Google Alert - finance

	finance As-it-happens update ⋅ May 21, 2021
	NEWS
	Bloomberg Private Equity Fumes Over Higher Taxes and Threat to End Billionaires' Loophole Bloomberg After years of idle threats, Washington is talking seriously about ending the tax break that has helped private equity become one of the most lucrative corners of U.S. finance. Adding to the injury, other taxes on income and capital gains would also rise. Flag as irrelevant
	The New York Times Soaring Prices Herald Boom Time for Steel Makers The New York Times A rebounding economy and Trump-era tariffs have helped drive the price of domestic steel to record highs. Flag as irrelevant
	Reuters Dollar higher on upbeat US manufacturing data; weekly loss on cards Reuters The dollar has given back much of the advance it made after a mention in minutes from the Fed's April monetary policy meeting of possible future discussions on paring back stimulus, raised hopes U.S. interest rate raises might come earlier than previously ... Flag as irrelevant
	Reuters US manufacturing activity powers ahead in early May; work backlogs rising - survey Reuters WASHINGTON (Reuters) - U.S. factory activity gathered speed in early May amid strong domestic demand, but backlogs of uncompleted work are piling up as manufacturers struggle to find raw materials and labor, boosting costs for both businesses and ... Flag as irrelevant
	Forbes If Biden Doesn't Cancel Student Loan Debt, Could He Do This Instead? Forbes Biden had proposed to make all federal student loans and all repayment plans qualify for PSLF, rather than limiting relief to Direct loans that are repaid under income-driven repayment plans, as is currently the case. Flag as irrelevant
	Bloomberg New Gas Plants Will Spew Carbon Long Past Biden's 2035 Deadline Bloomberg The new gas plant, and others like it, has a 40-year lifespan. That means it will still be there in 2035, the year that President Joe Biden has promised a zero-emission electricity sector, and in 2050, the deadline set by its owner, Southern Co., to reach carbon ... Flag as irrelevant
	CNBC From anti-Tesla design to huge frunk: 5 things to know about the electric Ford F-150 Lightning CNBC The automaker did everything it could to make the vehicle appealing to pickup truck customers – from its price to functionality and design. It also added some surprising features that would not be possible with a gas- ... Flag as irrelevant
	Forbes Morgan Stanley Stock Is Trading Above Its Near Term Potential Forbes Notably, the equity underwriting revenues grew almost 3.5x y-o-y, mainly driven by higher deal volumes of IPOs, blocks, and follow-on offerings. Further, the bank witnessed strong asset growth in both wealth management and investment management ... Flag as irrelevant
	Forbes Colonial Pipeline: What Payment For Ransomware Piracy? Forbes Soon after ransomware pirates breached and froze pipeline operations on May 7, gas pumps throughout the Eastern U.S. began running dry. Shortages particularly hit southeastern and mid-Atlantic states. Unsure of the attack's extent or ... Flag as irrelevant
	CNBC Dow climbs more than 200 points, S&P 500 bounces back into the green for the week CNBC The Dow Jones Industrial Average climbed 230 points, while the S&P 500 rose 0.4%. The Nasdaq Composite erased earlier gains and dipped into negative territory as Big Tech stocks rolled over. With Friday's ... Flag as irrelevant
	Bloomberg JetBlue Founder's New Airline Debuts Next Week as Travel Revives Bloomberg Neeleman, who founded JetBlue Airways Corp., is wagering that cheap, nonstop flights between carefully selected midsize cities will enable Breeze to carve out a market niche. But as airlines hammered by the coronavirus pandemic battle ... Flag as irrelevant
	MarketWatch Oatly aims to convert cow's milk drinkers in pursuit of sales, and a better planet MarketWatch Framed by a backdrop that said "post-milk generation," Oatly Group AB Chief Executive Toni Petersson reiterated his company's mission to help save the environment and grow the number of people who are choosing Oatly over traditional cow's milk. Flag as irrelevant
	Yahoo Tech China says TikTok's creator and LinkedIn are violating data privacy laws Yahoo Tech The South China Morning Post reports that the Chinese government has named and shamed 105 apps for allegedly violating laws and privacy through their data collection and usage. ByteDance caught flak for Douyin, the China-oriented equivalent to TikTok, ... Flag as irrelevant
