Business


 

Entrepreneur's 'free rice ATMs' for Vietnam's poor

A Vietnamese businessman is installing rice-dispensing machines to help people who are struggling.
Tags: Business, Vietnam


Gold gains after U.S. Fed ramps up support measures

Gold rose on Tuesday after the U.S. Federal Reserve widened its program of buying corporate debt to combat the financial toll of the pandemic as worries grow about a second wave of coronavirus infections.
Tags: Money, businessNews, U S Federal Reserve, U S Fed


Trump team eyes $1 trillion infrastructure plan to spur economy, Bloomberg News says

The Trump administration is preparing a nearly $1 trillion infrastructure proposal as part of its push to spur the world's largest economy back to life, Bloomberg News said on Monday.
Tags: Money, businessNews, Trump, Bloomberg News


Rocket Lab ramps up satellite launch cycle to take on SpaceX

It's one of a growing number of companies exploring the smallsat launch market.
Tags: Space, News, Trends, Rocket Lab


Royalty Pharma prices at top of range in second-biggest pharma IPO ever

Royalty Pharma on Monday sold $2.18 billion in stock after its U.S. initial public offering (IPO) was priced at the top end of the range, making it the second-largest pharmaceutical listing ever.
Tags: Money, Ipo, businessNews, Royalty Pharma


Trump critical of FDA decision to revoke emergency use of drug he has promoted for COVID-19

The U.S. Food and Drug Administration on Monday revoked its emergency use authorization for hydroxychloroquine to treat COVID-19, but quickly came under fire from President Donald Trump, who said only U.S. agencies have failed to grasp its benefit in fighting the coronavirus.
Tags: Money, businessNews, Fda, Donald Trump, U S Food and Drug Administration




KKR-led consortium buys 6% stake in Vietnam's Vinhomes for $650 million

A consortium led by KKR has invested $650 million in Vietnam property firm Vinhomes, Vinhomes' parent Vingroup said on Tuesday.
Tags: Money, businessNews, Vietnam, KKR, Vingroup, Vinhomes Vinhomes


T-Mobile goes down, with thousands of customers affected

Services were reportedly disrupted across the U.S.
Tags: Mobile, News, Trends, T-mobile, Breaking, Down Detector


U.S. airlines threaten to ban passengers who refuse to wear masks

U.S. airline passengers who refuse to wear facial coverings during the novel coronavirus pandemic could have their flying privileges revoked, the industry's main lobby group said on Monday.
Tags: Money, businessNews


BOJ keeps policy steady, says to pump $1 trillion via lending facilities

The Bank of Japan kept monetary policy steady on Tuesday and stuck to its view that the economy will gradually recover from the damage caused by the coronavirus pandemic, signalling that it has taken sufficient steps for now.
Tags: Money, businessNews, Bank of Japan, BOJ


Defying Trump, Iran aims to keep offloading gasoline glut to Venezuela

Iran could send two to three cargoes a month in regular gasoline sales to ally Venezuela, sources say, helping offload domestic oversupply but risking retaliation from U.S. President Donald Trump who has sanctions on both nations.
Tags: Money, Iran, businessNews, Venezuela, Donald Trump, Defying Trump Iran


Australia's economic downturn possibly shallower than previously thought - RBA

Australia's economy was experiencing its biggest economic contraction since the 1930s although the downturn could be shallower than earlier expected, minutes of the central bank's latest meeting showed on Tuesday.
Tags: Money, Australia, businessNews, RBA


U.S., China to each allow four weekly flights for airlines; Delta to fly next week

The United States and China will each allow four weekly flights between the two countries, the U.S. Transportation Department said on Monday, easing a standoff on travel restrictions in the midst of the novel coronavirus pandemic.
Tags: Money, China, businessNews, United States, Delta, U S Transportation Department


Exclusive: Chesapeake Energy to file for bankruptcy as soon as this week - sources

Chesapeake Energy Corp is preparing to file for bankruptcy as soon as this week, said three people familiar with the matter, becoming the largest oil and gas producer to unravel after an energy market rout caused by the coronavirus outbreak.
Tags: Money, businessNews, Chesapeake Energy, Chesapeake Energy Corp


Asian shares jump, yields rise as Fed readies corp bond buying

Asian shares and Wall Street futures rallied on Tuesday as the formal start of the Federal Reserve's corporate bond buying programme boosted global investor sentiment and calmed earlier worries about a second wave of coronavirus infections.
Tags: Money, Wall Street, businessNews, Federal Reserve, Fed


GoFundMe froze $350,000 in contributions after Black Lives Matter supporters mistakenly donated to an unaffiliated group with the same name (AAPL, GOOG, GOOGL, MSFT)

GoFundMe has frozen $350,000 in donations to a group called Black Lives Matter Foundation after BuzzFeed News informed them the group is unaffiliated with the BLM movement. The foundation's founder told BuzzFeed News it has a different mission than the anti-white supremacy movement: "unity with the police department." Employees from companies including Apple, Google, Microsoft, and Dropbox, also raised over $4 million for the group through charity platform Benevity, which told Business Insider...
Tags: Microsoft, California, Drew Houston, Satya Nadella, Trends, Paypal, Trayvon Martin, Michael Brown, Black Lives Matter, BLM, Delaware, Business Insider, Santa Clarita, BuzzFeed News, Barnes, Santa Clarita California


