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Walmart trailed supermarkets amid peak panic-buying: data

Americans increased their visits to supermarkets far more than to Walmart Inc stores as panic-buying peaked in mid-March, a Reuters analysis of foot traffic to retailers in the United States shows.



5 years ago

Oil futures on track for two-month highs as lockdowns ease

Oil prices jumped on Monday, with both U.S. and Brent benchmarks on track for their highest settles in two months, supported by optimism about resumption in economic activity and steady output cuts from major producers.



5 years ago

Tech has an ageism problem: 3 things to do if you’re over 40 and want to stay relevant

FastCompany | Lisa Smith | May 14, 020 Zapier’s engineering manager points out that unless you’re Gen Z, you’re closer than you think to being old—or you’re already there—and you need to have a plan. I’m Lisa Smith, I’m an engineering manager for Zapier’s developer platform, and I’m an Old. I’ve been working in tech

5 years ago

Costs have skyrocketed for retirees. Here's why Social Security benefits aren't keeping up

Retirees who rely on Social Security may feel their monthly checks aren't stretching as far as they used to. And they're not wrong. Benefits have lost 30% of their buying power since 2000.

5 years ago

Stimulus, vaccine hopes drive S&P 500 to 10-week high

U.S. stocks surged on Monday, with the S&P 500 hitting a 10-week high, as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with investors also hoping for stimulus to cushion the economic blow from the pandemic.



5 years ago

Total calls off plan to buy Occidental Petroleum's Ghana assets

Total has called off a plan to acquire Occidental Petroleum's assets in Ghana, which was conditional on the completion of the acquisition of Occidental's other assets in Algeria, the French energy company said on Monday.



5 years ago

Cryptocurrency Payments Processor CoinPayments Appoints Jason Butcher as New CEO

Crowdfund Insider | Samantha Hurst | May 14, 2020 Cryptocurrency payments processor CoinPayments announced on Wednesday it has appointed Jason Butcher as its new CEO. CoinPayment reported that Butcher has been its Chief Operating Officer since 2017, and previously as an advisor starting in 2015, helped boost CoinPayments’ monthly transactions to more than $100 million.

5 years ago

San Francisco Bay Area to open for manufacturing, curbside retail

Businesses in the San Francisco Bay Area may open for manufacturing, retail with curbside pickup and warehouse distribution, health directors of five counties that make up most of the region said Monday.



5 years ago

Amazon's French warehouses to reopen with 30% staff: unions

Amazon's French warehouses are set to reopen on Tuesday with about 30% of employees, three union officials said, ending a month-long dispute over whether the e-commerce giant was doing enough to protect workers from the coronavirus pandemic.



5 years ago

5 key moves to make now to protect your financial future if you've been furloughed

A new study is painting a gloomy picture for furloughed Americans, claiming 42% of the temporary layoffs resulting from the coronavirus pandemic will be permanent. If you aren't headed back to work, it's imperative to make moves such as applying for unemployment and health insurance to help relieve some of the financial strain.

5 years ago

Oil on track for two-month high as lockdowns ease, positive vaccine results

Oil prices jumped on Monday, with both U.S. and Brent benchmarks on track for their highest settles in two months, supported by positive early results on a potential coronavirus vaccine and optimism about resumption in economic activity.



5 years ago

Uber to focus on core rides, delivery business as it cuts 23% of workforce

Uber Technologies Inc will concentrate on its core businesses in ride-hailing and food delivery and cut 23% of its workforce in an attempt to become profitable despite the coronavirus pandemic, Chief Executive Officer Dara Khosrowshahi said in an email to employees on Monday.



5 years ago

JPMorgan fills senior leadership roles after February makeover

JPMorgan has made a number of changes in senior positions in its investment bank in the Europe, Middle East and Africa (EMEA) region to support a February reshuffle of the top roles, according to an internal memo seen by Reuters.



5 years ago

Lucky U.S. chickens fly the coop as pandemic hits egg demand

About 1,000 lucky chickens flew on two chartered cargo planes to a California sanctuary from an Iowa farm that has been euthanizing its flock as the coronavirus outbreak slashes restaurant demand for eggs, an animal rights group said.



5 years ago

Ailing icon Thyssenkrupp seeks partners for steel, warship units

Thyssenkrupp on Monday said it was looking for partners for its steel and warship divisions, singling out just three lines of businesses that will stay within the struggling German industrial icon.



5 years ago