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Saturday, October 31, 2020

'My parents had hearts of gold, they didn't deserve it'

How people are dealing with the effects of coronavirus in one New York neighbourhood.

from BBC News - Business https://ift.tt/2TJaVR8

News-sharing social media site rejects censorship, algorithms


News-sharing social media site rejects censorship, algorithms



This social media site won't censor the news articles you share.

Young politicos leverage TikTok to reach Gen-Z voters


Young politicos leverage TikTok to reach Gen-Z voters



Young TikTok users are helping get out the youth vote for their respective parties.

Stock market predictor of next US president too close to call


Stock market predictor of next US president too close to call



Stock-market investors will be glued to their computer screens Monday, searching for omens that might signal whether Donald Trump will remain president or cede the office to Joe Biden.

Amazon's latest luxury push is slow to win big fashion brands


Amazon's latest luxury push is slow to win big fashion brands



The e-commerce giant’s new Luxury Stores launched with Oscar de la Renta, but few big fashion houses have so far followed suit.

Chinese manufacturing expands in October but at slower pace


Chinese manufacturing expands in October but at slower pace



The economy has gradually recovered since the peak of the coronavirus outbreak in China

Dunkin' Brands to go private in $8.76B deal by Arby's owner


Dunkin' Brands to go private in $8.76B deal by Arby's owner



Dunkin' and Baskin-Robbins will operate as distinct brands within Inspire

US judge blocks Commerce Department TikTok order


US judge blocks Commerce Department TikTok order



The judge's order in a suit brought by three TikTok content creators, also blocks the app store download ban

'A new lockdown will be far worse for businesses'

Several entrepreneurs tell the BBC what is at stake, for their industry and wider society.

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

Regeneron COVID-19 drug trial halted in sickest patients


Regeneron COVID-19 drug trial halted in sickest patients



pended testing of its Covid-19 antibody drug in the sickest hospitalized patients because of a safety concern, the latest setback for antibody-drug trials in patients with the most advanced disease.

Twitter censors top CBP official's tweet promoting border security


Twitter censors top CBP official's tweet promoting border security



Former Immigration and Customs Enforcement Acting Director Ronald Vitiello sounds off on 'The Evening Edit'

Bedford: Twitter's censorship of New York Post was 'baldly political'


Bedford: Twitter's censorship of New York Post was 'baldly political'



The Federalist editor Christopher Bedford sounds off on 'The Evening Edit' after paper's account unlocked

Twitter unlocks New York Post's account amid Hunter Biden controversy


Twitter unlocks New York Post's account amid Hunter Biden controversy



Former Utah US Attorney Brett Tolman reacts on 'The Evening Edit'

Friday, October 30, 2020

Half of social media users in three election battlegrounds see ads questioning results


Half of social media users in three election battlegrounds see ads questioning results



An October survey conducted by British market research company YouGov has found that over half of social media users in three key battleground states have seen advertisements putting the validity of the 2020 presidential election into question.

Big Tech censoring social media accounts is ‘un-American’: Mark Morgan


Big Tech censoring social media accounts is ‘un-American’: Mark Morgan



Acting CBP Commissioner Mark Morgan argues his Twitter account being suspended goes against ‘the founding constitutional principles of this country.’

Eurozone bounces back to economic growth

The region saw 12.7% growth from July to September but GDP is still smaller than before the pandemic.

from BBC News - Business https://ift.tt/387Tylt

Eco-friendly diamonds made from the sky

Eco-friendly diamonds made from carbon sucked out of the air have been created in the UK.

from BBC News - Business https://ift.tt/34D9ObQ

House prices climb to record high, says Nationwide

House prices rise at their fastest rate for five years as buyers race to avoid paying stamp duty.

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

NatWest warns of 'challenging times' amid surprise profit

Bank posted a £355m profit before tax for July to September even though analysts expected a loss.

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

Stock futures plunge led by tech shares


Stock futures plunge led by tech shares



Traders will also get the latest income & spending numbers, plus consumer sentiment

Thanksgiving feast or famine? Turkey industry left to guess


Thanksgiving feast or famine? Turkey industry left to guess



Anxious turkey farmers and grocers scrambling to predict what people will want on their holiday tables.

Chinese promise market opening amid technology push


Chinese promise market opening amid technology push



The comments reflect growing official urgency about nurturing Chinese producers of processor chips and other technology

Covid: The 400,000 seafarers who can't go home

Unions say Covid has in effect trapped thousands of seafarers on ships - waiting to go home.

from BBC News - Business https://ift.tt/3jH4s3A

Japan's first passenger jet in decades put on hold

Plans for the Mitsubishi SpaceJet have been frozen due to budget cuts amid the virus downturn.

