Google Alert - finance

	finance As-it-happens update ⋅ May 18, 2021
	NEWS
	Reuters Dollar slides to 2-1/2 month low as Fed rate hike fears subside Reuters NEW YORK (Reuters) - The dollar dipped on Tuesday for the fourth straight session, reaching its lowest level against a basket of currencies since late February on waning fears that inflation spikes could prompt the Federal Reserve to raise interest rates ... Flag as irrelevant
	Reuters Kodak says NY AG is pushing the Martin Act too far in threatened suit. Is she? Reuters James' case, according to Kodak, will allege that Kodak CEO James Continenza engaged in insider trading last June when he purchased about 47,000 Kodak shares as the company was discussing a prospective loan from the federal government to develop ... Flag as irrelevant
	CNBC Teens can now trade and save for free with Fidelity. What parents should keep in mind CNBC The accounts are available to teens whose parents or guardians have Fidelity accounts and allow young people to save, as well as buy and sell U.S.-listed stocks, most exchange-traded funds and Fidelity mutual funds. Flag as irrelevant
	Reuters Skadden, Weil steer Performance Food's snack supplier buy Reuters Skadden, Arps, Slate, Meagher & Flom and Weil, Gotshal & Manges are steering food distributor Performance Food Group Co's plans to acquire major convenience store supplier Core-Mark Holding Co Inc in a $2.5 billion deal. Performance Food Group said ... Flag as irrelevant
	MarketWatch A plant-based COVID-19 vaccine from a GlaxoSmithKline alliance with Medicago shows strong antibody response MarketWatch Trial participants have 10 times more antibodies in their systems than patients recovering from COVID-19. Vials on a production line at a GSK factory that will be used in the collaboration with Canada's Medicago. francois lo presti/Agence France-Presse/Getty ... Flag as irrelevant
	USA TODAY Bank of America to boost minimum wage to $25 an hour for its employees by 2025 USA TODAY The Charlotte-based banking giant is the latest U.S. corporation to increase the minimum hourly wage paid to its workers as the country continues to rebound from the COVID-19 pandemic that caused massive layoffs last year. Flag as irrelevant
	NPR Half Of The World's Plastic Waste Is Caused By Just 20 Companies, Says A New Report NPR The report, published Tuesday by Australia's Minderoo Foundation, offers one of the fullest accountings, to date, of the companies behind the production of single-use plastics that researchers believe could account for as much as 10% of global greenhouse ... Flag as irrelevant
	Forbes China Cracks Down On Crypto Business, Saying 'Speculative' Trading 'Seriously Infringing' On Financial Order Forbes Chinese financial officials announced Tuesday that the country would crack down on financial institutions conducting cryptocurrency business or offering related services in light of the market's recent volatility, marking another blow to the nascent market ... Flag as irrelevant
	Chicago Tribune Complaint alleges discrimination in woman's home appraisals Chicago Tribune Homeowner Carlette Duffy is photographed at the Fair Housing Center of Central Indiana on Thursday, May 6, 2021, in Indianapolis. A housing discrimination complaint filed by Indianapolis homeowner, Duffy, alleges that the value of her home increased by ... Flag as irrelevant
	Regulatory Focus Recon: FDA rebukes CytoDyn over COVID drug claims; BMS to pay up to $1.4B for Agenus cancer drug Regulatory Focus Welcome to Regulatory Reconnaissance, your daily regulatory news and intelligence briefing. In Focus: US. FDA issues major rebuke to CytoDyn over claims on Covid-19 drug (STAT) (Endpoints) (FDA); Biden Pledges to Export Millions of FDA-Authorized ... Flag as irrelevant
	Motley Fool Why Plug Power, Bloom Energy, and Nikola Stocks All Popped Today Motley Fool The market is dipping into the red again Tuesday, but one specific part of the market, fuel cell stocks, is bucking the trend and going higher. As of 2:55 p.m. EDT, shares of industry bellwether Plug Power (NASDAQ:PLUG) are leading the pack higher with an ... Flag as irrelevant
