Google Alert - finance

	finance As-it-happens update ⋅ May 18, 2021
	NEWS
	Reuters Buyers beware as "altcoin" frenzy bruises bitcoin Reuters LONDON (Reuters) - Bitcoin's smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its heels, most have little use beyond financial trading - but few of the investors fuelling their rise seem bothered. FILE PHOTO: ... Flag as irrelevant
	Forbes The US Influence On The OECD's Global Tax Reform Plan Forbes Robert Goulder: Thanks, Dave. It's great to be here. David Stewart: Let's start off with a brief overview of pillars 1 and 2. Where do the OECD talks stand today? Flag as irrelevant
	The New York Times Apple's Bargain in China The New York Times Jack Nicas, one of the reporters for the article, spoke to me about their investigation into the compromises that Apple makes to stay in the good graces of the Chinese government. Shira: It's been clear ... Flag as irrelevant
	Bloomberg Shell Green Plans Under Scrutiny as Holders Seek More Action Bloomberg Royal Dutch Shell Plc has been under increasing pressure from investors to slash emissions and pivot toward cleaner energy, and the tension was on show at its shareholder meeting on Tuesday. The company's long-term energy transition plan, laid out to ... Flag as irrelevant
	Bloomberg Bitcoin Dips to Lowest Since February Amid China Crypto Warning Bloomberg Bitcoin and other major cryptocurrencies slumped after the People's Bank of China reiterated that the digital tokens cannot be used as a form of payment. The largest cryptocurrency fell as much as 5.1% to $42,547 in New York, continuing a week-long slide ... Flag as irrelevant
	Reuters Bank of America to raise US minimum hourly wage to $25 by 2025 Reuters Bank of America (BAC.N) plans to raise its minimum wage for U.S. workers to $25 an hour by 2025, the latest among major firms promising to pay employees more after a year of pandemic risks and government subsidies that fueled conversations on whether ... Flag as irrelevant
	Forbes Ask Larry: Can My Husband Pull His Social Security Contributions And Invest Them? Forbes Today's column addresses questions about whether it's possible to opt out of contributing to Social Security, Social Security benefits for veterans and filing options when an older spouse dies before the younger spouse reaches full retirement age (FRA). Flag as irrelevant
	Bloomberg MicroStrategy Builds Up Bitcoin Cache by $10 Million Bloomberg The cryptocurrency bull adds 229 tokens to existing cache · Bargain-hunters take advantage of Musk's crypto critique ... Flag as irrelevant
	USA TODAY The best first credit cards of 2021 USA TODAY Applying for your first credit card can be exciting—but also intimidating. If you've never used credit before, there's a chance you might not get approved. Secured cards are often a popular choice for first-time cardholders because you could be accepted with ... Flag as irrelevant
	Motley Fool This Stock Is a Money-Making Machine in an Industry Warren Buffett Loves Motley Fool However, Warren Buffett has often called insurance the industry that's most important to the company he's run for more than five decades, Berkshire Hathaway. In fact, insurance has been a cornerstone of Berkshire's growth since its 1967 acquisition of National ... Flag as irrelevant
	Business Insider Social Commerce 2021: Social media and ecommerce convergence trends brings growth opportunity for brands Business Insider The immediacy and convenience of online shopping has led to massive growth in ecommerce—and social distancing and stay-at-home orders amid the coronavirus pandemic further propelled its popularity. According to an Insider Intelligence forecast ... Flag as irrelevant
	Hollywood Reporter As WarnerMedia-Discovery Plan Merger, Who Will Be Next? Hollywood Reporter One banker, speaking with The Hollywood Reporter, mentioned medium-sized and smaller companies that could be in play, such as Lionsgate and an always popular object of M&A chatter, the post-bankruptcy James Bond studio MGM, which started exploring ... Flag as irrelevant
	CNBC From employer mandates to TV ads: What full FDA approval could mean for Covid vaccines CNBC U.S. approval of Pfizer or Moderna's vaccines can also have far-reaching impacts beyond the companies who submit the applications. Pfizer and BioNTech said May 7 they began the process of applying for their biologics license under expedited review. Flag as irrelevant
