Texas

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National Guard summoned as protests spread

May 30, 2020 – 5.27pmAtlanta | Georgia’s governor declared a state of emergency early Saturday to activate the state National Guard as violence flared in Atlanta and in dozens of cities nationwide following the death in Minnesota of George Floyd after a white officer pressed a knee into his neck while taking him into custody.Demonstrators…



ASX to slip, techs rally in New York

ASX to slip, techs rally in New York

May 8, 2020 – 4.40amAustralian shares are set to edge lower at the open with the RBA’s latest thoughts on monetary policy scheduled to be released near midday.ASX futures were down 1 point to 5367 near 6am AEST, reversing earlier modest gains.The local currency briefly surged above US65¢, and was most recently up 1.4% at…


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Shell Stock Is Reeling From Dividend Cut & Looming Oil Disaster

Shell stock took a 13% spill Thursday after slashing its dividend. Oil stocks face a monumental “crisis of uncertainty” in this recession. But an even bigger existential threat to oil is looming ahead. The oil price collapse just obliterated Shell’s dividend. It’s alarming news for oil stock investors because even the 2018 and 2014 oil…



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Unemployment Tally Expected to Surge by Millions: Live Updates – The New York Times

Right NowEuropean markets are wobbling after a strong start. Millions more are expected to be added to the unemployment ranks.ImageA largely empty street in Midtown Manhattan on Saturday.Credit…Jonah Markowitz for The New York TimesThe coronavirus outbreak continues its devastating march across the American economy, and Thursday will bring fresh evidence. The Labor Department will announce…


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Hobby Lobby to Close All Stores, Furlough Employees With No Pay After Claiming To Be ‘Essential Business’ – Newsweek

Arts and crafts supply store Hobby Lobby is expected to close all of its locations Friday; employees that are furloughed will receive no pay from the company for the duration of the closures.Hobby Lobby had attempted to remain open by labeling itself as an essential business, and therefore not under the prohibitions of the stay-at-home…


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Hobby Lobby to Close All Stores, Furlough Employees With No Pay After Claiming To Be ‘Essential Business’ – Newsweek

Arts and crafts supply store Hobby Lobby is expected to close all of its locations Friday; employees that are furloughed will receive no pay from the company for the duration of the closures.Hobby Lobby had attempted to remain open by labeling itself as an essential business, and therefore not under the prohibitions of the stay-at-home…