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France's new cabinet tasked with driving coronavirus recovery as Macron's rivals see reshuffle as window dressing
France is creating three beefed-up ministries to spearhead its recovery from coronavirus turmoil. The move comes as Emmanuel Macron attempts to recast his presidency less than...
20 minutes ago - RT
Seattle passes payroll tax targeting Amazon and other big businesses
The JumpStart Tax is a blow to Amazon, which fought the passage of a so-called "head tax" in 2018 via a well-financed referendum campaign alongside other Seattle businesses.
50 minutes ago - CNBC
Billionaire-backed private members' club Soho House received almost $22 million in coronavirus PPP loans
A billionaire-backed exclusive members' club, Soho House, received almost $22 million through the US government's coronavirus loan scheme for small businesses, new data...
1 hour ago - Business Insider
Why Uber needed to buy Postmates
Investors cheered Uber's $2.65 billion acquisition of Postmates Monday, bidding up the buyer's shares by 6%. That rise was an endorsement of the deal, perhaps, but also a...
2 hours ago - Fortune - 2 articles
The Finance 202: PPP data dump to fuel debate as lawmakers craft next coronavirus stimulus
Businesses tied to the political elite got the small business loans.
2 hours ago - The Washington Post
Shvo to buy Transamerica Building at 10% discount after Covid delay
Michael Shvo is getting a 10-percent discount on the $700 million acquisition of San Francisco's Transamerica Building - thanks to coronavirus. The developer and his partners...
3 hours ago - The Real Deal New York
Palantir confidentially files to go public
Palantir, which has raised billions of dollars in venture financing, is finally ready to go public.
12 hours ago - CNBC
McClatchy, a Family Newspaper Business, Heads Toward Hedge-Fund Ownership
In keeping with a nationwide industry trend, a finance firm seems poised to take control of the publisher of The Miami Herald and The Sacramento Bee.
15 hours ago - NY Times
Gross Domestic Product by Industry, 1st Quarter 2020
Accommodation and food services; finance and insurance; and health care and social assistance industries were the leading contributors to the 5.0 percent decrease in gross...
17 hours ago - U.S. Bureau of Economic Analysis
Bank of America is shaking up its financials dealmaking group and just poached a senior Credit Suisse banker as it preps for a wave of bank M&A
Bank of America has been upgrading its investment banking team that covers financial institutions over the past year. The firm recently poached Jerry Wiant, a top dealmaker...
20 hours ago - Business Insider
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The headlines of News BreaK
Novavax skyrockets after US government grants $1.6 billion for coronavirus...
Novavax shares spiked as much as 38% early Tuesday after receiving $1.6 billion in coronavirus vaccine funding from the US government. The award is the largest yet from...
What Beer Sales Tell Us About The Recession
Cheap beer sales are surging, but cheap beers are still losing ground to craft beer. Yet craft breweries are still suffering. What is going on? (Image credit: TIMOTHY A...
If you're reading this, Beijing says its new Hong Kong security law applies...
The full text of Hong Kong's controversial new national security law came out late at night on June 30, the day it was enacted. Lawyers and legal scholars were quick to dissect...
Israeli public health director quits, saying govt reopened economy ‘too rapidly'
Israel's public health director quit on Tuesday amid a spike in new coronavirus cases, saying that the government had reopened the economy too rapidly and had lost its way in...
Melania's former friend - who once said she was 'thrown under the bus' by...
Stephanie Winston Wolkoff, a former friend and adviser to first lady Melania Trump, is planning to publish a book about their relationship, Vanity Fair and The Daily Beast...
$2.65B deal to buy Postmates expands Uber's footprint in food-delivery market
Amazon, Apple, Facebook, and Google CEOs to testify before antitrust panel...
The CEOs of Amazon, Apple, Google and Facebook will appear before a U.S. House of Representatives panel on July 27, the committee said on Monday.
US charges ex-Panama president's sons with bribery, money laundering
PANAMA CITY - US prosecutors have charged two sons of former Panamanian President Ricardo Martinelli in connection with bribery and money laundering linked to Brazilian...
$2.65B deal to buy Postmates expands Uber's footprint in food-delivery market
Georgia's governor is deploying as many as 1,000 National Guard troops after...
The governor of Georgia has declared a state of emergency and authorized the deployment of up to 1,000 National Guard members to Atlanta in an executive order Monday. The move...