Walgreens shares jump on buyout report
New York (CNN Business)Walgreens is laying off 4,000 employees at Boots, its United Kingdom drugstore division. Although the layoffs make up 7% of its Boots workforce, it’s a tiny fraction … Read More
Cloud stocks look frothy, but companies are proving they can cut costs and keep growing
Investors are paying a hefty premium for subscription software companies that are getting major boosts from shelter-in-place orders. DocuSign is up 181% this year, while Zoom has climbed almost 300%. … Read More
Manhattan Apartment Rents Slide After Exodus Empties Buildings
Manhattan’s rental market is starting to show the damage from a pandemic-fueled exodus. The borough’s apartment-vacancy rate in June rose to the highest on record. Available listings surged 85% from … Read More
SoftBank-Backed Relay Therapeutics Seeks $265 Million in IPO
Oncology drug developer Relay Therapeutics Inc. set terms for a U.S. initial public offering that could raise as much as $265 million. The Cambridge, Massachusetts-based company plans to market 14.7 … Read More
Op-ed: Strong cybersecurity strategy is no longer a luxury for small businesses
While businesses across the country prepare to welcome back their customers, hackers and cyber criminals are actively infiltrating and exploiting small business databases, writes Sen. Jim Risch, R-Idaho. After several … Read More
National Restaurant Association, ServSafe’s Campaign To Project Healthy And Safe Restaurants
The U.S. National Restaurant Association is launching a campaign to help restaurants reassure customers that they stick to healthy and safe standards, as the restaurant industry is struggling amid the … Read More
Samsung and Apple BOTH set to bin chargers from boxes for next phone releases – you'll need to buy your own
SAMSUNG is reportedly planning to ditch giving out free chargers next year. These rumours come after the same thing was hinted for Apple and the iPhone 12. It's not unprecedented … Read More
Summer statement 2020: IFS airs doubts on ‘unprecedented’ UK economic stimulus
Britain is in the middle of an unprecedented crisis but some things never change. On the day after a budget or mini budget the chancellor of the exchequer can expect … Read More
Pension warning amid fears Britons could be coerced to opt out or reduce payments
Pension saving through a workplace pension is now considered commonplace in companies across the UK. All employers are required under the law to provide a workplace pension scheme under a … Read More
China Says U.S. Policy Is Driven by ‘McCarthy-Style Paranoia’
In this article China’s top diplomat blasted U.S. policy toward Beijing while also proposing a blueprint for getting spiraling relations between the world’s biggest economies back on track. “Current U.S. … Read More