	PCMag.com How to Pay with Cryptocurrency on Amazon Prime Day PCMag.com With many people now holding Bitcoin, Ethereum, and other cryptocurrency coins, Amazon's annual shopping bonanza offers an opportunity to exchange those assets for hard goods. We show you the best ways to buy with crypto on Prime Day. Flag as irrelevant
	Bloomberg Deere Lifts Profit Outlook on Surging Farm Sector Demand Bloomberg Deere & Co., the largest maker of agricultural machinery, boosted its full-year fiscal outlook as surging crop prices and the broader upswing in commodities boosted consumer demand for new equipment. Shares jumped the most since March 5. The Moline ... Flag as irrelevant
	Reuters India and Pfizer hit impasse over vaccine indemnity demand -sources Reuters NEW DELHI/NEW YORK (Reuters) -Pfizer and the Indian government are at loggerheads over a demand by the U.S. drugmaker for legal protection from any claims linked to the use of its COVID-19 vaccine in one of the world's biggest markets, two sources ... Flag as irrelevant
	CNBC April existing home sales drop, marking three straight months of declines CNBC Sales of existing homes dropped 2.7% in April from March; The supply of homes for sale at the end of April was down 20%. The median price of an existing home sold in April was $341,600, an increase of 19.1% from April 2020. Daniel Acker | Bloomberg ... Flag as irrelevant
	CNN Cryptocurrencies crashed this week. Digital coins are still the future CNN Ethereum's 27-year-old founder says we're in a crypto bubble. Did it just burst? Flag as irrelevant
	CNBC Virgin Galactic soars ahead of weekend test flight, but these two investors have a warning CNBC Gina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors, says the market appetite has also turned against stocks like Virgin. "It had its stumbles where they disclosed that they were having ... Flag as irrelevant
	USA TODAY More electric car charging stations needed to juice EV sales: Is Biden's 500000 proposal on target? USA TODAY So, anyone who's ever run low on gas without knowing whether there's a gas station nearby knows what it's like to drive an electric car that's low on battery power. After all, do you know where your closest charging station is? Flag as irrelevant
	Reuters Delta Air names GE exec Janki as CFO Reuters Janki, who has served in a variety of senior roles at GE during his 25-year stint with the conglomerate, will join Delta Air in July and have an initial annual base salary of $650,000. Flag as irrelevant
	U.S. News & World Report Tribune Shareholders to Vote on Hedge Fund Alden's Bid U.S. News & World Report Shareholders of Tribune Publishing, one of the country's largest newspaper chains, will vote Friday on whether to be acquired by a hedge fund that already owns one-third of the company and favors aggressive cost-cutting to boost profits. By Associated Press. Flag as irrelevant
	Reuters Ontario moving forward with second doses of AstraZeneca vaccine Reuters Ontario is moving forward with administering second doses of AstraZeneca's COVID-19 vaccine, after it paused its rollout of the vaccine due to concerns around blood clots, the province's chief medical officer announced on Friday. Ontarians who received ... Flag as irrelevant
	CNBC European markets close higher as PMI data hits three-year high; Richemont shares jump 5% CNBC Earnings on Friday came from Nationwide Building Society and Richemont. U.K. retail sales jumped 9.2% in April, double the average projection in a Reuters poll of economists, official data showed Friday, indicating that pent-up consumer demand is ... Flag as irrelevant
	USA TODAY McDonald's sued for $10 billion by Byron Allen-owned networks, alleging racial discrimination in ad spending USA TODAY A new $10 billion lawsuit alleges McDonalds engaged in racial discrimination by refusing to advertise on the networks of Entertainment Studios and Weather Group, which are owned by Black media entrepreneur Byron Allen and includes networks such as ... Flag as irrelevant
	CBS News High-speed emergency bathroom run lands Japanese "bullet train" driver in hot water CBS News The train departed Tokyo Station at 7:33 a.m., bound for Shin-Osaka station, one of the busiest and most lucrative train routes in the world. At 8:14, outside the city of Odawara southwest of Tokyo, the driver suffered a bout of abdominal distress. Flag as irrelevant
