Pelosi pushes suspending SALT cap in fourth coronavirus stimulus plan

Nancy Pelosi: Coronavirus bill prioritizes families, testing Speaker of the House Nancy Pelosi, D-Calif., says Congress will pass a bill to help families fight coronavirus. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below As Congress and the Trump administration begin talks on a fourth round of fiscal stimulus to […]

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U.S. Move Sharply Higher As Traders Shrug Off Spike In Jobless Claims

Stocks moved sharply higher over the course of the trading session on Thursday as traders shrugged off data showing a spike in first-time jobless claims. The Dow and the S&P 500 closed higher for the third straight day, climbing further off Monday’s three-year lows. The major averages saw further upside going into the close, ending the day just off their […]

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Wall Street Analyst Bosts Fox To ‘Buy’ In Rare Media Upgrade

Guggenheim analyst Michael Morris slapped a buy rating on shares of Fox Thursday – a rare upgrade in a period of dislocation and dire predictions by Wall Street across media and entertainment. Morris upped his recommendation from ‘neutral’ – basically a hold – calling Fox the best positioned among its broadcast peers to weather the ongoing coronavirus-induced downturn. While weaker […]

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BrewDog hand sanitiser turned down by local hospital in Scotland

The independent brewer BrewDog is considering reformulating hand sanitiser made at its distillery in Aberdeenshire after it was turned down by a local hospital because it did not meet medical standards. The firm said last month it would be giving away its “punk sanitiser” free to charities and to the Aberdeen Royal Infirmary, but a donation of thousands of bottles […]

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U.S. Stocks Rally As Traders Shrug Off Spike In Jobless Claims

With traders shrugging off a record spike in new unemployment claims, stocks have moved sharply higher in morning trading on Thursday. The Dow and the S&P 500 are moving higher for the third straight day, climbing further off Monday’s three-year lows. The major averages have pulled back off their best levels in recent trading but continue to post substantial gains. […]

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Elizabeth Holmes wants case deemed 'essential'; judge fires back

AG Barr: If you’re hoarding medical goods, you will hear a knock at your door Attorney General William Barr on President Trump’s order to stop hoarding and price gouging of essential medical supplies. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below A judge overseeing Elizabeth Holmes' case slammed the […]

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Alleged Stock-Dumping GOP Senator’s Coronavirus PSA Does Not Go Down Well

Sen. Kelly Loeffler (R-Ga.) — who allegedly sold stocks ahead of the coronavirus crisis after attending closed-door congressional briefings about its looming threat — encouraged people to stay strong in a video released online Wednesday. Loeffler talked about the “great moments that remind us we’re all humans in this together, working hard to keep each other safe, strong and healthy” […]

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Sainsbury’s revives bicycle deliveries in central London

Sainsbury’s is using bicycles to transport essential groceries from a closed convenience store in London in an effort to bolster its delivery service during the coronavirus outbreak. The supermarket is relaunching its one-hour bicycle delivery service, Chop Chop, from its Blackfriars store in central London, which was one of 12 small local outlets used mainly by commuters that closed last […]

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Main Street Banks Are About to Show Just How Much Risk They Face

Executives at regional U.S. banks often say they’re only going to do as well as their clients. That’s now more true than ever. Investors are focused on which firms are exposed to the wrong industries as the coronavirus pandemic roils the economy, and they plan to scour for clues as the lenders report results in coming weeks. Bank stocks have […]

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