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Business News
UPDATE 1-TV viewers seek out '13th' and other stories about race amid protests
Television series, movies
and documentaries about the experience of black people in the
United States have seen a surge in viewership as public
demonstrations have focused new attention on racial
discrimination, according to industry data.
Categories: Business News
PRESS DIGEST- British Business - June 17
June 17 - The following are the top stories on the business
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Categories: Business News
PRESS DIGEST- Financial Times - June 17
The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Categories: Business News
Senate bill aims to improve aircraft certification after 737 MAX crashes
U.S. senators introduced legislation on Tuesday that would strengthen FAA oversight of aircraft certification following fatal Boeing Co 737 MAX crashes, though a victim's father said the bill, while a positive step, "still lacks teeth."
Categories: Business News
MEDIA-Dominion Diamond sues Diavik mine partner for breach of contract, other allegations- CBC News
Categories: Business News
Dollar firm after retail sales jump fans recovery hopes
The dollar held firm against many of its rivals on Wednesday after U.S. retail sales jumped far more than expected in May, while risk-sensitive currencies were hobbled by concerns about the coronavirus and diplomatic tensions in Asia.
Categories: Business News
U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards
The U.S. Department of Commerce on Tuesday posted a new rule that allows U.S. companies to work with China's Huawei to develop standards for 5G and other cutting-edge technologies, despite restrictions on doing business with the telecommunications equipment maker.
Categories: Business News
Bayer scraps U.S. plans to produce crop chemical blocked by court
Bayer AG said on Tuesday it will scrap a nearly $1 billion project to produce the chemical dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of weed killers based on the product.
Categories: Business News
U.S. calls bid by men to avoid extradition over ex-Nissan boss Ghosn's escape 'flawed'
U.S. prosecutors on Tuesday said a former Green Beret and his son, wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee the country, were advancing a "flawed" interpretation of Japanese law to fight their extradition.
Categories: Business News
Amazon to use AI tech in its warehouses to enforce social distancing
Amazon.com Inc on Tuesday launched an artificial intelligence-based tracking system to enforce social distancing at its offices and warehouses to help reduce any risk of contracting the new coronavirus among its workers.
Categories: Business News
Trump team prepares $1 trillion infrastructure plan to spur economy
The Trump administration is preparing an up to $1 trillion infrastructure package focused on transportation projects as part of its push to spur the world's largest economy back to life, a source familiar with the situation said on Tuesday.
Categories: Business News
UPDATE 2-Iberdrola trumps Ayala with $569 mln offer for Australia's Infigen
Categories: Business News
UPDATE 1-Venezuela's oil exports plummet as shipping contracts get suspended
Venezuela's oil exports have fallen
nearly 28% in the first half of June, on course for the lowest
level in over 70 years as tanker owners and operators suspend
contracts for transporting crude oil, according to documents and
data on Tuesday.
Categories: Business News
U.S. bank profits plunge 70% on coronavirus loss provisioning
U.S. bank profits fell by 69.6% to $18.5 billion in the first quarter of 2020 from the year prior as banks felt the economic impact of the novel coronavirus pandemic, according to data from a banking regulator.
Categories: Business News
Facebook removes hundreds more accounts as right-wing violence spreads
Facebook on Tuesday
removed almost 900 accounts associated with the far-right Proud
Boys and American Guard, including those belonging to Proud Boys
supporters who marched into a protest zone in Seattle Monday and
confronted anti-racist demonstrators.
Categories: Business News
TV viewers seek out '13th' and other stories about race amid protests
Television series, movies
and documentaries about the experience of black people in the
United States have seen a surge in viewership amid public
demonstrations that focused new attention on racial
discrimination, according to industry data.
Categories: Business News
Asian stocks set to rise as drug trials, data push Wall Street higher
Asian stocks were set to climb on Wednesday after another late Wall Street surge in response to upbeat trial results for a COVID-19 treatment and data showing U.S. consumers spent big in May.
Categories: Business News
GLOBAL MARKETS-Asian stocks set to rise as drug trials, data push Wall Street higher
Asian stocks were set to
climb on Wednesday after another late Wall Street surge in
response to upbeat trial results for a COVID-19 treatment and
data showing U.S. consumers spent big in May.
Categories: Business News
UPDATE 3-U.S. Senate bill aims to improve aircraft certification after 737 MAX crashes
U.S.
senators introduced legislation on Tuesday that would strengthen
FAA oversight of aircraft certification following fatal Boeing
Co 737 MAX crashes, though a victim's father said the
bill, while a positive step, "still lacks teeth."
Categories: Business News
Transparency needed to restore trust after 737 MAX crashes: FAA chief
U.S. FAA chief Steve Dickson will tell a Senate committee at a hearing on Wednesday that transparency is key to restoring public trust in the agency and planemaker Boeing Co in the wake of fatal 737 MAX crashes, according to a copy of his written testimony seen by Reuters.
Categories: Business News