Result Page 903 for Latest Business News & Archive

Bitcoin Price Won't Exceed $10,000 Until 2021, Analyst Predicts

The heavy correlation of Bitcoin with the stock market could mean that the world’s first cryptocurrency will be stuck in the $6,000 - $10,000 range until 2021.

Richest Person In The World: These Are The Only 2 Billionaires In New Zealand

New Zealand only has two billionaires: Soichiro Fukutake and Graeme Hart.

Coronavirus Recession: Federal Reserve Limits Bank Dividends, Blocks Stock Buybacks To Protect Financial System

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

The restrictions apply to the third quarter.

Thursday’s Stock Market Close: US Equities Rise In Volatile Session, Powered By Surging Bank Stocks

U.S. stocks rose on Thursday although cases of covid-19 spiked in some states.

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Long lines of cars stretch around the corner at the COVID-19 drive-through testing site at Houston's United Memorial Medical Center, as coronavirus cases in Texas surge.

Coronavirus Surging: Texas Suspends Elective Surgeries, Pauses Reopening Efforts

Texas Gov. Gregg Abbott says it's imperative to follow coronavirus mitigation guidelines.

Ford Recall 2020: Pickup Trucks, SUVs Recalled Over Safety Issues

Ford has issued recalls for a series of SUVs and F-Series pickup trucks within its lineup that may need repairs from a dealer. Is your SUV or truck on the list?

Last week, auditors Ernst & Young said 1.9 billion euros ($2.1 billion) were missing from Wirecard's accounts

Wirecard’s Banks, Creditors Stand To Lose Billions As Payment Processor Collapses

Wirecard filed for insolvency on Thursday

The US is lagging behind other advanced economies in pushing a stimulus package to counteract the economic damage done by the COVID-19 epidemic

Will There Be Another Round Of Economic Stimulus Checks? June Jobs Report Probably The Deciding Factor

The June unemployment rate is due to be released next Thursday.

Contact Lenses Recall 2020: Possible Health Threat Forces Recall

The FDA urges consumers to immediately stop using these contact lens because they pose a health threat.

Two Royal Mail postal workers wearing coronavirus masks deliver mail in a deserted Leeds city centre

Royal Mail To Slash 2,000 Management Jobs As Fewer People Write Letters

Frontline delivery staff were not yet affected by layoffs

Macy’s Layoffs 2020: Why 3,900 Corporate Employees Will Lose Their Job

Macy's will make cuts to its corporate and management workforce as it looks to trim $365 million in fiscal 2020.

An employee counts U.S. dollars at ACLEDA bank in Phnom Penh

How Was Coronavirus Relief Money Spent? $1.4 Billion In Stimulus Checks Went To Dead People, Congressional Watchdog Says

“GAO recommends that IRS should consider cost-effective options for notifying ineligible recipients how to return payments" -- GAO

Qantas said it would ground eight of its 10 double-decker Airbus A380s currently in operation

Qantas To Cut At Least 6,000 Jobs, Embarks On Three-Year Cost Savings Plan

About 20% of the airline’s workforce will be cut

Chuck E. Cheese, Peter Piper Pizza File For Bankruptcy: What Does It Mean For The Restaurants?

With about $1 billion in debt, CEC Entertainment has filed for Chapter 11 bankruptcy protection under the weight of the coronavirus.

Thursday’s Stock Market Open: US Equities Fall On Rising Covid-19 Cases, Stubbornly High Initial Jobless Claims

U.S. stocks dropped on Thursday as cases of covid-19 spiked in some states.

Wall Street Stalwart Dun & Bradstreet Seeks To Raise $1.4 Billion In Initial Public Offering

Dun & Bradstreet went private in Feb. 2019

Hundreds of unemployed people wait outside the Kentucky Career Center in Frankfort, Kentucky for help with their unemployment claims

Coronavirus Economy: More Than 30 Million Americans Are Collecting Unemployment Benefits

The number of initial claims filed last week were higher than economists had anticipated.

