ASSOCIATED PRESS © Bloomberg News Mount Fuji is seen behind the Tokyo skyline. Asian stocks fell on Friday when reports showed layoffs of US workers persist at high levels after the US economy contracted at an annual rate of nearly 33% in the spring, the worst quarter on record. Loading …
Read More »Trump postpones electoral delay, lawmakers from both parties reject the idea
WASHINGTON (Reuters) – President Donald Trump on Thursday raised the idea of delaying the US election on November 3, an idea immediately rejected by both Democrats and fellow Republicans in Congress, the only branch of government with the authority to make such a change. Critics and even Trump’s allies dismissed …
Read More »Big tech gains on the rise during pandemic as economy crashes
(Bloomberg) – America’s largest technology companies are thriving in a pandemic that has increased dependence on their products and services, while affecting the rest of the economy. Quarterly results from Apple Inc., Amazon.com Inc., Facebook Inc and Alphabet Inc. showed Thursday that the industry is capitalizing on the crisis as …
Read More »Tech revenues in Asia Pacific are at risk due to Huawei restrictions, says S&P
Billions of dollars in tech revenue is at risk across Asia Pacific due to the latest U.S. restrictions on Chinese smartphone maker Huawei, the rating agency Standard and Poor’s said in a report this week. President Donald Trump’s administration introduced a new rule in May That requires foreign companies that …
Read More »Zion Williamson can be as valuable as pelicans let it be | Bleach Report
Ashley Landis / Associated Press After 15 minutes of action on the night the NBA returned from recess, Zion Williamson is a whopping 580 on the season. Eleven members of the New Orleans Pelicans have spent more time on the floor. And yet her season is about the man wearing …
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