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Equities.com 09/25/2020 15:28
Image: Virginia Governor Ralph Northam voting, Sept. 18, 2020. Source: governor.virginia.gov. By Alan Suderman. RICHMOND, Va. (AP) — Virginia Gov. Ralph Northam announced Friday that he and his wife have both tested positive for the coronavirus, though he said he is showing no symptoms. He’s among four governors around the country who have tested positive for the virus that causes COVID-19, but one of the others turned out to be a false positive. Northam and his wife, who has mild symptoms, plan to isolate for the next 10 days, and the governor will fulfill his duties while working remotely, according to a statement from his office. The Democrat, the country’s only governor who is also a doctor, has previously been criticized by some Republic.
Equities.com 09/25/2020 14:16
Image source: KARE 11 News, Minneapolis. By Gary D. Robertson and Scott Bauer. RALEIGH, N.C. (AP) — As the pandemic prompts a surge in voting by mail, voters in a handful of states, including the presidential battlegrounds of North Carolina and Wisconsin, are facing a requirement that already is tripping up thousands — the need to have a witness sign their ballot envelope. A lack of a witness signature or other witness information has emerged as the leading cause of ballots being set aside before being counted in North Carolina, with problems disproportionately affecting Black voters in the state, according to an Associated Press analysis of state election data. While there is a process for fixing the omissions, voting rights advocates say th.
Equities.com 09/25/2020 11:26
Image source: metamorworks / iStockphoto. Wireless networks both in the US marketplace and around the globe are spending billions of dollars every year, year after year, to bring 5G to the marketplace. The winners will be those who innovate better. 5G has only just begun and will get better and faster as time passes. We will continue on this growth path for years to come. Let’s take a look at a few companies that are leading today. 5G is more than just the next generation of the wireless industry. Going forward, wireless carriers will need to be innovative in order to win as the marketplace continues to expand with new technologies and new competitors. Plus, non-wireless companies will also enter the world of 5G. 5G wireless means autonomous.
Equities.com 09/25/2020 10:52
Image: Margrethe Vestager, Executive Vice President, European Commission, Commissioner for Competition. Source: European Commission. By Foo Yun Chee. BRUSSELS (Reuters) - EU antitrust chief Margrethe Vestager on Friday appealed a court ruling dismissing her order to iPhone maker Apple to pay 13 billion euros ($15 billion) in Irish back taxes, a landmark case in the European Commission’s crackdown against sweetheart tax deals. The Luxembourg-based General Court in July scrapped the Commission’s 2016 ruling, saying that EU competition enforcers had not met the requisite legal standard to show that Apple had enjoyed an unfair advantage. Vestager said the case was important, a sign that her drive to get multinationals pay their fair share of tax.
Equities.com 09/25/2020 10:13
Image: Joe Biden. Source: Gage Skidmore,. By Tom Bowman. Nearly 500 national security experts — both civilians and former senior uniformed officers — have endorsed Joe Biden for president, saying the "current president" is not up to "the enormous responsibilities of his office.". Addressed to "Our Fellow Citizens," the 489 national security experts include 22 four-star officers. The never mentions President Trump by name. Among those signing the letter is retired Air Force Gen. Paul Selva, who stepped down last year as vice chairman of the Joint Chiefs, the Pentagon's No. 2 officer. Selva could not be immediately reached for comment. Another is former Vice Adm. Michael Franken, who retired in 2017 and ran unsuccessfully this year for the Democ.
