Biz/Tech Archives

Trump says he’ll act as soon as Saturday to ban Chinese-owned video app TikTok from US on security fears

July 31, 2020 8:31 PM Associated Press

ABOARD AIR FORCE ONE — President Donald Trump says he will take action as soon as Saturday to ban TikTok, a popular Chinese-owned video app…

James Murdoch resigns from the board of News Corp, citing ‘disagreements over certain editorial content’

July 31, 2020 4:28 PM CNN

James Murdoch, the youngest son of billionaire media mogul Rupert Murdoch, resigned on Friday from the board of News Corp in a dramatic break from…

Nike’s viral ‘You Can’t Stop Us’ ad is winning big on social media

July 31, 2020 1:10 PM CNN

Nike’s latest viral ad is garnering praise online for its message of inclusiveness and perseverance at a time when organized sports have been…

White House signals support for $600 jobless benefit as 30 million Americans are set to lose it

July 31, 2020 12:23 PM Associated Press

WASHINGTON, DC — The White House appears keen to endorse a temporary extension of a $600 per week supplemental unemployment benefit as the…

Eurozone economy shrank 12.1% in April-June from previous quarter due to lockdowns, largest drop on record

July 31, 2020 3:00 AM Associated Press

PARIS (AP) – The economy of the 19-country eurozone shrank by a devastating 12.1% percent during the second quarter from the quarter before as…

NMSU partners with lab to expand virus testing in southern New Mexico

July 30, 2020 10:51 PM Brianna Chavez

LAS CRUCES, New Mexico — New Mexico State University is partnering with TriCore, an independent clinic reference laboratory out of Albuquerque to…

Congress nowhere near deal; unemployment benefit to expire

July 30, 2020 8:52 PM CNN

Senate Republicans and Democrats traded blows for yet another day and then left town as a federal enhancement of unemployment benefits that has been…

Google parent Alphabet posts first revenue decline in company history

July 30, 2020 2:52 PM CNN

Google’s parent company Alphabet posted the first revenue decline in its history during the three months ended in June, a sign of just how much…

Unemployment claims rise for second week in a row

July 30, 2020 10:39 AM CNN

WASHINGTON, DC — In yet another sign that the economic recovery is teetering in a resurgence of coronavirus cases, the number of Americans…

WATCH: Mars launch as NASA sends Perseverance rover to space

July 30, 2020 7:52 AM CNN

CAPE CANAVERAL, Florida — The Perseverance rover and its Ingenuity helicopter are finally on the journey to Mars. The spacecraft carrying the…

No, the Instagram ‘challenge accepted’ trend did not originate in Turkey

July 30, 2020 9:36 AM CNN

It seemed harmless enough at first. Celebrities and regular folks flooded Instagram feeds with black-and-white selfies and professionally shot photos…

Dirty tricks and the 2020 election: lessons from the KGB

July 30, 2020 7:24 AM CNN

Feeding incendiary documents to news outlets. Infiltrating activist groups. Sowing division and confusion. It might sound like a recap of…

The NBA will use artificial intelligence and a tap-to-cheer app feature to help fans stuck at home get in the game

July 30, 2020 7:19 AM CNN

Fans won’t be allowed in the NBA bubble to cheer their favorite teams on. It is a bubble, after all. But knowing what a difference their…

America’s economy just had its worst quarter on record

July 30, 2020 6:48 AM CNN

WASHINGTON, DC — The U.S. economy contracted by 32.9% between April and June, its worst drop on record, the Bureau of Economic Analysis said…

How bad is the US recession? Investors are about to find out

July 30, 2020 5:29 AM CNN

This spring, the US economy was put into an unprecedented deep freeze — and economists, investors and policymakers are about to learn the extent of…

Here are the internal documents that Congress used to grill Big Tech

July 30, 2020 4:07 AM CNN

As the CEOs of Facebook, Google, Amazon and Apple faced Congress on Wednesday, many things they or their employees had said in the past were used…

