Delayed tax day to bring revenue lift to cash-strapped US states

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A downward spiral in revenue in the wake of the coronavirus outbreak will pause this month for most U.S. states as [caption id="attachment_5830" align="alignnone" width="937"]...

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Business News

Oil prices slip after OPEC, allies agree to loosen oil supply curbs

July 15, 2020July 15, 2020

Oil prices slid on Thursday after OPEC and allies such as Russia agreed to ease record supply curbs from August, though the drop was cushioned...

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Business News

Neiman Marcus must justify executive bonuses: US Justice Department lawyer

July 15, 2020July 15, 2020

Top executives of Neiman Marcus, which filed for bankruptcy in May, do not deserve bonuses of up to US$10 million unless they can show they...

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Business News

US judge confirms Berkshire Hathaway unit’s 643 million euro award against German pipemaker

July 15, 2020July 15, 2020

A U.S. judge on Wednesday confirmed a 643 million euro (US$734 million) award in favor of a unit of Warren Buffett's Berkshire Hathaway Inc that...

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Business News

Key EU data transfer tools in focus in Facebook, Schrems clash

July 15, 2020July 15, 2020

The latest clash between Facebook and Austrian privacy activist Max Schrems could disrupt hundreds of thousands of companies as Europe's top court rules on Thursday...

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Business News

Japan firms see no immediate fix for virus pain, some eye better productivity: Reuters poll

July 15, 2020July 15, 2020

Nearly half of Japan's companies have no immediate plans in place to help counter the impact of the coronavirus pandemic, although a third of those...

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Business News

Amazon extends work from home policy, still restricting travel

July 15, 2020July 15, 2020

[caption id="attachment_5859" align="alignnone" width="939"] FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, November 5, 2019. [/caption] CHICAGO:...

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Breaking News Healthcare News

Oklahoma governor tests positive for coronavirus as numbers rise across US

July 15, 2020July 16, 2020

[caption id="attachment_5900" align="alignnone" width="957"] FILE PHOTO: EMT’s cleanse their materials outside Memorial West Hospital where coronavirus disease (COVID-19) patients are treated, in Pembroke Pines, Florida,...

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Breaking News Healthcare News

Nations slow reopening, reimpose restrictions as COVID-19 cases surge

July 15, 2020July 16, 2020

A Shinto maiden wearing a protective face mask walks at a shrine amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan Jul 15, 2020. ...

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News

As Canada nears zero COVID-19 deaths, officials fear reopening spike, US risk

July 15, 2020July 16, 2020

[caption id="attachment_5909" align="alignnone" width="959"] Visitors view panoramic city scenes from the 553 metres (1815 feet) high CN Tower, which reopened for the first time since...