July UK consumer confidence remains depressed

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July UK consumer confidence remains depressed

Consumer confidence in the U.K. steadied at depressed levels in July despite the reopening of entertainment venues such as pubs and restaurants early in the month, data from German market-research institute GfK showed Friday. The GfK consumer …
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Arnold & Porter settles DOJ immigration bias claims over legal project staffing

Arnold & Porter Kaye Scholer has settled claims that it instructed a recruiter not to staff one of its U.S. projects with non-citizens or dual citizens, in violation of the anti-discrimination provision of the Immigration and Nationality Act, the Justice Department said …
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Intel chip delay forces shift to using more outside factories, shares drop

(Reuters) – Intel Corp (INTC.O) said on Thursday its new 7-nanometer chip technology was six months behind schedule and it would consider farming out more work to outside semiconductor foundries, eroding a founding principle that manufacturing is key to …
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Rise in Unemployment Claims Signals an Economic Reversal

New state unemployment claims increased last week for the first time in nearly four months, disturbing evidence that the struggling economy is backsliding at a time when coronavirus cases are on the rise. After a flood of claims as the pandemic shut …
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Twitter adds users, but revenue sinks

Twitter Inc. reported strong user growth but experienced lingering impacts from the coronavirus pandemic in its latest quarter, as the company navigates a rocky advertising climate and the fallout from a major security breach. On Thursday, the San Francisco …
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