Markets
Krispy Kreme is giving away free doughnuts - here's how to get some
- July 13, 2020
Krispy Kreme will be handing out free boxes containing their Original Glazed dozen to birthday boys and girls. Krispy Kreme's Manukau store will be particpating in the birthday celebration on Monday. That's for in-store purchase and online delivery. They'll be giving away 350,000 free doughnuts in total, with Krispy Kreme Australia CEO Andrew McGuigan calling it "our biggest doughnut giveaway to date". (more...)
- July 13, 2020
Krispy Kreme will be handing out free boxes containing their Original Glazed dozen to birthday boys and girls. Krispy Kreme's Manukau store will be particpating in the birthday celebration on Monday. That's for in-store purchase and online delivery. They'll be giving away 350,000 free doughnuts in total, with Krispy Kreme Australia CEO Andrew McGuigan calling it "our biggest doughnut giveaway to date". (more...)
Coronavirus in NY: Hospitalizations drop below 800, lowest since mid-March
- July 13, 2020
The death toll in the state also reflected mid-March numbers. Gov. Andrew Cuomo said Monday he is issuing an Emergency Health Order for the state of NY that requires travelers entering NY from a hot spot state to fill out a form stating where they plan on staying as well as contact information. (more...)
- July 13, 2020
The death toll in the state also reflected mid-March numbers. Gov. Andrew Cuomo said Monday he is issuing an Emergency Health Order for the state of NY that requires travelers entering NY from a hot spot state to fill out a form stating where they plan on staying as well as contact information. (more...)
Analog Equipment to Buy Rival Maxim in $21 Billion Chip Offer
- July 13, 2020
Norwood, Massachusetts-based Analog has a market value of US$46 billion and also has a large office in the San Jose area. Current Analog shareholders will own about 69 percent of the combined company and Maxim shareholders will own the other 31 percent, the companies said. (more...)
- July 13, 2020
Norwood, Massachusetts-based Analog has a market value of US$46 billion and also has a large office in the San Jose area. Current Analog shareholders will own about 69 percent of the combined company and Maxim shareholders will own the other 31 percent, the companies said. (more...)
Boris Johnson hints face coverings could become mandatory in English shops
- July 13, 2020
He implied that there could be stricter measures on wearing face coverings in public spaces, which has been widely welcomed. "And I think with public health advice in a pandemic you just need simplicity, so I would favour saying we should wear face masks in shops". (more...)
- July 13, 2020
He implied that there could be stricter measures on wearing face coverings in public spaces, which has been widely welcomed. "And I think with public health advice in a pandemic you just need simplicity, so I would favour saying we should wear face masks in shops". (more...)
Tesla Slashes Model Y Price as Pandemic Weighs on Auto Sector
- July 13, 2020
The carmaker also just boosted the maximum charge rate for its Model S fastback and Model Y crossover , boosting the specification to 250 kw, Electrek first noticed Sunday. The $3,000 price cut comes as Tesla seeks to maintain sales momentum in the COVID-19 pandemic. It means Tesla is the most valuable automaker in the world based on market cap, exceeding the likes of Toyota and Volkswagen Group which each deliver millions of cars per quarter. (more...)
- July 13, 2020
The carmaker also just boosted the maximum charge rate for its Model S fastback and Model Y crossover , boosting the specification to 250 kw, Electrek first noticed Sunday. The $3,000 price cut comes as Tesla seeks to maintain sales momentum in the COVID-19 pandemic. It means Tesla is the most valuable automaker in the world based on market cap, exceeding the likes of Toyota and Volkswagen Group which each deliver millions of cars per quarter. (more...)
Sheboygan County Lenders Come Through With PPP Business Loans
- July 13, 2020
Contact7 Investigates found exclusive private schools, and publicly funded charter schools got millions in the federal bailout money. The Oklahoma Council for Public Affairs, a tax-exempt group that lobbies for limited government and spent about $400,000 fighting the state question on Medicaid expansion last month, received a loan worth between $150,000 and $350,000, according to the records released by the Trump administration. (more...)
- July 13, 2020
Contact7 Investigates found exclusive private schools, and publicly funded charter schools got millions in the federal bailout money. The Oklahoma Council for Public Affairs, a tax-exempt group that lobbies for limited government and spent about $400,000 fighting the state question on Medicaid expansion last month, received a loan worth between $150,000 and $350,000, according to the records released by the Trump administration. (more...)
Mnuchin says administration backs 'another round' of coronavirus stimulus checks
- July 13, 2020
In an interview on CNBC , Mnuchin was asked Thursday whether he supports direct payments only to people who make $40,000 or less a year, which some have suggested may be favored by Senate Majority Leader Mitch McConnell , R-Ky. The Senate is now on its July recess and will not return until July 20, but McConnell said that senators will attempt to pass a measure after they get back. (more...)
- July 13, 2020
In an interview on CNBC , Mnuchin was asked Thursday whether he supports direct payments only to people who make $40,000 or less a year, which some have suggested may be favored by Senate Majority Leader Mitch McConnell , R-Ky. The Senate is now on its July recess and will not return until July 20, but McConnell said that senators will attempt to pass a measure after they get back. (more...)
