Motörhead to release massive ‘Ace of Spades’ 40th anniversary box set

Motörhead’s commercial breakthrough, “Ace of Spades,” will be the subject of a massive reissue this fall with two previously unreleased live albums and a clutch of alternate versions of the album’s songs. The group is previewing the collection with a previously unheard, gritty live version of the ripping title track recorded at Belfast’s Whitla Hall […]

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Reputed mob boss gunned down in Canada: police

A reputed Canadian mob boss was gunned down in broad daylight in the parking lot of a commercial plaza in a suburb of Toronto Friday afternoon, according to local authorities. Halton Regional Police Service received reports after 1 p.m. Friday about a shooting at 484 Plains Road East in Burlington. Officers who responded to the scene found […]

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Alphabet’s Loon uses balloon to give internet to remote regions in Kenya

Alphabet began offering the world’s first commercial high-speed internet using balloons to villagers in remote regions of Kenya’s Rift Valley on Wednesday. “Kenya is the first country… to have base stations high up in the sky. Now we will be able to cover the whole country in a very short span of time,” said Information […]

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Swiss economy could lose more $100 billion due to coronavirus – govt.

© Reuters. Sunrise over the Commercial and Financial District in Geneva ZURICH (Reuters) – Switzerland’s economy could lose almost 100 billion Swiss francs ($105 billion) in output due to the fallout from the coronavirus pandemic, the government said on Tuesday. The government expects 2020 GDP to be around 652 billion francs, down from its December […]

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Swiss govt. expects economy to shrink 6.2% in 2020

© Reuters. Sunrise over the Commercial and Financial District in Geneva By John Revill ZURICH (Reuters) – Switzerland’s economy will shrink by 6.2% in 2020, the government said on Tuesday, the worst downturn in more than 40 years, as the country grapples with the consequences of the coronavirus pandemic. A gradual recovery is expected during […]

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Powerful Cyclone Threatens Mumbai as City Grapples With Coronavirus

NEW DELHI — A powerful cyclone barreled up the Arabian Sea on Wednesday, threatening the Indian commercial hub of Mumbai and the surrounding area with heavy flooding and 75 mile-an-hour winds. Cyclone Nisarga was expected to make landfall with unusual force on Wednesday afternoon in the state of Maharashtra, home to Mumbai, a city of […]

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Anti-Trump GOP group slams president over race relations in new TV ad

A Republican group that opposes President Trump’s re-election is running a scathing new TV commercial on Monday that targets the president over his comments and record on race relations. The spot from the Lincoln Project – which comes amid a wave of racial protests and violence – is titled “Flag of Treason” and highlights people carrying […]

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Wealthy Fliers Worried About Coronavirus Turn to Private Jet Service

Commercial air travel has plummeted in the pandemic, but interest in private jet service is surging, particularly among people who have not paid to fly privately before. For years, jet service providers have ferried corporate executives and wealthy leisure travelers who paid high fees for the privacy and security. Now, those same companies are shifting […]

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6 commercial strips to be closed to accommodate outdoor dining

Six commercial corridors will be closed to through traffic during designated lunch and dinner hours following a streamlined permit process. | Facebook/Nana Organic Restaurants fighting for survival in Chatham, Lake View, Little Village, the Gold Coast, the Near West Side and West Loop will be free to fill up the streets with outdoor dining. Six […]

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Manhattan Faces a Reckoning if Working From Home Becomes the Norm

Before the coronavirus crisis, three of New York City’s largest commercial tenants — Barclays, JP Morgan Chase and Morgan Stanley — had tens of thousands of workers in towers across Manhattan. Now, as the city wrestles with when and how to reopen, executives at all three firms have decided that it is highly unlikely that […]

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Global commercial insurance pricing rises by 14% in first quarter

NEW YORK (Reuters) – Global average commercial insurance prices increased 14% in the first quarter, driven in part by rises in property insurance rates, insurance broker Marsh said in a report released Monday. The change marks the highest year-over-year increase since 2012, when Marsh launched its Global Insurance Market Index for rates. Pricing was trending higher in […]

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Rebuilding Bronzeville: Black Chicago’s post-pandemic future starts on the south lakefront