	CNBC Medical cannabis firm backed by Snoop Dogg begins trading in London CNBC The British company raised gross proceeds of £16.5 million ($23.4 million) in its initial public offering, with a starting market cap of just over £48 million ($69.1 million). Snoop Dogg has invested in multiple cannabis start-ups including OCT through his venture ... Flag as irrelevant
	Motley Fool 3 Reasons Never to Max Out Your Credit Cards Motley Fool The consequences could go beyond just the impact on that credit card. When you get a credit card, your card issuer will give you a limit on how much you can spend. For example, you may be given a $5,000 credit limit when you apply for a new card. While it ... Flag as irrelevant
	Bloomberg Xinyi Solar, BYD Added to Hong Kong Stock Gauge in Overhaul Bloomberg The index compiler is also lowering the weighting of some of the biggest stocks to as much as 8%. As of Friday's close, AIA Group Ltd., Tencent Holdings Ltd. and HSBC Holdings Plc were all above that threshold, according to Bloomberg data. Flag as irrelevant
	CNN Elon Musk says Tesla is considering a plant in Russia CNN Moscow (CNN Business) Elon Musk said on Friday Tesla may soon come to Russia. "I think we're close to establishing Tesla presence in Russia and that would be great. And more broadly, also in Kazakhstan and neighboring regions. It's important for us to ... Flag as irrelevant
	Bloomberg China Should Let Yuan Gain to Offset Price Surge: PBOC Official Bloomberg "As an important consumer of commodities globally, China is inevitably impacted by international market prices through imports," Lyu Jinzhong, director of the research and statistics department at the central bank's Shanghai branch, wrote in an article published ... Flag as irrelevant
	Motley Fool Why Urban One Stock Is Down 13% -- For Now Motley Fool Shares of Urban One (NASDAQ:UONEK) are bouncing all over the place in morning trading Friday. Yesterday, the media company's stock spiked 29% higher when its casino proposal was accepted by Richmond, Virginia, gaming officials. Flag as irrelevant
	Motley Fool Netflix Has 30% Upside, but It Needs to Fight for Every Subscriber, Says Analyst Motley Fool Evercore ISI analyst Mark Mahaney told investors in a research note he surveyed some 1,700 consumers about Netflix and found more than half, or 55%, were "extremely" or "very" satisfied about the service they received from the streamer. Flag as irrelevant
	Barron's Tesla's New Plaid Model Is Ready. That Should Help the Stock. Barron's CEO Elon Musk tweeted out Thursday that his company will host a delivery event for the Plaid model of its Model S electric car on June 3. That is a milestone investors who are bullish on Tesla stock have been waiting for, but it isn't the most important one. Flag as irrelevant
	Reuters RWE and BASF plan $4.9 billion wind power project Reuters FRANKFURT (Reuters) - Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro ($4.9 billion) offshore wind power project to cut emissions at Germany's most energy-intensive industrial site. As part of the project, which ... Flag as irrelevant
	CNBC Here are the new top stock picks of hedge funds, according to Goldman Sachs CNBC The so-called hedge fund "very important position" portfolio contains 50 stocks that appear most often on the top 10 holdings of fundamentally-driven hedge funds, according to the firm. Goldman analyzed quarterly regulatory filings from 807 hedge funds with ... Flag as irrelevant
	Aviation Today New Legislation Could Give Tax Benefits to US Airlines for Using Sustainable Aviation Fuel Aviation Today Alaska Airlines has been participating in various initiatives to develop and test sustainable aviation fuels, such as the November 2016 flight powered by a 20 percent blend of biofuel made from forest residuals pictured here. But the carrier's ... Flag as irrelevant
	Investor's Business Daily Nvidia Stock Pops On 4-For-1 Stock Split, Earnings Expectations Investor's Business Daily Graphics-chip maker Nvidia (NVDA) on Friday announced a four-for-one stock split, just days before it releases its fiscal first-quarter results. Nvidia stock jumped on the news. The Santa Clara, Calif.-based company said the stock split will make its shares more ... Flag as irrelevant
