BUSINESS ARTICLES

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Jared Kushner Convinced Trump in March That Coronavirus Testing Was a Bad Idea

Jared Kushner Convinced Trump in March That Coronavirus Testing Was a Bad Idea

At one of Donald Trump's press conferences this week, he appeared with a banner behind him proclaiming in all caps that "AMERICA LEADS THE WORLD IN TESTING." It was an obvious lie—the U.S. lags far behind other countries that have managed to get their coronavirus outbreaks under control, like Denmark, Germany, and New Zealand.But despite swaths of the country shutting down for two months, the U.S. is still basically where it was when the pandemic started in terms of testing, and experts say that there's no realistic way to return to normal without the number of tests administered every day....

gq.com
Luke Darby
May 14
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Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

Filed underShare this storyMexico can benefit from Chinese economic slowdown, Lopez Obrador saysMEXICO CITY — A slowdown in China’s economy this year should allow Mexico to attract more investment, lure companies and create jobs, Mexican President Andres Manuel Lopez Obrador said on Monday.Speaking at a regular government news conference, Lopez Obrador pointed to forecasters’ expectations that China’s economy will post its weakest growth in years in 2020 amid disruptions caused by the coronavirus outbreak.“That means this big factory, the biggest factory in the world, will reduce its...

financialpost.com
1d ago
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New Zealand media group Stuff to be sold to chief executive Sinead Boucher for NZ$1

New Zealand media group Stuff to be sold to chief executive Sinead Boucher for NZ$1

Boucher - who has plans for a staff ownership model - says the acquisition gives the company ‘a chance to do things differently’ in WellingtonSun 24 May 2020 23.02 EDTA staff ownership model and a charter for editorial independence are among the plans for New Zealand’s largest journalism publisher, after Stuff’s chief executive bought the business from its Australian parent company for a single dollar.Sinead Boucher, a former journalist and editor with Stuff announced on Monday that she had acquired the business, which had long been subject to takeover speculation, from Nine...

theguardian.com
Charlotte Graham
2d ago
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Many Americans Won't Return to Gyms or Dining Out: Poll

Many Americans Won't Return to Gyms or Dining Out: Poll

With state and local officials gradually allowing businesses to reopen, many are still choosing to stay home despite the ability to go work out or eat at a restaurant, a new poll finds.The conducted a survey to see if people were still feeling inclined to leave their homes, opting for at-gym workouts or in-restaurant dining experiences.While 42% of Americans want to return to their monthly habits of heading to concerts, movies, theaters, or sporting events, only about half of those who and gyms would return any time soon.The survey also showed that about a quarter of Americans know someone...

radio.com
Jacquie Cadorette
2d ago
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Consumer sentiment in Germany recovered slightly in May - Economo

Consumer sentiment in Germany recovered slightly in May - Economo

Consumer sentiment in Germany recovered somewhat in May after the shock of the COVID-19 pandemic. Both economic expectations and expectations of income and propensity to consume are rising slightly. As a result, the GfK Institute forecasts a level of consumer attitudes of -18.9 points in June 2020, or 4.2 points higher than that of the indicator in May, which is -23.1 points.“The gradual restart of many businesses has certainly contributed to the propensity to consume, which is currently even slightly increasing”, explained Rolf Buerkl, a consumer behavior expert at GfK. “Nevertheless,...

economo.co.uk
7h ago
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Gig workers unite while facing coronavirus risk - KTVZ

Gig workers unite while facing coronavirus risk - KTVZ

Oregon-NorthwestBy Eric Tegethoff, Oregon News ServicePORTLAND, Ore. (KTVZ) -- -- During the COVID-19 pandemic, workers for online platforms who shop for groceries and deliver food have become essential for many people stuck at home.But they face an uphill battle for recognition, as well as remuneration.Heidi Carrico is a Portland-based grocery shopper for the app Instacart and founding member of the Gig Workers Collective. She says she stopped shopping for Instacart and officially went on strike in March because the risk of contracting the virus wasn't worth the pay."Being called household...

ktvz.com
KTVZ news sources
14h ago
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Croatia coronavirus death toll is 99

Croatia coronavirus death toll is 99

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Igor B
4h ago
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As Relations with China Worsen, VC Funding Targets India - The Tokenist

