Business

Business
20 results total, viewing 1 - 20
European shares bounced back Tuesday, while Asian benchmarks extended their slide. Germany's DAX rose 1.1% to 12,679.53 and the CAC 40 in Paris picked up 0.5% to 4,816.09. Britain's FTSE edged 0.1% higher to 5,807.31. U.S. futures were little changed, with the contract for the S&P 500 …
LONDON (AP) — Mobile apps tracing new COVID-19 cases were touted as a key part of Europe’s plan to beat the coronavirus outbreak. Seven months into the pandemic, virus cases are surging again and the apps have not been widely adopted due to privacy concerns, technical problems and lack of …
LONDON — British Prime Minister Boris Johnson will announce new restrictions on social interaction Tuesday as the government tries to slow the spread of the coronavirus before it spirals out of control. Cabinet Office Minister Michael Gove told Sky News that pubs and restaurants across …
BERLIN (AP) — Public-service workers in Germany launched a campaign of short strikes on Tuesday to press their demand for a significant pay raise, with hospital and child care center employees and drainage workers among those set to walk off the job in parts of the country. The ver.di …
MANILA, Philippines (AP) — President Rodrigo Duterte says he has extended a state of calamity in the entire Philippines by a year to allow the government to draw emergency funds faster to fight the COVID-19 pandemic and harness the police and military to maintain law and order. Duterte …
Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. Hong Kong's Hang Seng lost 0.3% to 23,894.72 and the Kospi in South Korea sank 1.7% to 2,348.24. The S&P/ASX 200 in Australia lost 0.6% to 5,787.00 and the Shanghai Composite …
DETROIT (AP) — The union that represents Canadian auto workers has extended its contract with Ford beyond an 11:59 p.m. deadline, a sign that progress is being made toward an agreement. The Unifor union has scheduled a news conference for 10 a.m. Tuesday to discuss the talks. It picked …
BEIJING (AP) — The former chairman of a state-owned real estate company who publicly criticized President Xi Jinping’s handling of the coronavirus pandemic was sentenced to 18 years in prison on Tuesday on corruption charges, a court announced. Ren Zhiqiang, who became known for …
BEIJING (AP) — Critic of Chinese leader sentenced to 18 years on graft charges.
WASHINGTON (AP) — A former executive who worked in the private sector for Postmaster General Louis DeJoy was recently paid by President Donald Trump's reelection effort, according to a new campaign finance disclosure. Joe Hauck, who was formerly vice president of sales and marketing for …
LOS ANGELES — Hollywood’s unions have announced that they have reached an agreement on pandemic protocols with major studios that will allow the broad resumption of production of films and television after six months of stagnant sets and widespread unemployment. The Directors Guild of …
LOS ANGELES (AP) — Hollywood’s unions announced Monday that they have reached an agreement on pandemic protocols with major studios that will allow the broad resumption of production of films and television after six months of stagnant sets and widespread unemployment. The Directors …
NEW YORK (AP) — The novelty of television stars getting Emmy Awards delivered to their homes wasn't enough to keep the annual show from slipping further in popularity. The Nielsen company said 6.1 million people watched the Emmys on Sunday night, down from 6.9 million in 2019 and the third …
ST. LOUIS (AP) — A British man who was part of a hacking collective called The Dark Overlord was sentenced Monday to five years in prison for helping the group steal information from several companies in the U.S., including Missouri, Illinois and Georgia. Nathan Francis Wyatt, 39, was …
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell says that many mid-size U.S. businesses are now able to borrow from banks, suggesting that the need for a Fed lending program that was designed to serve struggling medium-size companies has waned. In remarks prepared for delivery …
The financial sector was hit hard Monday following a report alleging that a number of banks — JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon among them — have continued to profit from illicit dealings with disreputable people and criminal networks despite …
ATLANTIC CITY, N.J. (AP) — For decades, women have dealt cards or served drinks in casinos, but they rarely got the chance to run the joint. But women now run four of Atlantic City's nine casinos in what some industry executives and observers say could be the future of the gambling …
REDMOND, Wash. (AP) — Microsoft is buying the company behind popular video games The Elder Scrolls, Doom and Fallout. The software giant said Monday that it is paying $7.5 billion for ZeniMax Media, the parent company of video game publisher Bethesda Softworks. Microsoft said it is …
FRANKFURT, Germany (AP) — Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid allegations of fraud — just two weeks after signing a $2 billion partnership with General Motors. The company said late Sunday that Trevor …
Major cruise lines say they will test all passengers and crew for COVID-19 prior to boarding as part of their plan for resuming sailing in the Americas. The Cruise Lines International Association, a trade group that represents 95% of global ocean-going cruise capacity, said Monday that its …

Powered by Creative Circle Media Solutions