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Jack Dorsey says Trump fact-check does not make Twitter 'arbiter of truth' New York (CNN Business) Twitter CEO Jack Dorsey says that labeling two of President Donald Trump's tweets with fact checks does not make the social media company an "arbiter of truth." "Our intention is to connect the dots of conflicting statements and ...
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Oil drops as surprise US stock build douses demand recovery hopes MELBOURNE/SINGAPORE (Reuters) - Oil prices slid for a second consecutive session on Thursday as U.S. industry data showed a steep and surprising build-up in crude stockpiles, dampening hopes of a smooth demand recovery as the world begins to ...
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American Airlines to Cut 30% of Management and Administrative Staff American Airlines Group Inc. will cut its management and administrative staff by 30% as the airline prepares to shrink, with demand decimated by the coronavirus pandemic. American is among the airlines that have said they are starting to see signs that ...
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What To Expect Due To COVID-19 When You Check Into These Major Hotels As they reopen around the world, all hotels will have to guarantee safety to their guests in terms of cleanliness, decontamination and social distancing. Some are adopting practices that are especially thorough and state of the art. The Four Seasons Hotel New ...
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PRECIOUS-Gold prices edge up as Hong Kong dispute riles China-US ties ... * EU, Japan unveil new stimulus measures * SPDR gold holdings rise 0.2% on Wednesday * For an interactive graphic tracking the global coronavirus spread, open tmsnrt.rs/3aIRuz7 in an external browser (Adds details, comments; updates prices) By ...
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GLOBAL MARKETS-Stocks rally on EU stimulus plan, euro gains ... * Banking shares lead rally in U.S., Europe. * Hong Kong, China shares hit by new protests. * Brent crude futures slip 4%. * World FX rates in 2019: tmsnrt.rs/2egbfVh. By Herbert Lash. NEW YORK, May 27 (Reuters) - The euro and equity markets advanced ...
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Negative rates, extra QE unlikely in Australia as economy reopens: RBA SYDNEY (Reuters) - Australia's economic downturn is likely to be less severe than first thought, meaning negative interest rates or extra quantitative easing measures will likely not be required, the country's central bank chief said on Thursday. FILE PHOTO: ...
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GRAINS-Soybeans hit 2-week high on US planting delays, China demand ... * China boosts soybean reserves amid coronavirus pandemic. * Corn gains for fourth day as U.S. planting delays support (Adds details Chinese demand, quote on paragraph 3). By Naveen Thukral. SINGAPORE, May 28 (Reuters) - Chicago soybean ...
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China Arrests Yuan Tumble With Stronger-Than-Expected Fixing A stronger-than-expected fixing was enough to steady the yuan after increasing U.S.-China tensions sent the offshore rate toward a record low. The offshore yuan traded steady at 7.1809 a dollar as of 10:33 a.m. in Hong Kong after the People's Bank of China ...
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ConocoPhillips Completes Sale of Interests in Australia-West HOUSTON--(BUSINESS WIRE)--May 27, 2020--. ConocoPhillips (NYSE: COP) today announced the completion of the sale of its subsidiaries that hold its Australia-West assets and operations to Santos. The total consideration for the sale is unchanged; ...
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India Stocks Advance as Companies Gradually Open for Business Indian stocks rose, in line with most peers in Asia, amid optimism the restarting of business will help revive the economy. The S&P BSE Sensex Index added 1.1% to 31,965.78 as of 9:46 a.m. in Mumbai, while the NSE Nifty 50 Index gained by the same ...
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Force Majeure: How Arcane Law Could Make or Break Businesses in 2020 "Force majeure." The French term translates literally to "superior force," and, while the legal term may not be getting much ink in the first few months of the pandemic, this arcane legalese will likely become increasingly relevant to everyday investors as time ...
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LA Sues California Company, Alleging 'Sophisticated' COVID-19 Fraud The city attorney of Los Angeles announced Wednesday that his office is suing Wellness Matrix Group for allegedly engaging in a "fraudulent scheme" related to the COVID-19 pandemic that was both "sophisticated" and "wide ranging." The lawsuit alleges ...
