Finance

by | December 02, 2020 | 05:26

No illnesses have been reported related to the recalled spinach. The recalled spinach has best-by dates through December 5, so there is concern that consumers may have packages of the product in their homes. Infants, children, seniors, and people with weakened immune systems are at higher risk of serious illness because their immune systems are fragile, according to the CDC.

by | December 01, 2020 | 23:40

Companies can strike a deal within days - perhaps by the time Salesforce reports its third-quarter financial results on Tuesday, some people have said . In addition to its stock boost, Slack's possible acquisition by Salesforce could give it the momentum it needs to compete with Microsoft and Teams well into the future.

by | December 01, 2020 | 18:25

Republicans and Democrats similarly clashed on Friday over whether the outgoing Treasury chief's reading of the law required the phasing out of a welter of Fed facilities at year's end. Incumbent Treasury Secretary Steve Mnuchin said last week that he would allow some of the Fed's underutilized coronavirus lending programs to expire December 31 and allow Congress to spend the money on other assistance to businesses and individuals.

by | December 01, 2020 | 14:56

Tony Hsieh , the former head of Zappos who made it his mission to revitalize downtown Las Vegas as a tech-friendly enclave, died Friday night after sustaining injuries in a house fire. He got his start as an entrepreneur during college by running a pizza delivery business, and eventually he co-founded the online-advertising network LinkExchange , which he sold to Microsoft in 1998 for $265 million.

by | December 01, 2020 | 09:56

January Brent crude futures, which will expire later on Monday, dropped 58 cents, or 1.2%, to $47.60 a barrel by 0008 GMT. Brent and WTI are still set to rise more than 20% in November, the strongest monthly gains since May, boosted by hopes that three promising vaccines could support economic recovery and lift fuel demand.

by | December 01, 2020 | 04:08

The combination would bring together two world-class organisations, increasing the scale and "rounding out our combined capabilities", said S&P Global's CEO Douglas Peterson, who will become CEO of the enlarged company . S&P Global is renowned for providing debt ratings to countries and companies, as well as data on capital and commodity markets worldwide. IHS Markit, which had acquired Ipreo, also in recent years expanded in municipal space domestically and globally through buy- and ...

by | November 30, 2020 | 17:10

Black Friday shoppers in the US spent a record $ 9 billion this year, despite concerns of surging COVID-19 cases across the USA, according to data from Adobe Analytics . As per Adobe Analytics, customers across the US purchased around $9 billion worth of goods - around $27.50 per person - online on the day after Thanksgiving.

by | November 30, 2020 | 14:59

This weekend, the taxpayer will also lose tens of thousands of pounds from the management of Arcadia, due to insolvency time. As of Tuesday, the introduction of crown choices in patterns means Harvest Revenue and tariffs leapfrog before unsecured credit payers and payers who bankroll companies against their listings and stocks.

by | November 30, 2020 | 14:16

Tesla has recalled over 9,500 Model X and Y SUVs built in 2015 and 2016 and that company has filed the recall with the US National Highway Traffic Safety Administration (NHTSA). Shanghai (Gasgoo)- Tesla Motors (Beijing) Co., Ltd. plans to recall 870 imported Model Xs starting November 27, according to a recall plan registered in the State Administration for Market Regulation (SAMR), China's top quality watchdog.

by | November 30, 2020 | 08:22

For the week, the Dow Jones Industrial Average (DJIA ) advanced 2.21% and closed at 29,910 points. The Nasdaq gained 111.44 points, or 0.9%, to 12,205.85. It does bode well for next month. Most likely. Will it be as robust as November? Although European bourses were subdued by doubts around the effectiveness of AstraZeneca's vaccine, Meckler said it would not affect the United States stock market with traders betting on candidates being developed by Pfizer Inc and Moderna Inc.

by | November 30, 2020 | 02:23

In a blog post on the site, Microsoft explained that it will now allow employees to work from home for less than 50 percent of their working hours, or for managers to approve permanent remote work. "The Covid-19 pandemic has challenged all of us to think, live, and work in new ways", Kathleen Hogan, Microsoft's chief people officer, reportedly said in a note to employees.

