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Tuesday, June 30, 2020

George Floyd: Adidas human resources boss quits amid racism row

The announcement comes as pressure grows on global corporations to address racial inequality.

from BBC News - Business https://ift.tt/2YLjZrW

Mark Cuban: Trump made coronavirus pandemic worse


Mark Cuban: Trump made coronavirus pandemic worse



Dallas Mavericks owner Mark Cuban debates Fox News' Sean Hannity on Obamacare and President Trump's trade and economic decisions.

Coronavirus: How lockdown has affected my money

Radio 1 Newsbeat speaks to people who have become richer, poorer and spent more money in lockdown.

from BBC News - Business https://ift.tt/2BSWdBm

Alphabet subsidiary Verily suspends spot bonuses to fund diversity efforts


Alphabet subsidiary Verily suspends spot bonuses to fund diversity efforts



Annual bonuses will still be paid.

FCC's Pai sends message to Communist China with Huawei and ZTE actions


FCC's Pai sends message to Communist China with Huawei and ZTE actions



Federal Communications Commission Chairman Ajit Pai told FOX Business Tuesday that Chinese communications firms Huawei and ZTE are national security threats.

Coronavirus: How much does your boss need to know about you?

Firms are collecting a lot more information about staff as they try to contain coronavirus risks.

from BBC News - Business https://ift.tt/2CUcmH9

UK economy: 'We are battered, bruised, but wiser after lockdown'

A survey of 7,700 firms by the British Chambers of Commerce lays bare the economic impact of lockdown.

from BBC News - Business https://ift.tt/2Vy4cdP

'My business will close if I can't reopen soon'

Spas and complementary therapists say they will not survive the pandemic if they cannot reopen.

from BBC News - Business https://ift.tt/2ZrLXb5

U.S. ending special treatment of Hong Kong amid tensions with Beijing


U.S. ending special treatment of Hong Kong amid tensions with Beijing



The Department of Commerce and State Department announced actions Monday that will end U.S. special treatment of Hong Kong.

Who are the China hawks?


Who are the China hawks?



The coronavirus pandemic has ushered in a new era of skepticism of the Chinese government.

What is the National Guard?


What is the National Guard?



Many National Guard units have been activated in recent months to help states respond to crises like the coronavirus pandemic and riots.

Maria Bartiromo: Elizabeth Warren would be 'most important' economic voice in a Biden administration


Maria Bartiromo: Elizabeth Warren would be 'most important' economic voice in a Biden administration



Fox Business anchor Maria Bartiromo explains what a Biden administration could consist of.

Democrats want John Wayne's name, statue taken off airport


Democrats want John Wayne's name, statue taken off airport



Leaders of Orange County's Democratic Party want to drop Jon Wayne's name, statue and other likeness from the international airport, as a result of the film legend's racist and bigoted comments.

Boris Johnson says coronavirus has been 'disaster' for Britain


Boris Johnson says coronavirus has been 'disaster' for Britain



Prime Minister Boris Johnson acknowledged Monday that the coronavirus pandemic has been a “disaster” for Britain, as he announced a spending splurge designed to get the country back on track.

China to impose visa restrictions on US individuals over Hong Kong


China to impose visa restrictions on US individuals over Hong Kong



Beijing will impose visa restrictions on U.S. individuals with “egregious conduct” on Hong Kong-related issues.

Cineworld delays reopening of UK cinemas to 31 July

The cinema chain said it's pushed back the opening date to tie in with upcoming movie releases.

from BBC News - Business https://ift.tt/38aJHt0

Coronavirus: UK economic hit worse than first thought

The economy contracted by more than first estimated between January and March, revised figures show.

from BBC News - Business https://ift.tt/2BokXBl

Monday, June 29, 2020

Coronavirus: Geneva Motor Show 2021 scrapped and event to be sold

The organisers of one of the world's biggest car shows have seen weak demand for next year's event.

from BBC News - Business https://ift.tt/2Zgkucw

YouTube bans prominent white supremacist channels

The move comes as internet companies face a backlash over racist content and hate speech.

from BBC News - Business https://ift.tt/2NIj2KI

Hong Kong’s Carrie Lam hesitant to discuss national security law in detail


Hong Kong’s Carrie Lam hesitant to discuss national security law in detail



Hong Kong’s chief executive Carrie Lam says while she doesn’t want to specifically comment on Hong Kong’s national security law, she says it is meant to improve legal systems and enforcement mechanisms in the area.

