Business
Air Canada announced Monday it would temporarily lay off nearly half of its employees and reduce activity by up to 90 percent in the second quarter due to the coronavirus.
Mar 31, 2020
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0
Business
Apple shares slumped on Wall Street Tuesday after the US tech giant warned of a bigger-than-anticipated financial hit from the coronavirus epidemic, roiling financial markets.
Feb 18, 2020
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4
Business
Apple announced Monday it would miss its March quarter revenue forecast and global iPhone supplies would fall because of the deadly coronavirus epidemic, triggering a fall in Asian stock markets.
Feb 18, 2020
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4
Business
Major Japanese technology investor SoftBank Group said Wednesday its net profit plunged nearly 70 percent for the nine months to December as investments in sharing economy companies including WeWork and Uber took a hit.
Feb 12, 2020
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2
Business
Japanese giant SoftBank Group said Wednesday it suffered an operating loss of $6.4 billion in the second quarter, the worst in its history, as it took a hit from investments in start-ups including WeWork and Uber.
Nov 6, 2019
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7
Consumer & Gadgets
Google is buying Fitbit for about $2.1 billion, enabling the internet company to step back into the hotly contested market for smartwatches and health trackers.
Nov 1, 2019
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18
Business
The head of Uber said Tuesday that the global ride services firm was counting on India, Africa and the Middle East for future growth amid investor fears about mounting losses and a slump in its share price.
Oct 22, 2019
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5
Business
Shares of Netflix are opening in negative territory for the year—the first time that's happened since 2016—as major media players step into the stream to fight for subscribers.
Sep 24, 2019
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Other
Federal safety officials are recruiting pilots from airlines around the world to test changes that Boeing is making to the flight-control software on the grounded 737 Max jet, according to two people briefed on the situation.
Aug 23, 2019
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3
Business
Chinese internet giant Baidu regained momentum during the second quarter, posting better-than-expected revenue on Tuesday thanks to strong traffic growth, though it also announced a huge drop in net profit.
Aug 20, 2019
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2
