Новости за 11.05.2020

Regional bank PNC Financial plans to sell its stake in money management giant BlackRock in a secondary offering.

Virgin Group plans to sell as much as 12% of the space-tourism venture to shore up its other travel and tourism businesses.

Twitter will start adding labels to tweets that have disputed information about the coronavirus, a step that comes as a new survey shows that 78% of Americans believe that misinformation about the virus is a major problem.

Boris Johnson faces a bigger political challenge than Brexit.

More details from the health facility CBS blames for bogus video.

The athletic-apparel retailer reported a loss and a 23% drop in revenue for the first quarter and said store closures tied to the pandemic could result in a 60% revenue decline in the current quarter.

The pandemic forced the tech-allergic Supreme Court to convene via teleconference over Booking Holdings’ ability to trademark the term Booking.com. The case carries some irony: the court relying on high technology to hear a case that could strengthen Big Tech’s hand.

Futures markets imply the Federal Reserve will end up taking interest rates negative. Investors should be careful not to view that as an inevitability. But neither should they think it impossible.

The International Monetary Fund approved Monday a $2.77 billion loan to Egypt in an attempt to prevent economic collapse in the Middle East’s most populous nation due to the coronavirus pandemic.

Planet Fitness is defying gravity with most of its clubs closed and competitors entering bankruptcy.

Investment between the U.S. and China is off to a weak start in 2020 and could worsen, according to a report published Monday.

The Interior Department has given final approval for what it says will be the largest solar-power project in the U.S., a $1 billion installation in Nevada that could power about 260,000 households—enough to cover the residential population of Las Vegas.

The cruise company launched a bid  to raise money to help it sustain its business through the coronavirus pandemic.

‘For a baseline outlook, it’s reasonable to assume a legitimate return to growth in the second half of 2020 and into 2021,’ the Chicago Federal Reserve leader said.

Progressives and their union allies trash the company, but it keeps delivering and hiring.

A mom is treated like a criminal for reopening her small business in the lockdown.

Treasury Secretary Steven Mnuchin said he is looking at “technical fixes” to address problems in the forgivable-loan program to help small businesses weather the coronavirus pandemic, noting that such measures could target the restaurant industry.

The Cboe Volatility Index, or VIX, hit Friday its lowest level since Feb. 26, as market turbulence abates, flashing a green light for some funds to buy U.S. stocks.

Americans’ outlook for the job market and personal finances suffered substantial deterioration in April, new data from the Federal Reserve Bank of New York showed.

Years before the Covid-19 pandemic, the billionaire tried to warn global leaders of the threat from new infectious diseases. Few listened. “I feel terrible,” he says.

Storage schemes get creative, with would-be investors looking to sock it away in giant pools, caves or anywhere else they can until prices rebound. ‘Who wants to help your dad do this crazy stuff?’

The series co-created by Tina Fey will return for a choose-your-own-adventure style episode, suggesting the experimental format is here to stay.

Across Texas, business owners are pushing back against the state’s coronavirus shutdown orders and its phased reopening plan.

The swings came after the Saudi news agency said the kingdom will lower its June oil supply to 7.5 million barrels a day, adding another 1 million barrels a day to its existing production cuts.

The German lender is taking advantage of the stabilization in European debt markets to sell new bonds and boost its capital buffers.