Economy
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Deutsche Bank to Refrain From Further Business With Trump
2021-01-12 03:18:39 UTC
FRANKFURT (Germany) — Two of Donald Trump’s favored banks are pulling away from the billionaire president in the wake of last week’s deadly riot at the U.S. Capitol, according to Bloomberg.
Deutsche Bank AG has decided to refrain from further business with Trump and his company, said a person...
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U.S. Suspends 25% Tariffs on French Imports
2021-01-07 19:02:26 UTC
WASHINGTON (Reuters) -The United States has indefinitely suspended 25% tariffs on French cosmetics, handbags and other imports it had planned in retaliation for a digital services tax Washington says will harm U.S. tech firms, as it investigates similar taxes elsewhere.
The U.S. Trade Represen...
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Calls Grow for Trump's Removal From Office
2021-01-07 18:30:08 UTC
WASHINGTON (AP) — Senate Democratic leader Chuck Schumer is calling on US President Donald Trump’s Cabinet to remove him from office following Wednesday’s violent assault on the Capitol by the president’s supporters.
In a statement Thursday, Schumer said the attack on the Capitol “was an insur...
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UK Parliament Approves Boris Johnson’s Post-Brexit Trade Deal
2020-12-30 19:25:29 UTC
LONDON/BRUSSELS (Reuters) -British lawmakers approved Prime Minister Boris Johnson’s post-Brexit trade deal with the European Union on Wednesday, as both sides looked to begin a new chapter of relations just days before their divorce becomes a reality.
Britain and the European Union signed the...
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Deal Reached on EU-UK Trade Relationship
2020-12-26 20:54:26 UTC
BRUSSELS (AP) — Just a week before the deadline, Britain and the European Union struck a tentative free-trade deal Thursday that should avert economic chaos on New Year’s and bring a measure of certainty for businesses after years of Brexit turmoil.
The deal, reached after nine tough months o...
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A New Social Media Platform With Incredible Features
2021-01-10 19:02:05 UTC
<p><a href="https://glogat.com/signup" rel="noopener noreferrer" target="_blank"><strong>Glogat is a free social media platform</strong></a> that not only offers a way to stay connected globally, but also provides a number of useful features, such as blogging, video calls, livestreaming and secti...
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U.S. Govt Accuses Facebook of Abusing Its Market Power to Crush Competitors
2020-12-09 23:53:02 UTC
WASHINGTON (AP) — The U.S. government and 48 states and districts sued Facebook Wednesday, accusing it of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spinoff of the social network’s Instagram and WhatsApp messaging se...
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First Shot: UK Starts COVID-19 Vaccination
2020-12-08 07:22:51 UTC
LONDON (AP) — U.K. health authorities began rolling out the first doses of a widely tested and independently reviewed COVID-19 vaccine on Tuesday, starting a global immunization program that is expected to gain momentum as more serums win approval.
The first shot came early in the morning at o...
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Will Five-Year Brexit Divorce End Messily?
2020-12-06 06:45:34 UTC
<p>LONDON/BRUSSELS (Reuters) - British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen instructed their negotiators to resume trade talks on Sunday in a last ditch attempt to bridge significant differences.</p><p>The decision to revive the long-running talks af...
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$500M Aid for Small Businesses
2020-12-06 00:07:12 UTC
SACRAMENTO, Calif. (AP) — California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions, Gov. Gavin Newsom announced Monday.
The tax measures include a three-month automatic extension of the income tax payment d...
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US Lawmakers Close to A Coronavirus Stimulus Deal
2020-12-04 19:51:13 UTC
WASHINGTON (AP) — House Speaker Nancy Pelosi gave an optimistic assessment of the prospects for a mid-sized COVID-19 relief bill and a separate $1.4 trillion governmentwide spending bill on Friday, teeing up expectations for a successful burst of legislative action to reverse months of frustratio...
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Filing an Auto Insurance Claim
2020-12-04 18:58:57 UTC
<p>Even the most cautious and experienced drivers can find themselves shaken up on the side of the road, assessing damage after an accident. So if you ever have to file an auto insurance claim, it’s useful to understand how the process works.</p><p>Before you submit a claim, it’s good...
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Car Insurance with OnStar Vehicle Data
2020-12-02 00:34:36 UTC
<h2>Find the best cheap car insurance</h2>
Nov 18 (Reuters) - General Motors Co on Wednesday launched an auto insurance program with the help of its OnStar subsidiary, joining a growing field of companies hoping to cash in on the vast amounts of data generated by increasingly automated and con...
