C&E Industry News Filter
- Market
CDC data show 74% of people who tested positive for the virus in Massachusetts outbreak were fully vaccinated
A federal investigation into a COVID-19 outbreak earlier this month in a Massachusetts county that’s home to Cape Cod found…
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Trump told Justice Department officials to declare election results ‘corrupt’ and ‘leave the rest to me and the [Republican] Congressmen’: contemporaneous notes
WASHINGTON (AP) — President Donald Trump urged senior Justice Department officials to declare the 2020 election results “corrupt” in a…
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‘It feels like we are getting hit by a train’: Florida’s coronavirus cases jumped 50% this week
FORT LAUDERDALE, Fla. (AP) — Florida’s coronavirus cases jumped 50% this week, the state Health Department reported Friday, continuing a…
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CDC expected to release data that informed reconsideration of face masks, says delta variant of COVID means the ‘war has changed’
The Centers for Disease Control and Prevention is expected to release data later Friday about the spread of the delta…
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NatWest Swung to 2Q Pretax Profit, Resumes Dividend, to Launch GBP750 Mln Share Buyback — Update
By Sabela Ojea NatWest Group PLC on Friday reported a swing to a pretax profit ahead of market views for…
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Amazon stock falls 5% as pandemic sales boom appears to stall
Amazon.com Inc. sales growth slowed down in the second quarter of the year as bricks-and-mortar stores reopened across the U.S.,…
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Biden expected to outline requirement for federal workers to get vaccinated or face regular tests in latest push for U.S. vaccine program
President Joe Biden is expected to announce later Thursday a plan to require all federal employees to either get vaccinated…
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Robinhood set to receive a lukewarm reception on Wall Street
Robinhood Markets Inc., which has disrupted Wall Street with its no-fee trading app, is set to receive a rather lukewarm…
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Nokia Raises FY Sales Guidance
By Dominic Chopping Nokia Corp. on Thursday posted a forecast-beating rise in second-quarter net profit and raised guidance, driven by…
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Nestle 1H Sales CHF41.76B
By Giulia Petroni Nestle SA said Thursday that net profit rose in the first half and raised its full-year organic…
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Google delays workers’ return to the office until mid-October, and will require vaccinations
SAN RAMON, Calif. (AP) — Google GOOG, -0.30% is postponing a return to the office for most workers until mid-October…
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Robinhood prices IPO at bottom of range, valuing trading app at $26.7 billion
Robinhood Markets Inc. priced its initial public offering at the bottom of its expected range Wednesday night, which still values…
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Facebook blows past estimates, but warns growth will ‘decelerate’ in second half of year
Facebook Inc. is the latest tech giant to cash in on a surge in digital advertising, but worrisome guidance in…
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Ford surprises Wall Street with Q2 profit, sees chip supply ‘improving’
Ford Motor Co. late Wednesday swung to a surprise quarterly profit, saying “strong” demand for its vehicles allowed it to…
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Boeing Stock Is Jumping After a Surprise Profit. Here’s What’s Behind Its ‘Shocking Beat. ‘
A Boeing 737 MAX 10 airliner. Ellen Banner-Pool/Getty Images Commercial aerospace giant Boeing reported a surprise profit for the second…
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Robinhood asking for $35 billion valuation in its IPO: Here are the 5 most eye-popping disclosures from the filing
It’s been quite a run for Robinhood, the no-fee trading app targeting millennials that became the trading app for nearly…
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Gunmaker Remington offers $33 million to Sandy Hook families
HARTFORD, Conn. (AP) — The maker of the rifle used in the Sandy Hook Elementary School shooting has offered some of the…
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Treasury yields edge up as investors ready for Fed’s policy update
U.S. Treasury yields climbed modestly on Wednesday as investors await the most recent statement from the Federal Reserve, which could…
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Adecco to Buy France’s AKKA Technologies in EUR2 Bln Deal
By Olivia Bugault Adecco Group AG said Wednesday that it will acquire engineering R&D services provider AKKA Technologies SE at…
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Deutsche Bank 2Q Profit Beats Estimates Amid Lower Provisions — Update
By Mauro Orru Deutsche Bank AG posted profit ahead of analysts’ expectations for the second quarter as provisions for credit…
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Microsoft tops $60 billion in annual earnings for the first time to cap record-breaking year
Microsoft Corp. finished yet another record-breaking year with more than $60 billion in profit and $165 billion in sales, showing…
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Apple sees profit nearly double as iPhone sales boom
Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat…
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Feds sell one-of-a-kind Wu-Tang Clan album forfeited by ‘Pharma Bro’ Martin Shkreli
A one-of-a-kind Wu-Tang Clan album that had been owned by jailed pharmaceutical executive Martin Shkreli has been sold by the…
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CDC expected to reverse policy on face masks later Tuesday, amid reports of breakthrough infections with delta variant of COVID-19
Reports of breakthrough infections with the delta variant of the coronavirus-borne illness COVID-19 in Americans who are fully vaccinated has…
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Reckitt Benckiser Swung to 1H Loss on Higher Costs — Update
By Matteo Castia Reckitt Benckiser Group PLC reported on Tuesday a swing to pretax loss for the first half of…
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Moonpig Group FY 2021 Pretax Profit Rises on Higher Revenue
