People around the world are cooped up and they’re drinking more tea, but supplies are tightening and prices are on the rise. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…
Category: Financial News
TikTok Owner Puts Deal With Oracle, Walmart in Beijing’s Hands
ByteDance is seeking approval from Beijing for the White House-endorsed plan under new export restrictions, as Chinese state media continue criticism. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…
CapitaLand Trusts Plan to Merge
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France Introduces New Restrictions to Stem Virus Surge
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Wildfires taint West Coast vineyards with taste of smoke
Smoke from the West Coast wildfires has tainted grapes in some of the nation’s most celebrated wine regions ABC News: Business BEST DEAL UPDATE:
Asian shares fall as caution sets in after Wall St retreat
Asian shares have fallen as caution again sets in following a retreat on Wall Street driven by a decline in technology shares ABC News: Business BEST DEAL UPDATE:
New Zealand August Trade Deficit NZ$353 Million
New Zealand had a merchandise trade deficit of NZ$ 353 million in August, Statistics New Zealand said on Thursday. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to … Read more…
JinkoSolar Q2 Profit Surges – Quick Facts
Solar module manufacturer JinkoSolar Holding Co., Ltd. (JKS) reported Wednesday that net income attributable to the company’s ordinary shareholders was RMB318.0 million or $ 45.0 million in the second quarter, sharply higher than RMB125.4 million in the year-ago quarter. Earnings … Read more…
New Zealand Has NZ$353 Million Trade Deficit
New Zealand posted a merchandise trade deficit of NZ$ 353 million in August, Statistics New Zealand said on Thursday. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to … Read more…
General Mills Q1 Profit Tops Estimates, Organic Net Sales Up 10%; Raises Dividend
General Mills (GIS) reported first quarter adjusted earnings per share of $ 1.00, up 27 percent in constant currency, primarily driven by higher adjusted operating profit and higher after-tax earnings from joint ventures, partially offset by a higher adjusted effective … Read more…
BLM Co-founder, View Host, Bristol Mayor on Pandemic and Protest
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Rosie Perez on Inclusion in Hollywood
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Anthony Fauci on the Battle Against COVID-19
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Research shows coronavirus spreads primarily through air. Here’s how to reduce risk
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Tony Blair: ‘We’re going to control this disease and live with it’ I FT
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Investing in Forests
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Chris Evans of A Starting Point on How to Engage in Democracy
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WATCH: Day 1 of the 2020 United Nations General Assembly
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Metagenomics: mapping the mysteries of soil | FT Food Revolution
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Meet the Sustainability Pioneers 2020
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United Wholesale Mortgage to Go Public Via Merger With Gores SPAC
The biggest wholesale mortgage originator in the U.S. is merging with a special-purpose acquisition company in a deal that will take the lender public at a valuation north of $ 16 billion. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to … Read more…
Musk Promises $25,000 Tesla Using Cheaper Batteries
The company has an eventual annual production target of 20 million vehicles, potentially becoming the world’s largest auto maker. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% … Read more…
Iron Ore Prices ‘Modest Pullback’ Expected: Citigroup GM
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Japan Manufacturing PMI Inches Higher In September – Jibun Bank
The manufacturing sector in Japan continued to contract in September, albeit at a barely slower pace, the latest survey from Jibun Bank revealed on Wednesday with a manufacturing PMI score of 47.3. RTT – Economic News SPECIAL NEWS UPDATE: Click … Read more…
New Zealand Central Bank Holds Rate; Signals Further Easing
New Zealand central bank central bank left its key rate and asset purchase programme unchanged on Wednesday but agreed to provide additional stimulus as the outbreak of the coronavirus in August has dented confidence among firms and households. The Monetary … Read more…
Laurentian Bank Financial Q3 Profit Declines, But Results Beat View
Laurentian Bank Financial Group (LB.TO) on Friday reported third-quarter net income of C$ 36.2 million or C$ 0.77 per share, down from C$ 47.8 million or C$ 1.05 per share in the year-ago period. RTT – Earnings BEST DEAL UPDATE:
Ingka Group CEO Brodin on Doing Well by Doing Good
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Activist Trian Fund Management Takes Stake in Comcast
Trian Fund Management has taken a stake in Comcast in a bet that the cable giant’s shares are undervalued. Comcast is one of the biggest companies ever targeted by an activist. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request … Read more…
Quibi Explores Strategic Options Including Possible Sale
The streaming-video service, founded by Hollywood mogul Jeffrey Katzenberg, has struggled to sign up subscribers in a competitive online-video marketplace. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to … Read more…
U.S. Stock Futures Edge Lower, Signaling More Turbulence
Fed Chairman Powell plans to suggest Congress would need to spend more to shore up struggling parts of the economy. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% … Read more…
Activist Trian Fund Management Takes Stake in Comcast
Trian Fund Management has taken a stake in Comcast in a bet that the cable giant’s shares are undervalued. Comcast is one of the biggest companies ever targeted by an activist. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to … Read more…
Money Is Being Taken Off Table Pre-Election: Ark Capital
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Ghana’s Data Traffic Grew 50% Amid Pandemic, Vodafone Says
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Canadian auto workers extend Ford contract, delay strike
The union that represents Canadian auto workers has extended its contract with Ford beyond an 11:59 p.m. deadline, a sign that progress is being made toward an agreement ABC News: Business BEST DEAL UPDATE:
Asian shares track Wall Street retreat; big banks tumble
Shares are lower in Asia, tracking a retreat on Wall Street, and stocks of big banks fell after a report alleged several are profiting from illicit dealings with criminal networks ABC News: Business BEST DEAL UPDATE:
Dutch Consumer Confidence Improves Slightly In September
Dutch consumer confidence improved slightly in September, but remained negative, data from the Central Bureau of Statistics showed on Tuesday. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…
United States Steel Projects Improved Adjusted Results In Q3 – Quick Facts
United States Steel Corp. (X) announced the company expects its third quarter adjusted loss per share to be approximately $ 1.45. On average, nine analysts polled by Thomson Reuters expect the company to report a loss per share of $ … Read more…
Finland Jobless Rate Rises In August
Finland’s jobless rate rose in August, figures from Statistics Finland showed on Tuesday. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL … Read more…
Big Lots Does Not Re-instate FY20 Outlook; Declares Qtly. Cash Dividend Of $0.30/Shr – Quick Facts
While reporting financial results for the second quarter on Friday, discount retailer Big Lots, Inc. (BIG) said it is not in a position to re-instate its financial guidance for the full-year 2020 as it continues to believe it does not … Read more…
International Paper Committed to Forest-Positive Action
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An interview with La Traviata protagonists at La Scala
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Racecars and Green Jobs: Nico Rosberg, Jigar Shah on the Future Green Workforce
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No Job, Loads of Debt: Covid Upends Middle-Class Family Finances
The pandemic is wreaking a particular kind of havoc in the households of loan-laden American white-collar workers. ‘I will never claw my way out of this situation.’ WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…
