Seattle store chain Nordstrom reports lofty Q2 losses, reeling from forced closures 28-08-2020 Nordstrom Inc, the 119-year-old American departmental store chain had reported a bigger-than-anticipated loss in the second-quarter
White House says Trump could act unilaterally to avoid US airline layoffs 27-08-2020 Late on Wednesday, White House Chief of Staff Mark Meadows said in an interview with Politico that the US president had been planning to act unilaterally to avoid US airline layoffs
Houston's American Airlines plans 40,000 furloughs, layoffs in October 27-08-2020 American Airlines said in a statement late on Tuesday that the airline would slash at least 40,000 jobs as early as by October this year
Trump hands out $1 billion in “Food for Families” initiative 26-08-2020 The US President Donald Trump had issued $1 billion for the $3-billion "food for families" program aimed at providing foods for the US families, earnings of which had been drowned due to the pandemic outbreak
Menlo Park’s Facebook agrees to pay off $125 million in back taxes to France 26-08-2020 Facebook Inc. had reached an accord with the French Government to lay off around $125 million in back taxes and punitive measures
Atlantic City casinos post $112 million in Q2 losses as pandemic-led closures bite 26-08-2020 Atlantic City's casino's had registered a $112 million in second-quarter losses, the city's gambling authority's had revealed on Monday
China’s TikTok sues Trump over pending executive order to ban its app 25-08-2020 In a federal court in the US state of California, China's TikTok had filed a lawsuit against the US Commerce Dept. on Monday in order to prevent President Trump's executive order to ban TikTok's US operation
More than half of Spanish companies reopen after closing at height of pandemic 25-08-2020 Spain's Govt. data had revealed on Saturday that the country had been experiencing a gradual turnaround of its economy
S. Africa’s Gold Fields profit jumps on surging metal prices 24-08-2020 S. Africa's mining industry mogul Gold Fields had reported an Apollonian jump in half-yearly earnings over the first half of the year
Trump says could “decouple” with China, doesn't want business with Beijing either 24-08-2020 The US President Donald Trump said in an interview with Fox News aired on Sunday that he could "decouple" with China
US WeChat users sue Trump over executive order barring access to messaging app 23-08-2020 A group of American WeChat users had filed a lawsuit against the US President Donald Trump over his executive order to bar access of Chinese messaging apps WeChat and TikTok into the US
Houston’s Occidental to sell Colorado, Utah assets for $1.33bn to downsize debts 22-08-2020 US-based energy industry behemoth Occidental said in a statement later this week that the company was going to sell off some of its assets in Colorado and Utah for a upsum of $1.33 billion
San Francisco appeals court gives reprieve to Uber, Lyft in California 22-08-2020 Less than just a few hours before Uber and Lyft were due to classify their drivers as employees in California as asked by a lower court ruling, a superior appeals court paused the previous order
Uber, Lyft threaten California shutdown over driver status 21-08-2020 Uber and Lyft said in separate statements on Thursday that they would terminate their operations in the US state of California unless an appeal court granted a stay order for a verdict over its driver status
Cupertino’s Apple reaches $2 trillion in market cap as tech fortunes feather 21-08-2020 On Wednesday, Apple Inc. became the first US-borne company to have a market valuation of over $2 trillion
Fed officials worried about withdrawal of Government stimulus: FOMC minutes 20-08-2020 Readouts of July 28-29 Fed meeting published on Wednesday had revealed Fed policymakers' concern over a stand-off regarding another round of pandemic stimulus bill
California’s digital giant Google warns Australians could lose free search service 19-08-2020 On Monday, Google had warned Australian citizens that they might lose free search service if the Govt. press ahead with its slated plan to force tech giants to pay for the big-league commercial news services
South Africa’s Game re-enters clothing market after 15 years 18-08-2020 S. African general merchandiser Game said later last week it was going to re-enter into the discount clothing market after long 15 years
German anti-trust watchdog initiates new Amazon probe 18-08-2020 Chief of German anti-trust authority, Andreas Mundt said to a German daily newspaper on Sunday that the bloc's No. 1 economy's anti-trust watchdog was initiating a new probe on Amazon.com Inc.
Sibanye-Stillwater forecasts first-half profit on higher metal prices 18-08-2020 Later last week, S. African mining industry mogul Sibanye-Stillwater said in a statement that the mining company was expecting a profit over the first half of the year
Buffet’s Berkshire slashes JPMorgan, Wells Fargo stakes; adds Barrick Gold 17-08-2020 Revealing a regulatory filing with US SEC dated back to June 30, Berkshire said on Friday that it had slashed stakes in large US lenders
Trump orders ByteDance to divest US TikTok operation within 90 days 17-08-2020 Late on Friday the US President Donald Trump had ordered China's ByteDance to divest its Tiktok's US operation within 90 days
Tennessee Volkswagen factory to make e-vehicle cells, battery packs 15-08-2020 German carmaker Volkswagen said in a statement on Thursday that it was going to expand its US production line to manufacturer e-vehicle cells and battery packs
Carlsberg sees growth in Asia as global sales wobble 15-08-2020 Danish brewing company Carlsberg SA said on Thursday that its net profit tumbled 7.3 per cent over the second quarter of the year
Alabama Toyota-Mazda joint venture plant to cost $2.3 billion 15-08-2020 On Thursday, two Japanese carmakers, Toyota Motor Corp. and Mazda Motor Corp. said a joint statement that their planned expansion of a plant in the US state of Alabama would likely to cost 50% more than initially estimated
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