surge

Quarantine threat sparks surge of Britons racing to get back before deadline

British holidaymakers are racing back from France today to avoid the two-week quarantine that comes into effect at 4am on Saturday.

They face paying hundreds of pounds to make a quick exit from the country with the cheapest ticket on a Eurostar train from Paris to London going for £210 this morning.

The cost of taking a car through the Channel Tunnel on Eurotunnel Le Shuttle services on Friday morning was £260, with the operator warning those without valid bookings not to travel to the terminal. All trains after midday are fully booked. Telegraph Travel has learned of one-way flights from the south of France to the UK as high as £800

Among nearly half a million Britons holidaying in France was Kate Bussmann. “We decided to move our Eurotunnel booking forward to Thursday evening. It was a not-cheap gamble – it cost £99 to change – but we have

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TikTok’s pain is Triller’s gain. But will the L.A.-based video app’s surge last?

Triller CEO Mike Lu sits for a portrait on Aug. 6 in Century City. The social video app has surged in popularity as TikTok's business in the U.S. is threatened by an executive order from President Trump. <span class="copyright">(Brian van der Brug / Los Angeles Times)</span>
Triller CEO Mike Lu sits for a portrait on Aug. 6 in Century City. The social video app has surged in popularity as TikTok’s business in the U.S. is threatened by an executive order from President Trump. (Brian van der Brug / Los Angeles Times)

It was the moment this Hollywood startup had long been waiting for.

When the future of TikTok was imperiled by President Trump’s executive order on Thursday, a previously obscure Century City-based rival was poised to reap the benefits.

“We are absolutely positioned to be a replacement for TikTok if they do get banned,” said Triller CEO Mike Lu on Thursday, mere hours before the executive order was issued. “Out of everyone in this space, we are the most adaptable … and grounded one in terms of being TikTok’s successor.”

Indeed, the competitor of China-based tech company ByteDance’s TikTok saw its popularity surge before Trump officially

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Square’s Revenue Surge, Eth 2’s Final Testnet, c-Lightning’s Latest Update

Square’s bitcoin business is booming, lawmakers are batting for crypto staking protocols and a blockchain-based voting system in Russia may have been hacked.

You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here. 

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Bitcoin Revenues
Square’s bitcoin business is booming. Announcing Tuesday, the San Francisco payments company said revenue made from selling bitcoin to Cash App customers during the second quarter came to a total of $875 million – up 600% year on year. Square stresses it only takes a “small margin” selling bitcoin to customers, but Q2’s results show it made $17 million profit – an increase of 711% year-on-year. While bitcoin made up only 5% of Square’s revenue at $34 million in Q1 2018 (its first full quarter), it came to $65.5 million

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How Planet Fitness, Ulta Beauty, And Kohl’s Changed Their Business Models To Successfully Whether The Storm Of The Coronavirus and Surge Forward Towards Profitability.

“If you want to succeed in retail, you need to fully commit to off-price or online,” -Jim Cramer, Mad Money, March 5, 2020

Retailers have been struggling for sometime to compete with the giant Big-box stores such as Amazon (AMZN), Walmart (WMT), Home Depot (HD), and Costco (COST), who offer massive discounts, great selection, and an easy shopping experience. Then the Coronavirus pandemic engulfed America this past March, and most retailers, other than essential ones like pharmacies and grocery stores, were forced to close their doors because consumers were self quarantined. After that took place, retailers needed to make changes to their stores to allow for proper social distancing and hygiene so they could open them safely. Brand loyalty gave way to buying whatever was cheapest. Some retailers, including JC Penney, Neiman Marcus and Brooks Brothers have already succumbed to the virus and have filed for bankruptcy. Others have laid

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Stocks post fourth straight monthly gain as tech shares surge

Stocks ended higher on Friday, with the Nasdaq outperforming after a slew of better than expected corporate earnings results from major tech firms. Facebook and Apple posted record closing highs.

Friday’s session marked the last of July, with each of the three major indices closing out a fourth straight month of gains. The S&P 500 rose about 5%, the Dow increased 2% and the Nasdaq outperformed, rising more than 6.5% on the month.

Tech titans Facebook (FB), Amazon (AMZN), Apple (AAPL), and Alphabet (GOOG, GOOGL), each reported quarterly results that blew past estimates Thursday evening, affirming these companies’ pandemic-era dominance following a steep run-up in tech stocks over the past couple months.

