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News: Business

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Thousands unable to get an NI number because of coronavirus

Business
2020-10-21 00:01:18Z

Thousands have been unable to get a National Insurance number because the government has stopped issuing them.

Donald Trump leaves contentious '60 Minute' interview with Lesley Stahl, goes on Twitter attack

Business
2020-10-20 23:51:13Z

Trump abruptly ended his '60 Minutes' interview and skipped a joint interview with Vice President Mike Pence; he also tweeted an attack on Lesley Stahl

CEO Secrets: Juggling kids and a new lockdown business

Business
2020-10-20 23:39:46Z

Meet the new mums who have started businesses in lockdown.

Tropical Storm Epsilon improves structure and strengthens slightly, could be a hurricane by Tuesday night or Wednesday morning

Business
2020-10-20 23:39:00Z

FORT LAUDERDALE, Fla. - Tropical Storm Epsilon, the earliest 26th-named storm on record in the Atlantic, continues strengthening in the central Atlantic Ocean, according to Tuesday's 5 p.m. advisory. The National Hurricane Center said Epsilon's structure "greatly improved" Tuesday afternoon and there are even hints of an eyelike feature starting to develop. Epsilon, which isn't expected to ...

Tesla acknowledges issue where Model 3 bumpers fall off in rain

Business
2020-10-20 23:38:00Z

One of the Tesla Model 3's more prominent design flaws is a rear bumper cover that is prone to being stripped from the car when water is allowed to accumulate inside it, either from standing water or intense downpours. Owners of brand-new Model 3s have reportedly paid thousands of dollars to replace their bumpers (and repair the damage to other parts done by their separation) as a result of what Tesla now tacitly acknowledges is an engineering defect. InsideEVs reports that Tesla has issued a service bulletin noting that Model 3s built before May 21, 2019, may sustain damage as a result of "driving through standing water on a road or highway with poor drainage or pooling water."

Voting across the US live updates: Poll workers prep for bad behavior; drop box set on fire; more than a million NY voters deemed inactive

Business
2020-10-20 23:36:59Z

Pennsylvania can count absentee ballots until Nov. 6. Tennessee poll worker turned away a BLM voter. Latest news on voting around the US.

Lawyers spurn Trump campaign in individual donations, including from Jones Day

Business
2020-10-20 23:35:43Z

Contributions to the Trump campaign by Jones Day lawyers totaled just $50, records show. A Reuters analysis of Federal Election Commission records shows a wide gulf between individual lawyer donations to the candidates, with nearly $29 million going directly to Biden's campaign and just under $1.75 million to Trump's between Jan. 1, 2019 and Aug. 31, 2020.

National Traffic Safety Management Inc. Ranks No. 5 on the 2020 STARTUP LIST

Business
2020-10-20 23:35:00Z

- Canadian Business unveils annual list of Canada's Fastest-Growing Companies -TORONTO, Oct. 20, 2020 /CNW/ - Canadian Business today ranked National Traffic Safety Management Inc.

How Much Is Integral Diagnostics Limited (ASX:IDX) Paying Its CEO?

Business
2020-10-20 23:29:51Z

Ian Kadish has been the CEO of Integral Diagnostics Limited (ASX:IDX) since 2017, and this article will examine the...

Royal Mail launches parcel pick-up service

Business
2020-10-20 23:27:42Z

The postal service launches a home collection service as online shopping booms.

Canadian Spirit Resources Inc. Announces Upsize of Previously Announced Private Placement and Change of Auditor

Business
2020-10-20 23:25:00Z

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./CALGARY, Alberta, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSXV:SPI) (OTCBB:CSPUF) is pleased to announce that, further to its press release dated October 9, 2020, it has increased the size of its previously announced non-brokered private placement offering of units of the Corporation ("Units") to up to $1,600,000 (the "Offering"). The Offering will be comprised of up to 32,000,000 Units at a price of $0.05 per Unit. The Offering is still anticipated to close by the end of October 2020.Each Unit will consist of one...

