Technology

It may seem like that would mean bad news for retailers this back-to-school season, but the pandemic is actually expected to boost sales. That’s because remote learning is not cheap. The National Retail Federation, the largest retail group in the retail industry, estimates that parents with children in K-12 will …

Last chance: sign up for Transform, VB’s AI event of the year, hosted online July 15-17. We are approaching the computational limits of deep learning. That’s according to researchers from the Massachusetts Institute of Technology, Underwood International College and the University of Brasilia, who found in a recent study that …

American Airlines will issue short-term layoff and leave notices to 25,000 union employees as the airline plans to significantly reduce its workforce in October, the company said Wednesday. CEO Doug Parker and President Robert Isom described the job cuts in a letter Wednesday to employees of the Fort Worth-based airline, …

UnitedHealth Group posted more than $ 6.6 billion in second-quarter earnings, by far the conglomerate’s highest quarterly profit, according to an analysis of financial data from the FactSet company. Because it is important: Most companies struggled in the second quarter as the coronavirus pandemic froze the economy, but health insurers …

The second supreme court of the European Union has rejected an order from the European Commission for Apple will refund Ireland € 13 billion (almost $ 15 billion) in back taxes. Wednesday’s decision by the EU general court is a significant blow to the EU’s executive arm in its campaign …