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Wednesday, September 30, 2020

DC Bar exam site bug exposed applicants' sensitive info, gov't IDs: report


DC Bar exam site bug exposed applicants' sensitive info, gov't IDs: report



Lawyers using the D.C. Bar exam website to apply for licenses to practice law say the site had a bug that exposed some applicants' sensitive information.

Technical glitch halts trading on Japan's exchanges

Stock markets in Tokyo and other cities suffered suspended trading on Thursday.

from BBC News - Business https://ift.tt/2HI0XfT

Coronavirus forces Fed to extend ban on bank stock buybacks, dividends


Coronavirus forces Fed to extend ban on bank stock buybacks, dividends



The Fed is keeping a lid on bank dividend hikes and stock buybacks.

Job loss fears as furlough lifeline starts to wind down

Firms face higher furlough costs from Thursday, as Labour warns millions of jobs hang in the balance.

from BBC News - Business https://ift.tt/2Gh7Ggp

Bank warned ministers Covid loans were fraud risk

The government was told in May its bounce back loans were at "very high risk of fraud" from organised crime.

from BBC News - Business https://ift.tt/36mKqZ8

How controversial data firm Palantir hit $22bn

The rise of the US tech company has been shadowed by concerns about privacy and surveillance.

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

'I worked a five hour shift and got paid nothing'

A 19-year-old woman begins a campaign to ban unpaid work trials after working a shift for no pay.

from BBC News - Business https://ift.tt/34fqvsm

Start with clients 'at the bottom of the fishtank'

Recruitment boss Richard Spencer-Percival says "start off at the bottom with your clients, then you can pick off the big game".

from BBC News - Business https://ift.tt/33hgNGN

'Chicken Licken' views will hold us back, says Bank economist

The Bank of England's Andy Haldane says now is not the time for pessimism about the UK's recovery.

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

TSB to close a third of branches and cut 900 jobs

The bank will shut 164 branches, adding to the 82 earmarked for closure in November.

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

Boohoo profit soars despite factory conditions row

Half-year profits rise 51% as the firm pledges to address issues over pay and working conditions.

from BBC News - Business https://ift.tt/2HIgg8u

Strong recovery in UK housing market, says Nationwide

Annual house price growth of 5% in September was the result of post-lockdown demand, Nationwide says.

from BBC News - Business https://ift.tt/34eW1XH

William Hill agrees $2.9bn takeover by Caesars Palace-owner

Owner of the famed Las Vegas casino set to acquire the UK firm after takeover battle.

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

William Hill backs Caesars' $3.7B takeover bid


William Hill backs Caesars' $3.7B takeover bid



The deal give the casino operator full control of a quickly expanding U.S. sports-betting and online business

Stock futures drop after Trump-Biden debate


Stock futures drop after Trump-Biden debate



Investors will get the first of this week's jobs-related data with the ADP report on private sector employment

Seven airlines close billions of dollars in loans with Treasury


Seven airlines close billions of dollars in loans with Treasury



Treasury Secretary Steven Mnuchin urges Congress to approve more aid for airline workers

Boeing to move all 787 Dreamliner production to South Carolina


Boeing to move all 787 Dreamliner production to South Carolina



Shift would end output of that jetliner in Seattle area as demand for planes plummets amid pandemic

Apple CEO Tim Cook given $75M in first stock grant since 2011


Apple CEO Tim Cook given $75M in first stock grant since 2011



Apple's Board of Directors wants to keep CEO Tim Cook happy.

US House Judiciary antitrust report likely to come out as soon as Monday October 5: source


US House Judiciary antitrust report likely to come out as soon as Monday October 5: source



The House antitrust subcommittee plans to hold a hearing on Friday on proposals to strengthen antitrust laws

Shell to cut up to 9,000 jobs as oil demand slumps

The move comes five months after it cut its dividend for the first time since World War Two.

from BBC News - Business https://ift.tt/2G9Qsl2

UK beef exports to US resume after more than 20 years

The US banned British beef exports in the wake of the Mad Cow Disease scandal in the 1990s.

from BBC News - Business https://ift.tt/2EQ3Z0I

Hydrogen-powered train makes UK maiden journey

The Hydroflex made a 25-mile round-trip in Warwickshire, reaching speeds of up to 50 mph.

