Monday, 17 Jun 2024

Business

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Fed's Kashkari says pandemic aid was also 'banking bailout'

FILE PHOTO: President of the Federal Reserve Bank on Minneapolis Neel Kashkari listens to a question during an interview in New York, U.S., March 29, 2019. REUTERS/Shannon Stapleton(Reuters) – U.S. banks got their second bailout in little more than a decade when Congress cut checks to millions of Americans to help them through the coronavirus […]

U.S. House Speaker Pelosi to confer with airline CEOs on aid: sources

WASHINGTON/CHICAGO (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi will speak on Friday afternoon with the chief executives of the country’s top airlines, who are urging Congress to approve another $25 billion in assistance to keep tens of thousands of U.S. workers on the payroll past Sept. 30, sources said.U.S. House Speaker Nancy Pelosi […]

U.S. Senator Blumenthal demands AT&T drop push for ad-subsidized cellphone plans

FILE PHOTO: The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid(Reuters) – U.S. Senator Richard Blumenthal on Friday called on AT&T Inc T.N to stop pursuing plans to offer cellphone plans partially subsidized by advertising […]

U.S. House to consider bills on Chinese goods made with forced labor, Pelosi says

FILE PHOTO: Speaker of the House Nancy Pelosi (D-CA) speaks during a briefing to the media on Capitol Hill in Washington, U.S., September 10, 2020. REUTERS/Joshua RobertsWASHINGTON (Reuters) – U.S. lawmakers will consider two bills next week on goods made with forced labor from China’s Xinjiang region, House Speaker Nancy Pelosi said on Friday, with […]

New downloads of TikTok, WeChat to be blocked in U.S. on Sunday

Illustration: Sarah Grillo/Axios The Commerce Department issued Friday an order blocking new downloads of WeChat and TikTok in the U.S. as of Sept. 20. The state of play: President Trump has been in a standoff with TikTok, threatening to ban the app if it's Chinese owner, ByteDance, does not relinquish control to a U.S. company. […]

Zero Waste Packaging Platform Loop Expands Across the U.S.

Loop is taking its effort to curb single-use packaging national with expansion to 48 states. After a successful pilot run, the revamped “milkman” delivery and e-commerce platform — which helps to repackage beauty and consumer goods into reusable and refillable packaging — is looking to facilitate greater circularity. New Jersey-based company TerraCycle first tested its […]

SurveyMonkey poll: Suburbs and the safety wedge

White suburbanites who feel "very safe" in their communities are more likely to favor Joe Biden, while those who feel only somewhat safe move toward President Trump, according to new SurveyMonkey polling for Axios. Why it matters: The findings help illuminate how Trump is using safety as a wedge issue ahead of the election — […]

Pet Lovers Centre speeds up initiative to go digital, reshape retail

They may leave a mess of toys, dander and drool in their wake, but there’s no denying that pets hold a special place in our hearts. Smitten pet owners are why local pet supplies chain Pet Lovers Centre (PLC) strives to improve its services and operations regularly. In January, the company renovated one of its […]

US China tariffs violated trade rules says WTO

The World Trade Organization has ruled that tariffs the US imposed on Chinese goods in 2018, triggering a trade war, were “inconsistent” with international trade rules. The WTO said the US did not provide evidence that its claims of China’s unfair technology theft and state aid justified the border taxes. Chinese officials welcomed the ruling. […]