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So far Tim Büchner has created 5930 blog entries.

EU Leaders Remain Deadlocked on Coronavirus Recovery Plan

By |2020-07-20T00:27:15+00:00July 20th, 2020|Uncategorized|

BRUSSELS—Negotiations among the European Union’s 27 leaders for recovery plans worth €1.8 trillion ($2.06 trillion) were deadlocked late Sunday, leading to tense exchanges and fears of a breakdown. After three days of talks to agree a proposed spending package to lift Europe’s economy out of a coronavirus-sparked slump, EU leaders were still divided over the…

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DeWine warns Ohio ‘could become Florida’ as cases rise

By |2020-07-19T21:29:35+00:00July 19th, 2020|Business|

Ohio Gov. Mike DeWine said he hasn't ruled out a statewide mask mandate as he said his state was "headed in the wrong direction." Meet The Press Ohio Gov. Mike DeWine during an appearance on NBC's "Meet the Press" Sunday warned that his state "could become Florida," a current COVID-19 epicenter in the US.DeWine, who…

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Los Angeles mayor says city is ‘on the brink’ of declaring another stay-at-home order

By |2020-07-19T21:29:34+00:00July 19th, 2020|Business|

LA Mayor Eric Garcetti said that the city is "on the brink" of another stay-at-home order on Sunday.During an appearance on CNN, Garcetti criticized a lack of national leadership on stopping COVID-19.Last week, Los Angeles County broke its record for a single day, with more than 4,500 new coronavirus cases on Thursday.Visit Business Insider's homepage…

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Winning Streak of Big Cities Fades With 2020 Crises

By |2020-07-19T20:26:50+00:00July 19th, 2020|Uncategorized|

During the past quarter-century, many American cities flourished as crime tumbled and educated young workers moved to revitalized downtowns, changing the economic and political landscape of the nation. Three major shocks now threaten to upend that urban renaissance: The coronavirus is preying on densely packed places; anger over policing is producing social unrest reminiscent of…

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Hong Kong Teachers Fired and Afraid as China Targets Liberal Thinkers

By |2020-07-19T18:26:54+00:00July 19th, 2020|Uncategorized|

HONG KONG—Hong Kong teachers who backed antigovernment protests—by taking to the streets or supporting the demonstrators on social media—are being reprimanded and, in some cases, fired as China’s Communist Party moves to stamp out dissent. Many observers say they fear the city’s tradition of liberal education and critical thinking will be supplanted by Chinese-style pro-government…

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New Mexico’s Governor, a Possible Biden Running Mate, Stands Firm on Coronavirus Restrictions

By |2020-07-19T18:26:53+00:00July 19th, 2020|Uncategorized|

New Mexico House Speaker Brian Egolf took a sip of water after a 2019 meeting with Gov. Michelle Lujan Grisham and found his bottle full of salt. While he was out of the room, she had poured in, he estimated, about 17 packets’ worth. Known among some for her practical jokes, Ms. Lujan Grisham says…

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New Mexico’s Governor, a Possible Biden Running Mate, Stands Firm on Coronavirus Restrictions

By |2020-07-19T16:27:27+00:00July 19th, 2020|Uncategorized|

New Mexico House Speaker Brian Egolf took a sip of water after a 2019 meeting with Gov. Michelle Lujan Grisham and found his bottle full of salt. While he was out of the room, she had poured in, he estimated, about 17 packets’ worth. Known among some for her practical jokes, Ms. Lujan Grisham says…

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With Budgets Under Pressure, Colleges Cut Country-Club Staples Like Golf and Tennis

By |2020-07-19T16:27:26+00:00July 19th, 2020|Uncategorized|

Colleges eager to cut costs amid a financial crisis brought on by the coronavirus pandemic have settled on an easy target: low-profile sports that don’t draw many spectators, attract a disproportionate number of white or foreign athletes and are relatively pricey to operate. Schools ranging from highly selective private institutions like Stanford University to public…

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Schools Ask Athletes to Accept Health Risks Amid the Pandemic

By |2020-07-19T14:27:08+00:00July 19th, 2020|Uncategorized|

As the power brokers of college football frantically maneuver to save the 2020 season, some are asking a very big favor from their athletes: accept the risk of playing during the coronavirus pandemic. A number of schools have required or encouraged athletes to sign forms acknowledging the health risks of playing during the pandemic, and…

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Some Companies Got Both Government Contracts and PPP Loans

