Trump gives U.S. agencies power to fast-track big infrastructure projects
U.S. President Donald Trump on Thursday signed an executive order that gives federal agencies emergency powers to fast-track major energy and other infrastructure projects by overriding environmental permitting requirements.
U.S. court blocks sales of Bayer weed killer in United States
A U.S. appeals court has blocked Bayer AG from selling an agricultural weed killer in the United States, the latest setback for a business already fighting an expensive legal battle over another product.
Asia’s stock rally set to pause for breath ahead of U.S. jobs data
Asian stocks were set to hold tight ranges on Friday after a mixed Wall Street session and as investors awaited key U.S. jobs data while sustained hopes about a global economic recovery kept pressure on the safe-haven dollar.
Global airlines add flights; U.S. carriers target the great outdoors
Airlines from America to Australia are ramping up flights in June and July, boosting hopes for a pickup in tourist traffic even as bigger-spending business and global travel remains sluggish during the ongoing pandemic.
Gap records nearly $1 billion in losses on coronavirus-led store closures
Gap Inc on Thursday reported a quarterly loss of nearly $1 billion as the apparel retailer was forced to close its stores due to the coronavirus outbreak, sending its shares down about 8% after market hours.
Slack revenue growth fails to impress, shares tank
Slack Technologies Inc on Thursday posted slowing quarterly sales growth, disappointing investors who had expected a surge in demand for its workplace messaging app as companies rapidly adopt remote working tools and technology.
Uber Eats features black-owned restaurants on U.S., Canadian delivery platform
Uber Technologies Inc on Thursday launched a feature on its food delivery app Uber Eats that lets customers in the United States and Canada order from restaurants owned by black people and pay no delivery fees for those orders through 2020.
KKR, Ambersand Capital in joint bid for Oxford Immunotec: sources
A consortium of private equity firms KKR & Co Inc and Ampersand Capital Partners has approached Oxford Immunotec Global Plc , a medical diagnostics company that develops tests to identify tuberculosis, with a $400 million acquisition offer, people familiar with the matter said on Thursday.
Luxury carmaker Bentley to cut about 1,000 jobs in UK amid virus outbreak: BBC
Luxury carmaker Bentley is cutting about 1,000 jobs in the United Kingdom amid the ongoing coronavirus outbreak, the BBC reported late on Thursday.
Pompeo calls Nasdaq’s strict rules a model to guard against fraudulent Chinese companies
U.S. Secretary of State Mike Pompeo on Thursday warned American investors against fraudulent accounting practices at China-based companies and said the Nasdaq’s recent decision to tighten listing rules for such players should be “a model” for all other…