China Has Reasons to Like TikTok’s Trump-Approved Deal
A White House-approved plan to transform TikTok into a U.S.-based company would keep the operation of the viral short-video app, and likely the algorithm that has powered its rise, in Chinese hands. This structure improves the deal’s chances of finding … Read more…
You Can Buy This Stock for $145 in Shanghai—It’s $100 in Hong Kong
Some mismatch between a company’s shares listed on China’s mainland and their counterparts in Hong Kong isn’t unusual. But the growing gulf is creating a strange situation where companies can simultaneously have two radically different valuations. WSJ.com: Markets SPECIAL NEWS … Read more…
TikTok Deal Faces Questions Over Security, Ownership
An emerging deal to make China’s popular TikTok app a U.S.-based company stands to reshape the social-media landscape, even as questions persisted Sunday over security concerns and ownership of the new company. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today … Read more…
Assessing the Brand Value of the Indian Premier League
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Banks Moved $2 Trillion, Defying Orders, ICIJ Report Says
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Asian markets lower after Wall St declines for third week
Asian stock markets are lower after Wall Street declined for a third straight week and Britain reported a rise in coronavirus infections ABC News: Business BEST DEAL UPDATE:
Bank Of England Raises Negative Rate Expectations
The Bank of England retained its interest rate at a record low on Thursday, but policymakers started to assess how negative interest rates work amid talks on post Brexit trade deal, the recent rise in Covid-19 cases and the rising … Read more…
Stock Alert: Ollie’s Bargain Outlet Slips 5%
Shares of Ollie’s Bargain Outlet Holdings, Inc. (OLLI) are currently slipping over 5% on Friday morning, despite the discount retailer reporting second-quarter results that trumped Wall Street estimates. RTT – Earnings BEST DEAL UPDATE:
Bloomberg Green Festival | Day 4
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Bill Gates on Covid Vaccine, Climate Change, Future of Electric Vehicles
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Citadel Securities, Quantlab Loom Over Market-Manipulation Trial
Citadel Securities and Quantlab Financial are at the center of a criminal trial over market manipulation known as spoofing. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off … Read more…
Judge to Hear Arguments on Trump’s WeChat Restrictions
A California federal judge will hear arguments Friday as part of an emergency push to delay enforcement of President Trump’s order placing restrictions on the app WeChat. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX … Read more…
Actors, Activists, NGOs Join Forces to Feed the Future 9:00a
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Oracle, Snowflake, SoftBank: Stocks That Defined the Week
The companies included tech giants, food mainstays and a leader in residential deliveries. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST … Read more…
U.S. Bans Chinese Apps TikTok and WeChat, Citing Security Concerns
The Trump administration will begin restricting downloads and use of popular Chinese-owned apps TikTok and WeChat late Sunday, in a move U.S. officials said arose from national security concerns but which drew objections for impinging on free-speech rights. WSJ.com: US … Read more…
Wall Street Week – Full Show (09/18/2020)
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China announces regulations for ‘unreliable entity’ list
China’s Ministry of Commerce has issued regulations for its unreliable entity list, aimed at foreign companies it says endanger its national sovereignty, security or development interests ABC News: Business BEST DEAL UPDATE:
Indonesia Leaves Rates Unchanged Again
Indonesia’s central bank left its key interest rates unchanged on Thursday it expects inflation to remain low and economic expansion to be gradual. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card … Read more…
Stock Alert: Akcea Therapeutics Soars 60%
Shares of Akcea Therapeutics, Inc. (AKCA) surged 60% on Monday after Ionis Pharmaceuticals agreed to buy remaining stake in Akcea for $ 500 million.. RTT – Earnings BEST DEAL UPDATE:
Japan Inflation Data On Tap For Friday
Japan will on Friday release August numbers for consumer prices, highlighting a very light day for Asia-Pacific economic activity. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to … Read more…
Stock Alert: Herman Miller Jumps 19% After Profit Surges
Shares of Herman Miller, Inc. (MLHR) are climbing more than 19 percent or $ 4.97 in Thursday’s morning trade at $ 30.85 after the office furniture maker reported a jump in profit for the first quarter from last year and … Read more…
Bloomberg Green Festival | Day 5
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WATCH LIVE: Trump holds campaign rally in Mosinee, Wisconsin
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The Atlantic Festival Ideas Stage – Day 1
The Atlantic SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of donating … Read more…
WATCH LIVE: House Speaker Nancy Pelosi holds news event on COVID-19 relief funding
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Turkey, Greece and the dash for gas | FT
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The Post-Pandemic Challenge
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Opinion: Is the UK Conservative party still conservative? I FT
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Global Lighthouse Network Annual Meeting 2020
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Snowflake’s Stock Price Soars in IPO
Snowflake’s shares made their debut at $ 245 a share on their first day of trading, more than double the IPO price. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…
Snowflake’s Stock Price Soars in IPO
Snowflake’s shares made their debut at $ 245 a share on their first day of trading, more than double the IPO price. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…
Bank Job Cuts Top 60,000
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SEC Bolsters Safeguards Against Penny-Stock Fraud
The Securities and Exchange Commission is beefing up protections against fraud and manipulation in the lightly regulated market for over-the-counter stocks. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to … Read more…
Trump Officials Push for U.S. Majority Control of TikTok
Trump administration officials are looking to give American investors a majority share of the company that will take over the Chinese-owned video sharing app TikTok, according to people familiar with the matter. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today … Read more…
Australia to amend law making Facebook, Google pay for news
The author of proposed Australian laws that would make Facebook and Google pay for journalism says his draft legislation will be altered to allay some of the digital giants’ concerns, but would remain fundamentally unchanged ABC News: Business BEST DEAL … Read more…
Asian stocks retreat on lack of new Fed action
Asian stock markets have retreated after the U.S. Federal Reserve indicated it will keep interest rates near zero but announced no fresh stimulus plans ABC News: Business BEST DEAL UPDATE:
New Zealand GDP Plummets Record 12.2% In Q2
New Zealand’s gross domestic product saw its largest ever drop in the second quarter of 2020, tumbling 12.2 percent, Statistics New Zealand said on Thursday. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…
Campbell Soup Guides Q1 In Line With Estimates – Quick Facts
While reporting financial results for the fourth quarter on Thursday, Campbell Soup Co. (CPB) provided adjusted earnings and sales guidance for the first quarter of fiscal 2021, given the uncertain operating environment due to the COVID-19 pandemic. RTT – Earnings … Read more…
New Zealand Q2 GDP Tumbles 12.2% On Quarter
New Zealand’s gross domestic product dropped 12.2 percent on quarter in the second quarter of 2020, Statistics New Zealand said on Thursday – marking the country’s largest single-quarter decline on record. RTT – Economic News SPECIAL NEWS UPDATE: Click today … Read more…
Synalloy Not Issuing FY20 Outlook – Quick Facts
While reporting its financial results for the second quarter on Thursday, Synalloy Corp. (SYN) said that due to the uncertainty related to the COVID-19 pandemic, it has suspended all fiscal 2020 guidance and is not providing guidance at this time. … Read more…
Iberdrola CEO Galán on a Clean Energy Future
