Google Alert - finance

	finance As-it-happens update ⋅ June 1, 2021
	NEWS
	Reuters OPEC+ seen sticking with supply plan with Iran's oil yet to return Reuters LONDON (Reuters) -OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting on Tuesday, five OPEC sources said, as producers balance expectations of a recovery in demand against a possible increase in Iranian supply. Flag as irrelevant
	The New York Times A Rural-Urban Broadband Divide, but Not the One You Think Of The New York Times "From a political perspective, the biggest political capital is behind accelerating deployment where there is none, which means in rural areas." There is a political and economic logic to devoting billions of taxpayer dollars ... Flag as irrelevant
	Forbes Forget AT&T: These 3 Reliable Dividends Pay Up To 9.8% Forbes The move is especially infuriating because, as recently as April, we were hearing a lot about why the company would likely hike its payout in 2021, and management had stood by the dividend. That's now ... Flag as irrelevant
	Bloomberg Scotiabank Exceeds Estimates on Residential, Business Loans Bloomberg Bank of Nova Scotia's recent investments in its Canadian business are paying off as gains in mortgage and business lending helped fiscal second-quarter earnings top analysts' estimates. Profit in the Canadian banking unit rose 94% to C$927 million ($769 ... Flag as irrelevant
	Forbes Hybrid Workplaces Present Huge Risks. Here's How To Mitigate Them Forbes As vaccination rates continue to rise and many countries have overcome the worst of the pandemic, business leaders are determining their workplace model going forward. Many are learning that this requires hard choices. While organizations that were ... Flag as irrelevant
	CNET Verizon's latest deal offers deep discounts on iPhone 12, Galaxy S21 to new and existing users CNET The promotion, which the carrier touts as the "biggest Verizon 5G upgrade campaign ever" will offer users up to $700 towards a new iPhone 12 or $800 towards a new Galaxy S21 5G. Flag as irrelevant
	Motley Fool Better Buy: Zoom Video Communications vs. Microsoft Motley Fool Zoom's brand became synonymous with video conference calls as more people stayed at home, worked remotely, and took online classes. Microsoft's cloud, gaming, and Surface businesses benefited from stay-at-home trends, and offset the temporary ... Flag as irrelevant
	Motley Fool 3 Drawbacks of Using Only a 401(k) for Retirement Motley Fool A 401(k) is a great retirement savings account for most people. It's very easy to use since your employer manages it. It comes with big tax breaks. And your employer might even give you free money to put into it if the company you work for matches 401(k) ... Flag as irrelevant
	Reuters Sotheby's to sell 'first' NFT in online auction Reuters Auction house Sotheby's hopes to appeal to both traditional art collectors and crypto enthusiasts with a sale of digital art in the form of non-fungible tokens (NFTs). The online auction is the latest step by a major auction house to embrace NFTs - a form of ... Flag as irrelevant
	Financial Express PRECIOUS-Gold steadies near 5-month peak on subdued dollar Reuters ... * Focus on U.S. payrolls data on Friday. * Silver hits two-week high. * Spot gold may rise into $1,932-$1,953/oz range- technicals (Updates prices, adds comments). June 1 (Reuters) - Gold steadied near a 5-month peak on Tuesday, buoyed by a subdued ... Flag as irrelevant
	Forbes Kamalanomics: Vice President Harris Outlines Her Vision Of Inclusive Entrepreneurship Forbes The pandemic has prompted a surge in entrepreneurship, voluntary and involuntary. The United States' first female, Black and Asian-American vice president shares her ideas in an exclusive essay for Forbes on how to leverage this moment to ensure that ... Flag as irrelevant
	RTE.ie Euro zone inflation surges past ECB target in May Reuters FRANKFURT, June 1 (Reuters) - Euro zone inflation surged past the European Central Bank's elusive target last month, heightening a communications challenge for policymakers who will happily live with higher prices for now but may face a backlash from ... Flag as irrelevant
	Bloomberg Italy's Spending Drives Unexpected First-Quarter Economic Growth Bloomberg The government pumped over 170 billion euros ($208 billion) into the euro area's third-largest economy over the past year. Results are starting to show in areas like non-residential construction, which grew 5.2% on the quarter. Investments in housing also ... Flag as irrelevant
