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Forbes HeadlinesSep 22, 2020
Tesla Reveals Plan To Halve EV Battery Costs At Battery Day 2020
At Battery Day 2020, Tesla CEO Elon Musk announced enhancements to its battery designs that could lead to more than a 50% reduction in costs per kWh, paving the way for electric vehicles to be cheaper than fossil fuel cars - much cheaper.

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Tesla Has A Cheaper, Bigger Battery Cell-But Needs Time To Reach ‘Terawatt-Hour' Production (Forbes Headlines)
Will Tesla's Battery Day Reveal Of A $25,000 Vehicle Be On-Time? (Forbes Headlines)

MarketWatchSep 22, 2020
Tesla's stock skids 7% as promised ‘Battery Day' innovations remain off in the future
Tesla stock turns lower after Elon Musk says some of Tesla's battery innovations were ‘close to working.'

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Tesla stock turns lower by 4% with promised 'Battery Day' innovations in future (MarketWatch Breaking News)

MarketWatch MarketPulseSep 22, 2020
U.S. death toll from COVID-19 tops 200,000, JHU says
The U.S. death toll from COVID-19 has topped 200,000, according to data aggregated by Johns Hopkins University, and makes up about one-fifth of the global total which is approaching one million. The new case tally has increased to 6,867,960 worldwide and to 6,867,960 in the U.S., the JHU data show, while the global death toll is at 966,152 and the U.S. death toll climbed to 200,182. The second-highest case tally in the world is India at 5,562,663 while the second-highest death count is 137,272 in Brazil. Within the U.S., the states where deaths per capita are showing the highest growth over the last 14 days include North Dakota, Missouri, Virginia, Rhode Island and South Dakota, according to New York Times data. The states with the highest death totals overall are New York, New Jersey, Texas, California and Florida.

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.



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Sanofi, GlaxoSmithKline signs deal with Canada to deliver 72 million doses of potential COVID-19 vaccine (MarketWatch MarketPulse)
COVID-19 vaccine verdicts loom as next big market risk (Yahoo Business)

Google Business NewsSep 22, 2020
NASA releases Artemis mission plans to return astronauts to the moon - Business Insider - Business Insider
NASA releases Artemis mission plans to return astronauts to the moon - Business Insider  Business InsiderNASA lays out $28 billion plan to return astronauts to the moon in 2024  Spaceflight NowNASA details how $28B will be spent to return astronauts to the moon in 2024  Fox NewsNASA unveils $28 billion plan to land first woman, next man on the moon in 2024  USA TODAY

USA Today MoneySep 22, 2020
Stocks shrug off early drop to close higher, halting first 4-day losing streak since early in pandemic
Stocks shrugged off an early drop and closed higher Tuesday, halting the first four-day losing streak since the market sold off early in the pandemic.      

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Stocks making the biggest moves after hours: Nike, Stitch Fix, KB Home and more (CNBC Finance)

Google Business NewsSep 22, 2020
US household wealth hits record despite coronavirus pandemic - Fox Business
US household wealth hits record despite coronavirus pandemic  Fox BusinessPowell to make last-ditch effort on COVID-19 relief | TheHill  The HillMaxine Waters tells Powell Fed's emergency actions have ‘fallen badly short'  POLITICOThis New Fed Policy Could Be A Game-Changer For Bitcoin  Forbes'There's no question we are dealing with considerable weakness,': Former OMB Chief Economist  Yahoo Finance

KiplingerSep 22, 2020
Stock Market Today: Tech Stocks on Top Again as Fed Seeks a Helping Hand
The seesaw in market leadership tilted back toward tech on Tuesday as Federal Reserve leaders continued to stump for Congressional help and as European COVID concerns continued to bubble.

Fed Chair Jerome Powell told the House Committee on Financial Services that, while the economy is indeed improving, continued progress is "highly uncertain" and continued to stress the importance of additional fiscal stimulus. Separately, Chicago Fed President Charles Evans was more specific, saying the country risks "recessionary dynamics" without a new rescue package.

