U.S. package delivery company FedEx Corp said it would not issue a 2021 forecast after its fiscal fourth quarter adjusted profit tumbled amid a deadly pandemic that is upending lives and commerce around the globe.
Policymakers need to keep diversity and structural racial inequalities in mind when analyzing the labor market and other measures of the economy, two Federal Reserve officials said on Tuesday.
Goldman Sachs Group Inc's investment bank formed a new group to increase its recruitment and hiring of Black employees and improve career development and retention among existing Black employees, according to a memo sent on Tuesday that was seen by Reuters.
TOULOUSE: Airbus on Tuesday (Jun 30) unveiled plans to shed around 15,000 jobs including 900 already earmarked in Germany, saying its future was at stake after the coronavirus pandemic rocked the air travel industry. Europe's biggest aerospace group said it would cut some 5,000 posts in France, 5 ......
Twelve million Mexicans have lost their jobs since March as part of the economic fallout from the coronavirus, and the number of people working in the informal sector shot up significantly, official data showed on Tuesday.
The top Republican in the U.S. House of Representatives said on Tuesday it would not be productive to extend extra unemployment benefits that were included in coronavirus relief legislation earlier this year but that expire on July 31.
Ohio Attorney General Dave Yost said Tuesday that General Motors Co should repay US$60 million in state tax credits after it closed its Lordstown Assembly plant in March 2019.
Airbus on Tuesday unveiled plans to shed around 15,000 jobs including 900 already earmarked in Germany, saying its future was at stake after the coronavirus pandemic rocked the air travel industry.
The European Commission on Tuesday took another step towards accelerating up the rollout of high speed 5G across the European Union by adopting rules for small antennas, which are key to expanding data capacity and coverage.
General Motors Co said on Tuesday its highly profitable SUV assembly plant in Arlington, Texas, remains open despite a request by union leaders to close the plant given the spiking rate of COVID-19 infections in the wider community.
