Thursday, October 8, 2020

Why Biden won't ban fracking -- and why Trump wants you to think he will

Banning fracking would kill tens of thousands of jobs in Pennsylvania, Ohio and Texas -- three states at the heart of the 2020 race for the White House.
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Why Biden won't ban fracking -- and why Trump wants you to think he will
Banning fracking would kill tens of thousands of jobs in Pennsylvania, Ohio and Texas -- three states at the heart of the 2020 race for the White House. Read more »
 
IBM spins off a quarter of the company to focus on the cloud
IBM is spinning off a significant part of its business to focus on new opportunities in hybrid cloud growth, the company announced on Thursday. Read more »
 
The pandemic made 107,000 oil and gas jobs disappear. Most aren't coming back anytime soon
The oil and gas industry is laying off workers at an unprecedented pace to cope with a pandemic that crashed energy prices and raised doubts about the future of fossil fuels. Read more »
 
Trump's endorsement sends Regeneron and Eli Lilly stocks rising
President Trump said he "felt good immediately" after receiving an experimental antibody treatment for coronavirus from biotech Regeneron. Now, he wants regulators to approve emergency use of Regeneron's drug and a similar one from Eli Lilly -- and both stocks jumped on the news. Read more »
 
Another 840,000 Americans filed for unemployment benefits last week
The pace of America's jobs recovery continues to slow. Another 840,000 workers filed for initial unemployment benefits last week on a seasonally adjusted basis, the Department of Labor reported Thursday. Read more »
 
Banks want to pull the levers of global finance for good
The titans of Wall Street have long avoided taking a leadership role on environmental and social issues. Now, as public attitudes shift, they're changing their position. Read more »
 
 
 
 
Dow Nasdaq S&P
+122.05   +56.38   +27.38
28,425.51   11,420.98   3,446.83
+0.43%   +0.50%   +0.80%
YTD -0.40%   YTD +27.29%   YTD +6.69%
 
Biggest Winners
Occidental Petroleum Corp +8.75%
 
DXC Technology Co +8.41%
 
Halliburton Co +7.38%
 
Marathon Petroleum Corp +6.54%
Biggest Losers
Domino's Pizza Inc -6.97%
 
Borgwarner Inc -3.49%
 
Baxter International Inc -3.43%
 
Carnival Corp -2.38%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $41.28 +0.09 / +0.22%
Gold $1,898.30 +3.20 / +0.17%
10-yr 0.77% -0.02
Euro $1.18 -0.00 / -0.05%
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