	Forbes 2022 Genesis G70 First Drive Review: Luxury Grows Its Sporty Side Forbes Though external updates cover only the front and rear fascias and wheels, the latest G70 assumes a sleeker, fresher look that brings it in line with Genesis' latest design language. Genesis. Of all the places to launch a refreshed sport sedan, a racetrack might ... Flag as irrelevant
	CNBC Home construction sees biggest drop since pandemic hit. Here's why CNBC Single-family housing starts dropped more than 13% in April compared with March, according to the U.S. Census. Prices for new and existing homes are at record levels, and the increases are accelerating at the fastest clip in over 15 years. Roughly 15% of ... Flag as irrelevant
	Bloomberg Walmart Jumps as 'Get Out and Shop' Ethic Spurs Boosted Forecast Bloomberg The retailer now expects earnings per share to rise by a high single-digit percentage this year, compared to earlier estimates for a slight decline. In the second quarter, that same metric is projected to fall in the low single digits, but that's still better than the mid-to- ... Flag as irrelevant
	Reuters Fidelity launches brokerage account aimed at 13- to 17-year-olds Reuters Fidelity Investments on Tuesday launched a commission-free brokerage account for 13- to 17-year-olds that lets them trade stocks on a mobile app, as well as save and spend using a debit card, in an effort to capture the next generation of investors. Flag as irrelevant
	Forbes Forget Student Loan Cancellation, Make College 3 Years Instead Forbes While some states offer heavily subsidized public colleges and univerities, it's not uncommon for some private colleges to have annual tuition of $50,000 or higher. Democrats in Congress have focused on cancelling student loan debt as a major ... Flag as irrelevant
	Reuters French broadcasters close ranks with anti-Netflix merger Reuters France's two biggest private broadcasters are closing ranks to fend off the meteoric rise of U.S. streaming platforms, hoping the desire for a national champion that can take on global video-on-demand giants will trump domestic antitrust concerns. Announcing ... Flag as irrelevant
	NPR To Be Carbon-Neutral By 2050, No New Oil And Coal Projects, Report Says NPR Enough rhetoric, it's time to act: that's the gist of a new report from the International Energy Agency, which says the world must bring about "a total transformation" of its energy systems if it hopes to reach net-zero emissions by 2050 and minimize the worst ... Flag as irrelevant
	FiercePharma AbbVie repeatedly hiked Humira, Imbruvica prices and abused patients to keep competitors at bay: report FiercePharma AbbVie owns two of the best-selling drugs in the world in Humira and Imbruvica. But to build and defend its market monopoly for the two heavyweights, the company has repeatedly raised prices and exploited the U.S. patent system, a congressional probe found ... Flag as irrelevant
	TheStreet How AT&T's Dividend Cut Will Impact These 5 Dividend Growth ETFs TheStreet It looks like the long-held fear from many dividend investors holding AT&T (T) stock is about to come true. While the current dividend yield of 6.5% is very attractive on the surface, there were concerns that the company's huge debt load, roughly $170 billion ... Flag as irrelevant
	CNBC Hackers behind Colonial Pipeline attack reportedly received $90 million in bitcoin before shutting down CNBC DarkSide, the hacker group behind the Colonial ransomware attack, received $90 million in bitcoin ransom payments, according to blockchain sleuths Elliptic. The cybercriminal gang shut down last week after losing access to its servers and as its ... Flag as irrelevant
	USA TODAY Where are the best places for a college graduate to find a job? LinkedIn's answers might surprise you. USA TODAY But depending on the industry, the odds may be just as good further off the beaten path, in smaller cities like Waco, Texas; Burlington, Vermont; or Sarasota, Florida, according to research by job site LinkedIn given exclusively to USA TODAY. Flag as irrelevant
	Bloomberg WeWork Chairman Says Demand Exceeds Pre-Pandemic Levels Bloomberg "The demand for WeWork space today is higher than it was prior to the pandemic," said Marcelo Claure, who is also chief operating officer of SoftBank Group Corp., WeWork's biggest investor, during an interview at the Bloomberg Businessweek virtual summit. Flag as irrelevant
