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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 09, 2020
Page
8
DoorDash begins trading on the New York Stock Exchange under symbol DASH as a 2013 founded delivery platform eyes about 30 billion dollars in valuation. The firm reported 885 million dollars in revenue last year and over 1.9 billion in revenue for the first nine months of 2020 as app deliveries surge.
The Labor Department will release October job openings showing about 6.42 million postings, a slight drop from September as hiring slows while postings rise since the spring. Campbell Soup reports fiscal first quarter results reflecting growth tied to home food demand.
Stephanie Roth of J.P. Morgan Private Bank notes excitement for a post vaccine world as stocks on Wall Street push toward fresh records. Commodities show current contract figures and early gains. Source: The Associated Press.
Technology and health care shares boost indexes to new highs on Tuesday with the S&P 500 gaining 0.3 percent along with the Nasdaq and Russell 2000. Raytheon Technologies boards approves a 5 billion buyback while Cantel Medical surpasses profit forecasts and the market weighs potential vaccine rollouts for a stronger 2025 rebound.
Sedgwick County reports nearly 31,000 cases and 172 deaths from COVID-19, with over 5,700 new cases in the two weeks ending Monday. Wichita Mayor Brandon Whipple notes business fears but emphasizes slowing spread to aid economic recovery while Kansas totals exceed 174,000 cases, over 5,500 hospitalizations, and 1,856 deaths.
Douglas County reports 5326 total COVID-19 cases as of Tuesday, 1129 active and 4217 inactive. The 14 day moving average shows about 51 new cases per day, down from a high in mid November and up from mid October. Lawrence hospital on Tuesday housed 21 COVID patients, 14 active and 7 recovering.
In a Douglas County case Paradise Saloon owner Zach Snyder argues a health order restricting liquor licensed venues mirrors New York shelter rules and targets nonreligious businesses. The judge has yet to rule as pandemic restrictions and liquor rules evolve.
A December survey will release one question at a time and update every few days. Residents may respond at City Hall KU library Recreation Center and other city facilities. KU will compile data and report to the Human Relations Commission and Lawrence City Commission.
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