Highlights: July 26, 2021 - July 30, 2021
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New York: More than 380 jobs available for at-risk youth in Binghamton and Utica
Governor Andrew M. Cuomo announced 382 jobs will be available for at-risk in these two areas in the ZIP codes that make up each zone....Citizens Financial Services Q2 net income $6.6 million
Citizens Financial Services, parent company of First Citizens Community Bank, released its unaudited consolidated financial results for the three months ended June 30, 2021....Lumen Technologies sells Latin American business to Stonepeak Infrastructure Partners for $2.7 billion
Lumen Technologies has sold its Latin American business to Stonepeak Infrastructure Partners for $2.7 billion....ABB to sell Dodge to RBC Bearings for $2.9 billion
ABB is selling its mechanical power transmission business to RBC Bearingst....Santander Q2 profit up 28.5 percent
Group Banco Santander reported Wednesday that its second-quarter attributable profit to the parent was 2.07 billion euros, up 28.5 percent sequentially....Amgen to buy Teneobio in $900 million deal
Amgen and Teneobio announced an agreement under which Amgen will acquire Teneobio, a privately held, clinical stage biotechnology company developing a new class of biologics called Human Heavy-Chain Antibodies....Starbucks Q3 store sales increased 73%
Starbucks reported financial results for fiscal third quarter ended June 27, 2021....Barclays Q2 profit surges
Barclays reported Wednesday that its second quarter group profit before tax was 2.6 billion pounds, significantly higher than last year's 0.4 billion pounds....Alphabet Q2 revenue up 62%
Alphabet Inc. reported its second quarter revenue at 61.88 billion U.S. dollars, up 62 percent from the same period last year....Microsoft Q4 revenue up 21%
Microsoft announced the results for the quarter ended June 30, 2021, as compared to the corresponding period of last fiscal year....McDonald's Q2 profit soars
McDonald's reported Wednesday that net income for the second quarter soared to $2.22 billion or $2.95 per share from $483.8 million or $0.65 per share in the prior-year quarter....GlaxoSmithKline Q2 profit down 44 percent
GlaxoSmithKline reported Wednesday that its second quarter profit before taxation fell 44 percent to 1.47 billion pounds from last year's 2.64 billion pounds....Kavak starts operations in Brazil with $480 million investment
Kavak, the first Mexican startup to reach a value of US$1 billion, announced that it has closed its plan to open operations in Brazil, with an investment of US$480 million, will generate more than 1,000 jobs and seeks to build an inventory of more than 100,000 used vehicles....Stepan Q2 net income record $43.3 million
Stepan Company, a major manufacturer of specialty and intermediate chemicals, Q2 net income was a record $43.3 million, or $1.85 per diluted share, versus $35.7 million, or $1.54 per diluted share, in the prior year....Penske Q2 income up 652.9%
Penske Automotive Group announced second quarter 2021 results....New York: $270 million in financing for 728 affordable, supportive, sustainable homes
Governor Andrew M. Cuomo announced $270 million in financing for six affordable housing developments that will build or preserve 728 affordable, supportive, sustainable homes for New Yorkers....New York: $125 million debt relief program for at least 50,000 students
Governor Andrew M. Cuomo announced the CUNY Comeback Program, a sweeping plan to eliminate up to $125 million in unpaid debt for at least 50,000 students who attended CUNY and suffered financial hardships during the COVID-19 pandemic....Volkswagen H1 deliveries up 27.9 percent
The Volkswagen Group continued its positive business performance and posted a record result despite challenging conditions in the first half of 2021....Aflac will bring 150 jobs to new offices in Windsor, Connecticut
Governor Ned Lamont announced that insurance company Aflac has been selected to serve as the claims administrator for the recently established Connecticut Paid Leave Authority. ...Smart Wires creating 250 jobs in Durham
Smart Wires Inc. has selected Durham and the Research Triangle region as the site for its global headquarters, creating 250 jobs, North Carolina Governor Roy Cooper announced....Nomura net revenue down 23.3%
Nomura Holdings and its consolidated entities reported net revenue of 353.3 billion yen for the three months ended June 30, 2021, a decrease of 23.3% from the same period in the prior year....Siemens Gamesa Q3 backlog 32.6bn euros
Siemens Gamesa completed a challenging third quarter of financial year 2021 (April-June) with a backlog worth €32.6bn (+3% y/y), €1.1bn more than a year earlier....North Carolina: POLYWOOD will expand in Person County with 300 new jobs
POLYWOOD will expand its operations in Person County to create 300 jobs over five years, Governor Roy Cooper announced....KORE Power selects Arizona site for its lithium-ion battery manufacturing, will bring 3,000 jobs
KORE Power, Inc. announced the first lithium-ion battery manufacturing facility wholly owned by a U.S. company will be built in Maricopa County.... ■