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Boeing Profits Slide in First Quarter as Pandemic Weighs

The Boeing Company (NYSE: BA) stock jumped more than 8 percent Wednesday after it has reported first-quarter financials. The major manufacturer of commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch...

Conduent Collaborates with Amazon Web Services to Help Government Improve COVID-19

Conduent Incorporated (NASDAQ: CNDT) announced Thursday that its disease surveillance and outbreak management platform, Maven®, is now available on Amazon Web Services (AWS). According to the Company, the Maven solution was recently configured to...

U.S. Gold Corp. Updated Economics of the Copper King Deposit

U.S. Gold Corp. (NASDAQ: USAU) stock jumped more than 120% Tuesday after the gold exploration company announced that it has internally updated the economics of the Copper King deposit to reflect the recent rise in gold prices.  Mine Development...

Boeing to Suspend Production at its Puget Sound Facilities Due to COVID-19 Pandemic

The Boeing Company (NYSE: BA) is one of the companies that suffered most losses from the COVID-19 pandemic. The stock of the Company fell to about $105 a share (as of Monday) from highs of $315 a share just one month ago. On Friday, the Company...

The Federal Reserve Cuts Rates to Near Zero, Markets Fall

The financial markets in freefall Monday morning after the Federal Reserve announced on Sunday that it slashing interest rates by a full percentage point to near zero and said it would buy $700 billion in Treasury securities. This is an...

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Uber launches pin codes to increase safety

Uber (NYSE: UBER) is offering riders across the U.S. and Canada a four-digit pin code to increase the riders safety. Since Tuesday the Company provides their riders with a four-digit pin code to...

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PayPal to Acquire Honey Science Corporation

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that it has completed the acquisition of Honey Science Corporation, the online shopping tool, for roughly $4 billion in cash. PayPal intends to...

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Staff Picks

Hong Kong Market Rebounds on Trade Talks After Violent Week

Hong Kong’s Hang Seng index tumbled last week by as much as 1,300 points or 4.7% as the protests continued to escalate and as the U.S.-China trade war continued to pound on global economies. Last week, Asian markets edged lower after U.S....

Coty Buys Majority Stake in Kylie Cosmetics

Shares of beauty giant Coty Inc. (NYSE: COTY) are up about 2% on Monday after the company announced it will take a majority stake in Kylie Cosmetics. The deal, expected to close in the third quarter of fiscal 2020, gives Coty a 51% stake in the...

Ford Announces its First All-Electric SUV

Ford Motor Co. (NYSE: F) on Thursday announced it will be unveiling its first all-electric SUV on November 17 at an event in Los Angeles. The Mustang Mach-E will make its debut in a worldwide streaming event. Following the broadcast, Ford said...

U.S. Consumer Prices Rise 0.4% in October

Consumer prices rose a seasonally adjusted 0.4% in October, the Labor Department said Wednesday. Households paid more for energy products, healthcare, food and a range of other goods. The Consumer Price Index (CPI), which measures what Americans...

Tyson Shares Jump Despite Earnings and Revenue Miss

Shares of Tyson Foods, Inc. (NYSE: TSN) are up over 6% on Tuesday, even after the meat producer reported fourth quarter earnings and sales that fell short of estimates. Tyson said net sales increased 8.8% to USD 10.88 Billion. Analysts, however,...

Alibaba Breaks Singles Day Sales Record

Shares of Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) opened about 5% lower on Monday, even after the company delivered record sales on Singles Day, the world’s largest 24-hour shopping event. Last year, Alibaba’s Singles...