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The Latest: White House expert urges using masks in public
The Latest: White House expert urges using masks in public
| July 12th | 2020  10:40AM
The Latest: White House expert urges using masks in public
WASHINGTON — A member of the White House coronavirus task force said Sunday that despite a surge in cases across the country, the situation “is not out of control.’’ Brett Giroir said it’s going to take “a lot of effort and everybody’s going to have to do their part’’ to combat the pandemic. And the assistant secretary…
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The Latest: Kosovo reimposes limits on prayer gatherings
The Latest: Kosovo reimposes limits on prayer gatherings
| July 12th | 2020  10:21AM
The Latest: Kosovo reimposes limits on prayer gatherings
PRISTINA, Kosovo — Muslim authorities in Kosovo on Sunday reimposed some limits on prayers at mosques due to rising numbers of infections from the new coronavirus. A statement by the Islamic community of Kosovo, the highest local governing body of the faith, said mass gatherings would be suspended, with no more than 50 people at a time…
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The Latest: Cases of COVID-19 surging in South Africa
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| July 12th | 2020  8:51AM
The Latest: Cases of COVID-19 surging in South Africa
JOHANNESBURG -- With surging confirmed cases of COVID-19, South Africa is now ranked as the ninth most affected country by the disease, according to Johns Hopkins University. South Africa has 264,184 cases, including 3,971 deaths, accounting for more than 40% of all the reported cases in Africa. More than 30% of South Africa’s cases are…
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The Latest: Hungary reimposing restrictions on some arrivals
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| July 12th | 2020  6:32AM
The Latest: Hungary reimposing restrictions on some arrivals
BUDAPEST, Hungary — The Hungarian government said Sunday that it will reimpose restrictions, such as mandatory two-week quarantines or bans, on people arriving from countries where the rate of coronavirus infections is considered to be moderate or high. “We see worrisome signs about an increase in the number of cases in the neighboring…
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Games maker Ubisoft shakes up staff amid misconduct probe
Games maker Ubisoft shakes up staff amid misconduct probe
| July 12th | 2020  6:19AM
Games maker Ubisoft shakes up staff amid misconduct probe
PARIS (AP) — French gaming giant Ubisoft is parting ways with its creative director and two other executives and promising zero tolerance for “toxic" staff behavior following an internal investigation of misconduct and media reports of sexual harassment. In a statement Sunday, Ubisoft CEO Yves Guillemot said the developer of “Assassin’s…
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The Latest: Vatican highlights plight of maritime workers
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| July 12th | 2020  5:41AM
The Latest: Vatican highlights plight of maritime workers
VATICAN CITY — The Vatican is highlighting the plight of maritime workers during the pandemic, saying bans on shore leave are severely stressing crews stuck aboard ship, some to the point of suicide. Cardinal Peter A. Turkson, who heads a Vatican office dealing with issues of human development, said in a message Sunday that maritime workers…
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As beach towns open, businesses are short foreign workers
As beach towns open, businesses are short foreign workers
| July 12th | 2020  1:12AM
As beach towns open, businesses are short foreign workers
BOSTON (AP) — At this time of the year, The Friendly Fisherman on Cape Cod is usually bustling with foreign students clearing tables and helping prepare orders of clam strips or fish and chips. But because of a freeze on visas, Janet Demetri won't be employing the 20 or so workers this summer. So as the crowds rush back, Demetri must…
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Lawyers seek to halt Purdue Pharma political contributions
Lawyers seek to halt Purdue Pharma political contributions
| July 11th | 2020  7:56PM
Lawyers seek to halt Purdue Pharma political contributions
OxyContin maker Purdue Pharma should not be able to make any more political contributions without a judge's permission, lawyers for its creditors said in a court filing. The issue came up this week after it was reported that the company, which has a long history of influencing policymakers, made contributions to national associations…
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COVID-19 heroes must jump through hoops for workers' comp
COVID-19 heroes must jump through hoops for workers' comp
| July 11th | 2020  8:20AM
COVID-19 heroes must jump through hoops for workers' comp
WASHINGTON (AP) — Lauded for their service and hailed as everyday heroes, essential workers who get the coronavirus on the job have no guarantee in most states they'll qualify for workers' compensation to cover lost wages and medical care. Fewer than one-third of the states have enacted policies that shift the burden of proof for coverage…
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3 Smart Buys Ahead of Earnings Season
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| July 11th | 2020  7:30AM
3 Smart Buys Ahead of Earnings Season
