Google Alert - finance

	finance As-it-happens update ⋅ May 20, 2021
	NEWS
	Supermarket News E-commerce sales lift BJ's in Q1 amid tough year-over-year comparisons Supermarket News BJ's Wholesale Club tallied strong e-commerce sales and beat Wall Street's per-share earnings forecast for its fiscal 2021 first quarter, despite lackluster comparable-store sales due to the cycling of last year's sales spike at the onset of COVID-19. Flag as irrelevant
	Bloomberg Philadelphia Fed Survey Shows Highest Price Gauges Since 1980s Bloomberg Inflationary pressures are building further as firms expect to charge higher prices and boost worker pay, according to a regional Federal Reserve Bank report. The Philadelphia Fed's latest survey of factories showed that producers' accelerating input costs ... Flag as irrelevant
	MarketWatch Why retail gas prices might not have hit their high for the year MarketWatch As Americans take to the road this summer, many will face the highest retail gasoline prices since 2014. And demand is still likely to climb, lifting prices to new highs for the year. The summer driving season traditionally begins with Memorial Day weekend, and ... Flag as irrelevant
	Reuters IMF headquarters to start phased return to in-person work on June 1 - spokesman Reuters The International Monetary Fund will start a phased return to in-person work at its headquarters starting June 1 after more than a year of remote work due to the coronavirus pandemic, IMF spokesman Gerry Rice said on Thursday. "After remote working for the ... Flag as irrelevant
	The New York Times Treasury defends its plan to narrow the tax gap by beefing up IRS enforcement. The New York Times The Biden administration on Thursday defended its assessment that it could raise $700 billion in revenue by pumping money into the Internal Revenue Service to beef up its enforcement capabilities amid criticism that its projections were overly rosy. Stay up ... Flag as irrelevant
	MarketWatch Here's what you need to know about buying travel insurance during a pandemic MarketWatch Some countries now require you to have travel medical insurance. Some airlines will help you make sure you have the right coverage for your destination by checking your documents at the gate. Flag as irrelevant
	Bloomberg Owl Rock, Dyal Create Asset Behemoth With SPAC Merger Bloomberg Investing giants Owl Rock Capital and Dyal Capital Partners completed their merger after clearing legal hurdles, with stock of the newly combined behemoth initially jumping as much as 11% on its first day. Now known as Blue Owl Capital Inc., the company ... Flag as irrelevant
	Motley Fool Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought Motley Fool Wednesday's crypto crash and falling prices on former market darlings were a potent one-two combo to get Cathie Wood buying. The popular money manager took advantage of the market's dip to add to some of her biggest names across ARK Invest's widely ... Flag as irrelevant
	Reuters OPEC says IEA net-zero pathway could add to oil-price volatility Reuters The research division at the Organization of the Petroleum Exporting Countries, whose 13 members sit on 80% of the world's crude oil reserves, produced an internal briefing document on the IEA's report, a copy of which was seen by Reuters. Flag as irrelevant
	Bloomberg Billionaire Founder of China Property Giant Dies of Illness Bloomberg The billionaire founder of KE Holdings Inc. has died of an unspecified illness, a shocking development for a Chinese property company that pulled off one of the strongest U.S. market debuts of 2020. Zuo Hui, who turned the company known as Beike from a ... Flag as irrelevant
	MarketWatch ViacomCBS could be a takeover target amid media merger frenzy, analyst says in double upgrade MarketWatch ViacomCBS Inc. may be a "relatively sub-scale player" in the media landscape, but that could also make the company a takeover target, according to an analyst. Bank of America Merrill Lynch ... Flag as irrelevant
	TechCrunch Twitter opens account verification applications to the public under new guidelines TechCrunch The coveted blue badge may soon be within your reach. Twitter announced today it will begin rolling out its new verification application system, which allows public figures and other accounts of high public interest to distinguish themselves with a checkmark ... Flag as irrelevant
