Nvidia on Thursday forecast second-quarter revenue above analysts' estimates, as demand surges for its chips used in the data centers that power the shift to working remotely because of the new coronavirus outbreak.
A group of U.S. senators is urging Delta Air Lines Inc and JetBlue Airways Corp to immediately reverse their decisions to reduce employees' hours, saying that the moves are inconsistent with the requirements of taxpayer-funded payroll assistance.
Facebook will permanently embrace remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg told employees on Thursday, accelerating the tech sector's geographic diversification away from its home in Silicon Valley.
The Trump Administration's coronavirus relief payment provided a fillip to sales of major retailers in April as millions of Americans used the money to buy everything from video games to sewing machines even as the country struggles with record job losses.
Warehouse employees last month staged a walkout in Michigan to demand safer working conditions at their facility. So did workers in New York, Illinois and Minnesota.
When a man in Seoul tested positive for the new coronavirus in May, South Korean authorities were able to confirm his wide-ranging movements in and outside the city in minutes, including five bars and clubs he visited on a recent night out.
Institutional Shareholder Services (ISS) has recommended shareholders of Google-parent Alphabet Inc to vote "against" the company's proposed executive pay at its annual meet in June, according to a report seen by Reuters on Thursday.
WASHINGTON: Job losses in the United States are slowing but totaled an unheard-of 38.6 million since the coronavirus pandemic lockdowns began, while officials debate what additional steps will be needed to rescue the beleaguered economy. Another 2.43 million Americans were put out of work last ...
General Motors Co will restart its eight-speed transmission line at its plant in Silao in Mexico's Guanjuato state on Thursday, according to a company message sent to workers.
SoftBank Group Corp said on Friday its planned sale of 5per cent in its domestic telco SoftBank Corp would fetch 310.2 billion yen (2.4 billion pounds), as part of a programme to raise US$41 billion through asset sales.
