Finance

by | April 16, 2020 | 17:09

Many have wondered why WWE chose to release their Superstars en masse, especially since smaller companies like IMPACT Wrestling, New Japan Pro-Wrestling, NWA, and Ring Of Honor have not let any of their wrestlers go despite being in a worse financial position than WWE .

by | April 16, 2020 | 17:04

Within 24 hours of his comments a string of governors, who hold executive powers to run U.S. states, publicly disagreed with Mr Trump , warning him against trying to reopen states if they do not approve of the move. But participants in the calls - which took place in four rounds and included representatives from more than a dozen industries, including banking, sports, agriculture, and health care - painted a picture of a chaotic approach by the White House.

by | April 16, 2020 | 12:56

Local auto insurance providers who spoke with Eyewitness News Tuesday say during this time, many companies are offering refunds on premiums. They can refund premiums, reduce them or give customers a credit. It's all due to the coronavirus outbreak- and some experts say the savings will add up to more than $6.5 billion nationwide . Insurers have adopted different approaches to premium relief.

by | April 16, 2020 | 07:27

Earlier Tuesday, Google told employees based in its North America offices - more than 100,000 employees and the bulk of its workforce - to work remotely due to concerns over the coronavirus outbreak. The fund will also be used to pay hourly workers affected due to the changes in work schedules. "Working with our partners, this fund will mean that members of our extended workforce will be compensated for their normal working hours if they can't come into work for these reasons", ...

by | April 16, 2020 | 01:57

The government didn't detail the value of the federal top-up. When asked if there was anything you've been doing more in the last few weeks, 63 per cent said streaming shows and movies. "There may not be a traditional forecast here, but the bank's messaging is clearly "buckle your seatbelts", Brian DePratto, senior economist at Toronto-Dominion Bank, wrote in a note.

by | April 16, 2020 | 00:37

Trudeau stayed behind in Ottawa. Trudeau said that discussions would continue tomorrow with provincial leaders to ensure this boost happens quickly. "In the last few days, we received a new batch of swabs to make sure every province has the supplies they need to keep testing", he said. "We can not be in a rush to get things going again because if we move too quickly to loosen all these controls everything we are doing now might have been nothing", Trudeau said.

by | April 15, 2020 | 20:59

Wesley Self, emergency medicine physician at Vanderbilt University Medical Center, said in a statement . "This is a critical infrastructure job plant", she said. "The drug has demonstrated antiviral activity, an ability to modify the activity of the immune system, and has an established safety profile at appropriate doses, leading to the hypothesis that it may also be useful in the treatment of COVID-19", the NIH said in a news release last week, though warned: "The drug is not without ...

by | April 15, 2020 | 18:56

The risk-off sentiment had investors flocking to some traditional safe-haven plays, pushing the US dollar, treasuries and the Japanese Yen higher. Goldman Sachs said its global markets revenue jumped 28 % from a year ago. Monday's stock tumble came despite a historic agreement between Russia, Saudi Arabia and other oil producers to cut global oil production by 9.7 million barrels a day, effectively putting an end to an worldwide price war.

by | April 15, 2020 | 18:24

As of right now, there is no way to know when someone's stimulus deposit will arrive; however, by Friday, the IRS will have launched a tracking tool with which U.S. If you checked your bank account and don't have the stimulus check yet, it could come later on Wednesday. The direct deposit option also prevents the check from being stolen in the mail.

by | April 15, 2020 | 18:08

Global oil supplies are now outstripping global demand by as much as 30 million barrels per day, according to Alfa Energy chairman John Hall. "The OPEC + deal during Easter holidays brought no resurrection to oil prices on Tuesday, as they just are trading nearly 1% higher this morning".

by | April 15, 2020 | 17:25

Those now serving their sentences in an open prison will also be eligible for release to house arrest for two months, with the possibility of extending this for up to two further periods of two months. The law excludes prisoners convicted for sex and drug crimes, first degree murder, violence against women and terror acts. The rest will be released completely, though some will be under house arrest, to reduce overcrowding in prisons.

by | April 15, 2020 | 16:32

Saul Sanchez and Eduardo Conchas de la Cruz were the JBS employees killed by the coronavirus, according to the United Food and Commercial Workers Local 7 union. It processes beef at the Greeley plant. Cordova claimed in her letter that not all employees have correct safety tools. Tyson, the top US meat producer, is working to find more personal protective equipment for employees, spokesman Worth Sparkman said.

