Wednesday, April 4: China adds additional tariffs to US products, Viacom rejects CBS bid, WPP CEO Martin Sorrell under investigation for alleged misconduct
Wednesday, April 4: China adds additional tariffs to US products, Viacom rejects CBS bid, WPP CEO Martin Sorrell under investigation for alleged misconduct
China’s growing global clout poses “enormous implications” for the entire world, according to billionaire investor Ray Dalio.
The Global Dental Implants Market will grow by $ 1.40 bn during 2020-2024
Pacific Gas and Electric Company (PG&E) restored power Tuesday morning to more than 228,000 of the approximately 345,000 customers impacted by the Public Safety Power Shutoff (PSPS) that started Sunday morning on Oct. 25.
Playboy Enterprises, Inc. has filed a lawsuit in the U.S. District Court for the Central District of California against Fashion Nova, Inc. for infringing Playboy’s world-famous Playboy BUNNY COSTUME design (the "BUNNY COSTUME®").
(Bloomberg) -- Zeta has moved into the Gulf of Mexico after crossing the Yucatan Peninsula and is on course for an anticipated Louisiana landfall on Wednesday that could rack up $1 billion in damage.Tropical Storm Zeta’s winds have held steady at 65 miles (105 kilometers) per hour through much of Tuesday. It may build to at least 80 mph in the next 24 hours, the U.S. National Hurricane Center said in its forecast, which would make it a Category 1 storm capable of ripping shingles off roofs, tearing branches off trees and downing power lines.“A life-threatening storm surge is expected along portions of the northern Gulf Coast by late Wednesday,” said Richard Pasch, a hurricane center meteorologist. “Between tonight and Thursday, heavy rainfall is expected from portions of the central U.S. Gulf Coast into the Ohio Valley and Mid-Atlantic States.”Hurricane warnings extend from Morgan City, Louisiana, to the Mississippi-Alabama border, including New Orleans, which was devastated by a much stronger Katrina in 2005.After it makes U.S. landfall, Zeta is forecast to continue north, where it may join a winter storm over the Great Plains and dump flooding rains across the eastern U.S. through the rest of the week.Zeta is the 27th named storm in a supercharged Atlantic hurricane season, just one short of the record reached in 2005, when Hurricane Katrina devastated New Orleans. So many storms have formed this year that the hurricane center has run out of official names and is using Greek letters to designate systems.Chevron Corp., BP Plc, Enbridge Inc., Equinor ASA and other companies are evacuating workers from Gulf installations. Noble Corp. moved its Globetrotter II rig out of the way. More than 49% of oil production and 55% of offshore natural gas has been shut in, according to the Bureau of Safety and Environmental Enforcement.Close to 24% of platforms have been evacuated and 30% of rigs, the agency said. Chevron began preparations to shut a coastal Mississippi oil refinery, according to a person familiar with the operations, and a key seaport that serves deepwater oil installations was under a mandatory evacuation order. Landfall will be likely be south of Morgan City late Wednesday, said Mike Doll, a meteorologist with AccuWeather, Inc. Winds and heavy rain probably will spread as far east as New Orleans, delivering a storm surge in Lake Pontchartrain of about 12 inches (30 centimeters).Models suggest Zeta will cause about $650 million in damage and losses, but the actual impacts could reach $1 billion, said Chuck Watson, a damage modeler at Enki Research. There is still a lot of debris and wreckage from previous storms on the ground in Louisiana and that could cause problems.A storm surge, which happens when a system pushes the ocean higher as it comes ashore, may wash over coastal areas from Louisiana to the Florida Panhandle. Vast stretches of the eastern U.S. will be hit with heavy rain, and the U.S. Weather Prediction Center warned that as much as 5 to 7 inches may fall over the next five days.As Zeta comes ashore and moves across Mississippi, Alabama, and northern Georgia, it will interact with a winter storm that’s brought snow to Texas and is now moving east, Doll said. The two storms will dump heavy rain from Oklahoma to New York City, and by then it won’t matter which one is responsible for wringing water out of the sky.“Rain drops don’t have names on them,” Doll said.The sweep of wild weather could even bring some snow showers to Boston and some accumlation to New Hampshire.The U.S. has been particularly hard hit this year, with Hurricanes Isaias, Laura, Hanna, Sally and Delta all hammering the coastline and causing billions of dollars in damage. A handful of tropical storms have struck the U.S. as well. Zeta would be the record 11th storm to come ashore in the contiguous U.S. this year, and if it makes landfall in Louisiana, it will be the fifth time the state has been hit this season.A typical Atlantic hurricane season only spins up 12 storms. The six-month season theoretically ends on Nov. 30, but a number of storms formed before its official start date of June 1 this year, and some meteorologists think they could keep coming into December.Environmental indications point to the potential for a few more storms to develop in the Atlantic during November, which would push 2020 over the 2005 record, said Jim Rouiller, lead meteorologist at the Energy Weather Group.“It is not over,” Rouiller said. “Zeta is not going to be the end.”(Updates damage estimate starting in first paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Shares of Enphase Energy (NASDAQ: ENPH) plunged as much as 6.1% in trading Tuesday as an analyst changed his price target on the stock. The analyst move today came after B. Riley Securities analyst Christopher Souther raised his price target on the stock to $95 from $71 and kept a neutral rating on the stock.