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

Thursday, October 29, 2020

Instagram pauses 'recent' search listings on US site to stop fake election news


Instagram pauses 'recent' search listings on US site to stop fake election news



Instagram's "Recent" tab arranges hashtags in chronological order and amplifies content

Twitter shares plunge as user growth slows


Twitter shares plunge as user growth slows



Twitter had 187 million daily users, on average, in the third quarter, but below analysts’ expectations of 195.6 million.

Delta, pilots union reach tentative deal to avoid furloughs until 2022


Delta, pilots union reach tentative deal to avoid furloughs until 2022



The agreement is subject to approval by union members.

SpiceJet: Indian airline turns to seaplanes to boost travel

SpiceJet will fly the aircraft to the site of the world's tallest statue among its new routes.

from BBC News - Business https://ift.tt/3mDim8y

Starbucks sees hotter-than-expected earnings for 2021


Starbucks sees hotter-than-expected earnings for 2021



Starbucks Corp forecast 2021 earnings largely above estimates on Thursday, helped by strong online orders and a recovery in demand following the initial hit from the COVID-19 pandemic.

Amazon scores record sales for any three-month period ever


Amazon scores record sales for any three-month period ever



The online retail giant total net sales for the quarter reached $96.1 billion compared to $70 billion a year ago, beating Wall Street expectations of $92.7 billion, according to analysts surveyed by Refinitiv. 

Covid: What impact has the furlough scheme had?

As the furlough scheme draws to a close, how much did it cost and did it achieve its aims?

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

Furlough: ‘In limbo’ or ‘one long garden party'?

Furlough was a welcome holiday for some but for others it was a long and anxious waiting game.

from BBC News - Business https://ift.tt/3oDoX4X

Job Support Scheme: How do new post-furlough changes work?

The government has expanded its Job Support Scheme, which replaces furlough from November.

from BBC News - Business https://ift.tt/2UE9lBa

‘It’s all about survival now'

How are Tottenham residents coping after the area had one of the highest furlough rates in London?

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

How do I find a new job during Covid and which sectors are hiring?

Jobseekers are having a tough time at the moment, but support is available.

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

CEO Secrets: The aviation workers starting new businesses

We hear from three people who have started their own companies during the downturn in aviation.

from BBC News - Business https://ift.tt/2HAJ0jX

Apple faces French antitrust complaint over iPhone privacy changes


Apple faces French antitrust complaint over iPhone privacy changes



Advertising companies and publishers have filed a complaint against Apple Inc. with France’s competition authority, arguing that privacy changes the smartphone maker plans to roll out are anticompetitive.

US growth surged in summer but recovery is slowing

The US economy grew at a record 33% annual rate, but output remains lower than last year.

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

US states face biggest cash crisis since the Great Depression


US states face biggest cash crisis since the Great Depression



The drop in tax revenue has led to a total shortfall expected in the hundreds of billions of dollars

LVMH and Tiffany kiss and make up over takeover dispute

The French luxury brand will pay less to buy the US jeweller, ending a bitter dispute over the deal.

from BBC News - Business https://ift.tt/31SU4jk

Utilita: Energy firm to pay £500,000 for overcharging customers

Utilita apologises "unreservedly" after overcharging almost 40,000 of its prepayment customers.

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

Tiffany agrees to new deal terms with LVMH


Tiffany agrees to new deal terms with LVMH



New agreement calls for LVMH to pay $131.50 a share, saving it roughly $430 million

Stock futures rise following the biggest drop since June


Stock futures rise following the biggest drop since June



 Apple, Amazon, Alphabet, Facebook and Twitter will report their July-through-September numbers

FanDuel to open sports book in Bally's Atlantic City


FanDuel to open sports book in Bally's Atlantic City



New Jersey’s red-hot sports betting market blew past its own national record in September, taking in more than $748 million in bets

Hornby: Model train maker steams ahead in lockdown

The company says sales increased by 33% in the first half of 2020, moving it back into profitability.

from BBC News - Business https://ift.tt/37QB091

Wednesday, October 28, 2020

Samsung reports record sales amid questions about future


Samsung reports record sales amid questions about future



The company said Thursday its operating profit for the last quarter jumping 59% from a year earlier

Marvell nears deal to buy Inphi


Marvell nears deal to buy Inphi



Deal valued at about $10B could come as soon as this week

Samsung sees sales surge from rival Huawei's ban

The tech giant's business was likely boosted by US sanctions against its Chinese rival Huawei.

from BBC News - Business https://ift.tt/31U9jbH

Ford sees full-year pretax profit, posts stronger than expected quarterly earnings


Ford sees full-year pretax profit, posts stronger than expected quarterly earnings



Ford reported net income in the third quarter of $2.4 billion, or 60 cents a share, compared with $400 million, or 11 cents a share, a year earlier.