SEE MORE The 25 Best Low-Fee Mutual Funds to Buy in 2020 Meanwhile, the U.K. announced earlier closing hours on pubs and restaurants Tuesday, a day after Deutsche Bank analysts said to "expect lots more restrictions over the days and weeks ahead."

The Nasdaq Composite climbed 1.7% to 10,963 thanks to gains in the tech and communications sectors. It was also helped by a 5.7% surge in Amazon.com (AMZN), which received a Buy call from Bernstein, launched a $499 Peloton (PTON, -0.4) knock-off bike called Prime Bike and set the stage for this year's Prime Day.

Other action in the stock market today:

The Dow Jones Industrial Average improved by 0.5% to 27,288.The S&P 500 gained 1.1% to 3,315. The small-cap Russell 2000 finished 0.7% higher to 1,496. Tesla


Washington Post BusinessSep 22, 2020
Tesla's latest big unveiling isn't a car or truck: It's the battery tech that could power its future
The company aims to build a battery that can make the transition to electric vehicles more sustainable.

Google Business NewsSep 22, 2020
Donald Trump to announce his Supreme Court pick at 5 pm on Saturday - Daily Mail
Donald Trump to announce his Supreme Court pick at 5 pm on Saturday  Daily MailTucker denounces RBG's reported dying wish not to be replaced by Trump: 'We don't believe that for a second'  Fox NewsMitt Romney backing of Supreme Court vote paves way for election-year confirmation  CNNTrump Supreme Court favorite Amy Coney Barrett would be the ultimate insult to RBG  NBC News

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Trump court announcement set for Saturday as Amy Coney Barrett emerges as a favorite - CNN (Google Business News)

Google Business NewsSep 22, 2020
China, in Pointed Message to U.S., Tightens Its Climate Targets - The New York Times
China, in Pointed Message to U.S., Tightens Its Climate Targets  The New York TimesUN General Assembly: US-China tensions flare over coronavirus  BBC NewsRivalries challenge UN as it marks 75 years since founding  Al Jazeera EnglishUnited Nations: China's Xi Jinping showed he understands the system better than Trump  Vox.comTrump tells UN to hold China accountable for coronavirus pan

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China: Trump ‘spreading political virus' at United Nations - Aljazeera.com (Google Business News)

USA Today MoneySep 22, 2020
Elon Musk says Tesla's full self-driving Autopilot is coming soon and it's 'clearly going to work'
The next step in the self-driving revolution is coming in 'a month or so, says Tesla CEO Elon Musk, teasing the company's full self-driving Autopilot.      

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Elon Musk Promises to Make a $25,000 Tesla (in 3 Years) (NYTimes Business)
Tesla's Elon Musk said a $25,000 electric car with next-gen battery in the works - The Verge (Google Business News)

CNBC BusinessSep 22, 2020
Trump says U.S. will remain open as UK imposes coronavirus restrictions: 'We're not going to be doing that'
"The U.K. just shut down again. They just announced that they're going to do a shutdown, and we're not going to be doing that," President Donald Trump told Fox 2 Detroit during an interview.

SEC.gov Updates: News DigestSep 22, 2020
4 - SEQUOIA CAPITAL GLOBAL GROWTH PRINCIPALS FUND, L.P. (0001540748) (Reporting)
2020-09-22 0000899243-20-025992 63 KB

CNBC BusinessSep 22, 2020
Stock market winners overshadow the need for economic stimulus, Jim Cramer says
"The visible stories are almost all positive. The negative stories are mostly hidden, at least when it comes to the stock market," CNBC's Jim Cramer said.

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Market Snapshot: Dow recovers from intraday drop as S&P 500, Nasdaq snap four-day losing streak (MarketWatch)

Yahoo BusinessSep 22, 2020
U.S., China power struggle impacts TikTok deal with Oracle, Walmart
Yahoo Finance's Tech Editor Dan Howley joins Yahoo Finance's The First Trade with Alexis Christoforous and Brian Sozzi to discuss the latest developments surrounding TikTok.


