SINGAPORE: The move to further raise the qualifying salary for S Pass holders has drawn concern from businesses owners in some industries, who said they sometimes have no choice but to turn to foreign workers as it is difficult to hire Singaporeans for certain positions. Companies CNA spoke to ...
Wall Street stocks rocketed higher again on Wednesday (Sep 2) with the Nasdaq ending above 12,000 for the first time as investors shrugged off disappointing employment data and a cautious Federal Reserve report.
PVH Corp reported a surprise quarterly profit on Wednesday, as the apparel retailer benefited from strong demand for comfortable and casual clothing during the coronavirus-led shift to work from home, sending its shares up over 4per cent.
US private employers hired fewer workers than expected for a second straight month in August, suggesting that the labour market recovery was slowing as the COVID-19 pandemic persists and government money to support workers and employers dries up.
US businesses saw a modest increase in activity and employment generally increased through late August, a Federal Reserve report showed on Wednesday, but economic growth remained sluggish in some parts of the country.
A group representing major internet companies including Facebook Inc , Amazon.com Inc and Alphabet Inc's Google on Wednesday urged the Federal Communications Commission (FCC) to reject a Trump administration bid to narrow the ability of social media companies to remove objectionable content.
Billionaire investor William Ackman has approached short-term home rental company Airbnb Inc about going public through a reverse merger with his blank-check company, according to people familiar with the matter.
U.S. businesses saw a modest increase in activity and employment generally increased through late August, a Federal Reserve report showed on Wednesday, but economic growth remained sluggish in some parts of the country.
Intel Corp on Wednesday unveiled "Tiger Lake," the 11th generation version of its flagship chip for laptops.
Tesla Inc shares fell as much as 15per cent on Wednesday, extending previous session's losses after the electric-car maker announced a US$5 billion stock offering that was aimed at cashing in on Wall Street's heightened interest.
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