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FOREX-Dollar buoyant as economic outlook brightens ... * Dollar holds gains against major currencies * Rises to highest vs. Japanese yen since June * Graphic: World FX rates tmsnrt.rs/2RBWI5E (Adds quote, new throughout) By Jessica DiNapoli and Tom Wilson NEW YORK, March 26 (Reuters) - The dollar ...
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Milestone Amazon union vote nears end, but the battle may just be beginning (CNN Business) One year to the day after workers first stepped inside a new Amazon warehouse in Bessemer, Alabama, a milestone union vote at the facility is set to come to an end. Monday is the final day for ballots to be received by the National Labor ...
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Fox News Faces Second Defamation Suit Over Election Coverage Dominion Voting Systems, an election technology company, accused the news channel of advancing lies that devastated its reputation and business.
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PRECIOUS-Gold set for first weekly dip in three on higher dollar, yields (Recasts, adds comment, chart, updates prices). * Dollar holds close to over four-month peak. * SPDR Gold ETF holdings down over 140 tonnes so far this year. March 26 (Reuters) - Gold prices edged up slightly on Friday but a stronger dollar and a rise in ...
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Fed's Harker Sees Above-Target Inflation, Optimistic Bond Market U.S. inflation is set to be contained just above the Federal Reserve's 2% target, and rising market interest rates are a sign of optimism about the economic recovery from the coronavirus pandemic, Federal Reserve Bank of Philadelphia President Patrick ...
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JPMorgan Plans to Hire 300 Black, Latinx Wealth Advisers by 2025 "We want to drive a step change in the representation of financial advisers" at JPMorgan, Kristin Lemkau, chief executive officer of the bank's wealth-management unit, said in a statement Friday. "We ...
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Vir, GSK race COVID-19 antibody to FDA for emergency nod The emergency use authorization submission for Vir Biotechnology and GlaxoSmithKline's dual-action antibody is based on interim data from a phase 3 trial of the treatment the companies stopped early due to high efficacy. (Getty Images/Naeblys).
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GameStop Takes $6 Billion Round Trip as Results Shrugged Off GameStop Corp. is ending the week where it started, after an earnings-related selloff was quickly reversed, with retail investors refusing to let go of their commitment to the stock. Investors were quick to get over GameStop's 12th consecutive quarter of slowing ...
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Banks, Energy Stocks Lead Indexes Higher in Early Trading. If the early gains hold, the S&P 500 could narrowly avoid its second weekly loss in a row. The index was up 0.5% early Friday. Tech companies lagged the rest of the market. The yield on the 10-year Treasury note rose to 1.67% and the price of crude oil climbed ...
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After Failed IPO, WeWork Will Go Public Through a Merger The money-losing office space firm plans to merge with a blank-check company backed by big Wall Street investors.
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Looking for a Chinese Electric Vehicle Stock? Just Ask Warren Buffett at the end of 2020? It might help to also know that the Berkshire investment has gone up 25 times in value as of Dec. 31, 2020, since the company initiated the investment in 2008.
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American and United Extend Deadlines On Unused Flight Credits About 11% of all open, unused tickets are now set to expire this year, down from 55% as of Jan. 29, according to TripActions, a corporate travel management firm.
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China's Stocks Rise After Brutal Month. How Stimulus Withdrawal, Delisting Threat Are Playing a Part in the Rout. China stocks finally rebounded Friday, after a tumultuous month that saw shares on the benchmark Shanghai Composite Index fall roughly 20%. The Shanghai Composite closed Friday up 1.63%, while the Shenzhen Component Index and large-cap CSI 300 ...
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Elon Musk tweets, deletes brag that Tesla will be biggest company 'in a few months' That tweet has since been deleted, but screenshots were obtained by The Washington Post. Image without a caption. Tesla CEO Elon Musk boasted about his expectations for the company's growth in ...
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Victoria's Secret Owner Boosts Outlook on 'Unusual' Demand The owner of Victoria's Secret raised its quarterly profit forecast for the second time this month after seeing an "unusual" shopping surge triggered by the latest round of stimulus checks and relaxing of Covid-19 restrictions. L Brands Inc., which also owns the ...
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Windsor Assembly Stellantis plant to shut down again from microchip shortage A global shortage of microchips is halting production at Stellantis NV's Windsor Assembly Plant again, according to the union representing workers there. The factory will stop producing minivans for four weeks starting Monday, according to a post on ...
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Getir Takes Turkish Unicorn Top Spot on $2.6 Billion Valuation Retail delivery application Getir has become Turkey's most valuable start-up after being valued at $2.6 billion in its third round of funding, founder Nazim Salur said. The firm, backed by venture-capitalist billionaire Michael Moritz, raised $300 million in the ...