	Seattle Times CEO says Airbnb's future is about 'living,' not just travel Seattle Times COVID-19 has precipitated "the most profound change in travel since the airplane," says Brian Chesky, chief executive officer and co-founder of Airbnb. Speaking over Zoom shortly after presenting a site revamp consisting of 100 (mostly granular) ... Flag as irrelevant
	Barron's AMC Stock Is Soaring. The Logic Behind the Meme Stock Madness. Barron's Meme stocks don't play by conventional rules. For evidence, just look at theater operator AMC Entertainment, whose shares are surging after the company announced it had sold stock. That's not supposed to be the reaction. Typically, shares are weak when a ... Flag as irrelevant
	Bloomberg J&J Must Pay $2.1 Billion Talc Award as Top Court Rejects Appeal Bloomberg Johnson & Johnson must pay a $2.1 billion award to women who claimed its baby powder was contaminated with cancer-causing asbestos, after the U.S. Supreme Court left intact the largest verdict in the almost decade-long litigation over the iconic product. Flag as irrelevant
	Bloomberg Daimler, Nokia End Mobile Tech War That Threatened Car Sales Bloomberg Daimler AG and Nokia Oyj settled their dispute over the licensing of wireless technology patents in cars, ending a legal battle that has been been watched beyond the auto industry and initially threatened sales of the iconic Mercedes brand in its home country. Flag as irrelevant
	Crain's Chicago Business UPDATE 1-Old National, First Midwest to merge in $6.5 bln deal Reuters (Adds transaction details, background). June 1 (Reuters) - Old National Bancorp and First Midwest Bancorp Inc have agreed to merge in an all-stock deal valued at about $6.5 billion, creating a lender with $45 billion in assets. First Midwest investors will ... Flag as irrelevant
	TechCrunch Cloudera to go private as KKR & CD&R grab it for $5.3B TechCrunch Cloudera was once one of the hottest Hadoop startups, but over time the shine has come off that market, and today it went private as KKR and Clayton, Dubilier & Rice, a pair of private equity firms announced they intended to purchase Cloudera for $5.3 billion ... Flag as irrelevant
	CNN Amazon to help during hurricane season with quick delivery of disaster relief supplies CNN An Amazon disaster hub in Georgia, which will help the Red Cross and other organizations deliver critical supplies to disaster zones. (CNN) The 2021 ... Flag as irrelevant
	Insurance Journal Generali Completes Purchase of AXA's Greek Units, Forms Bancassurance Agreement Insurance Journal Generali has completed the acquisition of AXA Group's Greek subsidiary, AXA Insurance S.A., for €167 million ($204 million) in cash. The acquisition, which comprises AXA's life & savings and property/casualty businesses (P/C), was first announced on Dec. Flag as irrelevant
	Barron's The FDA Biogen Decision Is High Stakes for All Biotech Stocks. Here's Why. Barron's In a note out early Monday, RBC Capital Markets analyst Brian Abrahams lays out the potential second-order effects of the aducanumab decision. He says not only to be ready for a dramatic move in Biogen stock ... Flag as irrelevant
	The New York Times Krispy Kreme reveals its plans for an initial public offering trading as DNUT. The New York Times Krispy Kreme, the doughnut giant owned by the European investment firm JAB Holding, is planning to sell stock to the public. The company revealed its financials for the first time on Tuesday as it prepares for a public listing in the United States. The company's ... Flag as irrelevant
	CNBC Treasury yields climb as investors digest higher inflation prints CNBC Bonds yields rose on Tuesday, as investors digested last week's inflation data and look ahead to Friday's all-important jobs report. The yield on the benchmark 10-year Treasury note ticked up to 1.62% shortly before 8 a.m. ET, while the yield on the 30-year ... Flag as irrelevant
	Reuters Ford's electric Mustang tops Norway car sales in May Reuters Battery electric vehicles made up 60.4% of all new cars sold in Norway last month, the Norwegian Road Federation (OFV) said, up from 43.1% a year ago as the country seeks to become the first to end the sale of petrol and diesel engines by 2025. Flag as irrelevant
