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Oil prices mixed as US crude inventory draw supports, OPEC+ concerns weigh NEW YORK (Reuters) -Oil prices were mixed on Wednesday, supported by a draw in U.S. crude inventories but pressured by concerns about the market's recovery after OPEC and its allies lowered their 2021 demand growth forecast. FILE PHOTO: A worker ...
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Oil prices up as EIA reports the first weekly fall in crude supplies in 6 weeks Oil futures traded higher Wednesday after U.S. government data showed a weekly decline in crude supplies, contradicting expectations for a modest climb and marking the first fall in six weeks. As U.S. Gulf Coast refineries continue to rebound from last ...
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Credit Suisse Executives Under Scrutiny for Serial Miscues Credit Suisse Group AG is still tallying the losses from its relationship to Lex Greensill and Bill Hwang's Archegos Capital Management. But attention is likely to soon turn to accountability for a management team stung by serial fiascos. The bank has ...
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Goldman Close to Offering Bitcoin to Wealth Management Clients During the cryptocurrency's 2017 surge, they largely remained on the sidelines. Many compared the cryptocurrency to tulip mania. Warren Buffett called Bitcoin a "mirage" and JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said it was a "fraud" ( ...
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World's Biggest Wind Farm May Be Answer to Korea's Net-Zero Dream The fishing grounds where Jung Kuenbae and his forbears have caught shrimp, butterfish and croakers for three generations are going to be turned into the world's largest offshore wind farm. He's OK with that. "I initially opposed the idea when the plan was ...
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Why Amazon-backed food delivery app Deliveroo flopped in its market debut Deliveroo shares plunged around 30% shortly after the London Stock Exchange opened Wednesday. The food delivery app — founded and led by American entrepreneur and former Morgan Stanley analyst Will Shu — has become one of the best-known ...
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US private payrolls post biggest gain in six months; housing market cooling WASHINGTON (Reuters) - U.S. private employers hired the most workers in six months in March as more Americans got vaccinated against COVID-19, pushing the economy towards a broader reopening, which is expected to unleash a strong wave of pent-up ...
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Why Amazon's Union Vote Matters The vote in Alabama is a temperature check on beliefs about Amazon and labor unions in the United States.
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Hitachi to Buy Software Firm GlobalLogic for $8.5 Billion Hitachi Ltd. will pay $8.5 billion for U.S. software development company GlobalLogic Inc., a move that could help the Japanese firm expand its technology services business. The size of the deal will increase to $9.6 billion when debt is included, Hitachi said in ...
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NFT Mania Subsides After Breakout Month of Sales For the digital art market, there really was no direction to go other than down. Weeks after non-fungible token mania reached a crescendo with the record breaking $69.3 million Beeple auction at Christie's, sales figures across online marketplaces for digital art ...
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Huawei's business damaged by US sanctions despite success at home Huawei has also tried to explain more about its ownership structure arguing that it will not allow interference from the Chinese state. Mr Hu described 2020 as a year of challenges, ...
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Coursera begins trading at $39 per share, stock pops 18% Education tech company Coursera made its market debut Wednesday on the New York Stock Exchange through an IPO and is now trading under the ticker symbol "COUR." The company's stock began trading at $39 apiece, higher than Tuesday's pricing of ...
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GM CEO Barra fights back against racist label after second ad runs In it, seven leaders of Black-owned media companies, including media mogul Byron Allen whose company owns the Weather Channel and other broadcast outfits, called Barra racist for refusing to meet with them and for not allocating more of GM's advertising ...
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Community Brewing Ventures Announces Q1 Brand Partnerships Founded in 2020 by the owners of D9 Brewing Company and a team of investors and craft beer experts, CBV is focused on elevating small and medium-sized breweries over the hurdles and challenges of growing in a highly competitive market. CBV is not ...
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Michigan's first gluten-free brewery to open this summer GRAND RAPIDS, MI- Something new, and pretty exciting, is about to happen to the vibrant beer scene in Michigan. Brewery Nyx is planning on a summer opening in Grand Rapids, and this brewery is offering up something completely different. Business ...
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Goodbye empty middle seats. Delta is selling the whole plane starting May 1 New York (CNN Business) The empty middle seat on airplanes, one of the few advantages of pandemic, is about to disappear. Delta Air Lines (DAL), the last remaining US airline to keep middle seats unbooked, has lifted that prohibition as of May 1, the ...
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Why Aphria, Aurora Cannabis, and Green Thumb Industries Stocks Jumped Wednesday New York's governor, Andrew Cuomo, said he would sign the legislation, which will make New York the 15th U.S. state to legalize adult recreational marijuana use. (The District of Columbia has also done so.) ...
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Top Nickel Miner Vale Turns Page on 14-Year Caledonian Foray Vale SA, the biggest producer of mined nickel, closed a deal to divest its underperforming New Caledonian mine to a group that includes the operation's managers and workers. The divestment will allow operations to continue and gives Vale the right to a ...
