Markets
Gas prices lower this Labor Day in MI than previous year
As Americans take to the roads this holiday weekend, the pandemic not withstanding, low gasoline prices are fueling more driving than ever. While prices have rebounded since April, when the average cost for a gallon of gasoline in Lima fell to $1.12, they're still down about 45 cents from this time a year ago, according to estimates from online price tracker GasBuddy . [Full Article...]
NI diners saved £16m eating 2.8 million meals under Eat Out scheme
Travis Scott Gets A McDonalds Meal Named After Him: See The Order
Travis Scott and McDonald's will likewise be exploring chances to support charitable companies during the month-long program. The rapper tweeted "Cactus Jack for McDonalds". "Then you couple that with his huge followership and his fans, social-media footprint, and ... 3 billion streams. He just has an incredible audience", he added. [Full Article...]
Virgin Atlantic to cut 1,150 further jobs
It said the past six months had been "the most challenging in Virgin Atlantic's history", and that "regrettably the airline must go further one last time with changes at scale, to ensure it emerges from this crisis". Virgin is being hit by uncertainty in the Transatlantic Market, which is its core business, and part of the rescue plan will see it focus business elsewhere such as with its new ro... [Full Article...]
Adds 15,300 jobs in August as pandemic recovery continues
Canada's unemployment rate dropped to 10.2 per cent, a decrease of 0.7 percentage points from July. In total, the London census metropolitan area, which also takes in Strathroy, St. The jobless rate, meanwhile, remained far higher for non-white Canadians, with Arabs at 17.9 per cent and Blacks at 17.6 per cent. As of the week of August 9 to 15, the total number of Canadian workers affected by ... [Full Article...]
Oil falls 3%, heads for weekly drop on demand concerns
There's still a high level of uncertainty over the pandemic, he said. The Organization of the Petroleum Exporting Countries and allies, a grouping known as OPEC+, is now cutting output by 7.7 million barrels per day (bpd) until December to support prices as the coronavirus crisis hammers demand. [Full Article...]
Jeff Bezos' Ex-Wife Mackenzie Scott Now Richest Woman In The World
Scott, who shares four children with Bezos, received 20 million Amazon shares when she divorced him following revelations of his affair. Scott has already given away $1.7 billion and has signed the Giving Pledge , an initiative started by one-time richest men Warren Buffett and Bill Gates which encourages the ultra-wealthy to give away the vast majority of their fortunes during their lifetimes.... [Full Article...]
SoftBank amassing 'huge amounts' of tech stock options - FT
Unusually, single-stock call trading volumes have surged beyond the average daily volumes of calls on the broader United States stock market, and are nearly as high as the level of trading in index puts - which give the buyer the right to sell at a preset price and act as a popular form of insurance against stocks falling. [Full Article...]