As Relations with China Worsen, VC Funding Targets India - The Tokenist

Image courtesy of Raw Story./FinTech funding in India surpasses that of ChinaOn May 22, 2020, that Venture Capital funds for FinTech startups are pouring more in India than in China, throughout Q1 2020. This may be a sign of things to come, as the U.S. forges a stronger relationship with India in a possible attempt to thwart China as a rising global force.Coronavirus may have served as a jumping board to exacerbate relations with China and get the public on board, but it was a long time coming. Both the US and India have a vested interest in curbing the growing influence of China in South...

thetokenist.io
thetokenist
3d ago
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Global stocks march higher as coronavirus lockdowns ease and economic activity picks up | Markets Insider

Global stocks march higher as coronavirus lockdowns ease and economic activity picks up | Markets Insider

 Global stocks marched higher Tuesday as coronavirus lockdowns continue to be eased around the world, and major economies show tentative signs of recovery, while investors shrug off mounting tensions between the US and China.Futures for the S&P 500 increased as much as 2.2% during the European morning, while in Asian trade Hong Kong's Hang Seng rose 1.8%, and the pan-European Stoxx 50 rose 0.8%. On Monday, Japan lifted its two-month long after a marked fall in new coronavirus cases in its capital city Tokyo and other hard-hit provinces, one of the most significant examples of lockdown...

businessinsider.com
finanzen.net GmbH
8h ago
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UBS Launches FinTech VC Fund, Predicts Industry Revenue to Top $500 Billion - The Tokenist

UBS Launches FinTech VC Fund, Predicts Industry Revenue to Top $500 Billion - The Tokenist

Image courtesy of UBS./UBS eyes big opportunity in FinTechSwiss investment bank, UBS, has set aside hundreds of millions of dollars for fintech investment. This comes after the bank predicted fintech revenue to reach $500 billion by 2030.Fintech is about to see a large influx of capital, according to a May 25 . It states that UBS, a Swiss investment bank, will be creating a venture capital fund with hundreds of millions of dollars. This money will be dedicated to the support of fintech projects in various sectors. The sectors of fintech that the fund will focus on are client engagement,...

thetokenist.io
thetokenist
6h ago
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Tourists can visit Spain from 1 July with no quarantine

Tourists can visit Spain from 1 July with no quarantine

Log in using your social network accountWant an ad-free experience?Subscribe to Independent Premium.Hi {{fullName}}Related video: How is the pandemic impacting on holidays?Spanish foreign minister calls for common EU policy on cross-border movementTourists will be able to visit from the beginning of July without having to quarantine for two weeks, after the government eased lockdown rules.The world’s second-most visited nation currently demands all foreign visitors isolate themselves for 14 days on arrival, but has decided to lift the controls in an attempt to revive its tourist industry...

independent.co.uk
11h ago
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Denmark’s economy shrinks less than the EU average in 2020 - Economo

Denmark’s economy shrinks less than the EU average in 2020 - Economo

This year, Denmark’s economy will shrink less than that of the European Union (EU), after the country eased restrictions due to the coronavirus earlier than other countries.Denmark’s gross domestic product (GDP) will shrink by 5.3% in 2020, according to the current forecast of the Ministry of Finance in Copenhagen, which is to be published.Unlike Denmark, the EU is expected to fall by more than 7%.“The world has changed dramatically in the last half-year”, said the Danish Finance Minister, Nicolai Wammen. “The coronavirus epidemic has turned our daily lives upside down. The global economy...

economo.co.uk
10h ago
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Latin America's largest airline, LATAM, files for Chapter 11 bankruptcy

Latin America's largest airline, LATAM, files for Chapter 11 bankruptcy

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.Atlanta (CNN Business)LATAM Airlines Group, the largest carrier in Latin America, filed for Chapter 11 bankruptcy on Tuesday, according to a statement released on its website. Reservations, employee pay, flight vouchers as well as passenger and cargo operations will not be affected, according to the statement."The U.S. Chapter 11 financial reorganization process provides a clear and guided opportunity to work with our creditors and other stakeholders to reduce our debt, address commercial challenges...

cnn.com
Maija Ehlinger
May 1
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Ottawa to seek equity or cash from companies applying for new COVID-19 loan program

Ottawa to seek equity or cash from companies applying for new COVID-19 loan program