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

Tuesday, September 29, 2020

Brexit: Blow to UK car industry in search for EU deal

Documents seen by the BBC suggest key priorities for the car sector have been rebuffed by Brussels.

from BBC News - Business https://ift.tt/3cU6bkt

Disney lays off 28,000 at US theme parks

Prolonged closures and limited capacity at the parks has forced the company to cut its workforce.

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

Extra facility opened for planes grounded by Covid-19

Analysts say it's an indication of more trouble ahead for the struggling airline industry

from BBC News - Business https://ift.tt/3idocv2

Trump: Coronavirus vaccine is a ‘very political thing’


Trump: Coronavirus vaccine is a ‘very political thing’



President Trump and Joe Biden on coronavirus vaccines during the first presidential debate.

Regeneron's COVID-19 drug effective in early disease stage 


Regeneron's COVID-19 drug effective in early disease stage 



Company says it is discussing the positive preliminary drug trial results with regulators.

JPMorgan to pay $920 million for manipulating precious metals, treasury market


JPMorgan to pay $920 million for manipulating precious metals, treasury market



JPMorgan will pay $436.4 million in fines, $311.7 million in restitution and more than $172 million in disgorgement, the Commodity Futures Trading Commission (CFTC) said on Tuesday, the biggest-ever settlement imposed by the derivatives regulator.

Universal Credit: Plea not to axe £20 a week ‘lifeline’

The Joseph Rowntree Foundation calls on the chancellor to extend an increase to Universal Credit.

from BBC News - Business https://ift.tt/3n5Orab

'The new Covid support for business is nuts'

Dejection over latest government help for business has left many small firms fearing for their futures.

from BBC News - Business https://ift.tt/33fNRyR

'If you steal music, you aren't a real music fan'

The music industry is trying to clamp down on the latest form of music piracy known as stream-ripping.

from BBC News - Business https://ift.tt/2Gb8ALk

B&M discount chain to open up to 45 stores

The discount chain says sales soared during the coronavirus lockdown.

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

Stocks seek direction ahead of Trump-Biden debate


Stocks seek direction ahead of Trump-Biden debate



The markets are seeking direction ahead of the first debate between President Donald Trump and Democratic candidate Joe Biden.

LVMH files countersuit against Tiffany & Co. claiming 'blatant breach' amid breakdown of huge deal


LVMH files countersuit against Tiffany & Co. claiming 'blatant breach' amid breakdown of huge deal



LVMH announced earlier in September it was backing out of what was expected to be a historic $16.2 billion deal.

Trump’s ‘secret voters’ may give him an edge: analysts


Trump’s ‘secret voters’ may give him an edge: analysts



As Trump and Biden prepare to face off in the first of three presidential debates, the race may be tighter than it appears.

Tesco targets 300% rise in vegan meat sales

The retailer wants to boost meat alternative sales by 2025 as part of a sustainability drive.

from BBC News - Business https://ift.tt/33cg8Gv

Amazon introduces ability to pay with your hands


Amazon introduces ability to pay with your hands



Instead of using a credit card or smartphone to pay for your goods, Amazon wants you to use your hands.

Nokia clinches 5G deal with BT to replace Huawei in EE network

The Finnish firm will become the largest provider of base stations and antennas to EE's network.

from BBC News - Business https://ift.tt/2Sc5etS

Greggs hints at job cuts as furlough scheme ends

The baker is consulting with its 25,000 staff to minimise cuts by putting people on fewer hours.

from BBC News - Business https://ift.tt/36jf71g

First-time buyers: 'Mortgages are so inaccessible now'

As lenders ask for higher deposits, first-time buyers say how difficult it is to get a mortgage now.

from BBC News - Business https://ift.tt/33gRbKh

Monday, September 28, 2020

Monat shampoo products cause hair loss, balding, hundreds of consumers claim


Monat shampoo products cause hair loss, balding, hundreds of consumers claim



Monat customers continue to accuse company of selling products that result in hair loss, balding.

Coronavirus: Early pub closing 'putting shop workers at risk'

Staff in stores selling alcohol after 10pm may be exposed to violence and infection, a union warns.

