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Tim Hortons lays out its path back to normal, hoping to reopen dining areas across Canada by next month

Financial Post | Jake Edmiston | May 12, 2020 Iconic coffee chain will widen the space between tables and sanitize tables and chairs after each use Tim Hortons executives are meeting with franchisees this week to map out a return to normal, starting with reopening dining rooms as soon as provincial governments say it’s okay

5 years ago

Uber to require drivers, riders to wear masks around the world

Uber Technologies, Inc. on Wednesday said it will require drivers, delivery workers and riders globally to wear a mask as countries around the world begin easing restrictions aimed at curbing the spread of the coronavirus.



5 years ago

Tesla, California county reach deal to reopen U.S. plant next week

Tesla Inc and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows production to resume as early as Monday, county officials said.



5 years ago

Crowdfunding Is Revolutionizing The Cannabis Industry. Here’s Why.

Green Entrepreneur | Chidike Samuelson | May 13, 2020 The cannabis industry has seen two major upward surges in the last 5 years, the first came with the national legalization of cannabis in Canada which was subsequently followed up by many states in the United States and the second has come during this COVID-19 pandemic.

5 years ago

Hundreds of public companies hold on to small business loans as deadline to return money nears

Many public companies that tapped PPP have so far escaped scrutiny because they aren't household names. CNBC found 49 companies with a market capitalization of at least $100 million that hadn't disclosed plans to return the money as of May 12.

5 years ago

Bill Miller doesn't see market as 'dramatically overvalued,' says Amazon could double in 3 years

Bill Miller disagreed Wednesday with the assessment made by other major investors about the market's valuation being too high.

5 years ago

Any extension of $600 unemployment benefits would help these jobs and industries the most

Workers in certain industries, such as retail, accommodation and food services, stand to benefit most from an extension to enhanced unemployment benefits.

5 years ago

U.S. March, April job losses revised higher

The U.S. economy lost a record 20.537 million jobs in April and not 20.5 million as reported last Friday, according to revised data published by the Labor Department this week.



5 years ago

Sanofi to accelerate European COVID-19 vaccine access after CEO prioritizes U.S. preorders

French drugmaker Sanofi SA said on Wednesday that it is working with European regulators to speed up access to a potential coronavirus vaccine in Europe after its chief executive suggested Americans would likely get the vaccine first.



5 years ago

Brazil's Gol values Boeing's 737 MAX compensation at up to $412 million

Brazil airline Gol Linhas Aereas Inteligentes said on Wednesday it will receive up to 2.4 billion reais ($412 million) from Boeing Co as compensation for the grounding of the 737 MAX plane, in a mix of cash and credits.



5 years ago

Less than zero? Fed's Powell shows no love for negative rates

Federal Reserve Chair Jerome Powell had a clear message to interest rate futures traders on Wednesday: Bets the U.S. central bank is headed toward a negative interest-rate policy are off-base.



5 years ago

Trump extends U.S. telecom supply chain order aimed at Huawei, ZTE

President Donald Trump on Wednesday extended for another year an executive order signed in May 2019 declaring a national emergency and barring U.S. companies from using telecommunications equipment made by firms posing a national security risk.



5 years ago

Wall Street ends down on Powell's sober outlook, call to Congress for help

Wall Street's three major indexes closed lower for the second day in a row after Federal Reserve Chairman Jerome Powell warned on Wednesday of extended economic weakness due to the coronavirus pandemic and called for Congress to agree on additional fiscal support.



5 years ago

Mexico green lights auto industry restart, heeding U.S. calls

Mexico will begin opening some automotive factories from May 18 under a plan unveiled on Wednesday that loosens coronavirus restrictions and paves the way for U.S. car giants to ramp up output dependent on parts made south of the border.



5 years ago

All eyes on Detroit as automakers ready slow, careful reopening of plants

The U.S. factories that make Fords, Chevys and Jeeps are coming back to life this week as workers install new safety equipment and wake up machines ahead of the high-stakes restart the Detroit automakers plan to launch on Monday.



5 years ago