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5 Things to Know About Oracle and Walmart's TikTok Deal (The Motley Fool)
What Trump's TikTok deal learnt from China's approach to apps (FT.com - China, Economy & Trade)

FT.com - USSep 22, 2020
Online sales surge sends Nike shares to record high
Sportswear group finds ecommerce makes up for lower foot traffic at reopened stores

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Nike shares soar as online sales jump 82%, retailer sees rebound in China (CNBC Business)
Nike swings back to a quarterly profit as digital sales surge 82% (Yahoo Business)

Google Business NewsSep 22, 2020
A Somber Boris Johnson Offers Britain a New Plan to Halt the Virus - The New York Times
A Somber Boris Johnson Offers Britain a New Plan to Halt the Virus  The New York TimesBoris Johnson says UK is at a 'perilous turning point' and tells people to work from home  CNBCBoris Johnson Announces New Set Of Restrictions As Coronavirus Cases Rise In The U.K. | NBC News NOW  NBC NewsBoris Johnson has blamed coronavirus on the British people, for loving freedom too much  The IndependentCoronavirus: New Covid restrictions could last six

Google Business NewsSep 22, 2020
Nike shares spike 8% after blockbuster sales - CNN
Nike shares spike 8% after blockbuster sales  CNNNike (NKE) reports fiscal Q1 2021 earnings and revenue beat  CNBCNike's Sales Bounce Back From Coronavirus Slide  The Wall Street JournalNike swings back to a quarterly profit as digital sales surge 82%  Yahoo FinanceNike's digital sales are up 82% in fiscal first quarter  CNBC Television

Google Business NewsSep 22, 2020
Amazon Prime Day 2020 signaled to start October 13 - CNBC
Amazon Prime Day 2020 signaled to start October 13  CNBCAmazon Prime Day has a date  Fox BusinessAmazon Big Fall Sale 2020: 7 deals you can't afford to miss  Digital TrendsAmazon Prime Day will begin October 13th, multiple sources say  The VergeHere's What We Know About Amazon's 2020 Prime Day Deals  msnNOWView Full Coverage on Google

MarketWatchSep 22, 2020
Outside the Box: Trump's trade policy failed the workers he promised to help
On trade, it's time to accept that Trump's approach hasn't worked, and workers are paying the price.

Forbes HeadlinesSep 22, 2020
Prime Bike: Amazon Launches $499 Peloton ‘Knockoff'
Peloton shares dipped 3.23% following the announcement.

Google Business NewsSep 22, 2020
28-year-old Houston doctor dies after battle with coronavirus, family says - msnNOW
28-year-old Houston doctor dies after battle with coronavirus, family says  msnNOWResident Doctor Dies of Coronavirus at 28 After Treating COVID-19 Positive Patients in the ER  PEOPLE28-year-old doctor in Texas dies after long battle with COVID-19, family says  CBS NewsTexas doctor, 28, dies following two month COVID battle after she became infected treating patients  Daily Mail

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Chinese tycoon who called Xi Jinping a 'clown' and ripped his coronavirus response gets 18-year sentence - Fox News (Google Business News)

SEC.gov Updates: News DigestSep 22, 2020
3 - Newgioco Group, Inc. (0001080319) (Issuer)
2020-09-22 0001017386-20-000356 3 KB

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4 - Newgioco Group, Inc. (0001080319) (Issuer) (SEC.gov Updates: News Digest)

USA Today MoneySep 22, 2020
Fake Facebook pages made in China targeted U.S. presidential election
Facebook removed a small network of fake accounts and pages that originated in China and focused on influencing the presidential election in November.       

SEC.gov Updates: News DigestSep 22, 2020
4 - EASTGROUP PROPERTIES INC (0000049600) (Issuer)
2020-09-22 0000049600-20-000108 6 KB

NPR Topics: BusinessSep 22, 2020
Facebook Removes Chinese Accounts Posting About Foreign Policy, 2020 Election
Most of the operation's activity focused on Chinese interests in the South China Sea but also included some content about U.S. politics.

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Facebook, Google, Twitter, YouTube Need To Take Responsibility For Election Integrity (Forbes Headlines)

MarketWatchSep 22, 2020
NewsWatch: These cheap stocks could see huge gains during a vaccine-driven economic rebound
When analysts raise their earnings estimates, shares of some of the hardest-hit companies will begin to bounce back.

