Airbnb Cuts 1,900 Jobs to Compensate Losses
Airbnb, the largest online marketplace and one of Silicon Valley's most financially secure unicorns, succumb to the financial challenge and...
Oil slightly recovers after Trump said a deal between Saudi Arabia and Russia might be reached in a ‘few days’
President Trump's latest statements inspired the oil market to jump 10% on Thursday. Crude oil futures slightly recovered from weeks...
Here are the states that suffered the most unemployment due to COVID-19 pandemic
As the coronavirus pandemic continues to afflict the entire world, industries and markets are profoundly affected by government policies that...
China is underreporting COVID-19 cases, U.S. intelligence community says
A new report has revealed that the intelligence community told the White House that China and its government is purposely...
IMF approves a new round of bilateral borrowing agreements to maintain $1 trillion lending capacity
A new round of bilateral borrowing has been approved by the board of the International Monetary Fund (IMF) from January...
Ted Cruz: GOP senators warned Saudi Arabia against using oil as ‘economic warfare’ against Americans
Some GOP senators have recently "unloaded" on Saudi Arabian ambassador, demanding that the Middle East country cease weaponizing oil and...
17% of all confirmed COVID-19 cases in the world comes from the US
The United States has charted an additional 8,407 COVID0-19 cases bringing the total infected individuals to 112,533, representing 17% of...
The world economy is on ‘recession,’ says IMF chief
The COVID-19 has brought the global economy to a recession, International Monetary Fund (IMF) chief Kristalina Georgieva said Friday. However,...
GM announces the start of production of critical-care ventilators shortly after Trump’s tweets against CEO
General Motors and Washington-based Ventec Life Systems announced that efforts to begin production of critical-care ventilators are "already underway" and...
$2 trillion coronavirus stimulus package passed by the House amid efforts to delay voting by Massie
After efforts of Rep. Thomas Massie, R-Ky, to delay the passage of the much awaited Coronavirus Stimulus Package, the House...
Boeing CEO says he is confident that they will survive but seeks for $60 billion in government aid amid COVID-19 pandemic
Boeing CEO Dave Calhoun said that he is confident that the aeronautics company will survive the impacts of COVID-19 pandemic to...
Retail analyst warns for the worst as coronavirus pandemic continues to spread worldwide
Retail stocks are amongst the most affected in the market as the continuous spread of the fatal coronavirus, also known...
This isn’t just a bad flu season: WHO official warns as COVID-19 cases surpassed 350,000 worldwide
Mike Ryan, executive director of the emergencies programs by the World Health Organization (WHO), warns governments around the world that...
Zoom founder is now the world’s 274th richest man as coronavirus lock downs heightens videoconferencing demands
The coronavirus pandemic has caused a massive market meltdown as businesses are forced to close down and people are told...
McDonald’s to close all company-owned dining rooms, urges all franchisees to do the same
Fast-food giant McDonald's is planning to close the dining rooms in all of the company-owned stores across the United States...
Vaccine Tug of War: Germany resists as reports say US is luring firms for vaccine exclusivity
The German government insists that no country in the world should have a monopoly on all developed vaccines against COVID-19...
Alphabet’s Verily launches online COVID testing website in SF Bay Area
People in the San Francisco Bay Area can now access a website where they would be able to take a...
Amazon asks employees to work from home if they can
Amid the growing COVID-19 pandemic, Amazon tells employees in all its global sites to work from home if they can...
France suspends class in schools and universities to prevent spread of COVID-19
The French government ordered the closure of all schools and universities in the country in a bid to contain the...
Retailers urge Trump to lift tariffs on Chinese goods amid COVID-19 pandemic
Retail industry leaders are urging President Donald Trump to lift tariffs from Chinese goods as a response to the economic...
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