Thursday, July 29, 2021

Google Alert - finance

Google
finance
As-it-happens update July 30, 2021
NEWS
Bloomberg
A Senate proposal to ramp up IRS surveillance over cryptocurrency transactions has the industry and investors questioning the plan's viability and its promise of generating $28 billion in tax revenue. Cryptocurrency exchanges, investors and their advisers ...
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CNN
(CNN) — The nation's largest flight attendant union says nearly one in five of its members has encountered a violent airplane passenger so far this year, and it says the time has come for more focus on criminal charges for in-air disturbances. "When people ...
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Bloomberg
New Chief Executive Officer Andy Jassy, who took the helm from founder Jeff Bezos on July 5, has to convince investors that Amazon continues to be a good long-term bet even though revenue growth is slowing and the company faces heightened scrutiny from ...
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Reuters
The resumption follows additional reviews and collaboration with the FDA and manufacturing partners, Emergent Chief Executive Officer Robert Kramer said. The FDA has so far approved five batches from the Emergent facility since production there was ...
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CNBC
To give an idea of how valuable this offer is, Chase currently advertises the bonus to be worth $1,250. However, many points maximizers are able to realize greater value by transferring their points to Chase's airline and hotel partners.
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Motley Fool
The odds were stacked against Intel (NASDAQ:INTC) going into its second-quarter earnings report. The company still managed to put up a strong showing despite the competitive challenges it has been facing from rivals such as Advanced Micro Devices ...
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U.S News & World Report Money
Texas-based American, the largest U.S. operator of flights to South America, did not disclose the size, price or timing of the proposed investment in private-equity-owned JetSMART, which operates primarily from Chile and Argentina.
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Bloomberg
Strong sales of high-end Porsches and Audis are limiting the damage the global chip shortage is doing to Volkswagen AG, leading Europe's biggest carmaker to raise its profitability outlook for the year. VW lifted its forecast operating return on sales for the ...
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Forbes
President Joe Biden, Apple, Google and others are wisely following a basic best practice for responding to a crisis situation that all business leaders should keep in mind: Don't hesitate to change your strategies and tactics when a crisis worsens or takes ...
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The New York Times
"You can't get enough, that's my feeling," said Ida Thompson, a retired geology professor who got a Pfizer shot a few weeks ago in the United States, months after receiving two doses of the AstraZeneca vaccine in Britain. "Bring it on.".
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CNBC
Call Participants. Prepared Remarks: Operator. Good day, and welcome to the Molson Coors Beverage Company Second Quarter Fiscal Year 2021 Earnings Conference Call. You can find related slides on the Investor Relations ...
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CNBC
Tesla agreed to pay $1.5 million to settle claims that one of the company's over-the-air software updates temporarily limited maximum battery charging capacity and range in 1,743 Model S sedans. The proposed settlement would cover attorneys' fees and ...
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TechCrunch
Following the quarterly release of Facebook's earnings numbers where the company's CFO takes time to walk through the nitty gritty of the company's financials, CEO Mark Zuckerberg took a moment to zoom out and wax on the company's future goals, ...
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The New York Times
More than 1,500 employees for the video game giant, which is facing an explosive state lawsuit, have called for executives to take sexual harassment seriously.
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Fox Business
Nestlé, Diageo, Anheuser-Busch InBev, and Danone all said Thursday that sales were rising as key markets rebound from the pandemic, but that the recovery was also leading to rapidly increasing costs for ingredients, packaging and transport.
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Reuters
After hitting record lows in 2020, fuel consumption has been rising this year as expanding vaccination drives encourage governments to lift virus-led restrictions. Valero's second-quarter refining margin rose almost 36% to $1.97 ...
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TechCrunch
Those expectations now appear to be correct, as Pinterest beat on earnings with second-quarter revenue of $613.2 million and earnings per share of 25 cents, above analysts' estimates. However, Pinterest's stock still tanked ...
