Business

The statement proposed by a Nevada county library in support of Black Lives Matter prompted the local sheriff to warn that his office would not respond to his calls to 911. “We support #BlackLivesMatter,” the Douglas County Public Library said in the proposed brief statement released last week at the …

Now we have had a chance to see the antitrust argument that Tim Cook will make in today’s hearing, and it essentially amounts to: There is nothing to see here. Apple is arguing that it has done nothing wrong in the past, it is doing nothing wrong now, and it …

The heads of several of the largest technology companies in the US are speaking to Congress to testify before the House Judiciary Antimonopoly Subcommittee on Wednesday at 9 am PT / noon ET. Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Alphabet and Google CEO Sundar Pichai and Facebook CEO …

General Electric Co. reported a quarterly loss of approximately $ 2 billion, as revenue fell 24%, hurt by a sharp decline in a jet engine business that has been hampered by the coronavirus pandemic. The aviation business, which was once a profit engine for GE, lost in the June quarter …

Shares were moderately higher on Wednesday as investors awaited the conclusion of a Federal Reserve policy meeting, watched conversations about a coronavirus aid package in Congress, and continued to advance through an avalanche of corporate earnings reports first order. Market participants also braced themselves for possible fireworks on Capitol Hill, …