Postmates reportedly ready to deliver a merger -- or an IPO


Postmates reportedly ready to deliver a merger -- or an IPO



The popular food delivery service appears to be play according to two published reports.

China's June factory activity quickens, but exporters struggle amid pandemic


China's June factory activity quickens, but exporters struggle amid pandemic



The 50-point mark separates expansion from contraction on a monthly basis

Adidas, Reebok join Facebook ads boycott in July


Adidas, Reebok join Facebook ads boycott in July



Facebook faces corporate backlash over policies on hate speech, misinformation on platform.

Clorox pulls Facebook ads as boycott grows


Clorox pulls Facebook ads as boycott grows



Clorox said it will shift its advertising to other platforms.

Cirque du Soleil files for bankruptcy protection


Cirque du Soleil files for bankruptcy protection



Cirque du Soleil Entertainment Group filed for bankruptcy protection in Canada on Monday.

Kweichow Moutai: 'Elite' alcohol brand is China's most valuable firm

Kweichow Moutai's share price rockets thanks to its popular and sought-after baijiu drink.

from BBC News - Business https://ift.tt/3ieIhlP

Nikola taking $5,000 deposits on electric pickup trucks that don’t exist yet


Nikola taking $5,000 deposits on electric pickup trucks that don’t exist yet



Nikola Motors is taking deposits for a new hydrogen fuel cell-powered and electric pickup truck that doesn't even exist yet. 

What is cybercrime?


What is cybercrime?



Cybercrime generally refers to any crime that involves computers and the Internet.

Wirecard: Financial watchdog lifts restrictions on payments

Thousands of people were barred from using their cash cards because of the collapse of Wirecard.

from BBC News - Business https://ift.tt/2YKOBtm

‘Trump political base hit hardest by coronavirus'

Covid-19 has hit President Trump's political base the hardest, says White House economic adviser.

from BBC News - Business https://ift.tt/2NHEv6s

Coronavirus: A visual guide to the economic impact

Key maps and charts explain how the virus has impacted markets and businesses around the world.

from BBC News - Business https://ift.tt/32LO6zX

Where are the next jobs in America?


Where are the next jobs in America?



Glassdoor Chief Economist Andrew Chamberlain on where the jobs are in America including sectors like e-commerce, health care and IT.

Byron Burger 'files notice to appoint administrators'

The burger chain wants some protection from creditors as it seeks a rescue deal.

from BBC News - Business https://ift.tt/2BnJmHf

Wirecard: 'It’s really bad. I’m left with nothing'

Thousands of people have been barred from using their cash because of the collapse of Wirecard.

from BBC News - Business https://ift.tt/3ieQRAP

Kim Kardashian West sells $200m stake in cosmetics brand

The reality TV star and businesswoman will sell 20% of her business to beauty giant Coty.

from BBC News - Business https://ift.tt/2ZedjBC

Wall Street opens higher on hopes of stimulus, rebound


Wall Street opens higher on hopes of stimulus, rebound



The Dow Jones Industrial Average rose 136.90 points, or 0.55%, to 25,152.45 at the open.

Apple, AT&T, Jack Daniel's: fed issues details on bond buys


Apple, AT&T, Jack Daniel's: fed issues details on bond buys



The Federal Reserve will purchase corporate bonds from roughly 750 companies in the coming months to keep borrowing costs low and smooth credit flow.

Coty to buy 20% stake in Kim Kardashian West's beauty line: Report


Coty to buy 20% stake in Kim Kardashian West's beauty line: Report



The deal values West's cosmetics company at $1 billion

Airbus sees output down 40% for two years as job cuts loom


Airbus sees output down 40% for two years as job cuts loom



The sources have predicted phased cuts of between 14,000 and 20,000 jobs based on the production targets

Gunmen attack Pakistani stock exchange, six killed: police


Gunmen attack Pakistani stock exchange, six killed: police



The gunmen initially threw a grenade then opened fire on a security post outside the building

Stock futures rise to start new week following selloff


Stock futures rise to start new week following selloff



The June employment report will be released on Thursday

Gas prices rise, but could slow soon


Gas prices rise, but could slow soon



The price has risen to $2.22 per gallon

Gambling watchdog 'toothless' in helping vulnerable, MPs say

A report from MPs also criticises the regulator's approach to preventing problem gambling.

