Big tech firms caught in US-China clash over coronavirus crisis
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 …
Read MoreNews Around the Globe
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 …
Read More
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 …
Read More
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 …
Read More
By Hobbs YouTube has started banning content that is in direct contradiction to the World Health Organization’s guidelines as the coronavirus pandemic continues to ravage the United States. The Google-owned …
Read More
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 …
Read More
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 …
Read More
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 …
Read More
By Brown Italy could lose one-sixth of its beloved bars and restaurants to the coronavirus crisis — with a staggering 50,000 predicted to have to close for good, according to …
Read More
By Alisa MADRID – Spain’s death toll from the new coronavirus outbreak rose by 410 on Sunday, the lowest daily increase in about a month in one of the world’s …
Read More
By Alisa MADRID – Spain’s death toll from the new coronavirus outbreak rose by 410 on Sunday, the lowest daily increase in about a month in one of the world’s …
Read More
By Elina CHICAGO U.S. – U.S. President Donald Trump on Friday announced a $19 billion relief program to help U.S. farmers cope with the impact of the coronavirus, including $16 …
Read More
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 …
Read More
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 …
Read More
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. …
Read More
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 …
Read More
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 …
Read More
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 …
Read More
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, …
Read More
By Edwards NASA has given out some new grants for innovative space projects. Perhaps the wildest of the chosen projects is a plan to put a radio telescope on the …
Read More
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 …
Read More