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Business News

Location American Business News for 8 July 2021

States Target Google Play Store in Antitrust Suit

Wall Street Journal - 8 Jul 2021 03:55
States Target Google Play Store in Antitrust Suit The complaint from 36 states and the District of Columbia alleges that the company monopolized the distribution of apps on mobile devices running the Android operating system.
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Uber and Lyft could be avoiding $135 million in Canadian taxes every year by relying on contract workers, report says The report from Canadians for Tax Fairness follows another report accusing Uber of using shell companies to dodge taxes on $6 billion in profit.
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Despite the worst-ever worker shortages, college grads struggle to find jobs as competition for work intensifies Graduates in the class of 2021 are competing with 2020 grads, who delayed job searches during COVID-19, and unemployed Americans.      
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Stocks in Europe slumped in early action Thursday while bonds continued to rally, as investors assessed central bank developments and anticipated how the economy will behave next year without as much stimulus.
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New study estimates America's rapid COVID-19 vaccine rollout saved nearly 300,000 lives The study notes that millions of Americans remain unvaccinated - a cause for worry as the highly infectious Delta variant takes hold in several states.
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'He has asked me to share expenses 50/50 even though he makes more money than me.'
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Jobless claims unexpectedly bounce higher to 373,000 as recovery turns choppy Continuing claims, which track Americans receiving unemployment benefits, fell to 3.34 million for the week that ended June 26.
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Border Stores In Canada Fight For A Slice Of $400 Million Tourism Fund Many independent border duty-free retailers have fallen through the cracks of Canada's various Covid-19 financial relief packages and now seek federal support to prevent closures.
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Michigan boutique accidentally tells job applicant she's 'not that cute;' TikTok video goes viral A vice president at a Michigan boutique landed in hot water after critiquing a job candidate's appearance, to the applicant.      
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The economy needs millions of workers. So why can't college grads find jobs? Graduates in the class of 2021 are competing with 2020 grads, who delayed job searches during COVID-19, and unemployed Americans.      
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Google Cloud is rolling out ActivStat for the Call of Duty League. The stats will help esports fans understand fast-moving matches.
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Gold futures on Thursday head for a sixth straight gain, supported by a tumble in global stocks and a retreat in yields for government debt that has taken them to February lows.
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New applications for unemployment benefits rose slightly last week, but the number of people losing their jobs remains near a pandemic low as companies scramble to add new workers and hold onto to existing ones.
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3.3M workers remain on jobless benefits as weekly claims tick up to 373K More than 3.3 million Americans are still on traditional state unemployment benefits as the number of people seeking new claims ticked slightly up last week, the feds said Thursday.
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After A 10% Rise In A Month Zoetis Stock May Continue To See Higher Levels The stock price of Zoetis, an animal health company, has seen a 10% rise over the last twenty-one trading days, while it is up 40% over the last year. ZTS stock has benefited from an increased animal adoption in the U.S....
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Arizona's top elections official is calling for a probe of Trump and his allies over 'intense efforts to interfere' with ballot counting "We need you to stop the counting," the Arizona GOP chair said to an election official during the ballot counting, The Arizona Republic reported.
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Some banks are shifting away from financing development of the vulnerable Amazon rainforest but most in the financial sector are still playing some role, their critics say, in fueling corruption, human rights violations ...
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This fast-growing part of India's IT sector will require 5 lakh professionals India's software-as-a-service industry is growing twice the pace of the overall IT market
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Trump invokes one of Winston Churchill's WWII speeches in his lawsuits against Facebook, Twitter, and other tech companies "We'll fight in the courts, we'll fight in the legislatures, and we'll fight at the ballot boxes," read part of Trump's rallying cry.
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Stock market, gold, fixed income - How you should invest this year according to Axis Securities Axis Securities laid out key points in a recent note which it believes will help investors to sail smoothly through the volatility
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Robinhood IPO faces threat of retail snub on Reddit

New York Post - 8 Jul 2021 02:33
Robinhood IPO faces threat of retail snub on Reddit Online brokerage Robinhood, which helped enable the “meme stock” frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on social media forums against its initial ...
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Billionaires attempt to tackle social justice issues at Sun Valley Tech and media moguls at the Allen & Co. Sun Valley conference started their first full day of sessions Wednesday with a potentially touchy panel about politics in the workplace. After a casual outdoor breakfast, Stripe'...
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