U.S. energy firms tally hurricane damage, plot restarts as Laura races north
U.S. energy companies on Thursday were organizing crews and beginning to review offshore Gulf of Mexico platforms…
Salesforce Cuts About 1,000 Jobs Even As Stock Has Record One-Day Surge
Salesforce is cutting about 1,000 jobs, or close to 2% of its workforce, after a blowout earnings report pushed the…
Sens. Warren, Smith Press Major Labs Over Coronavirus Testing Delays As Flu Season…
Sens. Elizabeth Warren and Tina Smith pressed five of the nation’s largest testing labs over delays in processing…
Walmart Is Teaming Up With Microsoft On TikTok Bid
Walmart said it’s teaming up with Microsoft in a bid for TikTok.
The retail giant confirmed to CNBC that it’s…
Cramer Says He Would ‘Buy Any Airline Stock’ After Abbott announces New Rapid…
The new rapid test for Covid-19 from Abbott Laboratories could be the development that sparks a turnaround for the…
Goldman Hikes Peloton’s Target To Street High, Says Growth Is Undervalued In The…
Wall Street is underestimating high flying fitness stock Peloton’s growth potential even after rallying nearly 140%…
Hudson Yards Developer Says Related Is Collecting 50% Of Rents On New York City…
Look no further than one of the biggest commercial real estate developers in New York City to see how the retail…
TikTok Likely To Announce Sale Of U.S. Operations In The Coming Days; Walmart Has…
TikTok is nearing a deal to sell its U.S. operations and could announce a deal in the coming days, according to…
Wall Street Opens Higher As Fed Targets 2% Average Inflation
U.S. stocks opened higher on Thursday as Federal Reserve Chair Jerome Powell rolled out an aggressive new strategy…
For U.S. Reopening, Labor Market Wound Is Healing Slowly
Small business staffing, shifts worked at industries and job openings posted by companies continued a sluggish…
Routine Cleaning And Disinfecting Leaves No Trace Of Coronavirus On Surfaces In…
A new study that tested multiple surfaces of a New Jersey oncology unit found no traces of the coronavirus,…
Nigeria: FSDH Predicts Continued Sluggish Economic Activities In 2020
Analysts at FSDH Merchant Limited have anticipated that the sluggish economic performance recorded in the second…
Nigeria’s Q2 GDP Decline Better Than Forecast
The Presidency has said that the 2nd Quarter (Q2) 2020 Gross domestic product (GDP) estimates, which measures…
Nigeria’s Forex Devaluation Timeline – 2020
Speculations started March 12 that the naira might be devalued. This is a timeline of every decision taken since…
Dollar Sags As Investors Brace For Dovish Fed Signals
The dollar wallowed near its lowest level for the week on Thursday as investors looked for hints from Federal…
Nigeria Approves Auditors For Delta Region Development Agency Probe
Nigeria’s government has approved auditors led by Ernst & Young to examine the finances of a government…
30 States Have Been Approved To Offer An Extra $300 A Week In Federal Unemployment…
Unemployed workers may soon get a bump of $300 or more in their weekly jobless benefits.
What’s more, it seems…
Cash Transfer: Nigerian Govt Warns Facilitators
The federal government has warned facilitators of Conditional Cash Transfer (CCT) programme to shun corrupt…
Ghana: Nigeria Shut Borders Without Notice… Why Have Economic Community If We…
Shirley Ayorkor Botchwey, Ghana’s foreign affairs minister, has retaliated comments made by Geoffery Onyeama, her…
Nigerian Students In Northern Cyprus Disagree With Dabiri-Erewa On Safety
Nigerian students in the Turkish Republic of Northern Cyprus (TRNC) have faulted the statement by the Chairman of…
OECD: ‘Unprecedented’ Economic Collapse For Developed Nations
The economic damage done to developed nations by the COVID-19 crisis has far eclipsed the damage done by the…
EY Advocates Reshaping Of Tax Agenda For Nigeria, Other African Countries
Ernst & Young, EY has explained the need for Nigeria and other African countries to reshape its tax agenda in…
Coronavirus Concerns Fall And Trump Approval Ticks Higher In Swing States,…
Voters’ concerns about the coronavirus have fallen and President Donald Trump’s approval rating has ticked higher…
Euro Zone Economy Growing According To ECB’s Baseline
The euro zone economy is growing in line with the path the European Central Bank projected in June, and the bank's…
CDC Quietly Revises Coronavirus Guidance To Downplay Importance Of Testing For…
The Centers for Disease Control and Prevention is no longer recommending testing for everyone who’s been exposed to…
Forex Non-Repatriation: CBN Orders Banks To Submit Details Of Defaulting Exporters
Central Bank of Nigeria (CBN) has directed banks to submit the names, addresses and Bank Verification Numbers (BVN)…
Some Countries Don’t Want To Wait For Superpowers’ Vaccines
After Covid-19’s emergence in Buenos Aires led to a strict lockdown in March, Juliana Cassataro and her fellow…
An Economy In Crisis
The crisis is another wake-up call to restructure the economy
Even when the numbers are open to broad…
Nigeria: COVID-19 Knocks 15% Off Export Earnings In One Month
Nigeria’s export earnings dropped by nearly $2 billion in one month due to the global coronavirus pandemic, which…
Nordstrom’s Sales Fall 53% As Department Store Chain Suffers Store Closures Amid…
Nordstrom said Tuesday its net sales fell 53% during the second quarter, as its stores took a hit from being…