June 16, 2020

Green shoots welcome but recovery still a long road, Fed’s Powell says

A full U.S. economic recovery will not occur until the American people are sure that the novel coronavirus epidemic has been brought under control, Federal Reserve […]
June 16, 2020

U.S. says former eBay workers sent live roaches, bloody pig mask to intimidate critics

Six former eBay Inc employees have been criminally charged with mounting a cyberstalking campaign against a Massachusetts couple whose online newsletter they viewed as critical of […]
June 16, 2020

U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards

The U.S. Department of Commerce on Tuesday posted a new rule that allows U.S. companies to work with China’s Huawei to develop standards for 5G and […]
June 16, 2020

Lufthansa shareholder Thiele raps bailout deal, raises stake

German investor Heinz Hermann Thiele sharply criticised a 9-billion-euro ($10.14 billion) bailout deal for carrier Lufthansa , saying he had raised his stake in the group […]
June 16, 2020

Ex-Tommy Hilfiger boss Grieder to become new Hugo Boss CEO

German fashion house Hugo Boss has appointed former Tommy Hilfiger boss Daniel Grieder as its next chief executive, it said on Tuesday. Powered by WPeMatico
June 16, 2020

Amazon to use AI tech in its warehouses to enforce social distancing

Amazon.com Inc on Tuesday launched an artificial intelligence-based tracking system to enforce social distancing at its offices and warehouses to help reduce any risk of contracting […]
June 16, 2020

Why some black-owned U.S. businesses are hardest hit by coronavirus shutdowns

After 15 years working as a hair stylist in other people’s salons, Gary Connell opened his “Healthy Hair” studio in Montgomery County, Maryland in early March, […]
June 16, 2020

U.S. bank profits plunge 70% on coronavirus loss provisioning

U.S. bank profits fell by 69.6% to $18.5 billion in the first quarter of 2020 from the year prior as banks felt the economic impact of […]
June 16, 2020

Appeals court sides with exchanges in U.S. SEC fee row

A U.S. appeals court ruled on Tuesday that the Securities and Exchange Commission cannot force stock exchanges to conduct a costly experiment to see how the […]
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