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New York
New York's Cuomo calls federal COVID-19 response 'worst government blunder in modern history'
  • US
  • 2020-08-03 17:51:59Z

Cuomo said that states where cases are currently spiking, including Texas and Florida, followed the federal government's lead in playing down the epidemic, which led them to reopen their economies too soon. "This was the worst government blunder in modern history," Cuomo said of the federal government's response to the pandemic. "It was a mistake to deny the reality that happened in New York," he added.

Do Coca-Cola
Do Coca-Cola's (NYSE:KO) Earnings Warrant Your Attention?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...

US CEOs urge Congress to provide help to small businesses
US CEOs urge Congress to provide help to small businesses

More than 100 American business leaders sent a letter to top Congressional lawmakers on Monday urging them to lay aside partisan bickering and approve emergency aid for small businesses suffering during the coronavirus pandemic. The CARES Act passed by Congress in late March authorized several lending programs to help companies weather the crisis, but its additional $600 per-week in federal unemployment payments to workers laid off amid the pandemic has lapsed, as has its moratorium on evictions for those who rent their homes. "Small businesses are too critical to our country's economic strength to let fail," the business leaders said in the letter.

Did Hedge Funds Make The Right Call On Rio Tinto Group (RIO)?
Did Hedge Funds Make The Right Call On Rio Tinto Group (RIO)?

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]

Did Hedge Funds Make The Right Call On NextGen Healthcare, Inc. (NXGN)?
Did Hedge Funds Make The Right Call On NextGen Healthcare, Inc. (NXGN)?

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

Were Hedge Funds Right About Kosmos Energy Ltd (KOS)?
Were Hedge Funds Right About Kosmos Energy Ltd (KOS)?

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]

Are Jerash Holdings (US), Inc. (NASDAQ:JRSH) Investors Paying Above The Intrinsic Value?
Are Jerash Holdings (US), Inc. (NASDAQ:JRSH) Investors Paying Above The Intrinsic Value?

How far off is Jerash Holdings (US), Inc. (NASDAQ:JRSH) from its intrinsic value? Using the most recent financial...

Trump threatens legal action after Nevada passes bill to expand mail-in voting
Trump threatens legal action after Nevada passes bill to expand mail-in voting

Trump said he would challenge a Nevada bill that would automatically send mail-in ballots to voters ahead of November's election.

Were Hedge Funds Right About Buying The Hain Celestial Group, Inc. (HAIN)?
Were Hedge Funds Right About Buying The Hain Celestial Group, Inc. (HAIN)?

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

A Trio of Stocks Trading Below Intrinsic Value
A Trio of Stocks Trading Below Intrinsic Value

Purchasing them now grants margins of safety Continue reading...

New Jersey governor retightens restrictions on indoor gatherings after COVID-19 surge
New Jersey governor retightens restrictions on indoor gatherings after COVID-19 surge
  • US
  • 2020-08-03 17:36:40Z

"We have to go back and tighten these restrictions once again until we begin to see the numbers of cases decrease." The restrictions will not apply to weddings, funerals and memorial services, and religious and political activities protected under the First Amendment, Murphy said. The rate of COVID-19 transmission has climbed to 1.48 in New Jersey, the governor said, compared with 0.87 about a month ago, while cases have also been on the rise.

The Rich Still Want to Buy Their Ferraris
The Rich Still Want to Buy Their Ferraris

(Bloomberg Opinion) -- The business of making Ferraris is doing embarrassingly well in the pandemic.Covid-19 has affected the production and delivery of luxury cars, but not demand from the wealthy to acquire them, as analysts have noted. The financial impact of the virus on Ferrari NV's performance is, for now, looking like only one quarter of lost earnings. Management has handled the crisis well.Revenue fell 42% year-on-year in the second quarter, with vehicle shipments dropping 48%, Monday's results revealed. Production slipped after factories were closed to protect workforces, and the shuttering of dealers hampered deliveries. The company decided against taking the axe to capital...

SHAREHOLDER ALERT: Halper Sadeh LLP Continues to Investigate the Following Mergers; Shareholders are Encouraged to Contact the Firm - MJCO, GSB, OTEL, ONDK
SHAREHOLDER ALERT: Halper Sadeh LLP Continues to Investigate the Following Mergers; Shareholders are Encouraged to Contact the Firm - MJCO, GSB, OTEL, ONDK

NEW YORK, NY / ACCESSWIRE / August 3, 2020 / Halper Sadeh LLP, a global investor rights law firm, is investigating:Majesco (NASDAQ:MJCO) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thoma Bravo, L.

Does This Valuation Of Johnson Controls International plc (NYSE:JCI) Imply Investors Are Overpaying?
Does This Valuation Of Johnson Controls International plc (NYSE:JCI) Imply Investors Are Overpaying?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Johnson Controls...

