Google Alert - finance

	finance As-it-happens update ⋅ May 28, 2021
	NEWS
	Reuters Brent ends at two-year high as demand outlook counters supply fears Reuters NEW YORK (Reuters) -Oil prices ended the week more than 5% higher, with global benchmark Brent edging up on Friday to settle at a two-year high, as strong U.S. economic data and expectations of a rebound in global demand outweighed concerns about ... Flag as irrelevant
	The New York Times How Exxon Lost a Board Battle With a Small Hedge Fund The New York Times Early this year, leaders of Exxon Mobil, the vast oil company descended from the Standard Oil empire, found themselves in an unusual situation: defending the oil giant against a tiny activist investor calling for a major shake-up in the name of climate change. Flag as irrelevant
	Forbes $440 Million Circle Investment Is The Largest Crypto Round In History Forbes The payments and treasury infrastructure provider best known as one of the principal developers of the $22 billion stablecoin USDC raised $440 million from a large group of institutional and strategic investors. Circle's platform has supported more than 100 ... Flag as irrelevant
	The New York Times A Worker-Owned Cooperative Tries to Compete With Uber and Lyft The New York Times Now, dissatisfied drivers and labor advocates are forming worker-owned cooperatives in an attempt to take back some of the money — and power — in the gig economy. Flag as irrelevant
	Washington Post USPS raises stamp price to 58 cents as part of DeJoy's 10-year plan Washington Post The U.S. Postal Service is raising rates on letters, magazines and marketing missives as much as 6.9 percent this summer, sending the cost of a first-class stamp from 55 to 58 cents, as it leans into an expansive restructuring plan that codifies slower mail ... Flag as irrelevant
	Reuters Wall Street shakes off inflation rise and closes higher Reuters U.S. stocks climbed on Friday as investors brushed off a stronger-than-expected inflation reading, as both the Dow (.DJI) and S&P 500 (.SPX) indexes clinched their first weekly gain in the past three weeks. Consumer prices, as measured by the personal ... Flag as irrelevant
	CNBC Tesla starts using cabin cameras to make sure drivers are paying attention CNBC The camera-based driver monitoring system was switched on in Model 3 and Model Y vehicles after Tesla modified these to exclude radar sensors, and delivered some without key advanced driver safety features switched on. The ... Flag as irrelevant
	MarketWatch Costco is slowly bringing back food sampling and food court dining MarketWatch "I'm happy to report that over the next couple of weeks, we're beginning a phased return to full sampling," said Richard Galanti, chief executive of Costco, on the company's late Thursday earnings call, according to a FactSet transcript. Flag as irrelevant
	CNBC Colonial Pipeline says it is experiencing network issues CNBC Colonial Pipeline, the nation's largest fuel pipeline, on Friday said it is experiencing network issues, just weeks after a ransomware attack crippled fuel delivery for several days in the United States. It is unclear how widespread Friday's issues are, as the line ... Flag as irrelevant
	Nasdaq Ollie's Delivers Solid Q1 Earnings; Shares Pop 9% Nasdaq Ollie's Bargain Outlet Holdings, Inc. (OLLI) delivered solid first-quarter results driven by the company's continued ability to create strong alignment between its value-driven merchandise assortment and customer demand. Shares were trading around 9% ... Flag as irrelevant
	CNN Bitcoin is tumbling at the end of its worst month in nearly 10 years CNN New York (CNN Business) Bitcoin investors have sold in May. It remains to be seen if they're going away for good. Bitcoin prices (XBT) fell 8% Friday and have plunged about 36% in May — their worst monthly performance since September 2011. A steady ... Flag as irrelevant
	ABC News Distribution of Eli Lilly COVID-19 therapy paused in 8 states over variant concerns ABC News ABC News' Bob Woodruff looks at how effective existing vaccines are against variant strains of the coronavirus and how long vaccine protection may last. Federal ... Flag as irrelevant
