Google Alert - finance

	finance As-it-happens update ⋅ June 25, 2021
	NEWS
	Reuters S.Africa crypto exchange brothers disappear after client cash vanishes, lawyers say Reuters JOHANNESBURG, June 25 (Reuters) - Lawyers for investors in a cryptocurrency exchange in South Africa, which told clients in April their accounts had been hacked, say $3.6 billion has disappeared from the platform and that the two brothers who ran it ... Flag as irrelevant
	Bloomberg Bitcoin, Fannie-Freddie and Hertz: Investments in the Spotlight Bloomberg The U.S. Supreme Court dealt a blow to Fannie Mae and Freddie Mac investors on Wednesday, throwing out their claim that the federal government exceeded its authority by collecting more than $100 billion in profits from the government-sponsored ... Flag as irrelevant
	U.S. News & World Report Break Them Up? 5 Ways Congress Is Trying to Rein in Big Tech U.S. News & World Report WASHINGTON (AP) — Groundbreaking legislation is advancing in Congress that would curb the market power of tech giants Facebook, Google, Amazon and Apple and could force them to untie their dominant platforms from their other lines of business. Flag as irrelevant
	The New York Times Celebrity Cruises will be the first cruise line to resume sailing from a US port. The New York Times A survey finds support for halting federal unemployment benefits. Spanx, the shapewear pioneer, may sell itself, and private equity is interested. Larry Summers is still ... Flag as irrelevant
	Reuters Fed's Kashkari says inflation will be temporary, workers will return Reuters (Reuters) -Minneapolis Federal Reserve President Neel Kashkari on Friday said he expects recent high inflation readings will not last and Americans will return to the labor market in large numbers in the fall. FILE PHOTO: Minneapolis Federal Reserve Bank ... Flag as irrelevant
	Reuters Shell buys BP's stake in North Sea field, scrapping previous deal Reuters "This is part of a multi-year strategy, following a number of earlier growth projects, to strengthen Shearwater's role as an important gas hub for UK energy supply," a Shell spokesperson said. Flag as irrelevant
	Bloomberg El Salvador Offers $30 of Bitcoin to Citizens to Boost Its Use Bloomberg El Salvador President Nayib Bukele doubled down on the country's new law making Bitcoin legal tender and offered $30 worth of the cryptocurrency to any citizen who signs up for a digital wallet. The government will create its own Bitcoin wallet called Chivo, ... Flag as irrelevant
	Forbes A Dose Of Inflation May Be Just What Retailers Need Forbes Like the Chinese character that means both crisis and opportunity, the recent spike in the Consumer Price Index — inflation — may not be quite the retail calamity that some of the headlines have suggested. Flag as irrelevant
	Reuters US Supreme Court curbs TransUnion 'terrorist list' lawsuit Reuters The justices ruled in TransUnion's appeal of a lower court decision that had upheld a jury verdict against the Chicago-based company in the lawsuit and had ordered it to pay $40 million in damages. The 5 ... Flag as irrelevant
	TechCrunch AWS has acquired encrypted messaging service Wickr TechCrunch Amazon's cloud services giant Amazon Web Services (AWS) is getting into the encrypted messaging business. The company has just announced that it has acquired secure communications service Wickr — a messaging app that has geared itself towards ... Flag as irrelevant
	Bloomberg Investors Chasing Housing Target Massive Pools of Airbnb Rentals Bloomberg Investors hunting for returns in the frenzied U.S. real estate market are tapping a new strategy: building massive portfolios of houses to rent out on Airbnb. A recent filing reveals that Dublin, Ohio-based ReAlpha is seeking to spend as much as $1.5 billion, ... Flag as irrelevant
	CNN Extended! Save up to 40% at Amazon with eligible Discover credit cards CNN If you're a Discover credit card holder and an Amazon shopper, you might be in luck. That's because the online retailer has extended a promotion it originally launched for Prime Day, which can help you save money on many products sold by Amazon when ... Flag as irrelevant
	Bankrate.com Best cheap homeowners insurance in Des Moines Bankrate.com Bankrate took a look at homeowners insurance companies in Des Moines and ranked them based on cost, customer satisfaction, coverage and discount options and more. The best companies provide solid, comprehensive policies at a reasonable price point ... Flag as irrelevant
