Business News
page: 1
next
Pingdemic chaos: Could the UK run out of food?
Shoppers are being urged not to stockpile as some supermarkets are already seeing empty shelves caused by the “pingdemic” in
U.S. administers 339.8 mln doses of COVID-19 vaccines - CDC
July 22 (Reuters) - The United States has administered 339,763,765 doses of COVID-19 vaccines in the country as of Thursday morning and
REE Automotive plans 2023 production of delivery van, people mover
LONDON, July 22 (Reuters) - REE Automotive, which received shareholder approval for a reverse merger with special acquisition company 10X Capital Venture Acquisition Corp (VCVC.O) on Thursday, plans to launch production of an electric delivery van and a people
FDA classifies Philips ventilator recall as most serious
July 22 (Reuters) - The U.S. Food and Drug Administration on Thursday classified the recall of Philips' (PHG.AS) breathing devices and
US regulator issues notice to Dakota Access pipeline over safety concerns
July 22 (Reuters) - The U.S. Department of Transportation's pipeline regulator on Thursday put the operator of the Dakota Access Pipeline (DAPL), Energy Transfer LP (ET.N), on notice for probable violations of safety regulations and proposed a civil
[Startup Bharat] Meet five startups from Jaipur that are making a mark
Read full article Rashi Varshney ( ) 23 July 2021, 1:10 am·5-min read When you think of fantasy gaming, electric vehicle, a soonicorn, or an ecommerce major, you would think they would be based in India’s silicon valley Bengaluru, unicorn hub Gurugram, or
Wall Street inches higher in pivot back to growth stocks
Summary Weekly jobless claims rise unexpectedlyBiogen up on raising full-year revenue forecastAirlines dip after Southwest, American Airlines resultsIndexes up: Dow 0.16%, S&P 0.20%, Nasdaq 0.38% NEW YORK, July 22 (Reuters) - Wall Street edged higher on
U.S. CDC advisers back J&J COVID-19 vaccine benefits amid neurological illness reports
July 22 (Reuters) - Despite reports of a rare neurological disorder appearing in some people who have received Johnson & Johnson's (JNJ.N) COVID-19 vaccine, the benefits of its use outweigh the risks, a U.S. Centers for Disease Control and Prevention
Carlyle seeks to raise as much as $27 bln for latest flagship fund - Bloomberg News
July 22 (Reuters) - Private equity firm Carlyle Group Inc (CG.O) is looking to raise as much as $27 billion for its latest flagship fund, Bloomberg News reported on Thursday. The firm
Australia's Star Entertainment abandons $6.6 bln bid for Crown Resorts
Summary Star cites uncertainty over Crown's Melbourne casino licenceSays it has had limited engagement with Crown so farCrown faces two inquiries that could impact casinos in Melbourne, Perth July 23 (Reuters) - Star Entertainment Group (SGR.AX) said it
Spacing Pfizer COVID shots boosts antibody levels after initial drop -study
LONDON, July 23 (Reuters) - A longer gap between doses of Pfizer's (PFE.N) COVID-19 vaccine leads to higher overall antibody levels than a shorter gap, a British study found on Friday, but there is a sharp drop in antibody levels after the first dose. The
U.S. Treasury's Yellen tells development banks to mobilize private capital for climate fight
WASHINGTON, July 22 (Reuters) - U.S. Treasury Secretary Janet Yellen told the heads of the World Bank and other multilateral development banks on Thursday to come up with concrete plans to mobilize significantly more capital to fight climate change and support
UK to launch daily COVID tests in food sector to tackle 'pingdemic'
LONDON, July 22 (Reuters) - Daily contact testing will be rolled out to workplaces in Britain's food sector so staff who have been 'pinged' by the COVID-19 app can keep working if they test negative rather than
Why Your Company’s Security Starts With Company Culture
Cultivating and training a reliable and trustworthy group of employees will set your company up for success. One security technology company built this model into its tools and helps businesses prevent data security leaks by training employees. ...