	Forbes White House Releases Biden's $6 Trillion Budget—Here's What's In It Forbes The White House on Friday released President Biden's $6 trillion budget proposal for the 2022 fiscal year beginning Oct. 1, making the case that those record expenditures are needed to ensure a lasting recovery and protect American competitiveness in the ... Flag as irrelevant
	Forbes What The EEOC's Updated Covid Guidelines Mean For Business Leaders Forbes The U.S. Equal Employment Opportunity Commission (EEOC) today announced their updated and expanded guidelines concerning Covid-19 vaccination requirements and incentives for employees. The guidelines address several pandemic-related issues ... Flag as irrelevant
	Forbes Stock Market: Growth Stocks On Discount Forbes Dow Jones futures, S&P 500 futures, and Nasdaq futures all dropped marginally on Wednesday. Big Tech and small caps performed well, leading the stock market to rally modestly. The stock prices of NVDIA NVDA +4.9% and Ford rose while Tesla lagged ... Flag as irrelevant
	Motley Fool 5 Reasons I Regret Buying Cathie Wood's ARK Innovation ETF Motley Fool I bought a new position in Cathie Wood's flagship exchange-traded fund, the ARK Innovation ETF (NYSEMKT:ARKK), back in February. At the time, I thought it was a good way to gain some diversified exposure to higher-growth stocks that I didn't want to start ... Flag as irrelevant
	Hawaiipublicradio Hawaiian Airlines Ends Service From Oahu to Molokai, Lanai U.S. News & World Report WAILUKU, Hawaii (AP) — Hawaiian Airlines is ending service between Honolulu and the rural islands of Molokai and Lanai in Maui County. Citing significant cost and an inter-island travel market that has been limited by restrictions due to the pandemic, ... Flag as irrelevant
	CNBC Dr. Scott Gottlieb: Covid risk should be low in the US this summer but will rise in the fall CNBC Instead, the former FDA chief said, "I think that we should declare a near-term victory.". Flag as irrelevant
	WFLA State's cases rise by 2338, same as day before; deaths' increase 41 vs. 86 WPTV.com Also, the state's daily first-time positivity rate remained below the target 5 percent for the 19th day in a row, at 3.06, the lowest since last June, and Palm Beach County was below the rate for 23 consecutive days at 3.47 percent. Flag as irrelevant
	Austin American-Statesman Firefly Aerospace plans to add 680 jobs in Cedar Park Austin American-Statesman Firefly Aerospace, a Cedar Park-based rocket maker, is expanding its operations in the suburb north of Austin and adding more than 600 jobs, with the help of $4.3 million in taxpayer-funded incentives. Firefly is among an emerging group of launch providers ... Flag as irrelevant
	Reuters EU regulator backs Pfizer-BioNTech COVID-19 vaccine for adolescents Reuters Inoculating children and young people is considered a critical step toward reaching "herd immunity" and taming the pandemic, and Japan on Friday joined the countries with a go-ahead for Comirnaty in 12-year-olds. Flag as irrelevant
	Motley Fool Why Virgin Galactic Stock Is Closing This Week Strong Motley Fool Shares of space tourism pioneer Virgin Galactic (NYSE:SPCE) are looking to close the week on a high note Friday -- up 8.3% already at 10 a.m. EDT, after spiking more than 15% yesterday. Flag as irrelevant
	Bloomberg Amgen Lung-Cancer Drug That Targets Mutation Cleared in US Bloomberg The Food and Drug Administration clearance, while only for a small group of patients, is a milestone for oncology. The drug is the first to directly target a mutant gene called KRAS G12C that's present in about 13% of non-small-cell lung cancers. Flag as irrelevant
	U.S. News & World Report Gas to Hit Highest Memorial Day Weekend Prices in Seven Years, AAA Reports U.S. News & World Report As gas prices continue to rise, people fill-up at a gas station in. The U.S. is still feeling the effects of the gas price surge from earlier this month when there was a ... Flag as irrelevant
	CNBC After a week of setbacks for Big Oil, France's Total wins support for its climate strategy CNBC A logo on storage silos at the Total SE Grandpuits oil refinery in Grandpuits-Bailly-Carrois, France, on Thursday, May 27, 2021. Cyril Marcilhacy | Bloomberg | Getty Images. Flag as irrelevant
