Miguel McKelvey, co-founder of WeWork with Adam Neumann, to leave company
WeWork’s Miguel McKelvey, who co-founded the troubled office-sharing start-up with Adam Neumann, will leave the company at the end of...
Read MoreAuthor: Reuters
Row over undelivered jets as Airbus threatens to sue airlines
Posted by Reuters | Jun 5, 2020 | World News |
A stand-off over undelivered passenger jets is intensifying after Airbus signalled it would sue airlines refusing to honour contracts in the face of the coronavirus...
Read MoreReliance says Silver Lake, co-investors to invest extra $601 million in digital unit
Posted by Reuters | Jun 5, 2020 | World News |
India’s Reliance Industries late on Friday said U.S. private equity fund Silver Lake and its co-investors will invest an additional 45.46 billion rupees ($601.40 million) in the company’s digital unit Jio...
Read MoreUK halts trial of hydroxychloroquine as “useless” for COVID-19 patients
Posted by Reuters | Jun 5, 2020 | domesticNews, Reuters: UK |
British scientists halted a major drug trial on Friday after it found that the anti-malarial hydroxychloroquine, touted by U.S. President Donald Trump as a potential “game changer” in the pandemic, was...
Read MoreU.S. labor market unexpectedly improves; recovery years away
Posted by Reuters | Jun 5, 2020 | World News |
The U.S. economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered by the COVID-19 pandemic was probably over, though the road to...
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