Google Business NewsSep 22, 2020
Restaurant chain Sizzler files for Chapter 11 bankruptcy, citing impact of COVID-19 pandemic - USA TODAY
Restaurant chain Sizzler files for Chapter 11 bankruptcy, citing impact of COVID-19 pandemic  USA TODAYThis Popular Steakhouse Chain Is Filing for Bankruptcy  Yahoo LifestyleSizzler USA applies for bankruptcy  KTNV Channel 13 Las VegasSizzler restaurant chain files for bankruptcy, says move is a 'direct result' of coronavirus pandemic  Fox BusinessSouthland Restaurant Chain Sizzler Files For Bankruptcy  CBS Los Angeles

MarketWatch Breaking NewsSep 22, 2020
These cheap stocks could see huge gains during a vaccine-driven economic rebound
These cheap stocks could see huge gains during a vaccine-driven economic rebound

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Deep Dive: These cheap stocks could see huge gains during a vaccine-driven economic rebound (MarketWatch)

CNBC FinanceSep 22, 2020
Stock futures rise slightly after S&P 500 breaks 4-day losing streak
Stocks snapped a 4-day losing streak on Tuesday.

MarketWatchSep 22, 2020
Outside the Box: Where to invest when climate change forces a tax on carbon and oil is no longer widely used
Rising temperatures worldwide could boost stock-market returns in colder countries but hurt returns in warmer countries.

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Here's How To Watch Tesla's Battery Day Presentation (Yahoo Business)

FT.com - Financial MarketsSep 22, 2020
Global stocks inch higher despite concerns over Covid-19
Markets stabilise after Monday's falls as UK outlines stricter curbs to fight coronavirus

MarketWatchSep 22, 2020
Fed's Evans sees risks of ‘recessionary dynamics' without more fiscal stimulus
Chicago Fed President Charles Evans said Tuesday the economy needs more help from Congress, saying there could be recessionary dynamics without it.

Yahoo BusinessSep 22, 2020
Here's How Much Investing $1,000 In Oracle Stock In 2010 Would Be Worth Today
Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there's no question some big-name stocks did much better than others along the way.Oracle's Difficult Decade: One poor performer of the last decade was cloud service stock Oracle Corporation (NYSE: ORCL).Oracle spent much of the past decade transitioning away from its legacy businesses of on-premise database services, hardware and business software to a new cloud services-centric model.In 2016, Oracle paid $9.3 billion for cloud pioneer NetSuite. Unfortunately, Oracle's major investments in cloud services aren't generating the type of growth investors had hoped. Revenue was flat on a constant-currency basis in fiscal 2020. Cloud license revenue and on-premise license revenues have been particularly weak in recent quarters.TikTok Drama: The good news for Oracle investors is that the company has made two potentially game-changing deals during the COVID-19 pandemic. First, Oracle landed Zoom Video Communications Inc (NASDAQ: ZM) as a cloud customer earlier this year. Second, Oracle emerged as a winner from a messy bidding war among American companies to partner with popular social media app TikTok.When Chinese TikTok parent company ByteDance rejected a buyout offer from Microsoft Corporation (NASDAQ: MSFT) and Walmart Inc (NYSE: WMT), Oracle swooped in to secure a deal to become TikTok's "technology partner." As part of the deal, Or

Google Business NewsSep 22, 2020
Elon Musk reveals the Tesla Model S ‘Plaid' slated for late 2021 - TechCrunch
Elon Musk reveals the Tesla Model S ‘Plaid' slated for late 2021  TechCrunchElon Musk says Tesla deliveries will rise 30% to 40% in 2020, touts new battery tech  CNBCTesla's Elon Musk said a $25,000 electric car with next-gen battery in the works  The VergeElon Musk promises $25,000 Tesla and says Model S 'Plaid' is coming soon  CNNTesla warns on c

MarketWatch Breaking NewsSep 22, 2020
House passes stopgap funding bill to avert government shutdown
House passes stopgap funding bill to avert government shutdown