	CNN Half of single-use plastic waste produced by just 20 companies CNN Single-use plastics -- such as face masks, medical equipment, shopping bags, coffee cups and cling film -- are made from polymers, which use fossil fuels as a base material. Flag as irrelevant
	Forbes A Capital Gains Tax Might Not Impact Many, But Those It Would Hit Face Significant Changes Forbes The capital gains tax looks like its set to rise, and that could trigger both major headaches and shifts in investing strategy for those impacted by the hike. Earlier this month, President Joe Biden announced his plan for higher levies on capital gains. Under the ... Flag as irrelevant
	The Boston Globe Health-conscious millennials are driving a boom in nonalcoholic beer The Boston Globe Connecticut-based Athletic Brewing Co. helped jump-start the nonalcoholic craft beer market. Now tough competitors are joining the party — including Sam Adams. By Jonathan D. FitzgeraldUpdated May 18, 2021, 8:13 a.m.. 2. Athletic Brewing founder Bill ... Flag as irrelevant
	ZDNet It's all about the data: Explorium's bet pays off in $75M Series C funding ZDNet Data science and machine learning are being commoditized, so it's the datasets that make the difference in the end. That's the thesis startup Explorium is capitalizing on. Flag as irrelevant
	Bloomberg Home Depot Beats, Fueled by Stimulus Funds That Won't Last Bloomberg Home Depot Inc. posted stronger-than-expected results for the first quarter, but concerns the breakneck pace of growth could slow once recent stimulus funds dry up has investors on edge. Same-store sales in the U.S., a key metric in retail, rose 29.9% in the ... Flag as irrelevant
	StreetInsider.com Sarepta's Duchenne gene therapy clears study hurdle, although questions linger BioPharma Dive Dive Brief: Sarepta Therapeutics on Tuesday disclosed results from a small but important study, showing a commercial-grade version of its gene therapy for Duchenne muscular dystrophy appears comparable to the product it used ... Flag as irrelevant
	Fox Business Study finds surprising factor when calculating car insurance -- and other factors to be aware of Fox Business This Act would require insurance carriers to use only driving-related criteria in determining eligibility and car insurance rates. Supporters of the PAID Act feel that by not focusing solely on driving records, insurance providers unfairly single out low-income ... Flag as irrelevant
	Washington Post JPMorgan elevates 2 women to run bank's biggest division Washington Post The bank said Tuesday that Marianne Lake, who was JPMorgan's chief financial officer for several years until recently, and its current CFO Jennifer Piepszak will become co-CEOs of the consumer banking business. Gordon Smith, who has run that division for ... Flag as irrelevant
	Charlotte Observer Major Duke investor calls for utility to break into 3 companies, unlock up to $15B in shareholder value Utility Dive The investment company said it believes Duke "owns one of the highest-quality and most under-appreciated collections of utility franchises in the country" but that "top-tier results have proven elusive," leaving "few benefits" for stakeholders. Flag as irrelevant
	1380 KCIM Performance Food Group to buy peer Core-Mark in $2.5 billion deal Reuters In its last fiscal year, Performance Food Group made about two-thirds of its revenue from its foodservice channel, which includes sales to restaurants, cafes and hotels. Its Vistar division that caters to vending operators and convenience stores brought in about a ... Flag as irrelevant
	Reuters CVS taps former Aetna executive as chief financial officer Reuters Guertin was with Aetna for eight years and played a key part in the U.S. insurer's $69 billion deal with CVS in 2018. He will take charge effective May 28 and will succeed Eva Boratto, who is ... Flag as irrelevant
	TheStreet MGM Resorts Rises as JP Morgan Sees Growth in Revenue, Margins TheStreet Shares of MGM Resorts (MGM) - Get Report traded higher Tuesday after analysts at J.P. Morgan upgraded the casino operator to overweight from neutral, saying "momentum at its domestic casinos, particularly in Las Vegas," continues to "build revenues and ... Flag as irrelevant
	TheStreet Tesla Shares Gain as Buyers Look to 'Squeeze' Michael 'Big Short' Burry TheStreet In papers filed with the Securities and Exchange Commission late Monday, Burry's Scion Asset Management revealed a short position worth around 800,100 shares, or just under $535 million, based on holdings of put options. Put ... Flag as irrelevant
