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Euro zone business growth hits three-year high but ECB cautious LONDON (Reuters) - Euro zone business growth accelerated at its fastest pace in over three years in May, a survey showed on Friday, but European Central Bank President Christine Lagarde said an uncertain recovery still needed emergency support from ...
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AT&T And Discovery: The Sum Of The Parts In the few days since the original announcement, we have seen extreme panic among income investors rushing out of the door and dumping their shares of AT&T after hearing about the announcement of a dividend cut following the AT&T/Discovery transaction.
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Tribune shareholders vote on takeover that could shift control of Chicago Tribune Shareholders of Tribune Publishing, one of the country's largest newspaper chains, voted Friday on a takeover bid by hedge fund Alden Global Capital. In a statement, Alden appeared to say the deal was approved, an assertion questioned by the union ...
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Ford CEO: Electric Vehicle Demand Will Transform Industry DEARBORN, Mich. (AP) — A new electric version of Ford's immensely popular F-150 pickup truck might just be the catalyst that hastens America's transition from gasoline to battery-powered vehicles.
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As the US grappled with the coronavirus pandemic, one congressman looked to profit off the panic In the early days of the pandemic, New Jersey Rep. Tom Malinowski scolded those looking to capitalize on the once-in-a-century health crisis. "This is not the time for anybody ...
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CBD startup Prima raises millions Sen. Ron Wyden, along with a bipartisan group including Sen. Rand Paul, released a bill that would kick it to the FDA to regulate CBD. And Rep. Jerrold Nadler is reportedly launching a new version of the MORE Act, a social-justice-first cannabis de-scheduling ...
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S&P 500, Dow extend recovery after strong US business surveys (Reuters) - The S&P 500 and the Dow rose on Friday, extending a recovery from the previous session, as strong U.S. factory and services activity surveys lifted the mood at the end of a volatile week of trading. FILE PHOTO: People are seen on Wall St. outside ...
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Microsoft CEO responds to news of Bill Gates' affair with employee New York (CNN Business) Microsoft CEO Satya Nadella on Friday responded to recent news about the conduct of the company's founder, Bill Gates, that raised questions about the tech giant's workplace culture. Nadella referenced an investigation Microsoft ...
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Consumers are getting approved for credit cards again after pandemic lull, new TransUnion report finds Credit card originations are on the rise again. Here are the best cards to add to your wallet. Published Fri, May 21 2021.
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Enphase Stock Looks Compelling At $130 Enphase Energy (NASDAQ: ENPH), a company best known for its solar microinverters - components that convert the direct current produced by solar panels into the alternating current that can be used by the grid - has seen its stock rise by 12% over the last ...
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Monica Lewinsky Continues To Poke Fun At Herself On Social Media Yet instead of shying away from the infamous scandal that occurred 23 years ago, she routinely pokes fun at it on social media. On Friday, ÜberFacts (@UberFacts), an online webs service/app ...
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Deere raises earnings forecast, flags production risks (Reuters) -Deere & Co on Friday raised its full-year earnings on buoyant demand for farm and construction machines, but warned a global shortage of semiconductor chips posed a "significant" risk to its production schedule. As the global economy roars back ...
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The best sales to shop this weekend: Best Buy, REI, Adidas and more CNN Underscored is your guide to the everyday products and services that help you live a smarter, simpler and more fulfilling life. The content is created by CNN Underscored. CNN News staff is not involved. When you make a purchase, we receive revenue.
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US Congress to hold hearing on SPACs, ramping up scrutiny WASHINGTON (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition companies, or SPACs, with a hearing set for Monday as they consider legislation aimed at curbing liability protections for the industry. The U.S. Securities and ...
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Kia introduces new electric vehicle that can charge in less than 20 minutes The Biden administration has called for hundreds of billions of dollars to be allocated for the proliferation of electric vehicles in the country. President Biden intends to put the money toward things like domestic manufacturing, electric vehicle deployment and ...
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Home prices just smashed another record It was the highest median price since NAR began tracking this data in 1999. The median price, which includes existing single-family homes, townhomes, condominiums and co-ops, was up a record 19% from a year ago.
