Italy Looks To Reopen Borders Next Month As Lockdown Measure Ease
Italian Prime Minister Giuseppe Conte outlined a further loosening of movement restrictions on Saturday, including opening borders to travellers from…
Day: May 16, 2020
How The Pandemic May Change The Way We Grocery Shop
Gone are the days of leisurely browsing the aisles of grocery stores. Instead, customers are getting used to new grocery…
Bankrupted JC Penney Plans To Spin Its Properties Into Separate Real Estate Company
A piece of J.C. Penney’s proposal to emerge from bankruptcy includes spinning its real estate into a publicly traded real estate…
Coronavirus: Millions Of Americans Could Retire Into Poverty
Labor economist Teresa Ghilarducci began studying retirement in 2008, when the Great Recession was making it impossible for millions of Americans to…
How Would Negative Interest Rates Affect Mortgages?
The Federal Reserve hasn’t left itself much room to keep using interest rates to battle the coronavirus, which Fed Chairman…
Nigeria: FG, States, LGs Share N606.196bn, Revenue Drops By N227.265bn
The Federation Accounts Allocation Committee has shared a total of N606.196bn for April revenue to the federal, states and local…
California Officials Reject Subsidies For Musk’s SpaceX Over Tesla Spat
A California state panel on Friday rejected a request from Elon Musk’s SpaceX for $655,500 in state job and training…
Trump Administration Reportedly Set To Restore Partial Funding To World Health Organization
U.S. President Donald Trump’s administration is set to restore partial funding to the World Health Organization, Fox News reported late on Friday, citing a…
China Asks United States To Stop ‘Unreasonable Suppression’ Of Huawei
China’s foreign ministry said on Saturday the United States needed to stop the “unreasonable suppression” of Chinese companies like Huawei. The…
House Democrats Pass $3 trillion Coronavirus Relief Package
House Democrats on Friday passed a $3 trillion coronavirus relief package, unprecedented spending Senate Republicans have pledged to block as…
Saudi Wealth Fund Boosts U.S. Holdings With Stakes In Citi, Boeing, Facebook
Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing (BA.N), Facebook (FB.O) and Citigroup…
J. C. Penny Files For Bankruptcy
J.C. Penney Co Inc filed for bankruptcy protection on Friday with plans to permanently close some stores and also explore…