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SPAC Investing 101: What Is a PIPE, and What Should Investors Expect After a Deal? When a special purpose acquisition company, or SPAC, identifies its acquisition target, it usually commits the funding it raised in its SPAC IPO along with a private investment round known as a PIPE that provides additional capital to help the business grow.
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Cunard Offers Summer At Sea Luxury UK Voyages (RTTNews) - Cunard, a luxury British cruise line owned by Carnival Corporation & plc (CCL, CCL.L, CUK), announced it is offering a series of UK voyages on board Queen Elizabeth. Voyages will be round-trip from Southampton, between July and October ...
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UK supermarket chain Asda loses ruling over equal pay claim LONDON — More than 40,000 store workers at Asda, Britain's third-largest supermarket chain, can proceed with their yearslong claim for equal pay following a ruling Friday from the U.K. Supreme Court. The workers, around two-thirds of whom are women, ...
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More Johnson & Johnson COVID-19 vaccines headed to Michigan, how were prior doses used? An additional 11,400 Johnson & Johnson vaccines have been ordered and will go to correctional facilities, Sutfin said. A shipment of the Johnson and Johnson Janssen Covid-19 vaccine arrived at the Oakland.
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Is Intel Stock a Buy? Chipzilla is barely breaking even since the start of 2020 and is the worst-performing large-cap chip stock over the last 52 weeks. Most of its peers doubled over the same period and several large chip stocks more than tripled.
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Iowa's unemployment rate frozen at 3.6% during sub-zero February Miserable winter weather froze Iowa's economic recovery in February, federal data released Friday shows. The state's unemployment rate remained stuck at 3.6% last month, the same as in January, the Bureau of Labor Statistics' household survey found.
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Easter feasters: Check out these meals and deals around Orlando Lamb chops from Taverna Opa. (Taverna Opa / Courtesy photo). Whether you' ...
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Altria Stock Is a Buy Despite Fewer Smokers, Jefferies Says Altria Group stock is trading higher Friday following an upgrade from Jefferies, which argues that the tobacco giant is more resilient than the market realizes, even as traditional cigarette use declines. Analyst Owen Bennett raised his rating on Altria (ticker: MO) ...
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Ex-Citadel Executive Dufresne Joins Calamos Investments as COO Dan Dufresne, a former top executive at Citadel LLC who retired from the firm last year, is joining Calamos Investments as chief operating officer. Dufresne's decision to join the Naperville, Illinois-based firm is "an affirmation of our recent accomplishments," ...
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VW Seeks Damages From Ex-Chiefs Over Diesel Scandal Breaches Volkswagen AG has decided to seek damages from two former top executives, alleging breaches of duty in the diesel-emissions scandal that's cost the carmaker more than 30 billion euros ($35 billion). An investigation VW billed as the most extensive and ...
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Magnachip Pops on $1.4-Billion Wise Road Acquisition Magnachip said it has an agreement with South Dearborn Limited and Michigan Merger Sub, which are investment vehicles set up by Wise Road Capital and certain of its limited partners. Under the agreement, shareholders will receive ...
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What Investors Didn't Like About Co-Diagnostics' Q4 Update By the numbers. Co-Diagnostics reported revenue in the fourth quarter of $27.1 million, up 24% quarter over quarter. This result topped the average analyst revenue estimate of nearly $25 million. The company announced Q4 net income of $12.8 million, or ...
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Next chapter: Johnson City Public Library set to reopen in-person services April 19 JOHNSON CITY, Tenn. (WJHL) – One could still hear a pin drop in the Johnson City Public Library (JCPL) Friday, but that will change in just a few weeks. The quiet hum of patron activity is set to return April 19, director Julia Turpin said Friday. It's been a long ...
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Suez Canal Debacle Threatens Expanding Array Of Essentials — Even Toilet Paper The Ever Given remains stuck in the Suez Canal for a fourth day, blocking nearly $10 billion in goods and causing some ships to reroute around the Horn of Africa. The container ship, which is longer than the Eiffel Tower, ran aground following a dust storm ...
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Gilead names Dr. Flavius Martin new head of research, replacing Bill Lee who is retiring after 30 years at company Gilead Sciences Inc. GILD, -0.56% said Friday it has appointed Dr. Flavius Martin as executive vice president of research, with the aim of having him lead the company's research organization from April 12, when Bill Lee retires after three decades at the ...