	PRNewswire Workrise raises $300 million in Series E Funding led by Baillie Gifford PRNewswire Workrise will use the latest investment to accelerate product development, and expand into markets. - As it expands its footprint, Workrise is retraining skilled workers for energy and infrastructure jobs on the rise. Workrise Logo (PRNewsfoto/Workrise) ... Flag as irrelevant
	Reuters Scrubs maker FIGS eyes $3 bln valuation in IPO, to offer shares on Robinhood Reuters FIGS Inc is aiming for a valuation of more than $3 billion in its U.S. initial public offering (IPO), as the maker of medical scrubs, face masks and shields sees a jump in demand for its products during the COVID-19 pandemic. About 1% of the 22.5 million Class A ... Flag as irrelevant
	Reuters India's Bharat Biotech ramps up vaccine production, 'black fungus' cases add to COVID-19 woes Reuters India reported 276,110 new coronavirus infections over the previous 24 hours, slightly higher than a day earlier but well below the 400,000 high seen at the beginning of this month in a devastating second wave. This takes ... Flag as irrelevant
	Reuters 'I'm not very social': ByteDance founder to hand CEO reins to college roommate Reuters Zhang Yiming announced he will step down as CEO of TikTok-owner ByteDance, saying he lacked the social skills to be an ideal manager and naming his college roommate Liang Rubo as his successor to navigate a rising tide of Big Tech regulations. Flag as irrelevant
	Motley Fool 3 Vanguard ETFs for Opportunistic Investors to Buy Right Now Motley Fool Vanguard Financials ETF (VFH). A year ago, the picture was bleak for the financial industry. The Fed had just slashed interest rates to nearly zero, and lower interest rates meant lower lending profits. Massive job losses led banks to tighten lending standards ... Flag as irrelevant
	mlive.com Chicken Sandwich Wars: Who has the best fast-food chicken sandwich? mlive.com GRAND RAPIDS, MI - Burger King has been dreaming up its new crispy chicken sandwich since 2019 when another fast food chain caused a frenzy, selling out coast-to-coast and creating the Chicken Sandwich Wars. Testing for BK's new sandwich started in ... Flag as irrelevant
	The New York Times Oatly shares soar 30 percent in their public debut. The New York Times Shares of Oatly soared 30 percent on Thursday as investors jumped at the chance to take part in rapid changes in the food industry driven by consumer tastes shifting to plant-based products. The company, which makes an alternative to dairy milk based on ... Flag as irrelevant
	Barron's Chipotle Stock Cooled This Year. UBS Says Time to Buy. Barron's UBS analyst Dennis Geiger upgraded Chipotle stock (ticker: CMG) to Buy from Neutral in a note on Thursday. He also raised his price target to $1,700 from $1,575, pointing to possible upside to earnings expectations. Flag as irrelevant
	Reuters SPACs target more ESG companies in 2021 -Nomura Greentech Reuters U.S. IPOs by SPACs with a focus on ESG or sustainability and in sectors including environmental technology, transportation, industrials, water and energy totalled 49 in the first four months of 2021, out of a total of 306, Nomura's data showed. Flag as irrelevant
	Seattle Times Nervous workers struggle to adjust to new mask policies Seattle Times Kroger, the country's largest grocery chain, became one of the latest to announce that, starting Thursday, workers and customers can stop wearing masks in states where mandates are no longer in effect. Other companies that ... Flag as irrelevant
	CNN Elon Musk promises the Tesla Model S will return June 3 CNN New York (CNN Business) The Model S is finally coming back. Tesla hasn't delivered one of the luxury sedans since the start of the year thanks to a computer chip shortage and a redesign of the car, once the company's only offering. Since then, CEO Elon ... Flag as irrelevant
	MarketWatch Gold falls, on brink of halting longest win streak in nearly 4 months MarketWatch Gold prices headed lower on Thursday, with bullion threatening to snap a five-session streak of gains — the longest stretch so far this year — a day after minutes from the Federal Reserve's April meeting suggested that the central bank is contemplating when ... Flag as irrelevant
	Tampa Bay Times Three Florida property insurers will drop a total of 50000 policies Tampa Bay Times More than 50,000 Florida policy holders will need to find a new property insurance carrier in the coming months, just as hurricane season roars into gear. Three Florida insurers have received approval to let some of their policies expire and to cancel others, ... Flag as irrelevant
