Business News
Renault to cut 1,500 engineering jobs in France: union source
French carmaker Renault plans to cut 1,500 engineering jobs in France, a trade union source told Reuters on Tuesday.
Month: June 2020
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Stock market news live updates: Stock futures rise after report Trump administration is considering $1 trillion infrastructure package
Stock futures extended gains Tuesday morning followed a report that the Trump administration was poised to unveil a $1 trillion proposal for U.S. infrastructure work, in a move to help boost the domestic economy. …read more […]
Business News
U.S. health insurers may balk at paying for coronavirus antibody testing
U.S. health insurers may balk at covering tests that look for coronavirus antibodies in some cases, arguing that employers or the government should foot a bill expected to run into billions of dollars.
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Millions of abandoned oil wells are leaking methane, a climate menace
In May 2012, Hanson and Michael Rowe noticed an overpowering smell, like rotten eggs, seeping from an abandoned gas well on their land in Kentucky. The actual amount could be as much as three times higher, the EPA says, because of incomplete data. …read more […]
Business News
Did elite David Boies law firm get a pandemic bailout? It’s a secret
When the U.S. government announced a multibillion-dollar bailout of struggling small businesses amid the coronavirus pandemic, one of the top U.S. law firms sensed an opportunity.
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Andrew Sassine Is The CFO & Director of Arcturus Therapeutics Holdings Inc. (NASDAQ:ARCT) And They Just Picked Up 1.9% More Shares
Investors who take an interest in Arcturus Therapeutics Holdings Inc. (NASDAQ:ARCT) should definitely note that the… …read more […]
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United Airlines shows how flights will be different with COVID-19 measures in place
Yahoo Finance reporter Alexis Keenan talks with Mike Erbeck, United Airlines, VP at Newark Airport about the safety measures they are taking during the coronavirus pandemic to protect customers.
…read more […]
Business News
Futures jump on stimulus hopes ahead of retail sales report
U.S. stock index futures jumped on Tuesday on hopes that aggressive fiscal and monetary stimulus would kick start an economy crushed by the COVID-19 pandemic, with investors also expecting a record rebound in May retail sales.
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Two Things to Consider Before Hiring Your Family or Friends
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Given the passionate responses to Mark Ford’s essay on the pitfalls of hiring friends and Andy Snyder’s follow-up, I wanted to add my two cents on the subject.
So far it’s 2 against hiring friends and family and 0 for.
I certainly appreciate the catastrophes offered in the essays, but as the owner of a small family business I …read more […]
Business News
EU antitrust regulators to investigate Apple’s App Store, Apple Pay
Apple on Tuesday found itself the target of two EU antitrust investigations into its App Store and Apple Pay as regulators said its terms and conditions and restrictions may violate the bloc’s competition rules.
Business News
Apple says disappointed with EU antitrust investigations
Apple on Tuesday accused a few companies of filing groundless complaints and criticised EU antitrust regulators for listening to them and opening two investigations into its Apple Pay and App Store.
Business News
Volkswagen invests extra $200 million in U.S. battery company QuantumScape
Volkswagen is increasing its stake in U.S. company QuantumScape by up to $200 million to boost the development of solid-state battery technology that aims to increase the ranges of electric cars and shorten charging times, the German carmaker said https://bit.ly/2BcvqPY on Tuesday.
Business News
Cerberus vows no let up in push for change at Commerzbank
Cerberus will use “alternative paths” to force leadership change at Commerzbank if it continues to resist calls to reform, the activist investor said in a letter to Germany’s second-biggest bank seen by Reuters on Tuesday.
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IBM Snaps Up Spanugo Cybersecurity Provider Lifting Shares In Pre-Market
IBM Corp. (IBM) has signed an agreement to buy Spanugo, a US-based provider of cybersecurity solutions, to help meet the security demands of its public cloud business.The terms of the deal were not disclosed. IBM said that it will integrate the Spanugo software into its public cloud to support stringent safety requirements of its clients in highly regulated industries. Shares rose 2.4% to $124.62 in pre-market trading.At the end of last year, IBM said that it was building a financial services-specific public cloud, the first of its kind, to help address the requirements of institutions, such as banks, for regulatory …read more […]
Business News
Fed’s Powell set to reiterate long U.S. economic recovery, call for more fiscal support
Federal Reserve Chair Jerome Powell on Tuesday begins the first of two days of testimony before U.S. lawmakers in which he will map out how the United States faces an uncertain, uneven and prolonged economic recovery from the novel coronavirus crisis that will likely require continued monetary and fiscal support.