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

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Lunaz reveals world's first electric Rolls-Royce

And they won't be cheap. Considering the increasing demand for electrification of classic cars, Lunaz is also preparing to double the workforce at its techn...

NY mother kicked off flight after toddler refused mask

I tried to tell them this, but they didn't care ... According to the publication, a verbal duel ensued between Bruck and a crew member with the former repeate...

Amazon Consumer Business CEO Jeff Wilke To Retire Next Year

Jeff Wilke, a veteran Amazon executive, is set to retire from the company early next year. These are top executives who meet regularly with CEO Jeff Bezos a...

U.S. home sales spike an unprecedented 24.7% in July

While the coronavirus pandemic has hit the USA economy hard since February, one market that saw a noticeable bounce-back in July was the existing housing market...

TikTok removes 380,000 videos in US for violating hate speech policy

Until the 90-day deadline is up though, TikTok's future in America is foggy at best. Multiple companies have expressed interest in acquiring TikTok's ...

European Union warns Brexit deal unlikely as talks deliver no progress

Michel Barnier, the EU's chief Brexit negotiator, looked visibly perturbed on Friday when discussing this week's trade deal negotiations, accusing the United ...

Over $2 Trillion of Stock Market Value touched by Apple

It came just two years after Apple became the first USA company with a $ 1 trillion market value . On July 31, 2020, after reporting strong third-quarter...

U.S. jobless claims rise back above one million

The rise in new jobless claims - which had been trickling down for weeks - highlights the ongoing anguish of the labor market as the coronavirus pandemic-indu...

Airbnb finally files paperwork for an initial public offering

The company said in a statement that the number of shares it will sell and the valuation it will seek have not yet been determined. The pandemic, that caused...

Pelosi Says Democrats Willing to Cut Stimulus Proposal 'In Half'

Saying she didn't want the relief package to clash with potentially contentious government funding negotiations in September, Pelosi told Politico that, "We...

Qantas: International flights ‘unlikely’ to resume before July 2021

Global services will re-start at different times, with "big markets like the United States probably dependent on a vaccine", Joyce added. On the bottom line, ...

North Korea announces congress on five-year economic plan

In unusually frank terms for Pyongyang, the meeting concluded "the goals for improving the national economy have been seriously delayed", and living standards h...

Lyft to suspend operations in California tonight; Uber likely to follow

Lyft said earlier Thursday it would suspend service in the state by end of day if an appeals court didn't grant its request for a delay. An appeals court has ...

Uber and Lyft's California operations hang in balance

In May, California Attorney General Xavier Becerra, along with city attorneys from Los Angeles, San Diego, and San Francisco filed a lawsuit against Uber an...

S&P 500 sets new record high, officially enters bull market

European shares and US cyclical stocks continued to weigh on the MSCI's benchmark for index global equity markets. Also hanging over the market is the upcomin...

Qantas expects global travel won't resume until mid

The carrier's statutory net loss for the latest year was 1.96 billion dollars (£1.07 billion). "The fact that the group still delivered an underlying profit b...

Cyprus, Greece seek tougher European Union action in East Med crisis

Cyprus's internationally-recognised Greek Cypriot government has always been at loggerheads with Turkey. Turkey has discovered energy in the Black Sea, most l...

No new US-China trade talks scheduled - White House chief of staff

Asked if he would pull out of the trade deal, Trump said, "we'll see what happens". "I postponed talks with China. They could have stopped (the virus)". The i...

United Kingdom inflation rises to 1.0 pct in July as lockdown eases

Price increases by hairdressers, dentists and other services which had to invest in extensive PPE also powered the July increase in Consumer Prices Index (CPI) ...

China targets Australian wine with anti-dumping investigation

With China buying around 40% of Australia's total wine exports, the investigation poses a $1.1 billion a year threat to the Australian economy. China is the t...

IPhone 12 to Be Made in India Starting Middle of 2021

Apple is expected to release its newest iPhone model as soon as next month. Wistron is Apple's Taiwanese contract manufacturer. By now we are pretty su...

Biden and Harris Are Most Spineless, Career Politicians: Trump Campaign

But after eight years as the vice president's wife, and returning to the campaign trail once more this year, Dr Biden has become one of her husband's most promi...

Coronavirus: Free jab for every Australian in COVID-19 vaccine deal

The government says it has secured the rights to the Oxford University vaccine, thought to be one of the front runners in the race to find a way out of this pa...

Nigerian inflation rises for 11th month in July as import disruption weigh

Nigeria's inflation rate rose to 12.82 percent in July, up from the 12.56 percent recorded in June, according to data released Monday by the National Bureau of...

S&P 500 closes at record high

The S&P 500 climbed to a new record high on Tuesday, rising above the previous all-time high set before the pandemic hit the USA stock market and economy. Con...

U.S. Pizza Hut restaurants will close after franchisee bankruptcy

It has since reached an agreement with Pizza Hut's owner, Yum! Pizza Hut revealed Monday that the selected 300 restaurants had "significantly underperform" ...

Oracle 'in talks for TikTok takeover'

Though still in the preliminary stages, any negotiations must be complete before September 15, or TikTok will be banned in the US, Donald Trump said. Chinese ...

British home sales hit record after lockdown

However, asking prices did reach new record highs in August in seven nations and regions - Scotland, Wales, Yorkshire and the Humber, North West England, the Ea...

Walmart profit surges as coronavirus boosts online shopping sales

Heading into Tuesday, Walmart's stock had gained 14% this year. The latest period included a large investment gain. The retailer said it invested about $1.5...

Goldman sees S&P 500 surging to 3600 by end

Major equity indexes in the US trade mixed at the start of the week as investors assess the latest headlines surrounding the US-China relations. Retail earnin...

Oracle in talks to buy TikTok’s USA business

Oracle was working with a group of USA investors that already own a stake in ByteDance, including General Atlantic and Sequoia Capital, the people added. Twitt...

Oil rises on China plan to boost US imports, OPEC+ compliance

Brent crude settled up 57 cents , or 1.3 per cent, to US$45.87 a barrel, and US West Texas Intermediate crude was up 88 cents, or 2.1 per cent, to US$42.41 a b...

Amazon under scrutiny in Germany for pandemic price surges

Germany's antitrust regulator is looking into whether Amazon.com Inc.is abusing its online market dominance to exert pricing pressure on sellers, Frankfurter ...

COVID-19 saliva test partly funded by National Basketball Association gets FDA authorization

In April, Stuff reported Aucklander Dr Anne Wyllie, based at the Yale School of Public Health in CT, led research which found saliva samples may be more sen...

MSC Grandiosa Departs Genoa For First Cruise With New Protocols

The cruise ship company MSC has made the procedures, for crew as well as passengers, part of its new health and safety protocols. How bad of a risk is it to c...