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Foreign airlines begin to resume Tel Aviv flights after Gaza truce Tourism is a significant source of revenue for Israel and the neighbouring Palestinian Authority although Israel controls entry into Palestinian areas and the occupied West Bank. Israel's bombardment of Gaza and militant rocket attacks on Israeli towns ceased ...
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KCS to CN: Proposal Accepted. (But is it Final?) CN and Kansas City Southern (KCS) on May 21 entered into a definitive merger agreement that, barring an unexpected twist, ends weeks of a tug of war between CN and Canadian Pacific. CN's revised offer was submitted to and determined by the KCS ...
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Air India says February's data breach affected 4.5 mln passengers India's national airline Air India said on Friday a cyber attack on its data processor in February affected about 4.5 million passengers around the world. Air India, a member of global airlines consortium Star Alliance, said the breach involved personal data, such ...
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Foodservice recovery boosts Hormel Foods AUSTIN, MINN. — Elevated retail sales propelled Hormel Foods Corp. during the second quarter of fiscal 2021, but recovery in foodservice pushed the company's top line higher. Management sees the recovery accelerating into the second half of the year.
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Don't Let Delays Return To Newark Airport After COVID: Rep. Payne On Thursday, Rep. Donald Payne Jr. wrote a letter to Steve Dickson, administrator for the Federal Aviation Administration, asking him to support rules to decrease congestion at the airport, which "leads the country in flight delays.".
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Deckers (DECK) Q4 Earnings & Sales Beat, FY22 EPS View Up Shares of Deckers Outdoor Corporation DECK jumped nearly 6% in after-hours trading on May 20 following the company's sturdy fourth-quarter fiscal 2021 results. Both the top and the bottom line outpaced the Zacks Consensus Estimate and also compared ...
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Instacart Expands Partnership With 7-Eleven to Take On DoorDash Instacart began working with 7-Eleven last year, delivering thousands of everyday items, including pantry staples, alcohol, snacks and over-the-counter medications. The companies plan to add alcohol delivery to more states and stores in the coming months, ...
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FDA approves Rybrevant for NSCLC with EGFR exon 20 insertion mutations Amivantamab-vmjw (Rybrevant, Janssen) is an EGFR and mesenchymal epithelial transition (MET) factor bispecific antibody that targets activating and resistant EGFR and MET mutations and amplifications. Lung cancer scan.
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Austin's jobless rate drops below 5%, hits lowest point in pandemic era In another sign that economic recovery from the COVID-19 pandemic is underway, Austin's unemployment rate last month fell below 5% for the first time since December 2020 and to its lowest point in a year. As vaccine rollouts increased and businesses ...
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Amazon is shutting down its Prime Now two-hour delivery app New York (CNN Business) Amazon will shut down its Prime Now free two-hour grocery delivery app and website and fold the service into its main platform by the end of the year, the company said Friday. Amazon (AMZN) said it was making the move to ...
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Which are the safest, most affordable used cars for teen drivers? STATEN ISLAND, N.Y. -- Is your teenager getting ready to hit the road? If so, you're likely in the market for something that will keep him or her safe without breaking the bank. Unfortunately, that might be a bit more difficult this year, with used car prices rising ...
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Booz Allen puts headcount back near the top of its agenda But hiring "probably wasn't top three" of Booz Allen's priorities during the height of the coronavirus pandemic though still one top of mind, CEO Horacio Rozanski said during the company's fourth quarter earnings call with investors Friday.
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White House partners with dating apps to encourage Covid vaccinations (CNN) Starting this week, the White House is hoping Americans swipe right for Covid vaccines, partnering with a series of prominent dating apps to offer incentives to customers who've been vaccinated against the coronavirus. Vaccinated users on Tinder, ...
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The Typical Unicorn Founder Started Their Business at 34 "There are, indeed, many successful billion-dollar startup founders in their early twenties," Tamaseb wrote in the book, "but most of them aren't." His takeaway: Age doesn't matter.
