Increase / An AT&T sign and logo on Main Street during the Sundance Film Festival on January 23, 2020 in Park City, Utah. Getty Images | Mat Hayward AT & T’s WarnerMedia division plans to lay off hundreds of employees in the latest AT & T savings. “Warner Bros. is …
Read More »Trump’s bet on a rebound before the election meets a new test
Struggling households supported by previous direct federal payments can no longer receive money at any time. And extended unemployment benefits could drop substantially – even if Trump’s survival in court survives – while millions remain out of work. Trump’s tax cuts delay could also be difficult to implement and is, …
Read More »Twitter’s tumultuous interest in buying TikTok sparking shares
The stock was up just 1.5% at noon, but the broader Nasdaq stock index had fallen by almost 1%. On Saturday, the Wall Street Journal said the deal would involve TikTok’s U.S. operations, but it is unclear if Twitter will move forward with a purchase. TikTok is thought to be …
Read More »Trump walked out of the information room because of shots fired outside the White House
President Donald Trump was abruptly ousted from the White House Information Room on Monday. Trump had only spoken for a few moments before a Secret Service agent said something to him and the president was removed from the room. It is not immediately clear why this happened, but Trump eventually …
Read More »Gogo is trying to sell its commercial internet business on the fly
Internet provider Gogo is trying to sell its commercial airline as it continues to lose money during the COVID-19 pandemic, the company announced Monday. CEO Oakleigh Thorne said in a conference call that the company “has had extensive talks with multiple parties” and that he “feels[s] optimistic that a deal …
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