As earnings season approaches, investors are on the lookout for companies that offer a good entry point with the potential to head higher on positive results. The truth is that it can be quite difficult to trade earnings since you have to be right on how the market reacts to the release as well as the direction the stock moves. That’s why it’s…
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MarketBeat: Week in Review
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| July 11th | 2020  7:00AM
MarketBeat: Week in Review
It was another volatile week for equity markets. The Dow continued its up-again, down-again pattern, but the Nasdaq surged to a record high. It’s further evidence that timing the market is a fool’s errand. However, when you understand the reasons the market is moving, it can help you position your portfolio for gains. And in advance of…
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The Latest: China rejects food imports after virus detected
The Latest: China rejects food imports after virus detected
| July 10th | 2020  10:46PM
The Latest: China rejects food imports after virus detected
BEIJING — New coronavirus cases have dropped sharply in China, and authorities are turning their attention to concerns that the virus could spread through imported food. Those worries have risen since a June outbreak in Beijing that was linked to the city’s largest wholesale market. Testing has been stepped up on incoming…
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The Latest: Kentucky's governor says mask rule in effect
The Latest: Kentucky's governor says mask rule in effect
| July 10th | 2020  9:36PM
The Latest: Kentucky's governor says mask rule in effect
LOUISVILLE, Ky. — Kentucky’s governor says a new requirement for people to wear face masks in public took effect at 5 p.m. Friday despite a judge’s restraining order related to pandemic restrictions though not specifically on the face covering rule. Gov. Andy Beshear says the mask mandate is “mandatory, regardless of anything else that’s…
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The Latest: Texas governor warns 'things will get worse'
The Latest: Texas governor warns 'things will get worse'
| July 10th | 2020  7:55PM
The Latest: Texas governor warns 'things will get worse'
AUSTIN, Texas — Texas Gov. Greg Abbott says “things will get worse” in the state as more than 10,000 patients are now hospitalized with the coronavirus. The deadliest week of the pandemic yet in Texas continued Friday with 95 new deaths. On the Texas-Mexico border, Starr County Judge Eloy Vera says his rural community…
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BJs Wholesale Club (NYSE: BJ) Offers Safety and Growth
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| July 10th | 2020  1:00AM
BJs Wholesale Club (NYSE: BJ) Offers Safety and Growth
BJs Wholesale Club (NYSE: BJ), a warehouse club chain, has been one of the most consistent performers across 2020. During the stock market carnage of mid-February to mid-March, BJ shares barely dipped before quickly recovering. As a warehouse club chain, BJs is somewhat recession-proof to begin with. Add in the restaurant closures forced by the pandemic,…
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SSR Mining Inc (NASDAQ:SSRM) Stock a Buy: Go for the Gold
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| July 10th | 2020  1:00AM
SSR Mining Inc (NASDAQ:SSRM) Stock a Buy: Go for the Gold
With precious metals performing very well as of late, many investors are looking for ways to add gold to their portfolios. Thanks to concerns about the global economy and the fact that central banks are injecting tons of capital into financial markets, gold is approaching record high prices and attracting a lot of positive attention. We know that…
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Walgreens (NASDAQ: WBA) vs CVS (NYSE: CVS): Both Are A Value But There’s Only One I Want To Buy
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| July 10th | 2020  1:00AM
Walgreens (NASDAQ: WBA) vs CVS (NYSE: CVS): Both Are A Value But There’s Only One I Want To Buy
A Tale Of Two Drug-Stores Neither CVS Health Corporation (NYSE: CVS) nor Walgreens Boots Alliance (NASDAQ: WBA) has staged much of a rebound in the post-pandemic world. This is surprising given their status as the largest retailers of staple, consumer-oriented, healthcare products in the post-pandemic world. At today’s prices, both present deep-values for dividend investors but only one stands out as a buy.
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Short-Squeeze In Greenbrier (NYSE: GBX): Now It’s Time To Go Long
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| July 10th | 2020  1:00AM
Short-Squeeze In Greenbrier (NYSE: GBX): Now It’s Time To Go Long
Why Oh Why Were You Short Greenbrier? This morning The Greenbrier Companies (NYSE: GBX) reported earnings sparking a massive short-squeeze. Short-interest going into the report topped 12% which is pretty high for any company. Upon looking at the company’s stats, not even considering today’s earnings report, I am struck by the question…
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Gilead Sciences (NASDAQ: GILD): Biomed Play Built on Future Value
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| July 10th | 2020  1:00AM
Gilead Sciences (NASDAQ: GILD): Biomed Play Built on Future Value
Fighting the coronavirus has become one of the biggest talking points of the year. Considering how the virus itself has dominated the news since late February, this isn't much of a surprise. One of the biggest names on the front lines trying frantically to develop protection against this virus is Gilead Sciences (NASDAQ: GILD), a company that has made a lot of headway.
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