uscoronavirus aug05 After a brief lull, the daily COVID deaths and infections began to show an uptick in the United States. After the number of new coronavirus cases in the country remaining under 50000 for four consecutive days, 53,803 additional infections were reported in the last 24 hours, taking the national total to 4771519. Still, this is a better situation when compared to last week, when there were an aver

stockmarkets jan02 05aug20 European stocks rose sharply on Wednesday as investors parsed through a slew of corporate earnings and looked forward to further progress in U.S. stimulus talks. Sentiment was also boosted after survey data showed the euro zone's private sector grew at its fastest rate in over two years in July. The...

ukservice aug03 05aug20 The UK service sector logged its strongest growth in five years in July as the phased reopening of business operations lifted corporate and household spending, final data from IHS Markit showed Wednesday. The final IHS Markit/Chartered Institute of Procurement & Supply services Purchasing Managers' Index rose to 56.5 in July from 47.1 in June. The flash score was 56.6.

eurozonepmi 022117 05aug20 After four months of contraction, the euro area private sector expanded at the fastest pace since mid-2018 as easing of Covid-19 lockdown restrictions boosted demand and expectations, final data from IHS Markit showed Wednesday. The IHS Markit final composite output index rose to 54.9 in July from 48.5 in June. The flash reading was 54.8.

bluecheese aug05 H-E-B has issued an all-store recall for Blue Cheese Salmon Burgers citing the presence of an undeclared allergen, the U.S. Food and Drug Administration announced. The products contain wheat, a known allergen, which is not declared on the product label. Consumers with allergy or severe sensitivity to wheat may get serious or life-threatening allergic reaction if they consume these products.

stockmarkets dec17 05aug20 European stocks may open a tad higher on Wednesday despite diminishing hopes of an economic recovery and worsening U.S.-China relations. Asian markets are trading mixed after reports that the U.S. and China will meet later this month to discuss compliance with their phase-one trade deal. High-level...

ipo aug05 In the healthcare sector, 14 companies made their debut on the NASDAQ last month. Let's take a look at the U.S. healthcare IPOs scheduled for tomorrow (August 6).

preview oct03 05aug20 Final Purchasing Managers' survey results from euro area and the UK are due on Wednesday, headlining a busy day for the European economic news. At 3.00 am ET, the Czech Statistical Office releases retail sales data for June. Sales are forecast to climb 3.6 percent on year, reversing a 0.7 percent drop in May. In the meantime, retail sales data is due from Hungary.

The U.S. Securities and Exchange Commission is investigating the circumstances around Eastman Kodak Co.'s (KODK) announcement of a $765 million government loan to make ingredients for Covid-19 drugs, the Wall Street Journal reported citing people familiar with the matter.

prudentialplc 031418 04aug20 Prudential Financial Inc. (PRU), one of the biggest life insurer in the U.S., Tuesday posted a loss for the second quarter, hurt largely by the the effects of the coronavirus pandemic and economic and market shocks. Second-quarter net loss was $2.41 billion or $6.12 per share compared to a net income...

wallstreet oct03 04aug20 Stocks showed a lack of direction for much of the trading session on Tuesday but managed to end the day mostly higher. The major averages benefited from a late move to the upside after spending the day bouncing back and forth across the unchanged line.

nationalrestaurantassociation aug04 The National Restaurant Association has sent a letter to House and Senate leadership seeking lower qualifying threshold for the Paycheck Protection Program (PPP) as the current one would make most restaurants ineligible for further benefits. The Senate HEALS Act proposes to allow small businesses...

yellowstonecapital aug04 FTC has accused Yellowstone Capital LLC, a leading provider of merchant cash advances, of deceiving small business customers. According to the lawsuit, Yellowstone Capital used deception to lure small business customers, then regularly withdrew money from their accounts without consent even after...

wallstreet oct19 04aug20 After showing a lack of direction early in the session, stocks continue to turn in a relatively lackluster performance in mid-day trading on Tuesday. The Nasdaq and the S&P 500 are showing only modest moves, although the narrower Dow has climbed more firmly into positive territory.

nrf aug04 The National Retail Federation or NRF said that conflicting economic data amid a resurgence in coronavirus cases has made it difficult to predict how steadily the U.S. economic recovery will continue. NRF Chief Economist Jack Kleinhenz noted that based on quarterly and monthly data, the U.S. economic recovery is continuing despite the elevated COVID-19 cases.

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