Home / Business (page 5)

Business

3 things that NIO stock bulls must happen soon

Few parts of the stock market have been more interesting recently than in the electric vehicle (EV) sector, as established automakers and new startups fight to exploit the growing demand for sustainable transport. NIO (NYSE: NIO) he is an emerging player in the sector, as the Chinese company aims to sell its vehicles in the largest consumer market on earth. …

Read More »

European equities fall when investors lose an increase in job losses

European stocks fell on Friday as rising job losses across the continent further increased the prospect of a slow recovery from the coronavirus crisis. British retailers John Lewis and Boots announced thousands of job cuts Thursday, adding to a long list of airlines and industry titans that have lost employees in the past few weeks. Germany’s DAX (^ GDAXI) decreased …

Read More »

Chinese stocks win a winning streak as global markets slide

China’s unbroken streak of stock market gains ended on Friday, as stock futures indicated a smaller opening in the U.S. as nervousness increased over the recovery from the Covid-19 blocs. The Shanghai Composite Index closed down almost 2%. US stock futures linked to the S&P 500 declined 0.6%. European equities were trading slightly higher, with the Stoxx Europe 600 index …

Read More »

Riders joined to consider early retirement and early retirement offers

The main titles of Fox Business Flash are here. Find out what’s clicking on FoxBusiness.com. The United Airlines Pilot Union has reached a couple of experimental agreements regarding voluntary theft and early separation options. This occurs after the courier announced Wednesday that it could transfer 36,000, or 45 percent, of its front-line employees based in the United States by 1 …

Read More »

Amazon will start hiring next week for the opening of the Tulsa logistics center in early August Work and money

On Thursday, a company spokesman announced that online applications were posted Thursday for 1,500 full-time jobs in the new Amazon logistics center scheduled for early August. In-person interviews will begin Monday at 9 am at the Tulsa Technology Conference Center, 10800 N. 140th East Avenue in Owasso. Employees at the 600,000-square-foot logistics center, 4040 N. 125 East Avenue, will work …

Read More »

Tesla provides tax breaks for Cybertruck Gigafactory in Austin

Tesla has obtained an important approval for a tax deduction from a local school district in order to build its next Gigafactory in Austin, Texas. In May, Electrek reported exclusively that the next Tesla factory will be in Austin. He plans to move fast with the hope of having a general assembly line for Model Y in Texas later this …

Read More »

Asian markets fall after Wall Street retires due to economic concerns

Asian stock markets followed Wall Street down Friday on concerns that economic recoveries could fade with increasing coronavirus cases in the U.S. and other countries. Japanese Nikkei 225 NIK, -1.05% slipped 0.2%, while the Hong Kong Hang Seng index HSI, -2.12% slipped 1.1%. The Shanghai composite SHCOMP, -1.79% it fell 1% while the Shenzhen low-capitalization composite 399 106, -0.18% increased …

Read More »

Flooding of jobless claims continued in Georgia last week

Editor’s Note: This article has been updated with more details. The Georgia Department of Labor said Thursday that it had processed 105,160 new unemployment claims last week, a sign that the persistence of the coronavirus could undermine the rebound of the economy. Last week’s deposits were 12,000 fewer than in the previous week, but a series of historically high claims …

Read More »

Texas takes steps back in raising excessively paid unemployment benefits

The state of Texas on Wednesday said it will not ask people who have received excess payments from the Texas Workforce Commission (TWC) because of the agency’s mistake to repay them, reversing the commission’s previous position. The agency said on Monday that it would seek reimbursements from 46,000 people who had initially been overpaid for unemployment benefits, even if the …

Read More »