Category: News Today

Microsoft and Facebook blast Apple over rules on gaming apps SEARCH QUOTES Source

Two of Washington’s most powerful lawmakers told CNBC they believe Congress will strike a coronaviurs relief package, although the timing is still unknown. Congress and the Trump administration have struggled … Read More

Here’s what you need to know: There was a burst of hiring after lockdown orders were lifted, but a surge in coronavirus cases has dimmed those hopes.Credit…Christopher Smith for The … Read More

A massive power outage was reported Friday morning in the upper part of Manhattan, knocking out not only lights but also cellphone service. A Con Edison spokesperson tells NBC it … Read More

Shipping companies are diverting vessels from the heavily damaged Beirut port following the massive explosion that began in a waterfront warehouse and killed more than 100 people while devastating Lebanon’s … Read More

Luxury has been hit hard by the virus. And what consumers value has changed SEARCH QUOTES Source

BEIRUT, Lebanon — Visiting a neighborhood ravaged by this week’s giant explosion in Beirut’s port, the president looked residents in the eye, vowed to send food and pursue a new … Read More

Goods of Nintendo game character Isabelle, known as Shizue in Japan, from the Animal Crossing series of video games are displayed at a new Nintendo store during a press preview … Read More

China’s dollar-denominated exports rose 7.2% while imports fell 1.4% from a year ago, data from the country’s General Administration of Customs showed on Friday. Economists polled by Reuters had expected China’s … Read More

New York City’s streets and restaurants were still packed in early March, as Gov. Andrew Cuomo and Mayor Bill de Blasio argued over methodology, logistics and the economic repercussions of … Read More

Futures tied to major U.S. equity averages held steady in overnight trading on Thursday as investors awaited a key monthly jobs report. Dow Jones Industrial Average futures dipped about 30 … Read More

Uber CEO Dara Khosrowshahi walks outside of the New York Stock Exchange its highly anticipated initial public offering on May 10, 2019. Spencer Platt | Getty Images Uber just reported second … Read More

WASHINGTON — The United States government on Thursday became, for a brief moment, one of the biggest and perhaps most annoying telemarketers in Russia. Seeking to publicize new rewards of … Read More

President Donald Trump said he signed a proclamation Thursday to reimpose 10% tariffs on aluminum imports from Canada that had been suspended more than a year earlier. “Canada was taking … Read More

Sanders’ billionaire tax bill would cost Bezos, Musk, Zuckerberg SEARCH QUOTES Source

Following a record number of Atlantic Ocean storms over the past two months, including five that struck the United States, government scientists on Thursday updated their forecast for the remainder … Read More

Ohio Gov. Mike DeWine John Minchillo | AP Ohio Gov. Mike DeWine tested positive for the coronavirus Thursday before he was scheduled to greet President Donald Trump upon his arrival … Read More

Here’s what you need to know: The Federal Reserve Board has unanimously approved a system to support instant payments that could help cash-strapped consumers receive money transfers more quickly, allowing … Read More

New York State Attorney General, Letitia James Lucas Jackson | Reuters New York Attorney General Letitia James on Thursday announced that the state is seeking to dissolve the National Rifle … Read More

The coronavirus has infected more than 18.8 million people around the world as of Thursday, killing at least 708,301 people. Source

Six years ago, Dora and Erick Tobar — now 17 and 21 — moved to the Bay Area after living in Guatemala. Their father, whom they lived with while their … Read More

Weekly jobless claims hit their lowest level of the pandemic area, totaling 1.186 million last week, well below Wall Street expectations. Economists surveyed by Dow Jones had been looking for … Read More

Travelers order food in automated self-ordering kiosk at fast-food Burger King restaurant chain. Bundrul Chukrut | LightRocket | Getty Images Restaurant Brands International on Thursday reported that its quarterly revenue plunged … Read More

