Monday, May 17, 2021

Google Alert - finance

Google
finance
As-it-happens update May 17, 2021
NEWS
Bloomberg
The eliminations are likely to accelerate as the economy reopens following the Covid-19 pandemic and conditions normalize, Wells Fargo analysts led by Mike Mayo said in a note, adding that "this will be the biggest reduction in U.S. bank headcount in history." ...
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CNBC
Atlanta Federal Reserve President Raphael Bostic told CNBC he's comfortable with ultra-loose policy even as inflation gains steam. · Bostic said inflation is healthy for the economy, particularly at a time when unemployment remains a problem.
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Bloomberg
Federal Reserve Vice Chair Richard Clarida said the weaker-than-expected U.S. jobs report showed the economy had not yet reached the threshold to warrant scaling back the central bank's massive bond purchases. "Through that April employment report, ...
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Forbes
Miriam Rivera is not your typical VC. The cofounder, CEO and managing director of Ulu Ventures was raised by parents from Puerto Rico who came to the mainland U.S. as migrant farmers. She credits her early immersion in computer education for setting her ...
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Reuters
CHICAGO (Reuters) -Harley-Davidson Inc's shares soared to their highest level in over three years after the European Union decided to suspend a planned increase in retaliatory tariffs on its motorcycles as part of a partial trade truce with the United States.
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Barron's
The rise of sustainability and the incorporation of environmental, social, and governance considerations into portfolios is one of the biggest investing trends of 2021. But amid all the buzz about the amount of capital flowing into sustainable investments, there ...
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CNBC
Starbucks, CVS and Target won't require fully vaccinated customers to wear masks inside stores, except when required by law. The policy changes come after the Centers for Disease Control and Prevention updated its guidance on mask wearing. Walmart ...
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Bloomberg
AT&T Inc. was once the poster child for firms willing to sacrifice their credit ratings for the sake of debt-fueled acquisitions. Now, the company is making its biggest push yet to cut debt and ditch its long-held status as the world's largest borrower. The telecom ...
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Forbes
That's what Ben Kaufman, the founder of a retailer called "Camp," told me in a recent conversation. But Kaufman was being humble. The five-store retailer he first opened in 2019 addresses head on the key question facing retailers right now: what's the future of ...
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Economic Times
... * U.S. Fed minutes due on Wed in focus. * Platinum market will be undersupplied this year -WPIC. * Silver hits highest in nearly three months (Updates prices). May 17 (Reuters) - Gold prices climbed to their highest in more than three months on Monday, ...
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Business Wire
SHOREVIEW, Minn.--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a Trusted Business Technology™ company (the "Company"), announces that it intends to offer $500 million aggregate principal amount of senior unsecured notes due 2029 (the "Notes") in a ...
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ETF Trends
Stocks and index ETFs started the week with losses, as the technology sector drove the major benchmarks lower under Monday, adding to the downside pressure from the prior week's higher-than-expected inflation readings. The Dow Jones Industrial ...
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Seattle Times
Amazon, which has faced criticism for above-industry-average injury rates at its warehouses, said Monday it is taking steps to halve the rate of workplace injuries in them by 2025. The company is launching a suite of new programs, grouped under the moniker ...
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Barron's
A diesel engine at a Cummins plant in Indiana. Luke Sharrett/Bloomberg. It turns out that earnings really do matter—even for a once-hot hydrogen play like Plug ...
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Reuters
Saint-Affrique had announced on April 22 he was stepping down as CEO of Swiss chocolate maker Barry Callebaut at the end of August, fueling speculation he could be headed for the top job at Danone.
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Reuters
PARIS (Reuters) - An experimental COVID-19 vaccine developed by Sanofi and GlaxoSmithKline showed a robust immune response in early-stage clinical trial results, enabling them to move to a late-stage study, the French drugmaker said on Monday.
