(Reuters) - Coinbase, the biggest U.S. cryptocurrency exchange, moved a step closer to listing on the Nasdaq with a filing on Thursday to go public, revealing that it had swung into profit last year as bitcoin surged. FILE PHOTO: A collection of Bitcoin (virtual ...
Yield rally taking a toll on bond-proxy sectors like Utilities. Nothing can go up forever without stopping. It just seems that way right now in the Treasury market. The benchmark 10- ...
Currency has climbed 9% against U.S. dollar since June, forcing some companies hit by pandemic-related expenses to consider raising cost of goods. The yuan's appreciation didn't derail global demand for Chinese goods in the second half of 2020. A worker ...
It was the latest tough headline for the consulting firm, which may face growing threats to its status as a trusted adviser to companies and governments — and as a magnet for top talent. Mr. Sneader ...
New orders posted ninth straight month of gains and the largest percentage increase since July 2020. An operator checking a component at the Tennsco factory in Dickson, Tenn. Photo: tennsco/Reuters. By. John McCormick. Close. John McCormick.
Some food experts are linking "buttergate" to the increased presence of a palm oil derivative — a conclusion that's been dismissed by the dairy industry, which says it is investigating the matter. For food researcher ...
The second quarterly estimate caps a year in which the economy ground to a halt only to recover with massive fiscal and monetary stimulus from both Congress and the Federal Reserve. These included enhanced unemployment benefits, one- ...
Based in Cambridge, Mass., Pandion's lead candidate product, PT101, a potential treatment of ulcerative colitis and other autoimmune diseases, completed a phase 1-A clinical trial earlier this year, which, Merck said, "achieved its primary objective of safety and ...
New approach to drug design, check. New CEO, check. Now, Cellarity is raising $123 million in venture capital to propel multiple programs targeting cell behavior toward the clinic and keep improving the technology that underlies those assets.
The new retail concept will enhance the shopping experience and provide demonstrations with highly trained Target Tech Consultants. The online experience will include an expanded assortment of Apple accessories. Christina Hennington, executive vice ...
Melonie Johnson, president and COO of Borgata Hotel Casino & Spa in Atlantic City, is breaking ... [+] boundaries in gambling. Borgata Hotel Casino & Spa.
A nurse administers the Covid-19 vaccine in Carson, California. The pandemic has exacerbated the wealth gap between Black Americans and their white peers. Patrick T. Fallon/AFP/Getty Images.
Hillhouse is an Asia-focused private equity firm with a deep investment background in online retailers, including Chinese e-commerce giant JD.com and tech conglomerate Tencent. Another major investment is Topsports, which operates more than 20,000 Nike ...
Rates continue to be low by historical standards, but perhaps not low enough to make refinancing attractive for many homeowners. Homeowners may not see as much benefit from refinancing as mortgage rates quickly begin to increase. Getty Images.
Adjusted EBITDA was $22.7 million, a decline of $61.2 million from the fourth quarter of 2019. Admission per capita increased 9.4% to $41.44 while in ...
(Reuters) - Toronto-Dominion Bank and Canadian Imperial Bank of Commerce closed out quarterly results reporting on Thursday, joining major rivals in beating expectations, thanks to much lower provisions for loan losses and trading strength even as their ...
According to the plea agreement, entered in the U.S. District Court in Denver, the JBS SA-owned company took part in a price-fixing and bid-rigging conspiracy between 2012 and 2017. At least $361 million in Pilgrim's sales were affected.
That plane landed safely 20 minutes after departure. Nearly a year earlier, the crew of an Airbus 321 jet operated by American Airlines flying from Charlotte, N.C., to Philadelphia had to abort the flight when ...
WASHINGTON (Reuters) - The economic recovery is in a "rough patch," Atlanta Federal Reserve president Raphael Bostic said on Thursday, but job growth should accelerate as the impact of vaccines is felt. Bostic noted that as the reopening of the economy ...
New unemployment claims decreased by 111,000 last week, the biggest drop in new claims since August, and a positive sign as the coronavirus pandemic spread has slowed in recent weeks. About 730,000 new claims were filed for traditional unemployment ...
Nvidia beat earnings expectations on Wednesday as the graphics processing card company reported 4Q FY21 diluted earnings per share (EPS) of $3.10 compared to analysts' estimates of $2.81. Revenue for the quarter came in at $5 billion, up by 61% ...
Cantwell views that fall for the stock as "largely a near-term, momentum-driven negative reaction to this week's decline in the price of Bitcoin," as Square has invested in the cryptocurrency and allows Cash App users to buy and sell it as well through the platform.
Employee wellness startup BetterUp Inc. has raised $125 million at a $1.73 billion valuation. The investment was led by Iconiq Growth, with participation from existing investors Lightspeed Venture Partners, Threshold Ventures and Plus Capital. New investors ...
New York (CNN Business) Victoria's Secret is continuing to shrink its store count. Its parent company L Brands announced that it plans to permanently close between 30 to 50 stores in the United States and Canada this year. The reduction comes after it ...
