Google Alert - finance

	finance As-it-happens update ⋅ May 19, 2021
	NEWS
	Reuters Bitcoin slides below $40000 after China's new crypto ban Reuters LONDON (Reuters) -Bitcoin tumbled below the $40,000 mark on Wednesday to a 3-1/2 month low as selling in digital coins intensified after China banned financial and payment institutions from providing cryptocurrency services. Bitcoin, the biggest and ... Flag as irrelevant
	Reuters Explainer: What Beijing's new crackdown means for crypto in China Reuters SHANGHAI (Reuters) - Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrencies, marking a fresh crackdown on digital money. FILE PHOTO: A small toy figurine is ... Flag as irrelevant
	Bloomberg Crypto Lender Mistakenly Deposits Bitcoin Into User Accounts Bloomberg BlockFi Inc., a crypto-lending startup, mistakenly sent some users Bitcoin as part of a promotion and is working on reversing it. The company made what it called incorrect promo payouts in Bitcoin instead of U.S. dollars to certain customers. Though BlockFi ... Flag as irrelevant
	Forbes What Is The $1.2 Trillion Dollar Freelance Economy? Forbes But there's a deeper force than remote work you need to be aware of: the independent freelance economy. In the next 5 years, over half of your talent will choose self employment. Of those that ... Flag as irrelevant
	Reuters Wells Fargo to onboard active cryptocurrency strategy for rich clients Reuters (Reuters) - Wells Fargo & Co said on Wednesday its investment institute is planning to evaluate and onboard an actively managed cryptocurrency strategy for its wealthy clients, the latest move by a major U.S. bank toward accepting digital currencies. Flag as irrelevant
	Reuters Britain's carbon market begins trading at higher prices than EU Reuters LONDON (Reuters) -Britain's Emissions Trading System (ETS) kicked off on Wednesday as the UK strives to eliminate net emissions by 2050, with carbon prices reaching over 50 pounds ($70.77) per tonne and making the cost of polluting in Britain higher ... Flag as irrelevant
	Bloomberg Emergent Cited by Panel for Failing to Fix Vaccine Faults Bloomberg A probe by the U.S. Congress into Emergent BioSolutions Inc. found that the contract manufacturer failed to address deficiencies in vaccine production at its facilities despite warnings following a series of inspections in 2020. Emergent, which was tasked with ... Flag as irrelevant
	Bloomberg Billionaire Peter Thiel Backs Fundraiser of Brain-Computer Firm Bloomberg Billionaire investors Peter Thiel and Christian Angermayer have thrown their weight behind a technology startup that promises to help neurologically impaired patients regain lost skills with the aid of electrodes connecting the human brain with computers. Flag as irrelevant
	Barron's As Bitcoin Crashes, Coinbase and Other Cryptocurrency Exchanges Are Reeling Barron's Several large exchanges, including Coinbase and Binance, experienced outages Wednesday morning. Crypto stocks are also falling hard. Shares of Coinbase Global (ticker: COIN) were off 8% to $219. MicroStrategy (MSTR) tumbled 10% to $437. And the ... Flag as irrelevant
	MarketWatch UK stocks drop as consumer prices surge and commodities tumble MarketWatch That marks a high since the beginning of the COVID-19 pandemic, but still far short of the Bank of England's official 2% target, and some don't expect a sharp U-turn on monetary policy. Flag as irrelevant
	Bloomberg Target Expects a More Profitable 2021 After Its Sales Soar Bloomberg Target Corp. said it expects wider 2021 margins than it had foreseen earlier this year, boosted by a shift in demand toward more profitable items like apparel and home decor. The shares jumped in premarket trading. The retailer said its full-year operating ... Flag as irrelevant
	Reuters 3D printing firm Formlabs doubles valuation after $150 mln investment round Reuters Formlabs said on Wednesday it had doubled its valuation to $2 billion, after SoftBank Vision Fund 2 led a $150 million investment in the 3D printing company. Our Standards: The Thomson Reuters Trust Principles. Flag as irrelevant