	Bloomberg Brooks Brothers' Ex-Owners Sued for $100 Million by Shareholder Bloomberg The shareholder, TAL Apparel Ltd., alleges that former chairman and chief executive officer Claudio Del Vecchio and his son Matteo refused to pursue certain bids for Brooks Brothers in 2019 because those deals would have forced them to pay TAL millions of ... Flag as irrelevant
	Entrepreneur Fisker Inc. Goes On Alert For Short-Squeeze Potential Entrepreneur The only bad news is the Q1 GAAP loss widened to $0.63 and missed the consensus by $0.46. This is due in part to the recently announced Pear Project with Foxconn as well as increased spending in the buildup to Ocean production. Flag as irrelevant
	NBC Southern California The Grove's newest restaurant is a $1000 trolley ride with sushi and wine. Yes, really Los Angeles Times A long table with place settings sits on the top deck of a trolley. Bistro 1759 will serve a four-course menu, with wine and cocktail pairings, atop the double-decker trolley at the Grove. Flag as irrelevant
	Seattle Times Congress demands records to investigate quality lapses at Boeing Seattle Times Spurred by Boeing's recent litany of quality defects in production of the 787 Dreamliner, the 737 MAX and the 767-based KC-46 tanker, a congressional committee sent letters Tuesday to both Boeing and the Federal Aviation Administration seeking pertinent ... Flag as irrelevant
	Quartz Facebook is trying to emulate China's e-commerce model Quartz On their Facebook brand pages or in the Shop tab on Facebook's app, companies including Sephora, Abercrombie & Fitch, Bobbi Brown, and Clinique will stream live to viewers, entertaining them, talking trends, and demonstrating products. Flag as irrelevant
	Forbes Can Target Stock Trade Higher Post Q1 Earnings? Forbes Trefis estimates Target's Q1 2021 revenues to be around $22.2 Bil, 2% ahead of the consensus estimate of $21.8 Bil. The Covid-19 crisis boosted sales of essential products at both Target's online and brick-and-mortar stores. Consequently, the retailer's ... Flag as irrelevant
	CNBC Scrap the sale of gasoline cars and stop investing in fossil fuels to meet net-zero targets, IEA says CNBC The IEA says achieving net-zero target requires an "unprecedented transformation of how energy is produced, transported and used globally." Under its scenario, solar photovoltaic and wind will become the planet's leading sources of electricity before the end ... Flag as irrelevant
	MarketWatch Jiuzi stock rockets past IPO price in very volatile trading MarketWatch The company raised $26.0 million as it sold 5.2 million shares in its IPO, which priced at $5, compared with previous expectations for the company to sell 5.0 million shares between $4 and $6 a share. Boustead Securities was the IPO's underwriter. Flag as irrelevant
	Forbes Does Johnson & Johnson's Covid Vaccine Still Matter? Forbes Although Johnson & Johnson (NYSE:JNJ) began the rollout of its Covid-19 vaccine in the United States in early March 2021, it is seeing a very slow deployment. Just about 600k doses were allocated to states for the week of May 10th, compared to over 10 ... Flag as irrelevant
	Motley Fool JPMorgan Puts Two Front-Runners to Succeed CEO Dimon in Charge of Consumer Bank Motley Fool As the new heads of the CCB, Lake and Piepszak will be responsible for home lending, auto finance, small business lending, U.S. wealth management, and Chase's consumer banking and credit card businesses. The bank's CCB last year generated more than ... Flag as irrelevant
	Food Business News Eat Just's cultured meat division raises $170 million Food Business News SAN FRANCISCO — Eat Just, Inc., a maker of plant-based egg alternatives, has secured $170 million in funding to scale Good Meat, its cell-based meat subsidiary. The latest investment from funds managed by UBS O'Connor, a hedge fund manager within ... Flag as irrelevant