'Friendship, empathy, kindness, and compassion': Biden leans into Mr. Rogers comparison

Business
2020-10-20 23:24:06Z

Joe Biden and his wife, Jill, video chatted with Fred Rogers' widow, Joanne Rogers, last month in their hometown of Latrobe, Pennsylvania.

Machines to 'do half of all work tasks by 2025'

Business
2020-10-20 23:21:02Z

Millions more jobs will be lost to robots with Covid accelerating the trend, says the World Economic Forum.

Organic Wine Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Packaging, Product Type, and Distribution Channel

Business
2020-10-20 23:21:00Z

The global organic wine market was valued at US$ 7,460. 29 million in 2019 and is projected to reach US$ 16,647. 81 million by 2027; it is expected to grow at a CAGR of 10. 7% from 2020 to 2027.New York, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Organic Wine Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Packaging, Product Type, and Distribution Channel" - https://www.reportlinker.com/p05978097/?utm_source=GNW Organic wine is prepared from grapes cultivated in accordance with principles of organic farming.It excludes the use of artificial chemical fertilizers, fungicides, pesticides, and herbicides. Organic...

Fortuna announces first gold pour at its Lindero Mine in Argentina

Business
2020-10-20 23:19:00Z

Lindero Mine first gold pour Lindero Mine first gold pourVANCOUVER, British Columbia, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to report the first gold pour from its Lindero Mine located in the Province of Salta in Argentina. The pour took place today, on Tuesday, October 20, 2020, and produced 728 ounces of gold. Jorge A. Ganoza, President, CEO and Director, commented, "The first gold pour at Lindero, our third mine in the Americas, is a significant achievement for the Company as we advance the mine's ramp-up phase towards commercial production in the first quarter of 2021. Lindero is a mine with reserves for a projected life of...

Mixed results for arthritis drug repurposed as Covid-19 treatment

Business
2020-10-20 23:17:47Z

A trio of new studies published in JAMA Internal Medicine on Tuesday examining the efficacy of an arthritis drug against Covid-19 showed inconsistent results.

Coronavirus updates: Nearly 300K more deaths than usual; Trump, Fauci and 'The Godfather;' Disneyland won't reopen soon

Business
2020-10-20 23:17:43Z

Nearly 300K more deaths than usual this year. University of Michigan stay-home order. What will sway Americans to get vaccine? Latest COVID news.

Fact check: Senate Republicans moving to confirm Trump's Supreme Court nominee but blocked Obama's

Business
2020-10-20 23:11:01Z

A claim addressing the double standard for consideration of the two presidents' Supreme Court nominees was correct on substance, off on timing.

Crocs is having a huge sale on some of its most comfy footwear

Business
2020-10-20 23:08:23Z

Get Crocs on sale during this limited-time event, which features 40% off select styles-get the details.

U.S. deaths are about 300,000 higher than expected since the coronavirus arrived

Business
2020-10-20 23:07:35Z

The U.S. has experienced about 300,000 'excess deaths' since the coronavirus came to America, and two-thirds of them can be attributed to COVID-19, the CDC says.

SmarFinancial (SMBK) Q3 Earnings and Revenues Surpass Estimates

Business
2020-10-20 23:05:11Z

SmarFinancial (SMBK) delivered earnings and revenue surprises of 10.00% and 3.27%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

We're Interested To See How Genetic Signatures (ASX:GSS) Uses Its Cash Hoard To Grow

Business
2020-10-20 23:04:03Z

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

ELI LILLY AND COMPANY ALERT: Bragar Eagel & Squire, P.C. is Investigating Eli Lilly and Company on Behalf of Eli Lilly Stockholders and Encourages Investors to Contact the Firm

Business
2020-10-20 23:00:00Z

NEW YORK, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Eli Lilly and Company (NYSE: LLY) on behalf of Eli Lilly stockholders. Our investigation concerns whether Eli Lilly has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action.On August 2020, Eli Lilly began a clinical trial to test whether adding the Company's antibody-based drug, LY-CoV555, to remdesivir would benefit patients diagnosed with COVID-19.On October 13, 2020, the trial's sponsor, the National Institute of Allergy and Infectious Diseases...