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Alta Gioielleria, Alta Sartoria, Alta Moda: Florence, September 2020
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Bloomberg Green Festival | Day 3
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The Atlantic Festival Ideas Stage – Day 4
The Atlantic SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of donating … Read more…
PBS NewsHour West live episode, Sept. 15, 2020
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Chinese Companies in Pentagon Spotlight Hire Global Banks to Sell Dollar Bonds
ChemChina and Three Gorges, designated by the U.S. Defense Department as “Communist Chinese military companies,” are pursuing bond deals with the help of Western banks. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card … Read more…
FTC Preparing Possible Antitrust Suit Against Facebook
The case preparations come after the Federal Trade Commission has spent more than a year investigating concerns that Facebook has been using its powerful market position to stifle competition. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your … Read more…
JPMorgan Sends Some Traders Home After Worker Gets Covid-19
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Alibaba-Backed Courier to List in Hong Kong
ZTO Express plans to raise up to $ 1.56 billion, becoming the latest Chinese company to seek a secondary listing in Hong Kong as tensions between the U.S. and China rise. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request … Read more…
China’s ByteDance to Keep Majority TikTok Stake in Oracle Deal
The proposal being reviewed by national-security regulators has China’s ByteDance retaining a majority stake in its TikTok app with Oracle as a technology partner and minority holder in a U.S.-based company. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to … Read more…
Equity Markets Can Continue to Move Higher: Natixis’s Dwek
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End of Abe era leaves Japan still searching for way forward
Among the challenges awaiting newly appointed Japanese Prime Minister Yoshihide Suga is the urgent challenge of how to keep the world’s third-largest economy growing as its population ages and shrinks ABC News: Business BEST DEAL UPDATE:
Asian shares mostly higher after Wall Street gains
Shares have retreated in Asia ahead of the Federal Reserve’s policy announcement ABC News: Business BEST DEAL UPDATE:
New Zealand Posts SA NZ$482 Million Current Account Surplus In Q2
New Zealand posted a seasonally adjusted current account surplus of NZ$ 482 million in the second quarter of 2020, Statistics New Zealand said on Wednesday. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…
Stock Alert: Duluth Hits New 52-week High After Earnings Surprise
Shares of Duluth Holdings Inc. (DLTH) are rising almost 6 percent or $ 0.61 in Thursday’s morning trade at $ 11.08, after touching a new 52-week high of $ 11.57 as the company reported better-than-expected quarterly results. RTT – Earnings … Read more…
Japan Trade Surplus Y248.299 Billion In August
Japan had a merchandise trade surplus of 248.299 billion yen in August, the Ministry of Finance said on Wednesday. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to … Read more…
Stock Alert: RH Jumps To New 52-week High After Q2 Results Beat View
Shares of RH (RH) are surging almost 25 percent or $ 80.22 in Thursday’s morning trade at $ 401.30, after touching a new 52-week high of $ 405.55 as the luxury furniture retailer’s second-quarter earnings results beat analysts’ estimates. RTT … Read more…
Alta Sartoria creations: Florence, September 2020
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Iberdrola, EY Execs on Future of Green Jobs
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Alta Moda creations: Florence, September 2020
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Philips CEO Van Houten on Company’s Commitment to Climate Action
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Dollar Fluctuations Not a Big Issue, Summers Says
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RockCreek’s Beschloss, BlackRock’s Rieder on Risk-Off Sentiment
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U.S. Weekly Jobless Claims Unexpectedly Unchanged At 884,000
First-time claims for U.S. unemployment benefits came in unchanged in the week ended September 5th, the Labor Department revealed in a report on Thursday. The report said initial jobless claims came in at 884,000, unchanged from the previous week’s revised … Read more…
Stock Alert: SelectQuote Climbs 16% After Upbeat Q4 Results
Shares of SelectQuote Inc. (SLQT) are rising more than 16 percent or $ 3.29 in Thursday’s morning trade at $ 23.34 after the insurance company’s quarterly results beat analysts’ expectations. RTT – Earnings BEST DEAL UPDATE:
Japan Producer Prices Data Due On Friday
Japan will on Friday release August numbers for producer prices, setting the pace for a light day in Asia-Pacific economic activity. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…
Bouygues Posts Loss In H1; Sales Down 15% – Quick Facts
Bouygues (BOUYY.PK) reported a first half net loss attributable to the Group of 244 million euros compared to profit of 225 million euros, previous year. The Group reported a current operating loss of 132 million euros, compared to profit of … Read more…
Volatility Teaches New Investors That Stocks Go Down, Too
Technology shares plunged over three days by their widest margin in nearly six months, erasing thousands of dollars from portfolios with shares of companies including Tesla. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription … Read more…
TikTok’s New Boss Takes Over a Very Hot Seat
With the fate of the video-sharing app being debated at the highest levels in Washington, Beijing and Silicon Valley, interim head Vanessa Pappas is looking to keep things running amid the high-stakes geopolitical drama. WSJ.com: US Business SPECIAL NEWS UPDATE: … Read more…
Apple, General Motors, Citigroup: Stocks That Defined the Week
Here are seven major companies whose stocks moved on the week’s news. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: … Read more…
Google’s Sundar Pichai Is a Really Nice Guy. Is That Enough?
Those who know the chief executive say he’s a thoughtful, kind person whose low-key style helped him get the job. He’s now contending with possible antitrust lawsuits, a recent revenue drop and pressure to take the company in new directions. … Read more…
Colony’s Barrack, Ganzi on Real Estate, Digital Pivot
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Wall Street Week – Full Show (09/11/2020)
Bloomberg Markets and Finance BEST DEAL UPDATE:
NY Fashion Week 2020: Pared down, and virtually all virtual
New York Fashion Week, the semi-annual showcase of American fashion, gets under way Sunday evening in a vastly changed landscape ABC News: Business BEST DEAL UPDATE:
Regulators to examine pilot training for Boeing 737 Max jets
Boeing’s grounded 737 Max appears to be inching closer to a return to flying ABC News: Business BEST DEAL UPDATE:
New Zealand Food Prices Climb 4.2% On Year In August
Food prices in New Zealand were up 4.2 percent on year in August, Statistics New Zealand said on Friday – in line with expectations and unchanged from the July reading. RTT – Economic News SPECIAL NEWS UPDATE: Click today to … Read more…
Photronics Guides Q4 EPS, Revenues Below Estimates – Quick Facts
While reporting financial results for the third quarter on Thursday, semiconductor photomask maker Photronics, Inc. (PLAB) provided earnings and revenue guidance for the fourth quarter of fiscal 2020, below analysts’ estimates. RTT – Earnings BEST DEAL UPDATE:
New Zealand Manufacturing PMI Slides To 50.7 In August – BusinessNZ
The manufacturing sector in New Zealand continued to expand in August, albeit at a much slower pace, the latest survey from BusinessNZ revealed on Friday with a PMI score of 50.7. RTT – Economic News SPECIAL NEWS UPDATE: Click today … Read more…
Lovesac Q2 Loss Narrows; Net Sales Up 28.7% – Quick Facts
Lovesac Co. (LOVE), a direct-to-consumer specialty furniture brand, on Wednesday reported net loss for the second quarter that narrowed to $ 1.11 million or $ 0.08 per share, from $ 4.77 million or $ 0.33 per share in the previous-year … Read more…
Alta Moda Florence Coat – The Making Of
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Alta Moda Crocheted Swmisuit – The Making Of Description:
Dolce & Gabbana FASHION DEAL UPDATE:
Second Top Female Executive at Bridgewater Says Firm Paid Her Less Than Men
