Amazon.com has secured clearance to deliver alcohol in India's eastern state of West Bengal, according to a document seen by Reuters, signalling the U.S. e-commerce giant's first foray into the country's multi-billion-dollar sector.
The much-anticipated legislation, which has provoked deep concerns in Washington and Europe, paves the way for the most profound change to the city's way of life since it returned to Chinese rule.
The scandal-hit company is desperately seeking to reassure investors after its search for the missing cash hit a dead end in the Philippines, prompting ratings agencies to react.
The United Kingdom's chief medical officers have agreed that the Covid-19 threat level should be lowered one notch to "epidemic is in general circulation" from "transmission is high or rising exponentially".
Despite struggling for direction since its sharp gains at the height of the coronavirus crisis, Goldman Sachs analysts are backing gold to rally further on the back of debasement fears and a weakening dollar.
Wall Street analysts said investors should expect more volatility because the economic recovery is most likely to be "uneven" and shaped like "rolling Ws."
The U.S. Navy announced Friday that it will not reinstate Capt. Brett Crozier, who sounded the alarm about a growing coronavirus outbreak aboard an aircraft carrier, a reversal from a previous recommendation.
AMC Entertainment faced backlash overnight after its CEO Adam Aron said its decision not to require masks was made in an effort not to be political. On Friday, AMC reversed course, and will require guests to wear masks at its theaters
The U.S. Treasury Department and Small Business Administration said on Friday they would disclose names and other details about businesses that take Paycheck Protection Program loans of $150,000 or more.
Altria, Nike and J.C. Penney are among those offering employees Juneteenth as a paid, companywide holiday. Google urged its employees to cancel all unnecessary meetings scheduled for the day.
"There is no more powerful position than the CEO and, quite honestly, this isn't going to change if the people with power don't use that power to change it," Nielsen CEO David Kenny said on "Closing Bell."
Tesla also told employees that there's a new round of performance reviews, called Performance Acceleration 2020, that will be completed by July 27. The company has sometimes cut staff at or around reviews.
The White House insisted that Covid-19 is "still a priority" for the administration, even as President Donald Trump prepares for a rally in Tulsa, Oklahoma, that could spread the disease.
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