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Bed Bath & Beyond to shutter 200 stores in next two years

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The C-19 coronavirus Will Not Shutdown the US Economy Again

Yet the virus remains deadly across the United States, with more than 112,900 deaths reported as of Wednesday and two million cases, while some states like Texa...

Fed sees 6.5% fall in US GDP this year

US Federal Reserve chair Jerome Powell on Friday reiterated his pledge to do what he can to bring the US labour market back to its pre-coronavirus strength....

Quadriga Downfall Stemmed From Founder's Fraud, Regulators Find

The Ontario Securities Commission (OSC) released a report after a 10-month long investigation into the defunct cryptocurrency exchange QuadrigaCX . "Oper...

Petrol prices breach ₹75-mark in Delhi in seventh consecutive hike

India imports around 85% of its oil requirements. The price of brent crude, according to reports, has almost doubled in a month. In seven hikes, petrol pric...

Hundreds in Lebanon protest tumbling of national currency

Those rallies degenerated into violence, including attacks on private banks and shops. Lebanese parliament speaker Nabih Berri said earlier that the governmen...

Google Ads Revises Policies to Clamp Down on Discriminatory Practices

USA protests following the death of George Floyd , an African American man who died in police custody in Minneapolis, have placed a spotlight on racial inequit...

Oil prices extend slump as USA coronavirus cases climb

Brent was up 20 cents, or 0.52 per cent, at $38.75 a barrel by 0926 GMT, having lost more than $1 earlier in the session. While producers have been cutting s...

USA stocks open higher following heavy rout

Real estate led the rise, with the sector up 2.85 per cent. The previous day's drops were attributed to concerns about how quickly the economy can rebound fro...

Hertz Bankruptcy Court Approves $1B Stock Sale

Shares of Hertz would have to sell for more than $4 each for it to raise $1 billion. Hertz's shares surged as much as 68 per cent shortly after the start of r...

New Jersey shore town allowing indoor dining despite coronavirus

A city in New Jersey is defying Gov. Phil Murphy's orders by planning to permit restaurant guests to sit inside while dining as early as next week. As part of...

Moderna Ramps Up SARS-CoV-2 Vaccine Productive Capacity

The vaccine, known as mRNA-1273, will be given in the 100 microgram dose level in the trial, which is being done in conjunction with the National Institute of A...

Italy, Germany, France and Netherlands sign contract with Astrazeneca for COVID vaccine

A spokesperson for the Indian subsidiary said the company has not received any communication from its parent on vaccine trials and that the development is being...

Petrol, Diesel Price Hiked for 6th Day In a Row

Rates have been increased across the country and vary in each state depending on the incidence of local sales tax or value added tax. The auto fuel prices hav...

Moderna On Track To Start Phase 3 Coronavirus Vaccine Trial In July

Also read: When can we expect a COVID-19 vaccine? "We have leveraged the Institute's expertise and infrastructure to be able to compress what would, under n...

Band-Aid "exploring" bringing diverse skin tone bandages to Canada

We see you. We are committed to taking actions to create tangible change for the Black community", The Instagram post read. The announcement from Band-Aid com...

UK Hardest Hit by Coronavirus Says OECD

The OECD's latest Economic Outlook report underlined that COVID-19 triggered the most severe recession in almost a century and is causing enormous damage to p...

Sensex Plummets over 1,100 Points in Early Trade on Global Selloff

On the other hand, Sun Pharma was the sole gainer. Foreign institutional investors were net sellers on Thursday in the capital market as they sold shares wort...

Trump's economic adviser claims "no second wave"

They say there is no second spike, I repeat, there is no second spike. Muduchin said yesterday in testimony and I totally agree 'We're not going to close the e...

McDonald's to begin reopening for walk-in takeaway service

Meanwhile, things will look a little different inside the restaurants, with strict measures in place to keep staff and customers safe. Signposting and floor m...

United States stocks open higher, bouncing back from rout; Dow up 3%

Bond yields rise as prices fall. On the whole, more than 2 million Americans have been infected by the virus. The Dow Jones Industrial Average fell 1,861.82 p...

UK Government supports the wages of 25,200 jobs across Harrogate

Businesses have furloughed 15,700 jobs in West Norfolk, up to May 31, since the CJRS was launched on April 20. Under the SEISS , self-employed individuals ...

Hertz surges on plan to sell US$1b stock in bankruptcy

Investors are bidding up Hertz and other bankrupt companies on optimism that the economy and specifically air travel is poised to rebound. Hertz bankruptcy ...

Walmart to 'discontinue placing multicultural personal care products' in locked cases

Walmart's Twitter account quickly responded "Jesús, we're sensitive to the issue and understand your concerns". Walmart says it will no longer lock up Afri...

Border may open by the end of June

Appearing on Channel 9's Today show, Mr Hart said it was time to start considering jobs, especially within the tourism industry, which on the Gold Coast alone...

Another 1.5 million workers file jobless claims

In the months before the coronavirus pandemic hit, jobless claims hovered around 210,000. The Colorado Department of Labor and Employment said 12,941 Colora...

Singapore Grand Prix and Night Race concerts cancelled

Along with the Japanese Grand Prix in Suzuka , which cited travel restrictions as its main issue, they have been cancelled for this season as Formula One nar...

S&P 500 Futures Rise After Worst U.S. Stock Selloff Since March

The easing of lockdowns and a massive stimulus program to help the economy bounce back quickly to pre-pandemic levels have been pivotal in the S&P 500 staging a...

Restrictions On PPP Loan Conditions Eased

Currently, many farmers are being deemed ineligible for PPP loans due to reporting negative net incomes to the IRS as a result of low commodity prices and wet p...

Air New Zealand resuming flights to Japan

Foran envisions Air New Zealand will be 70% of its pre-COVID-19 size by August 2022 and hinted at further layoffs as the second phase of a cost-cutting plan, to...

United Kingdom economy shrinks record 20.4% in April due to lockdown

The fall - the largest since records began in 1997 - massively outstrips the then-record 5.8 per cent drop in March GDP reported last month. On the same day, ...