Business

by | August 10, 2020 | 02:14

Prices for the 10-Year Treasury fell, raising yields to 0.56% from Thursday's 0.54%. The data published by the US Bureau of Labor Statistics showed on Friday that Nonfarm Payrolls in July increased by 1,763,000, compared to analysts' estimate of 1.6 million.

by | August 10, 2020 | 01:46

Eleven people are in hospital and four of those are in intensive care. The province recorded 47 new COVID-19 cases for the second straight day Thursday, including some involving crew members on a US -registered marine vessel. She highlighted a relatively low volume of community transmission, thanks to quick work done by public health officials. As of Thursday, a total of 3,881 people have tested positive in B.C.

by | August 05, 2020 | 01:15

Both the Concorde , which was in service from 1976 to 2003, and the Soviet-built Tupolev Tu-144, which had a passenger service life of only three years, flew at a cruising speed of just over Mach 2. (AP) The Virgin Galactic aircraft will fly at an altitude of 60,000ft. Virgin Galactic and its subsidiary, The Spaceship Company, introduced a new supersonic jet design concept on Monday aimed at the long-distance commercial aviation segment.

by | August 04, 2020 | 01:31

Oil prices edged up on Wednesday after a steep drop in US crude inventories , but another record day for COVID-19 cases worldwide kept gains in check. Four U.S. states reported one-day records for coronavirus deaths on Tuesday and cases in Texas passed the 400,000 mark. Amid slow recovery of fuel demand due to the resurgence of the virus, investors are also anxious about oversupply, as the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, will ease oil ...

by | August 04, 2020 | 02:04

There have already been over 3.3 million hits on the Eat Out to Help Out restaurant finder since it launched last week, which shows what businesses are participating in local areas, and many restaurants have since seen a boost in bookings.

by | August 03, 2020 | 01:56

Their huge size also gives their stocks' movements great sway over index funds: The four alone account for almost 16% of the S&P 500 by market value. Stocks posted big gains for the month, led by the Nasdaq's almost 7% climb. The yield on the 10-year Treasury ticked up to 0.55% from 0.54% late Thursday.

by | August 03, 2020 | 00:49

Under the draft proposal published by the Australian Competition and Consumer Commission, platforms will have to "negotiate in good faith over each bargaining issue" with news outlets that request talks on payment, for example. Treasurer Josh Frydenberg said, "Australia will become the first country to require Facebook and Google to pay for news content provided by media companies under a royalty-style system that will become law this year".

by | July 31, 2020 | 01:45

After refusing to put forth his own plan for months and blocking House Democrats' proposal to extend the $600-per-week unemployment payments through January of next year, McConnell on Wednesday attempted to blame Pelosi for the coming lapse in benefits-a narrative Democrats immediately rejected.

by | July 26, 2020 | 02:30

We can not piecemeal this". The GOP's inability to reach consensus on their proposed starting point for those talks doesn't bode well for that next stage, which is likely to be even more challenging. On Thursday, the Labor Department reported that another 1.4 million people filed initial unemployment claims last week. The GOP scramble leaves the fate of the broader deal - and the $600 weekly unemployment benefits that have provided a lifeline for millions of Americans - still in some ...

by | July 24, 2020 | 02:03

USA gold futures were 0.7% higher at $1,856.90 per ounce. Multi Commodity Exchange ( MCX ) gold futures - due for delivery on August 5 - rose by Rs 493 or 1 per cent to a record Rs 50,020 in morning. "The safe-haven investment demand further went up as US President Donald Trump has said the coronavirus situation could worsen before it gets under control", he added.

by | July 23, 2020 | 00:48

The House of Representatives in May had passed a new 3-trillion-dollar coronavirus relief package, but it was proposed by Democrats and was not likely to gain approval from the Republican-held Senate . Republicans are pressing for a $1 trillion package; Democrats have already approved a $3 trillion bill, pushing for extensions of supplemental unemployment insurance and a boost to state and local governments hit with unprecedented budget shortfalls in the wake of the pandemic.