Why MMA Capital Holdings (MMAC) Stock is a Compelling Investment Case
Why MMA Capital Holdings (MMAC) Stock is a Compelling Investment Case

Alluvial Capital Management recently released its Q2 2020 Investor Letter, a copy of which you can download here. In the letter, among other things, the fund reported a return for its Alluvial Fund LP Net of 14.8% for Q2 2020. You should check out Alluvial Capital's top 5 stock picks for investors to buy right […]

Siemens Healthineers plans two-step 7.5 billion euro capital hike for Varian acquisition - sources
Siemens Healthineers plans two-step 7.5 billion euro capital hike for Varian acquisition - sources

Siemens Healthineers plans a two-step capital increase to raise 7.5 billion euros ($8.80 billion) via share placements to help finance its acquisition of Varian Medical Systems , sources close to the matter said on Monday. The German health group said on Sunday it was buying U.S. peer Varian in a $16.4 billion deal that seeks to create the global leader in cancer care solutions. Varian shares rose 22% in early trading on Monday, while Healthineers' shares were down 6.7% at 41.00 euros each on concerns that Healthineers was paying a steep price.

National Press Club To Unveil Freedom Clock For Austin Tice, August 14
National Press Club To Unveil Freedom Clock For Austin Tice, August 14

National Press Club To Unveil Freedom Clock For Austin Tice, August 14PR NewswireWASHINGTON, Aug. The event will take place in the lobby of the Club by the staircase at noon, Aug.

FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Wells Fargo & Company and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Wells Fargo & Company and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Securities and Exchange Commission.

The Financial Impact of Healthcare Price Transparency
The Financial Impact of Healthcare Price Transparency

Economist Brian Blase Working with PatientRightsAdvocate.org to Discuss the Importance of Price Transparency in Healthcare

Ecuador
Ecuador's creditors accept debt restructure plan

Ecuador's creditors have voted in favor of a restructuring plan for $17.4 billion of debt that will see the South American country's capital and interest payments reduced, the government of President Lenin Moreno said on Monday. The deal means the debt will be reduced by more than £1.5 billion with the interest rate falling from 9.2 to 5.3 percent. Moreno wrote on Twitter that "the required majority" of votes had been secured to finalize the renegotiation.

Here
Here's What To Make Of ITT's (NYSE:ITT) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...

Tanzanite: Tanzanian miner earns millions after second rare find
Tanzanite: Tanzanian miner earns millions after second rare find
  • World
  • 2020-08-03 17:23:13Z

Saniniu Laizer sells a Tanzanite stone for $2 million (£1.5m), months after a similar find.

Government urges post-Brexit drug stockpiles
Government urges post-Brexit drug stockpiles
  • World
  • 2020-08-03 17:23:00Z

Firms should have six weeks' worth of post-Brexit drug stockpiles by the end of 2020, the government says.

We
We're Watching These Trends At Huttig Building Products (NASDAQ:HBP)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...

Google signs up six more partners for its digital banking platform coming to Google Pay
Google signs up six more partners for its digital banking platform coming to Google Pay

Google is expanding its plans to offer digital banking services in the U.S. The company announced today it's partnering with half a dozen more banks to offer digital checking and savings accounts to Google Pay users in the U.S., starting sometime next year. The new partners include Bank Mobile, BBVA USA, BMO Harris, Coastal Community Bank, First Independence Bank, and SEFCU. News of Google's big move into banking and personal finance through an effort known internally as "Project Cache," was first reported by The Wall St. Journal in November.

An uncanny humanoid robot is working at a government office in Russia - here
An uncanny humanoid robot is working at a government office in Russia - here's how it works

Previously, a Promobot was spotted around New York City surveying people about possible coronavirus symptoms before getting banned from a park.

Millions miss out on mortgage savings averaging $287 a month: study
Millions miss out on mortgage savings averaging $287 a month: study

Not refinancing to capitalize on falling mortgage rates can be costly, new research says.

Did You Participate In Any Of Gladstone Commercial
Did You Participate In Any Of Gladstone Commercial's (NASDAQ:GOOD) Respectable 74% Return?

The main point of investing for the long term is to make money. But more than that, you probably want to see it rise...

Did Hedge Funds Drop The Ball On Liberty Tripadvisor Holdings Inc (LTRPA) ?
Did Hedge Funds Drop The Ball On Liberty Tripadvisor Holdings Inc (LTRPA) ?

