Browsing: Business

Business
Biden’s Covid-19 Vaccine Mandate Splits Business Community
The Biden administration’s order that most major U.S. companies mandate that their workers get vaccinated or tested weekly for Covid-19 split the business community. Many executives and business groups said they supported the government’s goal of speeding the pace of vaccinations to keep the recent surge in U.S. cases from hamper...
Business
A Proclamation on Small Business Week, 2021
The American entrepreneurial spirit is a defining quality of our Nation which time and again has lifted us to new heights and carried us through our greatest challenges.  Small businesses are not only the engines of our economic progress — they are the heart and soul of our communities.  During National Small Business Week, we celebrate...
Business
In the News: Challenges Loom as Small Business Week Begins
Next week is National Small Business Week in America.And while it’s typically a time for celebration – it still is – it’s hard to ignore the challenges currently facing small businesses across the country.Recently, the Small Business Administration announced the schedule of events for the Small Business Week Virtual Summit. It’s always a time to ce...
Business
Wells Fargo Fined $250 Million for Problems in Its Mortgage Business
Regulators fined Wells Fargo & Co. $250 million for lack of progress in addressing longstanding issues in its mortgage business. The Office of the Comptroller of the Currency, one of the bank’s top regulators, said the lender had failed to fix problems it first identified in a 2018 order, in which the bank was found to have...
Business
888 stakes $3 bln to buy William Hill businesses
A branded sign is displayed outside a William Hill betting shop in London, Britain July 25, 2016. REUTERS/Neil Hall888 to buy William Hill's non-U.S. business from CaesarsExpects savings of at least 100 mln stg/year from the dealDeal classed as reverse takeover as per UK's listing rulesSept 9 (Reuters) - 888 (888.L) will buy William Hill's business...
Business
The Small Business Recovery Is Underway, but Inequalities and Challenges Persist
Since the early months of the pandemic, Facebook has been surveying small businesses around the world to find out what they’re going through and what help they need. Throughout 2020 and 2021, our State of Small Business reports have painted a consistent and sobering picture. The pandemic has been devastating for small businesses everywhere. Many...
Business
Biden Asks OSHA to Mandate Vaccines at Businesses With 100 or More Workers
New federal safety regulations that call for businesses with more than 100 workers to require vaccinations against the coronavirus will affirm mandates already in place at many companies and give cover to employers that had yet to decide.The proposed rules, which President Biden announced on Thursday, will require workers to be inoculated or face w...
Business
JPMorgan to buy majority stake in Volkswagen’s payments business
LONDON, Sept 8 (Reuters) - JPMorgan (JPM.N) has struck a deal to buy a majority stake in German car giant Volkswagen's (VOWG_p.DE) payments business ahead of a planned rollout of in-car technology that allows drivers to automatically pay for fuel or tolls.The U.S. bank has agreed to buy close to 75% of Volkswagen Payments S.A. for an undisclosed su...
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