By |2020-07-19T14:27:07+00:00July 19th, 2020|Uncategorized|

WASHINGTON—Some government contractors took out loans from the Paycheck Protection Program even as they were paid for government work during the pandemic, a Wall Street Journal analysis shows. The forgivable loans were a lifeline for thousands of hard-hit businesses whose revenue evaporated this spring. Many contractors also judged themselves eligible even though they were working…

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Iran could flood the market with millions of barrels of oil if Joe Biden becomes president, one of Wall Street’s top analysts says

By |2020-07-19T13:27:36+00:00July 19th, 2020|Business|

The oil market is not considering the threat of a Joe Biden victory in the US election, a renowned oil analyst warned this week.  RBC Capital Markets' Helima Croft told Business Insider that a Biden victory could lead to the renegotiation of the Iran Nuclear Deal, which could in turn see Iran up international oil…

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President Trump’s niece Mary Trump taunted her uncle on Twitter by boasting about higher TV ratings

By |2020-07-19T13:27:35+00:00July 19th, 2020|Business|

President Trump's niece, Mary Trump, taunted her uncle by boasting about how her recent MSNBC interview got more views than his last Fox News interview in June."5.23 million v. 5.11 million," Mary Trump tweeted on Friday night, with a thoughtful emoji.She also added the hashtag "#seldomseen" — a reference to an attack made by the…

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Twitter Hack Revives Concerns Over Its Data Security

By |2020-07-19T12:26:52+00:00July 19th, 2020|Uncategorized|

The hack last week that exposed Twitter Inc.’s longstanding security issues started with a process familiar to almost every internet user: the password reset. In part by manipulating Twitter employees via a technique known as social engineering, hackers were able to change the passwords on 45 accounts without the owners being aware, according to the…

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Auto Makers Charge Ahead With Electric-Vehicle Plans

By |2020-07-19T12:26:51+00:00July 19th, 2020|Uncategorized|

Pressure is building on General Motors Co., Volkswagen AG and other major auto makers to deliver on their electric-vehicle plans, as investor enthusiasm for the technology has grown in recent months. Despite some coronavirus-related setbacks, car companies in the coming months are expected to unleash a wave of new plug-in models in an effort...

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U.S. Companies Lose Hope for Quick Rebound From Covid-19

By |2020-07-19T10:27:31+00:00July 19th, 2020|Uncategorized|

Big U.S. companies are deciding March and April moves won’t cut it. The fierce resurgence of Covid-19 cases and related business shutdowns are dashing hopes of a quick recovery, prompting businesses from airlines to restaurant chains to again shift their strategies and staffing or ramp up previous plans to do so. They are turning furloughs…

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‘A Powerful Force’: Tesla’s Momentum Leads Stock-Market Surge

By |2020-07-19T10:27:30+00:00July 19th, 2020|Uncategorized|

Eric Perkins believes Tesla Inc. shares have climbed too quickly, to heights the company’s earnings can’t sustain. He’s still not selling. A 44-year-old living outside San Diego, Mr. Perkins says he normally would sell to lock in a profit when a stock quadruples in four months. But after missing past Tesla rallies, he is determined…

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Oregon sues feds over agents grabbing people off streets

By |2020-07-19T05:27:40+00:00July 19th, 2020|Business|

Oregon officials are suing to stop federal agents from "unlawfully detaining" people in Portland.The lawsuit said unidentified federal agents have grabbed people off Portland's streets "without warning or explanation, without a warrant, and without providing any way to determine who is directing this action."The arrests come amid weeks of nightly protests, and the agents have…

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WHO recorded the 2nd daily record for new coronavirus cases in row

By |2020-07-19T05:27:39+00:00July 19th, 2020|Business|

The World Health Organization on Saturday reported a second single-day record of new confirmed coronavirus cases.The organization announced 259,848 new cases on Saturday after recording more than 237,000 confirmed cases on Friday identified around the world.  A database by The New York Times said the US shattered its single-day record for new cases on July 16…

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Canada Bars Blue Jays From Playing Home Games in Toronto

By |2020-07-19T00:27:37+00:00July 19th, 2020|Uncategorized|

Canada won’t allow the Blue Jays to play Major League Baseball games in Toronto this season, citing the risk posed by team players and staff traveling to parts of the U.S. where the risk of Covid-19 transmission is elevated. The country’s immigration minister, Marco Mendicino, issued the ruling Saturday, just five days before the start…

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Canada Bars Blue Jays From Playing Home Games in Toronto