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Bloomberg
SoftBank Group Corp., the technology dealmaker founded by billionaire Masayoshi Son, is considering listing a special purpose acquisition company in Europe, people with knowledge of the matter said. The Japanese conglomerate's Vision Fund is ...
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PEOPLE.com
At Pym's Test Kitchen, fans of Ant-Man and The Wasp can watch a pretzel grow and shrink through a quantum tunnel in the kitchen laboratory, and even order a super-sized Bavarian-style pretzel with a cheddar cheese beer sauce built to share.
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MarketWatch
Airbnb Inc.'s stock fell sharply Monday as the company's post-IPO lockup expired, meaning insiders can now sell shares. Before this lockup expiration, about 40% of shares held by Airbnb ABNB, -6.25% insiders had already been unlocked, analysts from ...
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FierceBiotech
A 14-year-long partnership with Amgen is coming to an end this week, but Cytokinetics is pressing on to file the heart drug the two companies collaborated on to the FDA—in more of a supporting role than originally planned.
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Slate Magazine
The region has poured billions of dollars into a subway network to try to decouple population growth from traffic congestion; the state has forced the city to allow accessory dwelling units (also known as garage apartments or granny flats) in neighborhoods once ...
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Motley Fool
Clover announced its first-quarter results before the market opened on Monday. While there was some good news, it wasn't enough to serve as a major catalyst for the health insurance stock: Shares rose around 1% in early trading. Here are the highlights of ...
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AZCentral.com
It's Tax Day and these restaurants and bars in Phoenix, Tempe, Scottsdale, Chandler. Regardless of whether you owe money or already got your tax refund, some businesses are marking the tax return ...
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Detroit Free Press
"Sitting in the back seat of that car that took me from Chicago O'Hare to West Lafayette (Indiana) — where my father taught as a (graduate) student at Purdue University. It was the coolest ride of my life. That car wasn't ours. It was borrowed to pick us up," she ...
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Barron's
George Soros' Soros Fund Management bought shares tied to Archegos Capital Management, which collapsed a couple of months ago. Fabrice Coffrini/AFP/Getty Images. As Archegos Capital Management ...
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CNA
The mainland's largest wireless carrier said on Monday it plans to sell no more than 964.8 million shares, or 4.5% of its total issued shares, publicly on the Shanghai Stock Exchange at an undisclosed price.
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American Banker
Dean Marchessault, the longtime president and CEO of American Eagle Financial Credit Union in East Hartford, Connecticut, will retire at the end of the year. Marchessault will be succeeded by Senior Vice President Howard Brady as chief executive of the ...
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Today.com
So, whether you are spending some of that refund or saving cash because you have a lot of taxes to pay, there's some great restaurant deals to take advantage of on May 17. Farmer Boys.
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Atlanta Journal Constitution
It's graduation season, when fresh-faced 20-somethings — and nontraditional graduates — are entering the search for a job. "Unfortunately, new graduates aren't entering the market at a great time, as the unemployment rate for people ages 20 through 24 ...
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Sarasota Herald-Tribune
Colonial Pipeline paid DarkSide, which specializes in digital extortion, 75 Bitcoins or approximately $5 million dollars, to recover its stolen data. Hackers encrypt its victims' records and threaten to release it publicly unless paid a ransom in cryptocurrencies.
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Trefis
Tesla stock (NASDAQ: TSLA) declined by almost 12% over the last week (five trading days), compared to the S&P 500 which remained roughly flat over the same period. There were a couple of trends impacting the stock including weaker than expected sales ...
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NBC 10 Philadelphia
Everyone on board will continue to be required to wear face masks. SEPTA has seen a decline in ridership with many people working from home amid the COVID-19 pandemic. SEPTA buses ...
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Reuters
SK Hynix has expressed intention to negotiate for the full acquisition of the 8-inch wafer foundry, Korea Economic Daily reported on Monday citing unnamed sources in the tech and investment banking industries. SK Hynix said ...
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TheStreet
"Demand for large consumer hard drives has increased significantly due to Chia mania, with drives sold out on many websites and pricing on secondary markets meaningfully higher than usual," Deutsche Bank analysts wrote in a commentary cited by ...
