Top US banks may shun small-business rescue plan on liability worries

The credit bubble has burst amid coronavirus: Investor Head of Restructuring and Distressed M&A at Gordian Group LLC Peter Kaufman argues there is no more easy money for a lot of companies as the coronavirus hits the economy. Top U.S. banks have threatened to give the federal government's small-business rescue program a miss on concerns about taking on too much financial and […]

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Want to navigate market volatility? Read this

When you invest in equities, either directly in stocks or via equity mutual funds, tell yourself this: ‘I am fine with volatility if in the long term there is a good chance of earning higher returns’, suggests Ankur Choudhary. Illustration: Dominic Xavier/Rediff.com The past week has been akin to a rollercoaster ride for the Indian stock markets as the US-Iran […]

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British Airways expected to suspend 36,000 staff amid coronavirus crisis

British Airways is expected to announce it will suspend 36,000 staff, from cabin crew to ground staff, engineers and head office employees, because of the coronavirus pandemic. The airline, which grounded its planes at Gatwick airport earlier this week, has been negotiating with the Unite union for more than a week. The two sides have reached a broad agreement but […]

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Smartphone market may remain flat in 2020

Even as most manufacturers are still assessing the overall impact on their businesses, early projections suggest the market may grow at its lowest ever rate, in 2020. The country’s robust smartphone market is heading for its worst-ever snag, caused by the virus outbreak. Even as most manufacturers are still assessing the overall impact on their businesses, early projections suggest the […]

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Coronavirus consumer complaints surge, says FTC

Stocks plummet amid fears coronavirus will worsen FOX Business’ Lauren Simonetti discusses the stock plunge on Wednesday as well as the initial jobless claims estimates. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below Consumer complaints related to the coronavirus have surged recently, according to the Federal Trade Commission. The […]

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The Coronavirus Worker Revolt Is Just Beginning

When a wave of coronavirus cases hit Colorado, Jessica DeFronzo had little choice but to work through it. Her JoAnn Fabrics and Crafts store in Colorado Springs stayed open to the public, getting so busy with foot traffic that DeFronzo, a cashier manager, compared it to “back-to-back Black Fridays.” Working for just above the minimum wage felt unfair even in […]

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Crude Oil Futures Settle Lower

Crude oil prices drifted lower after early gains on Wednesday, as official data showed crude stockpiles in the U.S. rose for a tenth successive week. Continued worries about outlook for energy demand amid fears of a deep recession due to the impact of the coronavirus outbreak weighed as well on energy prices. Reports that the U.S. President Donald Trump is […]

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Eerie Black Death mass grave with dozens of bodies unearthed after 700 years – all 'buried within weeks'

ANALYSIS of a medieval mass grave has confirmed that the 48 individuals inside died during the Black Death in the UK. The ancient pit was discovered in Thornton Abbey Lincolnshire and dates back to the 14th century. This discovery is being labelled as nationally important because it provides fresh insight into how the deadly pandemic affected rural communities. The Black […]

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