The complaint from Karen Karniol-Tambour, the hedge fund’s most-senior female executive, follows a gender-discrimination suit from a former co-CEO. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off … Read more…
EBay Founder Pierre Omidyar Steps Down From Board
EBay founder Pierre Omidyar stepped down from the company’s board as part of a broader overhaul that also has Elliott Management partner Jesse Cohn leaving the board. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX … Read more…
Stocks Close Lower After Early Gains
The Dow and S&P 500 lost momentum through the day as weekly jobless claims held steady, pausing Wednesday’s rebound after a recent technology-led selloff. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and … Read more…
Rio Tinto CEO to Step Down Amid Fallout Over Destruction of Ancient Rock Shelters
Rio Tinto said its chief executive would step down as it battles to contain the fallout from the destruction of two ancient rock shelters in northwestern Australia’s minerals-rich Pilbara region that were culturally significant to a local indigenous group. WSJ.com: … Read more…
Gov’t Spending ‘Entirely Appropriate’ to Aid Recovery: TD CEO
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New Oscar Diversity Rules Expose Rift Over Inclusion
Bloomberg Markets and Finance BEST DEAL UPDATE:
New Zealand Electronic Retail Card Spending Slides 7.9% In August
The value of retail electronic card transactions in New Zealand was down a seasonally adjusted 7.9 percent on month in August, Statistics New Zealand said on Thursday- following the 1.2 percent increase in July. RTT – Economic News SPECIAL NEWS … Read more…
American Eagle Outfitters Reports Better Than Expected Q2 Results – Quick Facts
American Eagle Outfitters, Inc. (AEO) reported a second quarter adjusted loss per share of $ 0.03 compared to profit of $ 0.39, last year. The company noted that its adjusted results for the quarter excluded $ 0.05 of COVID-19 related … Read more…
New Zealand August Electronic Retail Card Spending Sinks 7.9%
The value of retail electronic card transactions in New Zealand dropped a seasonally adjusted 7.9 percent on month in August, Statistics New Zealand said on Thursday – following the 1.2 percent increase in July. RTT – Economic News SPECIAL NEWS … Read more…
After Hours Market: Sonoma Pharmaceuticals, RH, SelectQuote Gain; GameStop, Quotient Slip
Sonoma Pharmaceuticals, Inc. (SNOA) – Shares of the drug company jumped 20% in extended trading session Wednesday after the company announced launch of two new products in Australia. Sonoma and Te Arai BioFarma announced the launch of two new products … Read more…
Marchesi Antinori, Florence 2020
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Alta Moda Colourful Skirt – The Making Of
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Sustainable Business Briefing: Impact Through Entrepreneurship
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Tech Selloff Is Start of Rotation Into Cyclicals: Robeco’s Fedeli
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Biogroup CFO Sees Huge Demand in Covid-19 Testing
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Tech chills spill into Asia, as shares sink across region
Shares have fallen in Asia after a sell-off of big technology stocks on Wall Street ABC News: Business BEST DEAL UPDATE:
Romania July Trade Deficit Narrows
Romania’s merchandise trade deficit for July narrowed from a year ago, as exports fell softer than imports, figures from the National Institute of Statistics showed on Wednesday. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free … Read more…
Ossen Innovation H1 Profit, Revenues Decline – Quick Facts
Ossen Innovation Co., Ltd. (OSN), a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, said the company’s net income declined 6.7% year-on-year for the six months ended June 30, 2020 because of … Read more…
Indonesia Retail Sales Decline Set To Slow Further In August
The pace of decline in Indonesia’s retail sales is set to slow for a third straight month in August, extending the trend that began after the lockdown restrictions that were imposed to fight the coronavirus pandemic were relaxed. RTT – … Read more…
ReneSola Q2 Profit Declines, Revenues Nearly Double – Quick Facts
Solar project developer ReneSola Ltd. (SOL) reported Thursday that net income attributed to ReneSola for the second quarter declined to $ 3.09 million or $ 0.06 per share from $ 5.12 million or $ 0.13 per share in prior-year quarter. … Read more…
The Alta Sartoria event, Palazzo Vecchio, September 2020.
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Pros and Cons of a Do-It-Yourself Annuity in Retirement
Ask Encore: Retirement columnist Glenn Ruffenach also discusses the tax advantages of various options for charitable giving. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off of your … Read more…
Airlines Fight for Passengers in Weak Travel Market
Relaxing domestic ticket-change fees will cost airlines hundreds of millions of dollars in lost revenue when passenger bookings start to improve, but it is a loss aimed at winning back customers. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to … Read more…
Shell Australia’s Nunan on Energy Demand, Renewables
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Chinese Bottled-Water Giant Surges in Hong Kong Debut
Stock in China’s top bottled-water company surged in its Hong Kong debut, after investors thirsty for new stock sales placed nearly $ 150 billion of orders for a $ 1.1 billion deal. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to … Read more…
Production Problems Spur Broad FAA Review of Boeing Dreamliner Lapses
Production problems at a Boeing 787 Dreamliner factory have prompted air-safety regulators to review quality-control lapses potentially stretching back almost a decade. The plane maker says there is no immediate safety threat. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today … Read more…
India Virus Cases Could Eclipse U.S.
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Samsung wins $6.6 billion Verizon contract for 5G network
Samsung Electronics Co. will develop 5G network infrastructure for Verizon Communications under a $ 6.65 billion deal announced Monday ABC News: Business BEST DEAL UPDATE:
Japan’s economy shrinks 28% in 2Q, worse than 1st estimate
Japan has reported its economy shrank at a record, even worse rate in the April-June quarter than initially estimated ABC News: Business BEST DEAL UPDATE:
Which Stock-Market Sectors Should You Invest In?
Tech stocks have fueled the current bull market. Now, some financial pros say midcaps and non-U.S. holdings may be ready to push the market higher. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card … Read more…
Amazon Bans Foreign Plant Sales to U.S. Amid Global Seed Mystery
The move by Amazon comes as the mystery seeds led U.S. officials to raise alarms about the ease with which sales can occur on e-commerce sites, creating potential threats to U.S. agriculture. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today … Read more…
Dollar to Come Under Renewed Pressure: TD Securities
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China’s Exports Keep Expanding, While Imports Fall
Bloomberg Markets and Finance BEST DEAL UPDATE:
Asian markets mixed after Wall Street slides
Asian stock markets are mixed after Wall Street turned in its biggest weekly decline in more than two months ABC News: Business BEST DEAL UPDATE:
Asian markets mixed after Wall Street slides
Asian stock markets are mixed after Wall Street turned in its biggest weekly decline in more than two months ABC News: Business BEST DEAL UPDATE:
Spike In U.S. Labor Productivity Upwardly Revised To 10.1% In Q2
Revised data released by the Labor Department on Thursday showed U.S. labor productivity soared by even more than initially estimated in the second quarter. The report said labor productivity skyrocketed by 10.1 percent in the second quarter compared to the … Read more…
Dollar General Q2 Profit Tops Estimates; Same-store Sales Up 18.8%
Dollar General Corp. (DG) reported that its second quarter earnings per share increased 89.1% to $ 3.12 from $ 1.65, a year ago. EPS rose 79.3% from adjusted EPS of $ 1.74, prior year. On average, 25 analysts polled by … Read more…
Brazil Service Sector Contracts Further
Brazil’s service sector activity continued to decline in August, but at a slower pace, due to the severe impact of the coronavirus pandemic, survey data from IHS Markit showed on Friday. RTT – Economic News SPECIAL NEWS UPDATE: Click today … Read more…
Tiffany & Co. Q2 Profit Tops Estimates; Comps. Down 24% – Quick Facts
