Text size Denis Doyle / Bloomberg Analysts at JP Morgan and Morgan Stanley are optimistic about the announcement by Dell Technologies that it is considering a spin-off of its valuable 81% stake in VMware., It is now worth more than all of Dell’s market value. Dell shares (ticker DELL) rose …
Read More »US retail sales exceeded expectations; weekly unemployment claims still high
WASHINGTON (Reuters) – US retail sales rose more than expected in June, but a resurgence in new COVID-19 cases is hurting the fledgling recovery, keeping 32 million Americans with profits from unemployment. FILE PHOTO: People line up outside the Kentucky Career Center before it opens to find help with their …
Read More »Seven ships catch fire in Iran’s Bushehr port, agency says
(Reuters) – At least seven ships caught fire in Iran’s Bushehr port, the Tasnim news agency reported on Wednesday, in what appears to be the latest in a series of fires and explosions across the country, some of which have affected sensitive sites. No victims have been reported, the agency …
Read More »Democrats see growing donations as they seek the majority of the U.S. Senate.
WASHINGTON (Reuters) – Campaign donations are flooding the coffers of Democrats running for the United States Senate, but some Republican incumbents seeking to protect their majority in the Senate have a powerful cash advantage over their contenders to As the electoral battle enters its final months. FILE PHOTO: Then 2020 …
Read More »China says it will stick to US trade deal, but will respond to ‘bullying’
BEIJING (Reuters) – China said Thursday it will stick to the Phase 1 trade deal it reached with the United States earlier this year, but warned that it will respond to Washington’s “intimidation” tactics as relations continue. deteriorating. FILE PHOTO: Hua Chunying, spokesman for the Chinese Foreign Ministry, speaks at …
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