Wall Street climbs with focus on stimulus verified_publisherReuters - By Medha Singh and Shivani Kumaresan
Procter & Gamble boosts forecast as sales keep climbing verified_publisherUSA TODAY Money - Alexander Coolidge
Patriots' Copeland on money management: Pay off debt, find new long-term investments verified_publisherCNBC
ReutersU.S. Treasury Berkshire Hathaway to pay $4.1 million to settle alleged Iran sanctions violations verified_publisherReutersWASHINGTON (Reuters) - Warren Buffett’s Berkshire Hathaway Inc agreed to pay $4.14 million to settle allegations that a Turkish subsidiary may have violated U.S. sanctions against Iran, the U.S. Treasury...
ReutersLenovo Nokia seeks to block Lenovo sales in Germany over patent licensing verified_publisherReuters - By Supantha MukherjeeSTOCKHOLM (Reuters) - Nokia on Tuesday sought to enforce an injunction against Lenovo, the world's biggest PC maker, to block sales of its products in Germany after violation of a video encoding patent....
BloombergAbu Dhabi Abu Dhabi Investment Firm to Form Digital Bank With $545 Million Capital verified_publisherBloomberg - Farah Elbahrawy Abu Dhabi investment firm ADQ plans to set up a digital bank with an initial capital of 2 billion dirhams ($545 million) after obtaining the legacy …
AvatarUSA TODAY MoneyShipt Target to offer another round of incentives to its employees, Shipt workers not included verified_publisherUSA TODAY Money - Coral MurphyTarget will offer its employees another $200 bonus due to the COVID-19 pandemic, according to a statement by the company. The second round of incentives is directed towards Target's 350,000 eligible in-store,...
CNBCBankruptcy AMC warns bankruptcy is on the table as cash runs low verified_publisherCNBC - Sarah Whitten AMC has agreed to sell as many as 15 million shares of its stock, but equity in the company could soon be worthless if the largest theater chain in …
ReutersMexico City Mexico has recovered 320,000 jobs lost in pandemic, president says verified_publisherReutersMEXICO CITY (Reuters) - Mexico has so far recovered 320,000 of the roughly 1 million formal jobs that it lost in the coronavirus pandemic, President Andres Manuel Lopez Obrador said on Tuesday. Lopez was...
CNBCAnt Group Ant Group gets Hong Kong stock exchange approval, clearing last major hurdle for its massive IPO verified_publisherCNBC - Arjun Kharpal GUANGZHOU, China — Ant Group has received approval from the Hong Kong stock exchange for its highly-anticipated initial public offering (IPO), …
Lockheed Martin Lockheed Beats, Lifts 2020 Views But Cautious On 2021 investors.com - GILLIAN RICH Lockheed Martin (LMT) reported strong Q3 earnings Tuesday and guided higher for 2020 but offered an initial 2021 revenue outlook that was weak. …
CNNSingapore Airlines The world's longest flight is back -- and now it's even longer verified_publisherCNN - Person(CNN) — At a mammoth 18 hours, it was the world's longest scheduled passenger flight, seen as a feat of endurance for those who dared book it. But Singapore Airlines' Singapore-Newark flight, which covered...
NPRBusiness It Pays To Be An Apprentice: 63% More verified_publisherNPR - Adedayo AkalaAn apprenticeship program that matches employers with community colleges has launched graduates into middle class careers and could be a way to address the flagging fortunes of Americans lacking four-year...
ReutersCathay Pacific Cathay Pacific to cut 6,000 jobs, axe Cathay Dragon brand: SCMP verified_publisherReuters - by Jamie Freed(Reuters) - Hong Kong's Cathay Pacific Airways Ltd will cut around 6,000 jobs, or 18% of its workforce, and axe regional brand Cathay Dragon to help it weather the coronavirus pandemic, the South China...
FOX BusinessCadillac General Motors to build electric Cadillacs in Spring Hill, Tenn., report says verified_publisherFOX Business - Gary GasteluGM unveils first all-electric Cadillac SUV General Motors on Tuesday is likely to announce plans to build an electric Cadillac in Tennessee, according to LMC Automotive. The automaker has scheduled an...
TheStreetLockheed Martin Lockheed Martin Tops Q3 Earnings Forecast, Lifts 2020 Outlook TheStreet - Martin Baccardax Lockheed Martin said its sees full year profits of around $24.45 per share thanks in part to stronger-than-expected sales in its key aeronautics …
NPRABC (U.S.) Channing Dungey Named Chairman Of Warner Bros. Television Group verified_publisherNPR - Brakkton BookerOne of the top African American executives in Hollywood, Channing Dungey, was named chairman of the Warner Bros. Television Group on Monday. She will replace Peter Roth, who is stepping down early next...
