Category Archives: Business

TVA backtracks after Trump’s demand that it rehire some of its dismissed tech workers 

The Tennessee Valley Authority rehired more than 100 employees just three days after President Trump singled out the federally owned utility for outsourcing those jobs and blasted its CEO over his “ridiculous” pay package.

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Doris Buffett, Philanthropist Sister of Warren, Dies at 92 

(Bloomberg) — Doris Buffett, a philanthropist who with the financial assistance of her billionaire brother Warren Buffett gave life-changing gifts to people down on their luck, has died. She was 92.Buffett died at her home in Rockport, Maine, on Tuesday, surrounded by family and friends, listening to Billie Holiday music, according to her grandson Alexander […]

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News Corp posts wider loss as coronavirus pummels advertising revenue 

Results were heavily affected by the pandemic as well as by a decline in revenue related to the sale of the company’s supermarket-coupon business, News Corp said.

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UK quarantine rules: Which new countries have been added to the list? 

Belgium is a key international crossroads for travellers from the UK to the Netherlands, Germany and beyond

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UK recession will be less severe than feared but unemployment to surge, says Bank of England 

GDP to shrink 9.5 per cent this year – less severe than the 14 per cent which had been forecast – but Bank warns of surge in unemployment amid ‘unusually uncertain’ outlook

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Trump orders government to ‘buy American’ for certain drugs 

The administration said President Trump issued the order to plug gaps in the medical supply chain that have been revealed during the coronavirus crisis.

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Germany charges four ex-Audi executives with fraud over ‘dieselgate’ scandal 

Three former board members at German car manufacturer Audi, along with a retired manager have been charged with fraud, criminal advertising and indirect false certification for their part of the “dieselgate” scandal.

Read More on DW

Spain’s monarchy: Boon or bane for the nation’s economy? 

Former Spanish King Juan Carlos is dogged by allegations of corruption and has gone into exile. His move has triggered a public debate about whether the monarchy is good for the country and its economy in particular.

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Suzanne Somers Explains How ThighMaster Squeezed Its Way Into Infomercial History 

The iconic actress and entrepreneur joins forces with TV workout legends for a much-needed quarantine sweat session.

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Consider This Before Self-Publishing Your Book 

Releasing a work of non-fiction can be an amazing opportunity for yourself and your business, but only if it’s done in the right way

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He’ll get us back on our feet’: Trump supporters in Kentucky stick by him despite Covid-19 surge 

A second statewide lockdown could be on the cards if infections continue to rise but the economic impact worries residentsBusiness is slow at Studio 23, a hair salon just off the main drag in Pikeville, a small city in rural eastern Kentucky, so barber Derek Harris is outside chewing the fat with two maskless police officers while waiting for his first clien […]

Read More on The Guardian

Another 1.18m Americans file for unemployment as benefits expire 

Economists worry expiration of $600 weekly lifeline will lead to sharp drop-off in household spending and set back the economyAnother 1.18 million people filed for unemployment benefits last week as economists worry the expiration of enhanced unemployment benefits will lead to a sharp drop-off in household spending and set back the US economy’s near-term rec […]

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Deutsche Bank gave Donald Trump financial records to New York prosecutors – report 

Manhattan district attorney’s office seeking eight years of the president’s personal and corporate tax recordsNew York prosecutors investigating Donald Trump’s finances previously issued a subpoena to Deutsche Bank, one of the foremost lenders to the president’s business, as part of their inquiry – and the bank complied, according to the New York Times.The o […]

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New York Attorney General Sues to Dissolve National Rifle Association 

New York Attorney General Letitia James describes a lawsuit seeking to dissolve the National Rifle Association, alleging executives violated state nonprofit laws. The NRA filed a countersuit in New York state court, and President Trump suggested the organization should move to Texas. Photo: Justin Lane/Shutterstock

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How Robinhood Is Shaking Up the Brokerage Industry 

As millions of new traders sign up for the investment app Robinhood, the company is facing scrutiny for enabling some inexperienced users to make risky bets. WSJ spoke with a financial education professional and two Robinhood traders about how the app is shaking up the brokerage industry.

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