Barack Obama And Bruce Springsteen Bring Their Podcast To The Literary World
Former President Barack Obama and musician Bruce Springsteen are bringing their podcast, Renegades: Born In The USA, to the book world. ...
New York Giants Kadarius Toney Lands On Reserve/COVID List
The New York Giants will be starting training camp minus some key player on the offensive side of the ball, including first-round pick Kadarius Toney. ...
Bharat Dynamics (₹406.2): Buy
The stock of Bharat Dynamics has jumped 5.7 per cent with above average volume on Thursday, breaking above a key long-term resistance at ₹384. This rally provides short-term investors an
Day Trading Guide for July 23, 2021
₹1449 • HDFC Bank S1 S2 R1 R2 COMMENT 1436 1420 1465 1480 Initiate fresh long positions with a tight stop-loss if the stock rebounds up from ₹1,436 levels ₹1590 • Infosys S1 S2 R1 R2 COMMENT 1575 1560 1600 1615 Make use of intraday dips to buy the stock while
“Old,” Reviewed: M. Night Shyamalan’s New Old-School Sci-Fi Movie
With spare methods and sharp images, the director turns a simple premise into potent fantasy. ...
Mercedes sketches out all-electric scenario by decade’s end
FRANKFURT, Germany — Daimler AG’s luxury car brand Mercedes-Benz says it is stepping up its transition to electric cars, doubling the share of sales planned by 2025 and sketching out a market scenario in which new car sales would “in essence” be fully electric
Twitter posts stronger-than-expected Q2 results, shares jump
Twitter on Thursday posted stronger-than-expected earnings for the second quarter thanks to growing advertising demand across all geographic regions and types of ad products. The San Francisco-based company earned $65.6 million, or 8 cents per share, in the
Ticker: Southwest, American post 2Q profits; St. Vincent nurses return to table
American Airlines and Southwest Airlines both posted second-quarter profits on Thursday thanks to generous federal pandemic relief that covers most of their labor costs. The reports on Thursday underscored the
ECB leaves key interest rates unchanged, revises forward guidance
© Provided by Xinhua According to the latest decisions, eurozone key interest rates will remain at record low levels, with the base interest rate, marginal lending rate and deposit rate unchanged at 0.00 percent, 0.25 percent and minus 0.50 percent,
Indoor dining to return to Ireland's restaurants with new Covid rules
DUBLIN, Ireland: Ireland is moving forward to reopen indoor dining throughout the country following 16 months of Covid lockdowns. New guidelines will allow indoor dining for those who are fully vaccinated and present a vaccination certificate, beginning July
9 Indicted in US for Being Illegal Agents of China
Nine people have been indicted on charges of operating in the United States as illegal agents of China. The group allegedly "conducted surveillance of and engaged in a campaign to harass, stalk and coerce certain residents of the United States to return to the
Thousands of Websites Go Down in Global Outage
Thousands of websites around the world were unreachable Thursday in what appears to have been a problem with a widely used content distribution network.