	The New York Times How all the talk about inflation could complicate matters for the Fed. The New York Times Interest in inflation has jumped this year for both political and practical reasons. Republicans, and even some Democrats, have been warning that the government's hefty pandemic spending could push inflation higher. And as the economy gains ... Flag as irrelevant
	American Banker The fintech Amount raises $100M from Goldman Sachs, Barclays, others American Banker Investors in Chicago-based Amount include the growth-equity firm WestCap, Hanaco Ventures, Goldman Sachs, Invus Opportunities and Barclays Principal Investments. Flag as irrelevant
	CBS News Last year's hottest Wall Street fund manager enters a deep freeze CBS News Cathie Wood, one of Wall Street's fastest rising stars, has gone from best to worst in less than a year. Wood, CEO and chief investment officer at ARK Investments, had three of the six top-performing major exchange traded funds last year. ETFs, diversified ... Flag as irrelevant
	Reuters Inflation sparks buy UK stocks, sell tech shares trades - BofA survey Reuters Fund managers turned overweight on UK stocks for the first time in seven years and cut exposure to tech stocks as rising inflation leaves growth stocks vulnerable to pullbacks, Bank of America's May fund manager survey showed on Tuesday. Unprecedented ... Flag as irrelevant
	WATE 6 On Your Side Anderson County man, like millions of others, still waiting on tax return WATE 6 On Your Side In February, Bob Hazel filed his 2020 tax return electronically. He's still waiting for his refund. The Internal Revenue Service has issued nearly 82 million income tax refunds so far, but according to government reports ... Flag as irrelevant
	Barron's AMC Entertainment Stock Is Soaring Again — and the Meme Trade Won't Die Barron's It's a remarkable return to life for AMC, a popular trading vehicle on Reddit message boards earlier this year. Back then, the stock seemingly went up simply because of all the attention it was receiving on social media. Flag as irrelevant
	The Verge EXCLUSIVE-Amazon extends moratorium on police use of facial recognition software Reuters The company had issued the moratorium for one year in June 2020, at the height of protests across the United States against police brutality towards people of color, sparked by the killing of George Floyd, a Black man, during an arrest in Minnesota. Flag as irrelevant
	Energeticcity.ca Cenovus sells Marten Hills royalty interest for more than $100 million GlobeNewswire CALGARY, Alberta, May 18, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has sold its gross overriding royalty (GORR) in the Marten Hills area of Alberta to Topaz Energy Corp. for gross cash proceeds of $102 million. The sale ... Flag as irrelevant
	Wink News As travel picks up, so do scams. Beware of car rental scams Wink News The shortage is just another problem created by the COVID-19 pandemic. During the pandemic, travel came to a halt and rental cars were stored by the thousands and then sold. Now people are ... Flag as irrelevant
	Entrepreneur Cryptocurrency Millionaires Are Diversifying Into Property. You Should Be Too. Entrepreneur They can then buy back in once prices drop during the bear trend. Cryptocurrency investors are particularly aware of inflation caused by continual currency printing by central banks across the world, so they prefer not to keep such profits in cash. Flag as irrelevant
	13WHAM-TV COMIDA approves local labor waiver for Amazon development in Gates 13WHAM-TV Rochester, N.Y. – Monroe County's COMIDA board granted a local labor waiver to an upcoming Amazon development. The waiver was granted in a 4-3 vote Tuesday morning. This impacts the future Amazon warehouse slated for Manitou Road in Gates. Flag as irrelevant
	Chicago Sun-Times Portillo's brings Chicago flair to chicken sandwich wars with hot giardiniera Chicago Sun-Times Beloved restaurant chain Portillo's — known best for its Italian beef sandwiches and hot dogs — unveiled a new Chicago-style addition to its menu Tuesday: a spicy chicken sandwich. Officially hopping into the spicy chicken sandwich war with other restaurant ... Flag as irrelevant