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Motley Fool
The move would satisfy Chinese regulators on a merciless crackdown against tech firms — as well as Didi investors, who have been hammered by losses since the firm failed to mention a government probe into its activities.
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CNBC
Realogy is renovating its New Jersey headquarters as the real estate services firm embraces hybrid work, CEO Ryan Schneider told CNBC. "Instead of having 1,000 people a day here, we want 250 a day here, but to do collaboration," he said. Schneider's ...
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PLANSPONSOR
The firm's CEO-to-be says the focus will remain on broadening ESG investing capabilities, transforming the retirement plan services business through the recently announced partnership with FIS, and continuing to evolve the firm's target-date offerings.
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Bloomberg
T-Mobile US Inc. surpassed Wall Street sales estimates for the second quarter, and raised its forecast for subscriber growth, showing the benefits of the carrier's lead in 5G capacity over Verizon Communications Inc. and AT&T Inc. The second-largest U.S. ...
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U.S. News & World Report
Stocks rose on Wall Street Thursday as the latest government data showed continued economic growth and investors reviewed another batch of mostly positive corporate earnings reports. Online brokerage Robinhood made an underwhelming debut on the ...
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Cincinnati.com
Procter & Gamble announced Thursday its chief operating officer, Jon Moeller, will take over as chief executive on Nov. 1, replacing David Taylor, who will become executive chairman. "Jon has been an integral part of P&G's leadership team for well over two ...
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The Washington Post
NEW YORK — The founder and one-time executive chair of Nikola Corp. was freed on $100 million bail Thursday after pleading not guilty to charges alleging he lied about the electric and hydrogen-powered truck startup, duping novice investors including ...
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The Hill
Kemp said he's heard from people that they won't get the vaccine as long as it is only under emergency authorization by the FDA. ADVERTISEMENT. Pfizer and Moderna ...
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MarketWatch
The biopharmaceutical company now expects total product sales between $24.4 billion and $25 billion, compared with its prior view of $23.7 billion to $25.1 billion. Advertisement. Gilead expects sales of ...
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TechCrunch
Indian budget hotel chain Oyo may have lost a significant portion of its business to the pandemic, but it is inching closer to finding a new investor: Microsoft. Microsoft is in advanced stages of talks to invest in Oyo, valuing the Indian startup at about $9 billion, ...
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The Verge
They offer standalone and unlimited plan add-on mobile hotspot data that's ready to be taken on the road. Maybe in a Class B Winnebago Solis with a pop-up sleeping compartment, as featured on Wheel of Fortune, south through the redwoods and along the ...
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Bloomberg
Canada's telecommunications companies will pay C$8.9 billion ($7.2 billion) to buy licenses for 5G wireless airwaves, with Rogers Communications Inc. spending the most to protect its No. 1 position in the market. Toronto-based Rogers committed C$3.3 ...
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Reuters
Kansas City shareholders should reject Canadian National's $33.6 billion bid as there are regulatory risks involved, Canadian Pacific said in a regulatory filing, adding that the proposed acquisition can be decided later. The terms of Canadian ...
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Bloomberg
Mastercard Inc. said card use in the U.S. soared 36% as the economy reopened from pandemic lockdowns. The surge was bigger than the 31% analysts were predicting, helping overall purchase volume climb to $1.47 trillion, also beating estimates.
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CNBC
Yum Brands on Thursday reported quarterly earnings and revenue that topped analyst predictions as sales at its three major brands outpaced pre-pandemic levels, and it opened new restaurants at a record pace. Shares of Yum closed at $130.31, up 6.28%, ...
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Motley Fool
Shares of PayPal Holdings (NASDAQ:PYPL) fell 6.2% on Thursday, following the release of the digital payment giant's second-quarter results. So what. PayPal's net revenue jumped 19% year over year to $6.2 billion, fueled by an 11.4 million increase in ...
