Goldman Sachs: Unemployment Could Remain High For Next 2 Years

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Goldman Sachs: Unemployment Could Remain High For Next 2 Years

High unemployment could remain a constant for the next two years as people struggle to find jobs, according to Goldman Sachs. The numbers could remain stagnant because of the policies adopted in several countries that discourage returning to work, …
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Boeing restarted 737 Max production just hours after saying it would lay off thousands of workers

Boeing has resumed production of the 737 Max, the same day it announced it was laying off nearly 7,000 workers. The plane was grounded worldwide in March 2019, and production had been suspended since January 2020. Boeing has about 450 …
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US FDA finds high levels of carcinogen in diabetes drug metformin

(Reuters) – The U.S Food and Drug Administration said on Wednesday it had found high levels of a possible cancer-causing impurity in some versions of the popular diabetes drug metformin. The agency is reaching out to companies whose drugs had …
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Cape May County, its towns, lifting coronavirus restrictions on rental homes and ocean swimming

Short-term rentals, banned for nearly two months due to the coronavirus, are again allowed in Cape May County, effective immediately with some limitations. The Cape May County Freeholder Board voted 4-0 Tuesday to allow the resumption of short-term via …
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Billionaire Icahn exits Hertz with 'significant' loss after bankruptcy filing

(Reuters) – Billionaire investor Carl Icahn, who was the largest shareholder in Hertz Global Holdings Inc, unloaded his entire stake in the rental car company at a “significant loss” days after it filed for bankruptcy protection. According to a regulatory filing …
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