(Reuters) – Browsing online during the shutdown, Jessica Friend saw a pair of Ray-Ban sunglasses she liked, but the price made the 30-year-old Ohio resident think twice. FILE PHOTO: A smartphone displays a Klarna logo on top of the bills in this illustration taken on January 6, 2020. REUTERS / …
Read More »High Cases of Coronavirus in the US, Hospitalizations Dwarf July 4 Celebrations
(Reuters) – Rising cases of coronavirus in 39 US states overshadow the nation’s 4th of July celebrations, as health experts fear the holidays will trigger a spike in infections that could overwhelm hospitals . After towns and cities across the country canceled annual fireworks shows to keep large crowds from …
Read More »Factbox: struggling Canadian energy companies face debt pressure
WINNIPEG, Manitoba / TORONTO (Reuters) – Canadian energy companies have about Cdn $ 6 billion ($ 4.42 billion) in refinancing needs this year, the Bank of Canada says. FILE PHOTO: Oil pipeline warning signs are seen on a fence in “Refinery Row” outside of the facilities managed by Enbridge, Kinder …
Read More »Record debt overdue for Canadian oil patch after five years of crisis
WINNIPEG, Manitoba / TORONTO (Reuters) – Six years ago, Canadian oil services firm Calfrac Well Services (CFW.TO) had a market value of C $ 2.1 billion ($ 1.55 billion) and was ready for expansion in the US. FILE PHOTO: An oil and gas pump jack is seen near Granum, Alberta, …
Read More »The United States reports 55,000 cases of COVID-19 in a single day, reaches a new world record
(Reuters) – The United States on Thursday reported more than 55,000 new cases of COVID-19, a new daily world record for the coronavirus pandemic, as infections increased in most states. A spike in coronavirus cases over the past week put President Donald Trump’s handling of the crisis under the microscope …
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