Google Alert - Business

	Business Daily update ⋅ May 9, 2020
	NEWS
	CNBC Stock market live updates: Record job losses, investors focused on reopening, Dow gains 450 CNBC U.S. equities rallied on Friday, despite a historic jobs report showing more than 20 million Americans lost their jobs in April, bringing the unemployment rate to a staggering 14.7% due to the coronavirus shutdown. Investors shrugged off the report and focused ... Flag as irrelevant
	The New York Times US Jobs Report Shows Clearest Data Yet on Economic Toll: Live Updates The New York Times The U.S. unemployment rate hit 14.7 percent and 20.5 million jobs were lost in April — devastation not seen since the Great Depression. Here's what you need to know: April's job losses highlight the depth of the pandemic's devastation. Minority ... Flag as irrelevant
	Wall Street Journal Why Is the Stock Market Rallying When the Economy Is So Bad? Wall Street Journal The latest jobs report revealing record U.S. unemployment highlights a growing rift investors are struggling to reconcile: a rallying stock market and stumbling economy. Gains in U.S. stocks accelerated Friday after April's nonfarm payrolls report showed ... Flag as irrelevant
	CNBC Cryptocurrency market jumps by over $13 billion driven by bitcoin as major technical event approaches CNBC A rally in bitcoin led the cryptocurrency market higher on Friday. Bitcoin crossed $10,000, the first time it has hit that price since February. The upcoming "halving" event in bitcoin has helped support the recent price rise. Industry participants say that stimulus ... Flag as irrelevant
	CNN US Postal Service warns coronavirus pandemic threatens its survival CNN (CNN) The US Postal Service is warning that the coronavirus pandemic began to harm business in late March which has continued to decline, a trend that threatens its survival. "It is estimated that the COVID-19 pandemic will substantially increase the Postal ... Flag as irrelevant
	Reuters US drillers cut oil & gas rigs to historic low -Baker Hughes Reuters (Reuters) - The number of operating oil and natural gas rigs fell to an all-time low - reflecting data going back 80 years - as the energy industry slashes output and spending to deal with the coronavirus-led crash in fuel demand. FILE PHOTO: A pump jack on a ... Flag as irrelevant
	The New York Times Tesla Tells Workers It Will Reopen California Factory Despite County Order The New York Times Tesla told employees it would restart its factory in Fremont, Calif., on Friday. But the electric car company's plans do not comply with a local government order that has not cleared large manufacturers to resume operations. The company informed employees of ... Flag as irrelevant
	Reuters Oil prices rise with hopes for demand rebound on easing coronavirus curbs Reuters TOKYO (Reuters) - Oil prices climbed on Friday as countries including Australia moved ahead with plans to relax economic and social lockdowns put in place to halt the coronavirus pandemic, kindling market hopes for a boost in demand for crude and its ... Flag as irrelevant
	PRNewswire (press release) AbbVie Inc. Completes Acquisition of Allergan plc PRNewswire (press release) DUBLIN, May 8, 2020 /PRNewswire/ --. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR ... Flag as irrelevant
	Forbes Here's What You Can Do Now To Ensure Paycheck Protection Program Loan Forgiveness Forbes Maybe you scored a piece of the more than $349 billion in Paycheck Protection Program (PPP) funding initially made available as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Or perhaps you're anxiously waiting to hear if you're ... Flag as irrelevant
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