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Disney to lay off 28,000 workers at its parks in California, Florida

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McDonald's sues British former CEO over alleged relationships with employees

Easterbook denied the relationship was physical, the company said, as well as having any other relationships with employees. McDonald's said it had also taken...

McDonald's sues ousted CEO, alleging employee relationships

Easterbrook also approved a special grant of restricted stock, worth hundreds of thousands of dollars, to one of those employees, the lawsuit said. "The compa...

Saudi Aramco's profit plunges 73.4%

Most energy companies have taken a painful blow from the coronavirus pandemic as lockdowns to contain the spread of the deadly virus limited travel and halted p...

Turkish Currency Hits All-time Law Amid Market Jitters

Turkish Lira hit all-time lows against the US dollar. The lira depreciated as much as 2.9% on Thursday to 7.2548, leading declines in emerging market. In an e...

KISAN Scheme Benefited 52.5 Lakh Farmers in Karnataka, Says CM Yediyurappa

Modi said the government has transferred Rs 75,000 crore to farmers under this scheme in the last one-and-a-half years, of which Rs 22,000 crore was remitted du...

Bill Gates thinks buying TikTok is a risky move for Microsoft

This isn't new - Gates hasn't been afraid to speak out about the U.S. response to the virus, telling CNN the high number of coronavirus cases in the USA i...

No New COVID Cases on Vancouver Island as BC Reports 47 More

Henry and Health Minister Adrian Dix say the update brings B.C.'s total caseload to 3,934 patients who've tested positive or are epidemiologically linked to tes...

Pelosi, Schumer Say They're Still Willing to Negotiate on Relief Deal

The employment department says it has paid unemployment benefits to more than 350,000 Oregonians since the middle of March, when the state's pandemic shutdown b...

Oil slips below $45/bbl on demand concerns but posts weekly rise

Brent crude was trading 0.09 per cent lower at United States dollars 45.05 per barrel in NY. U.S. West Texas Intermediate ( WTI ) crude () futures eased 3 cen...

Berkshire Hathaway Moat Breached By Virus Shutdown

Berkshire ( BERK ) had net earnings of $26.3 billion, or $16,314 per Class A share equivalent, from $14.1 billion, or $8,608 per Class A share in the year-earl...

Canon hit by Maze Ransomware attack, 10TB data allegedly stolen

Canon appears to have faced a cyber-attack that has resulted in an outage on its image.canon cloud storage service as well as impacted the company's U.S. Howeve...

These 9 states are suffering from the worst unemployment rates

Nonetheless, government jobs are still 1.1 million lower than the February level. The May report was a surprise, announcing 2.5 million jobs when analysts were ...

Cadillac launches pretty Lyriq EV, a clean-sheet, 300-mile luxury SUV

The Lyriq is a midsized SUV with a promised range of over 300 miles between charges that is scheduled to go on sale in the U.S.in late 2022, when it will beco...

US Stocks Close Mixed Following Jobs Data NK#140085

US stocks ended's Friday choppy session with meager gains but enough for the the sixth straight gain for the Dow and S&P 500, as Wall Street watched Congress ge...

Last quarter, Uber Eats made more money than its cabs

Gross delivery bookings rose 113% year over year to almost $7 billion for the quarter ended June 30. "Our mobility business, I would describe as a tale of 10,...

Moderna Prices COVID Vaccine Higher than Others

Coronavirus vaccine developer Moderna Inc (NASDAQ: MRNA ) has struck its first deal with a government agency, as Switzerland confirmed Friday reports of proc...

Delhi Government Announces New Electric Vehicle Policy

The Delhi government has rolled out a new "Electric Vehicle Policy" that is aimed at boosting the economy battered by COVID-19 and resultant lockdowns, and to a...

Trump says he'll order unemployment payments if impasse persists

Pelosi and Schumer said they again offered to cut US$1 trillion from the Democrats' US$3.5 trillion proposal if Republicans would raise the top-line number ...

Audi E-Tron SUV gets $8,800 lower base price, plus more range

The fastest series production SUV around the Nürburgring, the Audi RS Q8 is the ultimate high-performance machine that boasts outstanding performance, unrestr...

Canada added 418,500 jobs in July as economies reopen

In Ontario, employment rose by 151,000, or 2.2 per cent, in July, building on an increase of 378,000 in June and bringing employment to 91.7 per cent of its p...

USA economy added 1.8M jobs in July; unemployment at 10.2%

But while millions of people lost jobs , millions of others gained them, with the balance moving in favor of people going back to work. The widely-anticipate...

Canadian economy added 419,000 jobs in July, marking third month of gains

The jobless rate in June was 12.6 per cent, a 20-year-high for the London area , which also takes in Strathroy, St. Thomas and portions of Elgin and Middles...

How major USA stock indexes fared Wednesday

Stock indexes are hanging close to their records after clawing back most or all of their sell-off from earlier in the year, with the S&P 500 within 3% of its al...

Unemployment claims fall in Florida for the third straight week

However, the Labor Department said some workers continue to be misclassified, and the jobless rate would have been a full point higher than reported. While a ...

Facebook Extends Remote Work Until July 2021

The social-media giant could be looking at having most of its workforce work remotely on a permanent basis within a decade. Several corporate giants took the sa...

Unemployment claims in Washington state fall 13.4%, but recovery far from certain

Despite the lower numbers, millions still remain out of work and thousands continue to struggle in Florida with the state's unemployment system. Unemployment ...

Virgin Atlantic airline files for USA bankruptcy protection

The 3,000 jobs would go as the carrier offloads its fleets of Boeing 777s, Airbus SE A330s and ATR turboprops, as well as low-priced brand Tigerair Australia...

UAE Growth Again Positive But Subdued In July - PMI

Spain's services sector grew modestly for the second month in a row in July after a coronavirus lockdown decimated economic activity in April and May, but fir...

Silver prices scale new high, crosses Rs 75000 per kg

Oil prices rose to their highest since early March on a big drop in USA crude inventories and on the weak dollar, which was pushed lower by data showing euro zo...

Mulan to go straight to streaming platform Disney+ next month

During the same call, executives said Disney + now has 60.5 million paying subscribers. Overall revenue fell 42% compared with a year ago to $11.8bn. First, ...

RBI Leaves Key Rates Unchanged Amid High Inflation

With the status quo on key lending rates, the repo rate - or the rate at which the RBI lends short-term funds to commercial banks - now stands at 4.0 per cent...

Some Blizzard Employees 'Struggling to Make Ends Meet' In New Report

The document was floated in response to what employees saw as the sluggish response to an internal inquiry conducted by Blizzard in 2019, which allegedly reveal...

The Clorox wipes shortage is expected to last into 2021

There was a 33% jump in sales within the company division that sells cleaning products. "I've just been using, like a diluted mix of an antibacterial", said S...

Lordstown Motors to go public, trade on Nasdaq

DiamondPeak Holdings Corp . (NASDAQ: DPHC ) is committing a total of $675 million from its 2019 initial public offering and a private investment in public equit...

Massive explosion near port area rocks Lebanon's capital city of Beirut

Lebanese rescue workers are digging through rubble looking for survivors of a powerful warehouse explosion that shook the capital, Beirut, killing 100 people an...