Business

Reopening the Economy Now Is Donald Trump's Last Hope of Entering the 2020 Election With Good GDP Data

1 minute ago   |   Newsweek

The economy was the jewel in President Donald Trump's re-election campaign. With a successful reopening, it might be once again. But there are major risks and the recovery will...
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Airbus and Safran shares rise on Boeing cost cuts and 737 MAX restart

3 minutes ago   |   Reuters

Shares in French aerospace companies Airbus and Safran rose on Thursday, buoyed by Boeing's announcements of more cost-cutting measures and a restart to the production of the...
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Oil falls as surprise U.S. stock build douses demand recovery hopes

3 minutes ago   |   Reuters

Oil prices plunged on Thursday after U.S. industry data showed a surprise steep build in crude oil inventories, dampening hopes of a smooth recovery in demand as some countries...
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Burbank small business owner navigates reopening process for in-store shopping

13 minutes ago   |   ABC

A small business owner in Burbank is preparing to welcome back customers with strict guidelines in place.
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Alibaba extends its reach in China as coronavirus outbreak opens doors

23 minutes ago   |   Reuters

Alibaba Group Holding Ltd is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand its businesses and solidify its...
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Britain's easyJet to axe up to 30% of staff

23 minutes ago   |   Reuters

British low cost airline easyJet said it planned to cut up to 30% of its staff, or 4,500 jobs, and shrink its fleet, to fit the smaller market that will emerge from the...
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Spain says Nissan has decided to close its Barcelona plant

23 minutes ago   |   Reuters

Japan's Nissan Motor Co has decided to close its factory in Barcelona, resulting in the loss of about 3,000 jobs as part of a new worldwide restructuring plan, the Spanish...
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Fast-fashion giant Boohoo acquires remaining stake in widely successful PrettyLittleThing brand for $331 million

Fast-fashion giant Boohoo acquires remaining stake in widely successful PrettyLittleThing brand for $331 million

29 minutes ago   |   Business Insider

British fast-fashion giant Boohoo announced Thursday that it had acquired the remaining 34% stake in PrettyLittleThing for an initial consideration of £269.8 million . Boohoo...
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GameRefinery: Match-3 games are 21% of U.S. iPhone gaming market

GameRefinery: Match-3 games are 21% of U.S. iPhone gaming market

31 minutes ago   |   Venture Beat

Match-3 games like Candy Crush Saga are the most prominent subgenre in the U.S. iPhone game market, accounting for 21% of the market's revenue.
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Renault loan still not signed, site closures must be last resort: Le Maire

1 hour ago   |   Reuters

French Finance Minister Bruno Le Maire on Thursday said that the government had yet to sign off on a planned 5 billion euro loan for Renault , and that the carmaker's site...
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Trump is unleashing an executive order against social media companies, and...

Trump is unleashing an executive order against social media companies, and it could trigger a legal fight they desperately want to avoid

Donald Trump plans to issue an executive order targeting social media companies on Thursday. The US President has been railing against tech companies after Twitter fact-checked... Read more ...

Wielding Twitter like a weapon: Here's what was really going on when Trump's...

Wielding Twitter like a weapon: Here's what was really going on when Trump's most outrageous tweet storms took place

President Donald Trump's Twitter use has gotten to the point where the social media company has, for the first time, marked two of his tweets with a fact check for the... Read more ...

LA Sues California Company, Alleging 'Sophisticated' COVID-19 Fraud

LA Sues California Company, Alleging 'Sophisticated' COVID-19 Fraud

The city attorney accuses Wellness Matrix Group of "shocking deceptive conduct" over its sales of purported "at-home" coronavirus tests and virus-killing disinfectant. (Image... Read more ...

Human services chief: Ohio jobless claims came 'in a tsunami'

Human services chief: Ohio jobless claims came 'in a tsunami'

Ohio faced an unprecedented surge in unemployment claims almost overnight as the pandemic led to widespread business shutdowns, leaving the state no time to retool its system... Read more ...

Disney World is set to reopen on July 11 with masks and temperature checks...

Disney World is set to reopen on July 11 with masks and temperature checks required

Disney World is set to reopen gradually on July 11, according to a report from the Orlando Sentinel. Disney told a Florida task force it plans to open the Animal Kingdom and... Read more ...

Micron climbs 6% after boosting sales guidance by more than expected

Micron climbs 6% after boosting sales guidance by more than expected

Micron climbed 6% on Wednesday after the company raised its fiscal third quarter revenue guidance to a range of $5.2 billion to $5.4 billion, according to an 8-K filed with the... Read more ...

General Electric Makes The Switch Away From Lightbulbs

General Electric Makes The Switch Away From Lightbulbs

GE was born when Thomas Edison's electrical company merged with a rival in 1892, and the company has been making lightbulbs ever since. Now it's selling off its lighting... Read more ...

Why SpaceX's launch for NASA is such a big deal for Elon Musk's rocket...

Why SpaceX's launch for NASA is such a big deal for Elon Musk's rocket company and the US as a whole

SpaceX is set to launch NASA astronauts to the International Space Station for the first time on Wednesday afternoon. It will be the first time an American-made spacecraft has... Read more ...

Twitter tried to correct Trump's falsehoods about vote by mail, but the...

Twitter tried to correct Trump's falsehoods about vote by mail, but the platform's first fact-check on the president's tweets was itself misleading

For the first time on Tuesday, Twitter rolled out a feature to flag Trump's tweets about voting by mail as misleading in an effort to provide more context and fact-check... Read more ...

'We'll let you know how it works out': SpaceX's Crew Dragon spaceship toilet...

'We'll let you know how it works out': SpaceX's Crew Dragon spaceship toilet is a secret that apparently no one can or wants to talk about

NASA astronauts Bob Behnken and Doug Hurley are scheduled to become the first people to rocket into space from US soil since the shuttle program ended in 2011. Behnken and... Read more ...