Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Facebook, Twitter CEOs will testify before US Senate committee on October 28
By David Shepardson WASHINGTON (Reuters) - Facebook Chief Executive Mark Zuckerberg and Twitter Chief Executive Jack Dorsey both agreed to voluntarily testify before the Senate Commerce Committee on O...
Oct 02, 2020
Geely’s EV maker Polestar recalls all new Polestar 2 sedans -Swedish daily DI
STOCKHOLM (Reuters) - Electric vehicle maker Polestar, owned by Volvo Cars and its parent China's Geely, is recalling all new Polestar 2 cars due to a software glitch, business daily Dagens Industri (...
Oct 02, 2020
Investment bank PJ Solomon lays off staffers in energy group
By Jessica DiNapoli and David French NEW YORK (Reuters) - PJ Solomon LP laid off staffers in its energy group due to the slowdown in acquisitions and divestitures stemming from the COVID-19 pandemic a...
Oct 02, 2020
Disneyland reopening on hold as California delays theme park guidelines
By Lisa Richwine LOS ANGELES (Reuters) - California's health secretary on Friday agreed to hear more input from theme park operators before issuing reopening guidelines, a step that further delays Wal...
Oct 02, 2020
Fed Chair Powell’s August was comparatively calm: calendar
(Reuters) - The U.S. economy isn't back to normal, but Federal Reserve Chair Jerome Powell's daily schedule is getting there. In August, for the first time since the crisis, Powell worked no weekends,...
Oct 02, 2020
Fed’s Mester says next phase of recovery will be hardest
By Jonnelle Marte (Reuters) - The U.S. labor market is recovering more slowly and it could take two to three years for the unemployment rate to return to levels seen in February as companies adjust to...
Oct 02, 2020
Banks, investors pivot towards Biden win after Trump tests positive for COVID
By Matt Scuffham NEW YORK (Reuters) - Global banks and investors said they were stepping up their preparations for a victory by Democratic presidential candidate Joe Biden after his rival Republican P...
Oct 02, 2020
Exclusive: Airbnb seeks to raise roughly $3 billion in IPO
By Anirban Sen and Joshua Franklin (Reuters) - Home rental company Airbnb Inc is aiming to raise around $3 billion in its upcoming initial public offering (IPO), people familiar with the matter said o...
Oct 02, 2020
Venezuela’s oil exports hit five-month high ahead of wind-down – data
By Marianna Parraga (Reuters) - Venezuela's oil exports rose last month, boosted by larger sales to customers aiming to take as many cargoes as possible before a U.S. deadline to wind-down trade with ...
Oct 02, 2020
Fed’s Kashkari sees long road to U.S. recovery
(Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said he sees a long road to full economic recovery, and longer still if lawmakers fail to deliver more fiscal stimulus. A...
Oct 02, 2020
