Business

Australia and New Zealand have beaten Colombia to win the bid to host the 2023 Women’s World Cup. In the FIFA Council vote, Australia and New Zealand beat Colombia 22-13 to organize the tournament, which is being expanded to 32 teams. Lynch: how Australia and New Zealand gained the right …

The layoffs, which represent 3% of Macy’s workforce, will save the company about $ 630 million annually. Macy’s is reopening many of its stores in the United States, which the company previously said are working better than expected. “Covid-19 has significantly impacted our business,” Macy’s CEO Jeff Gennette said in …

New York Governor Andrew Cuomo speaks inside the New York Stock Exchange after ringing the opening bell when the building opens for the first time since March, as the outbreak of coronavirus disease (COVID19) continues in the district from Manhattan in New York, May 26. 2020. Lucas Jackson | Reuters …

Workers also contribute less to retirement funds; Fox Biz Flash: 05/27. The COVID-19 crisis has caused many people to change their way of thinking and spend their money. In fact, many people have had no choice but to pause contributions to the retirement plan due to the pandemic. Therefore, it …

A fully hybrid pickup represents a huge leap for Ford (F). While hybrid trucks have been offered before, they have generally been of the “soft hybrid” variety, using small electric motors to provide minor gains in fuel efficiency. As the undisputed market leader, Ford could have continued with its traditional …