President Trump said he was considering banning the TikTok, implying that it would punish China for the coronavirus. TikTok is an especially popular short-form video application among Generation Z, and has accumulated 1.5 billion downloads. His father is the Chinese developer ByteDance. US lawmakers have raised concerns about possible national …
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Delta Air Lines (DAL) reported a sharp drop in second-quarter revenue and profit on Tuesday as the COVID-19 pandemic affecting the travel industry devastated the company’s results. These were the main results of the report, compared to the consensus estimates compiled by Bloomberg: Revenue: $ 1.2 billion vs. $ 1.43 …
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Stock index futures were aiming for a higher start on Tuesday when investors began to digest the second quarter results of a trio of big banks, kicking off the corporate earnings reporting season. What are the main indexes doing? Futures in the Dow Jones Industrial Average YM00, + 0.61% They …
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Tuesday’s market minute Global stocks fall after last night’s sell-off on Wall Street as global coronavirus infections top 13 million. Infections in the US continue to rise to 3.3 million, with 135,000 deaths, prompting business closings in California and questions about the pace of the national economic recovery. China’s trade …
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“China is strongly opposed to the sale of arms by the United States to Taiwan,” Foreign Ministry spokesman Zhao Lijian said at a press conference. Taiwan is a self-governing island, but China has long promised to unify it with the mainland. The United States is one of Taiwan’s leading arms …
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