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

Citigroup’s Ray McGuire, with Bloomberg ties, preps NYC mayoral run


Citigroup’s Ray McGuire, with Bloomberg ties, preps NYC mayoral run



This Citi executive is eyeing Gracie Mansion as NYC battles a crime wave and a slumping economy.

Biden to Democrats: Focus on health law, not court expansion


Biden to Democrats: Focus on health law, not court expansion



Democratic presidential candidate Joe Biden wants voters to see Republicans’ push for a speedy Supreme Court confirmation as an end-run of Congress and the 2010 health care law.

What Trump pick Amy Coney Barrett could mean for future of the Supreme Court


What Trump pick Amy Coney Barrett could mean for future of the Supreme Court



The Supreme Court has been on a rightward trajectory particularly since the conservative Justice Samuel Alito succeeded center-right Reagan appointee Sandra Day O’Connor in 2006.

Google to block political ads starting the day after general election


Google to block political ads starting the day after general election



Google announced Friday that they will temporarily halt all political ads directly following Election Day in an attempt to prevent premature claims that a candidate has won.

Former Amazon manager and family members charged with insider trading


Former Amazon manager and family members charged with insider trading



Former employee’s family allegedly earned $1.4 million from unlawful trades.

Will Trump’s taxes dominate the presidential debate?


Will Trump’s taxes dominate the presidential debate?



WSJ Editorial Page assistant editor Dan Henninger weighs in on the Trump administration’s coronavirus testing efforts, President Trump’s tax records and the first presidential debate.

Young people ‘give up dream job hope’ in pandemic

The coronavirus crisis has eroded young people's confidence in the future, says the Prince's Trust.

from BBC News - Business https://ift.tt/33aVeHT

BTS to become multi-millionaires after label goes public

The South Korean K-pop group will become multi-millionaires after their label Big Hit goes public.

from BBC News - Business https://ift.tt/339oHlm

Covid: Public spending rise could last longer

The government must choose between more austerity and permanently higher spending, a think tank warns.

from BBC News - Business https://ift.tt/30gw7lb

'I monitor my staff with software that takes screenshots'

Many have struggled to get to grips with working from home, but would surveillance technology help?

from BBC News - Business https://ift.tt/3igFPd7

The woman who quit smoking and built a global hypnotherapy firm

Grace Smith used hypnosis to give up smoking, and it inspired her to take up the profession.

from BBC News - Business https://ift.tt/2GhWIH3

Navarro touts Lordstown Motors as part of 'a great future for the Mahoning Valley and Ohio'


Navarro touts Lordstown Motors as part of 'a great future for the Mahoning Valley and Ohio'



The acquisition of the former General Motors Lordstown plant by electric vehicle manufacturer Lordstown Motors and the launch of their Endurance pickup truck is part of the future of Ohio's automotive industry, White House Trade Adviser Peter Navarro told Fox Business Network's "Making Money with Charles Payne" Monday.

Billionaire Jeffrey Gundlach slams California over taxes, may leave state


Billionaire Jeffrey Gundlach slams California over taxes, may leave state



Billionaire bond fund manager Jeffrey Gundlach is considering packing his bags to escape the “incompetent governance” of California.

Stocks surge as investors hunt for bargains


Stocks surge as investors hunt for bargains



U.S. equity markets rallied Monday as investors were on the hunt for bargains after a fourth straight week of losses.

Stock market LIVE Blog: Techs lead Monday's rally


Stock market LIVE Blog: Techs lead Monday's rally



Follow the tick-tock of the markets on the FOX Business LIVE Blog.

Vista Outdoor wins Remington Ammunition


Vista Outdoor wins Remington Ammunition



Vista Outdoor will acquire Remington Outdoor's ammunition assets and the manufacturing facility in Lonoke, Arkansas and related intellectual property, including the Remington brand and trademarks.

FOX Business enhances portfolio tracker, real-time market data


FOX Business enhances portfolio tracker, real-time market data



FOX Business debuts a new suite of investing tools.