PM Modi holds virtual meeting with Google CEO Sundar Pichai
- July 13, 2020
The Prime Minister took to Twitter to state that the two spoke in particular about how India's farmers, youngsters and entrepreneurs can be transformed with the power of technology. "This is a reflection of our confidence in the future of India and its digital economy", Sundar Pichai, CEO of Alphabet, said on a webcast during the annual " Google for India " event. (more...)
- July 13, 2020
The Prime Minister took to Twitter to state that the two spoke in particular about how India's farmers, youngsters and entrepreneurs can be transformed with the power of technology. "This is a reflection of our confidence in the future of India and its digital economy", Sundar Pichai, CEO of Alphabet, said on a webcast during the annual " Google for India " event. (more...)
OPEC+ Set To Ease Oil Cuts
- July 13, 2020
That the IEA would predict a positive number for oil demand as the world remains gripped by the fear of more economic fallout from the new wave of Covid-19 was startling. "Gold's short-term outlook remains very bullish as tensions will likely increase next week between the world's two largest economies, investors brace for large layoff announcements as banks kick off earnings season, and the COVID-19 spread in USA and Latin America still do not show any signs of plateauing", said Ed Moya, ... (more...)
- July 13, 2020
That the IEA would predict a positive number for oil demand as the world remains gripped by the fear of more economic fallout from the new wave of Covid-19 was startling. "Gold's short-term outlook remains very bullish as tensions will likely increase next week between the world's two largest economies, investors brace for large layoff announcements as banks kick off earnings season, and the COVID-19 spread in USA and Latin America still do not show any signs of plateauing", said Ed Moya, ... (more...)
Qualcomm picks up a 0.15% stake in Reliance Jio for ₹730 crore
- July 13, 2020
The Indian Express is now on Telegram. This is the 13th investment for Reliance Jio in the past three months. Qualcomm has become the newest high-profile backer of four-year-old Reliance Jio Platforms , which has raised more than $15.7 billion in the past 12 weeks from as many investors. (more...)
- July 13, 2020
The Indian Express is now on Telegram. This is the 13th investment for Reliance Jio in the past three months. Qualcomm has become the newest high-profile backer of four-year-old Reliance Jio Platforms , which has raised more than $15.7 billion in the past 12 weeks from as many investors. (more...)
Wayfair shoots down conspiracy theory about child sex-trafficking and expensive cabinets
- July 13, 2020
This rumor appears to have originated on the " conspiracy " section of Reddit on July 9, 2020. It's just such a wild conspiracy theory. "Is it doable Wayfair concerned in Human trafficking with their WFX Utility assortment?" Or are these just extremely overpriced cabinets? "Can you show this to the Federal Bureau of Investigation?" wrote one person. (more...)
- July 13, 2020
This rumor appears to have originated on the " conspiracy " section of Reddit on July 9, 2020. It's just such a wild conspiracy theory. "Is it doable Wayfair concerned in Human trafficking with their WFX Utility assortment?" Or are these just extremely overpriced cabinets? "Can you show this to the Federal Bureau of Investigation?" wrote one person. (more...)
United States stocks open slightly higher as investors weigh coronavirus impact
- July 12, 2020
About 41 of the 50 USA states have reported an increase in cases over the last two weeks that has forced Americans to take new precautions, with several states backpedaling on reopening plans. "With the earnings expectations so low, investors are of the mindset that they will more likely be exceeded rather than fall even further", said Stovall. (more...)
- July 12, 2020
About 41 of the 50 USA states have reported an increase in cases over the last two weeks that has forced Americans to take new precautions, with several states backpedaling on reopening plans. "With the earnings expectations so low, investors are of the mindset that they will more likely be exceeded rather than fall even further", said Stovall. (more...)
Harley-Davidson will lay off 500 employees as part of turnaround strategy
- July 12, 2020
About 200 of the 700 positions being eliminated are already vacant, the company said, and the remaining 500 will be eliminated by the end of the year. "The Rewire is progressing very well and substantial work is being done to eliminate complexity and get Harley-Davidson on a winning path". Coats said more details on Rewire would be released when Harley announces its second-quarter earnings later this month. (more...)
- July 12, 2020
About 200 of the 700 positions being eliminated are already vacant, the company said, and the remaining 500 will be eliminated by the end of the year. "The Rewire is progressing very well and substantial work is being done to eliminate complexity and get Harley-Davidson on a winning path". Coats said more details on Rewire would be released when Harley announces its second-quarter earnings later this month. (more...)
Rivian Automotive raises $2.5 billion in new funding round
- July 12, 2020
The vehicles will be produced at Rivian's manufacturing plant in Normal, Ill. Existing investors Amazon and hedge fund BlackRock also took part in this round, Rivian said . The company was founded as Mainstream Motors in 2009, and previously bought an abandoned vehicle manufacturing plant in Normal, Ill., where Mitsubishi and Chrysler Corp. (more...)
