Google Alert - Business

	Business Daily update ⋅ May 7, 2020
	NEWS
	CNN The US is becoming the king of debt. It's a necessary risk CNN New York (CNN Business) President Donald Trump is living up to his self-given nickname "King of Debt." On his watch, the United States has borrowed aggressively -- during the good times, and now the bad times. Instead of whittling down the federal deficit ... Flag as irrelevant
	Wall Street Journal Pressure on Turkey's Economy Builds as Lira Heads to Record Low Wall Street Journal The Turkish lira slid to its lowest level in two years Wednesday as investors speculated that its central bank would struggle to stem the currency's decline amid the coronavirus economic crunch. The lira dropped 1.1% against the dollar, with one dollar buying ... Flag as irrelevant
	Adweek Disney Will Hold Upfront Roadshow Instead of a Single Livestreamed Event Adweek Key insights: Given how the pandemic has disrupted advertising, Disney felt a one-size-fits-all livestream would be "tone deaf." If the new upfront format is successful, it could become Disney's "new normal." When Disney first canceled its upfront presentation ... Flag as irrelevant
	Wall Street Journal Coronavirus Projected to Send Eurozone Into Steep Recession Wall Street Journal BRUSSELS—The eurozone economy will suffer "a recession of historic proportions this year" because of the coronavirus pandemic, European Union officials predicted, with soaring national debts entrenching economic divisions between countries that could ... Flag as irrelevant
	The New York Times The European Union Is Facing Its Worst Recession Ever. Watch Out, World. The New York Times BRUSSELS — The good news for Europe is that the worst of the pandemic is beginning to ease. This week deaths in Italy hit a nearly two-month low. And the German leader Angela Merkel announced that schools, day care centers and restaurants would ... Flag as irrelevant
	The New York Times GLOBAL MARKETS-World shares subdued amid mixed earnings; oil falters Reuters ... * Earnings weigh in Europe. * Chinese shares reverse losses on CNY fixing. * Oil ends multi-day winning streak. * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr. By Tom Arnold. LONDON, May 6 (Reuters) - Global shares struggled on Wednesday ... Flag as irrelevant
	Reuters Germany's Bundesbank will have to shoulder the ECB's legal fight: sources Reuters FRANKFURT (Reuters) - Germany's central bank will have to take the lead in persuading authorities that the European Central Bank has not exceeded its powers to avoid compromising the ECB's independence as the euro zone's policymaker, three sources ... Flag as irrelevant
	CNN Trump ally Louis DeJoy named next postmaster general CNN (CNN) Longtime Trump ally and fundraiser Louis DeJoy will serve as the new postmaster general for the US Postal Service, the USPS Board of Governors announced Wednesday. The board unanimously appointed DeJoy on Wednesday to helm the agency ... Flag as irrelevant
	Reuters US crude stockpiles rise less than expected, distillates jump sharply Reuters (Reuters) - U.S. crude oil stockpiles rose less than forecast and distillate inventories jumped but gasoline posted a drawdown for the second straight week, the Energy Information Administration said on Wednesday. FILE PHOTO: The sun is seen behind a ... Flag as irrelevant
	Reuters Occidental looks to raise cash, swap debt as oil prices pressure finances Reuters HOUSTON (Reuters) - Occidental Petroleum Corp (OXY.N) said on Wednesday it was looking to raise new cash or swap debt for stock, a day after it posted a large first-quarter loss, sending its stock down 7%. FILE PHOTO: The logo for Occidental Petroleum ... Flag as irrelevant
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