O’Farrell to propose commemoration of ‘All Black Lives Matter’ march

Black Lives Matter protesters against police violence and for racial and gender equality march from Hollywood to West Hollywood on Sunday, June 14, 2020. (Photo by Axel Koester, Contributing Photographer) Zack Monterosso and Mari Rubani join Black Lives Matter protesters against police violence and for racial and gender equality on their march from Hollywood to West Hollywood on Sunday, June 14, 2020. (Photo by Axel Koester, Contributing Photographer) Sound The gallery will resume i...
Tags: Business, Hollywood, News, Protest, California, America, Los Angeles, Sport, Soccer, Black Lives Matter, Martin Luther King Jr, Black, Southern California, West Hollywood, Alexander, Farrell


Tesla negotiating incentives for possible Texas vehicle assembly plant - report

Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on Monday.
Tags: Texas, Money, Tesla, Austin, businessNews, Austin American Statesman, Tesla Inc


Covid 19 coronavirus: Air New Zealand resumes Auckland-Shanghai flights

Air New Zealand will resume passenger flights between Auckland and Shanghai next week.Because of strict border restrictions, the flights are aimed at Chinese nationals in New Zealand wanting to return to China, or Kiwis in China... [Author: [email protected]]
Tags: Business, China, Shanghai, New Zealand, Auckland, Air New Zealand, Auckland Shanghai


Six former eBay employees charged with cyberstalking Massachusetts couple

Six former eBay Inc employees have been criminally charged with cyberstalking a Massachusetts couple who published an online newsletter viewed as critical of the e-commerce company, federal prosecutors in Boston said on Monday.
Tags: Money, Ebay, Boston, Massachusetts, businessNews, EBay Inc


For Nomura's shoe-leather sales force, an uncertain future after coronavirus

For years Nomura Holdings Inc has relied on an army of retail salespeople to peddle stocks and bonds to investors sitting on one of the world's largest pool of household savings, generating revenue even in the bleakest of markets.
Tags: Money, businessNews, Nomura, Nomura Holdings Inc


Embraer secures $600 million loan as commercial aviation chief departs

Embraer SA said on Monday it had secured a $600 million (476.23 million pounds) loan, partly backed by Brazil's government, at the same time as a key executive departed the planemaker weeks after a potentially transformational deal with Boeing Co fell apart.
Tags: Money, businessNews, Brazil, Boeing Co, Embraer, Embraer SA


Huawei CFO raises new argument to fight U.S. extradition in Canada court

Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight extradition to the United States on bank fraud charges, court documents released on Monday showed.
Tags: Money, businessNews, Canada, United States, Huawei, Wanzhou, Huawei CFO


Andrey Khovratov Unveils NEEW – The New Economic Evolution Of The World

Andrey Khovratov, professional business and personal coach with over 20 years of experience in investments and business training, has announced the launch of the NEEW program – The New Economic Evolution of the World. Andrey Khovratov is a career coach and business trainer who has spent the last 20 years providing and sharing his extensive professional experience with thousands of people seeking to improve their business performance and unlock their true investment potential. Andrey Khovrato...
Tags: Startups, World, Self Improvement, Personal Improvement, Financial Literacy, Ideaspotting, Andrey Khovratov, Investment Literacy, NEEW


Taxpayers get more time to deal with COVID-delayed IRS notices

One of the reasons the Internal Revenue Service has called more of its staff back to their offices is so they can deal with the backlog of tax notices. When the agency sent most personnel home earlier this year as a coronavirus pandemic precaution, some previously-printed balance due notices didn't get mailed. Now with some IRS operations restarting across the county, these notices will be delivered to taxpayers by the U.S. Postal Service in the next few weeks. Original notices, old dates: Th...
Tags: Taxes, Congress, Irs, Don, Internal Revenue Service, U S Postal Service, EITC, COVID, Requested Credit Elect Refund Being Applied, Credit Elect Refund Being Applied, Cambios, Hemos Hecho Cambios, IRS Ways to pay that IRS


The future of media: more digital and more economic pain, Reuters Institute says

The coronavirus outbreak has prompted a significant increase in news consumption but the economic turmoil is forcing news businesses to accelerate their move to digital, The Reuters Institute for the Study of Journalism said.
Tags: Money, businessNews, Reuters Institute for the Study of Journalism, Reuters Institute


Feds: Senior eBay staff sent spiders, roaches to harass couple

Six former eBay Inc. employees have been charged with waging an extensive campaign to terrorise and intimidate the editor and publisher of an online newsletter with threats and disturbing deliveries to their home, including live spiders... [Author: [email protected]]
Tags: Business, Ebay, EBay Inc


SapphireNow Keynote: Professional, but in synch with the times?

I listened to Christian Klein's keynote from the virtual Sapphire event today - watch replay here. It was his first as CEO and he came across very well. Energetic, professional and very comfortable in a digital setting. His keynote focused... [Author: vinnie]
Tags: Microsoft, Trends, Oracle, Sap, Vinnie, Christian Klein, Enterprise Software (IBM, New Normal COVID-19


US Federal reserve moves to ensure companies can tap bond market for funds

The US Federal Reserve said on Monday that it will begin purchasing corporate bonds as part of a previously announced plan to ensure companies can borrow through the bond market during the coronavirus pandemic.The programme will... [Author: [email protected]]
Tags: Business, US, Us Federal Reserve



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