News Around the Globe
By Katie TOKYO – Coronavirus patients with light symptoms arriving to stay at several Tokyo hotels are likely to get a lift from a pleasant surprise – a robot greeter …
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By Vega Shares of Zoom dropped as much as 7 percent Wednesday after Google announced that it will soon make its Meet video-conferencing service for businesses free for all users. …
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By Lisa Lyft said it plans to lay off 982 employees, or 17 percent, of the ride-hailing firm’s workforce, due to the economic challenges caused by the coronavirus pandemic. Wall …
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By Nicolas Apple is reportedly delaying the manufacturing ramp-up of this year’s crop of new iPhones by a full month. The holdup comes as the coronavirus pandemic has weakened global …
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By Emily Tech companies are finding themselves at the center of the falling out between the US and China as the two nations spar over the Communist Party’s handling of …
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By Kennedy The coronavirus pandemic could wipe out 40% of the U.S. economy, quadruple the federal deficit to $3.7 trillion and push the national debt to nearly $27 trillion, the …
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By Alexandra Verizon said it expects profits to shrink this year as the coronavirus crisis squeezes its wireless, pay TV and media divisions. The telecom giant said Friday it lost …
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By Jassin The combined wealth of America’s billionaires, including Amazon founder Jeff Bezos and Tesla chief Elon Musk, increased nearly 10 percent during the ongoing COVID-19 pandemic, according to a …
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By Vega Video-game sales exploded last month as the coronavirus forced millions worldwide to hunker down at home looking for something to do. March spending on video game hardware, software …
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By Steigrad Netflix’s subscriber base is exploding as people holed up at home to avoid the coronavirus become video-bingeing couch potatoes. The Los Gatos, Calif.-based video-streaming giant added a record …
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By Vega The coronavirus is poised to spur a massive drop in iPhone sales this year, according to Goldman Sachs. Analysts at the Wall Street bank on Friday said they …
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By Sandra Harley-Davidson said that it had temporarily laid off most of its global production employees and implemented salary cuts in a bid to lower costs as the coronavirus pandemic …
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By McEnery Goldman Sachs chief executive David Solomon signaled on Wednesday he’s working on the “assumption” that the coronavirus-driven recession will continue at least through the end of this year. …
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By Vega SoftBank warned investors that it expects to report a massive loss this year, thanks in part to the coronavirus wreaking havoc on already-struggling investments like WeWork. The Japanese …
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By Vega Amazon on Monday lifted its ban preventing sellers from shipping non-essential items to its warehouses. The move comes a month after Amazon told sellers that it would only …
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By Barone Disney World, where dreams are furloughed. The Florida theme park will stop paying some 43,000 workers after closing in mid-March due to the coronavirus pandemic, according to the …
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By John Wells Fargo’s sprawling back offices in India, struggling to process residential mortgage deals amid a coronavirus lockdown, may be the next black eye for America’s beleaguered third-largest bank, …
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By Vega Amazon CEO Jeff Bezos visited one of his company’s warehouses as well as a Whole Foods grocery store on Wednesday, making rare public appearances as employees have raised …
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By Manskar WhatsApp has put new restrictions on forwarded messages in an effort to clamp down on misinformation about the coronavirus. Users can now forward certain messages to only one …
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By Jack Formula One has put almost half its staff on furlough until the end of May due to the novel coronavirus with chairman Chase Carey and senior management also …
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