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Business

Reopening in California Phase 2: Napa County 1st Bay Area is allowed to reopen restaurants for dinner

SAN FRANCISCO (KGO) – Effective immediately, restaurants in Napa County may reopen the lunch service if they have made adaptations to state guidelines. LIFE AFTER COVID-19: Here’s what restaurants, gyms, schools, sports will look like when they reopen California has approved Napa County to move on to Phase 2, which includes dining restaurants, retail stores, shopping malls and swap meetings …

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U.S. workers hit McDonald’s with COVID-19 security class action

(Reuters) – Five McDonald’s workers in Chicago filed a lawsuit against the class against the chain on Tuesday, accusing it of failing to accept government safety guidelines for COVID-19 and endangering employees and their families. PHOTO PHOTO: McDonald’s Workers Strike for Precautions as Coronavirus Disease (COVID-19) Continues, in Los Angeles, California, USA, April 6, 2020 REUTERS / Lucy Nicholson / …

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Powell and Mnuchin give lawmakers serious economic prospects: live updates

The US economy is facing irreparable damage from the protection of the coronavirus pandemic, the nation’s top politicians warned lawmakers on Tuesday as Congress and the White House struggle over how to restart business and how much additional government support is needed. In a joint statement to the deputies, the Minister of Finance Stephen Mnuchin and the Chairman of the …

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Revenues from Ryanair Q4 2020 against the background of coronavirus

Ryanair is negotiating pay cuts, unpaid leave and up to 3,000 job losses with its employees and unions as the coronavirus reduced the airline’s passenger numbers by more than 5 million. However, the airline’s outspoken CEO is somewhat optimistic about traveling in Europe this summer and told CNBC that he expects a “deep discount” on flights. In its year-round results …

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Stocks in Asia supported by reopening economies; oil, gold jump

SYDNEY / HONG KONG (Reuters) – Asian stocks retreated on Monday and oil prices peaked for five weeks as countries’ efforts to reopen their economies hoped the world would be closer to emerging from recession. FILE PHOTO: Pedestrians wearing face masks walk near an overpass with an electronic board showing stock information following a coronavirus disease outbreak (COVID-19) in the …

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SoftBank in negotiations for the sale of T-Mobile shares to Deutsche Telekom

SoftBank Group Corp. is negotiating the sale of a significant portion of its stake in T-Mobile US Inc. of the controlling shareholder Deutsche Telekom AG as the Japanese technology conglomerate competes for fundraising. If the transaction is completed, it will increase Deutsche Telekom’s stake in T-Mobile by almost 44% over 50%, according to people familiar with the matter. The German …

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Coronavirus last: Japan fell into recession even before the blockade

Goldman says India’s economy will shrink by 45% Amy Casmin in New Delhi India’s economy will shrink by 45 percent in the quarter of April-June compared to the same period a year earlier, overwhelmed by one of the most draconian coronaviruses in the world, which led to almost all economic activity, predicts Goldman Sachs in a new report. However, the …

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Asian stocks followed the S&P 500 higher, a jump in oil and gold

SYDNEY (Reuters) – Asian stocks were raised by S&P 500 futures on Monday, and oil prices peaked for five weeks as countries’ efforts to reopen their economies hoped the world would be closer to emerging from recession. FILE PHOTO: Pedestrians wearing face masks walk near an overpass with an electronic board showing stock information following a coronavirus disease outbreak (COVID-19) …

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