By |2020-07-18T21:28:26+00:00July 18th, 2020|Uncategorized|

Canada won’t allow the Blue Jays to play Major League Baseball games in Toronto this season, citing the risk posed by team players and staff traveling to parts of the U.S. where the risk of Covid-19 transmission is elevated. The country’s immigration minister, Marco Mendicino, issued the ruling Saturday, just five days before the start…

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Disney Slashed Ad Spending on Facebook Amid Growing Boycott

By |2020-07-18T21:28:25+00:00July 18th, 2020|Uncategorized|

Walt Disney Co. has dramatically slashed its advertising spending on Facebook Inc., according to people familiar with the situation, the latest setback for the tech giant as it faces a boycott from companies upset with its handling of hate speech and divisive content. Disney was Facebook’s top U.S. advertiser for the first six months of…

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Even Kanye West can’t save Gap, UBS says in brutal report on the retailer’s Yeezy deal

By |2020-07-18T21:28:20+00:00July 18th, 2020|Business|

Dimitrios Kambouris / Getty Images This story is available exclusively on Business Insider Prime. Join BI Prime and start reading now. Gap Inc.'s shares soared as much as 42% after the company announced a 10-year deal with Kanye West to design a Yeezy line of clothing for Gap's stores and website. But UBS said Friday that…

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COVID-19, coronavirus pandemic changed 2020 election and elections forever

By |2020-07-18T21:28:19+00:00July 18th, 2020|Business|

Coronavirus pandemic measures such as social distancing have completely changed what political campaigns look like in 2020.Campaigns will have to adapt to and embrace the notion of impacting voters via technologyCampaigns have to come up with meaningful ways to reach voters virtually — not just with Facebook posts or tweets — in order to be…

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Career Reboot: She Followed Her Heart Into Data Analytics

By |2020-07-18T17:27:43+00:00July 18th, 2020|Uncategorized|

Martha Jones once had her heart set on a law career. “I thought I wanted to go to law school post-undergrad, but I wanted to get some experience working,” said the 27-year-old. After graduating from Temple University in Philadelphia, she moved to Washington, D.C., and worked first as a legal aide, then as a recruiter…

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Face Masks Really Do Matter. The Scientific Evidence Is Growing

By |2020-07-18T15:26:48+00:00July 18th, 2020|Uncategorized|

Face masks are emerging as one of the most powerful weapons to fight the novel coronavirus, with growing evidence that facial coverings help prevent transmission—even if an infected wearer is in close contact with others. Robert Redfield, director of the Centers for Disease Control and Prevention, said he believes the pandemic could be brought under…

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Tens of Thousands March in Russia’s Far East, Defying Kremlin

By |2020-07-18T13:27:01+00:00July 18th, 2020|Uncategorized|

MOSCOW—Tens of thousands of people in Russia’s Far East marched in protests triggered by the arrest of a popular regional governor, but that have since morphed into a wave of growing dissatisfaction over social issues and the rule of President Vladimir Putin. Saturday’s demonstrations marked the eighth consecutive day of public actions since the July…

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Depleted Trump Economic Team Faces Major Test Over Extending Coronavirus Relief Efforts

By |2020-07-18T13:27:00+00:00July 18th, 2020|Uncategorized|

The White House’s freewheeling approach to policy-making faces a key test next week as negotiations begin with Congress over extending emergency economic relief measures during the coronavirus pandemic. The stakes are high. Economists say the next aid package will be critical in shaping the pace of recovery from the biggest economic crisis since the Great…

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Bio: Bill Stepien, new Trump campaign manager and former Christie aide

By |2020-07-18T13:26:54+00:00July 18th, 2020|Business|

Bill Stepien was named President Trump's new campaign manager on Wednesday, replacing his old boss Brad Parscale.This shift comes after the release of new poll numbers showing former Vice President Joe Biden in a doubt-digit lead over Trump. Stepien was first brought onto the Trump campaign in 2016, two years after he was fired by New…

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Twitter: 8 accounts had all their data downloaded in giant hack

By |2020-07-18T13:26:53+00:00July 18th, 2020|Business|

Twitter gave an update late on Friday on its investigation into the highly visible hack of dozens of verified accounts on Wednesday.Twitter said 130 accounts were targeted, of which 45 had their passwords reset and tweets sent by the hackers.Up to eight accounts also had their data fully downloaded by the hackers. None were Verified…

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Firms With Troubled Pasts Got Millions of Dollars in PPP Small-Business Aid