Companies have been stockpiling cash to navigate the coronavirus pandemic, and some are getting eager to spend it. Cash holdings of U.S. public companies amounted to $2.54 trillion during the … Read More

Futures contracts tied to the major U.S. stock indexes were little changed early Thursday, hours after the Nasdaq Composite clinched its 31st record close for 2020. Dow Jones Industrial Average … Read More

BEIRUT, Lebanon — Since an orphaned shipment of highly explosive chemicals arrived at the port of Beirut in 2013, Lebanese officials treated it the way they have dealt with the … Read More

The Bank of England on Thursday held interest rates steady and maintained its existing level of asset purchases, but warned it is anticipating a slower economic recovery from the coronavirus … Read More

LAKE BUENA VISTA, Fla. — LeBron James of the Los Angeles Lakers provided a pointed response on Wednesday night to President Trump’s criticism of players’ kneeling during the national anthem: … Read More

Chinese State Councilor and Foreign Minister Wang Yi speaks at a joint press conference with French Foreign Affairs Minister Jean-Yves Le Drian in Beijing, China on September 13, 2018. Lintao … Read More

Quibi Holdings LLC is testing a free version in Australia and New Zealand as the fledgling short-form video streaming service seeks to expand internationally and add subscribers, a person familiar … Read More

CAIRO — The countdown to catastrophe in Beirut started six years ago when a troubled, Russian-leased cargo ship made an unscheduled stop at the city’s port. The ship was trailed … Read More

President Donald Trump in the Oval Office of the White House in Washington, Wednesday, Aug. 5, 2020. Andrew Harnik | Pool | Reuters Facebook on Wednesday removed a a video … Read More

President Donald Trump on Wednesday expressed support for a plan to provide another $25 billion in federal aid to U.S. airlines, which have been devastated by the coronavirus pandemic. Bipartisan … Read More

An owner of a bar and restaurant in a New Jersey suburb wondered if he would stay in business after an outdoor seating area, newly opened after months of lockdown, … Read More

The U.S. added 167,000 workers to private payrolls in July, according to the latest ADP data. The release came in far below expectations of 1 million. This comes ahead of … Read More

Lenders for J.C. Penney want to bidders to raise their offers as they vie for the bankrupt retailer, according to a Bloomberg report.  The bids under consideration aren’t close enough to the … Read More

Here’s what you need to know: Stocks rose again on Wednesday, extending a rally that has lifted the S&P 500 to within 2 percent of its record, as investors studied … Read More

Coronavirus stimulus bill updates: White House increases unemployment offer SEARCH QUOTES Source

North Island Chairman Glenn Hutchins told CNBC on Wednesday that the U.S. failure to produce a coordinated national response to the coronavirus pandemic has hurt the nation’s economy.  “This is … Read More

Tuesday’s winners: mainstream Republicans, progressive Democrats and the act of voting — maybe. Tuesday’s primaries in states including Kansas, Michigan, Missouri and Arizona offered a little bit of everything for … Read More

The U.S. Capitol stands in Washington, D.C., U.S., on Saturday, Aug. 1, 2020. Stefani Reynolds | Bloomberg | Getty Images Voters picked their nominees in several key Senate races and … Read More

U.S. hotel companies are doubling down on automation and fast-tracking technologies such as digital room keys and voice-activated digital assistants to minimize contact between guests and hotel staff amid the … Read More

Want to get The Morning by email? Here’s the sign-up. Good morning. A powerful explosion in Beirut left dozens of people dead and thousands injured. And Hurricane Isaias battered the … Read More

Customers shop at the CVS Pharmacy, on Morrissey Boulevard, in Dorchester, on April 2, 2020. Some pharmacy workers worry about unsafe conditions at their stores. Pat Greenhouse | Boston Globe … Read More

Xpeng Motors latest electric car is called the P7. Xpeng Motors Chinese electric car maker Xpeng Motors has raised $400 million ahead of an initial public offering (IPO) in the … Read More