LONDON (REUTERS) – HSBC Holdings posted a higher-than-expected 65 per cent tumble in first-half pre-tax profit as the coronavirus pandemic and its impact on businesses forced the Asia-focused bank to […]
NASA astronauts make historic return home aboard SpaceX capsule
(Reuters) – U.S. astronauts Bob Behnken and Doug Hurley, who flew to the International Space Station in SpaceX’s new Crew Dragon, splashed down in the capsule in the Gulf of […]
New ways to make money in Covid-19 pandemic
In the bedroom of her New York apartment, Ms Alison Mazur relaxed into her chair while an aesthetician coated her nails in taupe polish. It was the first manicure-pedicure she’d […]
Small U.S. business defaults up in states hit hard by COVID-19
(Reuters) – U.S. states hit hardest by COVID-19 had some of the biggest jumps in small business loan defaults since the onset of the pandemic, and some of the highest […]
EU okays with conditions Alstom's buy of Bombardier's rail business
BRUSSELS (Reuters) – EU antitrust regulators approved on Friday Alstom’s (ALSO.PA) bid for Bombardier Inc’s (BBDb.TO) rail business after the French TGV high-speed train maker agreed to sell assets to […]
Under Armour revenue beats on e-commerce strength
(Reuters) – Sportswear maker Under Armour Inc (UAA.N) (UA.N) beat analysts’ estimates for quarterly revenue on Friday, as consumers shopped more online during the coronavirus lockdowns, sending its shares up […]
Chevron posts $8.3 billion loss on write downs, job cuts
HOUSTON (Reuters) – Chevron Corp (CVX.N) on Friday reported an $8.3 billion loss on asset writedowns from plummeting fuel prices, an forced exit from Venezuela and expenses tied to thousands […]
Buffalo Exchange assault allegations cause stores to close temporarily
Buffalo Exchange, the Tuscon, Ariz.-based vintage clothing retailer with stores in 19 U.S. states, has cut ties with its Colorado franchisee group after dozens of anonymous allegations of employee abuse […]
S&P dips on worries about earnings, data, stimulus and election
(Reuters) – The S&P 500 and Dow closed lower on Thursday after data painted a worrying economic picture on a crucial day for corporate earnings reports, while President Donald Trump […]
Wall St. closes higher after Fed vows more support for the virus-battered economy
New York (Reuters) – U.S. stocks closed higher on Wednesday, adding to gains after the Federal Reserve repeated a pledge to use its “full range of tools” to support the […]