Business

“In the midst of a period of global economic slowdown and unprecedented challenges, we have continued to grow and expand our leadership position by providing innovative products and expertise to consumers,” Huawei said in a statement to Engadget. “Our business has shown exceptional resilience in these difficult times.” Huawei is …

Image copyright fake pictures Screenshot Food banks have seen an increase in demand. The US economy contracted an annual rate of 32.9% in the April-June quarter as the country grappled with spending cuts during the pandemic. It was the deepest decline since the government began keeping records in 1947 and …

As part of yesterday’s grand tech monopoly court hearing, the court has released many pages of documentation to back up its claims against alleged monopolistic practices from the Apple App Store. One of these emails sheds light on Apple’s deal with Amazon. During the process, Apple CEO Tim Cook said …

Procter & Gamble (P&G) is putting some clean finances in the midst of the COVID-19 pandemic. The maker of Tide, Olay and Gillette met all the requirements for bulls in its fiscal fourth quarter released on Thursday, sending shares up 3% in pre-market trading. P&G (PG) saw an increase in …

The numbers: A coronavirus battered economy slowed to a record 32.9% per year in the second quarter, underscoring how big the hole the United States is in to recover from the deepest recession in US history. The wave of damage caused by the first global pandemic in a century was …