Business
Take Advantage Of Student Loan Breaks Before 2020 Ends
Talk of student loan forgiveness has borrowers looking forward to 2021. But many already benefited from some unprecedented events in 2020:
Oil Prices Fall On Surprise Build In U.S. Stocks, Demand Anxiety
Oil prices fell on Wednesday on a surprise gain in crude oil inventories in the United States and on persistent investor worries about demand for fuel being squeezed amid tighter lockdowns in Europe to counter the coronavirus pandemic.
BOJ Loads Up $6 Billion In Ammunition In Rare Move To Combat Market Turmoil
The Bank of Japan will tap $6 billion in cash from a government account in a rare arrangement to ensure it has enough ammunition to combat any market disruptions caused by a recent resurgence in coronavirus infections.
U.S. Says Monarch Butterflies Deserve Protection, But Must Wait In Line
Monarch butterflies deserve federal protection under the Endangered Species Act, President Donald Trump's administration said on Tuesday, but the blackandorange insects must wait in line behind 161 other species facing more imminent threats.
Tata-Mistry Row: SC Draws Analogy Between Politics and Corporate on Issue of Interference
The SP Group alleged that there was interference by the stakeholder trustee directors in the running of the Tata Sons, the act, which is best left for the board of directors.
Vaccine Impact On Moribund Oil Demand Is Several Months Away - IEA
The rollout of vaccines this month to combat the coronavirus pandemic will not quickly reverse the destruction wrought on global oil demand, International Energy Agency (IEA) warned on Tuesday.
Air India Employees Partner with US-based Fund to Submit Expression of Interest
The expression of interest proposes 51 per cent stake under employees and the rest 49 per cent with Interups. Employees from multiple departments come together for the consortium.
Tata Sons to File Expression of Interest for Air India Today: Sources
The government has substantially sweetened the sale terms for Air India. It has offered for sale its 100% stake in AI and AI Express — instead of 76% in the first attempt — and the entire 50% it owns in ground handling joint venture AI-SATS.
Insider Q&A: Aman Narang, CEO Of The Payments Company Toast
The coronavirus outbreak has crushed many restaurants and forced those that have survived to become more creative. Its not just about deliveries and al fresco dining. Or about the use of services like Grubhub and DoorDash, whose stock jumped in its first...
Brazilian Prosecutors Sue Maersk, Seek To Freeze $200 Million
Federal prosecutors in Brazil filed a civil lawsuit against Danish shipping company Maersk and former executives representing the firm for alleged corruption involving shipping contracts with staterun oil firm Petrobras, they said on Friday.
U.S. SEC Charges Sequential Brands With Deceiving Investors Over Goodwill
The U.S. Securities and Exchange Commission on Friday sued Sequential Brands Group Inc, accusing the brand management company of deceiving investors by failing to write down its goodwill fast enough after its stock price fell.
MetLife Sells Home And Auto Biz To Zurich's Farmers For $4B
MetLife is selling its home and auto insurance business to Farmers Group for $3.94 billion, the insurers said Friday.
Bank Of England Readies Armoury To Deal With Any Brexit Disruption
The Bank of England took steps on Friday to keep banks lending through 2021 as Britain grapples with the COVID19 pandemic and braces for any market disruption from a big change in the UK's trading relationship with the European Union.
Cuba Adopting Single Exchange Rate in January, In First Devaluation Since 1959 Revolution
For nearly three decades, two currencies have circulated in Cuba’s state-run economy: the peso and the convertible peso (CUC), pegged to the dollar.
Mnuchin To Recommend Next Treasury Secretary Sell $700 Million YRC Loan
U.S. Treasury Secretary Steven Mnuchin said on Thursday he will recommend that his successor next year consider selling to a third party the $700 million emergency government loan made to trucking company YRC Worldwide at a profit to taxpayers.
NBCUniversal Adds More Digital, Streaming Ad Options For Local Businesses
Comcast Corp's NBCUniversal on Thursday said it will give local U.S. advertisers access to buy more digital and streaming TV advertising inventory and introduce the ability to target those ads to consumers by their region, as the media company looks to ga...