Bloomberg

Cheese prices plunge as lockdowns bite into dining business

Cheese prices are plunging as covid's second wave drives diners from restaurants. The pandemic is forcing U.S. o...

Bloomberg

24.11.20

Iceland wants to restart tourism-for the well-off

A new escape route has emerged for anyone looking to circumvent second-wave lockdowns. Earlier this month, Iceland quietly rolled out changes to its remote-work visa program for citize...

Bloomberg

23.11.20

Boeing's 737 Max now faces its ultimate test-passenger fear

Fatal flaws in the Boeing 737 Max have been addressed and the plane is now safe to fly, U.S. aviation regulators contend. Yet for many airline travelers, a central question remains: Do...

Bloomberg

23.11.20

Hershey is behind the big cocoa trade that upended N.Y. markets

One of America's top chocolate makers is upending the New York cocoa market. Hershey Co. is taking the unusual step of directly sourcing a large amount of cocoa through the ICE Futures...

Bloomberg

23.11.20

Lockdown 2.0 shows Europe's businesses are learning from the pandemic

European small businesses that survived the first coronavirus lockdowns are getting creative to weather the second wave and the long-term fallout from the pandemic. Faced with the pros...

Bloomberg

20.11.20

Poker players are enhancing winnings by cashing out in bitcoin

As bitcoin continues to surge, successful online gamblers are turning into even bigger winners by requesting the cryptocurrency while cashing out from some poker websites. Winning Poke...

Bloomberg

20.11.20

Bank chief picked by Erdogan returns to policy mainstream

Turkey's central bank took a major step back toward mainstream policy making with the tacit endorsement of longtime skeptic President Recep Tayyip Erdogan, raising interest rates by th...

Washington Post

20.11.20

Treasury Secretary Mnuchin cuts off Federal Reserve's emergency aid programs, sparking unusual rebuke from Fed

WASHINGTON - Treasury Secretary Steven Mnuchin on Thursday said he would not extend most of the emergency lending programs run in tandem with the Federal Reserve, a move the central ba...

Washington Post

19.11.20

Apple to pay $113 million to settle state investigation into iPhone 'batterygate'

Apple will pay $113 million to settle an investigation by nearly three dozen states into the tech giant's past practice of slowing customers' old iPhones in an attempt to preserve thei...

Bloomberg

19.11.20

England needs tough Covid rules to save Christmas, adviser warns

People in England should prepare for tough coronavirus restrictions in December and January if the rules are to be relaxed for a short period over Christmas, a public health chief said...

Bloomberg

19.11.20

Merkel under fire as virus strategy sparks anger from all sides

Chancellor Angela Merkel came under pressure as a protest over her strategy to quell the coronavirus turned violent and a close ally issued a public rebuke. Berlin police used water ca...

Bloomberg

18.11.20

Billions in new cruise ships are ready to sail with nowhere to go

Normally when a new ship wraps construction at a shipyard, it's cause for a party, with free-flowing champagne and executives in sharp suits. But when the sparkling 596-passenger ultra...

Bloomberg

18.11.20

America's 'zombie' companies have racked up $1.4 trillion of debt

They were once America's corporate titans. Beloved household names. Case studies in success. But now, they're increasingly looking like something else -- zombies. And their numbers are...

Washington Post

18.11.20

The election was a chance for Facebook and Twitter to show they could control misinformation. Now lawmakers are grilling them on it

WASHINGTON - Twitter and Facebook executives fielded familiar questions from lawmakers on Tuesday about their moderation and labeling practices, but they barely scratched the surface o...

Washington Post

17.11.20

The most important part of Biden's economic speech is what he did not say

As President-elect Joe Biden took the stage Monday for his first big address on the U.S. economy, coronavirus cases were hitting all-time highs, numerous states and cities were issuing...