More than 300 employees at three Dave & Buster’s sports bar and restaurants in Michigan will see temporary furloughs turn into layoffs next month. 



an orange ball in front of a building: Dave & Busters in Livonia on Monday, Oct. 12, 2020.


© Kirthmon F. Dozier, Detroit Free Press
Dave & Busters in Livonia on Monday, Oct. 12, 2020.

Dave & Buster’s plans to lay off 119 employees at its Utica location, 111 employees at its Livonia location and 81 employees at its Kentwood location, according to paperwork submitted to the state of Michigan. 

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The permanent layoffs are scheduled for Nov. 8.

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The food-and-games chain plans to lay off more than 1,300 workers in seven states, according to Restaurant Business. The largest number of layoffs are set to take place at the three Michigan locations, three Massachusetts stores and two Denver locations.

Dave & Buster’s had built up a celebrity buzz

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For all the ways office workers have adjusted to working remotely during the pandemic, the arrangement can be tougher for those starting a new job remotely. Getting to know the company, colleagues and even the lay of office politics is all the more difficult without the experience of being able to connect with others in person.



a man sitting in a chair talking on a cell phone


© Provided by CNBC


And months after workers were sent home en masse in the spring, many are still connecting with colleagues both new and old completely digitally. Roughly 42% of the U.S. labor force is working remotely full-time, according to research from Stanford economist Nicholas Bloom, and the number of companies announcing long-term remote work are continuing to stack up with time.

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For those starting a new job remotely, CNBC Make It spoke with workplace experts on how you can set yourself up for success.

First off, celebrate your new job

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NEW YORK (Reuters) – Asian stocks were set to rise on Tuesday as a renewed tech rally and fresh optimism that Washington would deliver a coronavirus relief package helped lift global equity markets.

Shares in Apple Inc

surged 6.4% on Wall Street on Monday ahead of an expected debut of its latest iPhone on Tuesday, helping boost technology stocks, while Amazon

rallied 4.8% ahead of its Prime Day shopping event this week.

CommSec Senior Economist Ryan Felsman said a COVID-19 resurgence in Europe and the United States is partly fueling the tech rally.

“Once again, there is a desire to hold the stay-at-home types of technology stocks…which will still generate profits and will be greatly oriented to a more challenging economic environment,” Felsman said.

On Wall Street, the Nasdaq Composite <.IXIC> on Monday staged its biggest one-day rally in a month, jumping 2.56%. The Dow Jones Industrial Average <.DJI> rose

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The country’s cold storage capacity and cold storage real estate stock are set to grow significantly grow and could double by 2023, according to real estate consultancy CBRE.

In 2019, the storage capacity in the country was 37-39 million tonnes. Following the Covid-19 outbreak, the cold storage segment is expected to witness robust demand on the back of a surge in online grocery and fresh food sales.

CBRE South Asia, in its report, estimates the cold storage segment in India to grow steeply over the next few years on the back of a strong consumer and industrial base. Following the Covid outbreak, the demand for cold storage is also being fuelled by a wider omni-channel distribution of F&G (food and groceries) across tier I and tier II cities in the country. The cold chain network would also play a vital role in reducing the loss of produce and improving cold

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JPMorgan Chase & Co. is planning to set emissions targets for its financing portfolio, joining other massive banks in bringing climate goals to its lending activity.

The biggest U.S. bank will establish goals to be achieved by 2030 for each each industry in its portfolio, starting with oil and gas, automotive manufacturing and electric power. It will begin announcing the targets next year.

JPMorgan is also working to achieve a net-zero carbon footprint for its own operations starting this year as part of a broader commitment to align its activity with the 2015 Paris climate agreement. Morgan Stanley had pledged to eliminate the net carbon emissions generated by its financing activities in three decades.


