Finance News

Stocks making the biggest moves midday: FedEx, T-Mobile, Uber & more

Check out the companies making headlines in midday trading.

UK plan to use navy to stop migrant crossings is unlawful, lawyers warn

Home secretary tells MPs she obtained legal advice that sending in the navy would be permitted

Priti Patel’s plans to use the navy to tackle the growing number of migrants crossing the Channel from northern France would be unlawful and dangerous, lawyers have warned.

Thursday was a record day for small boat crossings, with 235 people identified in 17 separate incidents. More than 2,000 people are said to have entered the country by this route in June – more than four times the known total of 500 for the whole of 2018.

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The unemployment rate fell in July. Here's why that's important

The unemployment rate, typically a measure of financial hardship, fell to 10.2% in July.

Travelling to France from the UK: your rights on refunds and insurance

All you need to know about flights and holidays should the FCO impose a quarantine on arrivals from France

The UK government has said that travellers from Belgium, Andorra and the Bahamas will face quarantine when they arrive in the UK – and there are concerns that France could be the next country on that list.

France is a huge destination for UK holidaymakers, and many have breaks lined up there over the next few weeks. Unlike for trips to Spain, many travellers will have arranged their travel and accommodation separately, which will make getting a refund more complicated.

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Five months on, and EU health workers can’t bear to contemplate a second Covid-19 wave

When the Guardian spoke to staff in March they had no time for reflection. So what do they think of the new surge now?

During the initial peak of Spain’s Covid-19 pandemic in the spring, the virus displayed an unexpected mercy. In its spread, ferocity and awful novelty, it left health workers too tired and overwhelmed to look beyond the next few hours.

“There’s no time to get angry or to wonder why things have been organised the way they have been,” Sara Gayoso, an A&E doctor at El Escorial hospital near Madrid, told the Guardian at the end of March.

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Stocks making the biggest moves in the premarket: TripAdvisor, T-Mobile US, FedEx, Uber & more

The stocks making the biggest moves in premarket trading include TripAdvisor, T-Mobile US, FedEx, Uber, and more.

Revolution in France: an eyewitness account - archive, 7 August 1830

7 August 1830: The July revolution in Paris saw the overthrow of the Bourbon monarchy and the birth of the modern uprising

We communicated in a second edition, last week, the fact of an insurrection having taken place in Paris, in consequence of the arbitrary and tyrannical decrees of the King; and we now furnish such details of that insurrection, and of the memorable consequences resulting from it, as we have been able to collect from the London newspapers.

Related: Insurrection in Paris: attempt at a new revolution - archive, 1832

“Vengeance! – Liberté! – A bas le Roi! – Vive la Charte! – Vive l’Empereur! – Vive Napoléon II! – La Mort à Polignac! – La Mort à Peyronnet! – Liberté ou la Mort!”

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Macron's message to Beirut: we'll deliver aid and 'home truths' to your government

France president seizes moment for influence with visit to Lebanon after explosion trailing ‘new political deal’

Emmanuel Macron’s move to boost his country’s influence in Lebanon has shown a French president with the confidence, and political instinct, to seize his moment on the world stage.

Two days after the devastating explosion tore through Beirut Macron toured the site of the blast and some of the capital’s hardest-hit neighbourhoods.

Related: Beirut explosion: protesters demand political change as Macron tours city

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'Stars are aligned against the dollar,' top currency strategist warns

Brown Brothers Harriman's Win Thin expects the dollar to bottom later this year.

Stock futures are flat in overnight trading with all eyes on July jobs report

All eyes are on the monthly jobs report, which is expected to show a slowdown in job gains amid a spike in coronavirus cases across the U.S.

Stocks making the biggest moves after hours: T-Mobile, Groupon, Zillow and more

See which stocks are posting big moves after the bell.

Here's what happened to the stock market on Thursday

Stocks rose once again after a late-day surge in tech stocks.

In California, 57% seeking unemployment benefits lost their jobs for a second time

More than half of workers who recently applied for unemployment benefits in California were doing so because their jobs or hours were cut again, hinting at the nation's unstable economic recovery.

MPs to investigate surge in migrants crossing Channel in small boats

Response of UK and French authorities and role of criminal gangs will be under scrutiny

MPs are to investigate the surge in migrants crossing the English Channel in small boats after more than 2,000 people were reported to have entered the country by this route in June.

The home affairs select committee, chaired by Labour’s Yvette Cooper, is to examine the reasons behind the growth in crossings and will look at the role of criminal gangs.

Related: ‘I’m surprised more migrants haven’t died in the Channel’: my view from England's white cliffs

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Stocks making the biggest moves midday: Roku, Penn National Gaming, Western Digital & more

Check out the companies making headlines in midday trading.

