Amazon Web Services or AWS, an Amazon.com, Inc. company, has inked a deal with the National Hockey League (NHL) to become the Official Cloud, Artificial Intelligence, and Machine Learning Infrastructure Provider of the professional ice hockey league. Under the partnership, AWS will help the NHL bring its more than 670 million fans closer to the ice with new viewing experiences […]
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The federal minimum wage of $7.25 hasn’t changed since 2009. Many states and localities have taken matters into their own hands and raised pay. But some have not; Insider mapped all of the most recent increases. Visit the Business section of Insider for more stories. To kick off the new year, 20 states raised their minimum wages around the start […]
Read moreCalifornia became the worst affected U.S. state in terms of total cases of coronavirus infection and deaths due to the disease. The golden state, which is already far ahead of other states in the number of cases, on Wednesday surpassed New York as the US state with the highest number of Covid-19 fatalities since the beginning of the pandemic. A […]
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Auto companies are now grappling with a slowdown in sales, triggered by pent up demand due to the COVID-led lockdown easing a bit and supply-side issues for raw material. After a phenomenal rally since March 2020 low that saw the Nifty Auto index jump 132 per cent since then compared to a 93 per cent gain in the Nifty50, the […]
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(Reuters) – Chinese tech giant Tencent Holdings Ltd said a company executive is being held by Chinese authorities over allegations of ‘personal corruption’, after a media report said the move was linked to sharing of personal data from its popular WeChat app.FILE PHOTO: A logo of Tencent is seen at its booth at the 2020 China International Fair for Trade […]
Read moreFILE PHOTO: Bottles of Coca-Cola are seen at a Carrefour Hypermarket store in Montreuil, near Paris, France, February 5, 2018. REUTERS/Regis Duvignau/File Photo (Reuters) – Coca-Cola Co on Wednesday forecast a return to organic revenue growth this year after a pandemic-hammered 2020 and beat Wall Street estimates for quarterly profit on aggressive cost cutting, sending its shares up 2% in […]
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Persimmon, the UK housebuilder that has been battling to restore trust with customers over historic build quality issues, has announced a £75m provision to help fund the removal of potentially unsafe cladding on its buildings. The company revealed work may be necessary on 26 sites it built historically, including nine high-rise buildings over 18 metres, which Persimmon insisted met all […]
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FILE PHOTO: Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania, U.S., December 8, 2018. Picture taken December 8, 2018. REUTERS/Mark Makela(Reuters) – Simon Property Group Inc forecast a rise in its 2021 profit on Monday as the U.S. mall operator benefits […]
Read moreIs this the start of something big? Cryptocurrency prices are soaring after Tesla said yesterday that it had purchased $1.5 billion worth of Bitcoin with company funds. It also said it would accept payments in the cryptocurrency in the future. Bitcoin’s price, which had already been climbing, promptly set records. The latest surge stands out for its magnitude. The recent […]
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