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Record Bond Buying in Australia Fails to Halt Bond Market Rout Australia's central bank found itself overwhelmed by the global reflation trade after it dived back into markets and discovered its biggest bond purchases in 11 months did little to hold down yields. The Reserve Bank of Australia will buy A$5 billion ($4 billion) of ...
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Oil prices hit 13-month highs on tighter supplies, Fed assurance on low rates SINGAPORE (Reuters) - Oil prices rose for a fourth straight session on Thursday to the highest levels in more than 13 months, underpinned by monetary easing policies and lower crude production in the United States. FILE PHOTO: The Bryan Mound ...
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Chinese £3200 budget electric car takes on Tesla A budget electric vehicle (EV) selling in China for $4,500 (£3,200) is now outselling Tesla's more upmarket cars. The compact car is proving a big hit for state-owned SAIC Motor, China's top automaker. The Hong Guang Mini EV is being built under a joint ...
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Standard Chartered Returns to Dividends as Profit Misses Standard Chartered Plc returned to dividends and proposed a share buyback as profit missed forecasts with the global pandemic weighing on earnings. The London-based bank's adjusted pretax profit of $2.51 billion, missing analyst estimates of $2.55 billion ...
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MicroStrategy to Buy More Bitcoin After $1 Billion Purchase MicroStrategy Inc., the enterprise software firm that has embraced Bitcoin investing, said it paid an average $52,765 for nearly 20,000 tokens last week after issuing $1.05 billion in convertible bonds. The company's latest foray into the cryptocurrency market ...
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SoftBank-backed robotics firm Berkshire Grey to go public via $2.7 billion SPAC deal The deal with Revolution Acceleration Acquisition Corp is expected to provide Berkshire Grey about $413 million in cash, as the maker of logistics automation systems looks to take advantage of a surge in online shopping amid the COVID-19.
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Victoria's Secret store closings: Retailer to close up to 50 stores while Bath & Body Works opens new locations Sales of soap and hand sanitizer at Bath & Body Works helped L Brands post a record fourth quarter, the company said. The Columbus, Ohio-based retailer on Wednesday posted a profit of $860.3 million ...
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McDonald's offering buy one, get one Crispy Chicken Sandwich in Southern California McDonald's is adding three chicken sandwiches to its core menu as of Wednesday, Feb. 24. The Crispy Chicken Sandwich, $4.39, features a lightly coated chicken fillet and crinkle cut pickles on a toasted potato roll. A Spicy Crispy Chicken Sandwich at $4.49 ...
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Geely Says Revised Volvo Pact Better Serves Investors' Interests Geely Automobile Holdings Ltd. Chief Executive Officer Gui Shengyue talked up the decision not to pursue a full merger with Volvo Cars, saying on an investor call Thursday that shareholders' interests are better served if the two companies remain as ...
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Knox Co. Board of Health moves to monthly meetings, extends alcohol curfew to 12 am As of Wednesday, the number of new COVID-19 cases also remained under 100 in Knox County.
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Brookdale to Sell 80% Stake in Home Health, Hospice Segment for $400M Brookdale Senior Living (NYSE: BKD) has agreed to sell a majority stake in its home health, hospice and outpatient therapy service line. The Brentwood, Tennessee-based operator on Wednesday announced it entered into a partnership to sell an 80% stake ...
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Novavax expects US trial data for COVID-19 vaccine at start of April (Reuters) - Novavax Inc expects data from a late-stage U.S. trial of its COVID-19 vaccine at the start of April, after which it will apply for emergency use authorization, the drug developer's R&D head Gregory Glenn said on Wednesday. "We are expecting results ...
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Gov. Jared Polis Wants To Shield Utility Customers In Colorado From High Energy Prices Due To Texas Storm Following the deadly and dangerous freeze, consumers in Texas are being forced to pay sky-high utility bills, some reaching thousands of dollars. Polis believes Colorado consumers deserve protection from any unfair practices and applauded the PUC for ...
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'COVID Bandit' strikes again with $6800 tip at Denver restaurant The tipper individually thanked everyone working on staff at Guard and Grace and handed each person $200 cash.
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Reddit Recovers From Hour-Long Outage Amid Heavy Trading in GameStop (Reuters) - Reddit recovered from an hour-long outage that affected thousands of users on Wednesday afternoon as volatility returned to stocks including GameStop GME.N> and AMC that were at the center of a slugfest between retail traders and Wall Street.
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$102K video keno jackpot hits on 20-cent wager The hits kept coming around 10:30 a.m. at the locals casino when a video poker player turned a $5 wager into $88,157 after hitting a hearts royal flush. Both winners chose to remain anonymous.
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Teladoc Lower After Posting Wider-Than-Expected Loss Teladoc Health (TDOC) - Get Report shares fell in after-hours trading Wednesday, after the telemedicine provider reported a wider-than-expected fourth-quarter loss. The Purchase, N.Y., company's shares at last check traded at $238.61, down 6.3%. They had ...