It is suing chipmaker Qualcomm, claiming it breached UK competition law by taking advantage of its dominance in the patent licensing and chip markets. Which? alleges that it charged inflated fees to ...
LANSING, MI – No one won $1 million and there was no winner of the $94 million Powerball jackpot for the drawing held on Wednesday, Feb. 24. That means the Powerball drawing on Saturday, Feb. 27 will be worth $106 million with a cash option of $75.6 ...
"The current order situation is very tense," Chief Marketing Officer Helmut Gassel told its annual general meeting, adding that contract manufacturers were running flat out and expanding Infineon's own production capacity will take time.
(RTTNews) - Donaldson Company, Inc. (DCI) reported second quarter adjusted earnings per share of $0.52 compared to $0.50, a year ago. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.51, for the ...
NEW YORK — A public service ad campaign unveiled Thursday aims to convince Americans to get vaccinated against COVID-19, telling them "It's Up to You." The campaign by the Ad Council and its partners is focused on those who may be hesitant to get the ...
Market regulator Sebi on Thursday issued a statement on nearly a five-hour-long trading halt at National Stock Exchange (NSE) on February 24, 2021. In the statement, Sebi said it "would take all necessary measures to ensure rectification of the underlying ...
The group, one of the biggest suppliers of outsourced services to governments worldwide, said it would pay a 1.4p a share dividend after its full-year underlying trading profit rose by more than a third, to £163m, on revenues that were up a ...
Sanderson Farms Inc. logged a profit for the first fiscal quarter and a 10% bump in its net sales. The Mississippi-based company reported a $9.5 million profit in the three months ended Jan. 31 compared with a $38.6 million loss a year earlier. The company's ...
Anheuser-Busch InBev SA on Thursday reported a rise in fourth-quarter net profit as it booked much lower finance costs--beating market forecasts--and said that it expects to report improved earnings for 2021 compared with 2020. The world's largest ...
H-E-B stores across Texas have seen rushes of customers and limited hours this week as a. During last week's historic winter storm and utilities outage, both grocery stores and food banks took a ...
The flavor is a mix of vanilla ice cream, chocolate crème-filled cookie crumbles, chocolate cone pieces covered in dark chocolate and a chocolate fudge sauce. "Some of you will remember our Cookie Cone ...
CANBERRA, Australia — Qantas Airways does not expect to resume international travel apart from New Zealand until late October after the Australian population is vaccinated for COVID-19, the airline's chief executive said on Thursday. The Sydney-based ...
MyHeritage, a website where users can research their family trees, has announced a "deep nostalgia" feature that can turn even a single photo of a relative into a video where they can smile, nod and wink back at them. The feature, created ...
Analysts had expected the company to earn $2.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 5.6 ...
These purchases were confined to risk-free sovereign (government) bonds including state government securities only, he said. Other than conventional measures, RBI introduced long term repo operations (LTROs) and targeted long ...
The Financial Conduct Authority (FCA) has bolstered its executive team with four new hires as part of a planned overhaul in response to last year's damning reports into the regulator's handling of the London Capital & Finance (LCF) and Connaught fund ...
CANTON, Mass., Feb. 24, 2021 /PRNewswire/ — Dunkin' stands apart for making the menu choices Americans crave even more convenient, and now the brand is tapping into a toasty, tasty trend for its newest on-the-go option. Beginning today, Dunkin' is ...
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards. Applications for benefits declined 111,000 from the previous week to a seasonally adjusted 730,000, the Labor ...
Washington, DC, Feb. 24, 2021 (GLOBE NEWSWIRE) — A new analysis from World Wildlife Fund (WWF) identifies the United States Postal Service (USPS) as a potential player in bringing fresh produce to people who may lack access through existing ...
The decision was made based on safety concerns about the ongoing coronavirus pandemic. "We continue to work on plans to resume operations and are encouraged by the focus to expedite vaccine production and distribution which ...
Workers at the Vauxhall car plant in England are set to discover if it has a future today as its owners weigh up Brexit and electrification in a major investment decision. Parent company PSA said in 2019 it wanted to keep the site, which employs 1,000 people, ...
The judge approved the plan during a hearing in Houston, The Charlotte Observer reported. The move provides the ailing chain with financial breathing room as it struggles with the ongoing covid-19 pandemic. It's the first ...
President Joe Biden's ordering of a 100-day review of vulnerabilities in America's supply chains highlights the dependence the US, and other developed economies, have on third-country suppliers, especially China, for products and technologies critical to ...
Soho House, which operates 27 clubs around the world, first considered a Wall Street listing in 2018. This time round the company has hired JP Morgan and Morgan Stanley and is looking to file with the US Securities and Exchange Commission next month, ...
London — Oil prices extended gains for a fourth session on Thursday to reach their highest levels in more than 13 months, underpinned by an assurance that US interest rates will stay low, and a sharp drop in US crude output last week due to the icy storm in ...
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