Trump downplays West Texas energy worries as he tries to rally oil and gas workers against Dems

July 30, 2020 12:15 AM Associated Press

MIDLAND, Texas — President Donald Trump took sweeping digs at “crazy left radical Democrats” on a trip Wednesday to the fracking fields of West…

UTEP students frustrated with fall semester fees amid online only classes

July 29, 2020 9:56 PM Brianna Chavez

EL PASO, Texas — University of Texas at El Paso students tell ABC-7 they’re frustrated with the university after seeing the amount of fees added to…

Tech CEOs face lawmaker questions about their market dominance

July 29, 2020 1:54 PM Associated Press, ABC News, CNN

WASHINGTON, DC — The CEOs of Facebook, Apple, Amazon and Google all were hit with tough questions and documents that raised concerns about their…

Alabama’s US Space & Rocket Center may close forever unless it raises $1.5 million in the next 3 months

July 29, 2020 6:36 PM CNN

The US Space & Rocket Center has inspired dreams of scientific exploration and space travel for decades. But now, it’s in danger of closing…

Congress grilled the CEOs of Amazon, Apple, Facebook and Google. Here are the big takeaways

July 29, 2020 4:36 PM CNN

The most powerful figures in tech were hit with tough questions and documents that raised concerns about their competitive tactics during a…

El Paso Electric sale to JP Morgan fund completed, new CEO named

July 29, 2020 2:35 PM Jim Parker

EL PASO, Texas – The $4.3 billion sale of El Paso Electric Company to an investment fund controlled by global financial giant JP Morgan officially…

Kodak’s stock soars nearly 300% and trips more than a dozen circuit breakers

July 29, 2020 9:58 AM CNN

The enormous rally in Kodak shares has no end in sight, after the Trump administration announced the company will be transformed into a…

Lamborghini’s new supercar isn’t legal to drive on public roads

July 29, 2020 7:10 AM CNN

Lamborghini has just unveiled a new supercar, known as the Essenza SCV12, that owners won’t be able to legally drive on public roads.…

Reopening of schools will provide insight into coronavirus’ spread as optimism grows for a vaccine by the end of the year

July 29, 2020 4:38 AM CNN

Students returning to school in the fall will likely teach the nation even more about the unknowns of Covid-19, the United States’ top…

‘I’ve got the f**king virus’: Video shows Las Cruces man spit on officers trying to remove him from Walmart for no face mask

July 28, 2020 3:50 PM Kate Bieri

LAS CRUCES, New Mexico — Newly obtained police body camera video from earlier this month shows a tense and disturbing scene unfolding at a Las…

Target, Walmart hand sanitizers are latest on FDA’s potentially toxic list

July 28, 2020 9:44 PM CNN

NEW YORK, NY – A new warning about potentially dangerous hand sanitizers. The U.S. Food and Drug Administration has expanded its…

Virgin_Galactic_Spaceship_Cabin_Interior

Virgin Galactic unveils comfy cabin for jet-setting to outer space from southern New Mexico

July 28, 2020 2:58 PM Associated Press

UPHAM, New Mexico — Passengers flying Virgin Galactic on suborbital trips into space will be able to see themselves floating weightless…

Deadline looms for El Paso landlords to apply for rent help for tenants hurt financially by pandemic

July 22, 2020 5:49 PM KVIA ABC-7

UPDATE, July 28: The deadline for El Paso landlords to apply for rental assistance to help tenants hard hit financially by the coronavirus pandemic…

Juarez approaches 4,300 virus cases, 650 deaths as Mexican businesses struggle in pandemic

July 28, 2020 9:27 PM KVIA ABC-7, Associated Press

CIUDAD JUAREZ, Mexico — As of Tuesday, Ciudad Juarez accounts for 4,288 of Chihuahua state’s 7,707 confirmed cases of Covid-19 and 648 of its 885…