Showing 1 - 8 of 8
UK govt makes humiliating tax cut U-turn
Kate Holton and Kylie MacLellan of Reuters, Published on 03/10/2022
» LONDON: The government of British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn, reversing plans to cut the highest rate of income tax that helped to spark a rebellion in her party and turmoil in financial markets.
Macy's Is Betting Even Bigger on Smaller Stores
Business, Kate King, Published on 09/05/2022
» Macy's Inc. is accelerating its rollout of smaller department stores, betting that it can attract more shoppers with fewer products and more digital services at stores closer to where customers run their daily errands.
Recession in U.S. Began in February, Official Arbiter Says
Business, Kate Davidson, Published on 10/06/2020
» The U.S. officially entered a recession in February, marking the end of the 128-month expansion that was the longest in records reaching back to 1854.
Treasury Urges Airlines to Apply for Payroll Grants by Friday
Business, Kate Davidson & Alison Sider, Published on 01/04/2020
» The Treasury Department released new details Monday night on how it will award grants and loans for airlines affected by the coronavirus pandemic, and urged companies to submit some applications by Friday to begin receiving funds as soon as possible.
Relief Package Would Limit Coronavirus Damage, Not Restore Economy
Business, Kate DavidsonJosh Mitchell, Published on 28/03/2020
» The $2 trillion emergency relief package approved by the Senate would help stabilize the coronavirus-battered economy--but likely isn't enough to bring it back to health.
Coronavirus Puts Trump's Economic Policy-Making to the Test
Business, Kate Davidson, Andrew Restuccia & Nick Timiraos, Published on 13/03/2020
» As the coronavirus affects almost every aspect of business, a collection of Trump administration officials--at times at odds with one another--are seeking to coordinate government action to soften the anticipated blow to the economy.
Tech Giants Seek Hong Kong Alternative After U.S. Blocks Data Cable
Business, Drew FitzGerald & Kate O'Keeffe, Published on 11/02/2020
» American tech giants such as Alphabet Inc.'s Google are considering alternatives to Hong Kong as a global data hub after U.S. national security officials upended plans for a Trans-Pacific internet link to the territory, according to people familiar with the matter.
NYC Harry Potter Store Might Have to Tame Its Design Dragons
Business, Katie Honan & Kate King, Published on 09/01/2020
» Muggles of Manhattan get ready: Harry Potter is poised to work his magic in the Flatiron District, but he may have to tame his design aspirations.