	Reuters MOVES Citi names new co-heads of EMEA consumer products investment banking - memo Reuters Emre Eler and Robert Plowman will share responsibilities for the consumer business in EMEA which has been identified as a core area for growth as companies across the world adjust to changing consumer habits. "The consumer products ... Flag as irrelevant
	Motley Fool 3 Reasons to Sell AMC Stock Right Now Motley Fool Its share price has surged 2,500% this year, driven by irrational enthusiasm from retail investors looking to strike it rich. And some have certainly succeeded, becoming millionaires almost overnight. But many others are likely to get burned when the stock price ... Flag as irrelevant
	CNBC Nike shares surge more than 14%, hit record high as $50 billion sales outlook tops expectations CNBC Globally, Nike is seeing shoppers splurge on new sneakers and fashion-forward sweatsuits to wear as more people begin to socialize again. The company's Jordan brand has been a particular bright spot. At least 12 brokerages have already raised their price ... Flag as irrelevant
	MarketWatch Netflix's improving content slate could give stock new life, analyst says in upgrade MarketWatch Netflix shares have been nearly flat this year but Credit Suisse sees room for optimism as the company brings out new and high-profile content. Netflix had a lighter content slate to start the year but an analyst says that an encouraging release pipeline later ... Flag as irrelevant
	GlobeNewswire PLBY Group to Join Russell 2000 Index and Russell 3000 Index GlobeNewswire LOS ANGELES, June 25, 2021 (GLOBE NEWSWIRE) -- PLBY Group, Inc. (NASDAQ: PLBY) ("PLBY Group"), a leading pleasure and leisure lifestyle company and owner of Playboy, one of the most recognizable and iconic brands in the world, announced ... Flag as irrelevant
	FierceBiotech Is that all? FDA committee reviewing Incyte's anal cancer drug flags bevy of trial concerns from deaths to diversity FierceBiotech The FDA's Oncologic Drugs Advisory Committee (ODAC) voted 13-4 Thursday to defer a regulatory decision on Incyte's PD-1 inhibitor retifanlimab. Of the first 76 approvals for immune checkpoint ... Flag as irrelevant
	Bloomberg Didi's Ambitious IPO Marred by China Crackdown, Cash Burn Fears Bloomberg Didi Global Inc. is on the cusp of pulling off one of the biggest U.S. initial public offerings of the past decade, the culmination of five years of battling first Chinese regulators and then Covid 19. Now Beijing again threatens to spoil the party. Didi, the scrappy ... Flag as irrelevant
	Barron's Demand for Oil Is Rising. OPEC+ Is Expected to Agree to Boost Production. Barron's A pump jack in Eddy County, New Mexico. The Organization of the Petroleum Exporting Countries and their allies meet next week to review the oil market. Paul Ratje/AFP via Getty Images. Flag as irrelevant
	Fortune Your order is on its way—analysts back Just Eat Takeaway after buying spree Fortune Finding U.S. rival DoorDash bloated and overvalued, analysts are leaning toward Netherlands-based Just Eat Takeaway as meal delivery leader after gobbling up its stateside rival Grubhub. Just Eat Takeaway has been on a buying spree this pandemic, ... Flag as irrelevant
	FiercePharma AbbVie's big Rinvoq ambitions—and the larger JAK class—face even more uncertainty with latest FDA delays FiercePharma The FDA won't be able to reach decisions for Rinvoq's applications in psoriatic arthritis and ankylosing spondylitis in June as promised, AbbVie said Friday. The company didn't say whether the agency ... Flag as irrelevant
	TechCrunch Amazon and Google face UK CMA probe over fake reviews TechCrunch The UK's competition watchdog, the CMA, has opened another investigation into Big Tech — this one targeted at Amazon and Google over how well they handle (or, well, don't) fake reviews. The Competition and Markets Authority has taken an interest in ... Flag as irrelevant
	Fortune Why crypto will likely go crazy (again) in July Fortune It has been one hell of a month for cryptocurrency investors. Bitcoin, Dogecoin, Ethereum…they've all taken it on the chin and investors are rightfully exhausted. They're not likely to get a lot of rest next month. Elon Musk and Jack Dorsey, two of the biggest ... Flag as irrelevant