by | November 30, 2020 | 01:31

The Walt Disney Company has announced that it will layoff a total of 32000 employees, which includes the previously announced 28000 at the parks, and they will primarily come from the Disney Parks, Experience, Products segment . In Paris, their theme park is closed as France as imposed strict lockdown. Earlier this month, Disney said it was furloughing additional workers from its theme park in Southern California due to uncertainty over when the state would allow parks to reopen.

by | November 29, 2020 | 23:52

The Moderna vaccine appears to be almost 95% effective. The Phase-3 clinical trial of BNT162b2 began on July 27 and has enrolled 43,661 participants to date, 41,135 of whom have received a second dose of the vaccine candidate as of November 13, 2020.

by | November 29, 2020 | 22:56

This incentive concerns both full time and part-time employees, with full-timers receiving $300, and part-timers receiving as much as $150 for the entire month's work. Like many of its rivals in the retail business, who had offered peril pay as an incentive for their workers so that they can still work in this pandemic, Amazon discontinued its bonuses after an economic outbreak inflated the levels of job seekers.

by | November 29, 2020 | 17:02

It said the license issued by the state government is a mandatory pre-requisite for permitting business operations by the aggregator. Travel aggregators may provide pooling facilities to the riders whose details and KYC are available and who shall be travelling along the same route but with varied stoppages from one point to another under a virtual contract through the app, the guidelines said.

by | November 28, 2020 | 19:21

Provincial health officials say 29 more people died from the virus, 11 of which were long-term care home residents. The latest data were released shortly after the province announced it is starting voluntary COVID-19 testing for asymptomatic students, faculty and staff in regions with high rates of transmission.

by | November 28, 2020 | 05:08

Almost two years ago, Automotive News Europe learned from Hyundai about the possibility of a pint-sized crossover for the Old Continent. Additional info will be disclosed soon, and there's a good chance the new little crossover is mechanically related to the i20.

by | November 28, 2020 | 03:50

During July-September, the services sector was the worst hit, with trade, hotels, transport, communication and broadcasting services posting the sharpest contraction of 15.6 per cent among the eight major sectors. In terms of the components of demand, unsurprisingly, the pace of contraction in private final consumption expenditure narrowed sharply in Q2 FY2021, benefitting from the pent-up demand related to the lockdown quarter.

by | November 28, 2020 | 02:31

Australia has the biggest market share in China of all wine-exporting nations. Two Indian merchant ships carrying Australian coal have been stuck at Chinese ports since the summer, with Chinese foreign ministry spokesman Zhao Lijian on Wednesday saying authorities had found "many cases where imported coal didn't meet our environmental protection standards".

by | November 27, 2020 | 20:55

Regulators in jurisdictions across the globe, however, pounced on the project and took action to halt the development of the digital currency. The exact launch date of Libra is still not known. So, due to regulatory concerns, the sources are saying that Libra will initially debut as a single U.S. dollar-backed digital currency. Spokespeople for the Libra Association did not immediately return a request for comment, the online publication added.

by | November 27, 2020 | 20:05

The Alert Ready system helps keep Canadians informed in the event of a large-scale emergency or life-threatening situation. Most compatible smartphones should also get the alert, which will show up as a notification with vibration and sound.

by | November 27, 2020 | 19:22

Unemployment claims dropped from a record 6.867 million in March as about 80% of the people temporarily laid off in March and April were rehired, accounting for most of the rebound in job growth over the last six months. Though the claims report showed the number of people receiving benefits after an initial week of aid declined 299,000 to 6.071 million in the week ending November 14, that was because many have exhausted their eligibility, which is limited to six months in most states.

by | November 26, 2020 | 15:26

Data also showed USA consumer spending , which accounts for more than two-thirds of domestic economic activity, increased solidly in October, but personal income fell. Market participants believe USA stocks have more room to climb. Bitcoin also held firm at $18,999, near its record peak of $19,666 touched nearly three years ago.

by | November 26, 2020 | 11:57

While the agreement secures 80 million doses upfront, an added option was granted allowing the Commission to purchase an additional 80 million vaccines. Vaccine doses, from companies within Europe and from outside, will be temporarily stored in a refrigerated warehouse, and if necessary packed in dry ice, before they're shipped out by road, rail or air.

by | November 26, 2020 | 03:29

However, he said pay rises in the rest of the public sector will be "paused" next year. The union for firefighters said it had been lobbying for more investment "but rather than fund the frontline responders to these emergencies, the Chancellor has chose to try and give them a real-terms pay cut".