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Ford v. Montana: Supreme Court on the Scope of Personal Jurisdiction Markkaya Gullett was killed in a Ford Explorer crash near her home in Montana. Gullett's estate sued Ford on a product liability type claims. Ford argued that the state lacks personal jurisdiction over the global auto company.
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Medical marijuana dispensary opens Wednesday in Meadville Rise Meadville will offer a "Roll-Thru" service allowing Pennsylvania medical cannabis cardholders to make reservations in advance and pick up via a drive-through style window. Online reservations and in-store pickup ...
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UPDATED: $1.1 million lands at Danville Regional Airport for upgrades The airpot requested money last year for renovations with Danville's new casino on the way. The airport's award was for one of 40 projects aimed to improve airports across the state, the Virginia Department of Aviation announced in a news release Thursday.
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Unleash the Cash: Bank ETFs May Be About to Let Loose The Federal Reserve damping plans for buybacks and dividend growth due to the coronavirus pandemic also plagued bank stocks. That scenario is poised to change for the better, and it could start happening late in the second quarter.
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Ohio loses jobs 8400 jobs in February; remains below pre-pandemic levels CLEVELAND, Ohio - Ohio lost 8,400 jobs from January to February and is down 314,000 full- and part-time workers from a year ago, before the onset of the coronavirus pandemic, the Ohio Department of Job and Family Services reported Friday.
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Akron METRO RTA to provide free rides to coronavirus vaccine appointments AKRON, Ohio – METRO RTA will offer free transportation to and from COVID-19 vaccination appointments beginning Monday, the Summit County public transit agency announced Friday. Riders must show digital or printed proof of their scheduled vaccine ...
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Tata group stocks cheer SC verdict The group's top performing company Tata Consultancy Services Ltd, however, remained muted in trade · The SC set aside the NCLAT order restoring Mistry as the executive chairman of the conglomerate, while allowing appeals filed by the Tata Group.
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MGM Springfield fined $18000 after underage gambling violations SPRINGFIELD, Mass. — The Massachusetts Gaming Commission (MGC) has fined MGM Springfield $18,000 after three underage violations. The MGC said the incidents happened on December 25 and December 31, 2020 and then on January 20.
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Media firms Athletic and Axios in merger talks SPACs, or black-check companies, have been behind some of the most high-profile public listings in the past year, including electric-vehicle startup Nikola Corp and luxury electric-car maker Lucid Motors.
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Why Texas was not prepared for Winter Storm Uri The February storm left dozens of Texans dead and millions without power—and exposed an aging energy grid unprepared for a changing climate. Can we build something better? ByKara Norton Thursday ...
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Federal Pharmacy Program Adds Locations in Nebraska These sites are all accessible to the public across Nebraska and are vaccinating individuals in the current priority phase, 2A.More pharmacies could become eligible in the future. Nebraskans are cautioned that retail pharmacy doses will ...
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5 Steps For Successful Early Season Soybean Planting Planting soybeans early can boost yield outcome, but that practice alone doesn't guarantee you'll combine more beans next fall. Before you hook up the planter, consider these 5 steps that can help you think through the process and implement sound planting ...
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Coherent Will Merge With II-VI in a $6.3 Billion Deal Lumentum goes home with a $218 million breakup fee, while competing bidder MKS Instruments never had a signed deal. ... Laser equipment maker Coherent (NASDAQ:COHR) has picked a winner in the three-company buyout battle that started in January.
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US household spending fell in February as stimulus boost waned U.S. household spending declined in February and incomes fell as the initial boost from stimulus checks at the start of the year faded. Purchases of goods and services decreased 1 per cent from the prior month, following an upwardly revised 3.4 per cent ...
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Power outages reported as high winds whip through area There are a couple hundred without power in Howland Township as well. As of 7:15 a.m., there were 1,600 customers without power in Mahoning County and 284 in Columbiana County. You can find ...
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EU clears vaccine sites to boost inoculation drive EMA said in statement it had cleared the Halix production site in the Netherlands that makes the AstraZeneca vaccine and a facility in Marburg in Germany producing BioNTech/Pfizer shots. The European Union has blamed massive shortfalls ...
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Scalise grills Dorsey about blocking NY Post article on Hunter Biden Former New York Times reporter and 'Tell Your Children' author Alex Berenson weighs in on Thursday's congressional hearing with Big Tech CEOs, protections for tech giants and online censorship. House Republican ...
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Delta Expanding In Iceland This Summer The route will be operated by a domestically configured Boeing 757-200, featuring 193 seats. The first class cabin will be sold as Premium Select (the name of Delta's premium economy product), and then there will be Comfort+ and Main Cabin as well.
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