Jack Dorsey invites you to follow along via Google Docs as he spends $1 billion on COVID-19 relief

Jack Dorsey has officially thrown his hat in the rich-person-fighting-COVID-19 ring.  Dorsey, the CEO of both Twitter and Square, announced on Tuesday that he will transfer a significant portion of his equity in the latter company to an LLC. The … Read more…

Facebook and Google see surge in online activity, still expected to see combined ad revenue hit of $44 billion

Facebook and Google generate around $ 200 billion per year in advertising revenue, so you’d think that this period of self-isolation and working from home is driving more use of their services and thus, more revenue. However, brands are in … Read more…

Airlines are going to lose $10-12 billion a month amid coronavirus, says Airlines for America’s Calio

CNBC’s “Squawk Box” team is joined by Nicholas Calio of Airlines of America, a trade group, to discuss why the government should bail out the airlines amid the coronavirus pandemic. Travel BEST TRAVEL DEAL: Find Great Deals At Radisson’s Official … Read more…

Hospitals set up coronavirus tents, seek emergency credit and $100 billion in US aid as they face onslaught of cases

At Mount Sinai Health System’s Morningside hospital in New York City, the number of coronavirus patients at the 500-bed facility doubled in two days this week. US Top News and Analysis COMMUNITY NEWS UPDATE: Click today to request your free … Read more…

Must Read: Reese Witherspoon Covers ‘Vanity Fair’, Fashion’s $150 Billion Coronavirus Revenue Loss

These are the stories making headlines in fashion on Tuesday. Reese Witherspoon covers Vanity Fair April issueReese Witherspoon has been wearing many hats outside of the acting realm with her own production company and widely loved digital book club. As … Read more…

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

“The coronavirus outbreak has harmed communities and disrupted economic activity in many countries,” the Fed said. International: Top News And Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off … Read more…

New Report: If Financial Inclusion For Black Americans Was Fully Achieved, Financial Services Firms Could Collect An Extra $60 Billion In Annual Revenue

The nation’s financial services industry could collect tens of billions of dollars in extra annual revenue if black Americans had access to the sector’s entire products and services. That revelation came from The Case for Accelerating Financial Inclusion in Black … Read more…

Australia sues Facebook for $529 billion. That’s more than the government makes in a year.

Facebook is being sued by the Australian government for allegedly violating the country’s privacy laws, with requested damages potentially reaching $ 529 billion. The Cambridge Analytica data scandal may have been years ago now, but its effects still linger on. … Read more…

Coronavirus live updates: China allocates $16 billion for prevention efforts, South Korea reported 438 new cases

China allocated 110.48 billion yuan ($ 16 billion) for virus prevention and control, Vice Finance Minister Xu Hongcai said. US Top News and Analysis COMMUNITY NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…

California regulator proposes record $2.14 billion fine on PG&E over wildfires

California’s utilities regulator has proposed an increased $ 2.14 billion fine on PG&E Corp for its role in causing the devastating 2017 and 2018 wildfires in Northern California. Reuters: Environment BEST DEAL UPDATE: That extra fluffy kind of happy (300×250)” … Read more…

Hong Kong plans $15 billion spending to support its economy amid coronavirus outbreak

Hong Kong is expected to register “an all-time high” fiscal deficit of 139.1 billion Hong Kong dollars, said the city’s Financial Secretary Paul Chan. Health and Science U.S.HEALTHCARE UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…

Wells Fargo to pay $3 billion in settling criminal and civil investigations into its fraudulent sales practices

The settlement represents the latest government penalties for Wells Fargo and its former management for malfeasance. US Top News and Analysis COMMUNITY NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off … Read more…

Exclusive: Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory – sources

U.S. electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan ($ 1.4 billion), five-year loan facility for the automaker’s Shanghai car plant, three sources familiar with the matter said, part of … Read more…

Japan launches $122 billion stimulus to fight trade risks, post-Olympic slump

Japan’s cabinet approved a $ 122 billion fiscal package on Thursday to support stalling growth in the world’s third-largest economy amid offshore risks and as policymakers look to sustain activity beyond the 2020 Tokyo Olympics. Reuters: Business News SPECIAL DISCOUNT … Read more…

Barclays earnings hit by £1.4 billion in insurance claims but investment banking profits rise

Barclays reported a third-quarter net loss of £292 million Friday, as difficult market conditions and concerns over Brexit continue to weigh. World News & Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…

Second-hand fashion site Vinted “fritters money away” despite €1.3 billion business

After nearly defaulting in 2016, the second-hand apparel and accessories website has become a key player in Europe, with France its stalwart, and is now focused on extending its product range to become profitable. News – FashionNetwork.com USA BEST DEAL … Read more…

Opioid Drugmaker Purdue Pharma Offers $10-$12 Billion To Settle Lawsuits | MTP Daily | MSNBC

MTP Daily with Chuck Todd | MSNBC SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s … Read more…

How a coffee shop business turned into Australia’s fastest-growing $1 billion start-up

In just three years, payments platform Airwallex has achieved much-coveted unicorn status, completing the company's transformation from a humble coffee shop. Top News & Analysis COMMUNITY NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…

Warren’s massive $640 billion student loan cancellation questioned over fairness to students who paid off their debts

Democrat Elizabeth Warren’s plan to cancel existing student loan debt for millions of Americans is facing questions whether it’s fair to use taxpayers’ money to pay off someone else’s agreed commitments and if the people who paid off their student … Read more…