(This April 29 story corrects number of Xbox Live users in paragraph 6 to 90 million monthly active users not 19 million active users; and corrects description in paragraph 8 to say daily active Teams) FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson…
Month: April 2020
Wall Street falls on grim jobless claims data
(Reuters) – U.S. stocks fell on Thursday as millions of more Americans applied for jobless claims, taking the shine off a strong rally this month and eclipsing upbeat results from Facebook and Tesla. FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the…
Fourth stimulus bill may not be needed if states bounce back: White House official
FILE PHOTO: Trump economic adviser Kevin Hassett gestures as he speaks during a news briefing at the White House in Washington, U.S., September 10, 2018. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – A fourth bill to provide stimulus to the U.S. economy may not be needed if states are able to successfully reopen their…
Twitter gains users, beats estimates but ad trends alarm investors
OAKLAND, Calif. (Reuters) – Twitter Inc (TWTR.N) on Thursday reported higher first-quarter revenue and a smaller loss than analysts had expected amid the coronavirus pandemic, but its shares fell as investors fretted about potential weakness in the second quarter. FILE PHOTO: A 3D-printed logo for Twitter is seen in this picture illustration…
AT&T brings ad unit Xandr under WarnerMedia ahead of HBO Max launch
FILE PHOTO: FILE PHOTO: The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – AT&T Inc (T.N) said on Thursday it will bring its advertising unit Xandr under its WarnerMedia label,…
JPMorgan says it has handled $17.8 billion under emergency aid program
NEW YORK/WASHINGTON (Reuters) – JPMorgan Chase & Co (JPM.N) said it has submitted roughly 220,000 applications worth $17.8 billion to the Small Business Administration’s Paycheck Protection Program to help small businesses hurt by the coronavirus shutdown. FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed company JPMorgan Chase…
Top 10 Best Boston SEO Companies for 2020
Do you need help from the best SEO companies in Boston to transform your digital marketing strategies for a better bottom line? Our unbiased guide is just for you! Having analyzed dozens of SEO companies, we’ve produced this shortlist of 10 that can fire your business into the stratosphere. So, if your…
Top 10 Best San Diego SEO Companies for 2020
Are you struggling to get your business noticed on Google and want more info on the best SEO companies in San Diego in order to transform the future of your brand? Then you should probably read on… We’ve completed hours (many hours) of research to compile this unbiased list of the finest…
Top 10 Best Houston SEO Companies for 2020
Are you looking for the best SEO companies in Houston to help you rise to the top of Google’s search results? You’re in the right place. We’ve put together an unbiased list of the best SEO companies in Houston and we’ve not taken a single penny for their placement. Our rankings are…
Fed expands ‘Main Street’ program to firms with up to 15,000 workers
WASHINGTON (Reuters) – The U.S. Federal Reserve on Thursday widened a key program to nurse the “Main Street” economy through the coronavirus pandemic, agreeing to lend to even larger firms, taking on more risk in participation with banks, and hinting at some form of dedicated help for non-profits. FILE PHOTO: The Federal…
Pringles maker Kellogg pushes product launches to second half as virus raises costs
(Reuters) – Kellogg Co (K.N) said on Thursday it would push product launches to the second half of 2020, as the breakfast cereal maker invests into additional warehouse space and logistics to meet higher demand brought on by coronavirus-led stockpiling. FILE PHOTO: Kellogg’s cereal is shown on display during a preview of…
Equities dip but remain on pace for best month on record
NEW YORK (Reuters) – World equity benchmarks dipped on Thursday yet remained on pace for their best month on record as a rebound in oil prices, encouraging early results from a COVID-19 treatment trial and expectations of more government stimulus helped ease the pain of February and March. Safe-haven assets including the…
Equality key to rescuing U.S.-China business ties: U.S. business lobby
BEIJING (Reuters) – Recent strains in the relationship between the United States and China make it especially important to establish a policy of ‘competitive neutrality’ the American Chamber of Commerce in China said on Thursday. FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese…
Germany Hardens Ban on Hezbollah
BERLIN — Germany on Thursday banned the Lebanese militant group Hezbollah from carrying out any activity on its soil and declared the group a terrorist organization, in a move, long sought by Israel and the United States, that deals a blow to its ability to operate in Europe. Interior Minister Horst Seehofer…
Coronavirus, Remdesivir, Unemployment: Your Thursday Briefing
(Want to get this briefing by email? Here’s the sign-up.) Good morning. We’re covering some promising initial news about a treatment for Covid-19, the sexual assault allegation against Joe Biden, and a plan to pay college athletes. Image A Gilead facility in California. Reports that its potential coronavirus treatment showed promise helped rally…
Rishi Kapoor, Bollywood Leading Man From a Film Dynasty, Dies at 67
Rishi Kapoor, a widely popular film actor from one of Bollywood’s most celebrated families, died on Thursday in Mumbai. He was 67. The family confirmed his death in a statement, which did not list a cause. Mr. Kapoor learned he had leukemia in 2018 and was admitted to a hospital in Mumbai…
Juul plans to cut a third of its workforce: WSJ
FILE PHOTO: Shopkeepers stand inside a Juul shop at a shopping mall in Jakarta, Indonesia, December 30, 2019. REUTERS/Ajeng Dinar Ulfiana (Reuters) – Juul Labs Inc is planning to cut around a third of its staff as the e-cigarette maker faces a relentless series of regulatory headaches and falling market share, the…
AstraZeneca sticks to 2020 outlook, boosted by drug stockpiling
(Reuters) – AstraZeneca (AZN.L) topped analysts’ estimates for quarterly profit and reiterated its targets for the year on Wednesday, as the British drugmaker benefited from higher demand for some of its medicines during the coronavirus pandemic. The Cambridge-based drugmaker joined other big pharma firms in either maintaining or raising its forecast for…
Wall Street jumps on coronavirus drug hopes; Fed decision awaited
(Reuters) – U.S. stocks jumped to seven-week highs on Wednesday as Gilead Sciences gave an encouraging update on a potential COVID-19 treatment and upbeat earnings from Google-parent Alphabet boosted shares of other technology and internet giants. FILE PHOTO: The floor of the New York Stock Exchange (NYSE) stands empty as the building…
JetBlue, Delta seek U.S. OK to suspend flights to 25 U.S. airports
WASHINGTON (Reuters) – Delta Air Lines (DAL.N), JetBlue Airways Corp (JBLU.O) and Spirit Airlines (SAVE.N) on Tuesday asked the U.S. Transportation Department for approval to suspend flights to more than two dozen U.S. airports. FILE PHOTO: A JetBlue passenger jet lands with New York City as a backdrop, at Newark Liberty International…