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In Chicago’s Little Village, federal aid begins to 2020-05-26 15:16:00Slow in coming to minority firms, the government’s Paycheck Protection Program is now offering a lifeline. But for some, it may not tide them ov

US unemployment rises to 39 million as states 2020-05-21 11:47:40The latest U.S. unemployment number increased by 2.4 million to 39 million. But some companies have begun to rehire a limited number of their laid-o

Where’s the beef? Pandemic exposes cracks in US 2020-05-19 13:15:00Most Americans have grown accustomed to plentiful food. The pandemic has exposed shortcomings in a complex and often convoluted U.S. food system.

Another big job-loss wave looms: state and city 2020-05-19 10:34:00A steep downturn in the private sector is poised to cause big job losses in state and local governments. Relief could come from Congress.

An impossible comeback? The small New York shops 2020-05-18 14:08:00Even before the pandemic, many small-business owners in New York were operating on small margins. Now they’re facing tough decisions.

U.S. auto industry reopens, sparking hope in job 2020-05-15 12:23:06About half of all auto workers are expected to return to factories next week, which have been shuttered since mid-March due to the pandemic. The cauti

Should jobless renters be evicted or forgiven during 2020-05-13 12:17:14About 43 million households in the United States are renters and as jobless rates continue to spike many are either forgoing or unable to pay rent. Bu

Keep working from home? How office-life will change 2020-05-12 11:30:56Businesses are considering new safety measures for communal workplaces, how to improve online collaborations, and if they need a physical location at

Is this crisis giving capitalism a moral nudge? 2020-05-08 17:06:37Many corporations are boosting pay or health protections for workers in the pandemic – or are facing criticism if they don’t.

Revive economy with virus-immune workers? Not so fast. 2020-05-08 16:17:57The flurry of interest in antibody testing as a shortcut to reopening hard-hit cities like New York has given way to humility.

Ridesharing has plummeted. Can food delivery save Uber? 2020-05-08 13:42:41Uber is cutting 14% of its workforce and offloading its bike and scooter business after losing $2.9 billion in the first quarter. But the company's m

Deceased taxpayers were sent relief checks. Should they 2020-05-08 10:58:00The Trump administration and IRS are urging families to return coronavirus relief payments sent to the deceased, but legal experts say there is no law

Reuters: Business News

Wall Street closes up on signs of economic New! 2020-06-02 18:43:26A late-session rally pushed Wall Street to solid gains on Tuesday as market participants looked past widespread social unrest and pandemic worries to

After Facebook staff walkout, Zuckerberg defends no action New! 2020-06-02 18:28:01Facebook CEO Mark Zuckerberg told employees on Tuesday that he stood by his decision not to challenge inflammatory posts by U.S. President Donald Tru

Tech advocacy group's lawsuit says Trump's order on New! 2020-06-02 18:15:14An advocacy group backed by the tech industry sued President Donald Trump on Tuesday over his executive order that would weaken a law protecting onlin

Google is sued in U.S. for tracking users' New! 2020-06-02 18:09:38Google was sued on Tuesday in a proposed class action accusing the internet search company of illegally invading the privacy of millions of users by t

Rental fleet collapse drags down U.S. vehicle sales New! 2020-06-02 18:00:33The collapse in demand for new vehicles from U.S. rental car fleets hit automakers hard in May, even as consumer sales were stronger than expected as

Zoom doubles forecast for full-year revenue on remote-work New! 2020-06-02 17:41:46Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home a

Twitter names ex-Google CFO Patrick Pichette chairman New! 2020-06-02 17:38:16Twitter Inc said on Tuesday that it appointed Patrick Pichette, former chief financial officer at Google, as chairman, replacing Omid Kordestani.

Lyft says May rides jump 26% from prior New! 2020-06-02 17:31:33Ride-hailing firm Lyft Inc said on Tuesday that rides on its platform rose 26% in May from the previous month helped by strong growth in cities where

U.S. FAA chief to testify at Senate hearing New! 2020-06-02 17:16:44U.S. Federal Aviation Administration chief Steve Dickson will testify June 17 before a U.S. Senate panel on certification of the Boeing 737 MAX that

LVMH's takeover of Tiffany seen as uncertain: WWD New! 2020-06-02 17:06:12French luxury goods group LVMH's $16.2 billion takeover of Tiffany & Co is looking less certain as the jeweler grapples with a deteriorating si

Oil up more than 3% ahead of OPEC+ New! 2020-06-02 17:01:10Oil prices climbed by more than $1 a barrel on Tuesday on hopes that major crude producers will agree to extend output cuts during a video conference

