Business

BlackRock beat second-quarter earnings estimates, as the world’s largest fund manager attracted $ 100 billion in new client funds during an excellent Wall Street rally. Assets managed by the New York group rose 13 percent over the period to $ 7.3 trillion, reversing a large drop in early 2020 and …

California’s unemployment rate in June improved compared to previous months amid the COVID-19 pandemic, but it remains to be seen how recent statewide closings due to increasing cases and hospitalizations affect jobs in the entire state. In June, the state’s unemployment rate improved to 14.9%, and the state added a …

SHANGHAI (Reuters) – Large parts of China on Friday bounced back from the worst floods in decades as disruptions to supply chains, including personal protective equipment (PPE), vital in the fight against the new coronavirus, increased. . The central city of Wuhan and Anhui, Jiangxi and Zhejiang provinces declared red …

Months after abandoning the purchase of the New York Mets, billionaire hedge fund manager Steve Cohen is again in a position to take over the club. That’s according to Charles Gasparino of FOX Business Network: Hedge fund billionaire Steve Cohen continues to push to buy @SNYtv along with its commitment …

SHANGHAI – US fast food chain Burger King has suspended operations at several of its outlets in eastern China and is investigating allegations that it served expired food to customers. An exhibition broadcasting the allegations was shown at the state-owned CCTV’s annual “315 Night Show” dealing with consumer rights. The …