Uber and Lyft drivers sue New York
Drivers from Uber and Lyft are suing New York state for refusing or delaying unemployment payments. Sonia Moghe reported the news for CNN: A federal lawsuit alleges that New York State has refused to pay or has delayed the payment of unemployment benefits to drivers for for-hire-vehicle apps like Uber and Lyft for two months. […]
Talking Biz News Today — May 27, 2020
Some of Wednesday’s top business news stories: Associated Press Congress shifts attention to overhauling small-business aid, by Andrew Taylor, Lisa Mascaro Citgo sues Miami firm over millions lost in Venezuela fraud, by Joshua Goodman CNN Apple will reopen 100 stores in the US this week, by Rishi Iyengar Uber and Lyft drivers are suing New […]
VW loses Dieselgate case at German court
Germany’s top court ruled against Volkswagen in the so-called Dieselgate case, ordering the company to compensate car owners. Ilona Wissenbach reported the news for Reuters: Volkswagen (VOWG_p.DE) must pay compensation to owners of vehicles with rigged diesel engines in Germany, a court ruled on Monday, dealing a fresh blow to the automaker almost five years […]
Talking Biz News Today — May 26, 2020
Some of Tuesday’s top business news stories: Associated Press China demands US withdraw sanctions on tech suppliers, by Joe McDonald Congress weighs choice: ‘Go big’ on virus aid or hit ‘pause’, by Lisa Mascaro CNN Airbnb hosts are planning to sell off their properties because of the pandemic, by Kay Yurieff Latin America’s largest airline, […]
Talking Biz News Today — May 25, 2020
Some of Monday’s top business news stories: Associated Press Forced to adapt, businesses rethink how they make money, by Joyce M. Rosenberg Memorial Day weekend draws crowds and triggers warnings, by Curt Anderson, Brian Mahoney CNN The rental car industry has ground to a near halt. This is what that means for automakers and car […]
Facebook makes remote work permanent
Facebook is making remote work a permanent fixture, expecting half of its employees to work remotely in 10 years. Emily Bary from MarketWatch reported: Facebook Inc. FB, +0.61% Chief Executive Mark Zuckerberg expects that as much as half of Facebook’s workforce will work from home within 10 years, according to The Wall Street Journal, which […]
Talking Biz News Today — May 22, 2020
Some of Friday’s top business news stories: Associated Press Tech giants are embracing remote work. Others may follow, by Barbara Ortutay Nearly 39 million have lost jobs in US since virus took hold, by Christopher Rugaber, Danica Kirka CNN BlackRock is the new king of Wall Street as banks get pummeled, by Paul R. La […]
Ford shuts two factories on new Covid-19 cases
Ford suspended production at two factories after workers tested positive for Covid-19. CNN’s Chris Isidore reported: Just days after reopening its American assembly plants, Ford temporarily shut down two separate factories because employees tested positive for Covid-19. One plant in Chicago that builds the Ford Explorer, the Lincoln Aviator and the Ford Interceptor police car […]
Talking Biz News Today — May 21, 2020
Some of Thursday’s top business news stories: Associated Press Ford temporarily halts work at 2 plants; Rolls cuts jobs US farmers leaning more heavily on government loan programs, by Roxana Hegeman CNN World Bank: Pandemic could force 60 million more people to live on less than $2 a day, by Michelle Toh As you shop […]
Talking Biz News Today — May 20, 2020
Some of Wednesday’s top business news stories: Associated Press Walmart becomes a pandemic lifeline, online sales surge 74%, by Anne D’Innocenzio Budget cuts aimed at older adults anger California lawmakers, by Adam Beam CNN People are flying again … sort of, by Chris Isidore Cyber attacks are increasingly all about financial gain, report says, by […]
