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Japanese businessmen brighten makeup industry amid pandemic

Apr 20, 2021
The coronavirus pandemic has pushed many businesses in Japan to the edge of financial ruin, but Takumi Tezuka, who owns a makeup and hair salon for men in Tokyo, has seen his customer base expand. Japanese businessmen in their 40s, 50s and 60s who had little interest in cosmetics before the pandemic are increasingly visiting Tezuka's salon, Ikemen-Works, hoping for a better look in online meetings.

One of largest casino projects on Vegas Strip sets opening

Apr 20, 2021
One of the biggest casino projects ever on the Las Vegas Strip has set a date to open, after more than seven years of planning and building. Resorts World Las Vegas announced Monday that it will open to the public June 24 and began taking reservations for more than 3,500 rooms at its three Hilton-branded hotels.

Scrutiny of Tesla crash a sign that regulation may be coming

Apr 20, 2021
The fiery crash of a Tesla near Houston with no one behind the wheel is drawing scrutiny from two federal agencies that could bring new regulation of electronic systems that take on some driving tasks. The National Highway Traffic Safety Administration and the National Transportation Safety board said Monday they would send teams to investigate the Saturday night crash on a residential road that killed two men in a Tesla Model S.

Apple signals return of right-wing 'free speech' app Parler

Apr 20, 2021
Apple said it has reached an agreement with the right-wing social app Parler that could lead to its reinstatement in the company's app store. Apple kicked out Parler in January over ties to the deadly Jan. 6 siege on the U.S. Capitol. In a letter to two Republican lawmakers in Congress, Apple said it has been in “substantial conversations” with Parler over how the company plans to moderate content on its network. Before its removal from the app store, Parler was a hotbed of hate speech, Nazi imagery, calls for violence (including violence against specific people) and conspiracy theories.

United loses $1.36 billion as business travel remains weak

Apr 20, 2021
United Airlines posted a $1.36 billion loss in the first quarter and will need a rebound in lucrative business and international travel before it returns to profitability. The loss reported Monday would have been even wider without federal payroll aid, but it was still slightly worse than expected. However, investors are far more interested in how quickly United and other airlines can recover from their pandemic-caused financial crisis.

Union accuses Amazon of illegally interfering with vote

Apr 20, 2021
The retail union that failed to organize Amazon workers at a Alabama warehouse wants the results of a recent vote to be thrown out, saying that the company illegally interfered with the process. The Retail, Wholesale and Department Store Union said in a filing that Amazon threatened workers with layoffs and even the closing of the warehouse if they unionized. It also said Amazon fired a pro-union employee, but declined to name the person.

Foxconn, Wisconsin reach new deal on scaled back facility

Apr 20, 2021
Foxconn Technology Group, the world's largest electronics maker, has reached a new deal with reduced tax breaks for its scaled back manufacturing facility in southeast Wisconsin, Gov. Tony Evers and the the company announced on Monday. Details of the new deal were not immediately released. It was scheduled to be approved at a Tuesday meeting of the Wisconsin Economic Development Corp., the state's top jobs agency that previously negotiated the initial deal with Foxconn.

Coke sales rebound as vaccinations roll out and venues open

Apr 20, 2021
Sales are steadily improving at Coca-Cola Co. as vaccinations allow for the opening of restaurants and offices in many regions globally. Coke historically had booked half its sales from restaurants, stadiums and other public places. The pandemic broadsided the company. As of March, case volumes had returned to 2019 levels, the beverage giant said. First-quarter volume growth was particularly strong in China, which was locked down last year.

'Britcoin' digital currency being considered by UK

Apr 20, 2021
British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak touted as "Britcoin." The Bank of England and the Treasury said Monday that they will work together to assess the benefits of a central bank digital currency, at a time when cash payments are generally on the decline, partly as a result of the coronavirus pandemic.

Leadership shakeup continues at GameStop, CEO to depart

Apr 20, 2021
The overhaul in the top ranks of GameStop continues with the announced departure of CEO George Sherman at the end of July. Company shares rose more than 8% before the opening bell Monday. Less than two weeks ago, the Grapevine, Texas, company announced the nomination of Chewy founder Ryan Cohen as chairman of the board, a major investor in the floundering video game retailer.