- July 12, 2020
The vehicles will be produced at Rivian's manufacturing plant in Normal, Ill. Existing investors Amazon and hedge fund BlackRock also took part in this round, Rivian said . The company was founded as Mainstream Motors in 2009, and previously bought an abandoned vehicle manufacturing plant in Normal, Ill., where Mitsubishi and Chrysler Corp. (more...)
Saskatchewan adds 30,000 jobs in June, unemployment rate drops: StatCan
- July 12, 2020
Canada's overall unemployment rate dropped from 13.7% in May to 12.3% in June. Employment continued to build on May's gains adding another 953,000 net jobs to the economy. The federal agency also noted that growth in the labour force participation rate was faster among men, at 2.7 percentage points to 90.3 per cent of pre-pandemic levels, compared to women, which rose to 2.5 percentage points to 82 per cent. (more...)
- July 12, 2020
Canada's overall unemployment rate dropped from 13.7% in May to 12.3% in June. Employment continued to build on May's gains adding another 953,000 net jobs to the economy. The federal agency also noted that growth in the labour force participation rate was faster among men, at 2.7 percentage points to 90.3 per cent of pre-pandemic levels, compared to women, which rose to 2.5 percentage points to 82 per cent. (more...)
Coronavirus Victoria: Huge fine over birthday party's 'ridiculous' KFC trip
- July 12, 2020
The pair spoke to employees at the store, and police were notified. "Police attended and found four people inside the address who did not reside there", police said in a statement. "That conduct won't be permitted", he said. Sure, someone could've been really hungry; or someone was breaking the rules. In Sydney, residents have faced rules that threatened large fines and jail terms. (more...)
- July 12, 2020
The pair spoke to employees at the store, and police were notified. "Police attended and found four people inside the address who did not reside there", police said in a statement. "That conduct won't be permitted", he said. Sure, someone could've been really hungry; or someone was breaking the rules. In Sydney, residents have faced rules that threatened large fines and jail terms. (more...)
Aston Martin's first SUV - the DBX, rolls off production line
- July 12, 2020
The DBX has been under development since 2015 and is set to become the most important model the British firm has produced. It took Aston four years to build the plant , which opened last December , and the first series-production DBX - finished in Stirling Green, Aston's race team colour - rolled off the new line there today (Wednesday), with interim chief operation officer Keith Stanton at the wheel. (more...)
- July 12, 2020
The DBX has been under development since 2015 and is set to become the most important model the British firm has produced. It took Aston four years to build the plant , which opened last December , and the first series-production DBX - finished in Stirling Green, Aston's race team colour - rolled off the new line there today (Wednesday), with interim chief operation officer Keith Stanton at the wheel. (more...)
AirAsia future in 'significant' doubt; share price falls
- July 12, 2020
The group was noted to have a net loss of RM283 million ($66 million) for the financial year, as well as current liabilities that exceeded its current assets by RM1.843 billion ($430 million). Despite the warnings, there are signs of improvement with the gradual lifting of restrictions on interstate travel. However, in recent weeks, countries around the world resumed domestic travel and were gradually reopening global borders in recognition that air transport provides the connectivity that is ... (more...)
- July 12, 2020
The group was noted to have a net loss of RM283 million ($66 million) for the financial year, as well as current liabilities that exceeded its current assets by RM1.843 billion ($430 million). Despite the warnings, there are signs of improvement with the gradual lifting of restrictions on interstate travel. However, in recent weeks, countries around the world resumed domestic travel and were gradually reopening global borders in recognition that air transport provides the connectivity that is ... (more...)
Barbados Is Offering You a 12-Month Visa to Work Remotely
- July 11, 2020
As the rain falls and the wind blows outside my window - in July, lest we forget - the idea of WFB (Working From Barbados ) becomes ever more attractive. But in order for those things to truly resonate, what does it mean? Commercial flights to the island are due to resume from 12 July. Students were forced to transition to working from home . (more...)
- July 11, 2020
As the rain falls and the wind blows outside my window - in July, lest we forget - the idea of WFB (Working From Barbados ) becomes ever more attractive. But in order for those things to truly resonate, what does it mean? Commercial flights to the island are due to resume from 12 July. Students were forced to transition to working from home . (more...)
Coinbase Exchange Ready For Stock Market Listing
- July 11, 2020
The company further added that it has not yet filed its intention to go public with the U.S Securities and Exchange Commission (SEC), but is in talks to contact investment banks and law firms. The following year was considered a "crypto winter" due to the market correction that was major coins lose more than 90% of their value. That said , one would assume Coinbase to be doing ample homework to get past the regulatory hurdles to list itself as a public firm. (more...)
- July 11, 2020
The company further added that it has not yet filed its intention to go public with the U.S Securities and Exchange Commission (SEC), but is in talks to contact investment banks and law firms. The following year was considered a "crypto winter" due to the market correction that was major coins lose more than 90% of their value. That said , one would assume Coinbase to be doing ample homework to get past the regulatory hurdles to list itself as a public firm. (more...)
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