State and local governments facing deep shortfalls wrestle with the devastating economic impact of the coronavirusEvery day, New Yorkers throw out 10,000 tons of trash – a third of which is food and yard scraps that could skip the incinerators and landfills and be turned into compost.Over the last several years, a curbside pick-up program allowed New Yorkers […]
Apple has thrived under Cook’s leadership with the iPhone X and a move into subscription TVApple chief executive Tim Cook has joined the billionaire club as the iPhone maker is poised to become the US’s first $2tn company.Apple’s performance has so far proved to be coronavirus-proof, crushing Wall Street expectations in each of the last two quarters, and pus […]
The move requires TikTok and WeChat to find new owners or shut down, but it may not be that simpleOn Thursday, Donald Trump issued two executive orders aimed at banning TikTok and WeChat, saying the US must take “aggressive action” against the China-based social media platforms in the interest of national security.The move would effectively require TikTok an […]
Former Elton John and Beyoncé manager Merck Mercuriadis on championing artists and his business buying over 13,000 songsLivin’ on a Prayer, Heart of Glass, Copacabana, Single Ladies.They’re all huge pop songs and dancefloor favourites of the past 50 years. And according to one music industry veteran, they are more valuable than gold.Merck Mercuriadis is the […]
Property group British Land was one of the first to allow staff back into its London HQ – with lift-button prodders at the readyTemperature checks at reception, spaced-out desks, contactless coffee dispensers and plastic lift-button prodders. Welcome back to work – in an anti-Covid-19 office. These features, which would have been deemed eccentric and invasiv […]
The 36-year-old follows Jeff Bezos and Bill Gates as fortune passes $100bn for first timeMark Zuckerberg’s fortune has passed $100bn (£76bn) for the first time, adding him to an exclusive club of the world’s centibillionaires, after Facebook’s shares surged on news it is to launch a rival to the video-sharing app TikTok.Facebook announced the US rollout of I […]
A second statewide lockdown could be on the cards if infections continue to rise but the economic impact worries residentsBusiness is slow at Studio 23, a hair salon just off the main drag in Pikeville, a small city in rural eastern Kentucky, so barber Derek Harris is outside chewing the fat with two maskless police officers while waiting for his first clien […]
Economists worry expiration of $600 weekly lifeline will lead to sharp drop-off in household spending and set back the economyAnother 1.18 million people filed for unemployment benefits last week as economists worry the expiration of enhanced unemployment benefits will lead to a sharp drop-off in household spending and set back the US economy’s near-term rec […]
Manhattan district attorney’s office seeking eight years of the president’s personal and corporate tax recordsNew York prosecutors investigating Donald Trump’s finances previously issued a subpoena to Deutsche Bank, one of the foremost lenders to the president’s business, as part of their inquiry – and the bank complied, according to the New York Times.The o […]
Action needs long-term commitments to be is more than ‘PR stunt’, employees sayCurrent and former Facebook moderators have called for the unprecedented advertiser boycott of the site to be extended to prove that the action is more than a “PR stunt”.Speaking to the Guardian, one current moderator who asked to remain anonymous because they feared for their job […]
Acquisition plans confirmed hours after Mike Pompeo says Chinese firms feeding data to Communist partyChina has pushed back against the threat of further action by the US against its software companies, after Microsoft revealed it was pursuing an acquisition deal for TikTok.On Sunday the US secretary of state, Mike Pompeo, told Fox News that Donald Trump was […]
Fast food giant praised for owning up to extent of footpad dermatitis, which can prevent birds from walkingFast food giant KFC has laid bare the realities of chicken production after admitting to poor welfare conditions among its suppliers.More than a third of the birds on its supplier farms in the UK and Ireland suffer from a painful inflammation known as f […]
Chief executives of Amazon, Google and Apple will also testify as part of a high-powered investigation of the tech industry“Companies aren’t bad just because they are big,” Facebook executive Mark Zuckerberg is set to tell Congress on Wednesday, as the world’s most powerful technology companies face a historic investigation into their size and power.Zuckerbe […]
Ex-Malaysian PM convicted of all seven charges in first trial linked to multibillion dollar scandal1MDB scandal explained: a tale of Malaysia’s missing billionsMalaysia’s former prime minister Najib Razak has been found guilty of all seven charges in his first trial linked to the multibillion-dollar 1MDB scandal – a landmark conviction that means he now face […]
White House officials and top Democrats negotiating a new aid package as economy continues to reel from coronavirus crisisUnemployment assistance, eviction protections and other relief for millions of Americans struggling in an economy cratered by the coronavirus crisis were at stake as White House officials on Monday began fraught negotiations with top Demo […]
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