	MarketWatch Centessa Pharmaceuticals Shares Up 18% on First Day of Trade MarketWatch Centessa Pharmaceuticals Plc shares were up 18% at $23.50 on their first day of trading. Volume for the stock was 2.3 million shares at 1:15 p.m. ET. The stock opened at $20.25 a share, and traded as high as $24.50 a share. Earlier Friday, the company ... Flag as irrelevant
	Reuters Britain approves J&J COVID-19 vaccine, cuts order Reuters "This is very welcome news and another boost to our hugely successful vaccination programme," Prime Minister Boris Johnson said on Twitter. Britain has given two ... Flag as irrelevant
	The Verge Just over a week after relaunching verification, Twitter is pausing verification The Verge Twitter relaunched its verification program last week, allowing anyone to apply for a blue check mark, but the company is pausing accepting new applications because of the volume of applications it has already received. "We're rolling in verification requests," ... Flag as irrelevant
	Curbed Can Millions of New Ford F-150 Trucks Become a Clean-Energy Storage Grid? Curbed So the F-150 Lightning is much more than just an electric version of a very popular car; it's the first viable electric vehicle for a huge number of Americans. And it has another feature that may ... Flag as irrelevant
	Motley Fool Why Nikola and Plug Power Stocks Rose Today Motley Fool Nikola, which is still pre-revenue, was called out by a short-seller for exaggerations that resulted in its founder's resignation. The company is still working to win its reputation back as it focuses on building a hydrogen fuel cell electric vehicle (FCEV) and ... Flag as irrelevant
	Bloomberg Consumer Sentiment in US Deteriorates on Inflation Concerns Bloomberg University of Michigan gauge dropped to 82.9 in May from April · Year-ahead inflation rate seen at 4.6%, highest in a decade. Flag as irrelevant
	Barron's Apple Stock Could Drop 30% If iPhones Sales Slow, Analyst Says Barron's New Street Research analyst Pierre Ferragu downgraded Apple stock to Sell from Neutral. He trimmed his target price to $90 from $135. Michael M. Santiago/Getty Images). Flag as irrelevant
	Houston Chronicle Houston Restaurant Weeks sets 2021 dining dates Houston Chronicle Produced by the Cleverley Stone Foundation to benefit the Houston Food Bank, the 37-day event will offer multi-course prix fixe menus for brunch, lunch and dinner for both dine-in and takeout. Flag as irrelevant
	The Verge Cybertruck patent applications show off UI, solar bed cover, 'armor glass' The Verge New patent applications submitted by Tesla in 2020 but published Thursday have revealed a bit more information about the Cybertruck, which is currently slated to start shipping at the very end of this year or in early 2022. One includes (in rather grainy detail) ... Flag as irrelevant
	KPRC Click2Houston Kroger stores to offer $5M in cash prizes, free groceries for a year to encourage COVID-19 vaccinations KPRC Click2Houston Kroger Health, the healthcare division of The Kroger Co., is launching a major giveaway to encourage more Americans to get vaccinated. According to a press release from Kroger, the company's #CommunityImmunity giveaway campaign will award payouts ... Flag as irrelevant
	Investorplace.com Palantir Technologies Gets $111M Contract From US Special Ops Command MarketWatch Palantir Technologies Inc. said it has been selected by the U.S. Special Operations Command to continue its work as their enterprise data management and AI-enabled mission command platform as part of the Mission Command System/Common Operational ... Flag as irrelevant
	MarketWatch Hibbett Sports Raises Full-Year Earnings Guidance MarketWatch By Dave Sebastian. Hibbett Sports Inc. said it raised its earnings guidance for fiscal 2022 as it sees pent-up demand. The sporting-goods retailer on Friday said it expects full-year earnings of $8.50 a share to $9 a share, compared with its prior outlook of $5 a ... Flag as irrelevant
	FierceTelecom VMware boosts fiscal 2022 guidance, talks post spin-off strategy FierceTelecom VMware increased its guidance for its fiscal 2022 following strong Q1 performance that yielded double-digit growth in net income. On an earnings call, CFO and interim CEO Zane Rowe said it ... Flag as irrelevant