Tiffany & Co. (TIF) reported second quarter net earnings per share of $ 0.26 compared to $ 1.12, a year ago. Excluding items, second quarter earnings was $ 0.32 per share. On average, 11 analysts polled by Thomson Reuters expected … Read more…
Risk Creeps Into Municipal Bond Market, Yet Prices Stay High
The pandemic is threatening the creditworthiness of many municipal securities long seen as safe investments—bonds for higher education, health care, tourism and travel. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…
SoftBank’s Bet on Tech Giants Fueled This Summer’s Powerful Market Rally
The Japanese conglomerate led by billionaire Masayoshi Son placed billions in options bets on fast-rising tech stocks. Investors say that turbocharged the sector. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and … Read more…
Wall Street Week – Full Show (09/04/2020)
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United Airlines, DraftKings, Facebook: Stocks That Defined the Week
Here are seven major companies whose stocks moved on the week’s news. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: … Read more…
Starved for Sports, Viewers Flock to NBA, NHL
Homebound TV viewers are flocking back to watch the conclusions of the coronavirus-interrupted basketball and hockey seasons, giving both leagues a prime-time ratings boost despite playing in empty arenas. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your … Read more…
US unemployment rate falls to 8.4% even as hiring slows
U.S. unemployment dropped sharply in August to a still-high 8.4% from 10.2%, with about half the 22 million jobs lost to the coronavirus outbreak recovered so far, the government said Friday in one of the last major economic reports before … Read more…
Australia Retail Sales Data Due On Friday
Australia will on Friday release July figures for retail sales, headlining a modest day for Asia-Pacific economic activity. Retail sales are tipped to climb 3.3 percent on month after gaining 2.7 percent in June. RTT – Economic News SPECIAL NEWS … Read more…
Lands’ End Initiates Q3, Q4 Net Revenue Growth Guidance – Quick Facts
While reporting its financial results for the second quarter on Wednesday, uni-channel retailer Lands’ End, Inc. (LE) provided revenue growth guidance for the third and the fourth quarter of fiscal 2020, based on the stabilization and improved visibility in the … Read more…
South Korea Has $7.45 Billion Current Account Surplus
South Korea had a current account surplus of $ 7.45 billion in July, the Bank of Korea said on Friday – following the $ 6.88 billion surplus in June. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request … Read more…
Macy’s Q2 Results Stronger Than Anticipated; Shares Rise
Macy’s, Inc. (M) reported a second quarter adjusted loss per share of $ 0.81 compared to profit of $ 0.28, previous year. On average, 14 analysts polled by Thomson Reuters expected the company to report a loss per share of … Read more…
Alta Moda: Villa Bardini
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The Alta Moda event, Villa Bardini, September 2020
Dolce & Gabbana FASHION DEAL UPDATE:
PBS NewsHour full episode, Sept. 3, 2020
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Fighting climate change with underwater meadows
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How Fox News’ ‘low-quality information’ fuels Trump’s policies
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I wandered lonely as a cloud (in lockdown), with Simon Russell Beale | FT
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How is AI protecting the great white sharks
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Malaysia Drops Goldman Sachs Criminal Charges Over 1MDB
Malaysia has dropped criminal charges against units of Goldman Sachs over the bank’s role in the alleged theft of billions of dollars from a government investment fund, a key step under the terms of a recent $ 3.9 billion settlement. … Read more…
Trump, Biden Campaigns Turn to Streaming Services to Reach Voters
Political campaigns looking to reach voters during an election year disrupted by the coronavirus are increasingly turning to digital-video ads, which are cheaper than traditional TV spots and more efficient at targeting specific voter groups. WSJ.com: US Business SPECIAL NEWS … Read more…
Global Markets Follow U.S. Stocks Lower
International shares fell, following a sharp technology-led selloff in American markets, but U.S. futures pointed to a calmer session ahead. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% … Read more…
Facebook to Limit Political Ads Week Before Election
The social-media giant will prohibit new political advertisements in the week before the U.S. presidential election in November and seek to flag any candidates’ premature claims of victory, citing the risk of civil unrest. WSJ.com: US Business SPECIAL NEWS UPDATE: … Read more…
Turkey ‘Ready for Dialogue’ With Greece, Says Turkish Foreign Affairs Minister
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How major US stock indexes fared Thursday
Stocks fell sharply on Wall Street Thursday as high-flying technology companies took a tumble after months of spectacular gains ABC News: Business BEST DEAL UPDATE:
Robinhood Faces SEC Probe for Not Disclosing Deals With High-Speed Traders
The company faces a civil fraud investigation over its early failure to fully disclose its practice of selling clients’ orders to high-speed trading firms, people familiar with the matter said. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your … Read more…
Advertisers Look for Ways Out as Coronavirus Roils Fall TV Season
Ad buyers are pressing TV networks for unprecedented flexibility to back out of spending commitments given a lack of new entertainment and potential pitfalls for the NFL season. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free … Read more…
SEC Probes China’s GSX Techedu After Short Sellers’ Pleas
The New York-listed tutoring company said the SEC asked it to produce financial and operating records dating back to the beginning of 2017 after short sellers accused it of inflating its sales WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to … Read more…
Facebook, Under Pressure in India, Bans Politician for Hate Speech
Facebook banned a politician from India’s ruling party for violating its policies against hate speech, amid a growing political storm over its handling of extremist content on its platform. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your … Read more…
U.K. Seeking to Deepen Partnerships in Southeast Asia
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Energy Lender Apicorp to Issue Sukuk or Benchmark Bond: CEO
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U.S. Factory Orders Continue To Skyrocket In July
New orders for U.S. manufactured goods showed another substantial increase in the month of July, according to a report released by the Commerce Department on Wednesday. The Commerce Department said factory orders soared by 6.4 percent in July, matching the … Read more…
Guess? Approves Resumption Of Cash Dividend Program – Quick Facts
While reporting its financial results for the first quarter on Wednesday, Guess? Inc. (GES) said it is not providing detailed guidance for the third quarter ending October 31, 2020 or the full fiscal year ending January 30, 2021, due to … Read more…
Asian stock markets mixed after Wall Street surge
Asian stock markets are mixed after Wall Street surged to its biggest daily gain since July despite uncertainty about the global economic outlook ABC News: Business BEST DEAL UPDATE:
Alta Sartoria: Palazzo Vecchio
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Australia Trade Data Due On Thursday
Australis will on Thursday release July numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…
Stock Alert: GSX Techedu Tumbles 11% On SEC Probe
Shares of GSX Techedu Inc. (GSX) are falling more than 11 percent or $ 10.70 in Wednesday’s morning trade at $ 83.99 after the China-based online tutoring service provider disclosed an investigation by the U.S. Securities and Exchange Commission. RTT … Read more…
Why ‘withering’ of local news landscapes is dangerous for democracy
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How pandemic, politicization could jeopardize 2020 census
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Belarus unrest explained I FT
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Digital Trade in a Post-COVID World
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Opinion: how the government wants to limit judicial review | FT
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What are the greatest challenges in producing the COVID vaccine?
