Federal Reserve to Offer Loans to ‘Eligible’ Nonprofit Organization
Under its Main Street Lending Program launched on Monday, the Federal Reserve plans to provide aid to eligible nonprofit organizations ...
Class I Recall Issued for Ground Beef Sold Nationwide
As initiated by the Lakeside Refrigerated Services of Swedesboro, New Jersey, the U.S. Department of Agriculture’s Food Safety and Inspection ...
Trump Retweets Richard Grenell’s Call to Ban Microsoft from Federal Contracts
President Donald Trump’s recent Twitter activity includes retweeting his former director of national intelligence call to ban Microsoft Corp. from ...
Hooker Furniture Delays First-Quarter Performance Report
The company released its preliminary assessment instead.
ComEd preps response to restore power outages caused by storm and strong winds
ComEd released its news advisory regarding its response to power outages brought by thunderstorms and high winds across Chicago and ...
Vroom Stocks Off to a Very Good Start in its First Day of Trading
Online car seller Vroom Inc. IPO debut skyrockets, with shares past 102.27% increase in early Tuesday trading. It doubles its ...
Hertz Stocks Improve After Travel Shows Signs of Revival
Car rental firm, Hertz Global Holdings Inc., is showing signs of life as the company stocks’ jumped 115% since filing ...
Vroom Increased Price Listing Ahead IPO
Vroom, the auto sales platform, expanded its initial public offering and priced its shares above the previous set range to ...
Consumer Confidence rose after the U.S. reopen its economy
The Conference Board reported an “unexpected” increase in consumer confidence in May. Data released on Tuesday showed an improvement, with ...
Polls predicted Brazil’s GDP ‘most likely’ to hit an all-time low
Brazil is the second most hit country, next to the United States, of the coronavirus pandemic. Out of the 5,497,538 ...
Regeneron to buy back $5 billion shares from Sanofi
Regeneron Pharmaceuticals announced on Monday that it would buy back $5 billion worth of its shares from Sanofi, a French ...
China Opposed U.S. Audit Plans
The CSRC warns that the action would impact U.S. exchanges.
Hertz Files for Bankruptcy Protection
On Friday, May 22, 2020, America’s no.2 car rental firm, Hertz Global Holdings Inc., filed for bankruptcy protection as the ...
Alibaba exceeds market expectation; expects 650 billion yuan in revenue for 2021
As stay-at-home orders pushed consumers to shop for essentials online, and physical stores remained closed, Alibaba’s core business seen a ...
TikTok Named Kevin Mayer as its new CEO to Lead its U.S. Operations
Kevin Mayer, the head of Disney's streaming services and a Disney veteran for 27 years, is the new CEO of TikTok, ...
Uber adds another 3,000 layoffs; realign focus on rides, delivery business
Uber adds another 3,000 job cuts as the company realigns its focus on its core business: ride-hailing and food delivery ...
Richard Branson to Sell More Than a Fifth of Virgin Galactic Shares
Sir Richard Branson announced he'll be selling more than a fifth worth of shares in his suborbital spaceflight company, Virgin ...
J.C. Penney is reportedly considering filing for bankruptcy and closing a quarter of its stores
J.C. Penney is reportedly considering filing for bankruptcy protection as early as next week, though no final decision has been ...
JetBlue Announces ‘JetBlue Healthcare Hero’ Program — Giving Away 100,000 Free Flights to Healthcare Workers
JetBlue launches the "JetBlue Healthcare Hero" program, in which the airline is giving away 100,000 free flights (in pairs) to ...
Uber Slashed 14% of its Global Workforce to Compensate COVID-19 Pandemic Losses
Uber Technologies Inc. (NYSE: UBER) says in its U.S. Securities and Exchange Commission filing that it will be laying off ...
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