Tag Archives: Business News

10 surprise coronavirus winners outperforming the market

CNBC’s Jim Cramer reviewed 10 stocks on Tuesday that have made surprising gains during the current economic downturn that he said would slow the market in a normal recessive environment. At the close on Tuesday, the S&P 500 has fallen 0.38% so far this year. “Entering the pandemic-induced recession, I …

Read More »

Amazon is the quintessential American company

Amazon CEO Jeff Bezos plans to promote the company’s job creation and support for small businesses during Wednesday’s antitrust hearing, according to prepared comments released by the company on Tuesday. Bezos will tell the House Antimonopoly Subcommittee that Amazon now employs a million people and that it built an online …

Read More »

IPhone sales at Apple China soar in Q2

Chinese customers look at iphones at the official opening of the new Apple Store in the Sanlitun shopping area on July 17, 2020 in Beijing, China. Kevin Frayer | fake pictures Apple was the fastest-growing smartphone maker in China in the second quarter, according to research data, which showed that …

Read More »

On a collision course with DC for years

Amazon CEO Jeff Bezos on October 2, 2019. Elif Ozturk | Anadolu Agency | fake pictures Amazon CEO Jeff Bezos will finally come face to face with lawmakers seeking to question his company’s growing influence on Wednesday’s antitrust hearing. The hearing before the House of Representatives’ Antimonopoly Subcommittee, which will …

Read More »