Filed underShare this storyOttawa to seek equity or cash from companies applying for new COVID-19 loan programOTTAWA — Large companies that receive bridge financing through a new federal loan program will have to give the government the option to take an ownership stake, or provide a cash equivalent.Finance Minister Bill Morneau says the terms will be the same for any company asking for help through the program that opens for applications today.He says the terms are designed to make sure companies using the program receive bridge loans, not bailouts, to get through COVID-19’s economic...

financialpost.com
6d ago
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Here Are The Companies Leading The Work-From-Home Revolution

Here Are The Companies Leading The Work-From-Home Revolution

Sign in to your Forbes account For instructions on how to disable your ad blocker, Or Sign In To Continue Using An Ad BlockerIf this is your first time registering, please check your inbox for more information about the benefits of your Forbes account and what you can do next!BETAThis is a BETA experience. You may opt-out by May 24, 2020,Memorial Day weekend is the unofficial start of summer. It's also the possible turning point in our country’s beginning to reopen the economy. For the last several months, we’ve been told by local, state and government officials to stay at home and...

forbes.com
Jack Kelly
3d ago
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Thousands of Americans ignore social distancing, flock to beaches and parks on Memorial Day weekend - Mazech Media

Thousands of Americans ignore social distancing, flock to beaches and parks on Memorial Day weekend - Mazech Media

Sign inLog into your accountyour usernameyour passwordPassword recoveryRecover your passwordyour emailSign inWelcome! Log into your accountyour usernameyour passwordPassword recoveryRecover your passwordyour emailA password will be e-mailed to you.ShareShare to friendsThousands of Americans flocked to beaches and lakes in different states for Memorial Day, often flouting restrictions imposed to tackle the coronavirus outbreak.Several videos posted to Twitter sparked outrage over the weekend with hundreds of revelers tightly packed at various poolside bars.“No covid concerns at the lake of...

mazechmedia.com
Mazech
1d ago
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Boris Johnson will not face criminal prosecution over relationship with an American woman - Mazech Media

Boris Johnson will not face criminal prosecution over relationship with an American woman - Mazech Media

Sign inLog into your accountyour usernameyour passwordPassword recoveryRecover your passwordyour emailSign inWelcome! Log into your accountyour usernameyour passwordPassword recoveryRecover your passwordyour emailA password will be e-mailed to you.ShareShare to friendsUK Prime Minister Boris Johnson will not face criminal action following allegations of misconduct over his relationship with an American woman but he might have had an intimate relationship with her, the police watchdog said on Thursday.Problem started last September when a UK Newspaper reported that Boris Johnson had a ‘close...

mazechmedia.com
Mazech
3d ago
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Kenya coronavirus death toll is 52

Kenya coronavirus death toll is 52

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Igor B
11h ago
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Renault and Nissan are desperate for help. The alliance Carlos Ghosn built could be their only hope

Renault and Nissan are desperate for help. The alliance Carlos Ghosn built could be their only hope

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.London (CNN Business)The coronavirus pandemic may be forcing Renault and Nissan to their . Already under huge pressure from slumping sales and profits in 2019, the collapse in global car demand this year could push the French and Japanese companies much closer together to cut costs and share the burden of building a new generation of electric vehicles. The carmakers have been partners since 1999, cooperating on strategy and product development while never taking the plunge and completing a full merger....

cnn.com
Charles Riley
Apr 27
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USA coronavirus death toll is 97,076

USA coronavirus death toll is 97,076

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Igor B
12h ago
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Parrot who "heard victim's last words" to testify at trial of two men accused of rape and murder of a woman - Mazech Media

Parrot who "heard victim's last words" to testify at trial of two men accused of rape and murder of a woman - Mazech Media

Sign inLog into your accountyour usernameyour passwordPassword recoveryRecover your passwordyour emailSign inWelcome! Log into your accountyour usernameyour passwordPassword recoveryRecover your passwordyour emailA password will be e-mailed to you.ShareShare to friendsProsecutors handling a rape and murder case in Argentina are planning to use evidence given by the victim’s parrot as evidence against her alleged attackers.The body of 46-year-old Argentine woma, Elizabeth Toledo was reportedly found naked on a mattress on the floor in an apartment in Buenos Aires, next to her parrot. The...

mazechmedia.com
Mazech
20h ago
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Burkina Faso coronavirus death toll is 52

Burkina Faso coronavirus death toll is 52

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Igor B
12h ago
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