Equities.com 09/25/2020 09:39
Image: Ruth Bader Ginsburg. Source: Supreme Court of the United States. WASHINGTON (AP) — Capping days of commemorations of her extraordinary life, Supreme Court Justice Ruth Bader Ginsburg becomes the first woman in American history to lie in state in the U.S. Capitol. Ginsburg, who died last week at age 87, also will be the first Jewish-American to lie in state and just the second Supreme Court justice. The first, Chief Justice William Howard Taft, also had been president. Ginsburg’s casket will be brought to the Capitol Friday morning for a private ceremony in Statuary Hall attended by her family and lawmakers, and with musical selections from one of Ginsburg’s favorite opera singers, mezzo-soprano Denyce Graves. Democratic presidential
Equities.com 09/24/2020 22:12
Image: Bernard Arnault, Chairman and CEO, LVMH Moët Hennessy – Louis Vuitton. By Sarah White and Mathieu Rosemain. PARIS (Reuters) - France’s richest man Bernard Arnault ratcheted up a tug-of-war over Paris Match publisher Lagardère on Thursday, revealing he had built up a direct stake in the firm, which is under siege from several other investors. Loss-making Lagardère has become the unlikely target of a proxy battle between some of France’s top businessmen, after the firm’s managers sought help to fend off a campaign by activist investor Amber Capital to shake up the company’s governance. New investors came on board as a result, including Vincent Bolloré, another French billionaire who controls media firm Vivendi. But the new array of share.
Equities.com 09/24/2020 19:50
Image source: Costco Wholesale Corp. (Reuters) - Costco Wholesale Corp recorded high coronavirus-related costs for the second straight quarter, overshadowing its better-than-expected results and sending the company's shares down 3% in extended trading on Thursday. The warehouse chain spent about $281 million on employee bonuses and sanitizing its warehouses in the fourth quarter, mirroring a trend of rising costs across U.S. retailers during the health crisis. Costco had estimated in May that COVID-19-related costs would exceed $100 million, but would be lower than the $283 million incurred in the prior quarter. “$281 million is over $100 million but quite a bit larger,” Chief Financial Officer Richard Galanti said on an earnings call. The c.
Equities.com 09/24/2020 18:12
Image: Examples of content posted by suspended accounts. Source: Facebook. By Jack Stubbs. LONDON (Reuters) - Facebook Inc on Thursday said it had dismantled three networks of fake accounts which could be used by Russia's intelligence services to leak hacked documents as part of efforts to disrupt the upcoming U.S. election. The company said the accounts, which it suspended for using fake identities and other types of “coordinated inauthentic behavior,” were linked to Russian intelligence and people associated with a St. Petersburg-based organization accused by U.S. officials of working to sway the 2016 presidential vote. The Russian foreign ministry did not immediately respond to a request for comment. Moscow has repeatedly denied allegation.
Equities.com 09/24/2020 15:32
Image: Paul Brennan / Pixabay. By Ken Sweet. NEW YORK (AP) — Demand for new homes continues to surge despite an ongoing pandemic and lingering anxiety about the U.S. economy. The pace of sales have now reached levels last seen before the Great Recession in 2006. Sales of new homes in August rose by a very strong 4.8% to a seasonally-adjusted annual rate of 1.01 million units, the U.S. Department of Commerce reported Thursday. The jump followed a new home sales spike in July of 13.9%. The rapid spread of COVID-19 infections in the U.S. this spring quashed sales, but not demand. The pace picked back up in the summer, driving home prices in many places to record highs. In addition to pent up demand, record low mortgage rates appear to be driving.
Equities.com 09/24/2020 15:11
By Aaron Morrison and Kat Stafford. NEW YORK (AP) — As the decision in Kentucky to bring charges against only one of three police officers involved in a raid that killed Breonna Taylor sparks renewed protests nationwide, a new survey finds support has fallen for demonstrations against systemic racism. The poll from finds that 44% of Americans disapprove of protests in response to police violence against Black Americans, while 39% approve.
Equities.com 09/24/2020 14:10
By Nandita Bose. WASHINGTON (Reuters) - The U.S. Senate Commerce Committee chaired by Republican Senator Roger Wicker will issue subpoenas to the chief executives of Twitter Inc, Alphabet Inc's Google and Facebook Inc if they do not agree to testify at a hearing on Oct. 1. The hearing will discuss a legal immunity known as Section 230 of the Communications Decency Act that technology companies have when it comes to liability over content posted by users. Section 230 says that "No provider or user of an interactive computer service shall be treated as the publisher or speaker of any information provided by another information content provider" (). Republican President Donald Trump has made holding tech companies accountable for allegedly stif.