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House Passes Continuing Resolution To Fund Government - NPR (Google Business News)

Yahoo BusinessSep 22, 2020
Why NVIDIA Corp. (NVDA) Is Buying SoftBank's ARM
NVIDIA Corporation (NASDAQ: NVDA) recently struck a deal to acquire Arm Limited from SoftBank Group for $40 billion.  The combination will bring together NVIDIA's AI computing platform with Arm's vast ecosystem to "create the premier computing company for the age of artificial intelligence," according to NVIDIA. The deal is a hot topic in the technology industry. The […]


Washington Post BusinessSep 22, 2020
Nearly 9 million people didn't get stimulus payments. A GAO report asks why the IRS isn't doing more to help.
The Government Accountability Office recommended that the Treasury Department and the IRS do more to update estimates of eligible recipients who have yet to file for a stimulus payment.

The Motley FoolSep 22, 2020
S&P 500 Bounces Back as Twitter, Amazon, Homebuilder Stocks Move Higher
A tech stock surge, an upgrade for Amazon, and good news for home sales boosted stocks today.

Forbes HeadlinesSep 22, 2020
Wells Fargo CEO Reportedly Blames ‘Limited Pool Of Black Talent' For Trouble Reaching Diversity Goals
"While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of black talent to recruit from," CEO Charles Scharf said.

Google Market NewsSep 22, 2020
At least 8.7 million people risk not receiving a $1,200 stimulus check - Business Insider - Business Insider
At least 8.7 million people risk not receiving a $1,200 stimulus check - Business Insider  Business InsiderNearly 9 million people didn't get stimulus payments. A GAO report asks why the IRS isn't doing more to help.  The Washington PostAt Least 8.7 Million Americans At Risk Of Losing $1,200 Stimulus Checks  ForbesStimulus payments: 150,000 Alabamians are still owed first stimulus payment

The Motley FoolSep 22, 2020
Stock Markets Rebound as Amazon Chases Peloton; High Hopes for Aurora Cannabis
Some gains for key indexes were overdue.

MarketWatchSep 22, 2020
The Conversation: Everything you need to know about what it would take for the FDA to approve a COVID-19 vaccine
You've probably been wondering how the Food and Drug Administration will decide if a COVID-19 vaccine is safe and effective.

CNBC BusinessSep 22, 2020
Norwegian CEO sees lower 2021 bookings, hopes for an 'OK' year, as cruises try to resume despite coronavirus
Shares of the three major cruise companies that are traded in the U.S., Norwegian, Royal Caribbean and Carnival Corp., are down at least 50% from Jan. 1. However, all three have outpaced broader market gains since their lows in mid-March.

Google Business NewsSep 22, 2020
Xbox Series X pre-orders begin, and gamers are eager to buy - CNN
Xbox Series X pre-orders begin, and gamers are eager to buy  CNNXbox Series X pre-orders are a mess despite Microsoft's promises  PolygonXbox Series X sold out? These are the retailers we think will have stock soon  TechRadarEditorial: Quest 2 & PSVR 2 Must Make Xbox VR Happen  UploadVRWhere to Preorder Xbox Series X and Xbox Series S  IGN

MarketWatchSep 22, 2020
: Funding for the extra $300 unemployment benefit is nearing depletion — but it's lasting longer in some states
More than 94% of the FEMA disaster-relief money being used to fund the extra benefits has been distributed to make the $300-a-week payments across more than 20 states

MarketWatch MarketPulseSep 22, 2020
Stocks finish higher as Powell, Mnuchin repeat calls for stimulus
U.S. stocks closed higher, snapping a four-day losing streak for two of the three major indexes, as investors attempted to look past rising coronavirus case counts around the world and intensifying political tensions in Washington. The Dow Jones Industrial Average added 140 points or 0.5% to close near 27,287, according to preliminary closing figures, while the S&P 500 finished near 3,316, up 34 points or 1.1%. The Nasdaq Composite index jumped 185 points, 1.7%, and finished trading near 10,964. Federal Reserve policymakers on Tuesday repeated calls for Congress to enact additional aid to help the economy, and Treasury Secretary Steven Mnuchin said the White House was interested in reaching a deal with lawmakers. Shares of Amazon.com Inc. bounced more than 5% higher after an analyst price-target increase.