from BBC News - Business https://ift.tt/38eGb0O

How hackers extorted $1.14m from University of California, San Francisco

BBC News witnesses a negotiation between ransomware hackers and a 'cash-strapped' university.

from BBC News - Business https://ift.tt/2Zy4d2X

Lookers fraud probe reveals £19m hole in accounts

The struggling car dealership found profits were overstated for several years.

from BBC News - Business https://ift.tt/3891u3y

'My chronic acne inspired me to start my own skincare company'

How Michelle Doherty overcame her skin problems and launched skincare business Alpha-H.

from BBC News - Business https://ift.tt/2NEJIM8

Pakistan attack: 'Gunmen killed' in raid on stock exchange in Karachi

Armed men storm the country's financial hub, killing at least two before police shoot them dead.

from BBC News - Business https://ift.tt/2ZbCuEI

Sunday, June 28, 2020

Coronavirus: Restaurants are 'hurting', says Deliveroo boss

Chief executive Will Shu told the BBC that there will be "a long period of socially-distanced dining".

from BBC News - Business https://ift.tt/3gjN1F9

Twitter apologizes for adding coronavirus fact-check labels to tweets that weren't misleading


Twitter apologizes for adding coronavirus fact-check labels to tweets that weren't misleading



Twitter has apologized for accidentally labeling some tweets about the coronavirus pandemic and 5G as misleading content. 

TikTok adds full Prince catalog: Here comes the 'Purple Rain' again


TikTok adds full Prince catalog: Here comes the 'Purple Rain' again



Artist behind blockbuster movie was known for 'breaking boundaries'

Fox Business Flash top headlines for June 27


Fox Business Flash top headlines for June 27



Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com.

Extra £14bn needed a year for climate, report says

A report by the Green Alliance think tank argues that extra cash is required for clean transport.

from BBC News - Business https://ift.tt/3gbiMQj

Coronavirus: Can you really do these jobs from home?

Coronavirus has forced people to get creative with the way they work, with some surprising jobs going online.

from BBC News - Business https://ift.tt/3g7R07A

Who needs Wimbledon? Strawberry sales soar

The cancellation of events like weddings and Wimbledon has not stopped strawberry sales soaring.

from BBC News - Business https://ift.tt/3g7QZ3w

Fracking trailblazer Chesapeake Energy files for bankruptcy


Fracking trailblazer Chesapeake Energy files for bankruptcy



Chesapeake Energy Corp. said Sunday that it had filed for bankruptcy protection as an oil- and gas-price rout stoked by the coronavirus pandemic proved to be the final blow for a shale-drilling pioneer long hamstrung by debt.

Coronavirus forcing 'greatest movement ever' by biomedical industry, government: Michael Milken


Coronavirus forcing 'greatest movement ever' by biomedical industry, government: Michael Milken



The philanthropist and chairman of the Milken Foundation said there are more than 400 potential coronavirus treatments and more than 150 vaccines in development.

Starbucks pausing all social media ads as pressure on Facebook, Twitter grows


Starbucks pausing all social media ads as pressure on Facebook, Twitter grows



Starbucks said "more must be done to create welcoming and inclusive online communities."

Trump's second-term agenda includes bringing back offshored jobs, taking on China: Navarro


Trump's second-term agenda includes bringing back offshored jobs, taking on China: Navarro



President Trump continues to tout pre-pandemic declines in unemployment among black and Hispanic Americans.

Starbucks suspends social media ads over hate speech

The coffee company said it would suspend advertising on some platforms in an effort to address hate speech.

from BBC News - Business https://ift.tt/2Zj1g68

Twitter apologizes for adding coronavirus fact-check labels to tweets that weren't misleading


Twitter apologizes for adding coronavirus fact-check labels to tweets that weren't misleading



Twitter has apologized for accidentally labeling some tweets about the coronavirus pandemic and 5G as misleading content. 

Boeing set for critical 737 Max flight tests

US regulators may start tests this week as Boeing bids to clear a milestone for the crisis-hit aircraft.

from BBC News - Business https://ift.tt/2ZkgAiC

Pepsi quietly joining Facebook ad boycott: sources


Pepsi quietly joining Facebook ad boycott: sources



PepsiCo, Inc. is quietly joining the growing number of companies pulling ad dollars from Facebook, people close to the matter tell FOX Business.

Boeing 737 MAX certification flight tests to begin Monday: sources


Boeing 737 MAX certification flight tests to begin Monday: sources



Pilots and test crew members from the U.S. Federal Aviation Administration and Boeing Co are slated to begin a three-day certification test campaign for the 737 MAX on Monday, people familiar with the matter told Reuters.