	Motley Fool These 2 Investor Favorites Are Leading the Stock Market Higher Thursday Motley Fool Lightning strikes. Shares of Ford were up between 2% and 3% on Thursday morning. The automaker made good on its promise to deliver an electric version of its most popular pickup truck, and that has shareholders excited about what might come next from ... Flag as irrelevant
	Nasdaq Forget Ethereum: This Investment Has Made Far More Millionaires Nasdaq However, crypto is an incredibly risky investment, and it's more likely you'll lose money than become a millionaire. Although Ethereum has seen incredible gains over the past few months, that doesn't necessarily make it a good investment. Flag as irrelevant
	Motley Fool Why Kohl's Stock Was Falling Today Motley Fool Shares of Kohl's (NYSE:KSS) were taking a dive after the department-store chain reported first-quarter earnings last night. While the results topped analyst estimates, high expectations were already priced into the stock after it had doubled over the last six ... Flag as irrelevant
	TravelPulse Oceania Cruises Unveils Public Areas on New Vista Ship TravelPulse Oceania Cruises unveiled the signature lounges, bars, and wellness areas on Vista, the first of two new 1,200-guest Allura Class ships being constructed by Italian shipbuilder Fincantieri. The 67,000-gross-ton vessel, the seventh for the line, will set sail in ... Flag as irrelevant
	FierceTelecom Cisco preps price increases as chip shortage drags on FierceTelecom Cisco CEO Chuck Robbins revealed the company is preparing to raise prices on certain products in light of ongoing inflation caused by a global chip shortage that is expected to persist into next year. Flag as irrelevant
	Crain's Chicago Business McDonald's investors back chairman Crain's Chicago Business (Bloomberg) — McDonald's Corp. investors voted to approve Enrique Hernandez as chairman of the world's biggest restaurant company, turning aside demands for his removal after the turbulent ouster of former Chief Executive Officer Steve Easterbrook. Flag as irrelevant
	Reuters "Pandemic mindset" persists among global consumers - survey Reuters People in the world's leading economies remain overwhelmingly nervous about returning to life as normal, even after having being vaccinated against COVID-19, a survey released on Thursday found. A mid-year update of the Edelman Trust Barometer, ... Flag as irrelevant
	WebMD House Panel Details Baltimore Vaccine Plant Problems WebMD May 20, 2021 -- Emergent BioSolutions was warned repeatedly of problems at the Baltimore factory where 15 million doses of the Johnson & Johnson COVID-19 vaccine were contaminated, documents released Wednesday by the House Select ... Flag as irrelevant
	Minneapolis Star Tribune Restaurants are buying bacon again, Hormel's surprising profit jump shows Minneapolis Star Tribune The quarterly results for Hormel Foods tell an optimistic story: the pandemic economy is in rapid recovery. The Austin, Minn.-based food company shocked investors Thursday morning when it beat both sales and earnings estimates, including gains in ... Flag as irrelevant
	Reuters Australia's CSL unable to simultaneously make Novavax, AstraZeneca vaccines Reuters In January, the government ordered 51 million doses of Novavax's vaccine, with the Therapeutic Goods Administration (TGA) allowing the company to apply for provisional registration of the shot. Novavax has delayed its timeline for ... Flag as irrelevant
	WDIV ClickOnDetroit Mackinac Policy Conference returns in 2021 with COVID vaccination requirement WDIV ClickOnDetroit The Detroit Regional Chamber's annual Mackinac Policy Conference is returning this fall after being canceled in 2020 due to the coronavirus -- but the event will operate differently still amid the pandemic. The Detroit Regional Chamber (DRC) announced ... Flag as irrelevant
	AZCentral.com Frontier customers received internet service that's too slow, FTC says AZCentral.com The Federal Trade Commission and six states say Frontier Communications didn't deliver the internet speeds it promised customers and charged them for better, more expensive service than they actually got. In its complaint, filed Wednesday in federal court ... Flag as irrelevant
	Seattle Times EU signs new deal with Pfizer-BioNTech, Hungary opts out Seattle Times BRUSSELS (AP) — The European Union's executive arm on Thursday finalized a third vaccine contract with Pfizer and BioNTech through 2023 for an additional 1.8 billion doses of their COVID-19 shot to share between the bloc's countries except for Hungary, ... Flag as irrelevant
