Result Page 893 for Latest Business News & Archive

Pfizer reaffirmed its 2020 profit forecast following solid results that showed a mixed effect of the COVID-19 crisis on medical product sales

Pfizer, BioNTech Reach $1.95 Billion Coronavirus Vaccine Deal With US Government

The deal covers 100 million doses to be delivered in early 2021.

United Airlines Updates Policy: Face Masks Now Required In All Airports Airline Serves

Effective Friday, United Airlines will require face masks in the more than 360 airports it serves.

Wednesday’s Stock Market Open: US Equities Fall Amid Escalating Tensions Between US And China

US stocks fell on Wednesday after the U.S. ordered the closure of China’s consulate in Houston

Beijing confirms the United States has ordered China to close its Houston consulate, in what it called a "outrageous and unjustified move" that will further harm diplomatic relations."On July 21st, thhe US abruptly demanded that China's consulate genera

U.S. State Department Orders China To Close Consulate In Houston, Texas

Video emerged on consulate employees burning documents in courtyard

More news

New York Billionaires Targeted By State Democrats As Part Of ‘Make Billionaires Pay’ Campaign

The "Make Billionaires Pay" campaign has been endorsed by leading Democratic voices in New York, with proponents claiming a new mark-to-market tax on the wealthy would raise $5.5 billion in state revenue.

Like other airlines, United is facing a severe drop in demand for air travel due to COVID-19

United Airlines Posts $1.6 Billion Loss In Second Quarter Due To Pandemic

Most major airlines are expected to report major Q2 losses as the pandemic drives customers away from air travel in droves.

A face mask sign on the door is the first thing visitors to the Texas Rangers training facility in Dallas see as they enter Globe Life Field.

States Hit Hardest By Coronavirus Resurgence See Employment Backslide In Recovery

Employment growth at small or medium businesses appears to have stalled or dropped in states like Florida and Texas.

Tuesday’s Stock Market Close: US Equities Finish Mixed As Nasdaq Underperforms, Dow Climbs

US stocks finished mixed on Tuesday although EU leaders hammered out deal on 750-billion euro spending package

Mark Cuban-Backed Startup 'Cultivate' Helps Consumers Find US-Made Products On Amazon

Cultivate pledges to help customers buy American while shopping online.

A view of New York City's first-ever women's Nordstrom that spans seven stories taken on November 27, 2019 in New York City

Retail Layoffs And Store Closures 2020: Nordstrom Makes Cuts, Sephora Trims Staff, Ulta Closes Stores

More retailers are making cuts to their workforce and closed stores as the coronavirus takes its toll on their industry.

Men’s Wearhouse, Jos. A. Bank Parent To Lay Off 20% Of Its Workforce, Close Up To 500 Stores

Tailored Brands is looking to strengthen its business after seeing its sales drop amid the coronavirus, company says in announcement.

‘Shark Tank’ Star Kevin O’Leary Says Coronavirus Stimulus Must End, Even If Businesses Fail

Kevin O'Leary, a cast member on "Shark Tank," said he believes pandemic relief payments should be halted for businesses, since some are doomed to fail.

The Federal Reserve predicts the US is facing an "unprecedented" decline in the second quarter, with unemployment rising to its highest level since World War II

Senate Banking Committee Approves Nomination Of Controversial Judy Shelton To Federal Reserve Board

Shelton’s nomination must still be approved by the full Senate.

File photo of a customer looking at an iPhone 4 at the Apple Store 5th Avenue in New York

Coronavirus Pandemic Providing Boon to Pornography; Spending, Traffic Both Up

American spending on pornography is up 28% compared to last year as a result of the coronavirus pandemic.

India's Prime Minister Narendra Modi embraces US President Donald Trump turning a February 2020 rally in the Indian leader's home state of Gujarat

US, India Nearing Trade Deal, Says New Delhi’s Commerce Minister

But a longer-term free trade agreement may take longer to achieve

Shopping carts are seen outside a new Walmart Express store in Chicago

Walmart Expects A Very Different Retail Year: Closed Thanksgiving Day, $428 Million In Worker Bonuses

The holiday closing was suggested by a Texas employee "so our associates could spend the day with their families," company said.

TikTok has skyrocketed in popularity since coronavirus lockdowns

TikTok Plans To Add 10,000 US Jobs In The Next Three Years

The growth plan comes as President Trump weighs a ban of the app in the U.S.

LinkedIn Lays Off 960 Employees As Hiring Takes A Hit From Coronavirus

The global economic downturn has decreased demand for hiring services like LinkedIn.

Ford’s All-Electric Mustang Mach-E 1400 To Take On NASCAR With 1,400 Horsepower

The Ford Mustang Mach-E 1400 is powered by seven electric motors to deliver 1,400 peak horsepower for track or drift driving.

Starbucks’ Contactless Payment Options Will Help Prevent Spread Of Coronavirus And Still Earn Stars

Cash, credit or debit card, or mobile wallets will let Loyalty customers earn stars.

European Banks May Suffer More Than $900 Billion In Loan Losses Over Next Three Years

Some banks in Europe, U.K. are still struggling with the after-effects of the 2008 financial crisis

Arvind Krishna to take over as IBM CEO in April 2020

IBM Second Quarter Earnings, Revenues Beat Analysts’ Expectations

Gross margins improved under new CEO Krishna.

Coca-Cola told CNBC the decision does not mean it is joining the #StopProfitForHate initiative

Coca-Cola Sees Second Quarter Sales Drop 28% As Pandemic Shuts Public Venues

Coke’s second quarter earnings beat analysts’ forecasts

Tuesday’s Stock Market Open: US Equities Rise As EU Reaches Agreement On COVID Recovery Fund, Oil Jumps

US stocks rose on Tuesday after EU leaders in Brussels hammered out deal on 750-billion euro spending package

Merkel and Michel were on the same page but socially distancing in Brussels

EU Reaches Agreement On Landmark COVID-19 Recovery Fund After Contentious Talks In Brussels

The EU reached a deal after four days of often fractious negotiations in Brussels

Aldi To Open 70 New Stores Amid Coronavirus Pandemic

Aldi intends to become the third-largest U.S. grocer despite the pandemic and the retail apocalypse.

Bitcoin Scam: 1,100 Customers Tried To Send BTC To Twitter Hackers, Coinbase Reveals

Coinbase was able to stop its customers from sending $278k worth of BTC to hackers responsible for the Twitter scam last week.

'Minecraft' Finally Migrating From Amazon Web Services To Microsoft Azure

After close to six years on Amazon Web Services, Microsoft-owned Mojang Studios is finally bringing "Minecraft" home to another Microsoft-owned company, Azure.