by | July 22, 2020 | 00:44

Spot gold wasat $1818.53 per oz after earlier hitting a high of $1820.06. Gold futures are less than US$100 away from the all-time high of US$1,923.70 set that year. Projections for average silver prices rose to US$17.50 an ounce for 2020 and US$20.03 for 2021, up from US$16.56 and US$17.87, respectively in April's poll.

by | July 19, 2020 | 01:21

Facebook has already tested Reels in Brazil, France, and Germany , but it's not immediately clear if Australia is among the next 50 countries shortlisted to feel the Reel. In late June, India banned TikTok and other 59 apps following tension with China at its borders. You can then add music to your video creation or even use audio from another person's video.

by | July 18, 2020 | 01:38

Instead of releasing the model created, Tesla developed another new "Standard Range Plus" version of the Model 3, which also has a slightly more extended range than the previous and starts at $38,000. As you can see, it's still on the table, and it will have a range of over 300 miles. Doing range testing now. Extremely good for any EV, especially an SUV.

by | July 15, 2020 | 00:29

Two of Pfizer and BioNTech's potential COVID-19 vaccines have been granted Fast Track status by the FDA, a process created to hasten their development and review. They also expect to make up to 100 million doses by the end of this year and potentially more than 1.2 billion doses by 2021-end, if the vaccine is successful.

by | July 15, 2020 | 00:36

OPEC + will meet on Wednesday to discuss whether to keep in place production cuts of 9.6 million barrels per day (bpd) or roll them back, possibly by 2 million bpd. OPEC and Russian Federation were expected to ease their supply cuts as global oil demand has recovered and prices have bounced back. Opec+ will hold a video conference on Wednesday to review the deal.

by | July 14, 2020 | 01:20

As such, Trudeau said the federal government "will be discussing with our American partners what the next steps should be, and we will have more to say later this week, I'm sure". WE Charity disclosed last week that between 2016-2020 it paid honoraria to Trudeau's mother, Margaret, amounting to C$250,000 for speaking at some 28 events, while his brother Alexandre received about C$32,000.

by | July 14, 2020 | 01:54

During the keynote, Pichai announced the Google for India Digitization Fund with an investment of Rs. 75,000 crore. Investments will focus on four key areas of India's digitisation, he said. After that, a $1 Million Grant through Global Distancing fund for helping teachers to deliver virtual education for students was also announced. "There's still more work to do in order to make the internet affordable and useful for a billion Indians ...

by | July 11, 2020 | 00:51

The anticipated deficit represents a 1,633 percent rise over the $14.66 billion budget shortfall in the fiscal year 2019-20 and 181-fold rise from the $1.41 billion surpluses the Trudeau government inherited from the previous government in 2015.

by | July 07, 2020 | 01:30

According to The Times, Uber is expected to merge Postmates with its popular homegrown food-delivery app Uber Eats . Postmates was founded by Bastian Lehmann, Sam Street, and Sean Plaice in 2011 and says it has grown to include 600,000 merchants across all 50 states.

by | July 06, 2020 | 00:46

Rocket Lab cut the live stream at that point and it was later announced that the mission failed. "The financial loss here is generally covered from our customers by insurance. The mission appeared to be progressing as intended, but the launch vehicle appeared to experience unexpected stress during the "Max Q" phase of launch, or the period during which the Electron rocket experiences the most significant atmospheric pressure prior to entering space.

by | July 05, 2020 | 01:48

U.S. President Donald Trump's White House on Thursday rallied around the message that all was well both in the battle against coronavirus and in efforts to get the U.S. The president, during his earlier comments to reporters, expressed confidence that the surge in virus cases would not slow the recovery. Texas again topped its previous record on Wednesday with 8,076 new cases, while SC reported 24 more deaths, a single-day high for the state.

by | July 01, 2020 | 01:08

Some advertisers are additionally motivated by a desire to preserve "brand safety", objecting to their promotional material appearing next to inappropriate content. We will take this time to reassess our advertising policies to determine whether revisions are needed. The campaign also alleged that Facebook had "turned a blind eye to blatant voter suppression" on its platform, adding that while Facebook could protect and support Black users as well as call out Holocaust denial as hate, it is ...

