Amazon.com asks for federal law against price gouging during national emergencies
Online retailer Amazon.com, criticized for not acting quickly enough to curb sellers who charged hundreds of dollars for high-demand hand sanitizer during the early phase...
Florida business lender accused of accounting fraud settles with SEC
Miami-area direct lending firm TCA Fund Management Group Corp and its affiliates reached a settlement with U.S. securities regulators over allegations of fraudulent revenue recognition...
Fed Chair Powell warns of prolonged U.S. recession after coronavirus
Jerome Powell, chairman of the Federal Reserve board of governors, warned Wednesday that the long-term health of the U.S. economy may depend on more fiscal...
In nod to grim U.S. outlook, Fed’s Powell calls for more fiscal support
The head of the Federal Reserve warned on Wednesday of an “extended period” of weak economic growth, vowed to use the U.S. central bank’s power...
Airbus examining restructuring including job cuts: sources
Airbus is drawing up plans for a restructuring involving the possibility of “deep” job cuts as it braces for a prolonged coronavirus crisis after furloughing...
Amazon extends temporary raise in pay through May 30
Amazon.com Inc said on Wednesday it would extend the temporary increase in its hourly pay and double the overtime pay through May 30, bringing its...
Deutsche Bank criticised in internal N.Y. Fed audit: German newspaper
Deutsche Bank’s regulators in the United States have criticised the German lender in an internal audit for weaknesses in fighting money laundering and in risk...
Airbus examining restructuring including redundancies: sources
Airbus is drawing up plans for restructuring involving “deep” job cuts, but has not taken a final decision, industry sources said....
Wall Street falls on Powell’s grim outlook
Wall Street’s main indexes fell on Wednesday after Federal Reserve Chairman Jerome Powell warned of an extended period of weak growth and stagnant incomes due...
Climate activists up stakes at Exxon, backing calls for independent board chairman
Shareholder activists prodding Exxon Mobil Corp on climate-change proposals are backing calls for an independent board chairman as the oil major steps up efforts to...