Markets
WNY tax expert breaks down Trump's Executive Order, Memorandums
But his order called for up to $400 payments each week, compared with the $600 that people had been receiving. Rep. Tom Cole on Monday questioned the constitutionality and wisdom of President Donald Trump's executive orders to provide pandemic relief, while he and Sen. [Full Article...]
China industrial data offsets trade jitters; oil rises
Heavyweight sectors like technology () and healthcare () fell 1% and 0.4%, respectively, limiting gains in the broader market. Hong Kong media mogul Jimmy Lai, one of the city's most vocal Beijing critics, was meanwhile arrested Monday under the security law, deepening a crackdown on democracy supporters. [Full Article...]
Nikola : to make 2500 electric garbage trucks for Republic Services
Eventually, the deal could rise to 5,000 trucks. Nikola is tasked with building and assembling the truck chassis and body. "The refuse market is one of the most stable markets in the industry and provides long-term shareholder value", founder Trevor Milton said in a statement. [Full Article...]
Gold price premium in India halve amid soaring domestic rates
India has reported over 22 lakh coronavirus cases by now with more than 44,400 deaths. Gold prices Monday jumped to Rs 59,300 from Rs 59,290 per 10 gram, while silver climbed to Rs 74,210 from Rs 74,200 per kg, according to Good Returns website. [Full Article...]
Simon Property, Amazon look at turning mall space into fulfillment centers
The deal could involve Amazon taking over spaces formerly occupied by Sears and JCPenney , both of which have filed for bankruptcy and closed dozens of stores . Overall Simon owns 204 properties in the U.S. and has faced a hard couple of years with retail closures. Even before the pandemic, Amazon has already bought the sites of some failed malls and re-purposed them to distribution centers. [Full Article...]
McDonald's sues British former CEO over alleged relationships with employees
The lawsuit filed in DE state court alleges that Easterbrook not only lied when he said this was the only inappropriate relationship he'd had, but also covered up evidence of three sexual relationships with other employees. It is seeking compensatory damages "for all the amounts paid to Mr. Easterbrook under the separation agreement and other costs and expenses incurred by the company by virtue ... [Full Article...]
Nifty Ends Above 11,250 Led By Gains In Pharma Shares
On the other hand, Reliance, Asian Paints, Maruti, Bajaj Finserv and Bajaj Finance were among the laggards. In the previous session, the Sensex had settled just 15.12 points or 0.04 per cent higher at 38,040.57, while the Nifty rose 13.90 points or 0.12 per cent to finish at 11,214.05. [Full Article...]
Turkey navy ops in eastern Med 'extremely worrying'
Turkish Energy and Natural Resources Minister Fatih Donmez said on Twitter that the Oruc Reis had arrived in its area of operation from its anchorage off Turkey's southern coast, saying "83 million back the Oruc Reis ", referring to Turkey's population. [Full Article...]