WASHINGTON — The United States for the first time added five of Amazon's overseas operations to its list of "notorious markets'' where pirated goods are sold. The e-commerce giant dismissed the move as part of the Trump administration's "personal ...
Developments in the oil market over the past two months have been catastrophic. From the price war between Saudi Arabia and Russia, the collapse of demand caused by the coronavirus pandemic, historic (but ultimately unsuccessful) OPEC+ cuts, ...
Small businesses that borrow money through the government's aid program could face audits before the loans are forgiven, Treasury Secretary Steven Mnuchin said Tuesday, even as others warned that federal officials face daunting challenges in ensuring ...
Economists are reassessing their views of the second quarter's gross domestic product after first quarter GDP showed a bigger hit to consumer spending than expected. The outlook for the second quarter, already grim, is murkier because the extent of the ...
Remdesivir is widely considered to be a front-runner among the investigational therapies being tested as treatments for COVID-19. Getty Images. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon. Print icon; Resize icon ...
(Reuters) - Boeing Co (BA.N) said on Wednesday it would cut its 160,000-person workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity as it prepares for a years-long industry recovery from the coronavirus pandemic that ...
Few companies have been battered by the coronavirus pandemic as much as Starbucks (NASDAQ:SBUX) has. As a restaurant operator, Starbucks' industry is being directly impacted by the outbreak while restaurant dining rooms across the U.S. and much of ...
The company got off to a strong start in the first quarter but saw a big drop in diagnostic testing in the last two weeks of the quarter due to the coronavirus outbreak. Keith Speights. (TMFFishBiz). Apr 29, 2020 at 12:30PM. Author Bio. Keith began writing for the ...
Although investors have become increasingly bullish on amusement park owners of late, medical news was probably behind the current advance. Reuben Gregg Brewer. (TMFReubenGBrewer). Apr 29, 2020 at 12:19PM. Author Bio. Reuben Gregg Brewer ...
The median consensus estimate is that 3.5 million Americans filed for unemployment insurance in the week ending April 25. The Labor Department will release official numbers Thursday. While still an eye-popping number of jobless Americans, the estimate ...
(Reuters) - Shares of Blue Apron Holdings Inc slumped as much as 33% on Wednesday as the meal-kit company posted a steep decline in quarterly sales even after seeing a boost in orders from Americans confined to their homes amid coronavirus-led ...
Chinese electric vehicle startup Nio has secured a $1 billion investment from several state-owned companies in Hefei in return for agreeing to establish headquarters in the city's economic development hotspot and giving up a stake in one of its business units.
For Todd Thrasher, it seemed like a sure bet. In October 2018, he opened a sprawling bar and rum distillery along the newly revitalized District Wharf in Washington, D.C., with three floors, space for 300 diners and 56 employees. He figured that with the area's ...
Less than 24 hours after it was reported that Uber was considering layoffs of 20% of staff, its big rival Lyft is announcing its own cuts. Today the company said it would be reducing employee count by 17%, working out to 982 employees, and furloughing an ...
Shares of Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) were climbing today as the Google parent delivered better-than-expected revenue growth in the first quarter, even as its advertising business was buffeted by the COVID-19 pandemic toward the end ...
For a live blog on the U.S. stock market, click LIVE/ or type LIVE/ in a news window. Gilead's says drug shows improvement in COVID-19 patients. Alphabet jumps as drop in Google ad sales steady. Fed to release policy statement at 2 p.m. EDT. Boeing jumps ...
(Reuters) - Juul Labs Inc is planning to cut around a third of its staff as the e-cigarette maker faces a relentless series of regulatory headaches and falling market share, the Wall Street Journal reported on Wednesday. The cuts, which translate into between ...
(Reuters) - British pubs group JD Wetherspoon (JDW.L) plans to raise 141 million pounds ($175 million) in a share placing as it tries to cope with the economic fallout from the coronavirus pandemic, which has forced all pubs to close. The company said on ...
In a surprise move, Luc Donckerwolke, 54, has left the Hyundai Group, where he oversaw global design activities. He had joined Hyundai and Genesis in January 2016 and took over as global design chief for all brands, including Kia, in October 2018, ...
