Facebook or Snap? This week analyst's from Wedbush breathed new life into the rivalry, downgrading Facebook on concerns around Apple's new privacy measures and upgrading Snap with a nod to its innovative platform and younger customer base. Two market analysts would take the other side of the trade, they told CNBC's "Trading Nation" on Wednesday. "I am friending Facebook and […]
Read moreFirst-time claims for U.S. unemployment benefits unexpectedly increased in the week ended April 3rd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged up to 744,000, an increase of 16,000 from the previous week’s revised level of 728,000. Jobless claims rose for the second straight week after falling to a one-year […]
Read more
MEXICO CITY (Reuters) – Retail giant Walmart is among the worst offenders in a new ranking of companies in Latin America that sell eggs from caged chickens, part of a new list of firms from Mexico to Argentina that aims to encourage more humane supply practices.FILE PHOTO: A customer shops inside a Walmart store in Mexico City, Mexico March 28, […]
Read more
The rate of the spread of COVID-19 had slowed across America. Increases in daily fatal and confirmed cases are still about half what they were seven weeks ago. Nevertheless, 569,556 Americans have died as of Wednesday, which is about 20% of the world’s total. Confirmed cases have reached 31,608,403, or about 23% of the global number. Hospitalizations, which were over […]
Read moreTim Höttges, chief executive of Deutsche Telekom, announced major investments in fiber-optic expansion at the Group’s Annual General Meeting: up to 2.5 billion euros a year. By 2024, Deutsche Telekom wants to equip ten million households with fiber-optic connections. By 2030, all households should even be connected to the fiber-optic network. So far, fiber-optic expansion in Germany has been slow. […]
Read moreThis is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here. The Spanish telecommunications sector is experiencing a time of strong competition and this is reflected in prices. Operators’ tariffs plummeted […]
Read moreA sharp rise in new coronavirus deaths was reported in the United States on Wednesday. With a whopping 2564 COVID-related fatalities, the U.S. total increased to 559116, according to the latest data from Johns Hopkins University. This is far higher than the 7-day average of 992. This is the highest figure recorded in a day in the country since February […]
Read more
The People's Bank of China released a working paper late Wednesday that discussed how the country's aging population problems are worse than that of other nations. The central bank paper also compared China's situation to that of India and the United States. Authors of the report suggested China allow three or more children per household. BEIJING — China may be […]
Read more
California and Washington open up vaccines to all adults Thursday. It came as California Gov. Gavin Newsom urged all schools in the state to reopen, saying there are no health barriers to getting children back into classrooms and ending distance learning. His wishes, though, remain an expectation rather than a mandate because California’s decentralized education system lets the 1,200 school districts govern […]
Read more