Endeavor looking to raise $250 million amid coronavirus

Hollywood powerhouse Endeavor is looking to raise $250 million by June in a bid to offset the crushing blow dealt to its show-business properties by the coronavirus pandemic, The Post has learned. As reported by The Post, the conglomerate headed by super agent Ari Emanuel — which owns half of Ultimate Fighting Championship in addition to controlling the William Morris […]

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Small business rescue program resumes: What you need to know

Secretary Mnuchin on expectations for restarting US economy, new relief for small businesses Treasury Secretary Steven Mnuchin, member of the president’s coronavirus task force, joins Chris Wallace on ‘Fox News Sunday.’ Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below The race is on once again for small business owners […]

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Vossloh Q1 Preliminary EBIT Surges; Affirms FY20 Outlook – Quick Facts

German rail technology company Vossloh Group (VOSSF.PK) on Monday announced preliminary results for the first quarter of 2020. The company’s earnings before interest and taxes or EBIT improved significantly to 16.5 million euros, from negative EBIT of 0.6 million euros in the same period last year. Vossloh noted that the unusually high EBIT reflects not only operating improvements, but also […]

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Smithfield pushes back after claims it blamed immigrant workers for coronavirus cluster

Smithfield Foods CEO: US processing plants must operate even amid coronavirus Smithfield CEO Ken Sullivan discusses how the coronavirus is impacting the U.S. pork supply industry. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Smithfield Foods is pushing back after media reports that it blamed immigrant workers for a […]

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Coronavirus travel shutdown: what are your rights?

My flight to Europe is cancelled. All I’m being offered is an alternative flight or vouchers. Is this legal? No. But that hasn’t stopped a number of airlines doing exactly that. All flights on EU carriers within, or into the EU, and all flights leaving from an EU airport, are protected by the EU’s “denied boarding” rules, which require a […]

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UK Retail Sales Log Record Monthly Fall Amid COVID-19 Pandemic

UK retail sales declined at the fastest pace since the series began as many stores ceased trading from late March following the official government guidance for lockdown during the coronavirus, or COVID-19, pandemic. Retail sales volume, including automotive fuel, declined 5.1 percent month-on-month in March, following a 0.3 percent drop in February, data from the Office for National Statistics showed […]

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U.S. New Home Sales Show Substantial Decrease In March

A report released by the Commerce Department on Thursday showed a substantial decrease in new home sales in the U.S. in the month of March. The Commerce Department said new home sales plunged by 15.4 percent to an annual rate of 627,000 in March after tumbling by 4.6 percent to a revised rate of 741,000 in February. Economists had expected […]

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