EasyJet Hack Leaves 9 Million Customers’ Details Exposed
EasyJet announced on Tuesday that it has suffered a major cyber attack from a “highly sophisticated” source. The budget European…
Day: May 19, 2020
Pence Says He Isn’t Taking Unproven Hydroxychloroquine Treatment For Coronavirus
Vice President Mike Pence said Tuesday he is not taking hydroxychloroquine as a preventive treatment for the coronavirus. “My physician…
China’s Xi Pledges $2 Billion To Help Fight Coronavirus
Chinese President Xi Jinping said Monday his country will provide $2 billion over two years to help other countries respond to the…
Coronavirus: New Car Registrations In Europe Fall 76% In April
European car sales fell dramatically in April as coronavirus lockdowns in the region closed car dealerships and brought a halt…
Dow Drops More Than 300 Points, Erasing Earlier Gains
Stocks fell for the first time in four days on Tuesday, giving back some of the strong gains from the…
Johnson & Johnson Discontinues Talc-Based Baby Powder In US And Canada After Mounting Lawsuits
Johnson & Johnson said Tuesday that it is discontinuing its talc-based baby powder in the United States and Canada as demand…
Kohl’s Expects Sales For Women’s Apparel To Remain Weak, Exits Jennifer Lopez And Other Women Brands
Kohl’s Corp (KSS.N) said the coronavirus crisis would have a material impact on results this year as it removed eight…
Lufthansa Expects Hundreds Of Aircraft To Be Grounded Until 2022
Lufthansa is bracing for hundreds of aircraft to remain grounded due to the coronavirus pandemic well into 2022 and that…
Workers Hit McDonald’s With Class Action Lawsuit Over COVID-19 Safety
Five McDonald’s (MCD.N) workers in Chicago filed a class action lawsuit against the chain on Tuesday, accusing it of failing…
Facebook To Launch New Shopping Feature Across Apps
Facebook Inc (FB.O) is launching Shops, a service that will allow businesses to display and sell products on the world’s…
Over 4 Million Americans Are Now Skipping Mortgage Payments
Fewer Americans are calling their mortgage servicers to ask for relief from mortgage payments, but the housing industry isn’t out…
Nigeria: Blue-Chip Firms Dominate As Investors Gain N37bn
Transactions on the floor of the Nigerian Stock Exchange on Monday halted marginal negative sentiment witnessed last Friday to begin…
Mitsubishi Motors To Cut Costs After Slump In Annual Profit
Mitsubishi Motors Corp (7211.T) will focus on cutting fixed costs by 20% or more in the next two years after…
Investors Show Little Faith In ‘Bear Market Rally’
A majority of investors believe the global stock market rally will swing into reverse, with a second wave of coronavirus…
Low Oil Demand Faces Further Threat From Electric Vehicles
Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto…
How Post-Pandemic Office Spaces Could Change Corporate Culture
By now it’s very clear that the coronavirus pandemic will change the way we work in offices — perhaps indefinitely. Less…
Walmart’s Same-Store Sales Rise 10%, Online Revenues Surge
Walmart Inc’s (WMT.N) first-quarter U.S. comparable sales rose 10% and the retailer reported a 74% rise in online revenue on…
Oil Production Cut Will Deepen Nigeria’s Recession, Says Fitch
A global credit ratings agency, Fitch Ratings, has said Nigeria’s compliance with the oil production cut deal led by the…
Nasdaq To Tighten Listing Rules, Restricting Chinese IPOs
Nasdaq Inc (NDAQ.O) is set to unveil new restrictions on initial public offerings (IPOs), a move that will make it…
Coronavirus: UK Jobless Claims Increased By 70% in April
The number of people claiming unemployment benefits in the U.K. soared in April, as the coronavirus outbreak created mass job…