AMCON Distributing Company ("AMCON") (NYSE American: DIT), an Omaha, Nebraska-based consumer products company is pleased to announce that Charles J. "Chuck" Schmaderer has been named as Chief Financial Officer of AMCON, in addition to the positions he presently holds as Vice President and Secretary of AMCON. Andrew C. Plummer, who has served as AMCON's Chief Financial Officer since January 2007, will continue to serve as AMCON's President and Chief Operating Officer, as well as being a member of AMCON's Board of Directors.
Nonprofits collaborate to help students launch their futures.Fairfax, VA, Oct. 27, 2020 (GLOBE NEWSWIRE) -- AFCEA International and Blacks on Wall Street Inc. (BoWS) have joined forces to offer resources to students in underserved communities. The partnership will bring expertise from professional leaders to young adults through activities such as mentorship programs and virtual events. It will provide more than 15,000 students with new learning, growth and career preparation opportunities.The organizations are solidifying their relationship this week with an inaugural online event that will focus on minorities in medicine. “Health Advocacy: Blacks in STEM” will be a roundtable panel discussion. Dennis Creary, chief executive officer of BoWS, will serve as the panel moderator, and Alvie Johnson, senior vice president, DSA Inc., and regional vice president of AFCEA, will be the host and a panel member. Other panelists include Dr. Randall Maxey, nephrologist; Dr. Rear Adm. James A. Johnson Jr., USN (Ret.), surgeon; Charisse Stokes, president of Tidal Solutions and regional vice president of AFCEA; and Vice Adm. David L. Brewer III, USN (Ret).These subject matter experts will share their experiences as Black young men and women entering and advancing in their STEM careers. They also will discuss the impact of the coronavirus pandemic on Black and underserved communities from their perspective. High school and university students will be attending the event and will have the opportunity ask the panelists questions after the presentations.BoWS has been working with the Black community in and around New York City since 2014. In addition to offering its education programs in financial literacy, STEM and career preparation, it matches existing professional leaders with emerging leaders to mentor and empower youth. AFCEA International was established in 1946 to maintain and sustain the relationship between the military and private industry built during World War II. The association connects people, ideas, and solutions globally. AFCEA is a professional association for those engaged in defense, security, and all related technology disciplines. Membership comprises military, government, industry, and academic organizations and individuals worldwide. Offerings include thought leadership, networking, career advancement, media access, and professional development opportunities. AFCEA takes pride in upholding the highest ethical standards in support of those who respond, protect, secure, and serve as well as their industry and academic partners. In doing so, AFCEA helps its members align technology and strategy to meet the global defense and security needs. Learn more at www.afcea.org.Blacks on Wall Street, Inc. (BoWS) is a non-profit organization whose mission is to close the professional opportunity gap by providing underrepresented youth the resources to achieve promising careers. BoWS seeks to position experienced leaders alongside emerging leaders to engage, empower, mentor, recognize and reward diverse youth toward advancement opportunities. Learn more at www.blacksonwallstreet.org. CONTACT: Maryann Lawlor AFCEA International (703) 631-6179 firstname.lastname@example.org
She also expressed gratitude for everyone who's reached out to her over the past month.