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FTC aims to thwart Illumina's multibillion-dollar quest for Grail Therein lies the rub. The FTC said this vertical merger could harm the development of other multi-cancer early detection tests, as Illumina would have the ability to raise the price of its hardware for Grail's potential competitors.
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Mortgage and Refinance Rates Today, March 31st, 2021 – Rates down across the board Jumbo mortgage rate retreats. is 3.26 percent, a decrease of 11 basis points since the same time last week. Last month on the 31st, the average rate for jumbo mortgages was lesser, at 3.14 percent. At today's average jumbo rate, you'll pay principal and interest ...
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US farmers to plant fewer corn, soybean acreage than expected: USDA CHICAGO (Reuters) - Estimates by the U.S. Department of Agriculture (USDA) for corn and soybean plantings on Wednesday missed analyst expectations, sending futures prices for both commodities up sharply. Farmers plan to sow 91.144 million acres with ...
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Pfizer Says Its COVID Vaccine Is Very Effective in Kids as Young as 12 "We share the urgency to expand the authorization of our vaccine to use in younger populations and are encouraged by the clinical trial data from adolescents between the ages of 12 and 15," Pfizer Chairman and CEO Albert Bourla said in the news release.
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AstraZeneca's COVID vaccine faces new round of restrictions—even after the EMA's renewed backing Several countries stopped using AstraZeneca's COVID-19 shot earlier this month after reports of rare blood clots following vaccination. The European Medicines Agency sought to add clarity to the issue after an urgent safety review, but now regulators are ...
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Staples Can't Stop Trying to Buy Office Depot Staples just can't quit Office Depot (NASDAQ:ODP). Time and time again, the office supplies giant has tried to buy its rival and failed, often because the government prevented it over antitrust concerns, but more recently because Office Depot itself said no.
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'Cool but weird.' Macy's store transformed into school BURLINGTON, Vt. — Students who once shopped at a downtown mall in Burlington, Vermont, are now attending high school in the former Macy's department store, with gleaming white tile floors and escalators whisking them to and from classes. Support our ...
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Easter eats: Find brunch, picnics to-go and desserts for Easter celebrations in Austin Many are going beyond the traditional brunch menu and offering picnic baskets, reheatable meals and dessert boxes in light of pandemic caution. There's a fair share of restaurants with dine-in options, too.
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Pfizer breaks ground on $450 million expansion in Portage Pfizer officials broke ground Wednesday, March 31, on a new production facility in Portage expected to bring hundreds of new jobs to the region. The new facility, "one of the world's most ...
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Google, BMW, Volvo, and Samsung SDI sign up to WWF call for temporary ban on deep-sea mining (Reuters) - Google, BMW, Volvo and Samsung SDI are the first global companies to have signed up to a World Wildlife Fund (WWF) call for a moratorium on deep-sea mining, the WWF said on Wednesday. FILE PHOTO: Black coral species Umbellapathes ...
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Apple invests in music startup UnitedMasters Apple is making more moves in the music industry. Angela Lang/CNET. Apple has struck a chord with UnitedMasters, a music distribution platform that says it wants to help independent artists maintain control of their work while expanding their reach.
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Why Kimberly-Clark's Price Hikes Are an Inflation Red Flag The middle-to-high single-digit increases, says the maker of Huggies diapers, Kleenex and Scott-brand toilet paper, "are necessary to help offset significant commodity cost inflation." They'll go into effect in June.
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Why Romeo Power Stock Is Getting Zapped Today What happened. Shares of Romeo Power (NYSE:RMO) were down sharply in trading on Wednesday morning. The California-based maker of battery packs for electric trucks and buses reported 2020 earnings and provided 2021 guidance that fell short of Wall ...
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Oracle aims to take the headache out of cloud migration Cloud Lift is designed to accelerate migrations and act as a "seamless path to the cloud," said Oracle Cloud Infrastructure SVP Vinay Kumar. In essence, it "provides a single point of contact for all ...
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Target to open small-format store on King Street in downtown Charleston A major national retailer is bringing one of its smaller-format stores to a high-profile vacant space in downtown Charleston. Target Corp. is leasing 30,000 square feet in the Majestic Square building at 211 King St. that formerly housed Forever 21, the property ...
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Chewy Stock Is Surging. More Pet-Food Shoppers Headed Online. For the fiscal fourth quarter ended Jan. 31, Chewy (ticker: CHWY) reported revenue of $2.04 billion, up 51% from a year earlier, and ahead of the Wall Street analyst consensus estimate for $1.96 billion. Earnings were 5 cents a share, ahead of the Street's ...