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

Trump to remove two members of Tennessee Valley Authority Board, criticizes CEO
Trump to remove two members of Tennessee Valley Authority Board, criticizes CEO
  • US
  • 2020-08-03 17:09:40Z

President Donald Trump said on Monday he was formally removing two members from the board of the Tennessee Valley Authority, and criticized its chief executive as overpaid. In remarks during a White House event, Trump threatened to remove the agency's chief executive, Jeff Lyash, and called on the utility's board to do so. Trump has previously been critical of the agency and threatened firm disciplinary action against it.

Teachers protest across U.S. over re-opening schools in pandemic
  • US
  • 2020-08-03 17:03:17Z

Teachers and support staff at more than 35 school districts across the United States on Monday are protesting the re-opening of schools while COVID-19 is surging in many parts of the country. On Twitter, the Milwaukee Teachers' Education Association showed protesters making fake gravestones that

Other mammals lose out in panda conservation drive
Other mammals lose out in panda conservation drive

Several carnivorous animals have almost disappeared from areas set up to protect giant pandas.

UK urges medicine suppliers to stockpile before Brexit transition ends
UK urges medicine suppliers to stockpile before Brexit transition ends
  • US
  • 2020-08-03 16:54:16Z

The British government has urged medicine suppliers to prepare for the country's exit from the EU single market and customs union on Dec. 31 by building up six weeks' worth of stocks in case of disruption to imports. Under the terms of an ongoing transition period, customs and border arrangements have remained unchanged since Britain left the European Union on Jan. 31, but new checks are expected to come into force when the transition ends on Dec. 31. "We recognise that global supply chains are under significant pressure, exacerbated by recent events with COVID-19," the health ministry said in a letter to medicine suppliers which it published on Monday.

Texas man jailed in stabbing death of his 7-year-old brother
  • US
  • 2020-08-03 16:34:17Z

A Texas man was jailed on a capital murder charge Sunday after police say he fatally stabbed his 7-year-old brother in a suburb of Fort Worth. Officers were called to a home in Haltom City around 9:45 p.m. Saturday and found Jacob Gabriel Brito bleeding from multiple stab wounds, police said in a statement

Florida to provide 15-minute COVID-19 test results at two sites
Florida to provide 15-minute COVID-19 test results at two sites
  • US
  • 2020-08-03 16:33:27Z

Only those who show symptoms or who are over 65 years old will be eligible for the rapid turnaround test, he said. The rapid test will be available at the Hard Rock Stadium and Marlins Park, sports arenas now given over to testing sites run by public health officials, DeSantis said.

Virgin Orbit determines cause of rocket launch failure
  • US
  • 2020-08-03 16:33:12Z

Virgin Orbit said Monday it has determined what caused the failure of its debut rocket launch and is working toward a second flight that will carry small satellites for NASA. The Long Beach, California, company founded by Richard Branson, experienced a premature shutdown of its main rocket engine on

Manhattan DA investigating Trump for more than
Manhattan DA investigating Trump for more than 'hush-money' payments
  • US
  • 2020-08-03 16:30:07Z

The investigation is related to "alleged insurance and bank fraud by the Trump Organization and its officers," among other things, Manhattan District Cyrus Vance said in seeking to dismiss Trump's challenge to a subpoena for eight years of his personal and corporate tax records. A week ago, Trump made his latest bid to quash Manhattan Vance's subpoena, after the U.S. Supreme Court ruled the president was not immune from state criminal probes. In his second amended complaint, filed in federal court in Manhattan on July 27, Trump argued the subpoena was "wildly overbroad" and was issued "bad faith."

U.S. Democrats issue subpoenas in probe of State Department watchdog firing
U.S. Democrats issue subpoenas in probe of State Department watchdog firing
  • US
  • 2020-08-03 16:24:32Z

Senior U.S. congressional committee Democrats announced subpoenas on Monday for depositions from four aides to Secretary of State Mike Pompeo as they investigate President Donald Trump's abrupt firing of Steve Linick as State Department inspector general. The subpoenas were issued on Monday to Brian Bulatao, Under Secretary of State for Management; Marik String, Acting State Department Legal Adviser; Michael Miller, Deputy Assistant Secretary of State for Political-Military Affairs and Toni Porter, a senior adviser.They were announced by Representative Eliot Engel, chairman of the House of Representatives Committee on Foreign Affairs, Carolyn Maloney, chairwoman of the House Committee on...

Chicago artist brings segregated residents together in 'Folded Map Project'
  • US
  • 2020-08-03 16:09:12Z

When Tonika Johnson started photographing houses with corresponding addresses in the city's North and South sides in her Folded Map Project, she decided to bring the residents together. The North Side is a largely affluent, white area, while the South Side is traditionally African-American, and

Genoa has new bridge 2 years after collapse that killed 43
Genoa has new bridge 2 years after collapse that killed 43
  • US
  • 2020-08-03 16:01:40Z

Italy's president headed to Genoa for an evening ceremony Monday to inaugurate a replacement bridge, but the families of those killed when the Morandi Bridge collapsed are boycotting the event, along with the firefighters who had to pull the dead from the debris. The new bridge - a key artery for the northern Italian city - was built with round-the-clock construction, even during the COVID-19 pandemic.

