BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
MarketWatchJul 02, 2020
Market Snapshot: Dow futures rise 400 points after strong jobs report despite record rise in daily new coronavirus cases
U.S. stock futures pointed to sharp gains early Thursday as investors digested a stronger-than-expected monthly employment report amid rising numbers of new coronavirus cases.

RELATED ARTICLES
Coronavirus live updates: U.S. reports a record 50,000 new cases in a day (CNBC Business)
Coronavirus tally: Global cases of COVID-19 above 10.7 million and U.S. cases top 50,000 in a day for first time (MarketWatch MarketPulse)

Google Business NewsJul 02, 2020
Record jobs gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1% - CNBC
Record jobs gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1%  CNBCJune jobs report: US economy adds better than expected 4.8 million payrolls, unemployment rate falls to 11.1%  Yahoo FinanceThe US economy created 4.8 million jobs in June. But that's not the whole story  CNNTo avoid a step backwards this summer, C

RELATED ARTICLES
Dow futures surge 400 points after jobs report for June shows 4.8 million jobs added, unemployment falls to 11.1% (MarketWatch MarketPulse)

CNBC BusinessJul 02, 2020
5 things to know before the stock market opens Thursday
Dow futures pointed to a strong gain at Thursday's open after a double dose of jobs data.

RELATED ARTICLES
London Markets: U.K. stocks rise after U.S. jobs boost but lag behind European peers (MarketWatch)

Yahoo BusinessJul 02, 2020
Tesla to make molecule printers for German COVID-19 vaccine developer CureVac
CureVac, an unlisted German company, has said it is developing portable, automated mRNA production units that it calls printers and which Musk described as "RNA microfactories". The company, based in Tuebingen and backed by the Bill & Melinda Gates Foundation, is a pioneer of the so-called messenger RNA approach, which is also pursued by BioNTech and its partner Pfizer as well as Moderna.


NYTimes BusinessJul 02, 2020
U.S. Added Nearly 5 Million Jobs in June: Live Business Updates
The latest on stock market and business news during the coronavirus outbreak.

Yahoo BusinessJul 02, 2020
Stock market news live updates: Futures jump after June jobs data smash expectations
Stock futures surged as investors awaited a slew of critical employment data on the state of the U.S. labor market set for release later Thursday morning.


RELATED ARTICLES
Stock market live updates: Futures higher, jobs increase by 4.8M, Tesla jumps 9% (CNBC Finance)
Tesla's stock soars 9% in premarket after second-quarter deliveries data (MarketWatch Breaking News)

Chicago Tribune Business NewsJul 02, 2020
Unemployment falls to 11.1% in June amid record job gains, but pandemic dims outlook
U.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month yet still remained far short of regaining the colossal losses it suffered this spring.

RELATED ARTICLES
Monthly Unemployment Numbers: Job Market Recovering Slowly During Pandemic (NPR Topics: Business)

FT.com - Financial MarketsJul 02, 2020
Global stocks rise as investors welcome strong US jobs report
US employers added 4.8m new jobs in June, beating market expectations

RELATED ARTICLES
European stocks and U.S. futures climb ahead of eagerly awaited jobs data - MarketWatch (Google Business News)

Google Business NewsJul 02, 2020
Tesla (TSLA) Q2 2020 vehicle delivery and production numbers - CNBC
Tesla (TSLA) Q2 2020 vehicle delivery and production numbers  CNBCTesla is now worth more than Toyota, Disney and Coke  CNNElon Musk Is Still Sharing Coronavirus Misinformation  FuturismElon Musk congratulates Tesla employees ahead of Q2 deliveries report  CNBCElon Musk's Coronavirus Self-Own To Go Down In Th

RELATED ARTICLES
Tesla Quarterly Deliveries Fell Less Than Expected Amid Covid Shutdown (Wall Street Journal US Business)
Tesla shares soar 9% premarket on stronger-than-expected Q2 deliveries (MarketWatch MarketPulse)

MarketWatchJul 02, 2020
NewsWatch: Return of March panic is the biggest risk to the S&P 500 right now. Here's the trigger
Our call of the day has charted out some highs and lows for the S&P 500 that investors need to watch out for in coming weeks and months. And here's what could cause a trigger.

