Posted at 23:01h
in
News
by KMFSLLP
Regular payment needed to ward off deeper crisis after virus support ends, warns cross-party group
...
Posted at 22:25h
in
News
by KMFSLLP
Australian shares were poised to open
firmly lower on Wednesday, tracking an overnight slide on Wall
Street, as a collapse in U.S. oil prices underscored fears of a
severe economic fallout from the coronavirus pandemic.
The local share price index futures ...
Posted at 21:30h
in
News
by KMFSLLP
Uber Technologies Inc on
Tuesday launched a website to help its ride-hail and delivery
drivers navigate the intricate U.S. unemployment system, with
many gig workers still waiting to receive jobless pay provided
under a U.S. coronavirus response bill.
Posted at 21:11h
in
News
by KMFSLLP
New Zealand stock exchange operator NZX
said on Wednesday it was taking steps to address
technical issues it faced in the last six trading days due to an
"around four-fold" surge in trading volumes since early 2020.
Posted at 21:08h
in
News
by KMFSLLP
United Airlines Holdings Inc on
Tuesday announced a stock offering of 39.25 million shares,
sending its shares down 3% in extended trading.

...
Posted at 20:59h
in
News
by KMFSLLP
Online lender LendingClub Corp
said on Tuesday it would lay off 460 employees, including
President Steven Allocca, as part of a restructuring plan to
slash costs amid the economic fallout of the COVID-19 pandemic.
Posted at 20:39h
in
News
by KMFSLLP
Ten of the world's largest
banks, including JPMorgan Chase and Bank of America
, have been sued for allegedly conspiring over nearly 14
years to rig prices in the $9.6 trillion U.S. corporate bond
market, costing ordinary investors billions of dollars.

...
Posted at 20:38h
in
News
by KMFSLLP
The $349 billion small business loan
program passed last month as part of the federal coronavirus
relief package discriminated against woman- and minority-owned
businesses by prioritizing business with employees over those
that do not, according to a lawsuit filed by two Maryland
business owners.
Posted at 20:30h
in
News
by KMFSLLP
Online lender LendingClub Corp
said on Tuesday it would lay off 460 employees in a cost-cutting
move to cope with the economic fallout of the COVID-19 pandemic.

...
Posted at 20:25h
in
News
by KMFSLLP
South African President
Cyril Ramaphosa announced a 500 billion rand ($26.3 billion)
rescue package on Tuesday, equivalent to 10% of the GDP of
Africa's most industrialised nation, to try to cushion the
economic blow of the coronavirus pandemic.