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Business

Daily Mirror owner Reach to cut 550 jobs as sales fall

Reach, which also owns the Daily Express, says revenues have dropped 30% during the pandemic. read full story here at ...
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Coronavirus: Japan’s household spending slumps at record rate

Consumers spent 16.2% less in May compared to a year earlier as lockdown measures kept them at home. read full ...
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As Americans Avoided Restaurants And Doctors’ Offices, Those Businesses Got Loans

The small business sectors that received the largest share of federal loans from the coronavirus relief package known as PPP ...
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Workers not eligible for furlough: “It’s been very stressful’

Workers are missing out on furlough because of their employment terms, and many are on minimum wage. read full story ...
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Vouchers of up to £5,000 for home insulation

The chancellor will announce £2bn of grants to fund energy-saving projects for homeowners in England. read full story here at ...
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HSBC glitch led to thousands of small business loans in the wrong name

HSBC customer Cesar Basanta has had to wait weeks to agree a £50,000 bounce back loan for his firm. read ...
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Coronavirus: ‘Confused picture’ as some salons unable to open

Plans to reopen hair salons without the wider beauty industry in Wales are described as “ridiculous”. read full story here ...
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How a high street has been changed by coronavirus

Many of the independent businesses in a Birmingham suburb are not sure when they will open again. read full story ...
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Coronavirus: China’s workers and graduates fear for their future

As Beijing focuses on state-owned companies, workers at smaller firms are being hit hard by the pandemic. read full story ...
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Can Rishi Sunak save your job? Five things he may do

Here are five things to look out for in the Chancellor’s Summer Update on Wednesday. read full story here at ...
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Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery

The deal is a sign of how the coronavirus pandemic has turned Uber’s business model upside down, with customers shunning ...
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Uber Agrees To Acquire Postmates For $2.65 Billion

Uber has agreed to buy Postmates, bolstering its food-delivery business at a time when it is booming and many fewer ...
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Hong Kong: Facebook and WhatsApp ‘pause’ police help

Hong Kong police requests for user information are halted as Facebook assesses human rights issues. read full story here at ...
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‘We Need Help’: People At Higher Coronavirus Risk Fear Losing Federal Unemployment

An extra $600 a week in federal unemployment runs out at the end of July — even for people with ...
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Cass: Famous business school in name-change over slavery

London’s Cass Business School will change its name over its links with a 17th Century proponent of slavery. read full ...
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Business

Daily Crunch: Uber confirms Postmates acquisition

You may have noticed that The Daily Crunch is publishing about six hours later than usual. Do not be alarmed! We decided that sending the ...
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US online grocery sales hit record $7.2 billion in June

Despite the slow reopening of the U.S. economy over the past several weeks, online grocery shopping is continuing to reach ever-higher numbers as Americans seem ...
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Mercedes-Benz 2021 S-Class jumps on the giant touchscreen bandwagon

Mercedes-Benz sent out a teaser image and video Monday of its upcoming 2021 S-Class that hints at a sleeker interior that forgoes the bevy of ...
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