Japanese bank lending grew at the fastest annual pace on record in June as companies continued to hoard cash to tide over the sweeping impact of the coronavirus pandemic, central bank data showed on Wednesday. Deposits parked at financial institutions also surged to an all-time high as big companies parked funds they borrowed as a precaution to meet immediate cash needs, the BOJ data showed. The increase suggests companies are still reeling from the effects of the pandemic, even after Japan lifted lockdown measures to contain the virus in late May.
New York, July 07, 2020 -- Reportlinker.com announces the release of the report "Global Connected Gym Equipment Market 2020-2024" -.
The Federal Trade Commission and the U.S. Justice Department are looking into allegations that popular app TikTok failed to live up to a 2019 agreement aimed at protecting children's privacy, according to two people interviewed by the agencies. A staffer in a Massachusetts tech policy group and another source said they took part in separate conference calls with FTC and Justice Department officials to discuss accusations the China-based short video sharing app had failed to live up to an agreement announced in February 2019. The Center for Digital Democracy, Campaign for a Commercial-Free Childhood and others in May asked the FTC look into their allegations TikTok failed to delete videos and personal information about users age 13 and younger as it had agreed to do, among other violations.
The stock market rally had a down day, but not hot EV plays Tesla and Nio. Facebook is in focus late after Mark Zuckerberg met with ad boycott organizers.
The U.S. Consumer Financial Protection Bureau on Tuesday issued its long-awaited payday lending measure that rescinds an Obama-era proposal requiring lenders first ensure a borrower is able to repay them. Consumer advocates blasted the move as a further sign the Trump administration is going easy on predatory lenders. Lenders would have been required to ensure borrowers had the means to repay a loan and meet other living expenses.
Allstate Corp said on Tuesday it will buy National General Holdings Corp for about $4 billion in cash as the insurer looks to expand its market share in personal lines insurance business. National General's shareholders will receive $32 per share in cash and closing dividends of $2.50 per share for each share held, representing a premium of about 69% to its Tuesday's close.
The job cuts comprise just under 40% of the entire DHL workforce on the contract, the union said. DHL indicated that the half of the job cuts are due to a decline in car production and half are the result of anticipated "efficeincy savings", the union added. "DHL must not attempt to make permanent full-time staff redundant while continuing to outsource work to sub-contractors," Matt Draper, Unite national officer for logistics, said.
Macy's (NYSE: M) shares fell 60% in the first six months of the year, according to data from S&P Global Market Intelligence, as the company was hit hard by the coronavirus pandemic. The department store chain was forced to sharply cut back on expenses, take on more debt, and pause its turnaround as stores closed for several weeks. With a heavy real estate footprint and a business largely dependent on apparel sales, which come with a distinct set of challenges during the lockdown, Macy's is struggling to manage its way through the crisis.
The Global Dry-cleaning and Laundry Services Market will grow by USD 13.75 bn during 2019-2023
President Trump ripped into Harvard University on Tuesday for its decision to continue with online coursework into the 2020-2021 academic year amid the coronavirus pandemic.
Cardston, Alberta--(Newsfile Corp. - July 7, 2020) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") - announces that due to ongoing concerns related to the spread of COVID-19, and in order to mitigate potential risks to the health and safety of its shareholders and communities, the Company has elected to postpone this year's annual general meeting of shareholders (the "AGM") which originally would have been at this time. The ...
Ascendis Pharma A/S (ASND), a biopharmaceutical company that utilizes its innovative TransCon™ technologies to address unmet medical needs, today announced the pricing of its underwritten public offering of 4,225,352 American Depositary Shares (“ADSs”), each of which represents one ordinary share of Ascendis, at a price to the public of $142.00 per ADS. All of the ADSs are being offered by Ascendis. In addition, Ascendis has granted the underwriters a 30-day option to purchase up to an additional 633,802 ADSs at the public offering price, less the underwriting commissions.
Ascena Retail Group, the owner of brands like Lane Bryant and Ann Taylor, is preparing to file for bankruptcy as soon as this week, according to Bloomberg.
Moody's Investors Service, ("Moody's") downgraded California Resources Corporation's (CRC) Corporate Family Rating (CFR) to Ca from Caa3, ratings on its senior secured first lien term loan due 2022 to Caa3 from Caa1 and ratings on its senior secured first lien term loan due 2021 to Ca from Caa3. At the same time, Moody's downgraded CRC's Probability of Default Rating (PDR) to Ca-PD/LD from Caa3-PD and affirmed its senior secured revolving credit facility rating at B2. There is no change to the SGL-4 Speculative Grade Liquidity Rating.
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
TechSherpas 365, an IT training company headquartered in Tampa, has partnered with the University of South Florida to offer new Microsoft and Cyber Security Certification programs to the local workforce. Scheduled to begin the week of Sept. 14, these two- to 10-week instructor-led training programs will be held twice a week in the evenings via virtual live delivery.
Black Hat, the world’s leading producer of information security events, announces details for its upcoming Black Hat Asia virtual event, taking place September 29 – October 2. Black Hat Asia virtual will offer a robust lineup of content including nearly 15 Trainings, nearly 40 Briefings, keynote and locknote presentations, community and sponsored programming, a virtual Business Hall, Arsenal Program, CISO Summit, and networking opportunities. Briefings will take place on October 1st and 2nd will feature an impressive lineup of talks presented by today’s most influential researchers and professionals.
Pearl Abyss announced today that the brand-new character system "Awakening" has arrived in Black Desert Mobile. Experienced Adventurers can now unlock a new set of skills and weapons to experience a whole new playstyle with their characters.
The Global Semiconductor Market will grow by USD 241.39 bn during 2019-2023
New York, July 07, 2020 -- Reportlinker.com announces the release of the report "Global Curcumin Market 2020-2024" - https://www.reportlinker.com/p04933693/?utm_source=GNW Our.
The Allstate Corporation (NYSE: ALL) has agreed to acquire National General Holdings Corporation for approximately $4 billion in cash, or $34.50 per share. The transaction is expected to close in early 2021, subject to regulatory approvals and other customary closing conditions.