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Home Sales Could Keep Falling. Demand Isn't the Problem. Existing home sales could be headed for an extended slowdown—and the reason has nothing to do with waning demand, according to the National Association of Realtors. The trade group's seasonally-adjusted pending home sales index—a gauge of future ...
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Why Investors Really Liked Walgreens Boots Alliance's Q2 Update Walgreens Boots Alliance (NASDAQ:WBA) got hit hard by the COVID-19 pandemic last year, with its shares sinking 32%. However, the pharmacy giant is off to a great start in 2021. And the year is getting even better. The company announced its fiscal 2021 ...
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2018-2020 Acura and Honda Models Recalled Due to Potential Fuel Pump Failure The recalled 2018-2020 cars, minivans, and SUVs may have fuel pumps with defective parts that could prevent an engine from starting or cause the engine to stall while driving, potentially increasing the risk of a crash. A serious problem may cause a warning ...
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Amazon expects employees back in their offices by autumn Amazon told employees Tuesday in a companywide announcement that it is planning a "return to an office-centric culture as our baseline," signaling that the Seattle-based commerce giant is not planning to embrace a hybrid workplace. The transition away ...
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Whataburger planning to expand to Colorado Springs Well, whaddaya know? You must subscribe. Xibubcvshfs, uif Ufybt-cbtfe ibncvshfs dibjo uibu sjwbmt Jo-O-Pvu Cvshfs gps dvmu-mjlf gpmmpxfst, qmbot up fyqboe up Dpmpsbep Tqsjoht jo xibu xpvme cf uif mbuftu beejujpo pg bo vcfs-qpqvmbs gbtu-gppe ...
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LIST: Easter events happening in East Tennessee Zoo Knoxville will host the Big Egg Hunt on Saturday, April 3 from 8 a.m. to 9 a.m. Thousands of eggs will be hidden along the pathways, including golden eggs that have exciting prizes including Zoo memberships and rides on the Fuzzy-Go-Round Carousel ...
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COVID-19 update: Allegheny County reports 10 new deaths, 418 new cases The state health department also reported an additional 44 deaths, bringing Pennsylvania's death toll to 25,093. Allegheny County accounted for 10 of the state's new virus-related deaths. Since the pandemic began, 1,772 people ...
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Capital One Boosts Bonus on Venture Card The Capital One Venture Rewards Credit Card launched a new, limited-time promotion on March 31, offering new cardholders up to 100,000 bonus miles. The minimum spending requirement is high but spread out over 12 months, making it obtainable even ...
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Spirit Airlines offers new nonstop from Dallas to favored Mexico beach There's a new nonstop going out of Dallas-Fort Worth International Airport to one of the most popular vacation destinations in Mexico. Spirit Airlines is continuing its international expansion by adding Licenciado Gustavo Diaz Ordaz International Airport (PVR) ...
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This Is Why Pfizer Is a Great Stock to Buy Right Now Pfizer's (NYSE:PFE) development of Comirnaty -- a vaccine against COVID-19 -- dominated conversations about the company last year. It continues to be what analysts and financial pundits talk about the most when discussing the company. However, the real ...
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Sabra Recalls Over 2000 Cases of Hummus for Possible Salmonella Contamination Snack food purveyor Sabra Dipping Company, LLC has issued a voluntary limited recall for upwards of 2,000 cases of its Classic Hummus, with a message from the Food and Drug Administration (FDA) saying the dip was possibly contaminated with ...
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Biden Infrastructure Plan Could Be Boon For These EV Stocks President Joe Biden's $2.5 trillion infrastructure plan calls for massive investments in electric vehicles and related technologies, a potential boon for EV stocks like Tesla (TSLA) as well as charging station operators ChargePoint (CHPT) and Blink Charging ...
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Apple to Build Battery-Based Solar Energy Storage Project in California Apple said the project will store 240 megawatt-hours of energy, or enough to power more than 7,000 homes for one day. It is located next to the California Flats solar installation in southeastern Monterey County, about 100 miles southeast of Apple's Cupertino, ...
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Wayfair to open 1.2 million-square-foot distribution center in Harford County Online home furnishings giant Wayfair will open a 1.2 million-square-foot distribution center at MRP Industrial's Eastgate Logistics Park in Harford County as the state's strong industrial market continues to gain steam. The facility in Aberdeen will result in more ...
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Virgin Galactic unveils mirror-coated space plane known as 'Spaceship III' Virgin Galactic, the space tourism firm that hopes to send its first customers to space next year, unveiled a new spacecraft design on Tuesday. The sleek new space plane has a reflective coating that the company calls "mirror-like," and says will add to space ...
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Publix to open appointments for COVID-19 vaccinations at local stores AUGUSTA, Ga. (WRDW/WAGT) - Starting at 7 a.m. Thursday, the online appointment reservation system will open for Moderna COVID‑19 vaccination appointments at 142 Georgia and 62 South Carolina locations. Those include stores in Richmond, ...
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