Africa demands local production of Covid-19 vaccines
Africa has administered just 60 million vaccine doses in a population of 1.3 billion.Many African nations rely on global vaccine sharing scheme Covax or donations from countries like China and India.WHO Africa's Matshidiso Moeti has called for local production
US 'disappointed' with China for rejection of COVID probe
By Reena BhardwajWashington DC , July 23 (ANI): White House press secretary Jen Psaki on Thursday slammed China for rejecting a fresh World Health Organisation (WHO) probe into the origins of COVID-19. Speaking to reporters at a White House briefing, Psaki
Chinese city picks through the debris after record rains kill 33
The severe floods in the city of Zhengzhou have claimed at least 33 lives.In Anyang city, north of Zhengzhou, some areas received over 100 millimetres of rain.More than 500 people were rescued after two subway trains were submerged in Zhengzhou. Piles of cars
China rejects WHO plan for study of Covid-19 origin
China says WHO's plan for the study of Covid-19 origin "disregards common sense and defies science".China's vice minister of the National Health Commission said he hoped that WHO would treat the origin tracing plan of the virus as a scientific matter, and get
Wall Street records moderate across the board gains
NEW YORK, New York - A recent spike in jobless claims has failed to deter investors in U.S. stocks. All the major indices continue to flirt with their all-time highs as they advanced on Thursday, for the third day in a row. "The market got spooked over jobless
U.S. inflation draws concerns from investors, experts
© Provided by Xinhua -- MRB Partners estimated that aggregate inflation in the U.S. economy is now running at a 9 percent annual rate, which is about twice that of the core CPI inflation and the highest reading since 1980. -- The Fed's prevailing
China's Zhengzhou Begins Cleanup After Deadly Storms
BEIJING - Residents of the storm-ravaged central Chinese city of Zhengzhou on Thursday were shoveling mud from their homes and hauling away wrecked cars and piles of destroyed belongings following floods that killed at least 33 people in the city and
Thousands of websites unavailable after Akamai glitch
Cambridge (Massachusetts) , July 22 (ANI): Major websites and Internet services including those of banking shipping and technology companies faced outages on Thursday with Cloud services provider Akamai Technologies stating that it had
WTA roundup: Katarzyna Kawa keeps Polish hope alive in Gdynia
Katarzyna Kawa kept a home-soil run alive when she upset No. 3 seed Irina-Camelia Begu of Romania 6-2, 6-4 in the second round Thursday at the BNP Paribas Poland Open in Gdynia. Kawa,
Toxic pollution, climate risks to human health
Washington , July 22 (ANI): In a new study that combines assessments of the risks of toxic emissions, nontoxic emissions, and people's vulnerability to them, researchers found a strong and statistically significant relationship between the spatial distribution
'China's position on COVID-19 origin probe dangerous'
Washington DC , July 23 (ANI): After China rejected the second phase of the World Health Organisation (WHO) probe, the United States on Friday accused Beijing of "stonewalling" the study of origins of COVID-19. Addressing a press briefing, White House
Novak Djokovic faces tough draw at Olympics
World No. 1 Novak Djokovic's road to the Golden Slam is not an easy one, with possible matches against Andrey Rublev and Alexander Zverev in his path at the Tokyo Olympics. Djokovic, representing Serbia, has won the season's first
China's President makes surprise visit to Tibet
Washington DC , July 23 (ANI): Chinese President Xi Jinping has made an unannounced visit to Tibet, according to International Campaign for Tibet (ICT). Video clips shared on Chinese social media on Thursday show Xi addressing people in the city of Nyingtri
LeBron James surpasses $1B in career earnings
NBA superstar LeBron James has joined the billionaires' club, Sportico reported Thursday. The "Space Jam: A New Legacy" star is the first active NBA player ever to
Unemployment rises in Chattanooga to the highest level in eight months
Unemployment rose last month in the Chattanooga area to its highest rate in eight months, but many employers say they are still having trouble filling vacancies as the economy rebounds from the coronavirus pandemic. The jobless rate in the 6-county Chattanooga
Skechers: Q2 Earnings Snapshot
Skechers USA Inc. (SKX) on Thursday reported second-quarter net income of $137.4 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Manhattan ...
Midland States Bancorp: Q2 Earnings Snapshot
Midland States Bancorp, Inc. (MSBI) on Thursday reported second-quarter net income of $20.1 million. The Effingham, Illinois-based bank said it had earnings of 88 cents per share. Earnings, adjusted for ...
Twitter: Q2 Earnings Snapshot
Twitter Inc. (TWTR) on Thursday reported second-quarter net income of $65.6 million, after reporting a loss in the same period a year earlier. On a per-share basis, the San Francisco-based ...
