Tag Archives: Business News

Facebook buys ‘monopoly’ rivals, kills

Facebook CEO Mark Zuckerberg is speaking at an event on January 15, 2012 at Facebook’s head office in Menlo Park, California. Josh Adelson | AFP | Getty Images In a group report released Tuesday, the House Judiciary Subcommittee on No Confidence has ruled that Facebook has a monopoly on the …

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Stock futures fell due to hopes of stimulus by Trump

U.S. stock futures traded lower overnight on Tuesday after President Donald Trump canceled stimulus talks following the November election. Dow futures were down 100 points. The S&P 500 futures and the Nasdaq 100 futures are down 0.53% and 0.5%, respectively. In regular trading on Tuesday, the Dow Jones Industrial Average …

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Trump ended the talks after the 2020 election

President Donald Trump during a news conference at the White House in Washington DC on September 27, 2020. Joshua Roberts | Getty Images News | Getty Images President Donald Trump said Tuesday he has told his administration’s negotiators to end coronavirus stimulus talks with Democrats by the Nov. 3 election. …

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Covid epidemic to damage aircraft sales for more than a decade

A Boeing 777X flies over the Boeing Everett factory David Ryder | Reuters Due to the coronavirus epidemic, Boeing is predicting a years-long slowdown in travel demand, lowering expectations for demand for new commercial aircraft over the next decade. The manufacturer on Tuesday forecast that the world’s airlines will need …

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