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Day: July 19, 2020

Business

Thailand Is Replacing Top Economic Officials During Worst Crisis

(Bloomberg) — Thailand is replacing the top two officials steering the economy through its worst crisis ever, injecting more uncertainty into the policy outlook.

Finance Minister Uttama Savanayana resigned July 16 ahead of a Cabinet reshuffle, with Prime Minister Prayuth Chan-Ocha saying he’ll announce a likely replacement by next month.

 
nikholas
July 19, 2020
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Business

There are two COVID Americas. One hopes for an extension of federal unemployment and stimulus. The other is saving and spending.

It’s been a rough few months for Chelsie Caudle.The mother of two has run into delays applying for unemployment and food stamps in Portland, Oregon,...

nikholas
July 19, 2020
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Business

Sturgeon adviser hits out at “career politicians” and a lack of business nous in SNP Government

Jim McColl, chief executive of Clyde Blowers, said more private sector experience would be helpful - WPA Pool/GettyNicola Sturgeon’s government lacks an understanding of business,...

nikholas
July 19, 2020
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Business

The $600 boost in unemployment benefits expires soon. What comes next?

At the end of the month, the enhanced unemployment benefits helping millions of Americans get through the coronavirus pandemic is set to expire – and...

nikholas
July 19, 2020
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Business

Public, private lending mash-up offers lifeline to virus-hit African firms

By Tom ArnoldLONDON (Reuters) - Blended finance, a mix of public and private capital, is set to boom in Africa to meet funding demand from...

nikholas
July 19, 2020
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Business

‘There will be damage.’ How new coronavirus shutdowns will hammer Sacramento’s economy

Jay Brown, owner of King of Curls on Freeport Boulevard, has survived in the Sacramento business scene for 50 years by being nimble and finding...

nikholas
July 19, 2020
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Business

Finance Reddit Shuts YouTuber’s $100,000 Investing Contest

(Bloomberg) -- A Reddit forum that’s emerged as a hub for younger traders removed a post from popular YouTuber ‘MrBeast’ after he sought investment advice...

nikholas
July 19, 2020
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Business

New York Fed President John Williams speaks with Yahoo Finance [Transcript]

John Williams, president of the Federal Reserve Bank of New York, spoke with Yahoo Finance on July 16 to discuss the U.S. economic outlook and what...

nikholas
July 19, 2020
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Business

785 Michigan restaurants got $150K or more in federal loans. Only 1 listed as Black-owned

Of the 785 Michigan restaurants approved for more than $150,000 each in Paycheck Protection Plan (PPP) loans, only one self-identified as Black-owned, according to a Free...

nikholas
July 19, 2020
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Business

German Finance Minister Knew of Wirecard Issues a Year Before Collapse

(Bloomberg) -- German Finance Minister Olaf Scholz was aware of potential market manipulation at Wirecard AG almost a year and a half before the company...

nikholas
July 19, 2020
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