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Starbucks mugs and tumblers are in hot demand from bargain hunters Forget Gucci, Chanel or Louis Vuitton. It's Starbucks that's emerged as a hot brand for bargain hunters. Shoppers in the past several weeks have flocked to popular resale marketplaces like Poshmark and OfferUp to score mugs, tumblers and cups bearing the ...
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103-year-old Red Sox diehard Jennie Stejna kicks coronavirus and kicks back with a Bud Light She was the first in her nursing home to test positive for coronavirus — and the first to recover. So Jennie Stejna, a 103-year-old great-great-grandmother to three kids and hardcore Boston sports fan known for listening to Red Sox games on the radio, ...
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COVID-19: New OSHA/CDC Guidance For Manufacturing and Industrial Facilities On May 12, the United States Department of Labor's Occupational Safety and Health Administration ("OSHA") and the Centers for Disease Control and Prevention ("CDC") issued joint "interim" guidance for manufacturing and industrial facilities "developing ...
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Exxon's sharehlders say no to appointing an independent chairman HOUSTON (Bloomberg) --Exxon Mobil Corp. shareholders voted against separating the roles of chairman and chief executive officer as the oil giant navigates a historic collapse in crude prices. Just 33% of investors backed the proposal to create an ...
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Ameristar Casino Hotel in KCMO to reopen next week KANSAS CITY, Mo. — Ameristar Casino Hotel in Kansas City, Missouri, plans to reopen next week with limited capacity and additional safety measures in place. Boyd Gaming Corporation, the parent company of the hotel and casino, said Wednesday that ...
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New fiber-optic line connects Alaska to Lower 48 by land MTA announced Tuesday that it has completed building Alaska's first fiber-optic connection to the Lower 48 that does not involve an undersea cable. Officials for the MatSu Valley-based telecom co-operative say the line adds internet reliability and capacity, ...
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ByteDance hit $3 billion in net profit last year By Katie Roof and Zheping Huang TikTok's parent ByteDance Ltd. generated more than $3 billion of net profit on over $17 billion in revenue last year, figures that show the world's most valuable startup is still growing at a brisk rate, according to people familiar ...
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ASX pulls back from early highs, still ahead 1.4pc Gas giant Santos has completed the acquisition of ConocoPhillips Northern Australia and Timor-Leste assets for US$1.265bn, a discount to the US$1.39bn deal announced in October. RBC Capital Markets notes the trade-off is an increased contingent ...
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San Antonio named among top solar cities For the seventh year in a row, the environmental advocacy organization placed San Antonio on its list of "shining cities." This year, the Alamo City hit its highest ranking, moving from seventh to fifth place for cities with most installed megawatts of solar power.
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KFC is testing a new chicken sandwich (CNN) — Don't count out the colonel in the chicken sandwich wars. KFC has begun testing a new, premium chicken sandwich in Orlando, Florida. The fast-food chain, which has chicken in its name, has surprisingly found itself playing catch-up against rival ...
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Micron raises third-quarter revenue forecast (Reuters) - Micron Technology Inc raised its revenue forecast for the third quarter on Wednesday to a range of $5.2 billion to $5.4 billion from $4.6 billion to $5.2 billion, sending its shares about 3% higher. The memory chipmaker said in a regulatory filing ...
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Virgin Orbit analyzing data to find cause of rocket failure (AP) — Virgin Orbit engineers were analyzing data Tuesday to find out what caused the maiden flight of its air-launched satellite booster to fail. The problem occurred soon after the LauncherOne rocket was released Monday from a Boeing 747 jetliner off the ...
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Bursa inches higher, glove makers top gainers KUALA LUMPUR: Bursa Malaysia eked marginal gains amid a mixed market as investors' risk appetite was tempered by the ongoing US-China tensions except for glove makers, which continued to see strong buying interest. At 9.28am, the FBM KLCI was ...
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113 new coronavirus deaths reported in Pennsylvania, state adds 780 cases The Pennsylvania Department of Health on Wednesday reported 113 new deaths and 780 additional cases of the coronavirus. The state has now had 69,417 total cases and 5,265 deaths. Deaths have been recorded in 54 of the state's 67 counties, and every ...
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