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Washington Business Journal
Amazon.com Inc.'s decision to split its second headquarters between Northern Virginia and New York City was one that ran against months of careful research by the e-commerce giant. According to "Amazon Unbound," a new book by Brad Stone that looks at ...
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Green Car Reports
A group of Harvard researchers announced last week that they have designed a stable lithium-metal solid-state battery that can be charged and discharged at least 10,000 times "at a high current density." Lithium-metal solid-state battery cells are widely seen ...
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Bloomberg
Hon Hai Precision Industry Co., the main assembler of Apple Inc.'s iPhones, and Jeep maker Stellantis NV said they're prepared to announce a new strategic partnership, solidifying another major cooperation between technology and automotive giants.
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KARE11.com
MINNEAPOLIS — A New York man is facing drug charges and other potential offenses after allegedly causing a disturbance on a flight that was then forced to divert to MSP International Airport. A spokesperson for JetBlue confirms that flight 915 was headed ...
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NOLA.com
In Louisiana, 35,676 more doses of COVID vaccines have been administered, according to a noon update from the Louisiana Department of Health. There are 1,390,660 people who are fully vaccinated and 1,573,984 people who have received at least one ...
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TravelPulse
United Airlines announced it has added more than 400 daily flights to its July schedule and increasing service to reopened European destinations ahead of the busy summer travel season. The updated monthly flight schedule is the airline's largest since ...
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Toronto Star
To this end, the company is on track to develop a subsidiary that will serve as a beverage research and innovation hub in Canada. Through the latest beverage subsidiary, management looks to evolve and tap the growing opportunities in the cannabis space.
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CSNews Online
IRVING, Texas — The year's largest acquisition to date closed on May 14, but it may be not have had the blessing of the Federal Trade Commission (FTC). In a statement hours after the closing, two commissioners said Marathon Petroleum Corp. (MPC) and ...
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Travel Agent
Carnival Cruise Line's Carnival Sensation arrived in Mobile, AL, late last week for the first time with fans lining up on the waterfront at Cooper Riverside Park to greet the vessel, which docked at the Alabama Cruise Terminal. "I'm sure I speak for everyone ...
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KELOLAND.com
New deaths were reported in the 50 – 59 (1) age group and the 70 -79 (1) age group. Minnehaha and Todd Counties each reported one new death. While the difference between deaths reported Monday and Friday is two, the number of deaths based on gender ...
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Chicago Daily Herald
With state and federal momentum growing to replace diesel school buses with electrics, and a manufacturing plant to build those vehicles moving to the suburbs, is Illinois on the cusp of a green transport revolution? Maybe, but with electric school buses ...
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Yahoo Tech
Now, however, it appears that plan has been shelved, at least temporarily. The company announced today that the futuristic-looking van, officially called the "Lifestyle Vehicle," will have a starting price of $34,750. The price can be as high as $49,950 before ...
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Cruise Industry News
The Norwegian Prima has become Norwegian Cruise Line's most in-demand ship ever with record bookings on the first day and week of sales. The Norwegian Prima, the first of six ships within Norwegian's new Prima Class, was unveiled on May 12 with ...
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Chicago Sun-Times
BELVIDERE — Some 1,600 jobs are being cut at a Jeep Cherokee factory in northern Illinois as automakers continue being plagued by the global shortage of semiconductors. The U.S. arm of Stellantis, formerly known as Fiat Chrysler, said Friday it was ...
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Crain's Detroit Business
Clarivate (NYSE: CLVT) said it will acquire ProQuest from private investment firm Cambridge Information Group in a deal that, pending regulatory approvals, would close in the third quarter of this year, according to the release.
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Reuters
Asked if the airline could swap its orders to take fewer 777X jets and more Dreamliners, Sheikh Ahmed bin Saeed Al Maktoum told reporters: "It is always a possibility." "We are assessing our ...
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