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Hollywood Reporter
NBCUniversal's second-quarter adjusted earnings rose nearly 13 percent, helped by a return of the entertainment unit's theme parks business to profitability after a year-ago loss due to the coronavirus pandemic, parent company Comcast said Thursday.
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WDIV ClickOnDetroit
Overall, he noted that the current situation in Michigan is not as serious as in other parts of the country. But that could change. "We do strongly believe that vaccine is our way out of ...
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MarketWatch
PureCycle Technologies Inc. on Thursday said it would build its first U.S. cluster facility in Augusta, Ga. The company said the facility would produce ultra-pure recycled polypropylene from waste polypropylene. It added that it would initially invest $440 million ...
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MarketWatch
Experience management provider Qualtrics International Inc. said it has agreed to buy a company that helps businesses understand customer feedback for roughly $1.13 billion in stock. Deal target Clarabridge uses artificial intelligence to collect and analyze ...
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Bloomberg
Ford Motor Co. overcame a critical parts shortage and managed to post a surprise profit in the second quarter, thanks to surging prices on models that have become harder to find on dealer lots. The automaker on Wednesday also raised its full-year forecast ...
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KHON2
HONOLULU (KHON2) — Hawaii's statewide average for a gallon of regular unleaded gas is $4.09, according to the AAA Hawaii Weekend Gas Watch. Compared to last week, this price is the same as Thursday, July 22, eight cents higher than in June and 85 ...
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USA TODAY
The products were sold at stores nationwide under the company's brands of Triumph, Evolve, Wild Harvest, Nurture Farms, Pure Being and Elm. (See the list of products below.) The company said ...
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Jalopnik
Bowler Motors is taking the new Defender 90 rallying in the 2022 Defender Challenge. This rally series will see 12 teams face off in seven rounds across the UK, and it's a one-make competition. Really, it's more like one-make, one-model; the only machines ...
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Jalopnik
This September at the 2021 Munich Motor Show's IAA Mobility conference, Mercedes-Benz and its related brands will be showing off eight new models, five of which are battery electric and one is a plug-in hybrid. This is in addition to the brand's ...
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The Tennessean
Kaiser Aluminum, a $1.3 billion manufacturing company, is relocating its headquarters from Southern California to Franklin. The company will invest about $3 million and create 80 local jobs as part of the move, according to a press release from the ...
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Rochester Democrat and Chronicle
Now it's getting ready to take Manhattan. On Thursday, the Rochester-based supermarket chain announced it will open a store at 770 Broadway, the site of the former Astor Place Kmart, during the second ...
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KSAT San Antonio
McCormick is recalling three of its seasonings because they could be contaminated with salmonella. No illnesses have been reported. Recalled are the Perfect Pinch Italian Seasoning, Culinary Italian Seasoning and Frank's Redhot Buffalo Ranch Seasoning.
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Reuters
Koch Foods, an Illinois chicken company, was also indicted separately for allegedly being part of the conspiracy to fix the prices, the Justice Department said on Thursday. Koch did not immediately respond to a request for comment.
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Eater SF
What's more, it goes on to include that candidates must be on board with the company's Code of Creation ("At Dry Farm Wines, we believe in a connected source energy. We tap into this energy ...
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The Central New York Business Journal
SEFCU and CAP COM announced their plan Thursday, about six months after beginning discussions. Following due diligence by the two partners, if state and federal regulatory approval is granted and members vote in favor, the merger would likely be ...
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WKRN News 2
NASHVILLE, Tenn. (WKRN) — Bridgestone Arena announced Thursday evening that face masks will once again be recommended for all event attendees for upcoming events there. According to a statement from the arena, the updated face covering policy ...
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Economic Times
Asian shares markets opened lower on Friday in cautious trade, with investors watching corporate earnings and surging coronavirus cases. MSCI's broadest index of Asia-Pacific shares outside Japan was down by 0.80 per cent.
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