Below please find daily updates pertaining to the latest in financial, business, and tax news:
Volkswagen is considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for the German automaker said on Saturday....Sat, Jun 06, 2020
California can start film and music production again on June 12, according to the California Department of Public Health....Sat, Jun 06, 2020
Even as the U.S. added some jobs in May, the number of people employed by federal, state and local governments dropped by 585,000....Sat, Jun 06, 2020
OPEC and allied nations agreed Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July, hoping to boost energy prices hard-hit by the coronavirus pandemic....Sat, Jun 06, 2020
OPEC+ had initially agreed in April that it would cut supply by 9.7 million barrels per day during May-June to prop up prices that collapsed due to the coronavirus crisis....Sat, Jun 06, 2020
U.S. employers added 2.5 million workers last month, pushing the unemployment rate down to 13.3 percent, a sharp turnaround from the loss of 8 million jobs expected by Wall Street analysts that would have pushed unemployment to 19.8 percent....Fri, Jun 05, 2020
Activision Blizzard CEO Robert Kotick has received a combined $96.5 million in stock/option over the last four years, CtW Investment Group wrote....Fri, Jun 05, 2020
It was Dimon’s first trip to meet employees since he underwent heart surgery in March....Fri, Jun 05, 2020
U.S. employers added 2.5 million jobs in May, a shocking reversal of the continued decline economists expected....
I'm bullish on a restaurant recovery. Here's why....
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