	U.S. News & World Report More Drops in Big Tech Pull Stocks Lower; Bitcoin Drops 19% U.S. News & World Report Stocks were broadly lower in early trading Wednesday as the market's downturn entered into a third day. Meanwhile the price of Bitcoin and other cryptocurrencies dropped sharply. The S&P 500 index ... Flag as irrelevant
	Bloomberg Russian Metals Giant Plans Split to Focus on Green Aluminum Bloomberg Russian metals giant United Co. Rusal International PJSC plans to split off its higher-carbon assets, leaving a business focused on the fast-growing green aluminum market. Rusal, along with other producers such as Alcoa Inc. and Rio Tinto Group, is driving ... Flag as irrelevant
	Fast Company How two Southeast Asian superapps beat Uber at its own game Fast Company Out of that group came two ride-sharing startups that would evolve quite differently than their American cousins. The company now called Grab was conceived by Malaysian students Anthony Tan and Hooi Ling Tan (no relation) as their entry in a business-plan ... Flag as irrelevant
	ZDNet This is how long hackers will hide in your network before deploying ransomware or being spotted ZDNet Any time is too long; but hackers are find ways to wander through networks unseen for longer than you might expect. Flag as irrelevant
	Bloomberg Under Armour Becomes Latest Retailer to Boost Hourly Wage to $15 Bloomberg Under Armour Inc. is boosting hourly wages to better attract and keep the employees it needs to expand its online business. The sportswear retailer said it's raising the minimum wage for all U.S. employees to $15 an hour starting June 6 -- an increase of as ... Flag as irrelevant
	Healthline The 6 Best Treadmills Under $500 Healthline A quick look at the best cheap treadmills · Best overall: XTERRA Fitness TR150 Folding Treadmill · Best for beginners: Sunny Health & Fitness Space Saving Folding Treadmill · Best folding: MaxKare Folding Treadmill Electric Motorized Running Machine · Best for ... Flag as irrelevant
	CNET Opel Manta GSe electric sports car bows with 147 hp and a stick CNET Build it, build it now! Opel. With baby Plymouth 'Cuda looks and an eye-grabbing neon yellow paint job, the Opel Manta returned in a big way on Wednesday. After a handful of teasers showing off various parts, the German automaker pulled the wraps off the ... Flag as irrelevant
	Chicago Tribune Southwest says June flights expected to be 85% full and fares are rising Chicago Tribune DALLAS — Southwest Airlines said Wednesday that bookings are improving and leisure-travel fares for June are approaching pre-pandemic levels, further signs that the airline industry is recovering from a deep slump. The Dallas-based airline said the ... Flag as irrelevant
	MarketWatch Amazon reveals new Alabama warehouse, 500 news jobs after union defeat MarketWatch The company said the 1 million-square-foot order fulfillment center would be built near a new vehicle factory in Limestone County. Amazon already has warehouses near Mobile and in suburban Birmingham, where employees last month voted decisively ... Flag as irrelevant
	Bloomberg Cable Billionaire Malone May Take $280 Million Hit on AT&T-Discovery Deal Bloomberg John Malone, the billionaire investor and media executive, may see the value of his Discovery Inc. shares cut by almost $280 million as a result of its merger with AT&T Inc.'s media businesses -- a deal he vigorously supports. Malone owns 6.19 million ... Flag as irrelevant
	TravelPulse CDC, Florida Ordered To Resolve Cruise Lawsuit Outside of Court TravelPulse According to the South Florida Sun-Sentinel, the mediator was provided instructions by U.S. District Judge Steven Merryday to hear the positions of both sides before June 1 and help come to an agreement outside the court system. Flag as irrelevant
	CNN Burger King launches new chicken sandwich nationwide CNN Since then, it has been rolling out the sandwich — served on a potato bun with pickles and a savory sauce — across its US stores. The battle for crispy chicken supremacy has been heating up since Popeyes' chicken sandwich debuted in 2019 and sold out ... Flag as irrelevant