The Justice Department just slapped Google with a landmark antitrust lawsuit. That could be bad news for Amazon, Facebook, and Apple.

Business
2020-10-20 22:59:58Z

If Google loses, lawmakers could be encouraged to rein in other tech giants, potentially going as far as breaking up parts of their business.

WPT Industrial Real Estate Investment Trust Announces October 2020 Distribution

Business
2020-10-20 22:58:00Z

TORONTO, Oct. 20, 2020 (GLOBE NEWSWIRE) -- WPT Industrial Real Estate Investment Trust (the "REIT") (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of October 2020 of US$0.0633 per unit. The distribution will be payable on November 16, 2020 to unitholders of record as of the close of business on October 30, 2020. Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the "Certain Canadian...

Fact check: Are poll workers putting notes on ballots? Yes, to enforce election laws

Business
2020-10-20 22:57:04Z

A poll worker's marks and notations do not cause ballots to be automatically rejected.

Procter & Gamble reports $4.3B in profits, boosting forecast as sales keep climbing

Business
2020-10-20 22:56:27Z

P&G;'s organic sales - a key measure of sales excluding impacts from foreign exchange, mergers or acquisitions - rose 9%.

We analyzed a conservative foundation's catalog of absentee ballot fraud: It's not a 2020 election threat

Business
2020-10-20 22:56:02Z

President Trump has said absentee ballot fraud is a threat to the 2020 election. A review of alleged ballot fraud cases shows why that's not true.

National Bank Holdings (NBHC) Q3 Earnings and Revenues Beat Estimates

Business
2020-10-20 22:55:10Z

National Bank Holdings (NBHC) delivered earnings and revenue surprises of 51.67% and 17.72%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Dave & Buster's Announces Upsize and Pricing of a Private Offering of $550 Million of Senior Secured Notes Due 2025 by its Subsidiary Dave & Buster's, Inc.

Business
2020-10-20 22:55:00Z

DALLAS, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that its indirect wholly-owned subsidiary, Dave & Buster's, Inc. (the "Issuer"), has priced $550 million in aggregate principal amount of its 7.625% senior secured notes due 2025 (the "Notes") in a private offering (the "Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). This represents an increase of $50 million from the amount initially offered. The Notes will be guaranteed on a senior...

Notice of Extraordinary General Meeting of Scatec Solar ASA

Business
2020-10-20 22:49:00Z

21 October 2020: An Extraordinary General Meeting of Scatec Solar ASA will be held on 12 November 2020 at 10:00 CET at Askekroken 11, 0277 Oslo. Please find attached the notice of Extraordinary General Meeting with attendance/proxy and the Board of Directors' proposed resolutions for the Extraordinary General Meeting for the items listed on the agenda. The documents are also available at www.scatecsolar.com. For further information, please contact: Ingrid Aarsnes, VP Communication & IR Tel: +47 950 38 364, ir@scatecsolar.com About Scatec Solar Scatec Solar is an integrated independent renewable power producer, delivering affordable, rapidly deployable and sustainable clean energy...

TSX Venture Exchange Stock Maintenance Bulletins

Business
2020-10-20 22:46:00Z

VANCOUVER, BC, Oct. 20, 2020 /CNW/ -TSX VENTURE COMPANIESCANADA SILVER COBALT WORKS INC.

