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JPMorgan's Back-To-Office Plan Gets A Pandemic-Sized Setback
Wednesday, September 16, 2020 - 12:24am | 415Read More...JPMorgan Chase & Co’s (NYSE: JPM) drive to bring its employees back to their workstations suffered a setback after an employee tested positive for COVID-19, the New York Post reported Tuesday. What Happened: Some workers of the Jamie Dimon-led bank had to be sent home after an employee in...
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Facebook Takes Advantage Of Pandemic To Score REI's Sprawling Seattle Area Headquarters
Tuesday, September 15, 2020 - 12:04am | 414Read More...Facebook Inc (NASDAQ: FB) has purchased Recreational Equipment Inc.’s newly-completed 400,000 square foot campus in Bellevue, Washington for $390 million, the two companies announced Monday. What Happened: The Mark Zuckerberg-led company bought the campus located on six acres...
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Fintech Focus For September 15, 2020
Monday, September 14, 2020 - 6:12pm | 2003Read More...Quote Of The Day: Be yourself; everyone else is already taken. - Oscar Wilde Fintech Movers: In August 2020, FinTech startups worldwide raised $2.80 billion worth of VC/PE investments across 220 deals. In terms of MoM trends, there was an increase of 1.4% from the $2.76 billion raised by FinTechs...
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Amazon To Add 100,000 US, Canada Workers In Fourth Major Hiring Drive During Pandemic
Monday, September 14, 2020 - 4:45am | 321Read More...Amazon.com, Inc (NASDAQ: AMZN) said Monday it was hiring 100,000 additional part-and-full-time workers for its operations network in the United States and Canada. What Happened: The e-commerce behemoth would offer a starting wage of $15 per hour , Amazon said in a blog post. In select...
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'Deflationary Undercurrent': Stock Market Update For The Week Ahead
Monday, September 7, 2020 - 9:40am | 2091Read More...The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness from the technology sector. Remember This: “August benefited from multiple tailwinds, resulting in one of the best Augusts on record. Those tailwinds look stretched and at risk, however,” said Brad...
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Zoom CEO Eric Yuan Becomes $6.6B Richer In A Day, Thanks To 40% Stock Surge
Wednesday, September 2, 2020 - 2:01am | 445Read More...Zoom Video Communications Inc. (NASDAQ: ZM) CEO Eric Yuan added $6.6 billion to his net worth Tuesday, according to the Bloomberg Billionaires Index. What Happened: The sharp increase in Yuan's wealth came as the company’s shares skyrocketed 41% after it reported a...
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Carnival Shares Drop As Princess, Cunard Lines Extend Cancellations To Next Year And Beyond
Wednesday, August 26, 2020 - 3:41am | 325Read More...Carnival Corporation (NYSE: CCL) shares extended losses in the regular and after-hours sessions Tuesday as the company-owned Princess Cruises announced the cancellation of its cruises through next year, citing health and government restrictions on border and port access. What Happened:...
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Sulzer To Buy Swiss-German Drug Delivery Firm Haselmeier For $118M
Monday, August 24, 2020 - 5:20am | 307Read More...Sulzer AG (OTC: SULZF) announced Monday it is purchasing Swiss-German drug delivery device company Haselmeier for $118 million. What Happened: Sulzer said the acquisition will boost its own healthcare portfolio, and Haselmeier’s expertise in precision injection molding can help it grow...
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Airbnb Plans To File For Long-Awaited IPO This Month: WSJ
Tuesday, August 11, 2020 - 10:06pm | 423Read More...Airbnb Inc. plans to file for an initial public offering with the United States Securities and Exchange Commission in August, and go public before the end of this year, according to a Wall Street Journal report Tuesday. What Happened The home-rental marketplace is roping in Morgan...
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Novavax Inks Deal With India's Serum Institute To Make Coronavirus Vaccine Available In Low, Middle Income Countries
Thursday, August 6, 2020 - 3:18am | 356Read More...Novavax, Inc (NASDAQ: NVAX) disclosed Wednesday it had entered into an agreement with the Serum Institute of India Private Limited for development, distribution, and commercialization of its COVID-19 vaccine in several countries. What Happened SII will gain exclusive rights to Maryland-based...
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Pfizer To Charge $39 Per Coronavirus Vaccine Course To All Developed Countries For Similar Volume Commitments As US
Wednesday, July 29, 2020 - 2:52am | 342Read More...Pfizer Inc. (NYSE: PFE) wouldn't give a discount to any developed country for its novel coronavirus (COVID-19) vaccine — over the price it's charging the United States under a contract signed last week — CEO Albert Bourla said at a conference call Tuesday. What Happened: "...
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Norwegian Announces Pricing Of Its $250M Public Offering
Friday, July 17, 2020 - 3:55am | 340Read More...Norwegian Cruise Holdings Ltd (NSYE: NCLH) late Thursday announced the pricing of its $250 million public offering. The company priced about 16.6 million shares at $15 each. Underwriters for the offering can exercise a greenshoe option to purchase up to 2.5 million additional shares. The cruise...
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Google Adds New Features Aimed At Remote Workers To Gmail For Business
Thursday, July 16, 2020 - 5:57am | 356Read More...Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google is revamping its email service for business users by integrating core tools such as video, chat, email, files, and tasks. What Happened The move to add more features to Gmail, for its business product GSuite, was announced at...
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Diversity And Inclusion In Macy's DNA For Years, But More Still Needs To Be Done, Says CEO Jeff Gennette
Wednesday, June 10, 2020 - 5:26am | 466Read More...The CEO of Macy’s Inc. (NYSE: M) Jeff Gennette, has highlighted the importance of diversity, inclusion, and the need to support the retailer’s minority staff. What Happened Appearing on CNBC’s “Closing Bell” on Tuesday, Gennette talked about the expectations...
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Marijuana Legalization Could Provide Much-Needed Economic Relief To America Post-Pandemic
Friday, April 24, 2020 - 11:19am | 632Read More...By The Fresh Toast's Brendan Bures, provided exclusively to Benzinga Cannabis. Top marijuana CEOs argue that legalization could provide the American economy a necessary shot in the arm after the coronavirus pandemic. When the fog that is the coronavirus pandemic lifts, and the threat subsides,...
