United Airlines shares lose altitude after weak 1Q forecast
Shares of United Airlines are falling after the company gave a weak forecast for its revenue in the first three months of 2021 Go to Source Author:
Business News
Biden halts border wall building after Trump’s final surge
President Joe Biden has ordered a “pause” on all border wall construction within a week, one of 17 executive orders he issued on his first day in office Go to Source Author:
Biden inherits damaged economy, with signs of hope emerging
President Joe Biden has inherited a badly damaged economy pulverized by the pandemic, with 10 million fewer jobs than a year ago and as many as one in 6 small businesses shut down Go to Source Author:
Revenue at Trump hotels, resorts hit hard by pandemic
Donald Trump is returning to a family business ravaged by pandemic shutdowns, with revenue plunging more than 40 percent at his Doral golf property, his Washington hotel and both his Scottish resorts Go to Source Author:
Dutch lawmakers back coronavirus curfew despite criticism
A majority of Dutch lawmakers has backed the government’s planned curfew, despite fierce criticism from some opposition legislators Go to Source Author:
Vatican convicts ex-bank chief in property embezzlement scam
The Vatican’s criminal tribunal has convicted the former head of the Vatican bank and his lawyer of embezzling tens of millions of euros in proceeds from the sales of Holy See-owned real estate Go to Source Author:
US long-term mortgage rates slip; 30-year loan at 2.77%
U.S. long-term mortgage rates slipped this week while remaining at record-low levels Go to Source Author:
Union Pacific delivered 3% more freight as economy recovered
Union Pacific’s fourth-quarter profit chugged ahead as shipping volume improved for the first time since before the coronavirus pandemic slowed the economy to a crawl last year Go to Source Author:
European Central Bank stimulus on track as economy struggles
The European Central Bank has left its bond-purchase stimulus program unchanged as the 19-country eurozone endures a winter economic slowdown due to the pandemic Go to Source Author:
Lilly: Drug can prevent COVID-19 illness in nursing homes
Drugmaker Eli Lilly says its COVID-19 antibody drug can prevent illness among residents and staff of nurusing homes and other long-term care locations Go to Source Author:
US home construction jumps 5.8% in December to 1.67 million
U.S. home construction jumped 5.8% in December to 1.67 million units, ending a strong year for home building Go to Source Author:
US jobless claims decline to a still-high 900,000
Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic Go to Source Author: