WASHINGTON (Reuters) – The Federal Communications Commission said Friday that major internet providers – including Comcast Corp, AT&T Inc and Verizon Communications Inc – agreed not to terminate service for subscribers for the next 60
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Clamor grows for Trump to cut China tariffs in coronavirus response
WASHINGTON (Reuters) – As President Donald Trump scrambles for new ways to cushion the economic blow from the fast spreading coronavirus, industry groups, lawmakers and even some government officials are reviving a previous request: cut
Read moreMoney Hacks Podcast: Basics of loyalty programmes
TAP/CLICK TO LISTEN: Money Hacks Ep 65: Basics of loyalty programmes 9:06 mins Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down actionable financial tips. In this week’s episode, we talk about loyalty
Read moreBuffett-backed Chinese EV maker BYD says making 5 million masks daily to fight virus
BEIJING/SHANGHAI (Reuters) – Chinese electric vehicle maker BYD (002594.SZ) said on Friday it is making 5 million masks a day to fight the coronavirus pandemic that has killed nearly 3,200 people in China. The Shenzhen-based
Read moreWorld stocks set for worst week since 2008 financial crisis
LONDON (Reuters) – World stocks were set on Friday for their worst week since the 2008 financial crisis, with coronavirus panic-selling hitting nearly every asset class and investors fretting that central bank action may not
Read moreWashington state repeals pro-Boeing tax break; U.S. hopes to avoid EU tariffs
WASHINGTON/SEATTLE (Reuters) – Washington state on Thursday moved to formally repeal an aerospace tax break that benefited U.S. planemaker Boeing (BA.N) and avert looming European Union tariffs on U.S. goods. Boeing said the move would
Read moreAirbnb bookings take hit amid global coronavirus outbreak
(Reuters) – U.S. home rental company Airbnb Inc’s bookings in major cities across the world have taken a blow due to coronavirus-fueled uncertainty in the travel industry, data from Airbnb-analytics firm AirDNA shows. Daily reservations
Read moreOil falls 7% after Trump surprises with travel curbs
NEW YORK (Reuters) – Brent crude slid 7% on Thursday after President Donald Trump restricted travel to the United States from Europe as part of measures to try to halt the spread of coronavirus after
Read moreDow heads for worst day since 1987 on Europe travel shock
(Reuters) – The Dow Jones Industrials index was on course for its worst day since 1987 as President Donald Trump’s sweeping move to restrict travel from Europe added to growing signs of corporate distress in
Read moreGameStop investors seek board seat after expiry of standstill pact
(Reuters) – A group of investors in GameStop Corp (GME.N) on Thursday asked the video game retailer to appoint a shareholder nominee on its board, after a year-long standstill agreement with the company to not
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