RELATED ARTICLES
Need to Know: Return of March panic is the biggest risk to the S&P 500 right now. Here's the trigger (MarketWatch)
Market Extra: Is the stock market closed Friday? For July 4th, here's everything investors need to know about trading hours and closures (MarketWatch)

Google Business NewsJul 02, 2020
Dow futures rise 200 points, as Nasdaq cues up record rally ahead of jobs report - MarketWatch
Dow futures rise 200 points, as Nasdaq cues up record rally ahead of jobs report  MarketWatchDow futures jump more than 400 points after much bigger than expected June jobs increase  CNBCJune Jobs Report Rocks With 4.8 Million Jobs, But It Won't Last; Dow Jones Futures Surge  Investor's Business DailyOpening Bell: U.S. Futures Drift After Best S&P 500 Q2 In 20 Years; USD Flat  Investing.comDazed

USA Today MoneyJul 02, 2020
4.8M jobs added and unemployment falls to 11.1% as more states reopen after COVID-19 shutdowns
The economy added 4.8M jobs in June as states allowed more businesses shuttered by the coronavirus to reopen. Economists had forecast 3M gains.      

NYTimes BusinessJul 02, 2020
Stock Markets Edge Higher: Business Updates
The latest on stock market and business news during the coronavirus outbreak.

Private Equity Breaking NewsJul 02, 2020
Priveq closes SEK2.5bn Fund VI launched amid worst of coronavirus
European private equity investor Priveq has hit a SEK2.5bn ($270m) final close for its sixth flagship fund, raised entirely during the worst of the coronavirus crisis.

RELATED ARTICLES
Backcast Partners passes $775m of assets under management thanks to debut private credit fund close (Private Equity Breaking News)
CDC, Finnfund anchor $202m Africinvest Fund IV first close (Private Equity Breaking News)

Inc.comJul 02, 2020
Digital Advertising Was Already Having a Bad Year. The Facebook Boycott Could Change It For Good
It's no longer considered okay to support platforms that betray your values.

RELATED ARTICLES
Zuckerberg says advertising boycott won't change Facebook's principles: Report - Fox Business (Google Business News)

CNBC FinanceJul 02, 2020
Stocks making the biggest moves in the premarket: McDonald's, Tesla, JetBlue, Facebook & more
The stocks making the biggest moves in premarket trading include McDonald's, Tesla, JetBlue, Facebook, and more.

FT.com - China, Economy & TradeJul 02, 2020
Hong Kong law threatens freedom of information
Exposing abuses and holding government accountable just became a lot harder

MarketWatch MarketPulseJul 02, 2020
Tesla stock price target boosted to $2,000 by Wedbush, making it the highest among FactSet analysts
Wedbush analyst Dan Ives raised his stock price target for Telsa Inc. to $2,000 from $1,250 on Friday, making it the highest among analysts on FactSet. "We believe with demand for Model 3's ramping stronger than expectations in China heading into the summer timeframe, the lockdown easing in the US/Europe, and some potentially "game changing" battery developments on the horizon (Battery Day another key catalyst) that Tesla's stock likely has room to run further," Ives wrote in a note to clients. The move comes a day after Tesla stock closed at a fresh record of $1,133.36, boosting its valuation to more than $207 billion and above, at least for now, Japan's Toyota Motor Corp.'s TM, -1.18% $203 billion market value. Toyota, which makes more than 8 million vehicles a year, long has been the No. 1 global car maker by market capitalization. Tesla is expected to report second-quarter sales this week, with analysts polled by FactSet expecting the sale of 72,000 vehicles in the quarter, of which 61,000 are Model 3s. "While the stock has been roaring higher, we believe the main fundamental catalyst continues to be the massive China market which is showing clear signs of a spike in demand for Musk & Co. heading into the rest of this year," Ives wrote. The analyst is expecting Tesla to reporter stronger second-quarter deliveries than the market is expecting, and could hit 450,000 for the year. Tesla shares jumped another 6.5% premarket to bring its year-to-date gain to 168%, while the S&P 500 has fallen 3.6%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



