Global stocks slip as virus outbreaks dim hopes for rebound
Global shares were mostly lower Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech shares that pushed the Nasdaq composite to another record high. France’s CAC 40 dipped nearly 1.0% in early trading to 5,031.31, while Germany’s DAX slipped 1.1% to 12,594.07. Britain’s FTSE 100 dropped More...
Benefits of Employee Development Programs
It costs up to two years of an employee’s annual salary to replace that employee. In addition, it may take up to eight months for new employees to complete training and become efficient in their job duties. Although More...
UK set to U-turn on EU border checks
The British government is watering down plans for full border checks on goods coming from the European Union to relieve pressure on businesses hammered by the coronavirus pandemic, U.K. media reported Friday. The More...
George Floyd, whose death energized a movement, to be buried
The black man whose death has inspired a worldwide reckoning over racial injustice will be buried in Houston Tuesday, carried home in a horse-drawn carriage. George Floyd, who was 46 when he was killed, will be More...
US unemployment drops unexpectedly to 13.3% amid outbreak
U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists had predicted, triggering a big rally Friday on Wall Street and giving President More...
U.S., Canada, Mexico extend border restrictions
The U.S., Canada and Mexico have extended their agreements to keep their shared borders closed to non-essential travel to June 21 because of the coronavirus pandemic. Canadian Prime Minister Justin Trudeau says More...
Japan’s economy slips into recession
Japan dived into its first recession since 2015, according to official data Monday, with the world’s third-largest economy contracting by 0.9 percent in the first quarter as it wrestles with the fallout from More...
Mass testing to begin in Wuhan amid fears of virus comeback
At least one community in the Chinese city of Wuhan was to begin testing residents for the new coronavirus Thursday after officials were given 10 days to test everyone in the city where the pandemic began, Chinese More...
Tesla CEO Musk restarts California factory amid lockdown
Tesla CEO Elon Musk confirmed Monday that the company has restarted its California factory, a move that defied local government orders involving measures to contain the coronavirus. In a tweet, Musk practically More...
Fed signals it will likely hold rates near zero for months
The Federal Reserve signaled Wednesday that it will keep its key short-term interest rate near zero for the foreseeable future as part of its extraordinary efforts to bolster an economy that is sinking into its More...