business news
UK Covid cases are back on the rise as government scraps travel restrictions
Shoppers walking along Oxford Street in London on Dec. 21, 2021. Tolga Akmen | AFP | Getty Images LONDON — Cases of Covid-19 are rising once again in the U.K., according to the latest figures from the Office for National Statistics, just as the government lifts its remaining travel restrictions. ONS figures published Friday showed […]
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Over 400 companies have withdrawn from Russia. But some Western brands are locked in
The Burger King name appears in Russian outside a Burger King fast food restaurant in Moscow, Russia, on Friday, April 5, 2013. Bloomberg | Getty Images Ukrainian President Volodymyr Zelelnskyy in his address to U.S. Congress Wednesday reiterated calls for all global brands to exit Russia — a market “flooded with [Ukrainian] blood” — as […]
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After one of the worst starts to the stock market in 95 years, JPMorgan says it’s time to buy
“We believe the market still has upside,” said Dubravko Lakos-Bujas, JPMorgan’s chief U.S. equity strategist. Source
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Flexible hours allow employees at this company to fit work around their lives
Allison Greenwald, senior product manager at The Alley Group, spent five weeks in Alaska while working a flexible schedule. Courtesy: Allison Greenwald Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance. Companies are responding, meeting their employees’ needs in areas like remote work, flexible […]
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BP CEO Looney’s 2021 pay package more than doubles to around $5.9 million
Bernard Looney, chief executive officer of BP Plc, gestures while speaking during a news conference in London, U.K., on Wednesday, Feb. 12, 2020. Bloomberg | Getty Images BP CEO Bernard Looney’s total renumeration in 2021 rose to £4.46 million ($5.86 million) from £1.74 million, BP’s annual report published on Friday showed. BP’s 2021 profits hit […]
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Russia central bank warns of ‘large-scale structural transformation’ for economy, holds rates at 20%
Russian President Vladimir Putin chairs a meeting with members of the Security Council via a video link at the Novo-Ogaryovo state residence outside Moscow, Russia February 18, 2022. Mikhail Klimentyev | Sputnik | via Reuters The Central Bank of Russia on Friday held its monetary policy steady and maintained its key interest rate at 20%, […]
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These Dow stocks could win big as the Fed raises rates steadily over the next two years
As the Fed prepares to steadily raise rates over the next two years, these Dow stocks could win big based on their performance in recent history. Source
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Fed Governor Waller says half-point rate hikes could be needed as ‘inflation is raging’
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday, Feb. 13, 2020. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller told CNBC on Friday that the central bank may need to enact one […]
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop as S&P 500 still tracks for best week since November 2020 Traders on the floor of the NYSE, March 17, 2022. Brendan McDermid | Reuters U.S. stock futures dropped Friday as the S&P 500 […]
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Porsche discussed possible joint projects with Apple
Porsche Taycan Turbo S Handout | Porsche Managers at sportscar maker Porsche late last year travelled to the United States to discuss possible joint projects with iPhone maker Apple as well as with some other tech companies, Porsche’s CEO said on Friday. “We already have Apple CarPlay, we will expand on that,” Chief Executive Oliver […]
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