Equities.com 09/24/2020 13:27
Image: Treasury Secretary Steven Mnuchin, White House, April 29, 2020. Source: Official White House Photo by Andrea Hanks. By David Shepardson, Tracy Rucinski. WASHINGTON/CHICAGO (Reuters) - U.S. Treasury Secretary Steven Mnuchin told Congress on Thursday he cannot tap unused coronavirus lending authority to provide cash grants to help U.S. passenger airlines avoid thousands of layoffs. Airlines have been pushing Congress for months to back a new $25 billion bailout and extend payroll assistance to prevent passenger airline layoffs for another six months. The $25 billion payroll assistance in the “CARES” act approved in March required no layoffs by airlines through Sept. 30. “Is there anything that you have under existing authorities, either.
Equities.com 09/24/2020 12:29
Image source: Target Corp. (Reuters) - Target Corp said on Thursday it would double its staff for contactless services and hire more seasonal employees for distribution centers this holiday season, as consumers shop more online to avoid crowds during the COVID-19 pandemic. The company, one of the retailers benefiting from the big shift to online shopping during the health crisis, said it expected seasonal hiring to be on par with last year, when it hired more than 130,000 store employees. Consumers have been increasingly shopping online and either have items delivered to their homes or collect them at a nearby store as they stay indoors. According to a forecast from Deloitte, e-commerce sales are expected to record a 25% to 35% rise in the
Equities.com 09/24/2020 10:12
Image: Donald Trump, Philadelphia International Airport, Sept. 15, 2020. Source: Official White House Photo by Joyce N. Boghosian. By Jeff Mason. WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday he may or may not approve any new, more stringent FDA standards for an emergency authorization of a COVID-19 vaccine, saying such a proposal would appear political. Trump has repeatedly said a vaccine for COVID-19, the disease caused by the coronavirus, could be ready for distribution ahead of the Nov. 3 presidential election. The Washington Post reported on Tuesday the U.S. Food and Drug Administration would issue the guidance to boost transparency and public trust as health experts have become increasingly concerned the Trump ad.
Equities.com 09/24/2020 09:17
By Christopher Rugaber. WASHINGTON (AP) — The number of people seeking U.S. unemployment aid rose slightly last week to 870,000, a historically high figure that shows that the viral pandemic is still squeezing restaurants, airlines, hotels and many other businesses six months after it first erupted. The figure coincides with evidence that some newly laid-off Americans are facing delays in receiving unemployment benefits as state agencies intensify efforts to combat fraudulent applications and clear their pipelines of a backlog of jobless claims. California has said it will stop processing new applications for two weeks as it seeks to reduce backlogs and prevent fraudulent claims.
Equities.com 09/23/2020 20:15
Image source: United Airlines. CHICAGO (Reuters) - United Airlines has agreed to delay the effective date of pilot furloughs until Oct. 30 while union members vote on a broader deal that would protect some 2,850 jobs for months longer. However, pilots will not be paid during the month of October if that deal does not pass, according to a memorandum of understanding between United and the union representing its 13,000 pilots that was seen by Reuters. "Our pilots are voting right now on a tentative agreement that, if approved, would avoid all pilot furloughs for at least nine months," United spokesman Frank Benenati said on Wednesday.
Equities.com 09/23/2020 18:04
Image: Screenshot, Sept. 23, 2020. Source: sec.gov. By Jessica DiNapoli. NEW YORK (Reuters) - The U.S. Securities and Exchange Commission voted 3-2 on Wednesday to make it tougher for shareholders to push companies on issues such as climate change, social justice and diversity, with Democratic commissioners dissenting against the move. The rule, first proposed last November, raises the bar on how long investors have to hold $2,000 worth of stock before they can submit a shareholder proposal to be included on the company’s annual ballot and how much support they must receive before resubmitting it. The guidelines on how much support proposals must receive to be resubmitted have not changed since 1954. “Shareholder proposals impose costs on com.
Equities.com 09/23/2020 17:19
By Adam Beam. SACRAMENTO, Calif. (AP) — California will outlaw sales of new gasoline-powered passenger cars and trucks by 2035, Gov. Gavin Newsom announced Wednesday, a move he says will cut greenhouse gas emissions by 35% in the nation’s most populous state. His plan would not ban people from owning gas-powered cars or selling them on the used car market.

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