ExxonMobil reported its biggest quarterly loss in history on Friday when the coronavirus pandemic reduced demand and oil prices. The Texas-based oil giant lost nearly $ 1.1 billion from April to June, as COVID-19 caused a historic drop in oil prices that hurt its production business. That came immediately after …
Read More »Tim Cook contrasts Apple’s mergers and acquisitions with other Big Techs
Apple CEO Tim Cook delivers the keynote address during the Apple 2020 World Developers Conference (WWDC) at the Steve Jobs Theater in Cupertino, California. Brooks Kraft / Apple Inc / Brochure via Reuters Apple buys many smaller companies and doesn’t talk about what it plans to do with them. However, …
Read More »Johnson & Johnson Initiates Human Vaccine Trials After Monkey Study
Johnson & Johnson began human trials of its experimental COVID-19 vaccine on Thursday, after the shooting has already proven successful in protecting monkeys, the drug maker announced. The company’s honchos pointed to a new study that found that five out of six primates who received the single dose were protected …
Read More »Coca-Cola with coffee will hit stores next year
“Coca Cola (KO) With Coffee “will combine regular Coca-Cola with Brazilian coffee. Three different flavors will be offered: Dark Blend, Vanilla and Caramel, in 12-ounce cans, and the drink contains 69 milligrams of caffeine per can. One 12-ounce can of regular Coca -Cola has 34 milligrams of caffeine; Coca-Cola Light …
Read More »United adds some international flights for September, but remains cautious
A United Airlines plane sits on the runway at San Francisco International Airport. Justin Sullivan | fake pictures United Airlines said on Friday that it plans to add a small number of flights in September, remaining cautious as the coronavirus pandemic continues to depress travel demand. The September capacity of …
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