Colony Bankcorp: Q2 Earnings Snapshot
Colony Bankcorp Inc. (CBAN) on Thursday reported second-quarter net income of $4 million. The Fitzgerald, Georgia-based bank said it had earnings of 42 cents per share. Earnings, adjusted for costs ...
Intel: Q2 Earnings Snapshot
Intel Corp. (INTC) on Thursday reported second-quarter earnings of $5.06 billion. On a per-share basis, the Santa Clara, California-based company said it had profit of $1.24. Earnings, adjusted for one-time ...
Bryn Mawr Bank: Q2 Earnings Snapshot
Bryn Mawr Bank Corp. (BMTC) on Thursday reported second-quarter net income of $21.3 million. The bank, based in Bryn Mawr, Pennsylvania, said it had earnings of $1.06 per share. Earnings, ...
Celanese: Q2 Earnings Snapshot
Celanese Corporation (CE) on Thursday reported second-quarter earnings of $538 million. On a per-share basis, the Irving, Texas-based company said it had net income of $4.77. Earnings, adjusted for non-recurring ...
Snap: Q2 Earnings Snapshot
Snap Inc. (SNAP) on Thursday reported a loss of $151.7 million in its second quarter. The Santa Monica, California-based company said it had a loss of 10 cents per share. ...
SVB: Q2 Earnings Snapshot
SVB Financial Group (SIVB) on Thursday reported second-quarter profit of $502 million. The bank, based in Santa Clara, California, said it had earnings of $9.09 per share. The results surpassed ...
Del Taco: Q2 Earnings Snapshot
Del Taco Restaurants Inc. (TACO) on Thursday reported second-quarter net income of $6 million, after reporting a loss in the same period a year earlier. The Lake Forest, California-based company ...
Intel Sales Forecast Implies Rocky Second Half Of 2021 Amid Supply Constraints
Read full article Oops! Something went wrong. Please try again later. More content below INTC News18 23 July 2021, 12:30 am·3-min read Oops! Something went wrong. Please try again later. More content below INTC Chipmaker Intel Corp said on Thursday it
Ministry to boost trade despite barriers
Exporters hurting from rising shipping costs to get help; global ties will deepen All necessary efforts will be made to stabilize and grow China's foreign trade despite mounting barriers and challenges, government officials said on Thursday. For instance,
Carbon biz to spur green investments
Vibrancy in China's carbon emissions trading system will help advance the green transformation of the country's energy-intensive industries and make green investment a major theme in the capital market, said experts. Inaugurated on July 16, China's national
Blueprint unveiled for central region's growth
China is paving the way for the central region to power ahead, with the focus on boosting high-quality development and promoting high-level opening-up, according to a new guideline released on Thursday. The new document marks the latest move from the central
Road planners 'can ignore climate change'
Government guidelines mean road planners can effectively ignore climate change, campaigners say. ...
Hire! Philly launches professional networking site to get people back to work
The initiative seeks to differ from job search engines like Indeed and Glassdoor in that it is powered by skills rather than keyword searches. ...
Intel CEO bullish on new foundry business, stays mum on acquisition rumors
Intel CEO Pat Gelsinger didn’t directly address rumors the chip giant is evaluating a major acquisition to bolster its new foundry business, but he did tell analysts that consolidation is likely for foundries. ...
Insurers flee the flames: Berkeley Hills homeowners hit with rash of nonrenewals
A state-imposed moratorium ended in December, leaving some homeowners scrambling for fixes ahead of a dangerous fire season. ...
Trammell Crow is aiming to start building a 500,000-sf industrial park in Morgan Hill by year-end
Trammell Crow has two big new business parks in the works for the South Santa Clara County city to address its "remarkably low" vacancy rate on industrial space. ...
Why (& How) Your Print on Demand Designs Get STOLEN
Go to the source via the link below to view the video. ...