	CNET Mazda6 sedan and CX-3 crossover won't live to see 2022 CNET The Mazda6 is an enthusiast's pick among midsize sedans, with sharp steering and great chassis refinement, and it's a seriously pretty car, too. But buyers in this space much prefer things like passenger space, fuel ... Flag as irrelevant
	The Real Deal Procore raises $635M in long-awaited IPO The Real Deal The proptech offers software that enables all parties on a construction project — contractors, owners and architects — to connect via the cloud. The company has over 10,000 customers, including big landlords such as Brookfield and Lennar, according to ... Flag as irrelevant
	WWLTV.com Hotel owner sues Holiday Inn Express company claiming "unlawful, abusive and fraudulent" practices" WWLTV.com The lawsuit filed in Federal Court in New Orleans on Thursday alleges unfair practices and even a kickback scheme. The Holiday Inn Express in Laplace is one of the estimated 5,600 hotels operated by Intercontinental Hotels Group or IHG as it's referred to in ... Flag as irrelevant
	CNBC SEC chair Gensler says agency will enforce rules 'aggressively' against bad actors CNBC Securities and Exchange Commission Chair Gary Gensler said he would be aggressively pursuing bad financial actors who were "playing with working families' savings." Gensler made his remarks at a Financial Industry Regulatory Authority conference with ... Flag as irrelevant
	Patch.com Man Had Cocaine On Flight That Was Diverted To Minneapolis: Feds Patch.com MINNEAPOLIS — A New York man is accused of having narcotics on a flight from New York City to San Francisco, and his behavior caused the flight to be diverted to the Minneapolis-St. Paul International Airport, according to the Federal Bureau of ... Flag as irrelevant
	Barron's Foot Locker's Sales Came Back Strong. It's Still Unsure on the Outlook. Barron's After adjusting for one-time events, Foot Locker earned $1.96, while analysts surveyed by FactSet had expected earnings of $1.12 per share and $1.9 billion in sales. In last year's fiscal first quarter, Foot Locker lost $110 million. Flag as irrelevant
	Bloomberg In Our View: Lumber crunch expected to be temporary The Columbian Just as the United States is coming out of the woods of the pandemic, it is running out of wood. Skyrocketing lumber prices have been one of the unexpected results of the coronavirus pandemic. As Levi Means of Parr Lumber told The Columbian: "There have ... Flag as irrelevant
	CNBC Deutsche Bank says bitcoin's gone from 'trendy to tacky.' Here's what it expects to happen next CNBC On Thursday, bitcoin bounced back above $40,000 as the crypto market attempted to recover. Bitcoin was last trading 1% lower at a price of $39,703 on Friday, according to Coin Metrics data. Deutsche Bank ... Flag as irrelevant
	The Guardian WeWork's losses quadruple to $2.1bn as work from home policies halve revenue The Guardian Move to flexible working during Covid pandemic drives 30% fall in customers at office-sharing company. Signage advising people to maintain a two-metre physical distance is seen at a WeWork. WeWork office space in the City of London. The company's ... Flag as irrelevant
	The Verge Apple employees call for company to support Palestinians in internal letter The Verge Apple employees are circulating an internal letter calling on Tim Cook to put out a statement supporting the Palestinian people. Nearly 1,000 workers have signed. The writers, who are part of the Apple Muslim Association, specifically ask the company to ... Flag as irrelevant
	Economic Times US defended Amazon after report that the etailer bypassed India laws Economic Times A day after Reuters' report on Amazon bypassing Indian laws, US officials prepared a note for John Kerry which said that CCI had reviewed many such allegations against US e-commerce companies and found nothing wrong. Flag as irrelevant
	Mobile Europe Liberty Global risks losing way with 'AtlasEdge' data center plan Light Reading Spinning off property assets has quickly become the latest craze among Europe's debt-burdened telcos. The usual gambit involves the towers that operators decorate with mobile network equipment. But Liberty Global – a relatively towers-light cable operator ... Flag as irrelevant
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