Blog list masonry Type 2
Tesla wants to start building a new U.S. vehicle plant this summer
Electric vehicle maker Tesla Inc wants to start building a large vehicle assembly plant in the southwestern United States as early as the third quarter of this year, the company told Texas officials in
Wall Street oscillates amid COVID-19 spikes, muted data
Wall Street struggled for direction on Thursday as investors weighed a resurgence in coronavirus infections and the possibility of a new round of shutdowns against data that suggested the U.S. economy might not bounce
Unemployment payments backlog draws hundreds to Kentucky's capital
Hundreds of people who lost jobs during the coronavirus crisis but have been unable to get their unemployment insurance checks converged at the Kentucky Capitol in Frankfort early Wednesday to seek in-person help. Source:
Lufthansa investor Thiele seeks talks with German government: Handelsblatt
Lufthansa’s biggest shareholder, German billionaire Heinz Hermann Thiele, has reached out to Berlin politicians for talks, Handelsblatt said, the latest step in a standoff over the airline’s 9 billion euro ($10.1 billion) bailout. Source:
Colgate reviewing Chinese toothpaste brand Darlie amid debate on racial inequality
Colgate-Palmolive on Thursday said it was working to review and evolve its Chinese toothpaste brand, Darlie, the latest in a string of brand reassessments amid a U.S. debate on racial inequality. Source: Reuters
Americans face new coranavirus challenge: a shortage of coins
Banks across the United States are facing a shortage of coins during coronavirus crisis, prompting the U.S. Federal Reserve to ration distribution and work with the U.S. Mint to boost supply. Source: Reuters
House panel debating $494 billion infrastructure measure
A U.S. House of Representatives panel is debating on Wednesday a Democratic plan to boost infrastructure spending that aims to fix crumbling roads and highways and reduce carbon pollution. Source: Reuters
Lyft promises switch to 100% electric vehicles by 2030
Ride-hailing company Lyft Inc on Wednesday said every vehicle on its ride-hailing and rental car platform will be electric by 2030, but it would not provide direct financial support to drivers for switching from
U.S. Justice Department proposes rolling back protections for big tech
The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections that big tech platforms like Alphabet’s Google and Facebook have had for decades, a senior official said, following through
Main Street's boldest take on Wall Street in bankruptcy stock frenzy
When Bryan Quevedo received his U.S. government stimulus check last month, he invested $1,000 in the stock of bankrupt car rental company Hertz Global Holdings Inc. Source: Reuters
Appeals court sides with exchanges in U.S. SEC fee row
A U.S. appeals court ruled on Tuesday that the Securities and Exchange Commission cannot force stock exchanges to conduct a costly experiment to see how the fees they charge and the incentives they offer
Lufthansa shareholder Thiele raised stake to 15%: FAZ
German investor Heinz Hermann Thiele has raised his stake in Lufthansa , which this month agreed to a state bailout, to more than 15% from 10%, he told newspaper Frankfurter Allgemeine Zeitung in an
U.S senators introduce bill to reform aircraft certification after 737 MAX crashes
A bipartisan group of U.S. senators introduced a bill on Tuesday to reform aircraft certification following two fatal Boeing Co 737 MAX crashes, lawmakers said in a statement. Source: Reuters
Green shoots welcome but recovery still a long road, Fed's Powell says
A full U.S. economic recovery will not occur until the American people are sure that the novel coronavirus epidemic has been brought under control, Federal Reserve Chair Jerome Powell said on Tuesday, as he
Ex-Tommy Hilfiger boss Grieder to become new Hugo Boss CEO
German fashion house Hugo Boss has appointed former Tommy Hilfiger boss Daniel Grieder as its next chief executive, it said on Tuesday. Source: Reuters
NYSE to reopen trading floor to some market makers on Wednesday
The New York Stock Exchange will allow a limited number of market makers to return to its trading floor on Wednesday, a spokesperson said, nearly three months after closing it due to the coronavirus
IAG's Walsh rejects lawmakers' criticism over British Airways plan
British Airways is fighting for its survival and has acted lawfully, Willie Walsh, the chief executive of the airline’s owner IAG said on Monday, in a terse response to lawmakers who heavily criticised its
Tesla negotiating incentives for possible Texas vehicle assembly plant: report
Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on Monday.
United Airlines pledges loyalty program for $5 billion loan
United Airlines said on Monday it is pledging its MileagePlus frequent flyer program for a new $5 billion loan aimed at further buffering its liquidity, even as its cash burn rate slows thanks to
Wall Street jumps on Fed's corporate bond purchase announcement
Wall Street jumped on Monday following an announcement by the U.S. Federal Reserve regarding its corporate bond purchasing program that boosted investor confidence, which had been wavering amid a spike in new COVID-19 cases.