Amazon CEO Jeff Bezos, Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai and Apple CEO Tim Cook testified before Congress about how they use their market power to destroy their competitors. Unlike other tech hearings, this one had minimal exaggeration and politicians came prepared. The tech titans didn’t seem ready …
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“ORour founders would not bow to a king, we should not bow to the emperors of the online economy. “This is how Congressman David Cicilline began the remarkable hearing on Wednesday in the Antitrust Subcommittee, where four tech CEOs: Apple’s Tim Cook Mark Zuckerberg of Facebook, Sundar Pichai of Google …
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BNY Mellon Investment Management chief strategist Alicia Levine discusses whether the market is finding its niche as small-cap stocks begin to outperform larger-cap tech stocks. WASHINGTON – The US economy contracted at a dizzying 33% annual rate in the April-June quarter, by far the worst quarterly decline in history, when …
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Thursday Market minute Global stocks plummet as the Fed keeps rates unchanged, but paints a grim picture of the United States’ recovery based on containing the coronavirus pandemic. Fed President Powell says the FOMC “is not even thinking of raising rates,” and warned that recent consumer and job data suggests …
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Mark Peterson | Corbis | fake pictures McDonald’s is partnering with the Mayo Clinic as the global fast food giant tries to navigate the coronavirus pandemic. The medical center will offer McDonald’s advice on best practices to mitigate the spread of Covid-19 and review the company’s environmental health and safety …
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