by | April 15, 2020 | 16:25

Costa also tweeted that she was matching donations up to $500 to support warehouse worker safety. It has also established a $25m fund focused on supporting the company's independent delivery and service partners, their drivers and seasonal employees under financial distress due to the coronavirus pandemic.

by | April 15, 2020 | 16:12

There are now 1.1 million N95 masks ready to be shipped to provinces, he said, with more coming. Ottawa also revealed Tuesday it's allocating almost $130 million to help the country's northern communities with food supply and medical facilities.

by | April 15, 2020 | 15:43

The IIF based its assessment on full compliance with the agreement to cut 9.7 million barrels per day of output from the markets by Opec + members in May and June. Compliance among OPEC member nations over the cartel's production quotas has always been a controversial topic, analysts agree. Inventories at the hub rose by about 5.4 million barrels in the week through Friday, traders said, citing Genscape data.

by | April 15, 2020 | 13:40

Opec and nations including Russian Federation have agreed to boost oil prices by cutting as much as 10 million barrels a day in production. The United States will reduce oil manufacturing to help Mexico in an effort to bolster a deal to spice up sagging global oil costs between numerous oil-producing worldwide locations and the participants of OPEC.

by | April 15, 2020 | 02:42

And governors made clear they wouldn't tolerate pressure to act before they deem it safe. In the event, though, that Trump tries to make states reopen in the middle of the pandemic, Cuomo warned that "if he tried an edict from the White House that put the people of the state of NY in jeopardy or violated what I thought was in their best interest, from a public health point of view, we would just be off to a lawsuit".

by | April 15, 2020 | 00:55

JPMorgan's profits in the first quarter almost evaporated due to a substantial increase in credit-loss provisions - that's money the bank has to set aside to cover potentially bad loans. The last time JPMorgan had to set aside that amount of money to cover potentially bad loans was the first quarter of 2009 - in the depths of the Great Recession.

by | April 14, 2020 | 23:58

It said it would hold a media teleconference at 0930 GMT, less than an hour before the finance minister is due to give an update on the government's plans to tackle the crisis. "This will likely also increase job losses, with further consequences for aggregate demand. The impacts will be particularly severe for small businesses, and individuals with earnings in the informal sector", he added.

by | April 14, 2020 | 22:15

Industry analyst Trilby Lundberg says gas prices have dropped 52 cents over the past seven weeks as demand declines amid widespread stay-at-home orders during the coronavirus pandemic. "The latest data reveals demand levels not seen since spring of 1968", said Jeanette Casselano, AAA spokesperson. On Sunday , the Organization of the Petroleum Exporting Countries plus (OPEC+), led by Saudi Arabia, announced historic global crude productions cuts - almost 10 million b/d in May and June.

by | April 14, 2020 | 21:26

Amazon is hiring 75,000 new employees to help with their large demand during the pandemic . To that end, Amazon says it has implemented a series of preventative health measures for employees with advice from medical experts, the US Centers for Disease Control and Prevention, and the World Health Organization.

by | April 14, 2020 | 18:40

The world economy is forecast to shrink 3% in 2020, erasing last year's growth of 2.9%. The IMF said that other regions are projected to experience severe slowdowns or outright contractions in economic activity, including Latin America (-5.2%) with Brazil's growth forecast at -5.3% and Mexico's at -6.6%; emerging and developing Europe (-5.2%) with Russia's economy projected to contract by -5.5%.

by | April 14, 2020 | 17:50

Along with that, USPS is reportedly in need of emergency funding, which could help out nearly 600,000 workers employed by the service. "I want to commend the fearless men and women of the Postal Service for all they are doing in the midst of this pandemic", said Carolyn Maloney , the oversight committee's chairwoman, after receiving a briefing from Brennan on Thursday.

by | April 14, 2020 | 17:52

Mr Trump's claim that he could force governors to re-open their states represents a dramatic shift in tone. The #FireFauci retweet came after Fauci told CNN on Sunday that the government could have saved lives if it had taken earlier action to contain the coronavirus outbreak .

by | April 14, 2020 | 17:14

Under the baseline scenario, which assumes the pandemic will fade in the second half of 2020, global economy is projected to grow by 5.8 percent in 2021, as economic activity normalises. The IMF also forecast that Ukraine's consumer price index will drop from 7.9% last year to 4.5% this year and rise to 7.2% in 2021. On a hopeful note, the International Monetary Fund noted that economic policymakers in many countries have engineered what it calls a "swift and sizable" response to the ...