(Bloomberg) -- Two Southern California wildfires that have forced nearly 100,000 people to evacuate are threatening to rip through nearby neighborhoods as hurricane-force winds drive the flames over hillsides.The blazes, in Orange County, are much smaller than some of the sprawling conflagrations that blackened huge swaths of Northern California over the past few months. But instead of burning remote forests, they’re raging beside densely populated subdivisions, threatening tens of the thousands of people and million-dollar homes.Wind gusts and bone-dry conditions have made for some of the most threatening weather California has seen since the Camp Fire erupted in 2018, killing 85 people. They’re also the latest blow for a state that’s been battered by a succession of heat waves, power outages and wildfires that have burned a record 4.1 million acres this year.“We have seen some really extraordinary wind events in the last 48 hours,” Governor Gavin Newsom said, noting that gusts have reached 88 miles per hour in Orange County.The Silverado Fire, burning on the hills above Irvine, grew to more than 12,000 acres and is just 5% contained. The nearby Blue Ridge Fire is now 15,000 acres and burning uncontrolled, according to fire officials.“We’re dealing with extreme wind and erratic fire behavior,” Orange County Fire Authority Captain Greg Barta said during a media briefing Monday night.The winds will ebb Wednesday, with the highest risk across parts of Southern California in the mountains north and east of Los Angeles, where conditions will remain elevated. Earlier forecasts had called for a much wider area to face more dangerous critical conditions, but the U.S. Storm Prediction Center has revised its outlook because the pressure gradient between the Great Basin area and California has decreased.The Silverado Fire has prompted more than 90,000 people to flee. More than 750 firefighters are battling the blaze. More than 1,000 fire fighters are battling the Blue Ridge Fire near Yorba Linda, which has spurred more than 8,500 evacuations.Mandatory evacuation areas in the Silverado Fire include new subdivisions such as Reserve at Orchard Hills and Portola Springs Village, where model homes developed for the Irvine Co. start at $1 million. The average list price of existing homes in Yorba Linda, near the Blue Ridge Fire, is $1.4 million, according Steven Thomas, a local housing economist.Edison International, which owns the electric utility that serves Irvine, filed a report Monday with state regulators saying it appeared a wire attached to a telecommunications line may have come in contact with one of its power lines, possibly starting the Silverado Fire. The cause remains under investigation, and the company is cooperating with authorities, a spokesman said.The blazes came even after Edison, PG&E Corp. and other utilities cut power in some areas to prevent live wires from falling into dry brush during the wind storms. PG&E, the state’s largest utility, imposed the most widespread outages, cutting power to about 355,000 homes and businesses.Edison turned off electricity to about 20,500 homes and businesses in Southern California, and said another 19,000 customers could loser power as well on Tuesday. High wind warnings are in effect for Southern California through Tuesday night.Climate change -- especially the impact on California -- has become one of the focal points of the upcoming election. Earlier this month, President Donald Trump granted the state’s request to declare a major disaster in seven counties hit by this year’s historic fire season, shortly after rejecting it. He has repeatedly blamed poor forest management for the fires.California received federal assistance to help cover the cost of battling the Blue Ridge and Silverado fires, Newsom announced Monday.PG&E began resorting to preventative shutoffs after its equipment caused some of California’s worst blazes, forcing the company into bankruptcy last year. PG&E emerged from Chapter 11 in July after paying $25.5 billion to resolve fire claims.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
No tricks, just treats.
UnitedLex, the leading technology and legal services company, has engaged and activated a diverse cross-section of employees from across its organization to launch a Social Justice and Equality Council. The Council’s membership is comprised of over 180 employees—across 15 global regions—possessing a myriad of backgrounds and skill sets.
Nicaragua’s unicameral legislature approved legislation on Tuesday mandating prison sentences for those who use online platforms to spread false information or information that could raise alarm among people. The bill had been pushed by President Daniel Ortega’s ruling Sandinista Front party and had raised alarm among opposition and human rights groups, who described it as a threat to free speech. Azucena Castillo, a legislator from the conservative Liberal Constitutionalist Party called the law “an attack on freedom of expression."
The fireworks and street celebrations are over in Chile, and now many months of hard work and uncertainty loom for a population impatient for change. One of Latin America’s most affluent nations, and also one haunted by social and economic inequality, plans to draft a new constitution to replace the charter introduced during military rule decades ago. The project’s launch comes during a global pandemic that sapped Chile’s economy and follows protests and deadly clashes with security forces since last year.
In conjunction with Helmerich & Payne, Inc.’s (NYSE: HP) fiscal fourth quarter 2020 earnings release, you are invited to listen to its conference call on Friday, November 20, 2020, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Director of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
Two sisters accused of stabbing a West Side Chicago store security guard 27 times with a knife after he asked them to wear face masks and use hand sanitizer were ordered held without bond Tuesday. The alleged attack late Sunday by Jessica Hill, 21, and Jayla Hill, 18, left the 32-year-old victim hospitalized in critical condition, police spokeswoman Karie James said. Jessica Hill allegedly pulled a knife from her back pocket and began stabbing the man, while Jayla Hill held him in place by his hair.
Unless you borrow money to invest, the potential losses are limited. On the other hand, if you find a high quality...
Mike Rose, like everybody else in college football, had no idea last spring if there would be a season. Iowa State's junior linebacker wanted to be ready just in case, so day in and day out for three months he went to his high school in the Cleveland suburb of Brecksville, Ohio, to do workouts prescribed by the Cyclones' new strength staff. “I looked at it as an opportunity to get better when some people would get a little complacent being at home," Rose said.
Then someone yelled, "And handsome!" "I agree," said Melania. The first lady and Kellyanne Conway held a campaign rally for President Donald Trump in Atglen, Pennsylvania. Melania also spoke on the merits of President Trump using social media to communicate, saying: "I do not always agree what - the way he says things. But it is important to him that he speaks directly to the people he serves."
Liberty Oilfield Services Inc. (NYSE: LBRT; "Liberty" or the "Company") announced today third quarter 2020 financial and operational results.