FT.com - USJul 02, 2020
Coronavirus latest: Low-cost airlines report near wipe-out in passenger numbers for June
The suicide of Alex Kearns — who thought he had lost heavily — has triggered calls for reform of online brokerages

Google Business NewsJul 02, 2020
Hundreds arrested in Hong Kong protests, as analysts weigh in on national security law's impact - CNBC
Hundreds arrested in Hong Kong protests, as analysts weigh in on national security law's impact  CNBCHundreds arrested on first day of Hong Kong national security law  CNNHouse passes China sanctions as Pelosi declares 'one country, two systems' dead  POLITICOHow China Scammed Hong Kong  The New York Times

SEC.gov Updates: News DigestJul 02, 2020
8-K - ALEXION PHARMACEUTICALS, INC. (0000899866) (Filer)
2020-07-02 0001104659-20-080237 236 KB
Item 2.01: Completion of Acquisition or Disposition of Assets
Item 8.01: Other Events
Item 9.01: Financial Statements and Exhibits


RELATED ARTICLES
8-K - PORTOLA PHARMACEUTICALS INC (0001269021) (Filer) (SEC.gov Updates: News Digest)
8-K - L Brands, Inc. (0000701985) (Filer) (SEC.gov Updates: News Digest)

MarketWatch MarketPulseJul 02, 2020
U.S. trade deficit widens in May to $54.6 billion
The U.S. trade deficit widened by 9.7% in May to $54.6 billion, the government said Thursday. Economists surveyed by MarketWatch had predicted the deficit would widen to a seasonally adjusted $53.1 billion. Exports in May fell 4.4% to $144.5 billion, while imports declined 0.9% to $199.1 billion. Total exports are down 32% from May 2019, while imports are down 25%, as the coronavirus pandemic slows global trade.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



NPR Topics: BusinessJul 02, 2020
Hiring Surged In June. Employers Added 4.8 Million Jobs Before New Spike In Infections
U.S. employers added 4.8 million jobs last month as the unemployment rate fell to 11.1%. There are indications that the job growth has slowed recently amid a surge of new coronavirus infections.

Google Market NewsJul 02, 2020
UK court blocks Maduro's bid to access $1 billion in Venezuelan gold - CNN
UK court blocks Maduro's bid to access $1 billion in Venezuelan gold  CNNVenezuela gold: UK High Court rules against Nicolás Maduro  BBC NewsVenezuelan President Maduro's Claim for Gold Held in U.K. Is Rejected  The Wall Street JournalVenezuela's dictatorship is gaining ground as Trump undermines Guaidó | Opinion  Miami HeraldU.K. Judge Denies President Nicolás Maduro

Google Business NewsJul 02, 2020
Packers set new precedent with Jordan Love's guaranteed deal: report - Fox News
Packers set new precedent with Jordan Love's guaranteed deal: report  Fox NewsPackers sign Jordan Love to contract that includes something never given to a No. 26 overall pick, per report  CBS SportsPackers sign QB Jordan Love to fully guaranteed rookie deal  NFL.comThe Most Important Green Bay Packers: Sullivan Set For Expanded Role  Forbes

MarketWatch MarketPulseJul 02, 2020
Coty names former L'Oreal executive Sue Y. Nabi as CEO effective September
Cosmetics company Coty Inc. said Friday it hs named Sue Y. Nabi as chief executive effective September. Nabi is founder and CEO of luxufry skincare line Orveda and a former worldwide president of L'Oreal ad Lancome. The company said it has named its current CEO Peter Harf to the role of executive chairman. Shares were up 1.9% premarket, but have fallen 62% in the year to date, while the S&P 500 has fallen 3.6%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchJul 02, 2020
After months of speculation, investors get excited about Pfizer, BioNTech's coronavirus vaccine candidate
The path to a COVID-19 vaccine has started to come into view this week, following the stock-moving disclosures of preliminary clinical data for two candidates and a rigorous new regulatory road map from the Food and Drug Administration.