by | July 01, 2020 | 00:33

Champions of the boycott say Facebook has not done enough to keep white supremacists and racist, false and unsafe content off its platform. They are also disappointed that the company has allowed users to call for violence against protesters fighting for racial justice in the wake of the deaths of several Black Americans.

by | June 29, 2020 | 01:45

Oil headed for a weekly decline - only the second since April - as a surge in U.S. coronavirus cases clouded the demand outlook, though the pessimism was tempered by huge cuts to Russia's seaborne crude exports. The cost of the August futures for Brent crude on the London ICE Futures exchange to 18:00 GMT on Friday is $40,59 per barrel, or $0,46 (1,12%) below the price of closing of previous session.

by | June 26, 2020 | 01:19

Bayer bought the U.S. firm two years ago for $63bn in a deal now regarded as one of the most disastrous takeovers in corporate history. "In short, this is the right action at the right time for Bayer", CEO Werner Baumann said during a conference call with reporters.

by | June 23, 2020 | 00:35

Anganwadi centres, Rural roads, rural housing, Railway works, RURBAN Mission in rural areas which are taking shape of urban areas, solar pumpset, laying of fibre optic cables, jal jeevan are other various works included in the 25 public works.

by | June 22, 2020 | 02:13

He continued, accusing the media of being "negative" and discouraging people from attending the rally, which is happening as coronavirus cases continue to grow in the United States. The country's racial divide remains a political vulnerability for Trump. The Saturday rally also came as U.S. states and cities have begun removing statues of Confederate figures amid a national reckoning over police brutality and racism sparked by the death of George Floyd, a 46-year-old African American man, ...

by | June 21, 2020 | 01:35

The Nasdaq was little changed. Apple announced that the company would re-close almost a dozen stores in four states where the number of cases of COVID is rising. AMC Entertainment Holdings Inc rose 0.8% on plans to reopen theaters at about 450 locations in the United States next month and the company expects to return to full-seating capacity around Thanksgiving.

by | June 20, 2020 | 00:58

The oil-to-technology major has raised Rs 1.15 lakh crore through stake sales to multiple investors in its technology subsidiary Jio Platforms and around Rs 53,000 crore through a rights issue. In the weeks since, the telecom operator has raised an additional $9.5 billion from a roster of nine high-profile investors including Silver Lake , KKR , and General Atlantic .

by | June 19, 2020 | 10:19

During the week ending June 13, residents of Northeast Tennessee, an eight-county region that includes Washington, Carter, Sullivan and Unicoi counties, filed 649 new claims for unemployment. "That suggests we are still dealing with more than 2 million new claims in the latest week", Bankrate.com senior economic analyst Mark Hamrick said in an email to IBTimes.

by | June 17, 2020 | 00:42

Most AU traders can only trade the United States stock market's from 23.30 to 06.00 AEST, but with our extended hours you can trade for much longer. "A potential COVID-19 steroid treatment in the United Kingdom combined with record retail sales and news of additional stimulus has been met with unbridled optimism".

by | June 16, 2020 | 00:30

We do not hesitate to recognize today a necessary outcome of that legislative choice: "An employer who fires an individual merely for being gay or transgender defies the law". The Supreme Court combined 2 cases. a man in Clayton County, GA who claimed he was sacked as a social worker after he became more open about being gay, and a man fired as a skydiving instructor.

by | June 15, 2020 | 01:07

The company is raising concerns over how the technology can be used by law enforcement to racially profile people. In March, John Frank, Microsoft's vice president of EU Government Affairs, revealed to IT Pro that the company had previously rejected an application from an unnamed United States police that sought to use facial recognition technology in its body-mounted cameras.

by | June 12, 2020 | 01:32

John Thune, a South Dakota Republican and the majority whip in the chamber, also pointed to local officials to change policing compared to a federal leeal solution". "We must pass legislation that makes our common values and our common ideals real in the law of our land", said Booker, the first black elected to the Senate from New Jersey.