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Asian companies pose lower dividend risk due to stronger finances

1 hour ago   |   Reuters

Asian firms appear better equipped to pay stable dividends compared with their western counterparts that are constrained by highly levered balance-sheets and a need to preserve...
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Fed says it will provide financing against new 'payroll protection' loans

12 hours ago   |   Reuters   |   2 articles

The Federal Reserve on Monday moved to bolster a new small-business lending program by allowing banks to turn those loans over to the Fed for cash, easing concerns among banks...
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'Beyond a catch-up': Real estate mogul Barbara Corcoran lays out the 'best case scenario' for the US housing market after the pandemic

'Beyond a catch-up': Real estate mogul Barbara Corcoran lays out the 'best case scenario' for the US housing market after the pandemic

13 hours ago   |   Business Insider

The high-end housing market is already feeling the effects of the coronavirus pandemic. New York City, one of the most expensive housing markets in the world, saw just two...
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Coronavirus mortgage bailout: 'There is going to be complete chaos,' says industry CEO

16 hours ago   |   CNBC

A broad coalition of mortgage and finance industry leaders sent a plea to federal regulators, asking for desperately needed cash to keep the mortgage system running.
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A productivity startup just raised $50 million at a $2 billion valuation during the market meltdown. Here's how a VC won over the notoriously shy startup after a years-long chase

A productivity startup just raised $50 million at a $2 billion valuation during the market meltdown. Here's how a VC won over the notoriously shy startup after a years-long chase

16 hours ago   |   Business Insider

Notion, a productivity startup aiming to unseat Google Drive and Microsoft Office, announced a $50 million funding round on Wednesday that valued it at $2 billion at a time...
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Gross Domestic Product by Industry, 4th Quarter and Year 2019

17 hours ago   |   U.S. Bureau of Economic Analysis

Retail trade, finance and insurance, and utilities were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2019, according to gross...
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How Could The Golden State Warriors' Finances Be Impacted If The NBA Season Is Canceled?

19 hours ago   |   Forbes

The Warriors are in line for a double-whammy of tens of millions of lost income, and skyrocketing luxury tax bills.
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Japan launches $1 trillion coronavirus stimulus package as Prime Minister Abe announces state of emergency

20 hours ago   |   Fortune   |   2 articles

Prime Minister Shinzo Abe announced a 108 trillion yen stimulus package, Japan's largest ever , to rescue the coronavirus-hit economy with Tokyo and six other economic hubs set...
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Rolls-Royce scraps targets, dividend on pandemic hit

1 day ago   |   Reuters   |   2 articles

British aero-engine maker Rolls-Royce said it was scrapping its targets and had decided against paying its last dividend, taking steps to shore up its finances as airlines...
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Saudi stocks open higher as deal to save oil market looms

Saudi stocks open higher as deal to save oil market looms

1 day ago   |   RT

The main stock index of Saudi bourse rose nearly two percent despite a delay in talks between the Organization of the Petroleum Exporting Countries and major oil producers. The...
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Australia's High Court overturns sexual abuse convictions for George Pell, a...

Australia's High Court overturns sexual abuse convictions for George Pell, a former advisor to Pope Francis and Australia's most senior Catholic cleric

Australia's High Court has overturned Cardinal George Pell's historic conviction for sexual abuse. The 78-year-old previously served as archbishop of Melbourne and was also one... Read more ...

Trump's economic advisor warned of 'millions of lives lost and trillions in...

Trump's economic advisor warned of 'millions of lives lost and trillions in economic loss' from the coronavirus in two memos in January and February

The Trump administration received at least two memos - the first in January the second in February - from economic advisor Peter Navarro on both the human and economic costs of... Read more ...

Airline Flights Into And Out Of New York City Cut Drastically Because Of...

Airline Flights Into And Out Of New York City Cut Drastically Because Of Coronavirus

A spokesperson said American Airline's busiest flight out of LaGuardia Sunday only had 27 passengers and nine flights from JFK and LaGuardia had one passenger on each. (Image... Read more ...

Trump says he will 'get involved' in the firing of Navy aircraft carrier...

Trump says he will 'get involved' in the firing of Navy aircraft carrier captain because he doesn't 'want to destroy someone for having a bad day'

President Donald Trump suggested Monday that he will be getting involved in the firing of Capt. Brett Crozier, the former commanding officer of the US Navy aircraft carrier USS... Read more ...

'You will never make it': Trump mocks a reporter after he asked about an...

'You will never make it': Trump mocks a reporter after he asked about an inspector general report on hospital shortages

President Donald Trump got into a brief verbal spat with ABC News' chief Washington correspondent Jonathan Karl during a press conference on Monday. Karl, who recently... Read more ...

Boris Johnson is in intensive care after his COVID-19 symptoms worsened...

Boris Johnson is in intensive care after his COVID-19 symptoms worsened. Here's what research shows so far about outcomes in the most severe coronavirus cases

UK Prime Minister Boris Johnson was moved to an intensive care unit after his coronavirus symptoms worsened on Monday. Johnson's spokesman said he was admitted to the hospital... Read more ...

'He kind of called us p--ies': Hear the US Navy's top official call a...

'He kind of called us p--ies': Hear the US Navy's top official call a carrier captain 'stupid' to boos from sailors facing a coronavirus outbreak

The acting Navy secretary's impassioned 15-minute speech to the sailors aboard the USS Theodore Roosevelt was met with dismay and anger. In an audio recording obtained by... Read more ...

The Fed will start buying debt backed by emergency small-business loans...

The Fed will start buying debt backed by emergency small-business loans - giving banks more leeway to offer critical aid

The Federal Reserve announced Monday it will begin buying debt backed by the Small Business Administration's Payroll Protection Program. The facility will create a new market... Read more ...

Market tumult threatens PG&E deal with wildfire victims

Market tumult threatens PG&E deal with wildfire victims

Lawyers who negotiated a crucial $13.5 billion deal for the victims of deadly wildfires caused by Pacific Gas & Electric equipment are expressing serious doubts about whether... Read more ...

Airbnb raises $1 billion from investors as the company takes a big hit from...

Airbnb raises $1 billion from investors as the company takes a big hit from the coronavirus crisis

Airbnb has raised $1 billion in debt and equity from Silver Lake and Sixth Street Partners, the company announced Monday. Airbnb did not disclose the terms of the deal, but a... Read more ...