By Ian Walker Moonpig Group PLC on Tuesday reported a 3.5% rise in fiscal 2021 pretax profit on more-than-doubled revenue…
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Fauci confirms U.S. health officials are taking a fresh look at face masks, as COVID-19 cases continue to spread
The U.S. government’s leading health officials are actively considering recommending that even those individuals who are fully vaccinated against COVID-19…
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U.S.-listed China education stocks tumble again as Beijing makes industry crackdown official
Beijing’s crackdown on education got Wall Street’s attention anew on Monday, with more downgrades for U.S.-listed shares as analysts tallied…
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Sales of new homes slump to the lowest level since start of pandemic. High costs and low selection are to blame
The numbers: Sales of new homes in the U.S. fell in June to the lowest level since the first month…
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Fed to tiptoe towards tapering this week
The Federal Reserve is expected to have a lengthy discussion this week about slowing down the monthly bond purchases that…
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FirstGroup’s Largest Shareholder Calls for CEO to Resign
By Joe Hoppe Coast Capital said Monday that it is calling for the resignation of FirstGroup PLC’s chief executive officer…
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Opinion: Amazon’s stock looks tired. Consider buying shares of these five fast-growing e-commerce plays instead
Jeff Bezos has plenty of achievements under his belt, the most recent being his extraterrestrial excursion. But Amazon.com AMZN, +0.48%…
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Opinion: This is the tipping point for when people vaccinated against COVID-19 should mask up again indoors
With the highly infectious delta coronavirus variant spreading at an alarming rate, the World Health Organization in late June 2021 urged people to again…
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U.S. not out of the woods with COVID cases rising in all 50 states, CDC head warns, urges unvaccinated to get their shots
The U.S. is not out of the woods yet as COVID-19 cases are rising in all 50 states, driven by…
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Intel says chip shortage could drag into 2023 as outlook barely clears Street view
Intel Corp. shares weakened in the extended session Thursday after the chip maker’s outlook barely surpassed the Wall Street consensus…
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Snap stock rockets after huge earnings beat, as revenue more than doubles
Snap Inc. saw revenue more than double in the latest quarter, easily topping expectations amid a continued rebound in the…
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Intel stock ticks lower as outlook barely clears Wall Street expectations following beat
Intel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed…
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Biden says COVID-19 fast becoming pandemic of unvaccinated, hopes children under 12 can join program ‘within months’
The coronavirus pandemic is fast becoming one for those people who have not yet gotten vaccinated, a frustrated President Joe…
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The FDA may not fully approve a COVID-19 vaccine until January. Here’s why
It looks as though the first full approval of a COVID-19 vaccine will happen by January at the latest, according…
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Delta variant of SARS-CoV-2 is now in 124 countries and will likely be dominant strain globally within months, says WHO
The highly transmissible delta variant of SARS-CoV-2, the coronavirus causing the disease COVID-19, is now present in 124 countries and…
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10 software stocks with sales expected to increase up to 174% through 2023
Investors looking for bargains in an expensive stock market might be better off focusing on sales growth as an indicator,…
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U.S. warns travelers to avoid U.K. as long as delta variant of COVID is rampant, and study finds India death toll likely 10 times higher than official count
One day after the U.K. lifted its COVID-19 restrictions and allowed its citizens to gather maskless in bars, restaurants and…
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Billionaire space race: As Jeff Bezos blasts off, here’s how his flight compares to Richard Branson’s trip
The billionaire space race enters a new phase this Tuesday, as Jeff Bezos, who recently stepped down as Amazon’s AMZN,…
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European stocks and U.S. futures rebound after worst rout in months
European stocks rose and U.S. futures gained ground on Tuesday, setting a partial recovery after the worst session in the…
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IBM stock gains after earnings show second consecutive quarter of sales growth
International Business Machines Corp. reported revenue growth for a second consecutive quarter Monday afternoon, beating expectations and sending shares higher…
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22 stocks, including Carnival and Zoom, that are down 30% or more from 52-week highs
(The initial version of this article featured an incorrect list. This has now been corrected.) You would think that with…
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U.K. drops COVID restrictions against advice of experts, and delta variant drives cases higher across the U.S.
The global tally of confirmed cases of COVID-19 climbed above 190.5 million on Monday, as the U.K., against the advice…
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Home-builder confidence wanes as materials and labor shortages continue
The numbers: While home builders are still more upbeat regarding the real-estate market than they were a year ago, shortages…
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COVID-19 cases now rising in all 50 states, as global tally tops 189 million
The global tally of confirmed cases of COVID-19 climbed above 189 million on Friday, as the highly transmissible delta variant…
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Bars and restaurants ring up big business in June and lead rebound in U.S. retail sales
The numbers: Sales at U.S. retailers rebounded in June as Americans flocked to bars and restaurants and bought the latest…
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