ReutersBank of America Bank of America names Fernando Vicario as new EU bank boss verified_publisherReuters - By Sinead CruiseLONDON (Reuters) - Bank of America (BAC.N) has named Fernando Vicario as chief executive of its EU bank, based in Dublin, following Bruce Thompson's decision to relocate to the United States. Vicario's...
Business InsiderAutomotive IndustryGM will make its upcoming Hummer EV in a Detroit plant completely reconfigured in a $2.2 billion renovation to only make verified_publisherBusiness Insider - Brittany ChangGeneral Motors announced on October 16 that it has converted its Detroit-Hamtramck Assembly Center into the automaker's new sustainable flagship electric and "shared autonomous vehicle" manufacturing the...
TheStreetLogitech Logitech Surges as Pandemic Drives PC and Gaming Hardware Sales TheStreet - M. Corey Goldman Logitech surges following blowout earnings, higher full-year forecasts and analyst upgrades as the pandemic boosts demand for its computer and gaming …
ReutersIBM IBM posts double-digit cloud revenue growth; says customers deferring some projects verified_publisherReuters(Reuters) - International Business Machines Corp IBM.N edged past Wall Street estimates for quarterly revenue on Monday, bolstered by higher demand for its cloud services, a business it is staking its...
CNNAir New Zealand Air New Zealand offers 'mystery breaks' to lure travelers back verified_publisherCNN - Person(CNN) — Amid the Covid-19 pandemic, all of travel seems like a big question mark. So, one airline argues, why not embrace that question mark? Air New Zealand is bringing back its Mystery Breaks program,...
USA TODAYCole Haan Cole Haan is having a huge fall sale right now with up to 60% off boots, bags and more verified_publisherUSA TODAY - Isabelle KaganWe're officially in the thick of the fall season, which means it's finally time to bust out the leather booties and cozy jackets. If your autumnal wardrobe leaves something to be desired, however, Cole...
NPRFlying Air Travel High: TSA Screens 1 Million For 1st Time Since March verified_publisherNPR - David SchaperHow's this for an October surprise? Despite a significant rise in COVID-19 cases in many parts of the country, it appears that more people are flying on commercial jetliners than at any time over the seven...
CNNOff-roading Hummer fans hope new electric model redeems the divisive brand they love verified_publisherCNNWashington, DC (CNN) — David Oberer is used to being stared at when he drives his Hummer H1. "You either gets a thumbs up, or flipped off," Oberer told CNN Business. People approach him at gas stations,...
ReutersChina China accuses U.S. politicians of 'smearing' economic and trade cooperation verified_publisherReuters - by Gabriel CrossleyBEIJING (Reuters) - China's foreign ministry said on Tuesday some U.S. politicians were "smearing" normal economic and trade cooperation, after U.S. Secretary of State Mike Pompeo said Brazil and the States...
CNBCRetail Shoppers plan to visit fewer stores than ever this holiday season, survey says verified_publisherCNBC - Lauren Thomas A new survey predicts shoppers will visit fewer stores than ever this holiday season, ratcheting up the pressure on retailers to capture …
The GuardianWalgreens Boots Alliance Boots accused of harming social distancing by roping off HQ toilets verified_publisherThe Guardian - Rob DaviesBoots roped off office toilets for executives during the pandemic, making it harder for ordinary employees to practise social distancing, the Guardian has learned. The pharmacy firm was criticised last...
AxiosFitbit The long wait for Google's $2.1 billion Fitbit deal verified_publisherAxios - Dan Primack Google's $2.1 billion deal for Fitbit might go down as the only merger to qualify as both pre-pandemic and post-pandemic. Driving the news: European …
Welsh Government Covid: Wales' lockdown job support gap 'a barrier to firms' bbc.co.uk - BBC NewsA gap between the start of Wales' lockdown and the UK government's new Job Support Scheme is a "significant barrier" for firms trying to survive, a business group has said. A scheme to cover 67% of wages...
ReutersBank of Japan Exclusive: Bank of Japan to cut growth, inflation forecasts as pandemic pain persists - sources verified_publisherReuters - By Leika Kihara and Takahiko WadaTOKYO (Reuters) - Japan's central bank is expected to cut its growth and price forecasts for the current fiscal year at next week's rate review, sources familiar with its thinking said, as the coronavirus...
ReutersU.S. House of Representatives Oil holds steady; traders look to U.S. stimulus talks for hope verified_publisherReuters - Laila KearneyNEW YORK (Reuters) - Oil was little changed on Tuesday, pressured by the threat to demand from rising coronavirus cases worldwide and increased Libyan output, though traders said talk of a U.S. stimulus...
ReutersImpossible Foods Impossible Foods launches in Asian grocery stores as it aims to move into China verified_publisherReuters - by Farah MasterHONG KONG (Reuters) - Impossible Foods' faux beef burgers will be sold in grocery stores in Hong Kong and Singapore starting Tuesday, the company said as it vies to bolster its presence in Asia and before...