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NYSE Direct Listings Hit Snag
An influential group of institutional investors took an unusual regulatory step in a last-ditch effort to block the plan. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off … Read more…
Black Ex-Franchise Owners Sue McDonald’s Alleging Discrimination
Several dozen former McDonald’s franchisees sued the burger giant, alleging it unfairly treated Black owners by selling them subpar stores and failing to support their businesses. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…
Adnoc CEO Discusses Abu Dhabi Property Deal With Apollo
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When the Chairman Becomes a Robinhood Trader
Li Dongsheng, chairman and founder of Shenzhen-listed display-panel maker TCL Technology Group, had to apologize to TCL’s shareholders after mistakenly selling and buying the shares of the Chinese company. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free … Read more…
TikTok Deal Talks Hit a Snag Over App’s Algorithms
Deal talks for TikTok’s U.S. operations have been complicated by the key question of whether the app’s core algorithms can be included as part of a deal, according to people familiar with the matter. WSJ.com: US Business SPECIAL NEWS UPDATE: … Read more…
Asian shares mixed after US rally, positive data
Asian shares are mixed after another U.S. rally spurred by positive economic data, even while the coronavirus pandemic has regions around the world battling recessions ABC News: Business BEST DEAL UPDATE:
Apollo’s Zelter on Abu Dhabi Property Deal With Adnoc
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Swiss authority opens case against Credit Suisse over spying
Switzerland’s financial market oversight body has opened “enforcement proceedings” against Credit Suisse in the wake of a spying scandal that has marred the image of the elite bank ABC News: Business BEST DEAL UPDATE:
South Korea Inflation Gains 0.6% In August
Consumer prices in South Korea were up 0.6 percent on month in August, Statistics Korea said on Wednesday. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% … Read more…
Sanderson Farms Q3 Profit Declines, But Results Top Estimates – Quick Facts
Sanderson Farms Inc. (SAFM) on Thursday reported net income for the third quarter of $ 32.81 million or $ 1.48 per share, lower than $ 53.36 million or $ 2.41 per share in the year-ago period. RTT – Earnings BEST … Read more…
Australia GDP Slides 7.0% In Q2, Into Recession
Australia’s gross domestic product was down a seasonally adjusted 7.0 percent on quarter in the second quarter of 2020, the Australian Bureau of Statistics said on Wednesday. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free … Read more…
Stock Alert: Zoom Hits New 52-week High After Quarterly Results
Shares of Zoom Video Communications Inc. (ZM) are surging almost 37 percent or $ 119.71 in Tuesday’s morning trade at $ 444.81, after earlier touching a new 52-week high of $ 447.88 on better-than-expected quarterly results and increased outlook for … Read more…
Alta Gioielleria: l’Officina Profumo-Farmaceutica di S.M. Novella
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U.S. Stocks Post Biggest Monthly Gains Since April
U.S. stocks wavered with the S&P 500 slipping, but the benchmark still finished August with a 7% advance marked by consistent daily gains. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…
American, Delta End Most Domestic Change Fees
American and Delta joined United in removing change fees on most domestic flights, as the levies emerged as a competitive battleground among airlines. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and … Read more…
Zoom’s Unpredictable Path to Glory
When the videoconferencing star last closed its fiscal year, it was generating a little over $ 600 million a year in revenue. For the full fiscal year ending in January, Zoom officially raised its forecast by 33% to around $ … Read more…
Zoom Boosts Outlook as Sales Surge in Shift to Remote Work
Zoom raised its full-year outlook for a second time during the pandemic, cementing its position as one of the biggest corporate winners from the shift to working from home and remote schooling. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today … Read more…
Tadawul Starts Derivatives Trading
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Siemens Energy Looking Into Plant Closures: Unit CEO
Bloomberg Markets and Finance BEST DEAL UPDATE:
Pandemic brings hard times for farmers, worsening hunger
The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside ABC News: Business BEST DEAL UPDATE:
Asian shares mixed following Wall St retreat
Asian shares are meandering between modest gains and losses after a retreat overnight on Wall Street ABC News: Business BEST DEAL UPDATE:
China Manufacturing PMI Climbs To 53.1 In August – Caixin
The manufacturing sector in China continued to expand in August, and at a faster pace, the latest survey from Caixin revealed on Tuesday with a manufacturing PMI score of 53.1. RTT – Economic News SPECIAL NEWS UPDATE: Click today to … Read more…
Lancaster Colony Q4 Profit Declines; Revenue Beats View
Lancaster Colony Corp. (LANC), a maker of specialty food products, on Thursday reported that its net income for the fourth quarter declined to $ 30.39 million or $ 1.10 per share from $ 33.01 million or $ 1.20 per share … Read more…
Australia’s Manufacturing Sector Growth Slows Slightly
The recovery in the Australian manufacturing sector was sustained in August but the pace of growth slowed owing partially to the lockdown measures reimposed in Victoria, survey data from IHS Markit and Commonwealth Bank showed Tuesday. RTT – Economic News … Read more…
Abercrombie & Fitch Q2 Profit Beats Estimates; Shares Surge
Abercrombie & Fitch Co. (ANF) reported second quarter adjusted net income per share of $ 0.23, compared to net loss per share of $ 0.48, last year. On average, 13 analysts polled by Thomson Reuters expected the company to report … Read more…
Florence, the city of the Renaissance
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As KFC Recovers in China, Parent Yum China Plans Big Hong Kong Listing
China’s largest restaurant company has begun taking orders for a Hong Kong share sale that could raise more than $ 2.5 billion. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…
TikTok Deal Talks Are Slowed Over New China Rules
Plans to quickly complete a deal between the Chinese parent company of TikTok and suitors for the app’s U.S. operations have been thrown off track as the parties huddled this weekend to weigh new Chinese restrictions that appear designed to … Read more…
Thousands Protest in Belarus
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Huawei quits oldest sports sponsorship deal after 9 years
Chinese telecom giant Huawei is ending its oldest major sporting sponsorship deal in the world, a nine-year relationship with Australian rugby league team Canberra Raiders ABC News: Business BEST DEAL UPDATE:
South Korea Industrial Output Climbs 1.6% In July
Industrial production in South Korea gained a seasonally adjusted 1.6 percent on month in July, Statistics Korea said on Monday – shy of expectations for an increase of 1.9 percent and down from 7.2 percent in June. RTT – Economic … Read more…
Stock Alert: NetApp Up 6% As Quarterly Results Beat Estimates
Shares of NetApp Inc. (NTAP) are rising more than 6 percent or $ 2.69 in Thursday’s morning trade at $ 44.90, after the cloud storage software company’s quarterly results beat estimates. RTT – Earnings BEST DEAL UPDATE:
COVID-19 is pushing some schooling outdoors, but will it work for NYC?
PBS NewsHour BEST DEAL UPDATE:
Can we fix the inequities exacerbated by remote learning?
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How Venezuela’s oil industry collapsed l FT
Financial Times BEST DEAL UPDATE:
Betazone Davos 2020 | Augmented Voices with Harry Yeff aka Reeps One
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Why TikTok and WeChat are the new front line in the US-China tech war | FT
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Strategic Outlook: Eurasia | DAVOS 2020
World Economic Forum BEST DEAL UPDATE:
CLSA’s CEO to Depart, in Latest Shake-Up at Chinese-Owned Broker
CLSA Chief Executive Rick Gould is leaving the Hong Kong brokerage after less than a year and a half in that role, in the latest senior departure from the firm owned by China’s Citic Securities. WSJ.com: Markets SPECIAL NEWS UPDATE: … Read more…
Airport Shopping Has Been on a Tear for Years. Now What?
