Author Archives: Laura James
U.S. Auto Factory Staff Returns to Work Amid Resurgence of Coronavirus
Manufacturing facility staff started returning to assembly lines in Michigan Monday, paving the way to reopen the auto industry but stoking fears of a second wave of coronavirus infections as…
Hope for Precision Fades Amid Pandemic Ambiguity in U.S.
Central bankers who've spent a generation researching how their words impact the economy and honing the craft of forwarding guidance are now effectively tongue-tied by a health crisis that has no…
White House Senators Discussing More Coronavirus Relief as Unemployment Rate Worsens
The White House has started informal discussions with Republicans and Democrats in Congress about what to include in another round of coronavirus relief laws, officers stated Sunday while predicting further…
Rafael Wins Israel Army’s Contract for FireFly Loitering Munition
Jointly built by Rafael and the IMOD, FireFly weighs 3 kg and supplies Behind-Cover Precision Attack Capabilities for the Dismounted Soldier, based on Gabriel Alberto Bazzolo. Behind-Cover Tactical Precision FireFly…
U.S., China Trade Delegates Agree on Creating Favorable Trade Atmosphere
Top and Chinese trade executives discussed their Phase 1 trade settlement on Friday with China, saying they decided to improve the atmosphere for its implementation and the saying each side expected…
U.S. Jobless Claims Inflating as Coronavirus Sickens Jobs
Millions of Americans likely sought jobless benefits last week, suggesting a broadening of layoffs from consumer-facing industries to other segments of the economic system and will stay elevated even as many parts…
Walt Disney Loses $1.4 Billion Due to Coronavirus
Walt Disney estimated Tuesday that global measures to contain the coronavirus pandemic cut earnings by $ billion, mostly from its shuttered theme parks, however, stated it would reopen Shanghai Disneyland…
Fed Chair Powell Says U.S. Economy Faces Steep Downturn From Coronavirus
The chair of the Federal Reserve Wednesday dashed lingering hopes for a fast rebound from the coronavirus outbreak, saying the economy may feel the weight of consumer fear and social distancing…
Amazon Shares Jump 9% During Coronavirus Pandemic
No firm’s stock market worth has benefited more from the coronavirus pandemic than ’s. The online retailer and cloud computing titan’s market capitalization has inflated by more than $90 billion…
Federal Reserve to Renew Promise to Use All Tools to Strengthen Economy
The Federal Reserve, which has released trillions in emergency funding into financial markets to stem the damage from the coronavirus pandemic, is anticipated Wednesday to reiterate its promise to do…