Business - /contrib/business/

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Here's where things stand on the White House's push for a $1 trillion stimulus package...
Lawmakers on both sides of the aisle have supported relief to certain industries. But there may be a dispute over paid time off for employees.
By Anonymous Submission on 2020-03-18 14:53 UTC
Coronavirus Causes Best Buy to Limit In-Store Customers to 10 to 15 At a Time...
The new policy, which goes into effect on Monday, March 23, is designed to stop the spread of the coronavirus at company stores, which often attract gatherings of electronics customers.
By Anonymous Submission on 2020-03-18 03:12 UTC
Fox to buy video streaming firm Tubi for $440 million in cash...
Submitted to Category: /contrib/business/, /contrib/tech/
Fox Corp said on Tuesday it would acquire video streaming firm Tubi for about $440 million in cash and will fund the deal with the net proceeds from the sale of its stake in Roku Inc .'
By Anonymous Submission on 2020-03-18 03:06 UTC
Amazon Stops Shipments of 'Non-Essential' Items...
Amazon announced it will suspend stocking non-essential items at distribution centers to focus on “high-demand” critical items. The suspension is slated to last until April 5. It appears the suspension of certain items only applies to items that are “fulfilled by Amazon.” Orders that are fulfilled
By Anonymous Submission on 2020-03-18 03:02 UTC
Amazon Suspends Third-Party Fulfillment On Anything But Medical Supplies and Household Staples...
Amazon will stop independent third-party sellers on its platform from selling anything but medical supplies and household staples in the United States and the European Union. Amazon made the announcement to sellers through an email sent Tuesday morning an
By Anonymous Submission on 2020-03-17 15:16 UTC
Dow dives 2,999 points on fears virus will cause recession...
NEW YORK (AP) — The Dow industrials took a 2,999-point nosedive on Monday as fears deepen that the coronavirus outbreak will throw global economy into recession. Even for a market beset by volaility in recent weeks, the losses were staggering. The 1
By Anonymous Submission on 2020-03-16 20:19 UTC
Stocks nosedive on Wall Street, triggering trading halt...
NEW YORK (AP) - Stocks are down 9% after trading resumed on Wall Street following a temporary halt Monday morning. Markets are down by similar percentages around the world as huge swaths of the economy come closer to shutting down due to the coronavirus o
By Anonymous Submission on 2020-03-16 14:40 UTC
Abercrombie & Fitch, Levi Strauss and VF Close Stores in Coronavirus Response...
Abercrombie & Fitch ANF, Levi Strauss LEVI and VF Corp. VFC said they would be closing stores in the face of the coronavirus. Broad-market trading was halted shortly after the open because a flood of selling triggered circuit breakers. At last check, Aber
By Anonymous Submission on 2020-03-16 14:40 UTC
25 Million XRP Head to Bistamp From Ripple Whale Wallet...
The recent market sell-off may not affect only stocks and Bitcoin (BTC). Apparently, XRP whales are also looking for a fiat position, as one wallet moves 24.95 million tokens to a crypto exchange. Who is this Whale? A recent "whale" transaction re
By Anonymous Submission on 2020-03-13 03:01 UTC
Cryptocurrencies see $93.5 billion wiped off value in 24 hours as bitcoin plunges 48%...
The fall in cryptocurrency markets comes amid a broader sell-off in equities as governments worldwide continue to grapple with the spread of the new coronavirus.
By Anonymous Submission on 2020-03-13 02:59 UTC
Bitcoin Falls Below $5K as Market Pain Deepens...
Bitcoin fell below $5,000, but some investors have long-term hopes.
By Anonymous Submission on 2020-03-13 02:58 UTC
Jing Fong, NYC's largest Chinese restaurant, closes as coronavirus hurts business...
Jing Fong, the city's largest Chinese restaurant, has closed. After 48 years in business, the iconic restaurant known for its classic dim sum carts, is shuttering due to a slowdown triggered by the coronavirus outbreak, said Claudia Leo, the restauran
By Anonymous Submission on 2020-03-13 01:27 UTC
AT&T is suspending broadband data caps for home internet customers due to coronavirus...
AT&T is suspending the broadband data caps for home internet customers due to the coronavirus' effect on the American workplace. With so many people now working from home, there's sure to be a massive uptick in data usage due to teleconferencing a
By ceres on 2020-03-12 22:24 UTC
NY Fed vows to pump in $1.5 trillion to fight coronavirus-linked 'highly unusual disruptions' on Wall Street...
The New York Federal Reserve is taking out the big guns to calm panicky financial markets.
By Anonymous Submission on 2020-03-12 20:37 UTC
Worst day on Wall Street since 1987 as virus fears spread; Dow closes down 9.99%...
The Dow industrials plunged more than 2,300 points, or 10%. The sell-of came despite action from the Federal Reserve and the European Central Bank.
By Anonymous Submission on 2020-03-12 20:21 UTC
ViacomCBS, NBC cancel 'upfront' ad sales presentations...
(Reuters) - ViacomCBS and Comcast Corp’s NBCUniversal said Thursday they will cancel their live “upfront” presentations, where advertisers preview upcoming TV shows, and will instead stream the presentations online as concerns about the coronavirus outbreak grow.
By Anonymous Submission on 2020-03-12 18:56 UTC
Layoffs? Hiring freezes? Pay cuts? Furloughs? Employers weigh options...
Job growth has been a key driver of U.S. economic growth — now experts fear the coronavirus will dampen hiring.
By Anonymous Submission on 2020-03-12 14:34 UTC
And the Winner Is? Deflation!...
Those in power always choose inflation because, in their minds, it is less upsetting to the social order than deflation. And their power rests on maintaining the current social order. Deflation benefits savers and, frankly, normal people who don’t have access to new money at the lowest available
By Anonymous Submission on 2020-03-11 18:10 UTC
Barclays reports confirmed case of coronavirus on New York trading floor...
Barclays PLC told employees on Tuesday that an employee in its Manhattan office has tested positive for the coronavirus and has advised employees who have worked in the vicinity or had meetings with the individual to self-quarantine for 14 days, according
By Anonymous Submission on 2020-03-10 19:03 UTC
Trump compares coronavirus to flu in tweet, says lower gas prices 'good for consumer'...
As the Dow Jones Industrial Average plummeted amid fears of the coronavirus outbreak, President Donald Trump appeared to be frustrated with the outbreak in a series of morning tweets.
By Anonymous Submission on 2020-03-09 15:29 UTC
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