	Valley News Live Kia recalls vehicles a 2nd time; owners should park them outside Valley News Live DETROIT (AP) — Kia is recalling more than 440,000 vehicles in the U.S. for a second time to fix a problem that can cause engine fires. The automaker also is telling owners to park them outdoors and away from structures because fires could happen when the ... Flag as irrelevant
	RoadandTrack.com The New Electric Hummer Will Weigh as Much as Four Miatas RoadandTrack.com You thought the original Hummer was huge? In its most powerful spec, the new GMC Hummer EV Edition 1 pickup will weigh 9046 lbs, nearly 1000 lbs more than the H1. Flag as irrelevant
	The Times Bill Gates Transfers $850 Million in Deere Shares to Melinda French Gates — 2nd Update Morningstar.com The 2.25 million shares, about 7% of Mr. Gates's stake in the Moline, Ill., equipment manufacturer, were transferred on Thursday and reported late Friday evening by the billionaire and his investment vehicle, Cascade Investment LLC. The filing said Mr. Gates ... Flag as irrelevant
	660 News Dixie Group: Q1 Earnings Snapshot Chron DALTON, Ga. (AP) _ The Dixie Group Inc. (DXYN) on Tuesday reported a loss of $2 million in its first quarter. The Dalton, Georgia-based company said it had a loss of 13 cents per share. The floor covering company posted revenue of $86.3 million in the ... Flag as irrelevant
	Managed Healthcare Executive Digital Behavioral Health is Growing Hand Over Fist Managed Healthcare Executive Companies are forming and investment dollars are pouring in. Can these services make mental healthcare more accessible and affordable as the pandemic leaves depression and anxiety in its wake? The COVID-19 pandemic has turned digital behavioral ... Flag as irrelevant
	WVLT.TV Former Greene Co. Sheriff's Dept. employee accused of spending nearly $30K in department funds on Amazon ... WVLT.TV KNOXVILLE, Tenn. (WVLT) - A former IT system administrator for the Greene County Sheriff's Department pleaded guilty to theft, according to the Tennessee Comptroller's Office. Investigators said Stewart Cowles misappropriated $49,826.20 from the county ... Flag as irrelevant
	E! Online Richard Montañez's story about how he invented Flamin' Hot Cheetos is inspiring. It may not exactly be true. The Counter Everyone loves a rags to riches story, and that what's we got a few years ago when outlets like The Washington Post and NBC News published the inspiring story of a Mexican-American man named Richard Montañez who went from working as a janitor at a ... Flag as irrelevant
	One Mile at a Time Capital One Improves Savor Card Bonus Categories One Mile at a Time The Savor and SavorOne credit cards are some of Capital One's most popular cash back cards, as they're especially lucrative for those who spend a lot on dining. Well, Capital One has just improved the value proposition of these cards in a major way. Flag as irrelevant
	WIAT - CBS42.com Tuscaloosa Taco Bell awards employee $25000 Live Más scholarship WIAT - CBS42.com Tuscaloosa Taco Bell on 15th Street, owned and operated by Tacala Companies, will award one of its employees, Jailen Stockdale, with $25,000 for school to pursue her passion of Community Service and Civil Engineering at Auburn University. Flag as irrelevant
	Delish.com Taco Bell Is Bringing Back The Naked Chicken Chalupa For The First Time Since 2017 Delish.com Made with all-white-meat chicken marinated in bold Mexican spices, this particular Chalupa is rolled in a crunchy coating and finished off with an a unbeatable crisp. To make it be its absolute best for your tastebuds, the N.C.C. is then topped with lettuce, ... Flag as irrelevant
	NBC Chicago Coronavirus in Indiana: 495 New COVID Cases, 21 Additional Deaths, 36K Vaccinations NBC Chicago According to the Indiana State Department of Health, the new coronavirus cases bring the state to 736,480 confirmed cases since the pandemic began. The additional deaths lifted the death toll to 13,090 with another 417 classified as probable COVID-19 deaths ... Flag as irrelevant
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