	Barron's Wall Street Is Looking Past the Labor Claims Facing Uber and Lyft. Yet They Could Cost Billions Barron's The state's labor commissioner also has similar litigation pending. Repaid at an average Internal Revenue Service reimbursement rate of 56 cents per mile for four years would be $9.6 billion. And those expenses are only one portion of ... Flag as irrelevant
	Bloomberg KKR to Buy Infrastructure Group John Laing for $2.8 Billion Bloomberg KKR & Co. agreed to buy John Laing Group Plc for about 2 billion pounds ($2.8 billion), partnering with another investor to secure a global infrastructure portfolio with potential for further growth. The U.S. private-equity giant said Wednesday it will pay 403 ... Flag as irrelevant
	Yahoo Tech Zoom is launching a dedicated Events platform Yahoo Tech Having profited from the dearth of physical events during the pandemic, Zoom is hoping virtual gatherings are here to stay. The video chat service is today announcing an events platform that gives businesses and social users a place to create and share ... Flag as irrelevant
	TechCrunch Blue Origin reveals highest bid for a seat on its first human spaceflight, currently at $2M TechCrunch Blue Origin is taking a novel approach to selling the first available private spaceflight seat on its New Shepard rocket, with an auction that will award the spot to the highest bidder. The company used a sealed bidding process for the first part of the contest, but ... Flag as irrelevant
	MarketWatch JetBlue to enter transatlantic market with $599 roundtrip ticket to London from JFK MarketWatch JetBlue Airways Corp. JBLU, -2.64% said Wednesday it will enter the transatlantic market, starting Aug. 11 with service between New York's JFK airport and London's Heathrow Airport (LHR). The air carrier will expand its service from JFK to London's Gatwick ... Flag as irrelevant
	Fast Company P&G's Gillette Venus seeks to normalize pubic hair with quirky tune Marketing Dive The effort to normalize such terms and images mirrors that of direct-to-consumer (DTC) razor brand Billie, which P&G tried to acquire before an FTC antitrust complaint caused the companies to call off the deal. Flag as irrelevant
	Entrepreneur Bitcoin Will Hit $250000 in 2021 From This 'Rocket Fuel,' Says Goldman Sachs Alum Entrepreneur Pal says a long-awaited U.S. exchange-traded fund should be announced by September. It should boost digital assets and lift prices across the whole crypto market "due to new sources of demand from RIA's [registered investment advisers] and asset managers ... Flag as irrelevant
	cleveland.com SBA denied your PPP loan forgiveness request? Here's what to do next. cleveland.com The Small Business Administration's Paycheck Protection Program is winding down — but if your PPP loan forgiveness application is denied, your work might just be beginning. Despite earlier interim rules released in 2020 that provided only a bare set of ... Flag as irrelevant
	cleveland.com Cleveland Metroparks expanding mountain bike trail, adding 'pump track' cleveland.com CLEVELAND, Ohio — Cleveland Metroparks announced plans Wednesday morning that should put a smile on the faces of bicycling enthusiasts. The parks system is planning to add a "pump track" in the Ohio & Erie Canal Reservation and also will expand a ... Flag as irrelevant
	The New York Times Amazon indefinitely extends a moratorium on the police use of its facial recognition software. The New York Times Amazon said Tuesday that it would indefinitely prohibit police departments from using its facial recognition tool, extending a moratorium the company announced last year during nationwide protests over racism and biased policing. The tool has faced scrutiny ... Flag as irrelevant
	The New Indian Express Royal Enfield to recall 236966 motorcycles over defect in ignition coil The New Indian Express The company will call in Meteor motorcycles manufactured and sold between December 2020 and April 2021, and the Classic and Bullet manufactured and sold between January and April 2021 ... Flag as irrelevant