	Motley Fool Why Oasis Midstream Units Plunged 15% at the Open Today Motley Fool Shares of this midstream company, tied to parent Oasis Petroleum, took a hit following an after-the-close news release. Reuben Gregg Brewer. (TMFReubenGBrewer). Jun 25, 2021 at 11:00AM. Author Bio. Reuben Gregg Brewer believes dividends are a ... Flag as irrelevant
	Motley Fool Today's Mortgage Rates -- June 25, 2021: Fixed Rates Drop Motley Fool This is what mortgage rates look like today. Should you apply for a home loan now? Mortgage rates are lower today than yesterday for fixed loans. Here's what they look like on June 25, 2021: Mortgage Type, Today's Interest Rate. 30-year fixed mortgage ... Flag as irrelevant
	USA TODAY Carnival loses $2.1 billion amid COVID shutdown but says cruise bookings show 'pent-up demand' USA TODAY MIAMI — Carnival Corp. said Thursday that it lost more than $2 billion in its latest quarter as the company's cruise lines remained mostly shut down by the pandemic, but it said bookings for next year are running ahead of 2019's pace. Shares of the ... Flag as irrelevant
	Barron's Virgin Galactic Stock Is Soaring. Wall Street Might Have to Ground the Stock. Barron's Space-travel firm Virgin Galactic is seeing shares soar more than 30% in Friday trading as the company got a big piece of good news. Courtesy Virgin Galactic. Virgin ... Flag as irrelevant
	Milwaukee Journal Sentinel Mitchell airport has added new destinations, more daily flights and a new airline. Can Milwaukee hang on to them? Milwaukee Journal Sentinel People walk by the Southwest Airlines ticketing area at the General Mitchell International Airport on Sunday. The COVID-19 pandemic sent air travel into a staggering decline. As the nation emerges from the pandemic ... Flag as irrelevant
	Motley Fool Large-Cap Bank Stocks Have Fallen Over the Past Month. 3 Reasons to Buy the Dip Motley Fool 1. Share repurchases and dividends will likely increase. After recently releasing its annual stress testing results, the Federal Reserve lifted its restrictions on bank capital distributions, which have been in place in some capacity for ... Flag as irrelevant
	TechCrunch Indian healthcare startup PharmEasy to acquire majority stake in listed firm Thyrocare for over $600 million TechCrunch The transaction is subject to regulatory and other applicable customary approvals. Docon Technologies, a 100% subsidiary of API, will be the acquirer and shall make an open offer for an additional 26% stake for over $241 million, the startup said in a statement. Flag as irrelevant
	PRNewswire eBay Completes Transfer of Classifieds Business to Adevinta PRNewswire SAN JOSE, Calif., June 25, 2021 /PRNewswire/ -- eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today announced that it has completed the transfer of its Classifieds business to Adevinta in ... Flag as irrelevant
	Detroit Free Press GM CEO Mary Barra to lose access to key adviser Declan Kelly after controversy Detroit Free Press A longtime personal adviser to General Motors CEO Mary Barra will be stepping away from his duties in coming months after a controversial incident involving "inappropriate" drunken behavior at a charity event that made global headlines. Declan Kelly, an ... Flag as irrelevant
	Motley Fool Here's What Was Hurting These 3 Cryptocurrency Stocks This Week Motley Fool Last weekend, China's government was hard at work trying to stop the mining of cryptocurrencies in its country, causing the price of Bitcoin (CRYPTO:BTC) to drop. Bitcoin briefly dipped below $30,000, erasing all of its gains thus far in 2021. Flag as irrelevant
	Chicago Tribune Cyber crime expert warns businesses: 'If they don't start taking precautions now, they could be victims later' Chicago Tribune The cyberattack on Colonial Pipeline in May gained national attention, with the $4.4 million ransom demand it paid, the temporary shutdown of the company's pipeline operation and the long lines at gas stations generated by panic-buying consumers. Flag as irrelevant
	Business Wire CarMax Reports Record First Quarter Fiscal 2022 Results Business Wire We believe CarMax became the largest online buyer of used vehicles from consumers as a result of our nationwide online instant appraisal offerings, with approximately 163,000 vehicles bought in the quarter. Gross profit per retail ... Flag as irrelevant
