Bill.com Holdings Inc. Chief Executive René Lacerte is optimistic that the COVID-19 crisis will drive a longer-term shift to remote work that increases the demand for digital accounting tools. The company already saw signs of those trends in its recently ended fiscal fourth quarter, as it added 6,700 net new …
Read More »Problems with mail services have affected Netflix and Amazon
Problems with the U.S. Postal Service have raised concerns about the November election, but they have already caused headaches for some of the 2 million Netflix customers who still receive DVDs by mail, as well as Amazon.com’s completion network . Netflix NFLX, -1.49% , which still rents DVDs in its …
Read More »Stock market ignores restrictions of Trump administration. Here’s why it should not.
Text size Kevin Frayer / Getty Images Brands responded calmly to the recent escalation of the Trump administration’s war on Chinese telecom giant Huawei. Maybe too calm. U.S. Commerce Department regulations issued Aug. 17 will in theory prevent Huawei from purchasing any hardware or software that has all inputs of …
Read More »FedEx, UPS shares grow to power Dow transports to 9th straight gain
Shares of FedEx Corp. and United Parcel Service Inc. rose on Monday, to deliver a more than 120-point boost to the Dow Jones Transportation Average, amid Bullish analysts’ remarks about the package delivery giants given signs of increasing e-commerce volume and improved prices. FedEx’s stock FDX, + 8.96% shot up …
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