BUSINESS

Merchants are leaving New York City in droves as the coronavirus takes a toll on business. Can the city save the retail industry before it is too late?

Seven months after the phase 1 trade deal was signed, the pandemic and events in Hong Kong have drastically changed things.

At a time when many firms are laying off staff to save money and keep afloat, global giant Sony Music Group has created a new position for a big new hire. The new role of executive vice president of philanthropy and social impact at the business has been filled by the well-known non-profit leader, Towalame Austin.

The company will begin redirecting such requests to China's legal assistance treaty with the U.S.

The 2.6% decline in jobs was accompanied by the bloc’s 11.7% decline in GDP.

A 2019 decision in the company's favor was overturned, leaving it with responsibility over defective products sold by third parties.

The conflict stems from the fees Google and Apple charge for purchases through their app marketplaces, which companies like Epic Games say are too high.

Though Americans are spending more money, the reason may be attributable to inflation rather than a change in spending habits.

Amazon will be competing with a host of local online medicine retailers in India

RZA partnered with Good Humor to revamp the traditional jingle.

Hong Kong’s economy has been battered by the pandemic while U.S.-Chinese tensions add further risk

The 'Doctor Who' franchise will get its own blockchain trading card game, courtesy to a partnership between BBC Studios and Reality Gaming Group.

The recent slump in volatility will spark a Bitcoin rally, says Kraken, adding that most previous volatility slumps were followed by an average of +150% price upsurge.

The use of Bitcoin and other cryptocurrencies allowed the U.S. government to trace and ultimately seize those funds supposedly for terrorist financing activities.

Bankruptcies have particularly slammed retail, consumer and energy sectors.

Amazon Delivery Service Partners start up costs are about $10,000, allowing for growth with more delivery vans within a fleet.

A sale on candles at Bath and Body Works took some interesting turns on social media as many instead encouraged supporting other businesses and boycotting the chain. 

The regulator has slapped a new 0.5% fee on refinance mortgages

The pressure to classify drivers as employees has spread overseas to the United Kingdom and is also leaking into food-delivery services.

The region’s largest economies, Brazil, Mexico, Argentina, are all expected to suffer significant contractions

Fat Brands is set to acquire Johnny Rockets and expand its portfolio of restaurants for a staggering amount. 

IEA partly cited a weakening recovery in transport-aviation sector for its projection

The Labor Department estimated the unemployment rate for the week ending Aug. 1 at 10.6%.

With a market cap of $6.6 billion, LINK is now the fifth largest cryptocurrency, overtaking Bitcoin Cash.

The excitement around decentralized finance led to an increased demand for ETH, which pushes its price, hashrate and gas fees.

The cryptocurrency exchange Coinbase plans a new product that will allow its customers to borrow money with their Bitcoins acting as collateral.

The move includes the permanent closure of the New York Daily News' Manhattan newsroom.

More than 20% of these people owed more than $1,000 during the first week of August.

The company says changing its business in California will take several months and result in the firing of many drivers.