Traffic at Heathrow’s once-teeming terminals is down to a trickle, leaving the London airport’s retail establishments largely closed. Like many airports around the world, the drop in sales has a major impact on its business. WSJ.com: US Business SPECIAL NEWS … Read more…
Financial Firms Fail to Own Up to Advisers’ Past Misdeeds
New Securities and Exchange Commission forms meant to simplify disclosures by investment firms often contradict longer filings on the SEC website, a Wall Street Journal analysis found. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…
China Tightens Tech Export Rules Amid TikTok Talks
China announced new restrictions on artificial-intelligence technology exports that could further complicate the sale of TikTok’s U.S. operations, while intensifying the tech battle between the world’s two largest economies. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your … Read more…
Summers Says U.S. Needs Serious Public Investment
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Larry Summers Says Fed Delivers Good News to Markets
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Zuckerberg says Facebook erred in not removing militia post
Facebook made a mistake in not removing a militia group’s page, he says. ABC News: Business BEST DEAL UPDATE:
Fans hope Marvel comic book improves Native representation
Native American comic book fans hope a new Marvel anthology by Native artists and writers will jump-start authentic representation in mainstream superhero fare ABC News: Business BEST DEAL UPDATE:
U.S. Weekly Jobless Claims Pull Back To 1.006 Million
After reporting an unexpected increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back in the week ended August 22nd. RTT – Economic News … Read more…
Hormel Foods Expects Q4 To Mirror Many Dynamics Of Q3 – Quick Facts
While reporting financial results for the third quarter on Tuesday, branded food company Hormel Foods Corp. (HRL) said it expects the fourth quarter to mirror many of the dynamics seen in the third quarter, including strength from our retail businesses … Read more…
U.S. Weekly Jobless Claims Pull Back But Remain Above 1 Million
After reporting an unexpected increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back in the week ended August 22nd. RTT – Economic News … Read more…
Best Buy Q2 Results Top Estimates; Declares Dividend
Electronics retailer Best Buy Co., Inc. reported Tuesday an 82 percent increase in profit for the second quarter from last year, primarily due to higher revenues and lower expenses. Both adjusted earnings per share and revenues for the quarter topped … Read more…
Stocks Log Big Weekly Gains
The S&P 500 wrapped up its best week since early July, driven by improving economic data and signals from the Federal Reserve that the central bank plans to keep interest rates low for an extended period. WSJ.com: Markets SPECIAL NEWS … Read more…
AT&T Is Again Exploring a Deal for DirecTV
AT&T is taking a fresh look at its DirecTV business, according to people familiar with the matter, exploring a deal for a satellite-TV service wounded by cord-cutting. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX … Read more…
2020 Year of Crisis: The Real Estate Reckoning
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Expected Surge of CLO Downgrades Slow to Arrive
After the pandemic shut many businesses, credit-ratings firms placed more than 2,100 bonds tied to pools of corporate loans on review for possible downgrades. The potential wave has turned out to be more of a dribble. WSJ.com: Markets SPECIAL NEWS … Read more…
New Covid-19 Layoffs Make Job Reductions Permanent
As companies brace for years of pandemic-related disruption, thousands of furloughed workers are told they won’t be coming back. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% … Read more…
Wall Street Week – Full Show (08/28/2020)
Bloomberg Markets and Finance BEST DEAL UPDATE:
Trump administration allows deferral of Social Security tax
The Trump administration is allowing employers to suspend collection of some Social Security taxes, although business groups don’t like the idea and it may create political headaches for Republicans ABC News: Business BEST DEAL UPDATE:
Too risky? Fed pressed to expand aid to some businesses
With the economy still in the pandemic’s grip, the Federal Reserve is facing a decision on whether to stretch an emergency lending program in a way that could bring more risk for the government and taxpayers ABC News: Business BEST … Read more…
U.S. GDP Plunges 31.7% In Q2, Slightly Less Than Initially Estimated
Economic activity in the U.S. contracted slightly less than initially estimated in the second quarter, according to a report released by the Commerce Department, although the report still showed a sharp drop in gross domestic product. RTT – Economic News … Read more…
Stock Alert: Best Buy Down 6% On Outlook
Shares of Best Buy Inc. (BBY) are losing more than 6 percent or $ 7.11 in Tuesday’s morning trade at $ 110.26, after the electronics retailer warned that its third-quarter sales will likely not continue at the current rate of … Read more…
Fed Chair Powell Announces Shift To ‘Average Inflation Targeting’
In a highly anticipated speech on Thursday, Federal Reserve Chair Jerome Powell announced a widely expected shift with regard to the price-stability side of the central bank’s dual mandate. Powell revealed in a live-streamed speech to the Jackson Hole economic … Read more…
Dycom Industries Expects Q3 Revenues To Be In-line To Modestly Lower Than Q2 – Quick Facts
While reporting financial results for the second quarter on Tuesday, Dycom Industries, Inc. (DY) anticipates contract revenues and margins for the third quarter to range from in-line to modestly lower on a sequential basis for the second quarter, based on … Read more…
Spy Agency to Help Shield New Zealand’s Exchange From Cyberattack
New Zealand activated its National Security System in response to a prolonged cyberattack that disrupted trading on the country’s stock exchange this week. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…
Walmart Joins With Microsoft in Race to Purchase TikTok
The world’s biggest retailer by revenue is teaming up with Microsoft to bid for TikTok’s U.S. operations, which have an asking price of about $ 30 billion. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX … Read more…
China Conglomerate Fosun Sees Profit Rebound Next Year
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EU Car Sales Fall Modestly In July On Demand Surge For EVs, Best Month Thus Far In 2020
European new car registrations declined modestly in July amid a jump in demand for electric vehicles and rebound in some markets, signaling a recovery from the coronavirus-triggered slump, figures from the automotive market data provider JATO Dynamics showed on Thursday. … Read more…
Chico’s FAS Q2 Loss Widens, Results Miss View – Quick Facts
Chico’s FAS Inc. (CHS) reported Wednesday that its second-quarter net loss widened to $ 46.85 million or $ 0.40 per share from $ 2.31 million or $ 0.02 per share in the year-ago quarter. RTT – Earnings BEST DEAL UPDATE:
NYSE’s Plan for New IPO Alternative Wins Green Light From SEC
Regulators have approved a proposal from the New York Stock Exchange to let companies raise capital through direct listings, a decision that creates a cheaper alternative to the traditional initial public offering. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to … Read more…
TikTok CEO Kevin Mayer Quits as Trump Pushes Chinese App to Sell U.S. Business
TikTok’s Chief Executive Kevin Mayer said he would be leaving the social-media platform about three months into the job, as the company comes under increasing pressure from the White House over its ties to China. WSJ.com: US Business SPECIAL NEWS … Read more…
Hurricane Laura Makes Landfall With Catastrophic Surge
Bloomberg Markets and Finance BEST DEAL UPDATE:
Oil industry shuts platforms, rigs, refineries before storm
The energy industry is bracing for catastrophic storm surges and winds as Hurricane Laura cuts a dangerous path toward the coastlines of Texas and Louisiana ABC News: Business BEST DEAL UPDATE:
Small Biotech Stock CytoDyn Soars on ‘Warp Speed’ Comment
CytoDyn Inc. shares climbed after a former adviser said he thought the company would move forward with the federal Operation Warp Speed program, but the company isn’t currently being considered for the program WSJ.com: Markets SPECIAL NEWS UPDATE: Click today … Read more…
Facebook Says Apple’s New iPhone Update Will Disrupt Online Advertising
Facebook says privacy changes that Apple has made to its newest operating system will cripple the social-media giant’s ability to serve targeted ads to iPhone users while they use outside apps. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to … Read more…
Adnoc Exceeded Goals for Number of Female Leaders: CEO
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U.S. Durable Goods Orders Spike 11.2% In July, Much More Than Expected
Reflecting a sharp increase in orders for transportation equipment, the Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods spiked by much more than expected in the month of July. The Commerce Department said … Read more…
Stock Alert: Urban Outfitters Surges 25% Driven By Strong Quarterly Results
Shares of Urban Outfitters Inc. (URBN) are gaining over 25% on Wednesday morning continuing its upward growth from last evening after the apparel retailer reported a second-quarter profit and sales that trumped Wall Street expectations driven largely by online sales. … Read more…
Trolls flood social media in Pakistan amid virus lockdown
The trolls have gone online in Pakistan since authorities imposed a nationwide lockdown earlier this year to curb the spread of the coronavirus ABC News: Business BEST DEAL UPDATE:
World Economic Forum Postpones 2021 Davos Annual Meet