Bronzeville has many strengths, including a committed middle-class base, but lacks a thriving commercial district. | Max Herman / Sun-Times Block-by-block redevelopment is the surest way to bring in people and businesses to strengthen Chicago’s black communities, which COVID-19 has hit especially hard. Developer Phil Beckham is on a mission to rebuild Bronzeville, the heart […]

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Argentina Imposes Toughest Travel Ban in Americas, Banning Flights Until Sept. 1

BUENOS AIRES — Argentina on Monday banned all commercial flight ticket sales until September, one of the toughest coronavirus travel bans in the world, prompting an industry outcry that the new measure will put too much strain on airlines and airports. While the country’s borders have been closed since March, the new decree, signed by […]

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Nashville musicians find themselves without jobs or benefits

Colin Poulton moved to Nashville in 2008 to study commercial guitar. He dropped out of college but stuck with the city and the guitar, first playing in a series of original bands and more recently making his living in the honky-tonks of Lower Broadway along with “a few wedding bands and some other bands.” All […]

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Boeing to Restart Production in Washington State With 27,000 Workers

Boeing plans to resume commercial airplane production in Washington State by bringing about 27,000 employees back to work, the company said on Thursday. Most will return by the end of next week. The announcement is the first attempt at large-scale resumption of business activity by a U.S. corporation since the coronavirus outbreak forced companies and […]

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Small business coronavirus bailout funding slated to start this week, but can it?

Chris Hurn, founder of Fountainhead Commercial Capital, has received 7,400 small business loan requests in the past two weeks, more than his business has handled in its five years of existence. The Lake Mary, Florida-based non-bank lender is just one of thousands of financial institutions across the country preparing to dole out $349 billion in […]

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Commercial real estate industry coming up with creative spin for rent deals

The commercial real estate industry is adapting to the coronavirus quarantines by renegotiating sales and leases, pausing physical tours and having frank negotiations with lenders — when they can be reached. Tenants still searching for their next office space — coronavirus be damned — can only do it through flyers and virtual tours, while tenants […]

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White House Airlifts Medical Supplies From China in Coronavirus Fight

WASHINGTON — A commercial aircraft carrying 80 tons of gloves, masks, gowns and other medical supplies from Shanghai touched down in New York on Sunday, the first of 22 scheduled flights that White House officials say will funnel much-needed goods to the United States by early April as it battles the world’s largest coronavirus outbreak. […]

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Virgin Atlantic set to ask for state aid: FT

(Reuters) – UK-based airline Virgin Atlantic will ask the British government for a package of commercial loans and guarantees worth hundreds of millions of pounds, the Financial Times reported https://www.ft.com/content/c2d817d9-8a73-4bb8-89e7-e5ca67ed41d7 on Friday, citing people familiar with the matter. Other carriers including easyJet (LON:), regional airlines such as Loganair and Eastern Airways, and Norwegian Air Shuttle […]

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Celebrities, Athletes & More Surge Private Plane Business With $35K Trips From LA To NYC

While many are nervous about flying commercial planes with others amid the coronavirus outbreak, private jets are becoming a popular alternative for those who can afford it. With the coronavirus pandemic, celebrities are turning away from commercial flights and heading more and more towards private planes to get to where they need to go. HollywoodLife […]

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Starved of dollars and drowning in debt, Lebanon’s economy sinks fast

© Reuters. A view shows closed shops inside a commercial center in Beirut By Eric Knecht and Ellen Francis BEIRUT (Reuters) – After importing medical supplies to Lebanon for 20 years, Hassan Hamdan shut his business in December. Sales were plummeting, clients couldn’t pay, and the dollars he needed to buy imports had dried up. […]

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Lebanon banks, prosecutor agree rules for easing deposit restrictions

BEIRUT (Reuters) – Lebanon’s public prosecutor has agreed with commercial banks a set of rules aimed at protecting the rights of depositors, state news agency NNA reported on Tuesday, potentially easing restrictions on deposits amid a dollar shortage. Lebanese banks, fearing capital flight and grappling with an acute hard currency crunch, have imposed tight controls […]

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