First Midwest Bancorp (FMBI) Beats Q3 Earnings and Revenue Estimates

Business
2020-10-20 22:45:10Z

First Midwest Bancorp (FMBI) delivered earnings and revenue surprises of 50.00% and 3.23%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Pinnacle Financial (PNFP) Q3 Earnings and Revenues Top Estimates

Business
2020-10-20 22:45:10Z

Pinnacle Financial (PNFP) delivered earnings and revenue surprises of 31.82% and 6.56%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Bank First (BFC) Beats Q3 Earnings and Revenue Estimates

Business
2020-10-20 22:45:10Z

Bank First (BFC) delivered earnings and revenue surprises of 32.71% and 9.11%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Netflix Slips on 3rd-Quarter Earnings Miss

Business
2020-10-20 22:42:35Z

Streaming giant reports decelerating subscriber growth, missing estimates

What will sway Americans to take a COVID-19 vaccine? Efficacy, adverse effects and politics, survey says

Business
2020-10-20 20:53:33Z

According to the survey of nearly 2,000 adults, people were most swayed by vaccine efficacy, adverse effects, duration of protection and politics.

Vessel Monitoring System Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Application and Vessel Type

Business
2020-10-20 20:41:00Z

In terms of revenue, the global vessel monitoring system market was valued at US$ 688. 28 million in 2019 and is projected to reach US$ 1,571. 04 million by 2027; it is expected to grow at a CAGR of 11.New York, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Vessel Monitoring System Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Application and Vessel Type" - https://www.reportlinker.com/p05978105/?utm_source=GNW 3% during the forecast period. Increasing demand from fisheries and cargo vessel sectors has boosted the need to have an eye on trade to curb unauthorized dealings.Countries such as Thailand and South Korea...

Vornado Announces Certain Items to be Included in its Third Quarter 2020 Financial Results

Business
2020-10-20 20:40:00Z

NEW YORK, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) today announced that its financial results for the three months ended September 30, 2020 will include the items listed in the table below, resulting in an increase in net income attributable to common shareholders ("net income") of $0.37 per diluted share and an increase in FFO attributable to common shareholders plus assumed conversions ("FFO") of $0.87 per diluted share. For the Three Months Ended September 30, 2020 (Amounts in thousands, except per share amounts, all at share)Net Income FFO Amount Per Share Amount Per Share Income (loss): After-tax net gain on sale of 220...

Snap shares explode after blowing past earnings expectations

Business
2020-10-20 20:39:47Z

Snap shares were up nearly 20% in after-hours trading after the company showcased a massive earnings beat, besting analyst expectations on both revenue and earnings per share for Q3. The company posted a $0.01 revenue bet, best expectations of a $0.04 loss, but the real headline was that they delivered $679 million in reported revenue, smashing past Wall Street expectations that pinned their performance for the quarter around $555 million.

Media Advisory: WestJet to make special announcement in Calgary

Business
2020-10-20 20:39:00Z

CALGARY, AB, Oct. 20, 2020 /CNW/ - Next week media are invited to join WestJet in-person in Calgary or virtually via Teams Live for a major announcement on the airline's premium traveller strategy and commitment to its home hub in Calgary.

New Waxahachie Development to Offer 600+ New Homes

Business
2020-10-20 20:39:00Z

Green Brick Partners Team Builder, Trophy Signature Homes, will offer three product lines on 50' - 80' wide homesites in the new Dove Hollow communityPLANO, Texas, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Green Brick Partners has closed on the purchase of approximately 214 acres in Waxahachie, Texas for the development of Dove Hollow, its newest single-family residential community. The Company intends to offer over 600 single-family homes through its Trophy Signature Homes brand. The community will be located east of I-35E, minutes from downtown Waxahachie. Land development will commence Q1 2021 and will include 50', 60', 70', and 80' wide homesites. Trophy Signature Homes plans to offer...

Texas Instruments forecasts current-quarter revenue above estimates

Business
2020-10-20 20:37:56Z

TI, which supplies chips for everything from smart phones to automobiles, often reports quarterly results before its peers. The Dallas, Texas-based company said sales benefited from a notable rebound in automotive demand, as well as strong sales for chips used in personal electronics. TI shares were up 2% in extended trading.

ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH

Business
2020-10-20 20:35:00Z

NEW YORK, NY / ACCESSWIRE / October 20, 2020 / ALT 5 Sigma Inc.

Kellye L. Walker Elected to Lincoln Electric Board

Business
2020-10-20 20:33:00Z

Kellye L. Walker Elected to Lincoln Electric Board Kellye L. WalkerCLEVELAND, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced that Kellye L. Walker, 54, Executive Vice President and Chief Legal Officer of Eastman Chemical Company (NYSE: EMN), has been elected to Lincoln Electric's Board of Directors, effective October 20, 2020. She has been appointed to serve on the Nominating and Corporate Governance and the Compensation and Executive Development Committees. Ms. Walker's appointment expands Lincoln Electric's Board to 12 directors, 11 of whom are non-employee directors. "We are pleased to welcome Kellye Walker to the Board and look...

Stock Market Today: Glimmer of Stimulus Hope Gives Stocks a Small Lift

Business
2020-10-20 20:32:14Z

Tuesday's rigid stimulus deadline seemingly blurred as House Democrats and the White House made progress toward a middle ground.

Silver Elephant Announces C$6.0 Million Bought Deal Public Offering of Common Shares

Business
2020-10-20 20:32:00Z

VANCOUVER, British Columbia, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Silver Elephant Mining Corp. ("Silver Elephant" or the "Company") (TSX: ELEF, OTCQX:SILEF, Frankfurt:1P2N) is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation as lead underwriter and sole bookrunner (the "Lead Underwriter"), on behalf of a syndicate of underwriters, including Canaccord Genuity Corp. and Sprott Capital Partners LP (collectively with the Lead Underwriter, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought‐deal basis, 15,000,000 common shares of the Company (the "Common Shares") at a price of C$0.40 per Common Shares for...

Cape Fox Corporation a Leader Among Alaska's Largest Businesses

Business
2020-10-20 20:32:00Z

Cape Fox Corporation is proud to be an Alaska Business leader after being recognized as one of the Top 49ers recognition.Ketchikan, Alaska, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Cape Fox Corporation has enjoyed four consecutive years of growth. Cape Fox Shareholders and employees have worked hard, and our hard work has shown with new contracts and business acquisitions. This growth has been recognized. Alaska Business Monthly has named Cape Fox Corporation (CFC) 40 in top Alaska businesses in their Top 49ers ranking for 2020 due to a 12% increase in 2019 revenue. Our business growth has enabled us to stay steady in ranking of Alaska Business even through a year that has touched our...

Royalty Pharma Announces Closing of Secondary Offering of Class A Ordinary Shares by Selling Shareholders

Business
2020-10-20 20:32:00Z

NEW YORK, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Royalty Pharma plc (the "Company") (Nasdaq: RPRX) announced today the closing of the secondary offering of 17,343,037 shares of its Class A ordinary shares by selling shareholders in an underwritten public offering at a price to the public of $42.00 per share. The Company did not receive any of the proceeds from the sale of its Class A ordinary shares by the selling shareholders. J.P. Morgan, Morgan Stanley, BofA Securities, Goldman Sachs & Co. LLC and Citigroup acted as joint lead book-running managers and as representatives of the underwriters for the offering. Cowen, Evercore ISI, Truist Securities and UBS Investment Bank also acted as joint...

Commander John Scott Hannon Act Signed into Law

Business
2020-10-20 20:30:00Z

Commander John Scott Hannon Act Signed into LawPR NewswireWASHINGTON, Oct. 20, 2020Will provide new treatments for PTSD & TBI to reduce suicidesWASHINGTON, Oct.

Boohoo Falls on Report Audit Firms Decline to Work With Retailer

Business
2020-10-20 07:23:00

Boohoo Group Plc shares dropped for a second day following a report that four U.K. accounting firms had ruled out working with the scandal-plagued retailer, which is parting ways with auditor PricewaterhouseCoopers.