By |2020-07-18T11:26:48+00:00July 18th, 2020|Uncategorized|

Last November, a federal judge ordered an asset freeze against a California company that the Federal Trade Commission accused of pretending to be working with the Education Department and promising student-loan debt relief that never materialized. Six months later, the company, Arete Financial Group, got a lifeline from the federal government’s Paycheck Protection Program. Arete,…

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What Banks Tell Us About Covid-Era Business: ‘Everybody Is, Bluntly, Struggling’

By |2020-07-18T11:26:47+00:00July 18th, 2020|Uncategorized|

Big banks expect the coronavirus recession to cut a wide swath through corporate America. When they reported second-quarter earnings this past week, big U.S. lenders said they don’t expect the U.S. economy to pull out of its slump soon. A protracted downturn, bank executives said, bodes poorly for all manner of American businesses, even those…

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Twitter Says Hackers Downloaded Some Users’ Personal Data in Recent Attack

By |2020-07-18T07:27:09+00:00July 18th, 2020|Uncategorized|

Twitter Inc. said the hackers behind this week’s attack on its systems and high-profile users walked away with some personal information, indicating that the perpetrators carried out more than a cryptocurrency-related scam. In its fullest accounting so far of the hack, Twitter said late Friday the attackers targeted 130 accounts and reset passwords on 45…

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The Next Phase of the Retail Apocalypse: Stores Reborn as E-Commerce Warehouses

By |2020-07-18T05:27:42+00:00July 18th, 2020|Uncategorized|

When Litisha Thomas heard through the gossip mill that the shuttered Sam’s Club where she’d worked for 11 years might be reopening in her rural North Carolina hamlet, she immediately jumped on an internet job board to see if it was hiring. It was, but this wasn’t a conventional reopening. Sam’s Club, the discount shopping…

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The Dimming of GE’s Bold Digital Dreams

By |2020-07-18T05:27:41+00:00July 18th, 2020|Uncategorized|

In early 2014, the High-Impact Innovation Team in General Electric Co.’s Connecticut headquarters received an urgent call: It was time to present one of their apps to Jeff Immelt. The chief executive had an expanding interest in tech, having promised an “industrial internet” that GE would help build for the world. It was the job…

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Georgia congressman and civil rights icon John Lewis has died at age 80

By |2020-07-18T05:27:36+00:00July 18th, 2020|Business|

Rep. John Lewis of Georgia died late Friday at the age of 80, according to multiple reports.Lewis was a decorated US civil rights icon. He was the last surviving speaker of the March on Washington and one of the original Freedom Riders.He rose to national prominence after leading more than 600 peaceful demonstrators across the…

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American Board of Surgery online testing plan fails

By |2020-07-18T05:27:35+00:00July 18th, 2020|Business|

An exam taken by surgeons in the US saw its online system fail Thursday, leaving more than 1,000 aspiring surgeons in the dark on when — or if — they will take the test.The test is a critical and costly part of transitioning from medical resident to a board-certified surgeon. The American Board of Surgery runs…

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Hospitals Appeal Decision Upholding Disclosure of Rates Negotiated With Insurers

By |2020-07-18T03:27:17+00:00July 18th, 2020|Uncategorized|

The American Hospital Association on Friday appealed a decision upholding a Trump administration rule that requires hospitals disclose the rates they negotiate with insurance companies that aren’t made public. The trade group argued the rule goes against congressional intent and is based on an unlawful interpretation of federal law, according to its filing with the…

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In Portland, Protests Continue and Federal Agents Arrive, Raising Tensions

By |2020-07-17T23:26:53+00:00July 17th, 2020|Uncategorized|

PORTLAND, Ore.—On the 47th consecutive day of protests in this city, more than 200 people marched across the Morrison Bridge into the center of downtown to hear a speech by a Black woman who said her son had been killed by police. Most left after the event ended at dusk on Tuesday, but a couple…

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FTC Considering Deposing Top Facebook Executives in Antitrust Probe

By |2020-07-17T23:26:52+00:00July 17th, 2020|Uncategorized|

The Federal Trade Commission is considering taking sworn testimony from Facebook Inc. Chief Executive Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg as part of its investigation into whether the social-media giant has violated U.S. antitrust laws, according to people familiar with the matter. Top Facebook officials are preparing for potential depositions and some are…

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CVS Covid-19 Test Results Are Taking Longer Than Customers Have Been Told

By |2020-07-17T19:27:39+00:00July 17th, 2020|Uncategorized|

As coronavirus cases surge across the U.S., wait times for many people tested by pharmacy chain CVS Health Corp. are stretching longer than they were told to expect. CVS, the biggest retail-chain conductor of Covid-19 tests in the U.S., on Monday instructed some employees administering tests to tell customers that it typically takes five to…

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Trump Administration Weighs Troop Cut in South Korea

By |2020-07-17T17:27:49+00:00July 17th, 2020|Uncategorized|

The Pentagon has presented the White House with options to reduce the American military presence in South Korea as the two countries remain at odds over President Trump’s demand that Seoul greatly increase how much it pays for the U.S. troops stationed in the country, U.S. officials said. The Pentagon’s Joint Staff has reviewed the…

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A Spymaster Ran Off, and Saudis Say Billions Went Missing. They Want Him Back.

