Market News
- Stocks Pause After Dow's 30000 Milestone November 25, 2020The Dow Jones Industrial Average slipped a day after crossing 30000 for the first time, following a packed session of mixed economic data and continued concern about the surge in coronavirus cases.
- Justice Department Clears Intuit to Buy Credit Karma November 25, 2020Antitrust officials cleared Credit Karma’s pending $7.1 billion sale to TurboTax maker Intuit after the two companies agreed to divest Credit Karma’s burgeoning tax-preparation business.
- Salesforce Is in Talks to Acquire Slack Technologies November 25, 2020A deal, which would mark a big move by the corporate-software maker into office communications, could be reached in days.
Riverside County News
- Riverside County election workers test positive for coronavirus November 26, 2020The office is still on target to meet the Dec. 3 deadline to certify November election results
- Riverside County reports 17 coronavirus deaths November 26, 2020The county has reported 115 deaths so far in November -- more than the 93 recorded in all of October
- Lake Elsinore Storm sets stage for feeding 5,000 on Thanksgiving November 25, 2020About 50 volunteers passed out 1,250 meal packages, each with enough food for four people
Business News
- Amazon merchants say some product deliveries are delayed November 25, 2020Amazon.com Inc. merchants around the U.S. say some products that normally reach customers in one or two days are now taking a week or longer just as the world’s largest online retailer heads into what’s expected to be a record-busting holiday shopping season. Seven merchants and consultants from California, Texas, Wisconsin and Florida said they had […]
- Picture of US economy is worrisome as virus inflicts damage November 25, 2020Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed to drive a recovery from the pandemic. A flurry of data released Wednesday suggest the spread of the virus is intensifying the threats to an economy still struggling to recover from […]
- High-balance loan limits to soar to record $822,375 in 2021 November 25, 2020Regulator for Fannie, Freddie has raised the maximum loan limits for a fifth straight year.
