New York state lawmakers on Friday moved to curtail management powers granted to Gov. Andrew Cuomo during the coronavirus pandemic, as he faced bipartisan rebuke over changes his administration made to a report on COVID-19 nursing home deaths.
‘I liken these friends and former colleagues to the kids at school who march right to the head of the lunch line to get their food, without waiting in line like the rest of us.’
Companies investing in the U.K. will be offered a tax break, the program to support workers salaries will be extended, and a new infrastructure bank will be created.
Asset prices are elevated more than they have been historically, but is not something that should play a role in interest-rate policy, said San Francisco Fed President Mary Daly on Tuesday.
A long-time skeptic on Tesla Inc. ‘s stock, UBS analyst Patrick Hummel, has more than doubled his stock price target, saying the narrative is no longer about the company’s leadership in electric vehicles, it’s about “winning” in software.
Target Corp. plans to spend $4 billion each year over the coming several years on things like store remodels, technology improvements and order fulfillment services to further enhance and grow its business.
The restaurant industry’s largest lobbying group is working to ensure that Democrats’ big COVID-19 relief package doesn’t leave out eateries at the last minute, as the organization also says that it expects more aid for the hard-hit sector will be necessary.
A review commissioned by the U.K. government suggests an overhaul of the London Stock Exchange’s listing rules, to enable London to better compete with New York or European bourses such as Amsterdam.