May 28, 2020

Trump considering legislation that may scrap law that protects social media companies

President Donald Trump said he will introduce legislation that may scrap or weaken a law that has long protected internet companies, including Twitter and Facebook, an […]
May 28, 2020

Salesforce cuts annual sales estimates on COVID-19 hit

Salesforce.com Inc cut its annual revenue forecast on Thursday, citing the impact of the COVID-19 pandemic. Powered by WPeMatico
May 28, 2020

Exclusive: U.S. taxpayers’ virus relief went to firms that avoided U.S. taxes

Last month Zagg Inc, a Utah-based company that makes mobile device accessories, received more than $9.4 million in cash from a U.S. government program that has […]
May 28, 2020

Trump set to order review of law that protects social media companies

U.S. President Donald Trump is expected to order a review of a law that has long protected internet companies, including Twitter and Facebook, an extraordinary attempt […]
May 28, 2020

China’s Geely Automobile launches share placement of up to $859 million

China’s Geely Automobile Holdings Ltd has launched an $836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters. Powered […]
May 28, 2020

Nissan plans big cuts to go small after first loss in 11 years

Nissan Motor Co outlined a new plan on Thursday to become a smaller, more efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that […]
May 28, 2020

U.S. weekly jobless claims still elevated; core capital goods orders fall

The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid job cuts by U.S. state and […]
May 28, 2020

Citigroup looks to reopen NY headquarters to some staff in July: Bloomberg News

Citigroup Inc looks to reopen its New York headquarters to a small number of employees as soon as July, with workers returning to London offices even […]
May 28, 2020

If Trump kicks out Twitter, there’s always Germany

If U.S. President Donald Trump goes ahead with his threat to close Twitter, the micro-blogging site can always relocate to Germany. Powered by WPeMatico
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