Money


Carnival extends cruise shutdown into mid-May Carnival extends cruise shutdown into mid-May
- March 31, 2020

Options include cancellation or a 100% credit on a future cruise with additional onboard credit. The company previously paused operations due to the COVID-19 pandemic, which has now been extended from April 14 to May 14, due to the continued port closures and travel restrictions surrounding global health concerns. (more...)
Canadian Anti-Trust Regulator Expresses Concerns Over Air Canada-Transat Acquisition Canadian Anti-Trust Regulator Expresses Concerns Over Air Canada-Transat Acquisition
- March 31, 2020

WestJet has already halved its domestic capacity, while carriers including Porter Airlines and Air Transat have suspended all flights. Desjardins Securities analyst Benoit Poirier says he believes the purchase will still be approved "considering the companies' willingness to address the bureau's competition concerns", such as potential dominance of airport slots. (more...)
Singapore Central Bank Eases Currency Policy Amid Covid-19 Pandemic Singapore Central Bank Eases Currency Policy Amid Covid-19 Pandemic
- March 30, 2020

It uses foreign exchange instead of interest rates as its main monetary policy tool as trade dominates the country's economy. Hence, the MAS lowers its 2020 forecast for core and overall inflation to a -1% to 0% range, compared with its previous forecast of a 0.5% to 1.5% range. (more...)
Salem Amazon warehouse employee tests positive for coronavirus Salem Amazon warehouse employee tests positive for coronavirus
- March 30, 2020

An Amazon's (NASDAQ: AMZN ) internal document revealed on Sunday that the U.S e-commerce giant is offering increased wages to its warehouse workers to reallocate them to the grocery unit amidst the Coronavirus pandemic that fueled worker shortage and increased demand. (more...)
Trudeau to offer update on Canada’s response to coronavirus pandemic Trudeau to offer update on Canada’s response to coronavirus pandemic
- March 30, 2020

According to the Public Health Agency of Canada (PHAC ), as of 6 p.m. ET on Saturday, the number of confirmed COVID-19 cases in the country had topped 5,400. Sophie Grégoire Trudeau is offering Canadians and the world some good news and giving everyone a big dose of hope: She says she's fully recovered from COVID-19 . (more...)
U.S. retailer Macy’s to furlough most staff U.S. retailer Macy’s to furlough most staff
- March 30, 2020

Retail store giant Macy's said the coronavirus is causing a "heavy toll" on their business, which has made them had to make a hard choice when it comes to their store employees. Workers will continue to receive health benefits through May. According to one employee , Jeff Gannette said in the message to employees that "furloughs won't be based on performance or tenure". (more...)
Amazon Workers Plan Staten Island Strike to Demand COVID-19 Protections Amazon Workers Plan Staten Island Strike to Demand COVID-19 Protections
- March 30, 2020

Amazon employees at a NY facility are planning to walkout on Monday amid concerns about safety as the coronavirus spreads. Workers at the facility, which employees about 2,500 people, said supervisors kept them in the dark about the positive case, and are demanding that the plant be shut down and sanitized so they can safely return to their jobs. (more...)
Mnuchin: Americans will begin to see $1,200 checks 'within three weeks' Mnuchin: Americans will begin to see $1,200 checks 'within three weeks'
- March 30, 2020

The Epoch Times refers to the novel coronavirus , which causes the disease COVID-19, as the CCP virus because the Chinese Communist Party's coverup and mismanagement allowed the virus to spread throughout China before it was transmitted worldwide. (more...)
Microsoft pulls out of AnyVision investment following surveillance controversy Microsoft pulls out of AnyVision investment following surveillance controversy
- March 30, 2020

The decision marks a policy change for the Redmond , Washington-based software maker, which has aimed to shape how the technology industry approaches facial recognition. However, the company's chief legal officer, Brad Smith , said past year that Microsoft would never sell facial recognition for surveillance purposes, and Smith said he is denied access to the technology by law enforcement over concerns that will contribute to civil and human rights. (more...)
Australia limits public gatherings to 2 people over pandemic Australia limits public gatherings to 2 people over pandemic
- March 30, 2020

Public and private gatherings have been further restricted to two people, under "radical" and unprecedented measures agreed to by National Cabinet to slow the spread of coronavirus . On-the-spot fines of $1000 for ignoring physical distancing rules have been introduced and will continue to be enforced, Morrison warned. The prime minister said Australians needed to adjust their habits. (more...)
WTI oil price breaks $20 barrier for first time since 2002 WTI oil price breaks $20 barrier for first time since 2002
- March 30, 2020

Although the governments try to stimulate economies by fiscal policies and central banks by monetary policies, crude oil prices are trading below $30 per barrel since March 16. The price of oil is now so low that it is becoming unprofitable to many oil firms to remain active, analysts said, and higher cost producers will have no choice but to shut production, especially since storage capacities are nearly full. (more...)
Detroit Auto Show canceled; TCF Center to be turned into field hospital Detroit Auto Show canceled; TCF Center to be turned into field hospital
- March 30, 2020