	Moneycontrol.com Gamestop, AMC short sellers sit on nearly $1 billion loss: Report Moneycontrol.com Investors are estimated to have lost $930 million (roughly Rs. 6,790 crores) on their short positions in meme stocks GameStop and AMC Entertainment over the last five trading days, data from financial analytics firm Ortex showed on Tuesday. Shares in ... Flag as irrelevant
	Evening Standard Pub bosses hail 'phenomenal' trading but warn financial recovery depends on June 21 full reopening Evening Standard B. osses at two of Britain's biggest pubcos today hailed "phenomenal" and "pleasantly surprising" reopening trading, but reiterated warnings that a June 21 full return to normal is essential for profitable operations as they reported large lockdown losses. Flag as irrelevant
	Progressive Grocer Amazon phases out Go Grocery Grocery Dive Amazon is phasing out its Go Grocery brand just over a year after launching it, the company confirmed Tuesday. The e-tailer will continue to operate its first Go Grocery location in Seattle's Capitol Hill neighborhood and rebrand it under the Amazon Fresh ... Flag as irrelevant
	Driving Toyota releases teaser of its gigantic-looking all-new 2022 Tundra pickup Driving In the 2022 Toyota Tundra teaser – try saying that fast five times – the truck has a centre light in its grille, L-shaped headlamps and LED running lights, and what appear to be amber clearance lights. Flag as irrelevant
	National Post The flamin' hot controversy around the Cheetos origin story National Post Fuelled by the redder than red dust of Flamin' Hot Cheetos, a Frito-Lay janitor rose through the ranks to become a high-powered executive. So goes the against-all-odds story of Richard Montañez, self-proclaimed creator of the wildly popular spicy snack. Flag as irrelevant
	The Spoon Daring Secures $40M in Series B Round for Plant-Based Chicken The Spoon Daring, which makes realistic plant-based chicken analogues, this week announced a $40 million Series B funding round. According to a press release sent to The Spoon, D1 Capital Partners led this round, with participation from Maveron, Palm Tree Crew, ... Flag as irrelevant
	CNN Pfizer confirms Covid vaccine will be manufactured in Ireland Siliconrepublic.com The pharma company is planning to invest up to $40m at its Grange Castle site and will recruit for an additional 75 roles. Ireland is to start manufacturing the Pfizer-BioNTech Covid-19 vaccine. Pfizer said today (19 May) that it is bringing on an additional ... Flag as irrelevant
	The Hindu BusinessLine Happiest Minds rises on executing project for Coca Cola United Business Standard Happiest Minds Technologies rose 2.62% to Rs 767.75 after the IT solutions company announced that it has successfully executed a digital transformation project for Coca Cola Bottling Company United. The order is for streamlining Coca Cola United's order ... Flag as irrelevant
	McKnight's Senior Living OSHA, EEOC reviewing CDC guidance McKnight's Senior Living The Occupational Safety and Health Administration and Equal Employment Opportunity Commission are reviewing the Centers for Disease Control and Prevention's new guidelines about mask-wearing before releasing its own guidance. The CDC now says ... Flag as irrelevant
	U.S News & World Report Money 7 Best Performing Cathie Wood Stocks U.S News & World Report Money Ark Invest has dominated the growth investing world recently. Cathie Wood, Ark's founder, has become a prominent influencer – and it's not hard to see why. Her flagship Ark Innovation ETF (ticker: ARKK) has soared 480% over the past five years. Riding the ... Flag as irrelevant
	CBS46 News Atlanta FanDuel moving tech operations to Midtown Atlanta, bringing hundreds of jobs CBS46 News Atlanta "I'm proud to welcome FanDuel to the Peach State, and I look forward to seeing the countless opportunities this project creates for the hardworking Georgians across metro Atlanta," said Governor Kemp. Flag as irrelevant
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