Bombardier Inc. will cut 2,500 jobs from its aviation division, the company announced on Friday, as demand for business jets plummets due to the coronavirus pandemic.
Prime Minister Justin Trudeau announced Friday that the federal government will commit $14 billion to provinces to help with the reopening of services and businesses.
Shared desks and free-flowing pantries may run counter to social distancing, but WeWork says enterprise clients are increasingly opting for the flexibility of its office spaces, as companies reimagine the workplace amid the coronavirus pandemic. Speaking to Yahoo Finance, chief product and experience officer Hamid Hashemi said the company is seeing greater demand “net-net,” even as independent workers and smaller businesses move out, to cut costs.
Stunning employment data fed into growing optimism about cities and states relaxing the coronavirus-related restrictions that have hobbled activity and crushed the jobs market.
Stocks spiked on Friday after data showed the coronavirus-stricken U.S. economy unexpectedly added jobs in May.
The ending of lockdowns and some temporary layoffs led to a surge in hospitality and leisure jobs — surprising economists. Still, the state of the labor market is worse than that in the last financial crisis.
Sportswear giant Nike, in conjunction with its Jordan and Converse brands, announced it will commit $40 million to support the black community over the next four years.
When it comes to selling your house, odd numbers are worth thousands more than even numbers, and 13 is actually lucky, study finds.
The Canadian economy added 289,600 jobs in May, as parts of the economy reopened during the COVID-19 pandemic.
The May jobs report showed an unexpected rise in the number of non-farm payrolls in the economy and a drop in the unemployment rate from April.
Chase Koch described Koch Disruptive Technologies as a “win-win” for company founders, which receive the resources and expertise made possible by the venture firm’s vicinity to Koch Industries; and for the chemical giant, which can use the firm as laboratory for transforming its holdings.
The mass protests against racial injustice gripping the U.S. have put the topic persistent health disparities back on display, something that was already a major focus of the coronavirus pandemic.
Woodford's Equity Income Fund was closed to withdrawals almost exactly a year ago, with the entire business collapsing months later.
IAG is mulling a legal challenge against the planned blanket 14-day quarantine for travellers to the UK.
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The drugmaker this week signed two deals that will allow it to double the supply of a potential coronavirus vaccine.
Prices saw a small drop in May, but Halifax said interest was picking up from buyers and sellers as the lockdown eases in England.