Detroit's two major daily newspapers and visitdetroit.com reported Sunday that the Federal Emergency Management Agency (FEMA) has chosen the show's venue, TCF Center, as an emergency field hospital location in response to the coronavirus. This year's show was highly anticipated because it had moved from January to summer, following years of encouragement to schedule it during the warmer months. (more...)
Slack Is Reportedly Getting Microsoft Teams Integration Slack Is Reportedly Getting Microsoft Teams Integration
- March 30, 2020

But as more and more people work from home under government recommendation , there are also companies that have seen the opposite happen. In October a year ago, Slack reported 12 million active daily users, but the company hasn't revealed its total number of users since then. (more...)
What does Rishi Sunak's latest fiscal bazooka mean for the self-employed? What does Rishi Sunak's latest fiscal bazooka mean for the self-employed?
- March 30, 2020

Up until Thursday, it was unclear how the self-employed were going to get paid. "But he [The Speaker] can rest assured that we understand the situation that many self-employed people face at the moment as a result of what's happening and we are determined to find a way to support them". (more...)
Kiwis living in Aussie able to get coronavirus financial aid
- March 30, 2020

Morrison has pledged AU$130 billion over the next six months to help Australians who have found themselves out of work. The wage subsidy is a flat payment of $1,500 per employee per fortnight, which Treasurer Josh Frydenberg said represented 70% of the Australian median wage and 100% of the median wage in the industries most seriously affected by the coronavirus, including hospitality, retail and tourism. (more...)
Australia to promise wage subsidies in bid to shelter economy from coronavirus Australia to promise wage subsidies in bid to shelter economy from coronavirus
- March 30, 2020

The exception will be for people who you live with and your family members. "We will get through this". 'That's why it's important tonight we really switch over to a much more controlled police style operation and, again, I acknowledge some people won't be happy with that. (more...)
Instacart workers threaten strike over coronavirus pay, protections Instacart workers threaten strike over coronavirus pay, protections
- March 30, 2020

This is all after Instacart announced that it would bring in 300,000 other independent contractors to keep up with the lawsuit that has resulted from many Americans staying home during the pandemic. After workers made claims, the company extended the deadline to claim these benefits until May 6. "The health and safety of our entire community - shoppers, customers, and employees - is our first priority", Instacart said in response to an AFP inquiry. (more...)
Covid-19 coronavirus: Australia announces 'radical' new restrictions
- March 30, 2020

Mr Morrison said that would allow parents to walk together with their children outdoors, and people living in shared accommodation to continue to living together. The Prime Minister strongly advised that people aged over 70, those with a chronic illness aged over 60, and Indigenous Australians over the age of 50 should stay at home as much as practical. (more...)
Abbott Laboratories Creates 5-Minute Portable COVID-19 Test Abbott Laboratories Creates 5-Minute Portable COVID-19 Test
- March 30, 2020

The IDNOW, from Abbott ( ABT ), is the first approved portable test and allows for an existing testing instrument used in 18,000 locations around the us, to be used at a point-of-care in doctor's offices, urgent care and hospitals. regulators have rushed to approve commercial tests. The test kit can determine within five minutes whether a sample is infected with Sars-CoV-2 and 13 minutes to definitively confirm if it is negative, the United States health care company said . (more...)
Saudi Arabia denies contact with Russian Federation over OPEC Saudi Arabia denies contact with Russian Federation over OPEC
- March 30, 2020

Until recently, the Organization of the Petroleum Exporting Countries (OPEC) and Russian Federation had cooperated closely since 2016 to curb production, support prices and protect their precious revenues. The Rotterdam deliveries, S&P Global says, are part of a long-term effort by Saudi Aramco to increase the company's crude oil market share in Europe, where Russian oil has traditionally been dominant. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 1200 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 1296 1297 1298 1299 1300 1301 1302 1303 1304 1305 1306 1307 1308 1309 1310 1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 1346 1347 1348 1349 1350 1351 1352 1353 1354 1355 1356 1357 1358 1359 1360 1361 1362 1363 1364 1365 1366 1367 1368 1369 1370 1371 1372 1373 1374 1375 1376 1377 1378 1379 1380 1381 1382 1383 1384 1385 1386 1387 1388 1389 1390 1391 1392 1393 1394 1395 1396 1397 1398 1399 1400 1401 1402 1403 1404 1405 1406 1407 1408 1409 1410 1411 1412 1413 1414 1415 1416 1417 1418 1419 1420 1421 1422 1423 1424 1425 1426 1427 1428 1429 1430 1431 1432 1433 1434 1435 1436 1437 1438 1439 1440 1441 1442 1443 1444 1445 1446 1447 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 1498 1499 1500 1501 1502 1503 1504 1505 1506 1507 1508 1509 1510 1511 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 next »