Softbank-backed satellite startup OneWeb files for bankruptcy
OneWeb — which for years chased a multibillion-dollar dream of beaming cheap, high-speed Internet from space — filed for bankruptcy on Friday.…
Continue ReadingBiz/Tech
Trump signs $2.2 trillion virus relief bill into law after swift Congressional vote
WASHINGTON, DC — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law Friday, after swift and…
Continue Reading
El Paso daycares feel the pinch during coronavirus emergency
EL PASO, Texas — “It was in our best interest and in our families, our clients and children to make that decision to close,” said Nick Frescas, a…
Continue Reading In the race to secure medical supplies, countries ban or restrict exports
The European Union announced on March 15 it was restricting exports of personal protective equipment, including face shields, surgical masks and…
Continue Reading Venmo and Cash App want to deliver government stimulus payments
Online payment services like Venmo and Cash App have exploded in popularity over the past few years, but they haven’t quite hit the legitimacy…
Continue Reading Wealthy real estate developers like Trump score a huge tax break in the stimulus bill
The $2 trillion coronavirus stimulus bill passed by the Senate provides aid for average consumers and small businesses — but there’s also…
Continue Reading The ride hailing industry is getting turned on its head by coronavirus
Just days after President Donald Trump announced earlier this month that all travel from Europe to the United States would be temporarily suspended…
Continue Reading Fox Business parts ways with Trish Regan, host who dismissed coronavirus as ‘impeachment scam’
The Fox Business Network announced on Friday that it had parted ways with Trish Regan, the conservative news host who ignited controversy earlier…
Continue Reading ESPN’s NBA analyst Doris Burke tested positive for coronavirus
Doris Burke, who works as an NBA analyst for ESPN, says she is now symptom-free, after testing positive for coronavirus earlier this month. Burke…
Continue Reading Automakers are racing to make ventilators. But it’s not that easy
US automakers have come to the rescue when the nation has faced supply shortages during wartime in the past. Ford built heavy bomber airplanes and GM…
Continue Reading Google is donating $800 million to help with the coronavirus crisis
Google is committing to donate more than $800 million to support businesses, organizations and healthcare workers as part of its coronavirus response…
Continue Reading $50 billion airline bailout won’t be enough to save US industry
The $50 billion airline bailout passed by the Senate will help keep the airlines alive, but it won’t solve the industry’s most severe…
Continue Reading American craft brewers were already in trouble. Then came coronavirus
America’s craft brewers were headed for a rocky spell before the coronavirus pandemic. Now, many are worried their livelihoods could be doomed.…
Continue Reading Trump in crisis mode uses Hannity interview to attack the media and Democratic governors
President Trump’s media allies and social media attack dogs are deflecting criticism of the federal government’s response to the…
Continue Reading Boeing will seek federal help — but won’t give taxpayers a stake
Boeing still expects to get some help from the federal government. Just not the same kind of help that the airlines are set to receive. Although the…
Continue Reading
Stocks close lower on Wall Street following big 3-day rally
NEW YORK, NY — Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package…
Continue Reading Why Walmart is seeing increased sales for tops, but not bottoms during the coronavirus crisis
With more and more people working from home, Walmart has picked up on an interesting trend: Tops have seen an increase in sales, while bottoms…
Continue Reading
From the brink of bankruptcy to a 1,300% stock gain: How this CEO turned around her company.
Even though the company was bleeding money, laden with debt and staring down a potential bankruptcy, becoming chief executive of chip maker Advanced…
Continue Reading From the brink of bankruptcy to a 1,300% stock gain: How this CEO turned around her company.
Even though the company was bleeding money, laden with debt and staring down a potential bankruptcy, becoming chief executive of chip maker Advanced…
Continue Reading Hundreds of journalists are being laid off, right when the public needs them the most
2020 was supposed to be a banner year for digital media. BuzzFeed, Group Nine, and Vice each indicated that this year they would be profitable, a…
Continue Reading Apple releases coronavirus screening app and website in partnership with CDC
Apple on Friday released a website and an iOS app that allows users to screen themselves for coronavirus symptoms, marking another response to the…
Continue Reading How governments are using text alerts to fight the coronavirus pandemic
For people living in South Korea, emergency texts from officials now come about three to five times a day. They detail the exact locations and…
Continue Reading The EU can’t agree on how to help Italy and Spain pay for coronavirus relief
Deep divisions within the European Union are hampering efforts to tackle the economic fallout of the coronavirus pandemic. The European Union made…
Continue Reading
White House reassessing deal with General Motors and Ventec Life to produce ventilators over timeline and price tag concerns
The Trump administration was in talks with General Motors and Ventec Life Systems to announce a joint agreement to produce thousands of desperately…
Continue Reading
This small island chain is leading the way on hydrogen power
Too much clean energy. It’s an unusual problem to have, and one that’s spurred a group of islands off the northern coast of Scotland to…
Continue Reading This small island chain is leading the way on hydrogen power
Too much clean energy. It’s an unusual problem to have, and one that’s spurred a group of islands off the northern coast of Scotland to…
Continue Reading
How to reopen America
Covid-19 poses two dire threats to the United States: the potential death of 200,000 to 1.7 million Americans, according to a set of Centers for…
Continue Reading People are holding video game weddings and graduation ceremonies
During the coronavirus pandemic, people are finding a creative way to stay connected: through video games. From weddings and graduation ceremonies to…
Continue Reading Zoom’s massive ‘overnight success’ actually took nine years
When you think of a social network, you probably imagine news feeds, birthday reminders and baby photos. But the social network of the moment —…
Continue Reading Net-a-Porter and Next are suspending online shopping to keep workers safe
Hundreds of millions of people around the world have been told to stay home to combat the coronavirus pandemic, driving huge demand for online…
Continue Reading