports regional logos will replace the ...
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