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Maersk: Shippers Will Only Pay For IMO 2020 "Cost Recovery"

Maersk Line will only charge for the "extra cost of compliance" as the carrier introduces new IMO 2020 low-sulfur fuels in the coming months. read more.....»»

Category: blogSource: benzingaOct 9th, 2019

Why Costco Is A Long-Term Hold, But Faces Tough Comparable Sales

Costco Wholesale Corporation (NASDAQ: COST) could face tough comparable sales over the next few quarters from the COVID-19 pandemic peak of grocery and retail sales in 2020. An analyst remains bullish on Costco despit.....»»

Category: earningsSource: benzingaMar 7th, 2021

Why Costco Is A Long-Term Hold, But Faces Tough Comparable Sales

Costco Wholesale Corporation (NASDAQ: COST) could face tough comparable sales over the next few quarters from the COVID-19 pandemic peak of grocery and retail sales in 2020. An analyst remains bullish on Costco despite the poten.....»»

Category: blogSource: benzingaMar 5th, 2021

TaxWatch: How to claim stimulus money on your 2020 taxes. ‘It’s really the only vehicle that you have right now’

36% of taxpayers said the Recovery Rebate Credit was the 'most confusing' part of taxes this year......»»

Category: topSource: marketwatchMar 4th, 2021

The Tokyo 2020 Olympics may cost more than $26 billion - and the estimate keeps rising

The 2020 Olympics in Tokyo are the most expensive summer games ever, and last year's postponement added nearly $3 billion to the total. The cost to put on the .....»»

Category: worldSource: nytFeb 27th, 2021

The New York Post: Warren Buffett admits ‘mistake’ cost Berkshire Hathaway $11 billion

Berkshire Hathaway earned $42.5 billion in 2020, but on Saturday, CEO Warren Buffett admitted the conglomerate’s results for the year included a rare “mistake” — that cost the company $11 billion......»»

Category: topSource: marketwatchFeb 27th, 2021

Global Economy To Rebound In 2021 With APAC To Lead Recovery

Global economy to rebound in 2021 with APAC to lead recovery, says GlobalData Q4 2020 hedge fund letters, conferences and more APAC Set To Become The Fastest Growing Region T.....»»

Category: blogSource: valuewalkFeb 27th, 2021

Robinhood in talks with regulators over March 2020 outages and options trading

Robinhood, the investing app at the center of the GameStop stock trading frenzy, reported it is negotiating over penalties it said could cost it at least $26.6 million......»»

Category: topSource: washpostFeb 26th, 2021

4 Airbnb Stock Analysts On Q4 Results, 2021 Outlook: "The Best Way To Play A Travel Recovery"

Despite recording year-over-year declines in fourth-quarter and full-year 2020 revenue, Airbnb Inc (NASDAQ: ABNB) is holding the confidence of analysts covering the .....»»

Category: blogSource: benzingaFeb 26th, 2021

Macy’s closes out a terrible 2020, sees 2021 as ‘a recovery and rebuilding year’

Sales at Macy's stores opened at least a year fell 17%, but online sales rose 21%. Elevated online sales may be here to stay. Macy’s said Tuesday that it expects digital sales to reach $10 bil.....»»

Category: topSource: chicagotribuneFeb 23rd, 2021

Airbus reports $1.3 billion loss for 2020

Airbus CEO says full market recovery could be as late as 2025......»»

Category: topSource: bizjournalsFeb 18th, 2021

Why This Howmet Aerospace Analyst Is Bullish On An Aircraft Recovery

Although Howmet Aerospace Inc (NYSE: HWM) continues to be impacted by the “pandemic-induced demand shock to commercial aerospace,” global aircraft builds are likely to bottom in 2020-2021, according to KeyBanc Capital Markets. Lat.....»»

Category: blogSource: benzingaFeb 17th, 2021

DSA expects full economic recovery will take at least 2 years

In 2020, Seattle's reputation was bruised by months of demonstrations and a homeless crisis that seems to have gotten even worse amid the pandemic. Collaboration is the key to overcoming the challenges, civic and business leaders say......»»

Category: topSource: bizjournalsFeb 16th, 2021

: GE has nearly halved its U.S. workforce in 3 years, with more job cuts likely

General Electric Co. stock is certainly in recovery mode, as it has more than doubled off its 2020 lows, but part of those gains have come at the expense of the industrial conglomerate's workforce......»»

Category: topSource: marketwatchFeb 13th, 2021

Uber beats Q4 2020 earnings expectations but misses on $3.17 billion in revenue amid slow pandemic recovery

Uber Eats outperformed Uber.....»»

Category: smallbizSource: nytFeb 10th, 2021

America is failing at the best way to tackle climate change while boosting the economy: energy efficiency.

Energy efficiency is too often overlooked as a climate change solution, yet it is a proven and cost-effective climate strategy. Solar panels used to generate renewable energy at the Sustainability Pavilion at the Dubai Expo 2020. Karim.....»»

Category: topSource: businessinsiderFeb 6th, 2021

Sanofi Swings To Forth Quarter Profit Despite Lower Sales; Expands Cost-Savings Push By €500M

Sanofi SA (NASDAQ: SNY) posted a profit for the fourth quarter of 2020 .....»»

Category: earningsSource: benzingaFeb 5th, 2021

The final quarter of 2020 found banks more optimistic, but credit uncertainty remains

The number of borrowers utilizing deferrals was down at the end of the year and banks are stashing away less cash to cover bad loans, but a strong economic recovery is still far from guaranteed......»»

Category: topSource: bizjournalsFeb 4th, 2021

The eurozone economy shrank by less than expected in the final quarter of 2020 - but analysts say the slow rollout of vaccines will limit the recovery

The eurozone economy shrank 0.7% in the final three months of the year. But the slow rollout of coronavirus vaccines is worrying economists. Germany's e.....»»

Category: worldSource: nytFeb 2nd, 2021

Capitol Report: Economy set to bounce back strongly in 2021, says Congressional Budget Office

The U.S. economy is set in 2021 to accelerate its recovery from the coronavirus-induced contraction of 2020, even without any further economic stimulus from Washington, the nonpartisan Congressional Budget Office said Monday......»»

Category: topSource: marketwatchFeb 1st, 2021

A sign of recovery? Condo sales volume ticks up in last leg of 2020

Increased sales volumes in the fourth quarter of 2020 are a reflection of increased opportunity for homebuyers as condo values continue to fall, experts say......»»

Category: topSource: bizjournalsJan 29th, 2021