Some COVID-19 survivors suffer psychiatric disorders, Italian study says
  • US
  • 2020-08-03 15:41:37Z

COVID-19 survivors suffer higher rates of psychiatric disorders including post-traumatic stress (PTSD), anxiety, insomnia and depression, according to a study conducted by San Raffaele hospital in Milan on Monday. "It was immediately clear that the inflammation caused by the disease could also

Egypt, Sudan, Ethiopia return to talks over disputed dam
Egypt, Sudan, Ethiopia return to talks over disputed dam
  • World
  • 2020-08-03 15:38:45Z

Three key Nile basin countries on Monday resumed their negotiations to resolve a years-long dispute over the operation and filling of a giant hydroelectric dam that Ethiopia is building on the Blue Nile, officials said. The talks came a day after tens of thousands of Ethiopians flooded the streets of their capital, Addis Ababa, in a government-backed rally to celebrate the first stage of the filling of the Grand Ethiopian Renaissance Dam's 74 billion-cubic-meter reservoir. Ethiopia's announcement sparked fear and confusion downstream in Sudan and Egypt.

Latina judge from New Jersey breaks silence two weeks after attacker kills her son
  • US
  • 2020-08-03 15:33:07Z

Roy Den Hollander, a lawyer and self-described anti-feminist, went to the judge's North Brunswick home on July 19, and shot her son Daniel Anderl, 20, and husband Mark Anderl, 63, when they opened the door. Salas said he had her family's personal information, including her home address, and

Anti-Kremlin protests continue in Russia
Anti-Kremlin protests continue in Russia's far east for 24 days
  • World
  • 2020-08-03 15:26:59Z

Approximately 10,000 people attended Saturday's demonstration despite pouring rain. Some chanted, "Russia without Putin" and "We are power here."

Leaked documents brandished by Jeremy Corbyn
Leaked documents brandished by Jeremy Corbyn 'were hacked by Russians from minister's account'
  • World
  • 2020-08-03 15:12:11Z

Classified US-UK trade documents leaked ahead of December's general election were stolen from the email account of former trade minister Liam Fox by suspected Russian hackers, Reuters has reported. Two sources told the wire that the hackers had accessed the account multiple times between July 12 and October 21 last year. They declined to name which Russian group or organisation they believed was responsible, but said the attack bore the hallmarks of a state-backed operation. Among the stolen information were six tranches of documents detailing British trade negotiations with the United States, which were touted by the then Labour leader Jeremy Corbyn as evidence of a Government plot to...

The 17-year-old
The 17-year-old 'mastermind' behind the massive Twitter hack reportedly has a history of running online scams using Minecraft and Bitcoin
  • US
  • 2020-08-03 15:10:22Z

Legal records show that Graham Clark was previously suspected of being involved in the theft of $856,000 at age 16 but was never charged.

Judge rejects Trump restrictions on coronavirus sick leave for employees
Judge rejects Trump restrictions on coronavirus sick leave for employees
  • US
  • 2020-08-03 15:08:12Z

A U.S. judge on Monday voided parts of a Trump administration rule that restricted paid sick leave and emergency family leave for potentially millions of workers affected by the coronavirus. Ruling in a case brought by New York Attorney General Letitia James, U.S. District Judge Paul Oetken in Manhattan said the Department of Labor overstepped its authority in denying eligibility for benefits to several groups of workers. The rule was adopted in April to implement the Families First Coronavirus Response Act, which made as many as 61 million employees eligible for up to two weeks of paid sick leave and 12 weeks of mostly paid emergency family leave.

FCC chair says agency will take public comment on Trump social media petition
FCC chair says agency will take public comment on Trump social media petition
  • US
  • 2020-08-03 14:54:17Z

The Federal Communications Commission will take public comment for 45 days on a petition filed by the Trump administration seeking new transparency rules in how social media companies moderate content, FCC Chairman Ajit Pai said on Monday. Pai rejected calls from Democrats that he summarily dismiss the petition without public comment.

California
California's Apple fire scorches 26,450 acres and is 5% contained; smoke seen as far as Arizona

About 1,360 firefighters and multiple aircraft were battling the blaze in Southern California.

Microsoft to continue talks to buy TikTok from ByteDance
Microsoft to continue talks to buy TikTok from ByteDance

The company made the statement following a conversation between is CEO Satya Nadella and U.S. President Donald Trump. It said it would ensure that all private data of TikTok's American users is transferred to and remains in the United States.

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