Friday, July 3, 2020

Business

Walmart hiring thousands of workers as Coronavirus continues

Walmart is going to hire 50,000 new employees after accomplishing the previous target of hiring 150,000 new workers above 6 weeks ahead of schedule. On Friday, the firm announced that the newcomers would attain the position of part-timers or temporary...

Worldwide stocks mixed as dreadful economic warnings crash

An unambiguous warning on the economy of Asia pushed down the stocks on Thursday as investors braced for another report on the labor market of America that might extinguish a rebound by United States stock futures and European Markets. Nikkei...

McDonald’s China excuses for banning black community from a store

In China, McDonald's is in trouble after displaying a sign that showed the banning of black customers from the territory. The signboard posted on social media sites that denotes McDonald's restaurant in Guangzhou banned the black people by saying that...

Dow Futures rose over 200 points beyond earning season

Stock futures jump overnight Monday trading as investors brace for what might an unpleasant earnings season with the COVID-19 bring about havoc on worldwide corporate profits. Dow Jones Industrial Average futures jump to 256 points, mentioning a Tuesday opening...

More Disney employees reach agreement on coronavirus furloughs

Another two groups came to an agreement with Walt Disney World due to the absence of these park hotels at the time of Coronavirus crisis. The deal was held on Friday that would be applicable for security workers and other...

3M declares New Jersey firm tried to use its name to sell $45 million worth of masks

On Friday, producers of the N95 mask put a lawsuit in New York while claiming that another firm that has made efforts to trade its respirators at extremely high prices. 3M said that Performance Supply LLC of New Jersey has...

Starbucks second-quarter sales to decrease 46% amid Coronavirus epidemic

On Monday, Starbucks said that its second-quarter sales are reduced to its half due to the Coronavirus epidemic that halted its earning from two main markets. Starbucks stock market downfall by 2%, its shares’ market worth is 84 billion dollars,...

Biggest downfall at Lufthansa that says aviation won’t improve for years

One of the dominant European airlines, Lufthansa is going to shut down some of the low-cost carriers and decrease the size of its fleet. The airline even said it would take years to attain the previous position amid Coronavirus...

Joe Tsai, the co-founder of Alibaba, donates masks and ventilators to New York

Joe Tsai, billionaire and co-founder of Alibaba eCommerce Chinese biggest platform, and his wife, Clara Wu Tsai, have decided to support New York by donating 170,000 ventilators and 2.6 million masks due to the pandemic Coronavirus. The whole supply separated...

Bank of America softens loans criteria for small businesses amid coronavirus

On Saturday, Bank of America has decided to enlarge the eligibility criteria for government supported program, especially for those who were severely affected by the pandemic Coronavirus, to offer loans for small businesses. The action badly criticized by the clients...

Latest News

Oil industry had accomplished its best quarter in thirty years

During the three months through the end of June, oil prices just listed their finest quarterly presentation in thirty...

China retaliates at the U.S. with media restrictions as tightness surges

China has criticized about what it calls Washington’s suppression of Chinese media by requiring that 4 news companies of the United States announce information...

Judge provisionally banned Mary Trump’s tell-all book

On Tuesday, a New York judge, prohibited the publication temporarily of an unflattering tell-all book which has written by Mary Trump, President Donald Trump's...

China raised concerns about India banning Chinese apps

Beijing is forcing back on a conclusion made by India to ban several Chinese mobile applications as the world’s most populous nations have driven...

Former Prime Minister of France imprisoned for 5 years

François Fillon, the former French Prime Minister, Penelope (his wife) and Marc Joulaud (his former assistant), have been exposed guilty of misusing the public...