FILE PHOTO: People walk past boarded up stores as demonstrations against the death in Minneapolis police custody of George Floyd continue, in Minneapolis, Minnesota, U.S., May 30, 2020. REUTERS/Lucas Jackson NEW YORK (Reuters) – Retail giant Target Corp said on Sunday it shuttered stores across the United States as retailers Continue Reading
Column: What COVID-19 is teaching us about how to reform Medicare
CHICAGO (Reuters) – The COVID-19 pandemic has put a bright spotlight on weaknesses in many of the systems designed to protect Americans from risks. But with older people more susceptible to serious illness and death from the virus, the problems in our Medicare system that were evident pre-pandemic have come Continue Reading
Wall Street rises with economic hopes; bank stocks jump
(Reuters) – U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery. Bank stocks powered the day’s advance, with the S&P 500 financial index .SPSY leading gains among major Continue Reading
Retirement services provider Human Interest extends funding round to $50 million
(Reuters) – Human Interest, which helps small and medium-sized businesses set up 401K plans for employees, said on Wednesday it had extended its Series C funding round to $50 million due to more demand during the coronavirus crisis. The San Francisco-based startup said the additional funding of $10 million was Continue Reading
Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic
NEW YORK (Reuters) – The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks with creditors failed to result in much needed relief. FILE PHOTO: A logo of the American Continue Reading
Northern Trust shutting fund; an outlier or sign of future risk?
FILE PHOTO: An employee walks past a company logo at Northern Trust offices in London, Britain August 1, 2019. REUTERS/Toby Melville BOSTON (Reuters) – Northern Trust Corp’s decision to liquidate a $1.8-billion prime money market fund was seen as an outlier event by industry analysts on Wednesday, but one that Continue Reading
Top 6 Things Your Future Self Wants You To Start Doing… TODAY!
Life comes at you so fast sometimes it’s hard to contemplate the future. This recent pandemic we are all trying to emerge stronger from is a striking example of the premise. Now, more than ever, “If you don’t plan to succeed, you plan to fail.” You can’t afford to just Continue Reading
Top 10 Ways to Invest Your Genomics and Diagnostics Recruiting Budget
We will soon be emerging from lockdown, and while there may be a few more available candidates for your open roles, there is no getting around the fact you must effectively manage your money to recruit the highest-quality job applicants. Your organization can save considerable cash on recruitment costs by Continue Reading
Exclusive: Exxon revives sale of stake in giant Azeri oilfield
LONDON (Reuters) – Exxon Mobil (XOM.N) has relaunched the sale of its stake in Azerbaijan’s largest oilfield, the company said on Tuesday, as banking and industry sources said the move was drawing interest from large Asian oil and gas companies seeking to capitalize on the recent collapse in oil prices. Continue Reading
Your small business and COVID-19 questions, answered
NEW YORK (Reuters) – Small businesses are among the hardest hit as the coronavirus pandemic continues to cause economic uncertainty in communities across the United States. FILE PHOTO: A deli is seen closed, due to the outbreak of the coronavirus disease (COVID-19) in the Brooklyn borough of New York City, Continue Reading