Friday, 18 Sep 2020

Business

TikTok, WeChat begins Sunday in U.S.

WASHINGTON — The Commerce Department will roll out a ban of transactions in the U.S. using TikTok and WeChat starting Sunday. The order Friday was put into place, according to Commerce Secretary Wilbur Ross, to “combat China’s malicious collection of American citizens’ personal data.” The government previously said that using and downloading the app to […]

EXCLUSIVE: Roberto Cavalli CEO to Exit Company

MILAN — Gian Giacomo Ferraris is leaving his post as chief executive officer of the Roberto Cavalli company at the end of the year, WWD has learned. In an internal letter obtained by WWD, Ferraris announced the news to his team “with mixed feelings, which include some satisfaction, a bit of sadness and a few regrets.” […]

Asia defies Wall Street weakness but economy, election worries cap gains

SINGAPORE/NEW YORK (Reuters) – Asian stocks inched up on Friday, despite Wall Street declines, but struggled to make deeper gains as worries about a faltering economic recovery kept investors to the sidelines or seeking safer harbour in assets such as the Japanese yen.FILE PHOTO: People wearing protective masks, following the coronavirus disease (COVID-19) outbreak, are […]

Colorado could OK first-of-its-kind air-quality rule for oil, gas well sites

Colorado could once again lead the way on oil and gas regulations if the state approves proposals meant to control emissions from well sites earlier than is now required under a mandate to revamp rules. The Colorado Air Quality Control Commission opened a hearing Thursday on proposed rules, including ones that would require monitoring emissions […]

Zero Waste Packaging Platform Loop Expands Across the U.S.

Loop is taking its effort to curb single-use packaging national with expansion to 48 states. After a successful pilot run, the revamped “milkman” delivery and e-commerce platform — which helps to repackage beauty and consumer goods into reusable and refillable packaging — is looking to facilitate greater circularity. New Jersey-based company TerraCycle first tested its […]

Wall Street falls as tech sells off again, jobless claims still high

(Reuters) – U.S. stocks fell on Thursday as technology-related shares slid for a second day and as government data showed high levels of weekly jobless claims.FILE PHOTO: Hundreds of people line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, U.S. June 18, 2020. REUTERS/Bryan WoolstonAmazon.com Inc […]

Herman Miller soars 34% as it rejoins dividend club

(Reuters) – You may need to sit down for this.FILE PHOTO: A sample of a redesigned office space following the outbreak of coronavirus disease (COVID-19) is seen in an artist rendering released to Reuters on August 14, 2020 by Michigan furniture manufacturer Herman Miller Inc. Subdivision/Handout via REUTERS Shares of Herman Miller MLHR.O soared 34% […]

Herman Miller soars 34% as it rejoins dividend club

(Reuters) – You may need to sit down for this.FILE PHOTO: A sample of a redesigned office space following the outbreak of coronavirus disease (COVID-19) is seen in an artist rendering released to Reuters on August 14, 2020 by Michigan furniture manufacturer Herman Miller Inc. Subdivision/Handout via REUTERS Shares of Herman Miller MLHR.O soared 34% […]