	WTOP Alexandria-based Bowl America is being acquired WTOP The acquisition includes Bowl America's 17 locations in Virginia, Maryland and Florida, nine of which are in the D.C. metro area. "Bowlero Corp. is committed to delivering a world class bowling experience to the ... Flag as irrelevant
	Cruise Industry News Carnival Cruise Line Gets CDC Approval for Operations From Miami, Galveston, Port Canaveral Cruise Industry News Carnival Corporation today received U.S. Centers for Disease Control & Prevention's (CDC) acceptance of its Phase 2A Port Agreements for PortMiami, Port of Galveston and Port Canaveral – all key homeports for Carnival Cruise Line and the first three ... Flag as irrelevant
	WFSB MORNING BUSINESS REPORT: Airbnb party ban, Costco sales, vaccinated cruise WFSB (WFSB) - Royal Caribbean has a plan to set sail again from Florida. Plus, Airbnb extends the worldwide party ban till the end of summer. Here's the Morning Business Report for May 28. Airbnb extension. Airbnb said it would extend a ban on parties in homes ... Flag as irrelevant
	Entrepreneur Don't Rush To Buy Costco On Earnings Strength Entrepreneur Because the current consensus estimate for the 4th quarter is only $43 billion there is a very great chance this company will post negative year-over-year earnings growth in the next reporting cycle. The takeaway is that as good as the Q3 was Costco may be ... Flag as irrelevant
	U.S. News & World Report Classic Brands Mattress Review and Prices U.S. News & World Report The Classic Brands Cool Gel 8-Inch Ventilated Gel Memory Foam places No. 20 in our ratings of the Best Mattresses of 2021 and No. 10 in Best Foam Mattresses of 2021. A long-time manufacturer of waterbeds, Classic Brands has been making memory foam ... Flag as irrelevant
	WGRZ.com Tops offering At-Home Testing kits for COVID-19 WGRZ.com Tops Markets says it is now offering an Over the Counter (OTC) COVID-19 At-Home Testing Kit. The test is authorized under an FDA Emergency Use Authorization and involved collecting an anterior nasal swab sample. Flag as irrelevant
	Fox Business Read this before you write off Social Security for your retirement Fox Business In the coming years, Social Security expects to face a financial shortfall as baby boomers exit the workforce and start drawing their benefits. That scenario is expected to be a double whammy for Social Security because not only ... Flag as irrelevant
	The Real Deal South Florida residential construction starts surge again in April The Real Deal South Florida residential construction starts surged in April, but commercial starts declined, according to a newly released report. Miami-Dade, Broward and Palm Beach counties' residential starts increased 36 percent in April, year-over-year, reaching $505 ... Flag as irrelevant
	Schaeffers Research Ulta posts record quarterly results as CEO Mary Dillon prepares to step down Retail Dive Comparable sales surged 65.9%, compared to falling 35% last year and growing 7% in 2019, according to a company press release. Profits also swung back into the black, with the beauty retailer notching $230 million of net income, after a loss of $78.5 million ... Flag as irrelevant
	cleveland.com The SBA has forgiven two-thirds of 2020 PPP loans. It's looking to 'simplify' the process. cleveland.com The U.S. Small Business Administration has approved roughly 3.3 million Paycheck Protection Program loan forgiveness applications so far, the agency said in a congressional hearing Wednesday. That means roughly 69.5% of the more than 5.2 million PPP ... Flag as irrelevant
	BTCMANAGER Environmental Concerns Temper Excitement About NFTs And The Crypto Ecosystem WGLT News Navi Desi, an employee at 707 Liquors, 707 S. Main Street, Normal, demonstrates how to use a cryptocoin ATM on Thursday, May 27, 2021. People use these with digital wallets to buy cryptocurrencies such as Bitcoin and Ethereum. Flag as irrelevant
	What Now Atlanta Rooftop LOA will be Midtown's Own Resort Experience What Now Atlanta With the COVID-19 pandemic in what is hopefully the rearview mirror, Atlanta is getting ready to party. Specifically, on many a rooftop. More specifically, on Rooftop LOA (which stands for "Leave of Absence"). Flag as irrelevant
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