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Morning Bell With Jim Cramer: Cisco Orders 'Spectacular' In the most recent episode of "Mad Money" TheStreet Founder Jim Cramer said he lamented the lack of accountability on Wall Street and condemned the harm it did to investors. TheStreet's Katherine Ross and Cramer are ...
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WATCH LIVE: CDLE provides update on unemployment in Colorado, new return to work incentive program CDLE said the share of Coloradans participating in the labor force was 68.7% in April, which matches the number from February 2020 – before the pandemic. Colorado's employment-to-population ratio is ...
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Little change in Pennsylvania jobless rate, payroll in April HARRISBURG, Pa. Pennsylvania's unemployment rate and payrolls remained virtually the same in April, according to state figures released Friday. The figures come out as employers report that they are struggling to find workers ...
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Biogen taps Ginkgo Bioworks to work on gene therapy manufacturing program Two of the largest biotechs in Massachusetts, Biogen and Ginkgo Bioworks, are teaming up with a goal of making gene therapies easier to produce, which could accelerate the development of Biogen's drugs. The companies said they will work on ...
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Boeing, Dow Inc. share gains lead Dow's 275-point jump Shares of Boeing BA, +2.32% and Dow Inc. DOW, +1.46% are contributing to the index's intraday rally, as the Dow DJIA, +0.74% is trading 279 points (0.8%) higher. Boeing's shares are up $7.17 (3.2%) while those of Dow Inc. have climbed $1.14 (1.7%), ...
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Heathrow T3 to become dedicated zone for 'red list' passengers from June 1 Europe's biggest airport has been under growing pressure to separate passengers arriving from red-list and non-red list destinations after large crowds were seen mixing in the arrivals hall. Heathrow said ...
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Mr C.'s Homemade Ice Cream on Old Palafox Highway makes unique and fun flavors in house KarLee Johnson, 5, shares some of her ice cream with her mother Kristin Johnson. "It's a passion, I love the science," Brewer said Wednesday morning. "I've ...
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Cal/OSHA Standards Board Delays Vote On Revised COVID-19 Emergency Temporary Standards The evening before the vote the Deputy Chief for the Division of Occupational Safety and Health ("Division") submitted a request that the Standards Board not to vote on proposed revisions and instead allow the Division to submit new proposals that would align ...
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Inside Panera's 'best of both worlds' redesign Eduardo Luz, Panera Bread's chief brand and concept officer, has seen other restaurant chains ditch their dining rooms to prepare for a post-pandemic world that is laser focused on off-premise convenience.
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Columbus announces outdoor city pools reopening for the summer, with free admission COLUMBUS (WCMH) — Columbus Recreation and Parks Department announced Friday that outdoor pools will reopen this summer. Select pools and all spraygrounds will be open Memorial Day Weekend, May 29-31. All pools will begin opening the week of ...
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All residential pools in Quebec must conform to updated regulations by 2023 Owners of pools constructed before Nov. 1, 2010, had benefited from acquired rights that exempted them from the regulations. Those owners have until July 1, 2023, to comply. Among the regulations are ...
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Tesla raises price of Model Y, Model 3 variants Tesla delivered 182,780 Model 3/Ys in the first quarter, up 13% from the preceding quarter. A ramp up in production and solid demand for its less expensive models had helped offset the impact of a global shortage of parts.
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Florida's labor force nears pre-pandemic levels as COVID fears fade More Floridians are returning to the workforce as fears of the COVID-19 pandemic fade, new data suggest. The Florida Department of Economic Opportunity said Friday that the state's overall labor force climbed by 85,000 between March and April. It's the ...
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FDA grants priority review to maribavir for refractory cytomegalovirus infection Maribavir (TAK-620, Takeda) — an orally bioavailable anti-cytomegalovirus (CMV) compound that targets and inhibits the UL97 protein kinase and its substrates — is the only antiviral agent currently in phase 3 development for CMV infection following ...
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Chess: Magnus Carlsen and entire world top 10 compete for volatile bitcoin Bitcoin, the wildly fluctuating crypto-currency, and the careful strategies of the chessboard might seem to have little in common as partners but the unlikely marriage is about to happen. On Sunday the pair come together in the strongest and richest ever online ...
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