WASHINGTON (Reuters) – U.S. job growth slowed more than expected in September and the ranks of the permanently unemployed swelled, underscoring an urgent need for additional fiscal stimulus as the COVID-19 pandemic drags on and threatens the economy’s recovery.FILE PHOTO: A new business advertises for workers as it prepares to open up during the outbreak […]
For the holiday 2020 season, Saks Fifth Avenue isn’t following the pack. While many retailers, desperately trying to navigate the health crisis, have already started or will start the push to sell holiday gifts four to six weeks earlier than last year, Saks isn’t rushing into it. “Our gifting story starts about the same time. […]
The unemployment rate in the eurozone edged up to 8.1 percent in August from 8 percent in July, the European Union said Thursday, as government support cushioned much of the economic impact of the pandemic. But economists fear that the jobless rate could surge when the programs expire, or employers go bankrupt or are forced […]
WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits fell last week but remained at recession levels, while personal income dropped in August, underscoring the need for another government rescue package for businesses and the unemployed.FILE PHOTO: A help wanted sign is posted at a taco stand in Solana Beach, California, […]
(Reuters) – Television news networks will benefit from a U.S. presidential race that may not be decided on election night.FILE PHOTO: U.S. President Donald Trump and Democratic presidential nominee Joe Biden participate in their first 2020 presidential campaign debate in Cleveland, Ohio, U.S., September 29, 2020. REUTERS/Brian SnyderWith few sporting events and a captive audience […]
A conversation with The Times’s Tom Friedman about how Covid-19 has changed the United States’ position in global affairs. By Dealbook The pandemic has disrupted life as we knew it, and the Trump administration has upended American policies along with it. The Times foreign affairs columnist Tom Friedman joined us for a DealBook Debrief call […]
Slideshow ( 2 images )(Reuters) – Canadian pot firm Canopy Growth Corp WEED.TOCGC.N and Acreage Holdings Inc ACRGau.CD plan to launch the former’s cannabis-infused beverages in the United States next summer, the companies said on Thursday. Acreage expects to launch Canopy’s select, sessionable THC beverages in the summer of 2021 in legal adult-use markets in […]
FILE PHOTO: A bridge is decorated with the logo of a Bayer AG, a German pharmaceutical and chemical maker in Wuppertal, Germany August 9, 2019. REUTERS/Wolfgang RattayFRANKFURT (Reuters) – Shares in Bayer BAYGn.DE plunged 11% after it flagged that adjusted profit may slip next year and it may have to write down the value of […]
SINGAPORE (THE BUSINESS TIMES) – A Singaporean man now faces a total of 11 charges in relation to scandal-hit German payments firm Wirecard, after an additional five charges were imposed. R. Shanmugaratnam, a director of Citadelle Corporate Services, was slapped with five charges on Wednesday (Sept 30) for allegedly faking five more letters in early […]
FILE PHOTO: People walk past an American Airlines logo on a wall at John F. Kennedy (JFK) airport in in New York November 27, 2013. A wintry blast of heavy rain, wind and snow across the eastern United States disrupted Thanksgiving travel plans on Wednesday for some of the millions of Americans hitting the roads […]