AskTraders.com Expects Online Trading Activity In Malaysia To Be Above Pre-COVID-19 Levels Until End-2020

AskTraders.com sees 40% of its users from KL, attracting more women users KUALA LUMPUR, MALAYSIA - Media OutReach - 7 August, 2020 - One-stop trading information platform, AskTraders.com experienced ...

July US jobs report is expected to point to hiring slowdown

WASHINGTON (AP) — Just how severely has the resurgence of the coronavirus pummeled the U.S. economy? The jobs report for July being released Friday will provide the clearest answer yet. ...

Business Highlights

___ 1.2 million seek jobless aid after $600 federal check ends WASHINGTON (AP) — Nearly 1.2 million laid-off Americans applied for state unemployment benefits last ...

How major US stock indexes fared Thursday

Stocks closed higher on Wall Street Thursday after a report showed the pace of layoffs across the country is slowing, though it remains incredibly high. Technology and communication...

Many more likely sought jobless aid amid resurgence of virus

WASHINGTON (AP) — With the nation still gripped by an alarming resurgence of coronavirus cases, the U.S. government will provide its latest snapshot Thursday of the layoffs that have remained elevated...

Hilton sales plunge in second quarter with travel frozen

Hilton lost $432 million in the second quarter, but occupancy rates began to improve as coronavirus restrictions were lifted in portions of the country. Hilton announced layoffs of a...

GOP senators support more money for airlines to pay workers

A group of 16 Republican senators has endorsed giving more money to airlines to avoid layoffs right before the November election, giving a boost to a lobbying effort by airlines and their unions. ...

Gone for good? Evidence signals many jobs aren't coming back

WASHINGTON (AP) — Stark evidence of the damage the resurgent viral outbreak has caused the U.S. economy could come Friday when the government is expected to report that the pace of hiring has slowed s...

Staying sharp a concern during virus-induced layoffs

In baseball, a day off is something to savor. A whole series is a different matter. “I think in baseball, it’s very routine-oriented, and you start interrupting rou...

American, pilots agree on steps aimed at reducing job cuts

American Airlines has reached a deal with its pilots’ union designed to reduce the number of job losses in October as the airline shrinks because fewer people are flying during the pandemic. ...

NBCUniversal laying off workers amid pandemic pain

Comcast’s NBCUniversal is having company-wide layoffs, a spokeswoman confirmed. The layoffs affect less than 10% of the company's employees, according to the Wall Street Journal, wh...

Booking.com cuts workforce by thousands as travel atrophies

Booking.com is laying off a quarter of its workforce — more than 4,000 people — with the global pandemic snuffing out travel. Layoffs will begin next month and run through the end of th...

Asian shares extend rally after S&P 500 nears record

Shares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3% of the record high it set in February. ...

Analysis: Often on brink, Lebanon headed toward collapse

BEIRUT (AP) — Power cuts that last up to 20 hours a day. Mountains of trash spilling into streets. Long lines at gas stations. It may seem like a standard summer in Lebanon, a count...

Airlines, unions pin hopes for more payroll cash on politics

With tens of thousands of airline workers facing layoffs this fall, labor groups are pushing Congress for more federal money to keep them on the payroll until next spring. The unions...