Asda: Blackburn brothers edge ahead in race to buy supermarket

The Issa brothers and TDR Capital are the preferred bidders to buy the UK supermarket chain from Walmart.

from BBC News - Business https://ift.tt/2S6c309

US squeezes China's biggest chip-maker SMIC

The commerce department writes to suppliers, warning of risks linked to the Chinese military.

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

Pfizer, Moderna lead coronavirus vaccine race: Infectious disease doctor


Pfizer, Moderna lead coronavirus vaccine race: Infectious disease doctor



Dr. Matt McCarthy, an infectious disease doctor, on coronavirus treatments, the reopening process in the U.S. and which companies have the technology to lead the vaccine race.

Trump admin to 'vigorously defend' TikTok executive order after judge blocks ban: Commerce Dept.


Trump admin to 'vigorously defend' TikTok executive order after judge blocks ban: Commerce Dept.



The Commerce Department will comply with a judge's decision to delay the administration's TikTok download ban for now.

Uber wins back London license


Uber wins back London license



Last November, London’s transit authority refused to renew Uber’s operating license over concerns about impostor drivers. 

Amazon Prime Day set for Oct. 13 - Oct.14


Amazon Prime Day set for Oct. 13 - Oct.14



After weeks of speculation, Amazon has officially announced that its Prime Day shopping event will take place from Oct. 13 to Oct. 14.

IBM’s five technology predictions


IBM’s five technology predictions



IBM Head of Research Dario Gil on the technologies that will change business and society in the next five years.

US bound to ‘successfully’ argue TikTok case: Atlas organization founder


US bound to ‘successfully’ argue TikTok case: Atlas organization founder



A federal judge blocked the Trump administration's app store ban on TikTok. Atlas Organization founder Jonathan Ward with more.

Uber secures right to continue operating in London

A court renews the ride-hailing giant's London licence despite previous safety concerns.

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

William Hill: Caesars Palace-owner in 'advanced' talks over £2.9bn offer

Owner of the famed Las Vegas casino reveals its hand as one of two possible bidders for the UK firm.

from BBC News - Business https://ift.tt/30ehVsV

Aldi looks at online move as shopping habits change

The pandemic hasn’t been easy for the discounters with no online food. Could Aldi go digital?

from BBC News - Business https://ift.tt/30gsgV3

Sunday, September 27, 2020

Brexit: Gove heads to Brussels as EU trade talks resume

Cabinet Office minister Michael Gove will meet EU representatives at the start of a week of negotiations.

from BBC News - Business https://ift.tt/337QDpT

TikTok: US judge halts app store ban

District Judge Carl Nichols has issued a temporary injunction preventing a ban on TikTok downloads.

from BBC News - Business https://ift.tt/3i6NMld

Donald Trump 'paid $750 in federal income taxes in 2016' - New York Times

The New York Times says the president paid no income tax at all in 10 of the last 15 years.

from BBC News - Business https://ift.tt/33865Cf

Movers 'more likely to buy than first-time buyers'

The coronavirus crisis is changing the dynamic in the UK housing market, researchers suggest.

from BBC News - Business https://ift.tt/2S0Xc7c

High Street hopefuls: The people opening new shops

The entrepreneurs opening High Street businesses during Covid when others have closed or gone digital.

from BBC News - Business https://ift.tt/2G4o7g6

Local food heroes: Tesco teams up with Olio

Supermarket chain Tesco has teamed up with the food-sharing app Olio in a bid to reduce food waste.

from BBC News - Business https://ift.tt/36cn2xu

'One day everyone will use China's digital currency'

China plans a digital version of its currency, which some say could become a big global payment system.

from BBC News - Business https://ift.tt/305Twpi

Coronavirus: 'My name was used to steal a government Covid loan'

Criminals are targeting loans designed to help small firms stay afloat in the coronavirus pandemic.

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

Apple iPad Air review roundup: Should you buy one?


Apple iPad Air review roundup: Should you buy one?



After Apple finally unveiled the new iPad Air earlier this month, reviews of the new tablet hit the web, with many reviewers praising the device for its price, function and feature set.

