(Bloomberg) – Starbucks Corp. CEO Kevin Johnson said a key sales measure turned positive in July, a sign that the coffee giant’s recovery from Covid-19 locks is gaining strength. The shares expanded the gains in late trading. “Our recovery strategy is working,” Johnson said during a call with analysts after …
Read More »Monthly Archives: July 2020
The feds allege that a Miami man fraudulently received millions of dollars, bought Lamborghini with money to alleviate the coronavirus
MIAMI – A South Florida man is accused of buying a Lamborghini with some of the millions of dollars he accepted from the US government intended to help small businesses during the coronavirus pandemic. Prosecutors on Monday announced the arrest of David Hines on federal charges after they said he …
Read More »Altice sells Lightpath stake to Morgan Stanley for $ 2.3 billion
(Bloomberg) – Broadband provider Altice USA Inc. agreed to sell nearly half of its Lightpath fiber business to Morgan Stanley Infrastructure Partners for approximately $ 2.3 billion. © Bloomberg Light traces from network switches illuminate the fiber optic cables, the center and the copper Ethernet cables inside a communications room …
Read More »Hong Kong ‘on the verge’ of large-scale community outbreak of coronavirus: Carrie Lam
A man eats a take-out meal in a chair placed outside a restaurant in Hong Kong’s Kowloon Sham Shui Po district in the early morning of July 29, 2020, as new social distancing measures come into effect that They include restaurants that are only allowed to serve takeaways, to combat …
Read More »Trump Complains: “Nobody Loves Me,” Coronavirus Briefing Ends Abruptly
While aides have lobbied Trump to more fully acknowledge the severity of the virus’s spread, he again offered a dissonant and optimistic assessment. Trump declared that “large portions of our country” are “crown-free,” despite the fact that no region of the United States is truly free of the virus. While …
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