President Donald Trump on Tuesday announced support for Oracle Corp. to buy the US operations of TikTok, adding a fresh wrinkle to the offering for the Chinese-owned video-sharing app. Oracle ORCL, + 2.20% is a new contractor in the negotiations for TikTok, whose owner ByteDance Ltd. a fall deadline for …
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Home Depot Inc. published Tuesday its strongest quarterly sales in nearly 20 years, as the largest home improvement retailer benefited from the growing interest in household projects during the Covid-19 pandemic. Revenue for the Atlanta-based retailer rose 23% to $ 38.05 billion in the May-July period, up from $ 30.84 …
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Text size People do not spend money on travel, entertainment and dining, and have used that money to make their homes more comfortable. Justin Sullivan / Getty Images Because the pandemic has kept everyone in their homes, many of us have become Tim “The Toolman” Taylor. Home improvement is suddenly …
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Three of the most prominent businesses in the U.S. are taking steps to change their services to comply with the California Consumer Privacy Act. Google Parent Alphabet Inc. GOOGL, + 2.60% GOOG, + 2.67% , Facebook Inc. FB, + 0.45% , and Amazon.com Inc. AMZN, + 4.08% are the top …
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Text size The Canoo is aimed at young professionals interested in a subscription model. Courtesy Canoo Yet another company with electric cars is publicly traded through a purchase through a special purpose purchase company, or SPAC. This time it’s the Hennessy Capital Acquisition that buys Canoo. Canoo is a self-described …
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