GREENSBORO — The Greensboro Transit Agency has temporarily suspended all fixed-route services after an employee walkout linked to concerns about a driver who recently tested positive for COVID-19. GTA called the halt after "a large number of ...
New York-based investing startup Stash Investments is raising $112 million in a new round of funding led by LendingTree Inc. The round will value the company at more than $800 million, according to people familiar with the matter. Global asset management ...
General Electric (GE) posted bigger-than-expected drops in earnings and revenue for the first quarter, as the coronavirus hit to global commercial air travel stung key businesses. GE stock fell as cash burn was also slightly worse than the industrial giant ...
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. Hertz Global Holdings Inc. is preparing for a possible bankruptcy filing after the rental-car company failed to make lease payments to ...
Shares of aerospace and defense giant Northrop Grumman (NOC) - Get Report plunged on Wednesday after the company reported first-quarter earnings that missed analysts' forecasts, even as it registered higher sales from a year ago. Shares of the Falls ...
Valero. Energy Corp. on Wednesday reported a $1.9 billion loss in the first quarter as stay-at-home orders cut demand for automobile and jet fuel. The San Antonio-based independent refiner earned $141 million in the same quarter a year ago. The loss was ...
General Dynamics (GD) - Get Report missed analyst targets for first-quarter earnings and revenue as the coronavirus pandemic pushed off deliveries of its popular Gulfstream corporate jet. The Reston, Va., defense contractor reported net income of $706 ...
Delta Air Lines has requested federal permission to suspend flights to and from Orlando Melbourne International Airport, citing dwindling passenger counts during the coronavirus pandemic. Tuesday, Delta officials asked to suspend service at Melbourne and ...
RICHMOND, Va. (WWBT) - Today marks the 40th anniversary of the Make-A-Wish Foundation with a new campaign called 'Wishes Need Stars Like You'. Make-A-Wish started began in 1980 and has created life-changing wishes for over 300,000 children in ...
In the first 10 weeks of the year, Milwaukee-based Harley-Davidson was on pace for one of its best quarters of U.S. retail sales in the last six years. Retail sales were up 6.6% during that period in the U.S., but ended the quarter down 15.5%. Had the initial ...
Three major retailers are planning to increase their respective levels of testing for COVID-19. connecticut hospitals covid-19 Coronavirus image courtesy the CDC. Illustration by Bob Rozycki. CVS Health announced that it will begin offering self-swab tests, ...
Two more employees have tested positive for the novel coronavirus amid an active outbreak of COVID-19 at Smithfield Packing Company in Clinton, bringing the number of confirmed cases at the plant to seven. Smithfield Foods and the Sampson County ...
Chinese e-commerce giant JD.com Inc. filed a confidential application to list in Hong Kong, moving a step closer to a stock sale as early as June, according to people familiar with the matter. The Beijing-based online retailer, already listed on the Nasdaq Stock ...
By Elizabeth Culliford. April 28 (Reuters) - YouTube, the video service of Alphabet Inc's GOOGL.O Google, said on Tuesday it would start showing text and links from third-party fact checkers to U.S. viewers, part of efforts to curb misinformation on the site ...
LAS VEGAS (KLAS) — All Wynn Resorts employees in Las Vegas will have access to free COVID-19 testing, according to a news release from Wynn Resorts Las Vegas. The resort announced it has partnered with UMC and will be able to get tested at UMC ...
Virgin Atlantic is the latest airline to put greater resources into operating scheduled cargo routes after the industry started in March offering some on-demand cargo charters when the primary market for carrying people dried up with the coronavirus pandemic.
Toyota has announced pricing for its adventure-inspired Corolla Trek. Built in partnership with American bike manufacturer Trek, it arrives in the UK priced from £29,225. Based on the Corolla Touring Sports estate, the Corolla Trek uses a 1.8-litre petrol ...
The National Institutes of Health today announced a new initiative aimed at speeding innovation, development and commercialization of COVID-19 testing technologies, a pivotal component needed to return to normal during this unprecedented global ...
A federal judge has ordered a Utah company to stop selling silver products, including gels, that it says cures COVID-19 and that prosecutors allege is a "phony cure-all" designed to defraud consumers, the Justice Department said Wednesday. The April 27 ...
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