Short Sellers Get a Warning to Come Clean

Business
2020-10-20 07:21:00

A hedge fund’s failure to disclose the U.K.’s largest-ever short was a challenge for the FCA. Still, the industry will sit up and listen.

Lysol Maker Sees Fastest Growth in Decade on Disinfectants

Business
2020-10-20 06:22:00

Reckitt Benckiser Group Plc forecast the fastest revenue growth in at least a decade as the Lysol disinfectant maker benefits from higher standards of hygiene amid the pandemic.

Foxconn’s Terry Gou Says Big Wisconsin Project Hinges on State Aid

Business
2020-10-20 04:49:00

‘Foxconn will work as a partner with those who treat the company as a partner,’ tech founder says

England’s Sea-Kit Leads Rivals in Race to Map Earth’s Seabed

Business
2020-10-20 04:01:00

A comprehensive atlas would help find minerals needed for electric cars and mobile phones.

Moderna CEO Expects Covid-19 Vaccine Interim Results in November

Business
2020-10-20 03:20:00

Production ramp-up is a challenge, chief executive says: ‘If one ingredient is missing, we cannot make a vaccine’

'Black lives matter': Navy SEAL who oversaw bin Laden raid says he voted for Joe Biden - Business Insider

Business
2020-10-20 03:10:36

The retired Navy SEAL did not specifically name President Trump, but ended the op-ed by saying "I voted for Joe Biden."

Goldman Poised to Pay More Than $2 Billion in DOJ’s 1MDB Probe

Business
2020-10-20 02:40:00

Goldman Sachs Group Inc. has reached a long-awaited pact with the U.S. Department of Justice to pay more than $2 billion for the bank’s role in Malaysia’s 1MDB scandal, and the deal may be announced within days, according to people familiar with the matter.

China’s Leisure Spending Remains Drag on Growth Amid Recovery

Business
2020-10-20 02:05:00

China’s hotels and restaurants, one of the hardest-hit sectors of the economy during the coronavirus pandemic, remained a significant drag on growth in the third quarter even as the recovery gained momentum.

Supreme Court Allows Extension for Mail-In Ballots in Pennsylvania

Business
2020-10-19 23:17:00

Order provides win for Democrats in battleground state

Piedmont Lithium to Issue U.S. Shares as Tesla Drives Interest

Business
2020-10-19 22:52:00

Piedmont Lithium Ltd., which recently struck a five-year raw-materials pact with Tesla to develop a lithium project in North Carolina, is issuing shares in the U.S. as attention in the battery materials space grows.

Oil Declines on Stimulus Doubts as More OPEC+ Supply Looms

Business
2020-10-19 22:26:00

Oil fell for a fourth day as an agreement on more U.S. stimulus remained elusive, while OPEC and its allies showed no sign of changing course on plans to pare output cuts in January.

GM to Plan Third Electric-Vehicle Plant in Big Plug-In Bet

Business
2020-10-19 22:01:00

General Motors Co. is expected to announce investments in several U.S. plants on Oct. 20, including a move that will make a former Saturn plant in Tennessee its third factory to produce electric models, said people familiar with the matter.

These Doctors Have Long-Term Covid. Now They’re Pushing For Better Care.

Business
2020-10-19 21:54:00

Physicians hit hard by Covid are turning to support groups and calling attention to the illness’s long-term effects; ‘this has absolutely changed my perspective’

Satya Nadella made $44.3 million during Microsoft's last fiscal year - Business Insider

Business
2020-10-19 21:01:16

The board members who decide executive compensation called out Microsoft's strong financial performance despite the pandemic.

Trump hasn't spent $9 billion earmarked for COVID-19 testing: Report - Business Insider

Business
2020-10-19 20:49:17

Dr. Scott Atlas, a radiologist who is not an expert on infectious disease, has reportedly taken a fervent stance against expanded testing.

