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States have given out billions in unemployment benefit overpayments during pandemic, watchdog reports

The government overpaid unemployment insurance by billions of dollars during the first year of the coronavirus pandemic, according to a watchdog report released Tuesday......»»

Category: topSource: washpostMar 31st, 2021

How Ten Biggest IPOs of 2020 Are Performing in 2021

Despite the coronavirus pandemic, 2020 was an amazing year for the IPO market. There were 407 IPOs in the U.S., which was twice as much as the previous year. Along with the .....»»

Category: blogSource: valuewalkMar 26th, 2021

Elon Musk and Bill Gates have sparred over everything from the coronavirus to electric cars. Here"s where their simmering feud began and how it"s escalated amid the pandemic.

While the Microsoft billionaire and the Tesla titan have never had a particularly cozy relationship, things have heated up over the past year. Elon Musk and Bill Gates. Susan Walsh/AP; Mike Cohen/Getty Images for The New York.....»»

Category: smallbizSource: nytMar 1st, 2021

Columbus Arts Festival canceled for second year amid Covid-19 pandemic

Once again, the coronavirus pandemic has resulted in the cancellation of the Columbus Arts Festival. Organizers on Thursday announced that the 2021 Columbus Arts Festival, originally scheduled for early June, has been canceled. "As much as we .....»»

Category: topSource: bizjournalsFeb 11th, 2021

Column: We"re living in a golden age of scams as fraud reports surge amid pandemic

Consumers lost more than $3.3 billion to fraud last year, up a whopping 83% from the year before, according to the FTC. Consumers lost more than $3.3 billion to fraud last year, up a whopping 83% from the year before, according to the FTC......»»

Category: topSource: latimesFeb 9th, 2021

Procter & Gamble sales surge fuels jump in profit

Cincinnati-based consumer goods giant Procter & Gamble saw a surge in sales amid the continuing coronavirus pandemic, which led to nearly $4 billion in profit in its most recent quarter. Consumer spending fueled by Covid-19 saw P&G (NYSE: PG) re.....»»

Category: topSource: bizjournalsJan 20th, 2021

COVID-19 restrictions force gyms to get creative during New Year’s resolution season

New Year’s resolutions to get healthy usually brings crowds to workout classes. This year, amid the coronavirus pandemic, both gyms and fitness enthusiasts are having to get creative. Consumers .....»»

Category: topSource: chicagotribuneJan 14th, 2021

Coronavirus: Homeowners in mortgage forbearance rise, but pace slows

CNBC's Diana Olick reports the latest information on the number of mortgage loans in forbearance amid the coronavirus pandemic......»»

Category: realestateSource: cnbcMay 15th, 2020

U.S. reports record $738 billion budget deficit in April

The United States on Tuesday reported a record $738 billion budget deficit in April as an explosion in government spending and a shrinking of revenues amid the novel coronavirus pandemic pushed it deeply into the red......»»

Category: topSource: reutersMay 12th, 2020

Honda declines to give outlook as profit slides amid coronavirus pandemic

Honda Motor Co on Tuesday posted its lowest operating profit in four years and refrained from releasing an earnings outlook for the current business year as the coronavirus pandemic hits global car demand......»»

Category: topSource: reutersMay 12th, 2020

Wall Street gets PayPal boost as Nasdaq erases 2020 declines

Wall Street's indexes jumped on Thursday, with the Nasdaq turning positive for the year, following a clutch of upbeat earnings reports led by PayPal as investors looked past more weak jobs data caused by the coronavirus-induced economic downturn......»»

Category: topSource: reutersMay 7th, 2020

Market Snapshot: Dow up nearly 400 points despite more job losses as investors anticipate economies reopening

U.S. benchmark stock indexes opened higher Thursday, with the technology-laden Nasdaq Composite index recovering all its year-to-date losses suffered when the coronavirus pandemic crushed the 11-year old bull market in March......»»

Category: topSource: marketwatchMay 7th, 2020

Market Snapshot: Dow up about 200 points despite more job losses as investors anticipate economies reopening

U.S. benchmark stock indexes opened higher Thursday, with the technology-laden Nasdaq Composite index recovering all its year-to-date losses suffered when the coronavirus pandemic crushed the 11-year old bull market in March......»»

Category: topSource: marketwatchMay 7th, 2020

Market Snapshot: Dow opens nearly 300 points higher despite more job losses as investors anticipate economies reopening

U.S. benchmark stock indexes opened higher Thursday, with the technology-laden Nasdaq Composite index recovering all its year-to-date losses suffered when the coronavirus pandemic crushed the 11-year old bull market in March......»»

Category: topSource: marketwatchMay 7th, 2020

Moderna"s Coronavirus Vaccine Development In The Spotlight When Biotech Reports Q1 Results

Moderna Inc (NASDAQ: MRNA) is a coronavirus vaccine play that has seen its shares rally close to 160% year-to-date. read more.....»»

Category: blogSource: benzingaMay 6th, 2020

BMW cuts outlook, sees coronavirus pain lasting all year

BMW expects the coronavirus pandemic to hit demand and earnings throughout this year, while Volkswagen sees some green shoots with higher Chinese demand. Francis Maguire reports......»»

Category: videoSource: reutersMay 6th, 2020

Disney, WarnerMedia to forgo upfronts amid coronavirus pandemic, THR reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 6th, 2020

Hyundai Motor sales down 57% amid coronavirus pandemic

South Korea's Hyundai Motor said on Wednesday its provisional April sales fell 57% on year to 159,079 vehicles globally, as the coronavirus pandemic and efforts to curb its spread sharply contracted auto demand and dealership traffic......»»

Category: topSource: reutersMay 6th, 2020

U.S., UK launch post-Brexit video trade talks amid coronavirus recession

The United States and Britain launch trade negotiations by videoconference on Tuesday following the UK's exit from the European Union, as both allies struggle with the effects of the coronavirus pandemic. Ciara Lee reports.....»»

Category: videoSource: reutersMay 5th, 2020

Avis Budget Group Reports Mixed Q1 Earnings As Pandemic Hits Car Rental Business

Avis Budget Group Inc. (NASDAQ: CAR) on Monday reported total revenue of $1.8 billion in its first quarter, down 9% from the same quarter a year ago. read more.....»»

Category: blogSource: benzingaMay 5th, 2020