Photo: Drew Angerer/Getty Images President Trump's advisers feel the president needs to outright condemn far-right extremists and white supremacy during his rally tonight in Minnesota. Why it matters: Trump sent shockwaves during the debate for telling the far-right Proud Boys to "stand back and stand by." The group is described by the Anti-Defamation League as […]
Chancellor Rishi Sunak admitted last week that his latest coronavirus economic support package won’t save all jobs. But as employers and employees digest the latest plans it’s clear many of them feel viable firms are being hung out to dry just as the economy faces the impact of further lockdown measures. The support plan, involving […]
NEW YORK (Reuters) – Global equity markets rose and safe-haven assets, including the dollar, gained Wednesday as investors weighed a rising number of COVID-19 cases and a chaotic U.S. presidential debate against better-than-expected U.S. private jobs data on the last day of a turbulent quarter.The U.S. flag is seen outside of the New York Stock […]
A senior Bank of England official has dismissed pessimistic “Chicken Licken” views about the UK economy – as revised official figures confirmed it had suffered a record-breaking slump. Andy Haldane, the Bank’s chief economist, warned that “encouraging news about the present” risked being “drowned out by fears for the future”. “Now is not the time […]
Illustration: Annelise Capossela/Axios The debate was a mess as moderator Chris Wallace struggled with President Trump's interruptions. But let's analyze the climate parts anyway without normalizing the whole thing. Why it matters: The contest provided a collision over the topic between Trump and Joe Biden, and underscored the two candidates' immense differences. Here are a […]
Forbes magazine has struck reality TV star and entrepreneur Kylie Jenner from its list of billionaires, and accused her family of inflating the value of her cosmetics business. Forbes said the family went to “unusual lengths” to present its youngest member as richer than she was. In tweets, Jenner dismissed the article as “inaccurate statements […]
BERLIN (Reuters) – The German government is planning tougher oversight of telecoms network vendors that, while stopping short of a ban on Huawei, will make it harder for the Chinese company to keep a foothold in Europe’s largest market.FILE PHOTO: A man wearing a face mask following the coronavirus disease (COVID-19) outbreak walks past a […]
Pilots, flight attendants and other staff are retiring early or taking buyouts and leaves of absence in anticipation of a slow recovery. By Niraj Chokshi This was supposed to be the year that Steven Ray Littles II put down roots in the Seattle area. Instead, he returned to his parents’ home in Bakersfield, Calif., after […]
Royal Dutch Shell has said it plans to cut 7,000 to 9,000 jobs as it responds to challenges including the slump in oil demand amid the Covid-19 pandemic. The oil giant said the cuts would be implemented by 2022 and included 1,500 people who were taking voluntary redundancy. It gave no indication of where the […]
LONDON — Fashion boutique Machine-A, which has a cult following among London’s fashion community, is launching a pop-up store at Shanghai’s Labelhood, a key supporter of Chinese fashion designers, from Oct. 1 to February 2021, WWD has learned. Stavros Karelis, founder of the Soho-based multibrand concept store, said the collaboration grew from an organic relationship […]