Business

One-Fifth Of UK’s Small Businesses May Vanish In One Month

Small businesses in the UK are facing difficulties in securing bank loans to keep them afloat

Costco Limits Number Of Customers Inside Stores During COVID-19 Crisis

Costco is limiting the number of customers per membership that can go into its stores during the coronavirus pandemic.

JoAnn Fabrics Ordered To Close Amid Coronavirus Pandemic

JoAnn Fabrics stores in Michigan were ordered close after a stay home, stay safe executive order was issued because of the coronavirus.

Creating More Opportunities For Women Can Add Trillions To World's GDP, Study Shows

The study found workplace parity could add $28 trillion to global GDP -- $5.1 trillion in Western Europe and $4.3 trillion in the United States.

The chairman of Carnival Cruise Line offered US President Donald Trump use of the company's ships to house coronavirus patients

Cruise Operator Carnival Seeks $6 Billion In New Financing

Carnival, battered by the virus pandemic, is seeking to raise new funds

Trump Won't Open Obamacare Exchanges To The Suddenly Unemployed

A special enrollment period had been under consideration, and it was unclear why the administration decided against it.

A bright final quarter helped Fiat Chrysler weather a slowing global market for cars

Fiat Chrysler Feels The Impact Of The Coronavirus, Q1 Sales Decline 10%

Fiat Chrysler Automobiles saw its first-quarter U.S. sales decline 10% because of the impact of the coronavirus.

Oil moving by tanker through the Strait of Hormuz accounts for a fifth of the global total, which means a conflict in the region could cause havoc with supplies and turmoil in markets

World Could Run Out Of Storage Space As Oil Demand Plummets

Coronavirus has caused a precipitous drop in both oil demand and prices.

Large UK Banks Agree To Suspend Dividend Payments To Preserve Cash

Some of the largest banks in the UK have agreed to cancel or delay dividend payouts

Dean & DeLuca Files For Chapter 11 Bankruptcy

Dean & DeLuca filed for Chapter 11 bankruptcy protection late Tuesday with hopes to reopen stores.

US Equities Lower At Wednesday Noon As White House Warns Of Coronavirus Deaths

U.S. stocks fell on Wednesday to start a second quarter after an unprecedented first quarter

Bitcoin Price Reaching All-Time High In 2020? Data Shows 4% Chance

Bullish expectations this year for BTC have gone dry. While surging to $1 million is highly unlikely, the options market doesn't see BTC even surpassing its all-time high before 2021.

Growth Regions In Asia Expected To Suffer GDP Losses

Southeast Asian countries like Thailand and Malaysia are expected to deal with the biggest losses, while Vietnam could be lucky enough to record a below average decrease in its economic activity.

Turkey Seeks To Release 90,000 Inmates From Overcrowded Jails

Turkey plans to free 90,000 inmates, but not journalists or political prisoners

COVID-19 Update: Drug Meant For Cancer Patients Claims To Lower Lung Inflammation 'Immediately'

A new drug meant for cancer and HIV patients could potentially help COVID-19 positive patients.

Open, but with few guests amid the coronavirus crisis: President Donald Trump's Trump International Hotel in Washington, just a few blocks from the White House

Coronavirus Pandemic Puts Sale Of DC Trump Hotel Lease On Hold

The Trump Organization announced plans to sell the lease of Trump International Hotel in October.

US Equities Drop To Finish Unforgettable Quarter Of Extreme Volatility

U.S. stocks fell on Tuesday to close out a historically volatile first quarter.

Rhode Island Issues Social Distancing Guidelines For Retailers That Limit Customers

Rhode Island has issued social-distancing guidelines for all retailers that limit the number of customers to 20% of the stated fire capacity of a store during the coronavirus pandemic.