Category: Business

Wall Street is closing out a painful week of earnings reports with one bright spot: Clorox reported higher profit off demand for cleaning products. As…

View More Amazon extends work from home, Clorox sales jump

Image copyright Getty Images Image caption Ryanair boss Michael O’Leary has cut his pay by 50% for the rest of the year Ryanair boss Michael…

View More Ryanair warns refunds to take up to six months as it axes jobs

If anything, those figures understate quite how concentrated the slaughter industry is. About two-thirds of America’s pork passes through the 24 giant facilities owned by Smithfield…

View More The Coronavirus Won’t Bring the End of Big Meat

It’s not only curious — it’s disturbing. What it suggests is that American capitalism has entered a new and dangerous phase, one in which the…

View More Socialism for investors, capitalism for everyone else

Ironically, as someone who writes, speaks, and consults about focus and attention, I used to advise people to “hit the pause button.” And now, here…

View More How To Reclaim What Matters Before It’s Lost

Jobless claims have surpassed 30 million over the past six weeks, with Florida now topping California as the state with the most weekly unemployment claims,…

View More Trump fuels China lab theory, Big Tech earnings hit

Media playback is unsupported on your device Media captionOxford ‘started developing coronavirus vaccine in January’ A coronavirus vaccine could be available for limited use by…

View More Coronavirus: Vaccine ‘could be ready by end of year’

1. What’s the ECB doing for banks? It’s expanding a program called Targeted Longer-Term Refinancing Operations (TLTROs) and adding a new one called Pandemic Emergency…

View More Why ECB Is Stuffing More Free Cash Into Bank Pockets: QuickTake

Jenny Zhiya Qian, founder and CEO of Luckin Coffee Inc., center left, and Charles Zhengyao Lu, … [+] chairman of Luckin Coffee Inc., center right.…

View More China’s Luckin Coffee Founder Is $1 Billion Poorer After Company Announces Fraud…

People sitting in the sun on the steps of the Royal Dramatic Theater practice social distancing in Stockholm on April 22, 2020, amid the coronavirus…

View More Economy to contract as severely as the rest of Europe

Image copyright Getty Images Sainsbury’s says that customers are likely to see disruption to their shopping until September amid the coronavirus pandemic. Its boss Mike…

View More Coronavirus: Sainsbury’s boss says queues set to stay in place

Trump alluded to the plan Tuesday morning during an Oval Office meeting with Florida Gov. Ron DeSantis (R). “We’re going to sign an executive order…

View More Trump orders meat plants to say open, citing Defense Production Act

Elon Musk used Tesla’s quarterly results call as an opportunity to attack extended COVID-19 shutdown … [+] rules. © 2019 Bloomberg Finance LP Elon Musk…

View More Elon Musk Rants About `Fascist’ COVID-19 Closures As Another Tesla Call Veers Off Course

6:10 pm: Landlord blasts FedEx for rent reduction request FedEx, citing the devastating impact of Covid-19, requested that its rent be cut in half at some…

View More Coronavirus live updates: NFL furloughs employees