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Unfriendly skies: Airline workers brace for mass layoffs About 40,000 workers in the airline industry are facing layoffs on Thursday unless Congress comes up with another aid package. By. TOM KRISHER and CATHY BUSSEWITZ AP Business Writers. September 29, 2020, 11:11 AM. • 7 min read. Share to ...
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Pfizer CEO on the pressures of creating a covid-19 vaccine: 'What is at stake is beyond imagination' Albert Bourla, 58, is chairman and chief executive of Pfizer, a multinational pharmaceutical company. Bourla is a doctor of veterinary medicine and began his career at Pfizer 27 years ago in his home country of Greece. Support our journalism. Subscribe today ...
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34 Major Companies—Including Wells Fargo, Amazon, Pfizer—Agree To Make Public Workforce Diversity Reports Following calls to back up public commitments to corporate diversity with data, a group of 34 major companies have agreed to publish government reports detailing the composition of their workforces—a commitment that nearly half of all S&P 100 companies ...
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JPMorgan Chase to pay record $920 million to resolve US investigations into trading practices JPMorgan Chase is set to pay a record $920 million to resolve probes from three federal agencies over its role in the alleged manipulation of global markets for metals and Treasurys. The figure was released Tuesday by the Commodity Futures Trading ...
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No Stellantis Board Seat For FCA CEO And Former Jeep Boss Mike Manley The music stopped for the merged board selection of orbiting car making groups Fiat Chrysler Automobiles and France's Groupe PSA and FCA's current CEO Mike Manley was left standing awkwardly to one side. The 11-member board contained six members ...
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Verizon debuts all-in-one 5G Home receiver, Wi-Fi router Verizon is trying to make it super easy for customers to install the equipment for its home internet service that uses mmWave spectrum. (FierceWireless). Share Facebook Twitter LinkedIn Email Print. Verizon executives have been talking about this for a while ...
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Consumer Confidence Index Up In September The Conference Board's Consumer Confidence Index increased in September, after slipping in August, according to the Consumer Confidence Survey released Tuesday (Sept. 29). The Index now stands at 101.8 (1985=100), up from 86.3 in August.
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United eyes return to JFK next year after a more than 5-year absence United ended service at New York's JFK in October 2015 after losing money there. United's New York-area operations are concentrated at Newark Liberty International Airport. A lull in service because of the pandemic could allow United to return to JFK, what ...
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GM pushes back contract signing with Nikola as it likely renegotiates General Motors has pushed back the closing date on its pending partnership with Nikola Corp., most likely to renegotiate the terms after Nikola's stock price has plummeted. The Phoenix-based electric-truck company faces allegations of fraud, but GM has said ...
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How to Get a COVID-19 Mortgage Forbearance Extension If you obtained a mortgage forbearance early on thanks to the Coronavirus, Aid, Relief, and Economic Security (CARES) Act, your initial payment suspension may be about to expire. To get additional forbearance relief, you must request it before your initial ...
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Multi-cloud still front of mind for VMware This week at VMworld 2020, VMware announced new innovations to help customers build, run, manage, connect, and protect any app on any cloud. More VMworld. Project Monterey: VMware's solution to the requirements of next-gen applications · Multi-cloud ...
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Bankruptcies surge by 40% in New York as region braces for more The pandemic has battered New York City businesses, with almost 6,000 closures, a jump of about 40% in bankruptcy filings across the region and shuttered storefronts in the business districts of all five boroughs. It's bound to get worse. This fall the city is ...
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Ninety Percent of US Cars Must Be Electric by 2050 to Meet Climate Goals The United States is not expected to electrify passenger cars fast enough to stay on track with the Paris climate accord's goal of limiting global warming to 2 degrees Celsius, according to a new study. Published in the journal Nature Climate Change yesterday, ...
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Cybersecurity Firm McAfee Is Going Public Again. What You Need to Know. McAfee, the cybersecurity software company backed by private-equity firms TPG and Thoma Bravo, will again become a public company. McAfee filed on Monday to raise $100 million through an initial public offering. The $100 million is a placeholder that will ...
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MGM Resorts shares plan to bring back conventions amid pandemic MGM Resorts International has a new plan to bring back meetings and conventions, two midweek revenue drivers that have been at a standstill during the pandemic. The casino operator's Convene With Confidence plan is meant to reintroduce these events to ...
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Square is bringing online ordering to in-person dining New feature lets people order from their phones at the table, which company says offers safety benefits in COVID-19 era. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon. Print icon; Resize icon ...
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Vista Outdoor Wins Bankruptcy Auction for Remington's Ammunition Business It will bring the historic Remington name into the portfolio alongside the market-leading Federal brand. Rich Duprey. (TMFCop). Sep 29, 2020 at 1:37PM. Author Bio. Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of ...
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NTT plans to turn NTT DoCoMo into wholly owned unit via tender: Report Japanese operator NTT expects to turn listed mobile carrier NTT DoCoMo into a wholly owned subsidiary via a tender offer of nearly JPY4 trillion ($37.9 billion), Nikkei Asian Review reported. NTT, which currently owns 66.2% of NTT DoCoMo, is considering ...
