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Public pensions suffered the worst quarter in a decade
State and local government pensions had their worst quarter since the credit crisis more than a decade ago as the sudden shutdown of the global economy because of the coronavirus hit almost every asset class.
How Volkswagen plans to outsell Tesla
While Volkswagen Group is still the world's best-selling automaker, the electric car market easily belongs to Tesla. In 2019, Elon Musk's company was responsible for 78% of all EVs sold in the U.S. However, behind a staggering investment of $37 billion into its EV program, Volkswagen has plans set in place for taking Tesla's crown.
Elon Musk has a lot to say about COVID-19. Some of it isn't true
Tesla CEO Elon Musk has called stay-at-home orders "fascist" and spread misinformation about Covid-19 on Twitter. Now, he says he's reopening a factory despite government orders.
Boeing CEO's dire warning amid coronavirus to airlines
Boeing CEO on aviation amid coronavirus
How to stay insured if you are laid off during coronavirus
Losing your job is never easy and always stressful. On top of making sure unemployment payments roll in, you’ve gotta figure out how you’re going to cover any medical expenses that may arise. If there’s any time you don’t want to be without healthcare, it’s during a global pandemic. Here are some options for health insurance if you find yourself without a job during Covid-19.
Some homeowners getting mortgage bailouts by mistake
More than four million homeowners are now delaying their monthly mortgage payments as part of both government and private lender relief programs, but some are in them by mistake and are having a hard time getting out.
Twitter says employees can work from home forever
Twitter's acceptance of a mostly remote workforce predates the coronavirus pandemic.
As Trump urges reopening, thousands getting sick on the job
The developments underscore the high stakes for communities nationwide as they gradually loosen restrictions on business.
People in low-wage red states got the biggest coronavirus relief checks
Residents of lower-income states that voted for President Donald Trump got bigger stimulus checks in general than those in wealthier coastal enclaves that tend to back Democrats, according to data from the Internal Revenue Service.
GrubHub spikes on report of potential takeover by Uber
Both companies are in negotiations and could close a deal before the end of the month, sources familiar with the matter told Bloomberg.
How to reopen states safely: New report offers guidance
A new report released Tuesday by Harvard University's Safra Center lays out specific guidelines for states to reopen safely.
US reports a record $738 billion budget deficit in April
U.S. reports record $738 billion budget deficit in April
Consumer prices plunge with demand for gas, services
U.S. consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand for gasoline and services including airline travel as people stayed home during the coronavirus crisis.
House Dems unveil $3T aid bill with cash for states, USPS funds
House Democrats proposed a $3 trillion virus relief bill Tuesday, combining aid to state and local governments with direct cash payments, expanded unemployment insurance and food stamp spending as well as a list of progressive priorities like funds for voting by mail and the troubled U.S. Postal Service.
How theaters hope to lure moviegoers back to the show
With some states preparing to reopen movie theaters but few new releases on the books for months, Hollywood studios are offering exhibitors popular films including “Jaws” and “Harry Potter and the Sorcerer’s Stone” to entice wary audiences back to cinemas.
Pfizer wants to test vaccine on thousands by September
The U.S.-based pharmaceutical giant, which is working alongside German drugmaker BioNTech, last week dosed its first participants in the United States with a potential Covid-19 vaccine.
Jim Cramer takes sides in Tesla's fight to reopen factory
CNBC's Jim Cramer told CNBC on Tuesday he sides with Elon Musk in the Tesla CEO's fight with county officials over reopening the company's auto plant in Fremont, California.
BK owner says the virus could change restaurants forever
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, says the food-service industry needs to change “for the foreseeable future and possibly forever” after Covid-19.
Airlines tell crews not to force passengers to wear masks
Exclusive: U.S. airlines tell crews not to force passengers to wear masks
Doesn't Trump realize I have another family to take care of?
‘Withholding checks now does not take into account the unprecedented circumstances in which we’re living.’
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