Equities cruise to three-month highs, dollar under protest New! 2020-06-02 16:28:05World stock markets hit their highest levels since March and oil prices jumped on Tuesday as signs of a global economic recovery from the coronavirus

The Daily Star

Asian markets extend gains on hopes virus crisis New! 2020-06-02 14:00:00The easing of lockdowns around the world and signs that economies are slowly recovering provided further impetus for Asian stocks Tuesday, though trad

Credit growth plunges to 12-year low New! 2020-06-02 14:00:00As more and more economic data trickle in of the past few months, we are getting a more accurate barometer of the sweeping pall of pessimism that has

Mixed fortunes for London shops hit by pandemic New! 2020-06-02 14:00:00Behind the colourful shopfronts in England’s Lane, a picture-postcard street near north London’s Primrose Hill, business owners are experi

FMCG companies tuning products to cash-strapped consumers’ means New! 2020-06-02 14:00:00The makers of cereal, toiletries and other supermarket staples in Bangladesh are increasingly working to reshape their product lines to keep cash-stra

Cries for store rent waiver grow louder New! 2020-06-02 14:00:00For more than two months, Motahar Hossain has been unable to run business at his two clothing retail stores in the capital’s Bashundhara City as

Govt mulling over eating the rich New! 2020-06-02 14:00:00The government may increase excise duty on big-ticket account balances in banks in its bid to collect more taxes from relatively well-offs to attain i

Fashion app sells off unwanted stock to aid New! 2020-06-02 14:00:00A British shopping app is raising money to help hard-pressed garment workers in Bangladesh by selling off clothes ditched by global fashion brands as

Why can’t the ride-hailing services ply the roads New! 2020-06-02 14:00:00After passing nervous two months thanks to the countrywide general shutdown, hitting the Dhaka streets again has become a compelling need for Md Belal

EU to give €90m to garment workers laid New! 2020-06-02 14:00:00There is finally some good news for the hard-up garment workers as the European Union (EU) will provide more than € 90 million to those who have

Beximco Pharma bracing for remdesivir export to 30 New! 2020-06-02 14:00:00Beximco Pharmaceuticals seem to be going through a purple patch of late.

Retailers wrestle with mountain of unsold stock New! 2020-06-02 14:00:00Forget fast or slow fashion, now it’s ground to a halt.

Nivea teams up with e-commerce platforms to reach New! 2020-06-02 14:00:00Global skincare brand Nivea has partnered with multiple e-commerce platforms in Bangladesh to make its wide portfolio of personal care products easily

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Covid-19 crisis: MFs invest Rs 1,230 cr in 2020-05-31 09:32:50In the entire month of March, MFs made an investment of over Rs 30,000 crore on attractive valuations as many stocks hit their 52-weeks lows

Coronavirus LIVE: Maharashtra government extends lockdown till June 2020-05-31 09:03:24Covid 19 tracker: States that have seen sharpest single-day spike in total cases are Delhi (1,105), Tamil Nadu (874), Karnataka (248), Haryana (217),

Coronavirus impact: Toyota Kirloskar Motors sales dip 86% 2020-05-31 07:48:04There has been a significant surge in customer orders and enquiries online, through digital platforms, company official says

Anger over police killings shatters landscapes in dozens 2020-05-31 07:05:25People set fire to police cars, threw bottles at police officers and busted windows of storefronts, carrying away TVs and other items even as some pro

CBDT notifies income tax returns forms for 2019-20: 2020-05-31 06:00:56The dept has revised the I-T return forms for the financial year 2019-20 to allow assessees to avail benefits of various timeline extension granted by

Indian economy on course for full-year contraction: DBS 2020-05-31 04:58:06The government on Saturday said a phased exit would begin on June 1 from the over-two-months-long nationwide lockdown

RIL on track to attain zero net debt 2020-05-31 04:28:52Adjusted net debt, however, at Rs 2.57 trillion is higher and would take longer to repay

Modi indicates restricting imports of goods that can 2020-05-31 03:40:24Modi said a national migrant commission could soon be set up

World coronavirus dispatch: No of deaths in Latin 2020-05-31 03:08:19Overburdened Mexico struggling to cope while Japan manages the pandemic by controlling small outbreaks

Important to be even more vigilant now, says 2020-05-31 02:54:44There is no class of people who did not suffer due to this outbreak, but poor, labourers hit hardest, says PM

China came little farther this time, will resolve 2020-05-30 23:46:00Indian and Chinese troops used to come face to face on the LAC many times but this time the situation is different, said the defence minister in a TV

Trump to postpone G7 meeting; seeks India, Russia's 2020-05-30 21:18:38The leaders of the world's major economies were slated to meet in the US this year

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