Indexes inch higher on Wall Street, preserving weekly gains
Stocks eked out modest gains on Wall Street today, extending the market’s winning streak into a third day and keeping the major indexes on pace to end the week higher. ...
NHL schedule will include break but no guarantee of Olympics
Commissioner Gary Bettman said Wednesday the NHL schedule will include a break for the 2022 Winter Olympics even though there is no commitment the league’s players will go to Beijing ...
Trendlines shelves plans to dual-list on Tel Aviv bourse
SINGAPORE (THE BUSINESS TIMES) - Singaoire-listed The Trendlines Group said on Thursday (July 22) that it will drop its plan for a proposed dual primary listing and securities offer on the Tel Aviv Stock Exchange (TASE) in Israel. In an exchange filing, the
Intel raises full-year sales forecast, but supply constraint woes send shares down
SAN FRANCISCO (REUTERS) - Intel raised its annual revenue forecast above Wall Street expectations on Thursday (July 22), but chief executive Pat Gelsinger said the outlook for the chipmaker was still "supply constrained" and that it could take the industry two
Star withdraws Crown casino merger proposal in wake of royal commission evidence
The Star Entertainment Group has withdrawn its bid to merge with Crown Resorts after a royal commission in Victoria heard Crown had been involved in illegal conduct. ...
Crude steel production grows 24% in the 1st semester -Brazil Steel Institute
RIO DE JANEIRO, BRAZIL - Steel mills produced
Brazil’s Petrobras’ oil and gas production is stable in the 2nd quarter
RIO DE JANEIRO, BRAZIL - Petrobras registered, in
Here's What To Watch For At The Tokyo Olympics This Weekend
The opening ceremony kicks off early Friday morning. ...
Emerging from pandemic, senior care facilities face a host of challenges
Steve Coetzee doesn’t know what the future holds
Third of businesses revisit succession plans amid Covid-19 disruption
More than a third of business owners have reconsidered their succession strategy as a result of the pandemic. A June survey of business owners by consultancy Platform 1 has found 60 percent of the business owners surveyed
Brisbane cosmetics chain collapses
A Brisbane-based cosmetics chain catering for Asian consumers has collapsed after the business incurred heavy losses due to Covid-19. ...
IAG flags full-year net loss, restarts guidance
IAG has reported a preliminary full-year net loss of $427m and a cash profit of $747m, which looks to have missed Bloomberg‘s consensus estimate of $773.3m by 3.4 per cent. ...
Morning Report 23 Jul 21: US sharemarkets rose on Thursday
Investors weighed up mixed corporate earnings results and similarly mixed economic data. ...
Kaseya, the tech firm hit by ransomware, gets the key to unlock its customers’ data.
Kaseya said the key was “effective at unlocking victims.” How the company obtained the key was a mystery. ...
Railroad Industry Worried About Biden Executive Order
An executive order signed by President Joe Biden that could force railroads to allow other operators to use their tracks could reduce competition
As Deadly Flood Ravages Chinese City, Beijing’s Censors Goes Into Overdrive Suppressing ‘Negative Energy’ Content
Seasonal monsoons are flooding major Chinese cities, leading to extensive civilian casualties and widespread destruction of property. Information
A pizza and cheesesteak shop will open in Charlotte’s Midtown. Here’s what we know.
A pizza and cheesesteak restaurant is planned in Charlotte’s Midtown. Amma’s Pizza & Cheesesteaks will open at 601 S. Kings Drive in the Kings Pointe Shopping Center, FS Food Group ...
Study: Young workers now value respect over 'fun' perks in the workplace
Millennials, often referred to as the "job-hopping generation," represent a group of young workers who once grabbed the national spotlight with their publicized demands for "fun" work perks, such as happy hours. However, researchers at the Novak Leadership
Amazon’s mission: Getting a ‘key’ to your apartment building
By Joseph Pisani | The Associated Press Amazon is tired of ringing doorbells. The online shopping giant is pushing landlords around the country — sometimes with financial incentives — to give its drivers the ability to unlock apartment-building doors
MDOT seeks federal aid for backup generators to prevent freeway flooding
The Michigan Department of Transportation is seeking $50 million in federal disaster relief funding to install backup generators in metro Detroit freeway pump stations after more than two dozen pumps lost electricity during a torrential rainstorm last month.