	Fox 59 Indiana reports 21K more Hoosiers fully vaccinated, 21 additional COVID-19 deaths Fox 59 INDIANAPOLIS — The Indiana State Department of Health (ISDH) reported 21,013 additional Hoosiers are now fully vaccinated as of Monday. To date, 2,527,727 first doses of the two-dose vaccine have been administered and 2,326,908 individuals are fully ... Flag as irrelevant
	PaymentsSource Earned wage access provider DailyPay raises $500 million PaymentsSource DailyPay has raised $500 million and adds Carrick Capital Partners to its board of directors as it seeks to expand beyond earned wage access. The capital raise was separated into two fundraising efforts. The first is a $175 million Series D equity round that ... Flag as irrelevant
	Barron's Glaxo Has Promising News On Another Covid-19 Vaccine. Can It Compete? Barron's For the second morning in a row, GlaxoSmithKline has promising news on yet another Covid-19 vaccine entering large-scale clinical trials. But this late in the pandemic, it isn't clear what the new vaccine's future will be. Glaxo (ticker: GSK) is developing this ... Flag as irrelevant
	NerdWallet Tips for Finding Pet-Friendly Lodging and Flights NerdWallet Don't assume you can fly or stay easily when traveling with your pets. Extra planning will be needed. Sally FrenchMay 18, 2021. Many or all of the products featured here are from our partners who compensate us. This may influence which products we write ... Flag as irrelevant
	TravelPulse JetBlue Plane Diverted Due to 'Erratic' Passenger TravelPulse JetBlue's first Airbus A321neo, named after its founder, David Neeleman. A JetBlue Airbus A321neo. (Photo courtesy of JetBlue). A JetBlue flight from New York to San Francisco was forced ... Flag as irrelevant
	Detroit Free Press Stellantis, Foxconn creating Mobile Drive to supply infotainment for Jeeps, Rams Detroit Free Press Stellantis and iPhone-maker Foxconn are developing a partnership to supply not only Jeeps and Peugeots with infotainment and connected vehicle features, but also one that will supply other automakers. The two companies unveiled details Tuesday of a ... Flag as irrelevant
	nj.com SBA grants 2021 update: Is there still time to apply for $5B program for small businesses? nj.com The program, launched last month, is part of President Joe Biden's $1.9 trillion coronavirus stimulus law and is meant to benefit small businesses hit hardest by the coronavirus pandemic. "We know just how ... Flag as irrelevant
	Bloomberg Japan's Economy Shrinks in Emergency, Raising Double-Dip Fears Bloomberg Japan's economy shrank more than expected during the first three months of the year, raising the possibility of a double-dip recession as the country struggles to contain infections and speed up its vaccine rollout. Flag as irrelevant
	The Hill Unruly Delta passenger facing $52500 fine The Hill A Delta Air Lines passenger is facing a $52,500 fine after allegedly trying to open the cockpit door during a flight, physically assaulting a flight attendant and refusing to comply with crew members' instructions. The Federal Aviation Administration (FAA) ... Flag as irrelevant
	Politico NTSB: Tesla owner was in driver's seat before April Texas crash Politico In its preliminary report on a widely reported April Tesla crash in Harris County, Texas, NTSB found that the driver had gotten into the driver's seat upon leaving his home, though local investigators have previously said they were "100 percent sure" no one was ... Flag as irrelevant
	WorldOil Growing oil demand, shrinking stockpiles push Brent crude past $70 WorldOil (Bloomberg) --Brent oil topped $70 a barrel with optimism building about the demand outlook in key regions such as the U.S., and on signs that a glut built up last year has been whittled away. The global benchmark added as much as 1.1% reaching its ... Flag as irrelevant
	cleveland.com Kraft Heinz Foods Co. recalls frozen soup cleveland.com Four-pound tubs of "Chef Francisco Minestrone Condensed Soup" with a "Chef Francisco Vegetable Beef and Barley Condensed Soup" label contains lot code LD28120FT1 on the label. The same lot code is on the 16-pound cases it was distributed in, under " ... Flag as irrelevant
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