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What restaurants and customers need to know about the return of indoor dining The city's restaurants are set to reopen for indoor dining Wednesday after months of closure and a hard-fought battle with city and state officials. The return comes with a maze of restrictions, including strict guidelines concerning air filtration and capacity that ...
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Volkswagen Jetta will get the Taos' 1.5-liter turbo engine A 1.5-liter Jetta would be more powerful and more efficient. Volkswagen. When the Volkswagen Taos SUV makes its debut on Oct. 13, it'll have a new, 1.5-liter engine under its hood. And since this turbo I4 is essentially a reworked version of the 1.4-liter ...
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Hunt Valley-based McCormick & Co. sees sales boost amid coronavirus pandemic McCormick & Co. saw sales jump in the third quarter as consumers hunkered down to cook and eat at home during the pandemic. The Hunt Valley spice and flavorings maker also announced on Tuesday its first 2-for-1 stock split in 18 years, reflecting an ...
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Home A-Drone: Surveillance Invited into Our Houses In ancient European lore, vampires cannot enter a home without being invited in. Once invited, they are free to pass at will, feasting on the inhabitants. Of course this legend had a practical purpose – to teach the young and naïve not to invite strangers who ...
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Pinterest Adds Performance Metrics, Shoppable Features Pinterest on Tuesday announced the launch of ads alongside visual search results, as well as more places to shop across the site. This means several of the most used and visible places to shop, including the visual search tool Lens, now can include ads in ...
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LVMH files countersuit against Tiffany over $16.2 B deal NEW YORK — Luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE has filed a countersuit against Tiffany over their ruined merger deal, noting conditions necessary to close the $16.2 billion acquisition of the jewelry chain have not been met.
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Ismail, Crain's 40 Under 40, named Goldman's global head of consumer banking Omer Ismail, a Crain's 40 Under 40 honoree last year, was promoted Tuesday to global chief of consumer banking at Goldman Sachs. In addition, Goldman named Stephanie Cohen head of its consumer banking and wealth management division. She is the ...
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ArcelorMittal Rises 11% In A Day On Acquisition News; More Gains To Follow ArcelorMittal stock (NYSE: MT) increased 10.5% in a day on September 28, 2020. This was after the announcement of Cleveland-Cliffs deciding to buy ArcelorMittal's US operations in a $1.4 billion cash and stock deal, expected to close later this year.
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AngioDynamics quarterly sales jump 6.3% as demand rebounds amid Covid-19 slowdown AngioDynamics' revenue grew 6.3% to $70.2 million over the past three months as orders from hospitals and laboratories rebounded following a sharp decline from the Covid-19 pandemic. "We are still seeing the impact of Covid," president and chief ...
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Decatur receives $2.9 million in Coronavirus relief funds Decatur recently learned it's receiving $2,914,440 from the Coronavirus Relief Fund under the Coronavirus Aid, Relief, and Economic Security or CARES Act. Nearly a third of that, or $905,000, is earmarked towards reimbursing the city for its public safety ...
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Investigation underway after pedestrian struck by truck in Boston's Andrew Square BOSTON (WHDH) - Authorities are investigating after a pedestrian was struck by a tractor-trailer in Andrew Square in Boston on Tuesday. Officers responding to a report of a pedestrian struck on Southampton Street around 10:30 a.m. found the victim, whose ...
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IHOP introduces daily 'IHOPPY Hour' with $5 value meals Move over short happy hours. IHOP is introducing "IHOPPY Hour" with prices of meals and snacks that compare to fast-food chains, the company announced Monday. No, alcohol isn't a part of the new menu that debuts at the majority of restaurants nationwide ...
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Consumers Energy commits $12 million to help Michigan customers affected by COVID-19 JACKSON, Mich. (WILX) - Consumers Energy is providing $12 million to help Michigan residents and small businesses affected by the COVID-19 pandemic. The funding will take the form of temporary relief from energy shut-offs for non-payments, as well as ...
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Multiple Microsoft services go down across US A major outage left Microsoft users unable to access multiple services Monday, disrupting the workday for many, including police departments unable to rely on the national 911 system, some city officials said. At 7:20 PST, over five hours after the disruption ...
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Nordstrom says it will stop selling products made using animal fur or exotic animal skin Nordstrom announced today it will stop selling products made with animal fur or exotic animal skin by the end of 2021. The policy, the company said, will include Nordstrom, Nordstrom Rack and Last Chance stores as well as its online stores. "As a leading ...
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E-cigarettes heighten smoking risk: study E-cigarettes triple a non-smokers' chance of taking up smoking, a scientific study has found. Research conducted by the Australian National University and the University of Melbourne also shows there is insufficient evidence e-cigarettes help smokers quit.
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Hyundai Motor Group Announces New Horizons Studio to Develop Ultimate Mobility Vehicles MOUNTAIN VIEW, Calif., Sept. 28, 2020 /PRNewswire/ -- Hyundai Motor Group today announced the formation of New Horizons Studio, a new unit focused on the development of Ultimate Mobility Vehicles, or UMVs for short. Your browser does not support.
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