Business
CDC Directs Halt To Renter Evictions To Prevent Virus Spread
The Trump administration has issued a directive halting the eviction of certain renters though the end of 2020 to prevent the spread of the novel coronavirus.
Apple, Google Build Virus-tracing Tech Directly Into Phones
Apple and Google are trying to get more U.S. states to adopt their phone-based approach for tracing and curbing the spread of the coronavirus by building more of the necessary technology directly into phone software.
Global Markets: Manufacturing Data Lifts Stocks; U.S. Dollar Remains Weak
A gauge of global stocks kicked off September on a higher note on Tuesday, as data in major economies showed manufacturing demand rebounding from coronavirusinduced lows, while the U.S. dollar remained weak.
USTR Extends Some China Tariff Exclusions, But Only Through End-2020
The U.S. Trade Representative's office said on Tuesday it has extended China tariff exclusions for a wide range of goods, including smart watches and certain medical masks, through the end of 2020, rather than renewing the previous oneyear extension.
Uber To Require That Passengers Provide Face-mask Selfies
Mask slackers will now have to provide photographic proof they're wearing a face covering before boarding an Uber.
GM, Ford Complete US Contracts To Build Breathing Machines
General Motors says it has finished making 30,000 medical breathing machines for the U.S. government to help treat coronavirus patients.
German Lawmakers Launch Probe Into Wirecard Collapse
German lawmakers launched a parliamentary enquiry into the collapse of payments firm Wirecard on Tuesday, a probe that will force the government to reveal more about a failure to avert the country's biggest postwar corporate fraud.
Coffee, Ketchup And Nike Air Max: It's The COVID Consumer Economy
Instant coffee, ketchup, Lululemon yoga pants and Nike Air Max sneakers are all in. Bottled water, pricey diapers and Burberry luxury trench coats are out.
Asian Shares Mixed Following Wall St Retreat
Major Asian share indexes meandered between modest gains and losses Tuesday after a retreat on Wall Street.
Mexico Delays Decision For Section Of 'Mayan Train' Project Eyed By BlackRock
Mexico on Monday said it had "deferred" issuing a decision over a tender for a section of the "Mayan Train" rail project, a major government infrastructure initiative in which a consortium that includes BlackRock was the sole bidder.
South Korea Unveils Aggressive Spending Plans For Growth, Virus Depletes Ammunition
South Korea's leftleaning government unveiled plans on Tuesday to increase spending aggressively for the next few years, to safeguard jobs and boost welfare for an economy hit by the coronavirus, taking public finances further into the red.
Facebook Threatens To Block News Distribution In Australia
Facebook threatened to block Australian publishers and individuals from sharing news stories on its platform in reaction to an Australian measure that could require it to compensate media organizations for its use of their stories.
Canada To Buy Millions Of Doses Of Novavax And Johnson & Johnson's Potential Coronavirus Vaccines
Canada reached an agreement in principle on Monday with both Novavax Inc and Johnson & Johnson for millions of doses of their experimental coronavirus vaccines, Prime Minister Justin Trudeau said.
Wall Street Mixed As S&P 500 On Track For Best August In 36 Years
The S&P 500 hovered near record highs on Monday as bets on a rebound in economic activity due to prolonged central bank support put the index on course for its best August in more than three decades.
Chinese Govt Complicates TikTok Sale Ordered By US Govt
The Chinese government is complicating the U.S.governmentordered sale of U.S. TikTok assets.
Expert Views: India's Economy Shrinks Record 23.9% In First Quarter
India's economy contracted at its steepest pace of 23.9% in the June quarter as the pandemic lockdown dented consumer and business spending, putting pressure on the government and central bank for further stimulus and a rate cut.