Business News

Seeking high returns, they poured savings into leveraged exchange-traded notes. One adviser called it 'investing on steroids.' The coronavirus downturn made some of the securities nearly worthless.

Greg Hahn, the highly influential creative leader who lost his job in April at BBDO New York as part of its Covid-19 cost-cutting drive, today was announced as CCO and co-founder of a new agency in New York City. The off...

Chick-fil-A Chick-fil-A is rolling out new "safe service" standards as restaurants begin to reopen dining rooms. New features include hand washing stations for workers, plexiglass shields, and ending self-service condime...

Oil prices fell due to concerns about riots in major U.S. cities that could staunch demand after trading higher on optimism that OPEC would extend or enhance production cuts at a meeting in June.

As our energy-environment discussion continues amid the pandemic, one of our biggest concerns must be that temporary fallen demand and lower prices discourage investments in new oil and natural gas supply. We must not al...

Apple CEO Tim Cook condemned the “senseless” police killing of George Floyd in a note to employees announcing that the tech giant would donate money in response to the incident. In the Sunday memo, Cook cast Floyd’...

Oil prices fell nearly 1% on Monday as traders hedged bets with the Organization of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether to extend record production cuts be...

In a recent virtual conversation with film historian Annette Insdorf, Hugh Jackman discussed everything from his childhood experiences with theater and film to his upcoming starring role in the Broadway musical, Music Ma...

The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the ...

Asian share markets started on a cautious note and gold gained on Monday as images of riots in burning U.S. cities unnerved investors already tense over Washington's power struggle with Beijing.

A surprise cancer-drug failure will sting, but not as much as investors expect.

This article discusses how to finance independent films without COVID-19 insurance coverage.

Hollis Johnson The coronavirus pandemic has completely changed how Americans eat, as stay-at-home orders destroy daily routines. Sales of foods like hot dogs, snacks, and frozen waffles have skyrocketed as people are stu...

Coty Inc said on Monday Peter Harf, chairman of both the company and its top investor JAB Holdings, would return as chief executive officer after nearly two decades to help the cosmetics maker revive its business amid th...

Luna Labs is launching Replay, a tool for mobile game studios that lets them create endless versions of video ads from one game video.

Goldman Sachs' Stock has gained 45% over recent weeks (vs. about 34% jump in the S&P 500) to its current level of $210 after falling to a low of $135 in late March as a rapid increase in the number Covid-19 cases outside...

Corning, best known for its gorilla glass, display panel, and optical fiber, has seen its stock fall more than 23% year-to-date, as the coronavirus pandemic is expected to have a meaningful impact on its businesses. Corn...

Photo by Yasin Ozturk/Anadolu Agency via Getty Images Elon Musk said Monday it's "definitely not right" for three other officers involved in the arrest that led to George Floyd's death to avoid charges. "What message doe...

The new law is designed to stop tax fraud. But it makes it nearly impossible for exchanges to operate in Russia. The same may hold for mining operations.

The statistical arguments that underpin proposed responses to COVID aren't that different from the models we used at Starsky to perform our public unmanned test.

As CRE leaders, we have an opportunity and an obligation to flip this to improvise, adapt, overcome and prepare our companies, our people and our clients for reopening, recovery and the new normal.

Lilly began the first study of an experimental drug derived from a blood sample of an early U.S. survivor of Covid-19, a new effort to take advantage of the molecular defenses developed by recovered patients.