84.88 F
New York
July 13, 2020
Home » Government / Politics

Government / Politics

Reuters - Business

Vans, not glamorous, but key as EU weighs autos mega-merger

Reuters
MILAN/PARIS (Reuters) – Their silhouettes don’t stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger. FILE PHOTO: A Peugeot......
Reuters - Business

Mother’s Day sales uptick doesn’t cover coronavirus downturn, Washington D.C. florist says

Reuters
WASHINGTON (Reuters) – Mother’s Day during the coronavirus pandemic meant an uptick in sales for Lee’s Flower and Card Shop in Washington, D.C. FILE PHOTO: Lee’s Flower Shop, one of the oldest businesses in D.C.’s U Street neighborhood, posts signs on its windows ahead of another night of protests against......
Reuters - Business

Sharp learning curve for bosses as WFH goes global

Reuters
Two weeks into the coronavirus lockdown and Sergei Holmeckis, a boss at Deutsche Telekom’s Czech operations in the city of Brno, was frustrated with staff video calls. His team didn’t like turning on their cameras and the discussion was stilted. Source – For more click here To Return to the......
Reuters - Business

Trump administration proposes rolling back protections for big tech

Reuters
WASHINGTON (Reuters) – The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections big tech platforms like Alphabet’s Google and Facebook have had for decades, a senior official said, following through on President Donald Trump’s bid to crack down on tech giants. FILE PHOTO: Facebook,......
Reuters - Business

U.S. government proposes rolling back protections for big tech

Reuters
WASHINGTON (Reuters) – The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections big tech platforms like Alphabet’s Google and Facebook have had for decades, a senior official said, following through on U.S. President Donald Trump’s bid to crack down on tech giants. FILE PHOTO:......
Reuters - Business

House panel debating $494 billion infrastructure measure

Reuters
FILE PHOTO: An aerial photo shows the University Bridge at left and the Ship Canal Bridge I-5 heading into downtown Seattle in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson (Reuters) – A U.S. House of Representatives panel is debating on Wednesday a Democratic plan to boost infrastructure spending that......
Reuters - Business

U.S. Justice Department to propose rolling back protections for big tech

Reuters
WASHINGTON (Reuters) – The U.S. Justice Department will propose legislation as soon as Wednesday to try to remove protections that big tech platforms like Alphabet’s (GOOGL.O) Google and Facebook (FB.O) have had for decades, a department official said on Wednesday, speaking on condition of anonymity. FILE PHOTO: A 3D-printed Facebook......
Reuters - Business

Lufthansa warns its $10 billion bailout deal is in jeopardy

Reuters
FRANKFURT (Reuters) – German airline Lufthansa (LHAG.DE) warned on Wednesday that it might need to apply for protection from creditors if its state-backed bailout deal failed to win sufficient support at a shareholder vote on June 25. FILE PHOTO: Lufthansa ticket agents help travelers at the Denver International Airport outside......
Reuters - Business

HSBC revives 35,000 job cut plan after pandemic pause

Reuters
LONDON (Reuters) – HSBC is resuming plans to cut around 35,000 jobs which it put on ice after the coronavirus outbreak, as Europe’s biggest bank grapples with the impact on its already falling profits. FILE PHOTO: A woman wearing a protective face mask walks past a logo of HSBC bank......
Reuters - Business

Trump team prepares $1 trillion infrastructure plan to spur economy

Reuters
(Reuters) – 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....
Reuters - Business

China keen to seek benefits from pandemic, distressed U.S. assets: report

Reuters
FILE PHOTO: U.S. and Chinese flags are seen before Defense Secretary James Mattis welcomes Chinese Minister of National Defense Gen. Wei Fenghe to the Pentagon in Arlington, Virginia, U.S., November 9, 2018. REUTERS/Yuri Gripas WASHINGTON (Reuters) – U.S. lawmakers and policymakers should be wary of China’s moves to target vulnerable......
Reuters - Business

Did elite David Boies law firm get a pandemic bailout? It’s a secret

Reuters
(Reuters) – When the U.S. government announced a multibillion-dollar bailout of struggling small businesses amid the coronavirus pandemic, one of the top U.S. law firms sensed an opportunity. FILE PHOTO: Lawyer David Boies speaks to reporters outside the courthouse after a bail hearing in U.S. financier Jeffrey Epstein’s sex trafficking......
Reuters - Business

Huawei CFO raises new argument to fight U.S. extradition in Canada court

Reuters
VANCOUVER/NEW YORK (Reuters) – Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight extradition to the United States on bank fraud charges, court documents released on Monday showed. FILE PHOTO: Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her......
Reuters - Business

The future of media: more digital and more economic pain, Reuters Institute says

Reuters
LONDON (Reuters) – The coronavirus outbreak has prompted a significant increase in news consumption but the economic turmoil is forcing news businesses to accelerate their move to digital, The Reuters Institute for the Study of Journalism said. Men wearing protective face masks work at a printing press amid the coronavirus......
Reuters - Business

Exclusive: Mexico’s oil hedge to be pricier, but government likely doing it anyway

Reuters
NEW YORK/MEXICO CITY (Reuters) – Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further damaging its financial standing with international investors, sources said. FILE PHOTO: General view shows Mexican state oil firm......
Reuters - Business

Unilever to invest 1 billion euros in climate change fund over 10 years

Reuters
(Reuters) – Unilever Plc (ULVR.L) said on Monday it will invest 1 billion euros in a fund to invest in climate change projects and reduce to net zero greenhouse gas emissions from all its products by 2039, 11 years ahead of the Paris Agreement deadline. FILE PHOTO: Unilever headquarters in......
Reuters - Business

Systemic racism slows down economic growth, Dallas Fed chief says

Reuters
FILE PHOTO: Dallas Federal Reserve Bank President Robert Kaplan speaks at the Commonwealth Club in San Francisco, U.S., October 11, 2019. REUTERS/Ann Saphir WASHINGTON (Reuters) – Systemic racism and high unemployment levels among black and Hispanic Americans create a drag on the U.S. economy, Dallas Federal Reserve President Robert Kaplan......
Reuters - Business

Systemic racism slows economic growth: Dallas Fed chief Kaplan

Reuters
FILE PHOTO: Dallas Federal Reserve Bank President Robert Kaplan speaks at the Commonwealth Club in San Francisco, U.S., October 11, 2019. REUTERS/Ann Saphir WASHINGTON (Reuters) – Systemic racism and high unemployment levels among black and Hispanic Americans create a drag on the U.S. economy, Dallas Federal Reserve President Robert Kaplan......
Reuters - Business

Amazon’s business practices examined by two U.S. states

Reuters
(Reuters) – State investigators in both California and Washington are examining Amazon’s business practices, two newspapers reported, citing people familiar with the matter. FILE PHOTO: The logo of Amazon is seen in Lauwin-Planque, northern France, April 22, 2020. REUTERS/Pascal Rossignol The inquiries focus at least in part on how Amazon......
Reuters - Business

Amazon’s business practices examined by two U.S. states: reports

Reuters
(Reuters) – State investigators in both California and Washington are examining Amazon’s business practices, two newspapers reported, citing people familiar with the matter. FILE PHOTO: The logo of Amazon is seen in Lauwin-Planque, northern France, April 22, 2020. REUTERS/Pascal Rossignol The inquiries focus at least in part on how Amazon......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More