	The Verge The Lucid Air is nearing the finish line The Verge The Lucid Air has been in the works for a very long time, nearly a decade by some accounts. The first time I rode in the 1,000-horsepower electric sedan was in Las Vegas in 2017, when Lucid Motors had an engineering prototype on hand at the Consumer ... Flag as irrelevant
	Fortune Ad-tech shares soar as Google delays major Chrome privacy push Fortune The online advertising ecosystem—tech firms, publishers, and everyone else involved in the funding of our digital economy—has been working flat-out to get ready for major Google privacy changes later this year. After all, Google will be revolutionizing online ... Flag as irrelevant
	CNBC Jim Cramer says he feels better about Apple's China exposure after Nike earnings CNBC CNBC's Jim Cramer indicated Friday he's feeling more comfortable about the geopolitical risks facing U.S. companies with important exposure to China such as Apple and Tesla. Cramer pointed to a pair of developments Thursday evening that altered his ... Flag as irrelevant
	FiercePharma Roche nabs FDA emergency nod for Actemra in severe COVID-19 despite mixed trial results FiercePharma The FDA on Thursday authorized Actemra to be used alongside corticosteroids for hospitalized patients who require some form of oxygen support. Doctors have already been treating severe patients with Actemra before the EUA. Thanks to additional use ... Flag as irrelevant
	CNBC Brits haven't had to pay mobile roaming charges in the EU since 2017 — that's now set to change CNBC Britain's top mobile network operator EE announced it would bring back mobile roaming charges, starting next year. Roaming charges are additional fees charged for making calls, sending texts and using internet data whilst overseas. Since 2017, Europeans ... Flag as irrelevant
	Motley Fool Can This REIT Deliver Market-Beating Returns? Motley Fool In this Fool Live video clip, recorded on June 14, Fool.com contributor Matt Frankel, CFP, along with host Jason Moser, responds to a viewer's question about STORE's future growth potential. Flag as irrelevant
	Reuters Panasonic sells Tesla stake for $3.6 billion Reuters TOKYO (Reuters) - Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday. The sale comes as the bicycles-to-hair dryers ... Flag as irrelevant
	Barron's BlackBerry Rode the Meme-Stock Rally. Analyst Says It Has Gone Too Far. Barron's BlackBerry posted slightly better than expected results, but the stock is down after Canaccord Genuity analyst T. Michael Walkley cut his rating on the company to Sell from Hold. For for its fiscal first quarter ended May 31, BlackBerry (ticker: BB) posted revenue ... Flag as irrelevant
	USA TODAY Panera to give away free bagels for vaccinated customers July 2-4. Here's how the COVID freebie works USA TODAY For three days – from July 2-4 – the chain is giving away free bagels to vaccinated customers at participating locations nationwide. No purchase is required. "Whether you like your bagel bread-sliced ... Flag as irrelevant
	Insurance Journal Japanese Insurers Struggle with Climate Change Cost Estimates Insurance Journal TOKYO – As the world tries to price the cost of climate change, Japan's second largest non-life insurer MS&AD foresees the potential rise in claim payments in 2050 to be anywhere between 5% to 50% from current levels. Sompo Holdings, the No. 3 non-life ... Flag as irrelevant
	Barron's Eli Lilly Stock Soared on Alzheimer's Hopes. Now Wall Street Has Doubts. Barron's Yet late in the day, Wall Street analysts put out research notes seeking to temper reactions to the news. In calls with analysts, the company wouldn't confirm that it had come to an agreement with the FDA on its plans to submit the drug, called donanemab. Flag as irrelevant
	oregonlive.com Teamsters set sights on unionizing Amazon warehouse, delivery workers oregonlive.com NEW YORK — One of the nation's largest unions is aiming to unionize Amazon workers. Representatives from the International Brotherhood of Teamsters, a union that represents 1.4 million workers, voted on Thursday to make organizing Amazon workers a ... Flag as irrelevant
	Motley Fool Amazon Prime Day Broke Records: Here's Why It Keeps Growing Motley Fool Prime Day rivals the biggest shopping days of the year, including Cyber Monday. It's so big that shoppers expect other retail companies to offer deals on Prime Day too. While the event helps lift sales across the ... Flag as irrelevant
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