By |2020-07-17T17:27:48+00:00July 17th, 2020|Uncategorized|

Saad al Jabri was America’s closest antiterrorism contact in the Arab world for more than 15 years, beginning after the 9/11 attacks. The Saudi spymaster had informants, access to billions of government dollars, close relationships with key members of the royal family and an ability to get things done that Americans found rare among their…

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Traveling During the Pandemic Is Possible. But Can You Do It Safely?

By |2020-07-17T15:27:56+00:00July 17th, 2020|Uncategorized|

Now Playing 7/17/2020 7:19AM      In many places around the world, holiday travel is permitted again. So how do you travel safely if you want to go on vacation this summer? WSJ’s George Downs takes a weekend trip to find out. Photo composite: George Downs Up Next Editor Picks Shelf 5:21 South Korea’s Key Weapon to…

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The Making of A College-Admissions Con Man

By |2020-07-17T15:27:55+00:00July 17th, 2020|Uncategorized|

By Jennifer Levitz and Melissa Korn July 17, 2020 11:02 am ET Seventeen years before he pleaded guilty to running the nationwide college-admissions cheating scheme exposed by federal authorities last year in Operation Varsity Blues, William “Rick” Singer made a strong impression in Omaha, Neb., where he showed how far he was willing to go…

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Traveling During the Pandemic Is Possible. But Can You Do It Safely?

By |2020-07-17T13:27:09+00:00July 17th, 2020|Uncategorized|

Now Playing 7/17/2020 7:19AM      In many places around the world, holiday travel is permitted again. So how do you travel safely if you want to go on vacation this summer? WSJ’s George Downs takes a weekend trip to find out. Photo composite: George Downs Up Next Editor Picks Shelf 5:21 South Korea’s Key Weapon to…

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Co-CEOs Are Out of Style. Why Is Netflix Resurrecting the Management Model?

By |2020-07-17T13:27:08+00:00July 17th, 2020|Uncategorized|

Netflix Inc.’s decision to elevate the company’s chief content officer to co-chief executive, sharing the power and the spotlight with co-founder Reed Hastings, highlights a relatively rare management arrangement: dual chief executives. In the S&P 500, few companies have co-CEO arrangements, and a number have recently abandoned the structure, slimming down to a lone executive…

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Trump judges clear the way for resumed federal executions

By |2020-07-17T13:27:03+00:00July 17th, 2020|Business|

Two federal death row inmates have been executed this week, the first time that's happened in 17 years. Another is expected to be put to death on Friday.The sudden policy shift came after four of President Trump's judicial appointees played pivotal roles on decisions clearing the way for the Justice Department to resume federal executions.More…

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Government report says students should go back to school

By |2020-07-17T13:27:02+00:00July 17th, 2020|Business|

A new report provides guidance on how schools can reopen as safely as possible but one of its authors thinks the US has 'failed children.' izusek/Getty Images The National Academies of Sciences, Engineering, and Medicine released its guidance on reopening schools on Wednesday.A committee member behind the report told NPR that the guidance comes after…

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China’s Plan to Conquer the Moon, Mars and More

By |2020-07-17T11:27:25+00:00July 17th, 2020|Uncategorized|

This summer, the planets favorably align for spacecraft to reach Mars with the least amount of fuel. China is among the countries undertaking the mission while working on bigger ambitions that could challenge the U.S.’s leadership in space. ...

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BlackRock’s Profit Jumps on ETF, Technology Services

By |2020-07-17T11:27:24+00:00July 17th, 2020|Uncategorized|

Money management giant BlackRock Inc.’s quarterly profit rose 21% as investors leaned on its bond funds to make new bets in volatile markets roiled by the coronavirus pandemic. The investment firm posted second-quarter profit of $1.2 billion, or $7.85 a share, up from the year-prior period of $1 billion, or $6.41 a share. Its revenue rose…

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