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Von der Leyen: EU Is Ready For a No-Deal Brexit If Necessary
2020-11-28 00:44:04 UTC
BRUSSELS/LONDON (Reuters) - The European Union and Britain said on Friday there were still substantial differences over a Brexit trade deal as the EU chief negotiator prepared to travel to London in a last-ditch attempt to avoid a tumultuous finale to the five-year Brexit crisis.
With just fiv...
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Europe Is Moving Quickly to Roll COVID-19 Vaccine Out
2020-11-25 16:02:23 UTC
LONDON (AP) — With major COVID-19 vaccines showing high levels of protection, British officials are cautiously — and they stress cautiously — optimistic that life may start returning to normal by early April.
Even before regulators have approved a single vaccine, the U.K. and countries across ...
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Collapse of Stimulus Talks: A Last-Ditch Effort by Democrats Ended in Disappointment
2020-08-07 22:06:25 UTC
WASHINGTON (AP) — A last-ditch effort by Democrats to revive collapsing Capitol Hill talks on vital COVID-19 rescue money ended in disappointment on Friday, making it increasingly likely that Washington gridlock will mean more hardship for millions of people who are losing enhanced jobless benefi...
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Biden Slams Trump/GOP, Demands to Fix Unemployment Benefits
2020-08-12 22:25:37 UTC
WASHINGTON — Democratic presidential candidate Joe Biden on Saturday slammed Trump and Senate Majority Leader Mitch McConnell for letting the Senate go home for the weekend without a deal to extend the unemployment benefits or protect renters facing eviction.
“Because Donald Trump is abdicati...
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WH Signals Willingness to Accept Keeping $600 Benefit For Now
2020-08-06 03:25:39 UTC
WASHINGTON (AP) — The White House and some of its Republican allies in the Senate are signaling they want to extend, at least temporarily, a $600-per-week expanded jobless benefit that has helped keep families and the economy afloat during the COVID-19 pandemic. The move looks to be too little, t...
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GOP Has Left Millions of Out-of-Work Americans in Limbo
2020-08-12 22:27:39 UTC
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Saturday that Republicans were set to roll out the next COVID-19 aid package Monday and assured there was backing from the White House after he and President Donald Trump’s top aide met to salvage the $1 trillion proposal that had floundere...
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GOP Senators Struggle with $600 Weekly Unemployment Boost
2020-07-23 02:04:36 UTC
WASHINGTON (AP) — Senate Republicans and the White House reached tentative agreement late Wednesday for more testing funds in the next COVID-19 relief package, but deep disagreements over the scope of the $1 trillion in federal aid have forced a shift in strategy.
Facing a GOP revolt, Senate M...
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Tesla Quarterly Revenue Fell to $6.04 Billion
2020-07-22 23:42:19 UTC
(Reuters) - Tesla Inc on Wednesday beat analysts’ estimates for second-quarter revenue, helped by better-than-expected vehicle deliveries despite disruptions caused by the coronavirus crisis.
Revenue fell to $6.04 billion from $6.35 billion a year earlier. Analysts had expected revenue of $5.3...
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Civil Rights Icon and U.S. Rep. John Lewis, Dies at 80
2020-07-18 17:02:14 UTC
Civil rights icon and U.S. Rep. John Lewis, who has been receiving hospice care, passed away at the age of 80 at his home in Atlanta on Friday.
Lewis, a Democrat, played a key role in the civil rights movement and marched with the Rev. Martin Luther King Jr. in 1965 in Selma, Alabama. He was ...
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Germany, Australia, Brazil: Google to Pay Media Groups for Content
2020-07-03 03:03:29 UTC
BRUSSELS (Reuters) - Alphabet’s Google on Thursday took a step towards resolving its spat with publishers, saying it would pay some media groups in Australia, Brazil and Germany for high-quality content and expects to do more deals, but others were sceptical.
The U.S. internet giant has for y...
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More Than A Century Old Hertz Filed For Bankruptcy
2020-05-23 16:59:28 UTC
<p>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.</p><p>Hertz’s board earli...
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US Announces COVID-19 Vaccine with Encouraging Results
2020-05-18 18:31:14 UTC
WASHINGTON — An experimental vaccine against the coronavirus showed encouraging results in very early testing, triggering hoped-for immune responses in eight healthy, middle-aged volunteers, its maker announced Monday.
Study volunteers given either a low or medium dose of the vaccine by Cambr...