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.



MarketWatch Breaking NewsSep 22, 2020
U.S. stocks snap 4-session losing streak as tech rebounds
U.S. stocks snap 4-session losing streak as tech rebounds

MarketWatchSep 22, 2020
Election: Here's how key swing states are leaning in the presidential race — and how they're weathering the recession
As a few battleground states look on track to decide the 2020 White House race, it's worth looking at how their economies are faring during the coronavirus recession.

Yahoo BusinessSep 22, 2020
Exclusive: Wells Fargo CEO ruffles feathers with comments about diverse talent
"While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of black talent to recruit from," Scharf said in the memo, seen by Reuters. Scharf spent more time listening than speaking during the previously unreported 90-minute call which he initiated.


Forbes HeadlinesSep 22, 2020
Former OKC Thunder Coach Billy Donovan Reportedly Accepts Chicago Bulls Job
Billy Donovan and the Oklahoma City Thunder agreed to mutually part ways exactly two weeks ago. Now, he will head to Chicago to be the head coach of the Bulls while the Thunder search for their next coach.

CNBC FinanceSep 22, 2020
Apple, Amazon and Google will emerge as winners from a major market shift, tech analyst Gene Munster predicts
"There's going to be a fracturing of the performance within FAANG," Loup Ventures' Gene Munster says.

Forbes HeadlinesSep 22, 2020
New Chicago Bulls Coach Billy Donovan Is ‘A Superstar Person And A Flat-Out Terrific Coach,' Rick Pitino Says
After parting ways earlier this month with the Oklahoma City Thunder, Billy Donovan has agreed to coach the Chicago Bulls, ESPN's Adrian Wojnarowski reported.

RELATED ARTICLES
Bulls name Billy Donovan Head Coach - Bulls.com (Google Business News)

Google Market NewsSep 22, 2020
Chicago Bulls hire Billy Donovan as coach to replace Jim Boylen - ESPN
Chicago Bulls hire Billy Donovan as coach to replace Jim Boylen  ESPNBulls hire former Thunder head coach Billy Donovan  Yahoo SportsBulls Bubble Timeline and Participants, Jordan Starts a NASCAR Team, White Gives Back, and Other Bulls Bits  bleachernation.comBulls name Billy Donovan Head Coach  Bulls.comThe Bulls are hiring Billy Donovan as head coach - Woj | SportsCenter  ESPN

Yahoo BusinessSep 22, 2020
Tesla rival? Bill Gates-backed electric vehicle battery startup comes into limelight
The U.S. Department of Labor on Tuesday announced a proposed rule that would change the federal government's test used to determine whether workers are employees or independent contractors under the Fair Labor Standards Act.


MarketWatchSep 22, 2020
As Ginsburg's death reshapes the future of the Supreme Court — here are 4 cases this fall with money implications for families and companies
Issues on the docket include copyright law, regulations tied to prescriptions and unsolicited text messages.

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Ruth Bader Ginsburg and American Business (Wall Street Journal US Business)

The Motley FoolSep 22, 2020
Apple Stock Will Jump to $125, According to This Analyst
Is he correct?

Google Business NewsSep 22, 2020
Wisconsin declares new public health emergency after surge in coronavirus cases among young people - CNN
Wisconsin declares new public health emergency after surge in coronavirus cases among young people  CNNPoll worker firing for not wearing a mask sues Wisconsin governor | TheHill  The HillView Full Coverage on Google News

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U.S. health officials struggled to get public to cooperate with coronavirus contact tracing, new CDC study says (CNBC Business)

Yahoo BusinessSep 22, 2020
Could The Market Be Wrong About VMware, Inc. (NYSE:VMW) Given Its Attractive Financial Prospects?
VMware (NYSE:VMW) has had a rough three months with its share price down 8.2%. However, a closer look at its sound...