The $1.6 million SSC Tuatara just became the world's fastest car by topping 316 mph - Business Insider

Business
2020-10-19 20:38:22

The Bugatti Chiron Super Sport was the last to set the record, clocking 304.77 mph in 2019 at Volkswagen's Ehra-Lessien test track in Germany.

Federal judge blocks Trump proposal ridding food stamps for 700,000 - Business Insider

Business
2020-10-19 20:20:57

The proposall would have left "States scrambling and exponentially increasing food insecurity for tens of thousands of Americans," the ruling said.

WHO: US, Europe need to get better at quarantining - Business Insider

Business
2020-10-19 20:20:00

Get people who've been exposed to the virus away from everybody else, fast. That means no going to the grocery store, and no socializing with friends.

WeWork Chairman Says Consulting Deal With Adam Neumann No Longer in Place

Business
2020-10-19 19:44:00

Marcelo Claure, who is also a top SoftBank exec, says SoftBank was ‘too aggressive’ with office-space startup

WeWork Chairman Says Consulting Deal With Adam Neumann No Longer in Place

Business
2020-10-19 19:44:00

Marcelo Claure, who is also a top SoftBank exec, says SoftBank was ‘too aggressive’ with office-space startup

The New Yorker reportedly suspends Jeffrey Toobin for exposing himself during a Zoom call - Business Insider

Business
2020-10-19 19:05:40

"I made an embarrassingly stupid mistake, believing I was off-camera," Toobin said. "I apologize to my wife, family, friends and co-workers."

AT&T Chief Says Tech Giants Hold Too Much Power Over Streaming

Business
2020-10-19 18:34:00

John Stankey calls for scrutiny of Amazon, others over control of distribution of apps like AT&T’s HBO Max

7 areas of disagreement between Republicans and Democrats on stimulus package - Business Insider

Business
2020-10-19 18:25:06

Negotiations between the White House and Democrats on another stimulus package are still ongoing, but significant differences remain.

Fed’s Bostic Warns More Permanent Layoffs Pose Risk to Recovery

Business
2020-10-19 18:13:00

Slowing U.S. employment gains and an increased proportion of permanent layoffs could undermine the economic recovery with disproportionate harm to minorities, said Federal Reserve Bank of Atlanta President Raphael Bostic.

Trump Plans to Remove Sudan From State Sponsor of Terrorism List

Business
2020-10-19 18:09:00

President Donald Trump said he intends to remove Sudan from the U.S. list of state sponsors of terrorism after the African nation agreed to make a long-sought payment to American terror victims and their families.

Intel Nears Deal to Sell NAND Memory Unit to SK Hynix

Business
2020-10-19 17:49:00

Deal with South Korean chip maker could be valued at around $10 billion

Wisconsin Judge Restores Restrictions on Bars, Restaurants Amid Surge in Covid-19

Business
2020-10-19 17:29:00

Judge finds earlier high-court ruling that ended Safer at Home order might not apply to this case

With NYC Influx, Greenwich Area Home Prices Rise Fastest in U.S.

Business
2020-10-19 17:10:00

With New Yorkers rushing to the suburbs, Fairfield County, Connecticut -- the home of tony Greenwich -- suddenly has the fastest-rising real estate prices in the U.S.

U.S. Charges Six Russian Intelligence Officers With Hacking

Business
2020-10-19 17:02:00

Indictment links Russian hackers to several prominent cyberattacks in recent years, including the global 2017 NotPetya attack

Venezuela’s Government Seeks to Revive Moribund Debt Talks

Business
2020-10-19 16:29:00

The government of Venezuelan President Nicolas Maduro is approaching some of the nation’s creditors in a bid to lay the groundwork for a debt deal should sanctions ease after next month’s U.S. election.

Farmers Stick With Trump, Despite Trade-War Pain

Business
2020-10-19 15:49:00

Many in agriculture say they believe a Biden presidency would bring stricter environmental regulations and higher taxes

AMC Soars After New York Moves to Lift Restrictions on Theaters

Business
2020-10-19 15:43:00

Shares of AMC Entertainment Holdings Inc. and other movie-theater chains surged on Monday after New York Governor Andrew Cuomo announced that some theaters in the state would be able to reopen.

