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 »Carnival plans to set sail in Europe early next month
Text size A cruise ship from Carnival. MARK RALSTON / AFP / Getty Images Following the postponement of the launch of German cruises earlier this month, Carnival plans to restore sailings from that country and Italy in early September. The exhibition was a setback for Carnival (ticker: CCL), the largest …
Read More »California is making bold moves to tackle Big Tech with Uber and Lyft showdown
As California becomes one of the first states to take over Big Tech in the ongoing battle over the employment status of Uber and Lyft drivers, the scofflaw ride-hailing companies are now working their political contacts to prevent them from complying with a law that has been on the books …
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 …
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