Result Page 901 for Latest Business News & Archive

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

Nordstrom Layoffs: Thousands Of Jobs Cut As Retailer Realigns Workforce With Market Demand Amid Pandemic

The retailer reported a 40% net sales loss for Q1 2020 as all of its stores were closed during the coronavirus pandemic.

Aeromexico Files For Bankruptcy As Pandemic Shuts Down Latin American Air Travel

Mexico's second largest carrier is third airline in Latin America to seek protection.

Democrats Want To Keep Increased Jobless Benefits, Want Bill Tying Compensation To Unemployment Rate

A 'help wanted' sign in the window of Add Accessories in New York City

The Labor Department releases June's unemployment rate Thursday, but the data likely was captured before coronavirus cases began surging in the South and West.

Beyond Meat "Beyond Burger" patties are one of the options for plant-based proteins, which now include chicken, shrimp and sausage alternatives

Beyond Meat Partners With Alibaba To Gain Market Share In China

Alibaba will begin offering Beyond Meat's meatless burgers at its 50 Freshippo supermarkets located in Shanghai, with plans to expand availability to Freshippos in Beijing and Hangzhou.

More news

Ethereum-based Fantasy Soccer Game Sorare Adds 700 Major League Soccer Player Tokens

The Blockchain-based soccer game Sorare announced it has added players from the Major League Soccer (MLS), allowing users to collect tokenized versions of pro-soccer player cards to build their own collection or fantasy lineups.

Infographic: Employment-Population Ratio Shows Level Of Job Devastation In US

Why does the employment rate stand at 13.3% when almost half the adult population doesn’t have a job?

Cryptocurrencies that depend on blockchain

Bitstamp Bitcoin Wallet Moved $1 Billion In BTC, Only Paid $0.48 In Fees

The Bitcoin address’ owner moved 101,857 BTC in block 636,503. From this transaction, 5,000 BTC was moved to one address and the rest to another.

Bitcoin Refund: Blockchain Startup Introduces Way To Cancel BTC Transactions

Israel-based blockchain startup Kirobo claims it has invented a way to undo "irreversible" cryptocurrency transactions.

Tuesday’s Stock Market Close: US Equities Rise As Markets Finish Strong Second Quarter, Despite Pandemic

U.S. stocks gained on Tuesday despite rising cases of covid-19 infections

Coronavirus Creating Worst Financial Crisis For Hospitals In History, Hospital Group Says

The American Hospital Association estimates U.S. hospitals will lose at least $323 billion this year.

Another Restaurant Bankruptcy Coming? Large Pizza Hut, Wendy’s Franchisee On The Verge Of Chapter 11

NPC International, one of the largest restaurant franchisees in the U.S., is considering filing for Chapter 11 protection despite an increase in sales.

Serenity smart eyeglasses from France-based startup Ellcie Healthy are displayed at the 2020 Consumer Electronics Show

Google Purchases Augmented Reality Smart Glasses Maker North

While details have not been released, Google is believed to have purchased the company for around $200 million which has been called a "firesale" price.

Small Business Administration chief Jovita Carranza has overseen the processing of 14 years of loans in less than 14 days

Coronavirus Economy: SBA Paycheck Protection Program Deadline Is Midnight And $130 Billion Is Left Over

The program was designed to help small businesses keep employees on the payroll through the coronavirus pandemic rather than send them to unemployment rolls.

Could The Luxor Resort & Casino Be Demolished? Las Vegas Reports Suggest That It Might

MGM Resorts may be considering demolishing the Luxor Resort & Casino, which would change the landscape of the Las Vegas Strip once again.

Geneva International Motor Show Finds New Owners Amid 2021 Cancellation

The Geneva International Motor Show will not be held in 2021 despite finding new owners in Palexp SA. Here's why.

Tuesday's Market Open: Warnings From Fed Chairman Jerome Powell Weigh On Market

In prepared remarks, Jerome Powell urges a House committee to continue coronavirus relief measures to mitigate long-term damage to the U.S. economy.

Israeli Company Introduces 3D-Printed Plant-Based Steak

Redefine Meat unveils a plant-based steak, that's manufactured through a 3D printing process.

Bitcoin Price Could See 'Big Move', Point To Bearish Run

Bitcoin opened the week still stuck in the low $9,100 range and traders are excited not with this price range but with the lower volatility that comes with it.

Oil firms are reckoning with the drop in demand and crude prices as lockdowns to contain the coronavirus have hammered economic activity

Shell Says Will Take Up To $22bn Hit From Coronavirus

Energy giant Royal Dutch Shell will take a charge of up to $22 billion due to fallout from coronavirus and collapsing oil prices, it announced Tuesday.

Child Porn Site That Accepts Cryptocurrency Payments Gets Shut Down By Spanish Police

Authorities across the world worked together to arrest individuals related to child pornography sites funded by cryptocurrency on the dark web.

The world's second-largest economy has been whirring back to life after the virus and sweeping lockdowns prompted a near-halt in activity

China Factory Activity Picks Up In June Despite Global Headwinds

But economists caution that momentum may weaken in the second half of 2020 as key markets struggle to recover from the crisis and as orders for medical supplies abroad -- which have boosted exports -- peak and fall.

Bitcoin Price May Hit $397,000 By 2030: Here's How

New research suggested Bitcoin will spike to $397,000 by 2030 if it manages to penetrate at least 10% of its total addressable market.

Richest Person In Hawaii: What Is eBay Founder Pierre Omidyar's Net Worth?

Pierre Omidyar is the richest person in Hawaii with $17 billion net worth.

The Main Street Lending Program is designed to reach small and medium-sized businesses that are too big to benefit from the Treasury Department's Paycheck Protection Program

What The Great Recession Taught A Business Leader About Surviving An Economic Crisis

Facing a recession as a business leader is scary, intimidating and fraught with anxiety over making the wrong decisions.

National Economic Council Director Larry Kudlow believes the United States economy can withstand the new coronavirus outbreak but acknowledged it may delay China's purchase of US goods under the terms of a trade deal

Trump Economy: Top Adviser Discusses 'V-Shaped' Recovery Amid Coronavirus Pandemic

As Congress considers another stimulus bill later, White House economic adviser Larry Kudlow said the Trump administration wants to incentivize hiring to boost the economy.

Democratic Senator Chuck Schumer and House Speaker Nancy Pelosi said they walked out of a meeting with President Donald Trump at the White House

Are More Stimulus Checks Coming? Democrats Push Republicans To Negotiate A New Bill

Senate Majority Leader Mitch McConnell, R-Ky., has said that talks on another stimulus bill will not take place until mid-July after a two-week recess.

US Supreme Court Lifts Limit On President's Ability To Fire Agency Directors In CFPB Case

The decision came in a case filed by a California law firm that refused to comply with a civil investigative demand issued by the Consumer Financial Protection Bureau.