Business

With the coronavirus diverting up to $ 9 billion in New York City tax revenue, Mayor Bill de Blasio said Wednesday morning that the city may have to fire or suspend 22,000 city workers this fall. “We are running out of options here,” said the mayor. “That is the overwhelming …

MYRTLE BEACH, SC – People flock to the beaches of South Carolina for vacation after being locked up for months by COVID-19. But the coronavirus does not go on vacation. The state now has the fourth highest rate of new infections in the nation when adjusted for population, behind only …

I recently suggested that Apple’s antitrust issues are not going to go away, and that the company should start taking steps to address them. With iOS 14, Apple is doing exactly that. The company didn’t release things like that, of course, but we received five announcements that directly address some …

Sonos celebrates its IPO on the Nasdaq on August 2, 2018. Source: Nasdaq Speaker maker Sonos plans to cut 12% of its global workforce due to “the uncertainty and challenges stemming from the Covid-19 pandemic,” the company announced in a presentation Tuesday. It is also closing its New York City …

(Bloomberg) – Dell Technologies Inc. rose as much as 12% hitting a seven-month high on Wednesday after a report that the computer maker was considering a spin-off of its stake in VMware Inc. While Dell is said to also be considering buying the rest of the company or doing nothing, …