Goldman names new head of digital assets in bet that blockchain is the future of financial markets

The appointment means the newest face of blockchain and cryptocurrency on Wall Street isn't a starry-eyed bitcoin evangelist, but a 46-year-old veteran of old-school financing markets.

Coronavirus global report: Germany and France record biggest rise in cases since May

Spain orders town of 32,000 back into confinement; Poland records highest daily case number so far

Germany has recorded its highest rate of infections in three months, France cannot keep up with demand for tests and Finland warned of an “extremely delicate” situation as Covid-19 case numbers continued to tick up across the continent.

New cases in Germany rose above 1,000 for the first time since early May, with the national disease control centre, the Robert Koch Institute, on Thursday reporting 1,045 infections in the previous 24 hours, for a total of 8,700 active cases.

Brazil 2,859,073 cases, 97,256 deaths

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Italian homes evacuated over risk of Mont Blanc glacier collapse

Roads near Courmayeur closed to tourists because of threat from falling Planpincieux ice

Homes have been evacuated in Courmayeur in Italy’s Aosta valley, after a renewed warning that a huge portion of a Mont Blanc glacier is at risk of collapse.

The measures were introduced on Wednesday morning after experts from the Fondazione Montagne Sicura (Safe Mountains Foundation) said 500,000 cubic metres of ice was in danger of sliding off the Planpincieux glacier on the Grandes Jorasses park.

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Stocks making the biggest moves in the premarket: Hilton, Restaurant Brands, Bausch Health & more

The stocks making the biggest moves in premarket trading include Hilton, Restaurant Brands, Bausch Health, and more.

Beirut explosion: international rescue workers fly in to boost search for survivors

Race begins to find alive those trapped in rubble of Lebanon’s capital after Tuesday’s enormous blast

International rescue workers and aid have begun arriving in the ruins of Beirut, joining local teams combing the rubble for signs of life after a huge explosion on Tuesday destroyed swaths of Lebanon’s capital.

From Australia to Indonesia to the EU, Russia and the United States, governments mobilised to send in aid ranging from sniffer dogs to a mobile hospital to help a country already struggling with the worst economic crisis in its modern history.

Related: Beirut explosion: how you can help victims in Lebanon

Related: 'We are still in shock': Beirut bride's wedding video captures explosion

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Trillions of dollars on sidelines will pour into the market post-coronavirus, Oppenheimer's John...

Oppenheimer Asset Management's John Stoltzfus expects a temporary setback to the March 23 rally, but he's not abandoning his bullish stance on stocks.

Stocks making the biggest moves after hours: Etsy, Western Digital, Live Nation and more

See which stocks are posting big moves after the bell.

Fed's Mester calls on Congress for pandemic recovery help, says 'downside risks' to the economy...

Mester called Wednesday for more help from Congress and said the central bank stands at the ready to provide whatever resources it can to help an economy at risk from rising coronavirus cases.

Here's what happened to the stock market on Wednesday

Positive news on the coronavirus front and strong earnings from Disney lifted the market on Wednesday.

Goldman Sachs says it will double hiring of junior bankers from black colleges by 2025

The Wall Street model is to hire thousands of entry-level workers every year to create a pipeline of talent. By taking in more Black and Latino employees, CEO David Solomon hopes to eventually improve the diversity at more senior positions.

UK office workers slower to return to their desk after Covid

Survey finds a third of Britain’s white-collar workers back compared with 83% in France

British office workers have returned to their desks at a much slower pace than staff in France, Germany, Italy or Spain, as they continue to work from home following the lockdown.

Only one-third (34%) of UK white-collar employees have gone back to work, lagging far behind their European counterparts, where almost three-quarters of staff (68%) have done so, according to analysis from US bank Morgan Stanley’s research unit AlphaWise.

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You may get laid off again. Here's what to know about your unemployment benefits

Most businesses have exhausted funding from a loan program that's propped up payrolls and some states reimposed shutdown measures. For those who lose their jobs again, there's a silver lining: They can probably restart their unemployment benefits.

The $600 unemployment boost is gone. Now 6 million Americans can't pay their bills

A $600-a-week supplement to unemployment benefits leaves millions of Americans without enough cash flow to pay bills in August.

Even though $600 unemployment boost lapsed, Congress likely will make new aid retroactive

Whenever Capitol Hill decides on the next round of federal unemployment benefits, those payments likely will be retroactive to when the $600 lapsed, experts say.

Fed Vice Chair Clarida still sees the economy staging a comeback this year

The central bank's director of bank supervision said he hasn't changed his forecast despite a swell in Covid-19 cases that have caused a general slowing in resumption of activities