LONDON (Reuters) – Markets showed signs of optimism on Friday, with the opening of European stocks and rising oil prices despite a record number of new COVID-19 infections in the United States. FILE PHOTO: A man in a protective face mask walks past the London Stock Exchange Group building in …
Read More »Unemployment claims remain stubbornly high as Covid-19 Spike scares employers
Hundreds of unemployed Kentucky residents wait outside the Kentucky Career Center for help with their unemployment claims late last week in Frankfort. John Sommers II / Getty Images Text size A downward trend in first-time unemployment insurance claims stagnated in the past week, showing how long it will take for …
Read More »Three police officers fired after they were caught using a “hate speech” says the chief
At one point, according to the report, Officer Piner said he was “ready” for a civil war and spoke of “killing” blacks, referring to them using the n-word. “I can’t wait,” he said. God, I can’t wait. Each officer was a veteran of the department and had been hired in …
Read More »Macy’s Accelerates Cost Reduction With Plans To Lay 3,900
Text size Justin Sullivan / Getty Images Macy’s said Thursday it planned to fire at least 3,900 workers in an effort to cut costs. The troubled retailer says the job cuts are part of a restructuring that it hopes to save $ 365 million in costs this year and $ …
Read More »Canada’s Trudeau rejects call to exchange Huawei executives for detainees in China
OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau on Thursday rejected a call to exchange a jailed Huawei Technologies Co Ltd [HWT.UL] executive for two Beijing-held citizens, saying such a move would set a bad precedent and hurt Canada. FILE PHOTO: Canadian Prime Minister Justin Trudeau attends a press conference …
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