June 13, 2020

Amazon’s business practices examined by two U.S. states: reports

State investigators in both California and Washington are examining Amazon’s business practices, two newspapers reported, citing people familiar with the matter. Powered by WPeMatico
June 13, 2020

U.S. eases criminal record provision in coronavirus business loan program

Federal authorities administering business payroll loans as part of U.S. coronavirus relief efforts on Friday eased rules prohibiting lending to business owners with criminal records, allowing […]
June 13, 2020

U.S. regulator sides with FCA in Jeep trade case against Mahindra

A U.S. regulator ruled that India’s Mahindra and Mahindra Ltd infringed upon the intellectual property rights of Fiat Chrysler Automobiles NV’s (FCA) Jeep brand, barring the […]
June 13, 2020

Bankrupt Hertz to seize on speculation frenzy with $1 billion stock sale

Hertz Global Holdings Inc said it won bankruptcy court approval on Friday to sell up to $1 billion in stock, capitalizing on a remarkable rally in […]
June 13, 2020

Canada spy agency warned of ‘shock waves’ from arrest of Huawei founder’s daughter

Canada’s intelligence agency warned that arresting the daughter of billionaire Huawei founder Ren Zheng would set off global “shock waves” and seriously affect ties with China, […]
June 13, 2020

Wall Street Week Ahead: Investors bet bounce in value stocks will stick

As the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector […]
June 12, 2020

Lawmakers label British Airways ‘national disgrace’ over jobs

British Airways was labelled a “national disgrace” by lawmakers for its treatment of employees on Saturday, adding to pressure on the airline as it juggles job […]
June 12, 2020

Airbnb partners with Brazil virus hotspot Sao Paulo on post-pandemic tourism

Home rental firm Airbnb struck a partnership with Brazil’s Sao Paulo state to encourage tourism once the novel coronavirus crisis has passed, a company executive said […]
June 12, 2020

Zoom hits political turbulence in Washington, Beijing; lobbyists ready

Zoom Video Communications, whose remote meeting app made the obscure California company a hub for global communications during the coronavirus pandemic, now finds itself fighting political […]
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