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Exelon To Split Nuclear Plants And Utilities Into Two Corporations Nuclear power giant Exelon Corp. approved a plan to separate its utility assets, such as Commonwealth Edison, from the power generation side of its company. The original corporation will be branded Exelon Utilities. It ...
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Dunkin' Now Sells Avocado Toast at All US Locations The toast will cost $2.99 and feature a "creamy, mouthwatering avocado spread" made from avocado, sea salt, black pepper and lemon juice. It's then topped off with some everything bagel seasoning.
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Search Software Provider Elastic Posts Better-Than-Expected Earnings For the quarter, Elastic (ticker: ESTC) reported revenue of $157.1 million, up 39% from a year ago, and ahead of both the guidance range of $145 million to $147 million and the Wall Street analyst consensus forecast of $146.7 million.
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Local medical facility to open long-term vaccine center ALTOONA, Pa. (WJAC) -- UPMC's Station Medical Center in Altoona is opening a long-term vaccination center inside the facility Thursday, slowly chipping away at a waiting list in the hundreds. "We will be doing this indefinitely," said Douglas Husey, ...
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'It was a real surprise' | Showing thanks to Cone Health's Heart & Vascular Center Market America Worldwide President & COO Marc Ashley surprised all 500 Cone Health Heart & Vascular staff members with gifts.
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Fry's Electronics Closing All Stores, Including Tempe Location TEMPE, AZ — Say goodbye to Fry's Electronics for good. The tech retail chain, popular in the 1990's, will be permanently closing all 31 locations across the U.S., including one in Tempe on 2300 W. Baseline Road. Another in north Phoenix will also be ...
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Spartan Stores: 4Q Earnings Snapshot GRAND RAPIDS, Mich. (AP) _ Spartan Stores Inc. (SPTN) on Wednesday reported fourth-quarter net income of $12.1 million. The Grand Rapids, Michigan-based company said it had profit of 34 cents per share. Earnings, adjusted for one-time gains and costs ...
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Virtual career fair underway ELKO -- Lee Enterprises, parent company of the Elko Daily Free Press and owner of 76 daily news organizations across the country, is hosting a nationwide virtual career fair now through March 7. More than 380 companies from at least 20 states will be ...
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WeWork co-founder Adam Neumann to leave board for a year under proposed deal TOKYO (BLOOMBERG) - Adam Neumann, the WeWork's co-founder and former CEO, would give up his role on the company's board for at least a year under terms of a legal settlement in advanced discussions, said people familiar with the matter.
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Booking Holdings: 4Q Earnings Snapshot NORWALK, Conn. (AP) _ Booking Holdings Inc. (BKNG) on Wednesday reported a fourth-quarter loss of $165 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Norwalk, Connecticut-based company said it had a loss of ...
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Erie County COVID update reports low case numbers and vaccine increase The county executive said that the community should continue with the mitigation efforts. Here is more on where Erie County stands in terms of vaccine distribution. Medical professionals from AHN and UPMC said that Erie County ...
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FAA met to discuss frequent engine inspections days before Denver incident The FAA announced Tuesday evening that it would require seven versions of Pratt & Whitney 4000 engines to be inspected before flying again. Only days before a dramatic engine failure on a ...
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What you need to know about NFTs, the collectible digital tokens that are selling for millions online NFT investments operate on the same deflationary principles as Bitcoin. Many celebrities buy and sell NFTs online for thousands of dollars. Non-fungible tokens or NFTs - products that operate as digital assets - ...
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HEB to donate $1 million to Texas food banks H-E-B will also launch a donation campaign online and in its stores across the state. All donated funds will support Texas food banks affiliated with Feeding Texas.
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Equitable Increases Buffered Annuity Sales Indexed universal life and variable universal life renewals increased. The number of term life policyholders fell. Equitable Holdings Inc. increased sales of low-risk buffered annuities in the fourth quarter, and ...
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FDA issues new recommendations to take on Covid-19 variants Therefore, we need to identify efficient ways to modify the products that are either in the pipeline or are [emergency use authorization] EUA products to address these variants," Acting FDA commissioner Janet Woodcock said during a press conference.
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Rite Aid offering COVID-19 vaccine sign-ups in three Mid-Michigan communities The pharmacy chain has vaccine available for eligible people in Mount Pleasant, Gladwin and Tawas City. Only health care workers with direct contact to patients, seniors age 65 or older and workers in critical occupations like teachers or first responders will be ...
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Powerball $90 million jackpot (2/24/21): When and how to find out if you've won There's was no big Powerball winner from Saturday night's lottery. So tonight — Wednesday, Feb. 24 at 10:59 p.m. EST — might be the night you win. Here's how you can livestream and how much the lottery is (really): ...
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FEMA Opens Two COVID-19 Vaccine Sites in North Texas At Globe Life Field, people showed up to get their COVID-19 vaccinations at the same time a college baseball game was going on. But there was plenty of room for both. Local.
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Middleton garden center expansion plan includes residential apartments MIDDLETON, Wis. (WMTV) - A Middleton garden center is proposing the redevelopment of its Parmenter Street business Wednesday, which would include rezoning a 16-acre plot to add in apartment buildings. The Bruce Company president Seth Nicholsen ...
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