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July 6, 2020

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Best U.S. national parks, ranked by popularity

CBS News
by CBS News012
CBS News – For more and to sign up click here As the country begins to ease back from COVID-19 closures, national parks are reopening and welcoming big crowds. But there’s a catch: Social distancing rules and regulations mean most of America’s gleaming crown jewels will only take in a......
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Reuters - Business

Tesla wants to start building a new U.S. vehicle plant this summer

Reuters
by Reuters018
FILE PHOTO: The Tesla factory is seen in Fremont, California, U.S. June 22, 2018. REUTERS/Stephen Lam DETROIT (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) wants to start building a large vehicle assembly plant in the southwestern United States as early as the third quarter of this year, the company......
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Reuters - Business

Unemployment payments backlog draws hundreds to Kentucky’s capital

Reuters
by Reuters021
People line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, U.S. June 18, 2020. REUTERS/Bryan Woolston FRANKFORT, Ky. (Reuters) – Hundreds of people who lost jobs during the coronavirus crisis but have been unable to get their unemployment insurance checks converged......
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Reuters - Business

Chanel warns virus impact will linger on luxury sector

Reuters
by Reuters018
MILAN/PARIS (Reuters) – The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel’s chief financial officer said on Thursday, warning the French fashion label’s 2020 revenues and profit would be significantly hit. Chanel bags and creations are displayed on mannequins......
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Reuters - Business

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

Reuters
by Reuters016
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......
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Reuters - Business

Wirecard faces loan crunch over missing $2.1 billion

Reuters
by Reuters013
BERLIN (Reuters) – Wirecard’s auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending the German payments firm’s shares down over 60% on Thursday as it warned the delay could cause billions in loans to be called in as early as Friday. FILE PHOTO: An......
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Reuters - Business

U.S. weekly jobless claims remain high as second wave of layoffs hits industries

Reuters
by Reuters017
Hundreds of people line up outside the Kentucky Career Center, over two hours prior to its opening, to find assistance with their unemployment claims, in Frankfort, Kentucky, U.S. June 18, 2020. REUTERS/Bryan Woolston WASHINGTON (Reuters) – A second wave of layoffs amid weak demand and fractured supply chains is keeping......
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Reuters - Business

Sharp learning curve for bosses as WFH goes global

Reuters
by Reuters014
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......
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Reuters - Business

Air maintenance firms, manufacturers plan for $60 billion in lost sales

Reuters
by Reuters017
(Reuters) – Maintenance firms and spare parts producers who keep airplanes running are bracing for a decline of up to 75% in sales this year – and more pain to follow – as airlines park or retire thousands of aircraft due to the coronavirus pandemic. FILE PHOTO: People work near......
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Reuters - Business

Australian regulator says Google’s $2.1 billion Fitbit deal could harm competition

Reuters
by Reuters013
SYDNEY/BENGALURU (Reuters) – Australia’s antitrust regulator warned Google’s planned $2.1 billion acquisition of fitness tracker maker Fitbit (FIT.N) may give it too much of people’s data, potentially hurting competition in health and online advertising markets. FILE PHOTO: Fitbit Blaze watch is seen in front of a displayed Alphabet logo in......
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Reuters - Business

FAA chief acknowledges agency, Boeing made mistakes on 737 MAX

Reuters
by Reuters027
(Reuters) – The head of the Federal Aviation Administration, Steve Dickson, acknowledged on Wednesday that Boeing Co (BA.N) and the U.S. air safety agency both made mistakes on the 737 MAX jet, but rejected senators’ accusations the FAA was “stonewalling” probes after two fatal crashes. Federal Aviation Administration (FFA) Administrator......
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Reuters - Business

Americans face new coronavirus challenge: a shortage of coins

Reuters
by Reuters017
FILE PHOTO: A stack of one cent U.S. coins depicting Abraham Lincoln is shown in this photo Illustration in Encinitas, California March 26, 2015. REUTERS/Mike Blake SAN FRANCISCO (Reuters) – Banks across the United States are facing a shortage of coins during coronavirus crisis, prompting the U.S. Federal Reserve to......
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Reuters - Business

House panel debating $494 billion infrastructure measure

Reuters
by Reuters018
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......
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