Digital threats including misinformation and ransomware could threaten the integrity of the 2020 US election, security researchers say

REvil Hackers Threaten To Expose Secrets Of LeBron James, Nicki Minaj In Crypto Ransom

REvil claimed the data, which is over 1TB in size, contained documents of celebrities including Lebron James, Nicki Minaj, and Mariah Carey.

ethereum-bitcoin-cryptocurrency-digital-blockchain-getty_large

Ethereum Price Tumbles, Grayscale Ethereum Trust Down 50%: Here's Why

The collapse of a Grayscale Ethereum Trust and the excitement for Decentralized Finance (DeFi) tokens over ETH are taking the world’s second-largest cryptocurrency back to the $220 range.

Traders work during the opening bell at the New York Stock Exchange (NYSE) on November 4, 2019 in a session that would produce records for the Dow, S&P 500 and Nasdaq

US Stock Futures Waver As Investors Eye Jobs Data, Coronavirus Numbers

U.S. stock market futures moved sideways early Thursday morning but had largely recovered from the lows tested after-market Wednesday.

Richest Person In The Philippines: Manny Villar’s Net Worth Is PHP245 Billion

Manny Villar is the cash king of the Philippines with his PHP245 billion or about $4.9 billion net worth.

Bitcoin Price Could Hit $50,000 If Large Investors Allocate 1% Of Funds On BTC

New research suggested that when institutional investors could allocate a small portion of their money to Bitcoin, the world’s first cryptocurrency could move past up $50,000.

Wednesday’s Stock Market Close: US Equities Plunge On Spike In New Covid-19 Infections, Oil Drops

U.S. stocks dropped on Wednesday as IMF warned public finances will significantly deteriorate

Cherie Blair, Shrichand Hinduja and Ashok Hinduja

India’s Hinduja Brothers Locked In Legal Battle Over Family’s $11 Billion Fortune

The Hinduja group owns scores of companies around the world.

Many people remain wary of returning to cafes and restaurants

Restaurants Continue To Be Pinched By The Coronavirus: More Than 20% Could File For Bankruptcy

Over 15.6 million workers are dependent on the restaurant industry for a job. The impact of the coronavirus could jeopardize their employment.

Can Universities Recover From Coronavirus? Buyouts, Layoffs, Cuts In Wake Of Pandemic

Thousands of high school graduates are expected to opt for a gap year rather than attend virtual classes at major universities.

Why Ford Needs A Successful Launch Of The Best-Selling F-150 Pickup Truck

Ford will release the 2021 F-150 pickup truck on Thursday at 8 p.m. ET during a live streaming event.

Norway Plans To Expand Oil Exploration n Arctic

The Barents Sea area is largely unspoiled.

Lordstown Motors To Unveil All-Electric Endurance Pickup Truck Live: Here’s How To Watch

Lordstown Motors will reveal its electrified Endurance pickup truck live on Thursday.

How Is The US Economy Recovering? Cities Warn Of Devastating Consequences If Federal Aid Delayed

A survey of 1,100 municipalities indicates they're projecting $360 billion in revenue losses in the next three years and will have to make drastic cuts in personnel and programs, and will have to cancel capital projects.

GNC Store Closings 2020: Which Locations Are Closing? [COMPLETE LIST]

GNC said it would accelerate the closing of 800 to 1,200 stores after filing for Chapter 11 bankruptcy protection.

Highly Skilled Tech Workers Blocked By Trump’s Visa Restrictions Might Consider Europe Instead

European tech startups still lag behind the U.S.

Cartons of White Claw, Truly and Bon & Viv spiked seltzer are on display at the Round The Clock Deli in New York -- the alcoholic beverage is all the rage in the United States

Drinking In America: Shift From Traditional Alcohol To 'Healthier' Low Carb Drinks, Non-Alcoholic Beer And Marijuana Continue Amid Coronavirus

Overall sales and consumption of traditional alcohol products like beer and wine continue trending downward amid the rising popularity of these "healthier" drinking options.