The changes send a signal that JPMorgan is thinking more seriously about its role in fighting climate change. The bank has been under increasing pressure from

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(Bloomberg) — Hong Kong’s boom in initial public offerings is set to be prolonged as companies given a boost by the pandemic outbreak follow China’s technology giants in selling shares, the bourse’s head of listings said.



a person sitting on a bench in front of a body of water: Views of Hong Kong as China Law to Establish 'Red Lines' for the City, Adviser Says


© Bloomberg
Views of Hong Kong as China Law to Establish ‘Red Lines’ for the City, Adviser Says

Companies from the technology and biotechnology sectors could continue to fill the IPO pipeline in the near future as Covid-19 has boosted investments in research and development, Hong Kong Exchanges & Clearing Ltd.’s Head of Listing Bonnie Chan said in an interview on Friday.

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“We thought 2020 would be a disappointment, but it has turned out to be a busy year,” Chan, 50, said. “I believe the IPO rush will continue.”

Hong Kong this year has seen a rush of listings from Chinese companies including JD.com Inc. and Netease Inc., which are selling shares

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With his 13th French Open tennis title at Roland Garros this weekend, Spain’s Rafael Nadal has equalled Roger Federer’s record of 20 Grand Slam men’s titles. Croatia’s Novak Djokovic, with 17 Grand Slams to his name will need at least another year if he is to catch up on his rivals.

Nadal won his first French Open tennis title in 2005. In the past 15 years, few things in the world of sport have been as sure. When it comes to men’s tennis, Europeans are the Masters of the Court.

There is a similar pattern of European domination in the Masters of Management (MiM). This pre-experience business degree has seen tremendous growth in the last decade, as college

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(Bloomberg) — Standard Chartered Plc applied to establish a securities company in China, the China Securities Regulatory Commission said.



a store front at night: Signage is illuminated atop a Standard Chartered Plc bank branch at night in Hong Kong, China, on Thursday, July 25, 2019. Standard Chartered is scheduled to release interim earnings results on Aug. 1.


© Bloomberg
Signage is illuminated atop a Standard Chartered Plc bank branch at night in Hong Kong, China, on Thursday, July 25, 2019. Standard Chartered is scheduled to release interim earnings results on Aug. 1.

The CSRC received the application on Saturday, it said on its website, without providing details.

China’s 7.26 trillion yuan ($1.1 trillion) securities industry is opening up further to foreign investment banks such as Goldman Sachs Group Inc. and JPMorgan Chase & Co., which are allowed to take full control of ventures in the country this year. That’s likely to provide a jolt to the sector, forcing consolidations and winnowing out those that can’t compete.



a store front at night: Signage is illuminated atop a Standard Chartered Plc bank branch at night in Hong Kong, China, on Thursday, July 25, 2019. Standard Chartered is scheduled to release interim earnings results on Aug. 1.


© Bloomberg
Signage is illuminated atop a Standard Chartered Plc bank branch at night in Hong Kong, China, on Thursday, July 25,

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(Bloomberg) — An upcoming surge in euro-area bond sales should be more than swept up by the record amount cash of sitting idly in the economy, potentially adding fuel to the rally sweeping across the region’s debt markets.

Next week, bond offerings in the eurozone are expected to rise five-fold, with Germany, Italy and France, among others issuing a combined 30 billion euros ($35.4 billion) worth of securities, according to Commerzbank AG. That’s still less than the amount of debt coming due.

The supply also comes as excess liquidity in the euro area ballooned past the 3-trillion-euro mark for the first time ever last week, thanks to unprecedented support from the European Central Bank.



chart: Italy sells debt next week with yields at record lows


© Bloomberg
Italy sells debt next week with yields at record lows

The monetary authority’s liquidity injections have already pushed yields on some of the region’s riskiest borrowers to record lows. With speculation now growing that

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Coal India Ltd (CIL), the state-owned miner, which had brought down the reserve price on coal sold through auction to nearly zero due to Covid-19 induced poor demand, is now looking to increase the reserve price.

The CIL board has approved a reserve price of up to 10 per cent for the auction in October, a senior marketing executive told BusinessLine on conditions of anonymity.

“When the pandemic struck and the lockdown was announced, we realised that there is going to be a drop in demand and a cash crunch for companies, so we brought down our reserve price to almost zero for both the regulated and non-regulated sectors. But right now, we feel demand is picking up, so we will try to increase the reserve price for the auction,” the official said.

Based on the response garnered in the auction in October and the amount of premium earned, CIL

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