Despite Praise For Hannity And Doocy, Fox News Still Offers Muddled Views On Vaccines
Sean Hannity and Steve Doocy drew applause from some corners after they encouraged Fox News viewers to get vaccinated this week -- but some of the network’s biggest stars still offer a mixed picture on vaccines. ...
Victoria Covid-19 exposure sites: full list of Melbourne and regional Vic coronavirus hotspots and case ...
Here are the current coronavirus hotspots and Tier 1, 2 and 3 Covid-19 public exposure site locations in Victoria and Melbourne, and what to do if you’ve visited them Victoria’s Covid lockdown restrictions explained Follow our Covid live blog for the latest
UK faces legal action over North Sea oilfield exploration plans
Greenpeace threatens to take government to court as approval risk undermining climate targets The government faces the threat of legal action over plans to allow exploration at the Cambo oilfield near Shetland after promising to put an end to new oil
Jackson reviews water system staff to comply with EPA order
Officials in Mississippi’s capital city said Thursday that they’re confident they can meet the first deadlines in an agreement with the federal government on steps to improve the quality of ...
Heritage Commerce: Q2 Earnings Snapshot
Heritage Commerce Corp. (HTBK) on Thursday reported second-quarter earnings of $8.8 million. The bank, based in San Jose, California, said it had earnings of 15 cents per share. The results ...
OP Bancorp: Q2 Earnings Snapshot
OP Bancorp (OPBK) on Thursday reported second-quarter earnings of $6.4 million. The bank, based in Los Angeles, said it had earnings of 42 cents per share. The company posted revenue ...
No one hurt in natural gas pipeline explosion in Kansas
A natural gas pipeline exploded Thursday in a rural western Kansas cattle pasture, igniting a large plume of fire seen by motorists on nearby Interstate 70 in Ellsworth County, authorities ...
Southwest, American post 2Q profits as air travel picks up
DALLAS — American Airlines and Southwest Airlines both posted second-quarter profits on Thursday thanks to generous federal pandemic relief that covers most of their labor costs. The reports on Thursday underscored the progress that airlines are making in
Judge tosses suit by Candace Owens over Facebook fact checks
DOVER, Del. (AP) — A Delaware judge has dismissed a lawsuit filed by conservative political commentator Candace Owens against USA Today and another media organization over fact-checking coronavirus posts she made on Facebook. The judge ruled earlier this week
University of California regents approve rare tuition hike
SAN FRANCISCO (AP) — Despite opposition from student groups, University of California regents on Thursday approved a multiyear plan to raise tuition and fees at one of the nation’s premier public university systems. The systemwide tuition increase will
COVID variant continues relentless spread in LA County, even among vaccinated residents
A relentless surge of COVID-19 cases continued in Los Angeles County on Thursday, July 22, as another 2,700 cases were reported, with the percentage of infections occurring among fully vaccinated residents steadily rising. In fact, during the month of June,
Smartphone shipments in Apr-June dip on QoQ basis
Chennai: The Covid second wave dented India’s smartphone market in the April to June period by around 13%-15% sequentially, but grew a heady 60% as compared to the same quarter last year. A surge in Covid cases in April-May limited consumers’ disposable income
BlackBuck enters unicorn club, raises $67 million led by Tribe Capital, others
Chennai: Logistics tech enterprise BlackBuck is India’s 16th unicorn this year as the company closed a $67 million series E round of funding led by Tribe Capital, IFC Emerging Asia Fund and VEF. Existing investors Wellington Management, Sands Capital, and