Fear of Job Loss Haunts Half of World’s Workers as Crisis Rages

Business
2020-10-19 15:04:00

More than half of workers around the world are worried about losing their jobs, according to a survey measuring labor-market insecurity wreaked by the coronavirus crisis.

Hungary Elects New Chief Justice Despite Opposition From Judges

Business
2020-10-19 15:04:00

Hungary’s parliament elected a new chief justice opposed by the nation’s top judges, reviving rule-of-law concerns in Prime Minister Viktor Orban’s government.

Philippines Eases Curfew, Allows More People to Leave Homes

Business
2020-10-19 14:28:00

The Philippines shortened curfew hours in Manila and eased the stay-at-home order in a bid to boost its economy. The peso and stocks rose.

How tech’s most powerful women faced down the pandemic

Business
2020-10-19 13:41:06

Google CFO Ruth Porat, Best Buy CEO Corie Barry, AMD CEO Lisa Su, and Apple exec Deirdre O’Brien made the Fortune 2020 Most Powerful Women in Business list.

5 things mentally strong people do that seem counterintuitive - Business Insider

Business
2020-10-19 13:07:00

Mentally strong people know when to slow down, change their surroundings, or quit to cope with and actively improve their situations.

Introducing Fortune’s 2020 Most Powerful Women

Business
2020-10-19 12:15:49

Accenture CEO Julie Sweet is the new No. 1 during a year of upheaval.

Russia Seeks Monitoring Deal to Oversee Armenia-Azeri Truce

Business
2020-10-19 12:12:00

Russian Foreign Minister Sergei Lavrov said his country is in talks with Armenia and Azerbaijan on a mechanism to monitor a cease-fire that has already failed twice to halt fighting over the territory of Nagorno-Karabakh.

Could Trump Still Pull Off an Upset?

Business
2020-10-19 11:37:00

With two weeks left, the president’s chances are dwindling. But don't count him out just yet.

President Trump has failed the test of modern leadership

Business
2020-10-19 10:35:06

Trump is the antithesis of what CEOs say they value in leaders.

U.S. Stocks Fall on Stimulus Worries

Business
2020-10-19 09:40:00

Dow drops 400 points as investors’ hopes dwindle for a fresh aid package before the election

Auto Makers Grapple With Battery-Fire Risks in Electric Vehicles

Business
2020-10-19 09:30:00

Incidents involving electric vehicles made by GM, Ford and others highlight dangers of lithium batteries

Auto Makers Grapple With Battery-Fire Risks in Electric Vehicles

Business
2020-10-19 09:30:00

Incidents involving electric vehicles made by GM, Ford and others highlight dangers of lithium batteries

Move over tech stocks. This emerging sector is now fueling the equities rally

Business
2020-10-19 09:24:39

From Tokyo to London, stocks are up, buoying U.S. futures.

Hyundai Motor, Kia to Take $2.9 Billion Hit on Engine Problems

Business
2020-10-19 09:15:00

South Korea’s two biggest automakers are taking a 3.36 trillion won ($2.9 billion) earnings hit because of costs related to a 2019 settlement of a U.S. class-action lawsuit linked to alleged engine defects.

Julius Baer New Money Jumps as Cost Cuts Help Boost Margins

Business
2020-10-19 05:40:00

Julius Baer Group Ltd. reported a better-than-expected increase in new money and improving profitability in the third quarter, as markets recovered and cost cuts began to pay off.

Europe Shouldn’t Try to Eat London’s Lunch

Business
2020-10-19 05:00:00

The continent isn’t ready to host a new financial hub.

The Dream Is Real: You’re Finally Home Alone Again

Business
2020-10-19 00:00:00

As family members head out of the house more for work or school, people who have gone months without quiet time are savoring some while they can

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