For more than a year, the federal government has surrounded Big Tech and its business practices. On Wednesday, members of the House of Representatives will unfold evidence their staff has found and put direct pressure on some of the world’s top executives. Four of the most prominent CEOs of technology: …
Read More »Top 10 coolest things about the new Ford Bronco
After years of speculation, numerous leaks, and an original release date postponed by the ongoing pandemic, Ford F, -1.43% finally he removed the wraps from the revived Bronco. And immediately it seems that it is going to turn the adventure vehicle segment upside down. A dedicated SUV with a lot …
Read More »Amazon, Apple, Boeing, Starbucks, Visa and other actions to see this week
Text size It is the busiest week of the second quarter earnings season, with 171 S&P 500 companies slated to report. Things start slowly on Monday, before 3M, Advanced Micro Devices, eBay, McDonald’s, Pfizer, Starbucks and Visa reported on Tuesday. On Wednesday, Boeing, Facebook, General Electric, PayPal Holdings, Qualcomm and …
Read More »Schlumberger is cutting staff as virus hits revenue
Text size David McNew / Getty Images Oil services company Schlumberger is cutting 21,000 jobs after a disastrous quarter. Analysts are optimistic. Schlumberger’s (ticker: SLB) second-quarter results, released Friday morning, were grim at first glance: a 35% year-over-year revenue decline and a plan to cut a quarter from staff. But …
Read More »Big Tech’s big test comes in the busiest week of the earnings season
Despite the fact that Big Tech’s day in the antitrust spotlight is delayed, next week will be a great test for the biggest names on Wall Street. Parent company of Google Alphabet Inc. GOOGL, -0.56% GOOG, -0.25% , Amazon.com Inc. AMZN, + 0.74% Apple Inc. AAPL, -0.24% and Facebook Inc. …
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