Stocks cut gains from the pre-market session and also opened up lower Wednesday, as investors looked at discourse from Federal Reserve Chair Jerome Powell. In his remarks, Powell undercut hopes of a fast V-shaped healing for the UNITED STATE economic situation amidst the coronavirus pandemic, stating that a deep, lengthy...
BENGALURU: IT solutions firms might see service from United States merchants drop dramatically, as some non-essential and also deluxe brand names closed shops and also furlough workers, experts claimed. Infosys, Cognizant, Tata Consultancy Services and also Wipro solution the retail sector in the United States and also experts...
Nova Measuring Instruments (NASDAQ:NVMI) is scheduled to announce Q1 earnings outcomes on Thursday, May 14th, earlier than market open. The consensus EPS Estimate is $0.36 and the consensus Revenue Estimate is $56.85M (+0.3% Y/Y). Over the final 2 years, NVMI has overwhelmed EPS estimates 100% of the time and has overwhelmed...
The next COVID-19 relief bill has to include recompense money for hog farmers who killed their animals because slaughter facilities were closed because of COVID-19, stated 14 senators in a letter to House and Senate leaders on Monday. The letter didn't recommend how much the reparation would cost. Up to 400,000...
More places are planned to reopen on Friday under Gov. Greg Abbott’s described the restart of the Texas economy. Hair salons, nails salons, and barbershops can be reopened now under some new health restrictions. But a Houston nail salon is planning to put safety over money before reopening. Gloss Nail Bar in...
Celebrating the National Nurses Week, Dunkin' Donuts is giving some free doughnuts and coffee for all health workers appreciating them for being on the front lines fighting coronavirus. Dunkin' Donuts' restaurant chain will offer anyone who works in a hospital from doctors, nurses, and any other healthcare worker a free...
J. Crew, the clothing apparel company is preparing for bankruptcy stating that it could happen soon this week. Secretly held J. Crew is trying to save about $400 million in financing to fund tasks in bankruptcy, stated the people, who mentioned anonymity as the data is private. They warned that...
Casino's income on the Las Vegas Strip decreased 46% to just less than $300 million in March, underscoring the slope hit to jobs and tax income that Nevada is taking from the coronavirus lockdown. Casinos were shut down by orders in mid-March by Governor Steve Sisolak, a Democrat. Unemployment has...
Nio, the new vehicle in the market of the electric cars, has become a lifesaver as another $1 billion investment from different Chinese investment funds. The urgent supports secure Nio's future and will guarantee new vehicles keep on being developed. Reuters has a report on the investment after a Nio conference...
Facebook CEO Mark Zuckerberg has apparently recast his top managerial staff to cast aside exteriors and merge decision-making at the social media giant. The campaign culminated in the recent flights of two directors from the board and the appointment of a longtime friend of Zuckerberg, the Wall Street Journal reported...