President Donald Trump speaks during a press conference at the White House on Tuesday. Associated Press President Donald Trump confirmed Tuesday that the administration was using the Defense Production Act to provide a $ 765 million loan to support Eastman Kodak’s efforts to produce the active ingredients necessary to manufacture …
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Asian stocks mixed on Wednesday as the company’s sad earnings reports add to pessimism about the widespread economic consequences of the coronavirus pandemic. Tokyo’s Nikkei 225 index lost 1% after Fitch Ratings lowered its outlook for Japan to “negative” from “stable”. “The coronavirus pandemic has caused a sharp economic contraction …
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SYDNEY – Australia’s annual inflation turned negative for the first time in 22 years in the pandemic-hit second quarter as government childcare subsidies and lower oil prices fueled the largest quarterly decline on record. The country’s consumer price index fell 1.9% during the three months to June 30, according to …
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MacKenzie Scott said Tuesday that he has donated about $ 1.7 billion of his fortune in the past year since his divorce from Jeff Bezos. The donations went primarily to social justice, public health and climate change organizations, Scott, a novelist and philanthropist, wrote in a Medium blog post. Scott, …
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Visa Inc. outperformed third-quarter tax earnings and revenue expectations on Tuesday, but the company experienced a decline in volume as the COVID-19 crisis continued to slow spending growth, especially in the travel category. Share V, -0.08% they were out of 2% in after-hours trading. The company posted net income of …
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