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Las Vegas casino recovery threatened by new California coronavirus lockdowns

A reintroduction of COVID-19 lockdowns in California and other states adjacent to Nevada poses an emerging risk to Las Vegas casinos already battered by the pandemic and efforts to contain it......»»

Category: topSource: foxnewsNov 21st, 2020

Las Vegas Sands predicts speedy recovery in Asia on pent-up gambling demand

Las Vegas Sands Corp on Wednesday posted a first-quarter loss as the coronavirus kept consumers at bay, but the casino operator struck an optimistic note as pent-up demand for gambling pointed to a speedy recovery in Asia......»»

Category: topSource: reutersApr 22nd, 2020

Wynn Resorts Analyst: Macau Concerns Overblown, Biden Positive For Casino Stock

The coronavirus recovery in China is a plus for a casino stock that's trading at the same levels it did in April, according to a Morgan Stanley analyst.  Latest.....»»

Category: blogSource: benzingaNov 2nd, 2020

Boyd Gaming may permanently lay off hundreds of employees at two Vegas properties

Nearly 300 employees at California Hotel and Casino, and Main Street Station are facing layoffs amid Covid-19......»»

Category: topSource: bizjournalsOct 9th, 2020

Pandemic e-commerce surge spurs race for "Tesla-like" electric delivery vans

Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks to coronavirus lockdowns has major firms itching to switch to electric right now......»»

Category: topSource: foxnewsSep 9th, 2020

Longest-running Las Vegas casino caught in coronavirus coin crunch

El Cortez, founded in 1941, is the longest-running casino in Las Vegas. It has 730 slot machines, 113 of which take coins......»»

Category: topSource: foxnewsAug 22nd, 2020

Analyst: Regional Casino Stocks "Uniquely Positioned To Enjoy The Most Upside"

Las Vegas is struggling to recover from the coronavirus shutdown, but Bank of America analyst Shaun Kelley said Thursday regional U.S. casino operators have a golden opportunity to take advantage of the crisis climate. Latest Ratings .....»»

Category: blogSource: benzingaAug 13th, 2020

These indicators show why investors shrugged off corona fears to embrace economic recovery

Investors are becoming more confident about the continuing economic recovery, ignoring fears that new spikes of the coronavirus pandemic throughout the continent might prompt a return to partial or total lockdowns......»»

Category: topSource: marketwatchAug 10th, 2020

Starbucks jumps 6% after showing signs its recovery from coronavirus lockdowns is picking up (SBUX)

REUTERS/Brian Snyder Starbucks reported quarterly earnings Tuesday that missed Wall Street's expectations for earnings per share.   CEO Kevin Johnson said on a call.....»»

Category: topSource: businessinsiderJul 29th, 2020

State bill would establish California public bank for coronavirus relief

Under the terms of new state legislation announced Thursday, a California public bank would be established to help with a more equitable economic recovery from the Covid-19 crisis. Assembly Bill 310, authored by Assembly Members Miguel San.....»»

Category: topSource: bizjournalsJul 13th, 2020

The Wall Street Journal: OPEC and allies set to ease oil output cuts, anticipating demand recovery

An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following coronavirus-related lockdowns......»»

Category: topSource: marketwatchJul 11th, 2020

Forecast: California"s economic recovery will take 3 years

The coronavirus crisis has "morphed into a Depression-like crisis" that the forecast doesn't expect the national economy to recover from for three years......»»

Category: topSource: bizjournalsJun 24th, 2020

Dow slips 650 points as spiking virus cases revive economic-recovery worries

Bryan R Smith US equities slid on Wednesday as rising coronavirus case counts around the world fueled fresh fears of a slow economic recovery. COVID-19 cases have increased in California, Texas, and Flori.....»»

Category: topSource: businessinsiderJun 24th, 2020

California"s economic recovery will be like a slow "Nike swoosh"

California is unlikely to recover its pre-coronavirus prosperity over the next three years, economists say. California is unlikely to recover its pre-coronavirus prosperity over the next three years, economists say......»»

Category: topSource: latimesJun 24th, 2020

Market Extra: Stock-market’s rally threatened by shroud of uncertainty as fresh coronavirus threats to economic recovery emerge

The stock-market’s ability to chug steadily higher despite uncertainty about how the economic recovery might shape up, and when the U.S. will bring the COVID-19 pandemic under control in all 50 states, is making some investors nervous......»»

Category: topSource: marketwatchJun 21st, 2020

Market Extra: Wall Street’s rally threatened by shroud of uncertainty as fresh coronavirus threats to economic recovery emerge

The stock-market’s ability to chug steadily higher despite uncertainty about how the economic recovery might shape up, and when the U.S. will bring the COVID-19 pandemic under control in all 50 states, is making some investors nervous......»»

Category: topSource: marketwatchJun 20th, 2020

These 5 charts signal that a US economic recovery is underway in key industries decimated by the coronavirus pandemic

Jason Kempin/Getty Images Sweeping lockdowns to curb the spread of coronavirus shocked the US in mid-March and quickly pushed the economy into a rec.....»»

Category: personnelSource: nytJun 19th, 2020

S&P 500, Dow dip on rising virus cases, elevated jobless claims

The S&P 500 and Dow retreated on Thursday as an uptick in coronavirus infections in parts of the United States threatened to upend bets of a swift economic recovery, with data showing weekly jobless claims remained elevated......»»

Category: topSource: reutersJun 18th, 2020

Oil prices fall as coronavirus case surge heightens demand fears

Oil prices slipped on Thursday on concerns that a spike in new coronavirus cases in China and the United States could dampen a recovery in fuel demand, even as lockdowns ease......»»

Category: topSource: reutersJun 18th, 2020

Oil prices fall as surge in coronavirus cases raises demand concerns

Oil prices fell around 1% on Thursday as a spike in new coronavirus cases in China and the United States renewed fears that a recovery in fuel demand could stall, even as lockdowns ease......»»

Category: topSource: reutersJun 18th, 2020

Oil prices fall on demand concerns as coronavirus cases rise

Oil prices fell around 2% on Thursday as a spike in new coronavirus cases in China and the United States renewed fears that people would stay home, stalling a recovery in fuel demand even as lockdowns ease......»»

Category: topSource: reutersJun 18th, 2020