	PRNewswire The Conference Board Leading Economic Index® (LEI) for the US Increased in April PRNewswire The Conference Board now forecasts real GDP could grow around 8 to 9 percent (annualized) in the second quarter, with year-over-year economic growth reaching 6.4 percent for 2021." The Conference ... Flag as irrelevant
	CNN Pringles is entering the fried chicken sandwich wars with its new flavor CNN The end result is a potato crisp that mixes the "fiery spice blend" of the chicken sandwich and a "perfectly crunchy and extremely convenient bite" of a Pringles, the company said in a press release. The combination, which hits shelves in June, is only on sale for ... Flag as irrelevant
	Investor's Business Daily Dow Jones Today Lags, Nasdaq Leads As Jobless Claims Decline; Virgin Galactic Spikes, Cisco Tumbles On Outlook Investor's Business Daily Stocks were off to an uneven start Thursday, as the Nasdaq rallied while the Dow fought to stave off a fourth-straight decline. Bitcoin staged a sharp rebound, and positive weekly jobless claims report helped temper weak May manufacturing data. Copart and ... Flag as irrelevant
	TravelPulse Victory Cruise Lines Announces New 2022 Itineraries TravelPulse Some new itineraries include the Savannah, GA to Halifax, NS cruise, a 17-day excursion in April 2022 that sails up from Savannah to the Canadian border, visiting historic colonial cities along the route. Flag as irrelevant
	Washington Post Howard U. and Amazon Web Services partner to develop courses, master's program in cloud computing Washington Post "Howard's collaboration with AWS is focused on empowering students at various levels to learn and master the skills needed for a cloud career, exposing them to exciting opportunities throughout their educational experience," said Anthony K. Wutoh, provost ... Flag as irrelevant
	Cruise Critic Royal Caribbean Cancels Bermuda Summer 2021 Sailings Cruise Critic (9:45 a.m. EDT) – Royal Caribbean has canceled its summer cruises homeported in Bermuda, citing a preference from U.S. travelers to sail from closer ports. Sailings on Vision of the Seas had been set to debut from Bermuda on June 26. The cruises, which ... Flag as irrelevant
	Pittsburgh Post-Gazette Does AT&T's deal with Discovery put pressure on Comcast? Analysts weigh in Pittsburgh Post-Gazette The mega-merger of Discovery and AT&T's WarnerMedia has turned the spotlight on Comcast, with speculation that it could acquire another media firm to buttress its entertainment offerings. As consumers flee traditional TV for online streaming, Comcast and ... Flag as irrelevant
	8News Evaluation Panel recommends ONE Casino + Resort for southside Richmond; Mayor Stoney supports decision 8News RICHMOND, Va. (WRIC) — Richmond's Resort Casino Evaluation Panel has recommended the ONE Casino + Resort plans to move forward as the city's casino gaming operator. The proposed site is located on Walmsley Boulevard in South Richmond and ... Flag as irrelevant
	CNN IHOP is finally ready to debut its new restaurant concept CNN Flip'd will have its own dedicated menu featuring breakfast items like pancake bowls, egg sandwiches and coffee, as well as lunch or dinner options like burrito bowls. Unlike IHOP, Flip'd doesn't offer table service. Instead, meals are designed to be portable and ... Flag as irrelevant
	PharmaLive Lilly's Diabetes Drug Candidate Tirzepatide Meets Primary Study Outcome In Surpass-4 Trial Nasdaq Results from the Surpass-4 study showed that treatment with tirzepatide provided superior A1C reductions as well as weight loss compared to insulin glargine in adults with type 2 diabetes who have increased cardiovascular risk. All three ... Flag as irrelevant
	MarketWatch Morgan Stanley unveils management changes, names Ted Pick and Andy Saperstein co-presidents MarketWatch Saperstein currently leads Morgan Stanley's wealth management business and will be responsible for all wealth management channels, including financial advisors, E*TRADE and Morgan Stanley at Work. The company's Chief Financial Officer Jonathan ... Flag as irrelevant
	QSR magazine Panera Bread Unveils Next-Gen Restaurant Design QSR magazine Like many quick-service chains across America, Panera Bread finds itself at a COVID-19 crossroads. The need to court and remove friction from an off-premises swell, yet also the desire to guard the gathering-place DNA it's long differentiated against. Flag as irrelevant
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