Business Insider reports that banks' and tech giants' earnings largely impressed Wall Street. Bank of America says discount stores are set to post similarly positive results, according to Bank of America. BoA analysts expect the sector's second-quarter figures to hold strong thanks to rising food sales and improvement in general merchandise revenue. Thanks to momentum in higher-profit categories and successful online operations Walmart, Target, and Dollar Tree are in good positions.
Wall Street ended higher after a choppy session on Tuesday, but they were capped by declines in AIG and Microsoft. As Fred Katayama reports, Disney shares shot higher after its adjusted profit handily beat expectations.
Wall Street analysts on Wednesday weighed in on AMC Theatres' historic agreement with Universal Pictures that will allow the studio's movies to be made available on premium video-on-demand after just 17 days of play in cinemas.
Credit: The Hollywood Reporter Duration: 01:27Published
On Wednesday, Shopify reported second-quarter earnings results that beat Wall Street's expectations for revenue. The company surged 97% on the year as the coronavirus pandemic boosted online sales. Shares of Shopify surged as much as 12% Wednesday. Business Insider reports the Canadian e-commerce company has gained roughly 170% year-to-date.
Wall Street dropped sharply on Thursday as investors fretted over the first weekly jump in jobless claims in months and a battle in Congress over the extension of a special unemployment payout. Conway G. Gittens has the action.
[NFA] New York state's attorney general sued to dissolve the National Rifle Association on Thursday, alleging senior leaders of the non-profit group diverted millions of dollars for personal use. At the same time, the attorney general for Washington, D.C., filed suit against the NRA, alleging the misuse of charitable funds. This report produced by Jillian Kitchener.
A large group of people, including Indian Diaspora, gathered near the digital billboard of Ram Mandir at New York's Times Square. People were seen celebrating the foundation laying ceremony of the Ram Temple. The crowd also sang 'bhajans' and chanted 'Jai Shri Ram'. On August 05, a billboard of Ram Mandir was seen at Times Square in New York. Prime Minister Narendra Modi on August 05 laid foundation stone of Ram Temple in Ayodhya where dignitaries from various fields were present.
A billboard of Ayodhya's Ram Temple was seen at Times Square in New York. The billboard appeared on day of temple's foundation stone laying ceremony. The digital billboard featured Lord Ram next to the upcoming temple in Ayodhya. Earlier, at a grand ceremony in Uttar Pradesh's Ayodhya, Prime Minister Narendra Modi did the 'bhumi pujan', and laid the foundation stone of the new Ram temple. After offering prayers at Hanumangarhi and the idols of 'Ram lalla', or the child deity, PM Modi participated in the bhumi pujan rituals. All the participants, including the PM and the priests, wore face masks and observed social distancing norms due to the raging Covid-19 pandemic. RSS chief Mohan Bhagwat and UP CM Yogi Adityanath also attended the grand ceremony. Attendance at the event was limited due to the outbreak. The construction of the Ram temple is beginning 9 months after the Supreme Court handed the Mandir side the disputed site while awarding an alternate plot to the Babri Masjid litigants. Watch the full video for more.
Credit: HT Digital Content Duration: 03:13Published
[NFA] New York City is putting up COVID-19 quarantine checkpoints at key entry points to ensure that incoming travelers from 35 states with outbreaks comply with New York's 14-day quarantine mandate, Mayor Bill de Blasio said on Wednesday. This report produced by Jillian Kitchener.
Tributes have paid to SDLP leader John Hume, who was instrumental in achieving the Good Friday Agreement. Political figures including First Minister Arlene Foster, Deputy First Minister Michelle O'Neill and Irish President Michael D Higgins were among the limited mourners who attended the ceremony in St Eugene's Cathedral in Derry.
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Jason Momoa Makes UN Climate Change Address In a speech, the 40-year-old detailed the effect of global warming on the Earth's oceans. Jason Momoa, via United Nations The former 'Game of Thrones' star..