USA Today MoneyJul 02, 2020
'Don't tell my wine snob friends': Why Americans are buying more boxed wine during COVID-19
The stigma and shame of buying cheap wine in a cardboard package has been boxed out by the coronavirus pandemic       

The Motley FoolJul 02, 2020
3 Facts About High-Yield Dividend Stocks Every Investor Should Know
Higher yields usually bring an increased level of risk.

The Motley FoolJul 02, 2020
Could the iPhone 12 Propel Apple's Stock Past $500?
Wedbush's bullish take on Apple glosses over some serious near-term threats.

RELATED ARTICLES
Apple-owned Dark Sky gets an extra month on Android, will now sunset on August 1 - Android Police (Google Business News)

The Motley FoolJul 01, 2020
Why COVID-19 Vaccine Developer Dynavax Is Down 6.5% Today
Pfizer released intriguing data regarding its own COVID-19 vaccine.

RELATED ARTICLES
Pfizer and BioNTech Post Positive Trial Data for Their COVID-19 Vaccine (The Motley Fool)

Forbes HeadlinesJul 01, 2020
Asian And Black Americans Facing Discrimination Amid The Coronavirus Pandemic, Study Finds
Three-in-10 Asian Americans have been targeted with slurs or jokes, while 20% of Black Americans and 26% of Asian people said they feared someone may threaten or physically attack them.

MarketWatchJul 01, 2020
The Wall Street Journal: Coca-Cola to close Odwalla juice business
Coca-Cola Co. is discontinuing its Odwalla juice business and a refrigerated trucking network that delivered fresh drinks to stores, the latest sign of consumer-goods companies narrowing their focus during the coronavirus pandemic.

Google Business NewsJul 01, 2020
Several San Quentin Inmates On Hunger Strike Amid Alarming COVID-19 Surge - HuffPost
Several San Quentin Inmates On Hunger Strike Amid Alarming COVID-19 Surge  HuffPost‘Horribly botched.' Lawmakers slam California prisons for ‘out-of-control' COVID-19 infections  Sacramento BeeFirsthand Look Inside San Quentin Where 1000 Inmates Have Tested Positive For COVID-19  KPIX CBS SF Bay AreaCalifornia officials blasted for prison coronavirus outbreak  KCRA SacramentoCOVID-19 outbreak in San Quentin causes reckoning in Marin  Sacramento Bee

RELATED ARTICLES
San Quentin Prisoners Go On Hunger Strike Amid Massive COVID-19 Outbreak - The Appeal (Google Market News)

MarketWatch MarketPulseJul 01, 2020
Nu Skin stock rallies 11% after company's better Q2 sales outlook
Shares of Nu Skin Enterprises Inc. jumped more than 11% in the extended session Wednesday after the maker of supplements and personal care products estimated that its second-quarter sales will be between $603 million and $608 million, above its previous forecast. That is due to "strong global customer growth with particular strength in the Americas and Europe," with online sales accounting for 80% of volume, Nu Skin said. The company had called for second-quarter sales between $520 million and $550 million previously. Nu Skin said it would report results and provide a full-year outlook on Aug. 5 after the bell. Analysts polled by FactSet expect Nu Skin to report adjusted earnings of 49 cents a share on sales of $541 million.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
FormFactor stock rallies as coronavirus does little to hamper sales (MarketWatch MarketPulse)
Tesla stock hits fresh record as Wall Street awaits Q2 sales (MarketWatch MarketPulse)

Wall Street Journal US BusinessJul 01, 2020
Major Tech Company CEOs to Testify Before Congress
Top executives of Amazon, Apple, Facebook and Google will appear before the House Judiciary Committee later this month.

