Business News Aggregator

Page Updated: Friday, June 05, 2020 4:06 PM ET

Business

Dow spikes 900 points after jobs-report shocker shows unemployment rate dropped in May | Markets Insider

US equities spiked on Friday after the Bureau of Labor Statistics announced an unexpected decline in unemployment and net job creation in May. T...

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AP News

Care homes face £6.6bn bill to fight Covid-19

Telegraph UK - 3 hours ago

Coronavirus is pushing up the costs of staff, PPE and cleaning

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Maryland coronavirus updates for June 5: Maryland football starts voluntary workouts on June 15; Mercy unveils new treatment center for COVID-19 patients

The Baltimore Sun - 1 hour ago

Here's a daily round up of the coronavirus news in the state of Maryland.

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Christian Science Monitor

Glimmer of hope: US unemployment fell to 13.3% in May

Christian Science Monitor - 4 hours ago

There are indicators that the U.S. economic decline is leveling out. Unemployment rates could remain in double-digits through November, experts say, but even hard-hit industries are showing signs of rebound as companies reopen and workers are rehired.

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NBC News

Marriott ordered by Trump administration to close hotel in Cuba

NBC News - 2 hours ago

Marriott International, the only U.S. company to run a hotel in Cuba, told Reuters it was ordered to close by the end of August.

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International The News

Coronavirus: Top oil producing countries to meet Saturday to discuss output cuts

International The News - 10 minutes ago

OPEC´s 13 members led by Saudi Arabia and their ten allies, including Russia, had originally been due to meet June 9 and 10.

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Times of India

Going back to work won’t be business as usual. A group of Chicago companies is creating a playbook to restart Chicago’s economy.

Chicago Tribune - 5 hours ago

Aon is leading a coalition of major Chicago corporations to draw up safe standards for restarting the economy after a long shutdown because of the coronavirus pandemic, creating a model that the consulting and risk management giant plans to expand to cities throughout the world.

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NPR

Pandemic brings a rising tide of Bay Area boat sales

San Francisco Chronicle - 3 hours ago

<p>With double-digit unemployment and shelter-in-place restrictions, Bay Area yacht broker Geli Burgin was certain 2020 would be a bad summer for the boat business. She was wrong.</p>

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USA Today - Reddit's Ohanian resigns from board, seeks black candidate as replacement -- Reddit co-founder Alexis Ohanian said he is resigning from the company's board, and wants a black candidate to take his seat.