Pinterest pops as stay-at-home projects fuel user, revenue growth


Pinterest pops as stay-at-home projects fuel user, revenue growth



Despite posting a third-quarter loss of $94.2 million, or 16 cents a share, the image-sharing company reported a 58 percent year-over-year revenue increase to $442.6 million compared to $280 million in 2019. 

Pinterest beats quarterly sales estimates, shares jump 15%


Pinterest beats quarterly sales estimates, shares jump 15%



Pinterest Inc beat Wall Street estimates for third-quarter revenue on Wednesday, helped by a rebound in spending on advertisement by businesses after a deep slump in the early months of the COVID-19 pandemic.

Raytheon discloses criminal subpoena from Justice Department


Raytheon discloses criminal subpoena from Justice Department



The investigation involves the company’s missiles and defense unit.

GE's shares soar as earnings recover from pandemic lows


GE's shares soar as earnings recover from pandemic lows



General Electric Co. on Wednesday unexpectedly reported a quarterly profit and a positive cash flow on the back of cost cuts and improvements in its power and renewable energy businesses, sending its shares 10% higher.

Bed Bath & Beyond overhauls strategy after closings, layoffs


Bed Bath & Beyond overhauls strategy after closings, layoffs



As part of a "three-year growth strategy," the New Jersey-based company announced Wednesday that it would "deepen" its connections with five core customer segments. 

Hilton: Warren plan to break up Big Tech is 'right solution'


Hilton: Warren plan to break up Big Tech is 'right solution'



'The Next Revolution' host Steve Hilton reacts to Senate testimony by Facebook, Google, Twitter CEOs.

Amazon argues Prime Video customers don't own purchased content


Amazon argues Prime Video customers don't own purchased content



The tech giant is arguing in a new court filing that Prime Video customers are actually paying for a limited license for “on-demand viewing over an indefinite period of time.”

Covid: 1,700 employers planned redundancies in September

Redundancies on the rise again after August lull, according to BBC Freedom of Information Request

from BBC News - Business https://ift.tt/34B6Cxb

Halloween firms face up to a pandemic fright

Covid-19 has created extra problems this Halloween, so how are firms fighting back?

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

'Furlough pay should be kept at 80% of our salaries'

Workers facing new lockdowns: "We need furlough pay to be kept at 80% of our salaries."

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

VW recalls Jettas to fix fuel leaks that can cause fires


VW recalls Jettas to fix fuel leaks that can cause fires



Volkswagen is recalling more than 218,000 Jetta sedans in the U.S. to fix a fuel leak problem that can cause fires.

Live updates: Latest stock market news and business headlines


Live updates: Latest stock market news and business headlines



Follow all the stock market action and business headlines on the FOX Business LIVE Blog.

Dow drop nears 800 points, as tech, energy lead drop


Dow drop nears 800 points, as tech, energy lead drop



COVID-19 lockdowns rising as S&P 500 companies warn on fallout.

Boeing warns of job cuts as coronavirus spurs 4th straight quarterly loss


Boeing warns of job cuts as coronavirus spurs 4th straight quarterly loss



Boeing Co. reported a fourth straight quarterly loss and warned employees of job cuts as the coronavirus pandemic and grounding of the 737 Max aircraft weighed on sales.

Callaway Golf agrees to buy remainder of Topgolf


Callaway Golf agrees to buy remainder of Topgolf



Callaway Golf Co. has agreed to buy the remaining stake in driving-range chain Topgolf Entertainment Group in an all-stock deal.

GSK and Sanofi make global Covid vaccine supply deal

The companies are to supply 200 million doses of Covid vaccine to a global scheme.

from BBC News - Business https://ift.tt/34yZ0eD

Boeing to cut 20% of workforce by end of 2021

The planemaker is extending previously announced cuts as it faces slumping demand in the pandemic.

from BBC News - Business https://ift.tt/37KDrdj

US will see 50% more electric cars by 2030: Fisker CEO


US will see 50% more electric cars by 2030: Fisker CEO



Fisker CEO and founder Henrik Fisker argues his company is bringing a ‘real SUV’ to the market that will help the growth of electric cars.

Congress, Facebook, Twitter, Google CEOs need to be asked these 5 key questions


Congress, Facebook, Twitter, Google CEOs need to be asked these 5 key questions



Reform for Section 230 and asking the titans of Big Tech to explain their business practices may be the only policy issue that puts Trump, Biden, McConnell and Pelosi on the same page.

Meat plant to see disruption after 144 Covid cases

Some 144 members of staff test positive for the virus, and all 1,000 staff will get checked.

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

Stock futures fall on COVID concerns, Europe faces lockdowns


Stock futures fall on COVID concerns, Europe faces lockdowns



Wednesday’s earnings procession will feature three Dow members: Boeing in the morning, and Amgen and Visa after the closing bell

BT signs 5G deal with Ericsson to help ditch Huawei

The move means its EE mobile network will be powered by both Ericsson and Nokia's products.

from BBC News - Business https://ift.tt/37MrvHP

Sony seeing 'very considerable' PS5 demand ahead of launch


Sony seeing 'very considerable' PS5 demand ahead of launch



Sony pre-sold as many PS5 consoles in the first 12 hours in the U.S.as in the first 12 weeks for its predecessor PlayStation 4 device

Next sees online lift but store sales drop by half

Next says future lockdowns of non-essential stores would cost it millions of pounds before Christmas.

from BBC News - Business https://ift.tt/37NwOa8

Heathrow overtaken as Europe's busiest airport amid pandemic

Paris Charles de Gaulle is now busier after passenger numbers at Heathrow fall 84% because of Covid.

from BBC News - Business https://ift.tt/2Tvlt69

Tuesday, October 27, 2020

Car insurance start-up Root raises $664M in IPO: report


Car insurance start-up Root raises $664M in IPO: report



Shares in Root are due to begin trading on the Nasdaq on Wednesday under the symbol "ROOT"

TikTok shrugs off Trump attack with expansion plans

The Chinese-owned app is tying up with Shopify to create video ads and hiring thousands of engineers.

from BBC News - Business https://ift.tt/3e3NsDn

Microsoft’s earnings continue to ride pandemic-fueled demand for cloud, videogaming


Microsoft’s earnings continue to ride pandemic-fueled demand for cloud, videogaming



Microsoft Corp. expects the pandemic-era surge in demand for cloud-computing services, videogaming and computers that delivered a solid quarter to persist at least through the rest of the year.

Covid: Post-furlough unemployment 'hits young and ethnic minorities'

These groups were more likely to be made unemployed after being placed on furlough, a report suggests.

from BBC News - Business https://ift.tt/34zJSO9

‘Shops refusing cash left me unable to buy basics’

The cash system is being threatened by some shops not accepting cash, says Consumer group Which?

from BBC News - Business https://ift.tt/37MuVuf

Fluffy animals gambling ad was irresponsible, says watchdog

The advertising watchdog bans an advert for Gala Spins as it was likely to "appeal to under-18s".

from BBC News - Business https://ift.tt/37O8cxU

Mum, Dad, money and me

Many people find talking about money awkward, particularly with their parents - so how do their views differ?

from BBC News - Business https://ift.tt/34xSp45

The inventor inspired by wanting to keep his daughter safe

Kim Kyeong Yeon developed his virus-destroying machine after his child injured herself.

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

UK farmers to need 'thousands of foreign workers' next summer

Despite trying to recruit domestic workers, foreign labour will be vital for next year's harvest, farmers say.

from BBC News - Business https://ift.tt/3kA3bfY

How COVID-safe is dining in a restaurant's outdoor tent?


How COVID-safe is dining in a restaurant's outdoor tent?



As restaurants gear up to extend outdoor dining in colder parts of the country, many are seating guests in enclosed and sometimes heated structures. But when it comes to virus transmission, is eating in covered outdoor setups less risky than inside?

Coronavirus pandemic is changing the way people view higher education: Gerry Baker


Coronavirus pandemic is changing the way people view higher education: Gerry Baker



FOX Business' Charles Payne and 'WSJ at Large' host Gerry Baker discuss the impact of remote learning on higher education and the student debt crisis.

Former astronaut on moon discovery: Water is the ‘goal’ of space exploration


Former astronaut on moon discovery: Water is the ‘goal’ of space exploration



Former NASA astronaut Tom Jones provides insight into NASA confirming water molecules on the moon.

N Korea hackers stole $1.3bn of crypto this year - report

Some incidents may be linked to North Korean IT workers infiltrating tech firms, according to research firm Chainalysis. from BBC News htt...