	Houston Chronicle BP to buy $220 million of solar projects, expanding renewables footprint Houston Chronicle The British oil major on Tuesday said it reached an agreement with Austin independent solar developer 7X Energy to purchase its pipeline of solar development projects in 12 states, primarily in Texas. The deal, which is expected ... Flag as irrelevant
	Reuters Abbott cuts 2021 profit forecast on lower COVID-19 testing demand Reuters "This has been driven by several factors, including significant reductions in cases in the U.S. and other major developed countries, accelerated rollout of COVID-19 vaccines globally and, most recently, U.S. health authority guidance on testing for fully vaccinated ... Flag as irrelevant
	Investor's Business Daily Dow Jones Today Leads, Stocks Climb Ahead Of PMI Data; Oil Prices Surge; AMC, Cloudera Lead Small Cap Rally Investor's Business Daily Dow industrials led the charge out of the starting gate Tuesday, as stocks plowed into the first trading session of June. May manufacturing data boosted global markets, but U.S. data was due shortly after the open. Oil prices surged ahead of an OPEC ... Flag as irrelevant
	Bloomberg Blackstone, Starwood Boost Extended Stay Bid Amid Opposition Bloomberg Blackstone Group Inc. and Starwood Capital Group increased their offer to buy Extended Stay America Inc. amid mounting opposition to the proposed $6 billion takeover deal. The private equity firms have agreed to increase their offer by $1 to $20.50 a share, ... Flag as irrelevant
	Reuters Israel's monday.com eyes over $6 bln valuation in US IPO Reuters Israeli work management company monday.com is aiming for a valuation of more than $6 billion in its U.S. initial public offering, according to a regulatory filing on Tuesday. The company, with backers including venture capital firm Sapphire Ventures and ... Flag as irrelevant
	FierceBiotech Amgen reunites with longtime partner Kyowa Kirin in $400M dermatitis deal FierceBiotech In exchange for that $400 million and the promise of milestones worth up to $850 million, Amgen will lead development, manufacturing and sales outside of Japan for KHK4083, an antibody Kyowa Kirin is developing for moderate to severe atopic dermatitis, or ... Flag as irrelevant
	MarketWatch Not just an American headache, as a 'race for space' sends UK house prices soaring MarketWatch Bank of England deputy governor Dave Ramsden said in an interview published in the Guardian on Tuesday that the central bank was carefully monitoring the U.K.'s booming housing market, as it weighs up the possibility that a rapid recovery from the COVID- ... Flag as irrelevant
	TechCrunch Truebill raises $45 million for its personal finance app TechCrunch Existing investors Bessemer Venture Partners, Cota Capital and Eldridge Industries are also participating in today's funding round. Truebill offers several tools to help people living in the U.S. take control of their finances. One of the ... Flag as irrelevant
	Small Business Trends The Average Small Business Loan in 2020 was $71072 Small Business Trends These lenders often use alternative underwriting sources in loan applications, such as a business's credit card sales and its accounts receivable. As such, small business loans from alternative lenders are popular among small businesses that may not quality for ... Flag as irrelevant
	Reuters Uber sees gradual return of US drivers, modest decrease in wait times Reuters Uber said the week of May 17th marked a new record for drivers returning to the road since the start of 2021, with active driver hours increasing 4.4% from the previous week. Overall, Uber said ... Flag as irrelevant
	CNN Pizza Hut is bringing back a fan favorite CNN The pizza has a "cracker-thin crust" that is "sturdy enough" to hold several toppings and is cut into 16 squares. The Edge comes in four varieties, three of which have various types of meats and a vegetarian option. The limited time offering is the "perfect pizza for ... Flag as irrelevant
	MarketWatch Boeing stock rallies to pace the Dow's early gainers, after Cowen turns bullish MarketWatch Von Rumohr raised his rating on Boeing to outperform, after being at market perform since January 2020, while boosting her price target to $290 from $240. Von Rumohr said "fast improving air traffic" is bolstering ... Flag as irrelevant
