Silicon Valley Giants Clash Upon Views on Coronavirus Lockdown

Silicon Valley Giants Clash Upon Views on Coronavirus Lockdown
April 30, 2020

Silicon Valley giants Elon Musk and Mark Zuckerberg offered dueling views on lockdown measures designed to contain the spread of the coronavirus Wednesday, with Facebook’s Zuckerberg applauding the measures while Tesla’s Musk condemned them as anti-democratic. Musk, who has often made outspoken and even inflammatory comments on conference calls and on Twitter, said in the feedback to analysts on Tesla’s earnings call that it was “fascist” to say people cannot…

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Apple and Microsoft Push Wall Street Rally Higher

Apple Microsoft Push Wall Street Rally Higher
April 24, 2020

Wall Street rallied Friday, led larger by Apple and Microsoft, as investors finished a turbulent week of trading and a few states ready to ease coronavirus-related lockdowns. Apple and Microsoft climbed more than 1%, lifting the S&P 500 more than any other firm. The two tech juggernauts are on tap to record their March-quarter results subsequent week, giving investors a glimpse at how the pandemic has affected their global businesses….

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India’s TVS Motor Acquires Britain’s Norton Motorcycles

India’s TVS Motor Acquires Britain’s Norton Motorcycles
April 20, 2020

India’s third-largest motorbike producer TVS Motor has sealed a $20 million deal to acquired British brand Norton Motorcycles as part of a distressed sale. The all-cash transaction, which was declared Friday, will see the Indian firm take control of the 122-year-old Leicestershire model for 16 million pounds ($19.98 million) through one in all its overseas subsidiaries. It marks the latest swoop by an Asian firm on an iconic British brand after Jaguar…

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Boeing Recruits Lazard, Evercore to Evaluate Government Grant or Private Loans

Boeing Recruits Lazard, Evercore to Evaluate Government Grant or Private Loans
April 13, 2020

Boeing has employed investment banks Lazard and Evercore to evaluate potential U.S. government help or private sector loans, a person briefed on the matter confirmed Friday. The largest U.S. plane manufacturer asked in March for at least $60 billion in U.S. government loan guarantees for itself and other American aerospace manufacturers to assist the embattled industry in withstanding a coronavirus-related cash drain. Boeing has noted that typically 70% of its…

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Amazon’s General Counsel Goes on Defense after Comments on Warehouse Protest Leader

Amazon’s General Counsel Goes on Defense after Comments on Warehouse Protest Leader
April 3, 2020

Amazon.com’s general counsel Thursday stated his emotions clouded his judgment when he wrote meeting notes in which he allegedly drafted a public relations strategy towards a protest organizer and questioned the employee’s intelligence. Amazon didn’t confirm the authenticity of the notes, which were from a daily assembly with the company’s CEO Jeff Bezos and the senior management team. David Zapolsky, Amazon’s secretary and prime lawyer, allegedly wrote that a worker…

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Instacart, Amazon Gig Workers Demonstrate in U.S., Italy Citing Inadequate Safety Measures at Facilities Amid Coronavirus Pandemic

Instacart, Amazon Gig Workers Demonstrate in U.S., Italy Citing Inadequate Safety Measures at Facilities Amid Coronavirus Pandemic
March 31, 2020

Warehouse, supply and retail gig workers in the U.S. went on strike Monday to demand attention to safety and wage concerns for people working through the coronavirus crisis. Among the strikers had been some of the nearly 200,000 employees at U.S. online grocery supply company Instacart, based on strike organizer Gig Workers Collective GWC), formed earlier this year by Instacart employee Vanessa Bain. Fifteen workers at an Amazon.com warehouse in…

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Pfizer Contemplates Partnering with BioNTech on Potential Coronavirus Therapy

Pfizer Contemplates Partnering with BioNTech on Potential Coronavirus Therapy
March 6, 2020

Pfizer is contemplating a partnership with German drug producer BioNTech SE to build vaccines for the coronavirus using BioNTech’s mRNA-based drug development platform, Pfizer’s R&D chief said Thursday Pfizer Chief Scientific Officer (CSO) Mikael Dolsten was one of the pharmaceutical delegates who attended a meeting with U.S. Prez Trump to discuss possible vaccines and treatments for the fast-spreading virus on Monday. He had stated then that the group was working on…

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Maximum Americans Will Be Massively Obese in The Next Few Years

Maximum Americans Will Be Massively Obese in The Next Few Years
December 20, 2019

Weight problems have long been a chief health concern in America. And brand new research led by the Harvard T.H. Chan School of Public Health says it might solely worsen within the decade to return. The report, issued Wednesday in the New England Journal of Medicine, predicts that roughly 48.9% of American adults will likely be overweight by 2030, with roughly 24.2% of adults projected to have extreme weight problems….

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