Coronavirus: David Lammy warns that people are 'bubbling out of pubs' due to curfew

Shadow justice secretary David Lammy says drinkers are likely to continue their night together at home.

from BBC News - Business https://ift.tt/2SgiP3L

US shale producer Devon in talks to acquire peer WPX - sources


US shale producer Devon in talks to acquire peer WPX - sources



The deal talks show how consolidation in the oil and gas industry is picking up

Negative interest rates: Bank of England policymaker defends plan

Silvana Tenreyro said evidence from countries that have introduced the policy was “encouraging”.

from BBC News - Business https://ift.tt/33XCwTe

Saturday, September 26, 2020

My Money: 'Hollie thinks she spent less than me'

Jay and Hollie from Liverpool take us through their week's spending.

from BBC News - Business https://ift.tt/2Ge3VYG

Brexit trade talks: Deal can and must be made, says CBI boss

The head of the Confederation of British Industry urges a "spirit of compromise" as trade talks resume.

from BBC News - Business https://ift.tt/3kOE6xw

Trump nominates Amy Coney Barrett to Supreme Court


Trump nominates Amy Coney Barrett to Supreme Court



Barrett has long been considered a front-runner for the seat after she was closely examined to potentially replace former Justice Anthony Kennedy on the high court.

Trump could intervene in Ohio fight over terminated Delphi pensions, Gov. DeWine says


Trump could intervene in Ohio fight over terminated Delphi pensions, Gov. DeWine says



Ohio's governor said the “The President was receptive to our message of the plight of these retirees."

Trump's new health care initiative 'fairly limited': Mulvaney


Trump's new health care initiative 'fairly limited': Mulvaney



Former Acting White House Chief of Staff Mick Mulvaney said on Friday that legislation is needed to "dramatically" change U.S. health care.

USPS workers will not have payroll taxes deferred


USPS workers will not have payroll taxes deferred



Other government agencies will implement the deferral.

White House has money to ‘repurpose’ for additional coronavirus stimulus, Kudlow says


White House has money to ‘repurpose’ for additional coronavirus stimulus, Kudlow says



About $130 billion worth of PPP funding went unused.

Senate advances stopgap funding bill to avoid government shutdown


Senate advances stopgap funding bill to avoid government shutdown



The U.S. Senate on Thursday voted to advance a stopgap funding bill to keep the federal government operating through Dec. 11

Facebook oversight board set to launch just before election


Facebook oversight board set to launch just before election



Facebook Inc’s independent Oversight Board is set to launch in October, just ahead of the November presidential election.

Arizona Democratic candidate launches first Snapchat AR lens for a Senate race


Arizona Democratic candidate launches first Snapchat AR lens for a Senate race



Arizona's Democratic Senate candidate Mark Kelly's campaign team launched its own Snapchat account on Wednesday, including the first-ever custom Snapchat AR lens from a Senate campaign.

Payroll tax deferral to have ‘no impact whatsoever’ on Social Security benefits: US Treasury


Payroll tax deferral to have ‘no impact whatsoever’ on Social Security benefits: US Treasury



Those taxes will eventually need to be repaid, the agency explained in a statement.

AG Barr not sold on TikTok deal, as company fights US ban


AG Barr not sold on TikTok deal, as company fights US ban



A TikTok-Oracle combo remains on ice as White House insiders pooh pooh the deal.

Everybody vs. the App Store: Why companies are taking issue with Apple's growing revenue engine


Everybody vs. the App Store: Why companies are taking issue with Apple's growing revenue engine



Critics say Apple wields monopoly power over the gateway that connects users to mobile apps, which the tech giant disputes.

U.S. tightens exports to China's chipmaker SMIC, citing risk of military use


U.S. tightens exports to China's chipmaker SMIC, citing risk of military use



Suppliers of certain equipment to Semiconductor Manufacturing International Corporation will now have to apply for individual export licenses.

Daimler's designated chairman Zetsche renounces job


Daimler's designated chairman Zetsche renounces job



Zetsche says Daimler’s top investors would have backed him to succeed Manfred Bischoff but that there may have been opposition from other shareholders.

Cheap dollar won’t revive NYC real estate market anytime soon


Cheap dollar won’t revive NYC real estate market anytime soon



A weaker U.S. dollar likely won’t give Manhattan real estate its usual boost after the New York borough emerges from its COVID-19 lockdowns. 

'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