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WeWork eyeing public SPAC debut in deal that could be worth $10 billion, report says
SoftBank, the majority owner of WeWork, marked down its valuation of the company to $2.9 billion amid the pandemic. A man walks past.....»»
US Congressional Lawmakers Agree To Long-Awaited $900-Billion COVID-19 Relief Bill (Update)
U.S. lawmakers have agreed to the much-awaited stimulus bill to offset the economic impact of the COVID-19 pandemic. read more.....»»
Sandeep Mathrani"s first TV interview as WeWork"s CEO on future of work amid crisis
WeWork CEO Sandeep Mathrani joins "Squawk Box" for his first TV interview as chief executive to discuss the future of work during the coronavirus pandemic, how offices may evolve as well as founder Adam Neumann's lawsuit against SoftBank......»»
Oil price war ends with historic deal to slash output
The world’s top oil producers pulled off a historic deal to cut global petroleum output by nearly a 10th, putting an end to a devastating price war but not going far enough offset the impact of the coronavirus pandemic......»»
Oil price war ends with historic deal to slash output
The world’s top oil producers pulled off a historic deal to cut global petroleum output by nearly a 10th, putting an end to a devastating price war but not going far enough offset the impact of the coronavirus pandemic......»»
Oil prices shrug off output cut as demand worries weigh
Oil prices fluctuated on Monday as the positive impact of major producers agreeing record global output cuts was offset by concerns they will not be sufficient to reduce a glut as the coronavirus pandemic hammers demand......»»
Oil prices broadly shrug off output cut as demand worries weigh
Oil prices fluctuated on Monday as the positive impact of major producers agreeing record global output cuts was offset by concerns they will not be sufficient to reduce a glut as the coronavirus pandemic hammers demand......»»
Cineworld suspends dividend, defers pay to cushion virus hit; shares soar
Cineworld's shares soared 36% on Tuesday after it suspended its dividend and said it was in talks with landlords, film studios and major suppliers to offset the impact of the closure of all its 787 cinemas due to the coronavirus pandemic......»»
U.S. stocks seesaw as vote awaited on stimulus deal
U.S stocks seesawed on Wednesday, digesting the previous session's huge rebound, with investors torn as optimism about an imminent $2 trillion coronavirus package was offset by concerned about the lasting economic impact from the pandemic. [.N].....»»
IMF Prescribes Policies, Promises $1 Trillion to Bolster Global Economy
The International Monetary Fund is encouraging central banks and governments to take steps soon that could offset the impact of the coronavirus pandemic. The IMF has a $1 trillion fund to assist........»»
AutoZone would hike prices to combat impact of $15 minimum wage
AutoZone says the federal government mandating a $15 per hour minimum wage would result in the company raising prices in order to offset the higher labor costs......»»
Pershing Square: Impact of pandemic "largely transitory" for Howard Hughes
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Report: Kentucky lags nation in job seekers amid economic recovery
A report from the Kentucky Chamber of Commerce offers a glimpse into issues plaguing Kentucky's economy as it recovers from the impact of the Covid-19 pandemic......»»
PCB suppliers to be little affected by mounting pandemic in Taiwan
Taiwan's PCB makers will see only limited impact from the worsening domestic pandemic infections as the majority of their production capacities are based in China, according to industry sources......»»
Policies for All: NAR Discussed Protecting Homeowners From the COVID-19 Impact
Slowly, the world is coming of its pandemic-induced economic slowdown, making headway in recovery efforts. Experts within the real estate industry gathered virtually on Wed., May 12 to discuss a new report on how several facto.....»»
The Pandemic Changed Our Money Habits — Here"s Exactly How
By Lacey Cobb There’s no doubt that the pandemic has had a significant impact on people’s finances. Millions of people lost their jobs, forcing them to cut back on their spending. read more.....»»
Maui, Hawaii Island condo sales double and triple in April
While Maui and Hawaii Island saw condominium sales double and triple, Kauai posted a more moderate increase, when considering the impact of the Covid-19 pandemic a year ago......»»
General Mills VC chief John Haugen on investment strategy, Covid-19"s impact on food
The packaged food industry has seen "five years of change" in the year since the Covid-19 pandemic struck, says the head of the venture capital arm of General Mills. Here's how his company is planning for the post-Covid marketplace......»»
Goodyear Tire stock jumps after profit, sales beat expectation as COVID-19 impact moderated
Shares of Goodyear Tire & Rubber Co. jumped 3.9% in premarket trading Friday, after the tire seller reported first-quarter profit and sales that beat Wall Street estimates, as the COVID-19 pandemic's impact on industry demand "moderated.....»»
How Long the Typical Work Week Is Around the World
The COVID-19 pandemic has had an impact on the length of the workweek in the United States, with many workers forced to move to part time or otherwise change hours as a result of largely remote........»»