	MarketWatch J&J Gets FDA Breakthrough Designation for Teclistamab in Multiple Myeloma >JNJ MarketWatch Johnson & Johnson's Janssen Pharmaceutical Cos. unit on Tuesday said the U.S. Food and Drug Administration granted breakthrough-therapy designation to teclistamab in the treatment of relapsed or refractory multiple myeloma, an incurable blood cancer ... Flag as irrelevant
	Reuters Tencent sued over 'inappropriate' content in Honor of Kings game Reuters Beijing Teenagers Law Aid And Research Center said it filed the lawsuit in a Beijing court on Tuesday, to mark the implementation of an amended protection of minors law. The suit, whose content Reuters could not ... Flag as irrelevant
	Forbes Klarna Partners with A$AP Rocky as Rapper Becomes a Shareholder MarketWatch By Dominic Chopping. STOCKHOLM--Sweden's Klarna Bank AB said Tuesday that musician and actor Rakim Mayers, better known as A$AP Rocky, has become a shareholder in the company and will assume the role of chief executive for a day as part of a ... Flag as irrelevant
	ETF Trends Are Meme Stocks Back? A GameStop-Heavy ETF's Retail Rebound ETF Trends Are the meme stocks back? GameStop (NYSE: GME) surged 25.57% last week, accounting for nearly all of the stock's May gain of 26%. Lingering enthusiasm for GameStop shares is beneficial to some exchange traded funds, including the Invesco S&P ... Flag as irrelevant
	MarketWatch Sibanye-Stillwater to Buy Back Up to 5% of Shares MarketWatch By Joe Hoppe. Sibanye-Stillwater Ltd. said Tuesday that it will launch a share buyback program, repurchasing up to 5% of its ordinary shares on the market in issue as of May 31. The Johannesburg-listed precious metals miner will buy back up to 147.7 million ... Flag as irrelevant
	CBS News Krispy Kreme has given away over 1.5 million doughnuts to vaccinated Americans CBS News Vaccinated doughnut lovers can continue getting a free Original Glazed doughnut every single day through the end of 2021. And the company is doubling down for National Doughnut Day. Flag as irrelevant
	MarketWatch Trip.com Approved to Sell Tripadvisor Holdings Under Expanded Partnership MarketWatch By Dave Sebastian. Trip.com Group Ltd. has been approved to sell a portion of its holdings in Tripadvisor Inc., comprising about 6.95 million shares as of April 16, to meet corporate needs, the companies said. The waiver under the governance agreement is ... Flag as irrelevant
	Advanced Manufacturing 3D Systems Sells On Demand Manufacturing Business for $82M MarketWatch The company said its sole reason for divestiture of the business is to put its focus and investment priorities on additive manufacturing. 3D Systems said recently it was investing in a 50,000-square-foot expansion of ... Flag as irrelevant
	Fortune AMD adds Tesla as a customer after winning over the PC market Fortune AMD processors and graphics chips will be used in the infotainment systems of newly updated Tesla Model S and Model X electric cars, which are expected to go on sale in a few weeks. With AMD's more powerful ... Flag as irrelevant
	MarketWatch Sonim Technologies CEO Tom Wilkinson Leaving MarketWatch By Chris Wack. Sonim Technologies Inc. said Tom Wilkinson, who has served as chief executive Officer since October 2019, will depart the company. "We appreciate Tom's service and wish him well," said John Kneuer, chairman of the board of directors. Flag as irrelevant
	kwwl.com Iowa gas prices fell 1.5 cents in the past week, still 94 cents higher than a year ago kwwl.com "With the summer driving season now officially begun, gas prices have clung to a $3 per gallon average on continued strong demand as Americans take to the roads amidst a continued economic recovery," Patrick De Haan, head of petroleum analysis for ... Flag as irrelevant
	Financial Times M&C Saatchi lifts profit outlook as advertising spend recovers Financial Times Moray MacLennan, M&C Saatchi chief executive, said the agency's performance so far this year had been "encouraging", adding that the company had benefited from an "unexpectedly lively new business market" in the first quarter. Flag as irrelevant
	Reuters Domino's to hire 5000 staff in UK as demand ramps up Reuters Domino's Pizza Group (DOM.L) said on Tuesday it would hire 5,000 pizza chefs and delivery drivers to bolster its 1,100 UK stores as customer demand heats up. The move comes as British pubs and restaurants that reopened after months of lockdown face a ... Flag as irrelevant
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