Shares in General Electric Co. sank into volatile operations on Wednesday after the diversified industrial conglomerate said it suffered “general” weakness in the second quarter and indicated that its aviation business could take years to recover from the effects of the pandemic. COVID-19. The GE stock, -4.35% It took a …
Read More »PayPal CEO: “I don’t think there will be a reversal” of e-commerce after COVID-19
Shares of PayPal Holdings Inc rose 1.5% in out-of-hours trading on Wednesday after the digital payments company showed strong growth in its business stemming from increased use of digital payments during the COVID-19 crisis. Read: PayPal Exceeds Earnings Expectations as COVID-19 Drives Ecommerce Growth Strong “The world has moved into …
Read More »American small businesses face massive closings without further pandemic help
OAKLAND, California / NEW YORK (Reuters) – After surviving two hits at age 27, Olivia Colt launched into a catering business, a dream of a lifetime. Ten years and another hit later, she had turned Salt & Honey Catering Plus Events into a thriving operation in downtown Oakland. Mary Foster …
Read More »As virus aid stagnates, Trump despises aid for cities
WASHINGTON – President Donald Trump on Wednesday rejected Democratic demands for aid to cash-strapped cities in a new coronavirus aid package and lashed out at Republican allies as talks stalled over aid for millions of Americans. Another legislator tested positive for the virus. Republicans, beset by delays and internal strife, …
Read More »Coronavirus Live News: Brazil sees record daily cases like Hong Kong on the brink of ‘large-scale outbreak’ | World News
12.34am BST00:34 Brazil confirms almost 70,000 coronavirus cases in new national daily registry Brazil’s coronavirus outbreak set daily records on Wednesday with 69,074 new confirmed cases and 1,595 related deaths, as the world’s second-worst outbreak accelerates toward the 100,000-death milestone. Brazil is the country most affected by Covid-19 outside the …
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