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Women In Fintech Will Play A Crucial Part In The Covid-19 Recovery Plan

Forbes | Madhvi Mavadiya | June 1, 2020 The coronavirus has prompted the U.K.’s biggest government bailout of all time. The bill for subsidies and tax breaks for businesses impacted by Covid-19 has already reached more than £100 billion and will continue to increase. This has prompted concern among some that rescue money is being

5 years ago

Rental fleet collapse drags down U.S. vehicle sales

The 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 coronavirus stay-at-home orders began to ease.



5 years ago

Wall Street advances on signs of economic rebound

U.S. stocks posted modest gains on Tuesday as market participants looked past widespread social unrest and pandemic worries to focus instead on lifting lockdown restrictions and signs of economic recovery.



5 years ago

California court hears appeal of $289 million verdict against Bayer in first Roundup cancer trial

A California appeals court on Tuesday heard arguments in the first case that went to trial over allegations that Bayer AG's glyphosate-based weed killer Roundup causes cancer, resulting in a $289 million judgment against the company.



5 years ago

U.S. launches trade probe into digital taxes, plowing ground for new tariffs

The U.S. Trade Representative's office said on Tuesday it was launching a "Section 301" investigation into digital services taxes adopted or under consideration by a number of U.S. trading partners - a move that could lead to new punitive tariffs.



5 years ago

U.S. board urges helicopter manufacturers to add crash-data recorders

The National Transportation Safety Board (NTSB) on Tuesday urged six major manufacturers to equip turbine-powered helicopters with crash-resistant systems to record data, audio and images, after former NBA star Kobe Bryant and eight others were killed in a helicopter crash in January.



5 years ago

Oil up nearly 3% ahead of OPEC+ meeting and on easing lockdowns

Oil prices climbed about $1 a barrel on Tuesday on hopes that major crude producers will agree to extend output cuts during a video conference likely to be held this week and as countries and U.S. states begin to reopen after coronavirus lockdowns.



5 years ago

Center for Democracy and Technology files lawsuit against Trump's executive order on social media

The Washington-based Center for Democracy and Technology filed a lawsuit on Tuesday against U.S. President Donald Trump's executive order on social media, arguing it violates the First Amendment.



5 years ago

Oil up more than 3% ahead of OPEC+ meeting and on easing lockdowns

Oil 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 expected to be held this week and as countries and U.S. states begin to reopen after coronavirus lockdowns.



5 years ago

After a rush for more small business funding, PPP loan money remains untapped

More than a month into round two of the Paycheck Protection Program, there's more than $120 billion still left unallocated for small businesses.

5 years ago

FAA chief to testify at June 17 Senate hearing on Boeing 737 MAX

Federal Aviation Administration chief Steve Dickson will testify June 17 before a U.S. Senate panel on certification of the Boeing 737 MAX that was involved in two fatal crashes in five months that killed 346 people.



5 years ago

Twitter names Patrick Pichette as chair of board

Twitter Inc said on Tuesday that it appointed Patrick Pichette as chair of the social network's board of directors, replacing Omid Kordestani.



5 years ago

Tech advocacy group's lawsuit says Trump's order on social media is unconstitutional

An advocacy group backed by the tech industry filed a lawsuit on Tuesday against President Donald Trump's executive order on social media, as U.S. technology companies have been fighting White House efforts to weaken a law that protects them.



5 years ago

Zoom doubles full-year revenue forecast on remote-work boost

Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, riding on a surge in usage of its video conferencing platform due to coronavirus-driven lockdown measures globally.



5 years ago

Equities cruise to three-month highs, dollar under protest pressure

World stock markets hit their highest levels since March and oil prices jumped on Tuesday as signs of a global economic recovery from the coronavirus pandemic offset concerns over the worst civil unrest in the United States in decades.



5 years ago