Bloomin’ Brands, Jana Partners agree to nominate two new directors
Bloomin’ Brands Inc and Jana Partners said on Thursday they have agreed to add two new independent directors to the Outback Steakhouse owner’s board, months...
U.S. weekly jobless claims top 6 million for second straight week
The number of Americans seeking unemployment benefits in the last three weeks has topped 15 million, as weekly new claims topped 6 million for the...
IMF chief says pandemic will unleash worst recession since Great Depression
The pandemic sweeping the world will turn global economic growth “sharply negative” in 2020, triggering the worst fallout since the 1930s Great Depression, with only...
Futures dip ahead of weekly jobless claims, OPEC+ meeting
U.S. stock index futures edged lower on Thursday as investors braced for another staggering weekly jobless claims number, while oil prices rose on hopes of...
Index Ventures raises $2 billion for growth investments
Venture capital firm Index Ventures said on Thursday it had raised $2 billion for growth investments, backing entrepreneurs it reckons will lead the way out...
Costco set to open new store in China’s Suzhou city
U.S. retail giant Costco will open a new store in China’s eastern city of Suzhou, near Shanghai, state media reported on Thursday....
Exclusive: Airbnb restricts bookings on its platform in Britain
Home rental firm Airbnb blocked British bookings on its platform for the vast majority of customers on Thursday, allowing only key workers to stay in...
Dollar steadies ahead of U.S. jobs data
The dollar held firm on Thursday, but selling pressure may be in store later with U.S. jobless data due at 1230 GMT expected to show...
U.S. bank results to focus on looming loan losses during coronavirus
How much money will U.S. banks lose on loans because of the coronavirus recession?...
Prague aims to get a grip on Airbnb with coronavirus crisis laws
Officials in Prague are using the coronavirus crisis to get a firmer grip on short-term rentals like Airbnb, which they say have squeezed locals out...