Facebook grew its revenue 11% over last year as its advertising business remained resilient despite the pandemic-related slowdown across the broader ad industry. Alphabet’s ad business was hit more prominently by that trend, with Google ad revenue falling

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Infection growth slows in California, but deaths surge

California overall is not experiencing the same alarming surge in COVID-19 infections as it did in late June and early July, but record-breaking death tolls reported this week underscore the continued seriousness of the coronavirus pandemic.

California set a new record Wednesday when it reported its highest COVID-19 death toll in a single day with 197 dead. On Thursday, the state reported another 194 deaths, the second highest single-day coronavirus death toll thus far.

Deaths have dramatically increased from the flat-line levels in May and June: As of Thursday, an average of 112 people died from the virus in California every day over the last two weeks. Two weeks ago, about 84 people died every day on average over a two-week period.

Some of those deaths, however, may have occurred several days or weeks ago because of the verification process used by local health officials.

In the last week, California

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Lysol sales surge as the condom business goes limp under lockdown, consumer goods giant reports

Reckitt Benckiser Group Plc said Covid-19 has prompted consumers and companies to make lasting improvements in their cleaning routines, boosting prospects for future sales of its disinfectants and sanitizers.

Lysol sales surged about 70% in the first half in North America, and professional demand has been so strong that the U.K. consumer-goods maker set up a business to meet demand from new clients including Hilton, Avis and Delta. 

A new era of cleanliness has begun, according to the company. Once a consumer adopts new behaviors such as consistent and thorough hand washing for more than two months, the habits stick.

“Covid-19 is likely to be with us for the foreseeable future and, as a society, we are embedding new hygiene practices to protect our way of life,” Chief Executive Officer Laxman Narasimhan said.

Reckitt said Tuesday it expects the boom in its cleaning brands, which also include Sagrotan handgel, will

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7 Growth Stocks Prepared for a Summer Surge

In terms of market volatility, this year is definitely one for the books. 2020 saw market movements that would normally take decades, compressed into a single year. With unemployment rates at their highest and businesses facing the risk of bankruptcy, the economy hit some new lows this year. However, a period of downturn also presents a unique opportunity for investors to load up on growth stocks to buy at a discounted price.

Historically speaking, a bear market in the S&P 500 was always replaced by a bull market rally in the years before Covid-19.

While it’s hard to remain optimistic in uncertain times, investors need to take a long-term approach when investing in stocks. Some companies are likely to emerge from the pandemic as losers. Others will come out of this stronger than ever.

InvestorPlace – Stock Market News, Stock Advice & Trading Tips

Here are seven growth stocks that

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Americans concerned about economic impact as coronavirus cases surge

WASHINGTON — Less than a quarter of adults believe the U.S. economy is “excellent” or “good” as the coronavirus pandemic and economic anxiety related to its spread loom large, new data from the NBC News|SurveyMonkey tracking poll show.

Overall, just 2 percent called the economy “excellent,” with 21 percent calling it “good.” The plurality, 43 percent, called the economy “fair,” while 32 percent rated it “poor.”

When asked what issue matters most to them, every subgroup across economic, age, education and racial lines said jobs and the economy — except for Democrats, liberals or those with postgraduate degrees. In those groups, health care rated first, followed by jobs and the economy.

With the unemployment rate above 11 percent, 74 percent of adults said they are concerned that the coronavirus will have a negative impact on their household finances. And 91 percent of adults said the pandemic will have a negative

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Delivery giant to hire 10,500 amid UK online shopping surge

Delivery giant Hermes says it will create 10,500 jobs in the UK after seeing a surge in demand from people shopping from home during lockdown.

This will include 1,500 full-time roles across its delivery network and head office, and 9,000 freelance couriers.

Hermes also said it would not accept any money from the government’s job retention bonus scheme, designed to help struggling firms.

It comes as a raft of companies make job cuts due to the pandemic.

Hermes boss Martijn de Lange said: “The pandemic has expedited the already phenomenal growth of online shopping and we see no sign of this changing.

“As a result, it is important that we have the right infrastructure and people in place to support this. This is good news for the many people who have sadly had their income affected and we are pleased to be able to support the UK economy with so

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