The World Economic Forum on Wednesday announced that it is postponing its annual meeting in Davos, Switzerland, to “early next summer”. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…
Stock Alert: Splunk Up 6% Ahead Of Q2 Earnings
Shares of Splunk Inc. (SPLK) are rising more than 6 percent or $ 12.35 in Wednesday’s morning trade at $ 215.97. RTT – Earnings BEST DEAL UPDATE:
Asian shares lower as investors await Fed chair’s speech
Asian shares are mostly lower after a lackluster session on Wall Street following talks between the United States and China on the status of a deal meant to work as truce in their trade war ABC News: Business BEST DEAL … Read more…
US crackdown on nonessential border travel causes long waits
A Trump administration crackdown on nonessential travel coming from Mexico amid the coronavirus pandemic has created massive bottlenecks at the border ABC News: Business BEST DEAL UPDATE:
New Zealand Has NZ$282 Million Trade Surplus In July
New Zealand had a merchandise trade surplus of NZ$ 282 million in July, Statistics New Zealand said on Wednesday – down from NZ$ 426 million in June. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free … Read more…
Stock Alert: Children’s Place Plunge 20% On Quarterly Results
Shares of Children’s Place Inc. (PLCE) tanked over 20% on Tuesday morning after the company reported a second-quarter loss that was wider than Wall Street analysts’ estimates. RTT – Earnings BEST DEAL UPDATE:
New Zealand July Trade Surplus NZ$282 Million
New Zealand posted a merchandise trade surplus of NZ$ 282 million in July, Statistics New Zealand said on Wednesday – down from NZ$ 426 million in June. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free … Read more…
Stock Alert: J. M. Smucker Climbs 8% On Upbeat Q1 Results, Outlook
Shares of J M Smucker Inc. (SJM) are gaining almost 8 percent or $ 8.97 in Tuesday’s morning trade at $ 121.96, after the food products maker reported better-than-expected financial results for the first quarter and also raised its outlook … Read more…
Money Funds Waive Charges to Keep Yields From Falling Below Zero
Many investment firms are waiving charges on money funds to keep the yields that investors earn from dropping below zero—the latest sign of how a $ 5 trillion piece of the financial system is bracing for new pressure as interest … Read more…
Gun Sellers Use New Tactic to Deal on Facebook Marketplace
Ads for stickers of gun-brand logos that are actually for gun sales are being used on a Facebook site, a year after Democratic lawmakers called for better policing of the site’s ban on firearm sales. WSJ.com: US Business SPECIAL NEWS … Read more…
Salesforce, Amgen, Honeywell to Join Dow Jones Industrial Average
The three companies are set to replace Exxon, Pfizer and Raytheon in the index, in changes prompted by Apple’s planned four-to-one stock split announced last month. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription … Read more…
TikTok Investors Press for a Sale to Oracle
General Atlantic and Sequoia Capital, two top investors in TikTok’s Chinese parent company, are vying to be part of a deal for the U.S. operations of the video-sharing app as it seeks to avoid a ban by the Trump administration, … Read more…
Phone Charger Maker Anker Doubles to $8 Billion on Debut
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Erdogan Spokesman on Turkey Black Sea Gas Find, Eastern Mediterranean Conflict
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New Zealand Retail Sales Data On Tap For Monday
New Zealand will on Monday release Q2 figures for retail sales, highlighting a modest day for Asia-Pacific economic activity. In the three months prior, retail sales were down 0.7 percent on quarter and up 2.3 percent on year. RTT – … Read more…
Estée Lauder Guides Q1 Adj. EPS Below View; To Cut Up To 2000 Jobs – Quick Facts
While reporting financial results for the fourth quarter on Thursday, Estée Lauder Cos., Inc. (EL) provided earnings and sales growth guidance for the first quarter of fiscal 2021. However, the Company is not providing guidance for the full year 2021, … Read more…
South Korea Consumer Confidence Improves In August
South Korea’s consumer confidence improved for the fourth straight month in August, survey results from Bank of Korea showed on Tuesday. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…
Stock Alert: Opera Down 23% On Quarterly Results
Shares of Opera Ltd. (OPRA) are currently losing over 23% on Nasdaq. The internet services provider’s second-quarter revenues dropped 10% from last year. RTT – Earnings BEST DEAL UPDATE:
This Week: Consumer confidence, GDP, consumer spending
The Conference Board serves up its August snapshot of consumer confidence Tuesday ABC News: Business BEST DEAL UPDATE:
Asian stock markets follow Wall Street higher
Asian stock markets have risen after Wall Street hit a new high despite lingering unease about a possible second wave of coronavirus infections ABC News: Business BEST DEAL UPDATE:
New Zealand Retail Sales Plummet In Q2 Lockdown
Retail sales values in New Zealand tumbled 15 percent on quarter in the second quarter of 2020 during the Covid-19 lockdown, Statistics New Zealand said on Monday – marking the largest drop on record going back 25 years. RTT – … Read more…
Analog Devices Guides Q4 In Line With Estimates, Declares Dividend – Quick Facts
While reporting financial results for the third quarter on Wednesday, analog technology company Analog Devices Inc. (ADI) provided earnings and revenue guidance for the fourth quarter, in line with analysts’ expectations. RTT – Earnings BEST DEAL UPDATE:
New Zealand Retail Sales Tumble Amidst Q2 Lockdown
Retail sales values in New Zealand plummeted 15 percent on quarter in the second quarter of 2020 during the COVID-19 lockdown, Statistics New Zealand said on Monday – marking the largest drop on record going back 25 years. RTT – … Read more…
Progressive Corp. July Profit Soars 111% – Quick Facts
Insurer Progressive Corp. (PGR) reported that July net income soared 111 percent to $ 812.0 million or $ 1.38 per share from $ 384.9 million or $ 0.65 per share in the prior-year month. RTT – Earnings BEST DEAL UPDATE:
Wall Street Week – Full Show (08/21/2020)
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South Korea Producer Prices Rise 0.2% In July
Producer prices in South Korea were up 0.2 percent on month in July, the Bank of Korea said on Friday – following the 0.5 percent gain in June. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your … Read more…
Target Shares Surge On Record Q2 Results; Lowe’s Q2 Profit Beats View
Minneapolis-based Target Corp. (TGT), on Wednesday, reported second-quarter results that surpassed analysts’ projections. The company’s comparable sales growth was the strongest it has ever reported. Consequently, shares of Target were up 8% in pre-market trade. RTT – Earnings BEST DEAL … Read more…
U.S. Stocks Edge Higher, Led by Tech Shares
Technology stocks pulled major U.S. indexes slightly higher, as a handful of companies continued to power the newly minted bull market. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to … Read more…
J&J Plans Pivotal Trial for Covid-19 Vaccine
Johnson & Johnson plans to start a late-stage trial for the company’s Covid-19 vaccine in late September, and aims to enroll 60,000 subjects. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and … Read more…
Virus Update: Merkel’s Warning, Pfizer Vaccine on Track
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Asian shares track Wall Street gains amid vaccine hopes
Asian shares are higher on hopes for development of a coronavirus vaccine, although worries remain about long-term economic damage from the pandemic ABC News: Business BEST DEAL UPDATE:
Japan Inflation Data Due On Friday
Japan will on Friday release July figures for nationwide inflation, headlining a light day for Asia-Pacific economic activity. In June, overall inflation was up 0.1 percent both on month and on year, while core CPI was flat on year. RTT … Read more…
Stock Alert: Q2 Results Takes Target To New 52-week High
Shares of Target Corp. (TGT) are higher by almost 10 percent or $ 13.32 in Wednesday’s morning trade at $ 150.21, after earlier touching a new 52-week high of $ 150.89 as the retailer reported better-than-expected second-quarter results. RTT – … Read more…
Philippines Rate Decision On Tap For Thursday
The central bank of the Philippines will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The central bank is widely expected to keep its … Read more…
Stock Alert: OneSmart International Education Up 13% On Seeing Higher Revenue
Shares of OneSmart International Education Group Ltd. (ONE) are rising more than 13 percent or $ 0.72 in Wednesday’s morning trade at $ 6.14, after the China-based tutoring service provider projected higher revenues for the fourth quarter and also affirmed … Read more…
S&P 500 Sets First Record Since February, Erasing Its Coronavirus Plunge
The S&P 500 closed at its highest level ever Tuesday, capping a remarkable rebound fueled by unprecedented government stimulus and optimism among investors about the world’s ability to manage the coronavirus pandemic. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to … Read more…
Amazon Bets on Office-Based Work With Expansion in Major Cities
Amazon.com is expanding its physical offices in six U.S. cities and adding thousands of corporate jobs in those areas, an indication that it is making long-term plans around office work. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request … Read more…
Remote Internships Are the ‘New Normal,’ Be Prepared to Adapt And Leverage it
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The ‘Everything Bubble’ Isn’t Everything, and Maybe Not Even a Bubble
Welcome back to the Everything Bubble, which is firmly in the imagination of the many investors complaining about it. First, it isn’t everything. Second, it isn’t a bubble. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX … Read more…