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Business News

U.S. labor market recovery stalling; second wave of layoffs underway

The number of Americans filing for unemployment benefits fell last week, but the pace of decline appears to have stalled amid a second wave of layoffs as companies battle weak demand and fractured supply chains, supporting views that the economy faces a long and difficult recovery from the COVID-19 recession.

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Newsmakers

NexTech (OTC: NEXCF) Adds Respirator Supplier O2Canada.com to its Growing Roster of Enterprise Customers for AR Technology Services

More Global Enterprise Customers Choosing NexTech’s Augmented Reality Technologies to Power their E-Commerce Business and Gain Competitive Edge NEW YORK, June 17, Jun 17, 2020  — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an […]

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Trading Ideas

Carnival Expects to Burn $650 Million a Month While Cruise Operations Are Paused

Carnival Corp., the world’s largest cruise company, gave no clarity about when it will cruise again in a company filing released to investors on Thursday. During the company’s second quarter, which ended on May 31, it saw a net loss of $4.4 billion, or $6.07 earnings per share, preliminary results show. It is accelerating plans […] …read more […]