(Reuters) – Lyft Inc said on Wednesday that cost cuts are putting the company on track to reach its target of becoming profitable on an adjusted basis by the end of 2021, even as second-quarter revenue tumbled 61% due to coronavirus-related limitations.
Read More »Philippine President Duterte can inject Russian coronavirus vaccine until May
Philippine President Rodrigo Duterte will deliver a speech at Malacanang Palace in Manila on June 1, 2017. Noel Celis | AFP | Getty Images Philippine President Rodrigo Duterte could thus be injected with the coronavirus vaccine from Russia in May 2021, according to the official news source of the government, …
Read More »Airbus expects EU to respond to US tariffs in dispute over aircraft subsidy
An Airbus A330neo commercial passenger aircraft takes off on July 10, 2018 at Colomiers near Toulouse, France. Regis Duvignau | Reuters Airbus said on Wednesday it regretted a US decision to keep 15% fares on Airbus aircraft in place despite European Union action to comply with World Trade Organization decisions, …
Read More »Trump’s executive orders are ‘broader’ than just TikTok, WeChat
US Secretary of State Mike Pompeo speaks at a joint press conference as part of a meeting with Czech Prime Minister Andrej Babis in Prague, Czech Republic, on August 12, 2020. Petr David Josek | AFP | Getty Images US Prime Minister Mike Pompeo said President Donald Trump’s executive orders …
Read More »Wall Street executives are happy about Kamala Harris
Wall Street leaders on Tuesday cheered on Joe Biden’s selection of sen. Kamala Harris as his running mate in the presidential election. Finance executives, sure that the ticket has what it takes to overthrow President Donald Trump, are robbing about their experience in government, as well as about their lenders. …
Read More »