RELATED ARTICLES
CEOs of Alphabet, Amazon, Apple and Facebook to testify before Congress in late July: report (MarketWatch MarketPulse)

Forbes HeadlinesJul 01, 2020
PPP Loans Help America's Small Businesses Stay Afloat During The Pandemic
To hear the stories of some of the business owners who received vital funds from PPP is encouraging, and a hopeful sign of America's ability to rebuild and recover.

NPR Topics: BusinessJul 01, 2020
Fox News Host Newly Fired For Sexual Misconduct Had Prompted Earlier Warning
Fox News fired Ed Henry after an investigation into "willful sexual misconduct in the workplace." In 2017, a colleague had warned against raising Henry's profile amid the network's effort to reform.

CNBC BusinessJul 01, 2020
Record fireworks sales expected as Fourth of July gets celebrated at home during the pandemic
Covid-19 has prompted the cancellation of thousands of large fireworks displays to celebrate Independence Day. Without these attractions, more people than ever are setting off their own firework displays.

KiplingerJul 01, 2020
Should You Play this Video Games ETF?
Video games aren't just games. They are also TV content, judging by the millions of people who watched some 1.75 billion hours of streamed video-gaming programming on Twitch, the live-stream platform for gamers, just in May alone. They're live events, too, with thousands of people showing up to watch top-level gamers face off in e-sports arenas. That makes video games big, big business. Consultant Research and Markets forecasts that the global video-game market will increase revenues at a 6.4% annualized rate between 2019 and 2024, when it will hit $179.1 billion in sales.

Work From Home ETF (WFH) Launches: What You Need to Know Global X Video Games & Esports ETF is one of a handful of funds that allow investors to cash in on that growth. HERO sports a tight portfolio of 40 firms involved in developing, publishing, distributing or streaming video games, producing related hardware, or operating e-sports leagues or teams. The fund weights holdings by market value, so the larger the stock, the more HERO invests in it. Gaming is global, and so is HERO; it has 71% of assets invested outside of the U.S.

The ETF will only invest in companies that derive at least 50% of their revenues from video game-related businesses. That means you won't see tech conglomerates such as Sony and Microsoft in the fund. You will see graphics chipmaker Nvidia, whose products power high-end gaming rigs; Chinese internet and video gaming company NetEase; and familiar Japanese powerhouse Nintendo. "If it's a leading company in the theme, we want to own that company," says Pedro Palandrani, research analyst at Global X ETFs.



Wall Street Journal US BusinessJul 01, 2020
Car Sales Fell in the Second Quarter, Despite Deals and Covid-19 Stimulus
Major auto makers reported sharp drops in second-quarter U.S. vehicle sales, as sweet discounts and financing deals weren't enough to offset factory and dealership closures from the Covid-19 pandemic.

Yahoo BusinessJul 01, 2020
Should Value Investors Buy Qualcomm (QCOM) Stock?
If you are looking for the best ideas for your portfolio you may want to consider some of Amana Mutual Funds top stock picks. Amana Mutual Funds, an investment management firm, is bullish on Qualcomm Inc (NASDAQ:QCOM) stock. In its Q4 2019 investor letter - you can download a copy here - the firm discussed […]

TRENDING TAGS
Coronaviruscases live record latest updates
jobsJune futures million report Dow
Covid-19vaccine cases Amid Pfizer BioNTech
marketstock futures live jobs stocks
Junejobs million report unemployment 111%
millionJune jobs unemployment falls 111%
Stockmarket Today live Pfizer vaccine
Pandemiccoronavirus During amid record job
StocksEuropean strong rise rally jobs
casescoronavirus record reports live updates

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC