Business

Microsoft's Activision Blizzard deal gets global scrutiny

Microsoft's plan to buy video game giant Activision Blizzard for $68.7 billion could have major effects on the gaming industry, transforming the Xbox maker into something like a Netflix for video games by giving it control ...

Business

Amazon reports rare quarterly loss as online shopping slows

Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a slowdown in pandemic-induced online shopping and a huge write-down of its investment in an electric-vehicle startup.

Business

Amazon faces new union organizing push in US

Workers at an Amazon warehouse in New York are seeking to unionize, the organizing group said Thursday, six months after a similar attempt in Alabama failed.

Internet

Fast internet everywhere could add $160 billion to US economy

The U.S. economy stands to gain $160 billion a year in extra output from a successful national high-speed internet plan that would boost labor productivity and allow more people to work from home, according to new research.

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