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February 27, 2021

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European fintech firm Revolut plans to apply for U.S. banking license

October 20, 2020October 14, 2020 - by skydive-illinoiscom

Digital banking app Revolut is planning to apply for a bank charter with the Federal Reserve Bank of San Francisco and California’s Division of Financial Institutions within weeks. Even though …

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Business

World stocks zoom to five-week highs on economic, stimulus hopes

October 19, 2020October 14, 2020 - by skydive-illinoiscom

Global stocks scaled five-week highs Monday on hopes that more government stimulus would come and that the world economy was on the mend, while the Chinese yuan retreated from a …

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Business

Mountain Valley says natural gas pipeline timing depends on litigation, U.S. approvals

October 18, 2020October 14, 2020 - by skydive-illinoiscom

Equitrans Midstream Corp said on Monday it will evaluate the cost and timing of the completion of the Mountain Valley natural gas pipeline based on ongoing litigation and upcoming federal …

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Business

Oil prices fall 3% as U.S., Libyan, Norwegian supplies resume

October 17, 2020October 14, 2020 - by skydive-illinoiscom

Oil prices settled about 3% lower on Monday as force majeure at Libya’s largest oilfield was lifted, a Norwegian strike affecting production ended and U.S. producers began restoring output after …

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Business

French Airbus workers sign key restructuring deal

October 16, 2020October 14, 2020 - by skydive-illinoiscom

Major French unions on Monday signed a keenly awaited labor deal with Europe’s Airbus AIR.PA covering job reductions and furloughs for production workers affected by coronavirus-blighted demand for passenger jets. …

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Business

Gaming platform Roblox confidentially files to go public

October 15, 2020October 14, 2020 - by skydive-illinoiscom

U.S. gaming platform Roblox Corporation said here on Monday it has confidentially submitted paperwork with the Securities and Exchange Commission to go public. Roblox was seeking to go public early …

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Business

Adobe puts artificial intelligence tools into its marketing software

October 14, 2020 - by skydive-illinoiscom

Adobe Inc ADBE.O said on Monday that it has put a new set of artificial intelligence tools into its digital marketing software with the aim of helping companies sharpen their …

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