MarketWatch MarketPulseSep 22, 2020
Apple gets a price target boost at Citi on Apple Watch optimism
Citi Research analyst Jim Suva upped his price target on Apple Inc. shares to $125.00 from $112.25 in a Tuesday note to clients as he increased his projections for the company's wearables business. He's upbeat about Apple's potential in wearables given "continued demand strength in consumer spending on technology gadgets, especially those that enable improved productivity (work from home) and improved ability to track one's health/fitness." Suva also expects that the company will be able to generate momentum with a new family-setup options that allows people to manage Apple Watch devices for their children or older relatives even if those family members don't have their own iPhones. "Apple continues to make inroads into health care devices market which we view as a positive move for attracting and engaging their users to their products, given the importance of such features by individuals," Suva continued. He maintained a buy rating on Apple's stock, which is near flat in Tuesday's session. Shares have added 20% over the past three months as the Dow Jones Industrial Average has risen about 4%.

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.



MarketWatch MarketPulseSep 22, 2020
Entergy sees up to $1.7 billion in costs to repair facilities damage from Hurricane Laura
Entergy Corp. said Tuesday it expects total costs to repair or replace electrical facilities damaged by Hurricane Laura, which made landfall in near Cameron, Louisiana on Aug. 27. The majority of the costs, or about $1.25 billion to $1.4 billion, were incurred by Entergy Louisiana. The company said it expects 2020 utility revenue to be adversely affected, by about $35 million to $40 million, primarily due to power outages resulting from the hurricane. Meanwhile, the company affirmed its 2020 adjusted earnings per share guidance range of $5.45 to $5.75. The stock, which was still inactive in premarket trading, has dropped 20.8% year to date, while the SPDR Utilities Select Sector ETF has lost 10.8% and the S&P 500 has gained 1.6%.

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.



MarketWatchSep 21, 2020
The Margin: 5 things to know about Trump's possible Supreme Court picks — including how Barbara Lagoa could help Trump win Florida
Analysts believe Trump is considering conservative women judges like Lagoa, Amy Coney Barrett and Allison Jones Rushing

FT.com - Financial MarketsSep 21, 2020
Global stocks sink on fears of new Covid lockdowns
Worries over tightening of pandemic restrictions make for gloomy start to the week

CNBC BusinessSep 21, 2020
Nikola founder Trevor Milton forfeits $166 million in stock he would have lost anyway and gets to keep $3.1 billion under separation deal
Nikola founder Trevor Milton really didn't give up much since the restricted shares he forfeited were contingent on his "continued service" at the company.

MarketWatch MarketPulseSep 21, 2020
Financial ETFs tumble most in 3 months after money laundering allegations
Financial ETFs tumble most in 3 months on bank investigation Exchange-traded funds tracking the financial sector sank Monday in the wake of a report that said big banks have assisted criminals in laundering money. The Financial Select Sector SPDR Fund and the Vanguard Financials ETF were both down 3.7% at midday, underperforming the S&P 500 , which fell 2.2%. The Invesco KBW Bank ETF, which has more concentrated exposure to banks than a broader financials tilt, was nearly 6% lower, on track for its worst day since June 26. Among the ETFs that track the 11 sectors of the S&P 500, XLE wasn't the biggest loser on Monday: that was the Energy Selector Sector SPDR Fund , down 4%. Energy is still the worst performing sector in the year to date, having lost nearly half its value, while financials are down 23%.

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.



Dismal.com: IndicatorsAug 19, 2020
United States: FOMC Minutes
The minutes from the July 28-29 meeting of the Federal Open Market Committee show the central bank is moving closer to adjusting its forward guidance, while the minutes suggest support for yield-curve control is still lacking. The minutes noted that refining the statement could be helpful in increasing the transparency and accountability of monetary policy. Such refinements could also facilitate well-informed decision making by households and businesses, and, as a result, better position the Committee to meet its maximum-employment and price-stability objectives. Elsewhere in the minutes, consumer spending was noted as rebounding strongly because of the fiscal stimulus. Since the meeting, the additional unemployment insurance benefits have been cut, dampening the outlook for spending.
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