Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers. The price for a container of goods from China…
The internet industry is suing California over its…
Google CEO: Net neutrality 'a principle we all need to fight for' The internet industry is suing the state of California over its days-old net neutrality law. The lawsuit, filed on Wednesday by major trade…
Taxpayers can avail benefits of investments done till…
With a view to helping taxpayers avail full benefit of various Covid-induced timeline extensions, the return forms for FY 2019-20 (Assessment Year 2020-21) are being revised, the CBDT said today. The same shall be notified…
Biotech stocks surge as people are ‘hungry’ for…
Scientist Xinhua Yan works in the lab at Moderna in Cambridge, MA on Feb. 28, 2020. Moderna has developed the first experimental coronavirus medicine, but an approved treatment is more than a year away.David L.…
Group of non-bank lenders to issue pooled debt…
Kolkata: A group of non-bank lenders, including microfinance firms, is likely to issue pooled debt instruments such as bonds together to gain bargaining power on price as they are looking to tap the separate liquidity…
Aston Martin falls 5% in its London IPO
You could own James Bond's car Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $ 5 billion. But its first day of trading…
New York City businesses are staying open by…
A worker at NYC-based tech company Adafruit makes a face shield during the coronavirus pandemic in 2020.Adafruit.comAcross New York City, businesses hardly resemble their pre-pandemic operations. Fashion designers are sewing face masks instead of garments,…
After earlier confusion, filing requirements are waived and…
Secretary of the Treasury Steven Mnuchin speaks with President Donald J. Trump and members of the coronavirus task force during a briefing in response to the COVID-19 coronavirus pandemic on Thursday, April 02, 2020 in…
Activist investors are set to capitalize on the…
From 2007 through 2019, I wrote the weekly Activist Spotlight column at Barron's. I have now joined the CNBC team and will be writing the weekly update exclusively for CNBC readers. Due to the coronavirus…