Although geopolitical tensions seem, Alibaba Group Holding Ltd. to be in a good place as China continues its economic recovery from COVID-19. Alibaba reported fiscal revenue in the first quarter Thursday morning. Alibaba BABA, + 0.40% already saw volume growth equal to pre-pandemic levels when it last hit investors in …
Read More »Strong results from home depot are causing pendemics to shift from consumers
Home Depot Inc. published Tuesday its strongest quarterly sales in nearly 20 years, as the largest home improvement retailer benefited from the growing interest in household projects during the Covid-19 pandemic. Revenue for the Atlanta-based retailer rose 23% to $ 38.05 billion in the May-July period, up from $ 30.84 …
Read More »Home Depot reports income. Here’s what to expect.
Text size People do not spend money on travel, entertainment and dining, and have used that money to make their homes more comfortable. Justin Sullivan / Getty Images Because the pandemic has kept everyone in their homes, many of us have become Tim “The Toolman” Taylor. Home improvement is suddenly …
Read More »What Google and Amazon are doing to comply with California’s new privacy law
Three of the most prominent businesses in the U.S. are taking steps to change their services to comply with the California Consumer Privacy Act. Google Parent Alphabet Inc. GOOGL, + 2.60% GOOG, + 2.67% , Facebook Inc. FB, + 0.45% , and Amazon.com Inc. AMZN, + 4.08% are the top …
Read More »States seek $ 26.4 billion from drug companies in opioid litigation
States are asking for about $ 26.4 billion from major players in pharmaceutical industry to help pay for damages caused by the opioid crisis, people familiar with the matter said, the latest question in years of litigation that companies are trying to responsible for widespread drug addiction. The current talks …
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