KRTL BioTech

Latest News on private equity markets

Canada's Huawei extradition ruling could unleash more Chinese backlash

A Canadian court ruling that could permit the extradition of a senior Huawei Technologies Co Ltd executive to the United States leaves Canada vulnerable to further retaliation from Beijing, analysts said.



5 years ago

U.S. major airlines roll out more options to avoid staff lay-offs

The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to accept voluntary leave or early retirement in the hope of avoiding widespread furloughs in the fall, company memos show.



5 years ago

New York's Cuomo says businesses can turn away people not wearing masks

New York Governor Andrew Cuomo said he would sign an executive order on Thursday authorizing businesses to deny entry to anyone who does not wear a mask or face covering, stressing masks were critical to preventing the spread of the novel coronavirus.



5 years ago

Spain says it will do all it can to reverse Nissan closure, workers protest

Spain said on Thursday it would do everything possible to stop Nissan from closing its main car factory in the country as angry workers burned tyres and shouted "War" outside the Barcelona plant.



5 years ago

Exclusive: U.S. taxpayers' virus relief went to firms that avoided U.S. taxes

Last month Zagg Inc, a Utah-based company that makes mobile device accessories, received more than $9.4 million in cash from a U.S. government program that has provided emergency loans to millions of businesses hit by the coronavirus.



5 years ago

Volkswagen board formally okays Ford alliance projects

Volkswagen said on Thursday its supervisory board had approved several projects in a multibillion-dollar alliance with Ford Motor that was first announced last July.



5 years ago

U.S. House approves bill lengthening coronavirus small-business loan terms

The U.S. House of Representatives on Thursday overwhelmingly approved legislation increasing the amount of time, to 24 weeks from the current eight-week deadline, for small businesses to use Paycheck Protection Program loans spurred by the coronavirus outbreak.



5 years ago

Thinking of taking money from your 401(k)? Check out this scary math first

New rules for your 401(k) make taking a withdrawal or loan from the account more enticing. But you'll still pay a big price at retirement for doing so.

5 years ago

Dollar chains expect robust demand as shoppers brace for recession

America's top dollar store chains beat profit estimates on Thursday and said they would benefit from demand for affordable groceries and household essentials in coming months as rising unemployment threatens to spur a deep recession.



5 years ago

Wall Street climbs on healthcare, tech push

Wall Street's major indexes rose on Thursday, boosted by gains in healthcare and technology stocks, as investors bet on a swift recovery from a coronavirus-driven economic slump.



5 years ago

German union accuses Volkswagen of 'management errors' that put jobs at risks

Germany's biggest labor union criticized Volkswagen on Thursday for a recent advert deemed racist and other "errors", saying management had damaged the carmaker's reputation and put jobs at risk.



5 years ago

U.S. weekly jobless claims drop, but economic recovery still elusive

The number of Americans seeking jobless benefits fell for an eighth straight week last week, likely as some people returned to work, but claims remained at astonishingly high levels, suggesting it could take the economy a while to rebound as businesses reopen.



5 years ago

The IRS will accept amended income tax returns electronically this summer

Taxpayers stuck at home, rejoice! The IRS will accept e-filed 2019 amended income tax returns this summer.

5 years ago

COVID-19 infects more than 3,000 U.S. meatpacking workers: union

More than 3,000 U.S. meatpacking workers have tested positive for COVID-19 and at least 44 workers have died, the country's largest meatpacking union said on Thursday, reflecting an increasing toll on plant employees.



5 years ago

Trump could sign order on social media companies later on Thursday: White House

U.S. President Donald Trump could sign an executive order on social media companies later on Thursday, but the timing could change, White House Press Secretary Kayleigh MacEnany said, after Twitter urged readers to check facts in tweets sent by Trump earlier this week for the first time.



5 years ago