Coronavirus: PM 'will not return to austerity of 10 years ago'

Boris Johnson is to set out his plans for a post-lockdown economic recovery in a speech next week.

from BBC News - Business https://ift.tt/2BgFWGm

Saturday, June 27, 2020

Trump threatens state, local funding over failure to protect monuments


Trump threatens state, local funding over failure to protect monuments



Individuals who deface public property may also go to jail, the president said.

NYC to enter 'Phase 3' of reopening in early July, de Blasio says


NYC to enter 'Phase 3' of reopening in early July, de Blasio says



De Blasio said the city is “on track for Monday, July 6” to enter Phase 3.

Virginia judge dismisses Twitter from lawsuit filed by Nunes


Virginia judge dismisses Twitter from lawsuit filed by Nunes



Henrico County Circuit Judge John Marshall on Wednesday ruled Twitter is not liable for allegedly slanderous tweets about Nunes that were posted anonymously.

Texas Gov. Abbott orders bars to close, limits businesses amid surge in coronavirus cases


Texas Gov. Abbott orders bars to close, limits businesses amid surge in coronavirus cases



Abbott also put a stop to elective surgeries in the state’s largest counties for the time being in order to protect hospital space in the Dallas, Houston, Austin and San Antonio areas.

Coronavirus: The foods we are all eating during lockdown

During the coronavirus lockdown our eating habits have changed, so who has been benefiting from it?

from BBC News - Business https://ift.tt/2YDA9mW

Being black in business is being 'on your own'

The coronavirus pandemic is expected to widen America's longstanding economic disparities.

from BBC News - Business https://ift.tt/2NGMYGN

TikTok adds full Prince catalog: Here comes the 'Purple Rain' again


TikTok adds full Prince catalog: Here comes the 'Purple Rain' again



Artist behind blockbuster movie was known for 'breaking boundaries'

Fox Business Flash top headlines for June 27


Fox Business Flash top headlines for June 27



Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com.

Don't fall prey to 2020's Top 5 scams


Don't fall prey to 2020's Top 5 scams



Hackers are just looking for us to drop our guard long enough to slip us some malware. 

Nike warns of job cuts during shift to digital 'swoosh'


Nike warns of job cuts during shift to digital 'swoosh'



Nike warned of job cuts Friday after the sportswear retailer reported a $790 million quarterly net loss.

L'Oreal to remove words like 'whitening' from skin products


L'Oreal to remove words like 'whitening' from skin products



The company said in a statement Saturday that it "has decided to remove the words white/whitening, fair/fairness, light/lightening from all its skin evening products.”

Coronavirus: Holiday bookings 'explode' as travel restrictions ease

Travel companies hail Britons will be able to visit some European countries without self-isolating on their return.

from BBC News - Business https://ift.tt/31zcFBF

Amazon, SoftBank held talks over Russian online retailer Ozon, shareholder says


Amazon, SoftBank held talks over Russian online retailer Ozon, shareholder says



Ozon chief executive Aleksandr Shulgin reportedly met with his Amazon counterpart, Jeff Bezos, “five or six months ago.”

Delta will warn pilots about possible furloughs, offers early retirement


Delta will warn pilots about possible furloughs, offers early retirement



About 2,500 pilots will receive warning notices.

Bar owners worry as virus surges in their workplaces


Bar owners worry as virus surges in their workplaces



Bar and restaurant owners fault bars that ignored rules, and officials for a lack of guidance and support.

EU narrows down border list, US unlikely to make the cut


EU narrows down border list, US unlikely to make the cut



European Union envoys are close to finalizing a list of countries whose citizens will be allowed to enter Europe again.

Coca-Cola suspends social media advertising despite Facebook changes

The drinks maker condemns racism, and demands greater accountability from social media platforms.

from BBC News - Business https://ift.tt/3g7aRnp

5G should evolve in a local, robust ecosystem: Expert


5G should evolve in a local, robust ecosystem: Expert



Telecom analyst and founding partner of MoffettNathanson LLC Craig Moffett discusses the risk of relying on Huawei and says there aren’t always ways to generate revenue to support all the capital investment needed to build 5G networks.

'I'm trapped in a joint mortgage with my abuser'

An abuse survivor describes her ordeal as a charity calls for action to tackle financial abuse. from BBC News https://ift.tt/bWL1OrA