(Reuters) – The coronavirus crisis has seen millions locked in their homes turn to videoconferencing apps, bringing with it question marks over security and privacy and a new verb – Zoombombing – the practice of uninvited users crashing into conversations. Fro... More »
(Reuters) – Shopify Inc said on Monday it would provide cash advances to small businesses in Canada that are struggling due to the impact of the coronavirus outbreak on the global economy. The Canadian e-commerce company launched a financing program, “Shopify ... More »
(Reuters) – AMC Entertainment Holdings Inc (AMC.N), the world’s largest movie theater operator, said on Friday it has enough cash to withstand a global suspension of operations until a possible partial reopening of its locations in July. The company said it wa... More »
(Reuters) – The technology arm of Britain’s National Health Service has been working on a mobile phone app with Alphabet Inc’s Google and iPhone maker Apple that the government hopes will help in ending the coronavirus lockdown, the Sunday Times newspaper repo... More »
(Reuters) – Boeing Co said on Monday it would send its Starliner astronaut spacecraft on another unmanned mission to the International Space Station, months after its last flight was cut short because of a software bug. During the December test, a series of so... More »
(Reuters) – Paulo Dybala left Gareth Bale out of his Real Madrid starting line-up but had no trouble beating the Welshman’s Manchester City side in a FIFA 20 video game as part of a Combat Corona fundraiser for UNICEF at the weekend. Juventus striker Dybala on... More »
(Reuters) – British aero-engine maker Rolls-Royce (RR.L) will abandon its targets on profits, cash and deliveries, and suspend its dividend, as airlines around the world ground planes due to the coronavirus outbreak, the Financial Times reported late on Sunday... More »
(Reuters) – Former New Orleans Saints kicker Tom Dempsey has died at the age of 73 after contracting COVID-19, the NFL team said on Sunday. Dempsey, who was born without toes on his right foot, joined the Saints out of college in 1969 and in November 1970 set ... More »
(Reuters) – Tesla Inc (TSLA.O) is cutting contractors from its U.S. car and battery plants, CNBC reported on Friday, citing workers and a contract staffing agency. The electric carmaker is axing contractors at both its vehicle assembly plant in Fremont, Califo... More »
(Reuters) – FedEx Corp (FDX.N) said on Friday it would slash its chief executive officer’s pay and draw down $1.5 billion from a credit facility as delivery services take a hit from coronavirus-led lockdowns across the globe. The company, which also suspended ... More »
(Reuters) – 3M Co (MMM.N) said on Friday it would increase the production of respirators and import more masks into the United States, after President Donald Trump invoked a law to help ease a shortage in the items needed to protect health staff against the co... More »
(Reuters) – Ford Motor Co (F.N) said on Friday Chief Executive Officer Jim Hackett’s total compensation fell to $17.4 million in 2019 from $17.8 million in 2018. The ratio of Hackett’s annual compensation to the median of the annual compensation of all employe... More »
(Reuters) – Wall Street’s main indexes opened lower on Friday as the novel coronavirus brought the longest U.S. employment expansion on record to an abrupt end. The Dow Jones Industrial Average .DJI fell 127.51 points, or 0.60%, at the open to 21,285.93. The S... More »
(Reuters) – English soccer club Chelsea have teamed up with domestic abuse charity Refuge to help raise funds for women and children left in vulnerable situations because of the coronavirus pandemic. Some experts have warned that self-isolation directives duri... More »
(Reuters) – Uber and Lyft drivers are hitting a wall in their efforts to apply for the coronavirus jobless benefits promised by Congress as state agencies say they are not ready to handle a class of workers who are totally new to the U.S. unemployment system. ... More »
(Reuters) – Netflix Inc led rivals YouTube, Amazon Prime and Disney+ with over 59 million installs in the first quarter of 2020, but more time was spent on YouTube’s Kids service as usage boomed following the shutdown of thousands of schools in March. YouTube,... More »
(Reuters) – Bond investor and DoubleLine Capital Chief Executive Jeffrey Gundlach said on Tuesday he believes the coronavirus sell-off is not over yet and that the lows stocks hit in March will be surpassed in April due to uncertainty over the outbreak. “I thi... More »
(Reuters) – Troubled fashion retailer Ted Baker (TED.L) on Monday named Chief Financial Officer Rachel Osborne to the permanent role of chief executive officer, replacing Lindsay Page who stepped down last year. The British company said the search for a chairm... More »
(Reuters) – The postponement of the Tokyo Olympics has dampened the hopes of Indonesia’s Mohammad Ahsan and Hendra Setiawan of becoming the sport’s oldest gold medalists, but the pair is determined to stay in shape by restructuring their training program. A ne... More »
(Reuters) – Major sports events around the world that have been hit by the coronavirus pandemic: OLYMPICS * The International Olympic Committee and Japan’s Prime Minister Shinzo Abe concluded the Tokyo 2020 Olympics must be postponed and held no later than the... More »
(Reuters) – Microsoft Corp on Friday said it would sell its stake in AnyVision, an Israeli facial recognition startup, and said it no longer would make minority investments in companies that sell the controversial technology. The decision marks a policy change... More »
(Reuters) – Alphabet Inc (GOOGL.O) will donate more than $800 million in funds towards producing medical supplies used to fight COVID-19, and in ad credits to government and health organizations and businesses, Chief Executive Officer Sundar Pichai said on Fri... More »
(Reuters) – The White House’s top trade advisor denied on Tuesday that the Trump administration was considering a three-month deferral of tariff payments on imported goods to ease the pain of the economic shutdown caused by the coronavirus pandemic. Industry g... More »
(Reuters) – Gilead Sciences Inc’s experimental drug remdesivir, seen as one of the more promising potential treatments for the coronavirus, on Monday received the orphan drug designation from the U.S. Food and Drug Administration. The announcement comes days a... More »
(Reuters) – Drugstore chain CVS Health Corp said on Monday it was hiring 50,000 employees across the United States to assist patients and customers with the coronavirus outbreak. The new hires would fill in roles ranging from store associates to home delivery ... More »
(Reuters) – President Donald Trump said on Sunday the United States will make a decision at the end of a 15-day period on “which way we want to go”, to curb the spread of the coronavirus. “We cannot let the cure be worse than the problem itself,” he said on Tw... More »
(Reuters) – Yum China Holdings Inc (YUMC.N) said on Monday its business was in the early stages of recovery, weeks after the fast-food chain operator had to close over a third of its outlets at the peak of the coronavirus outbreak, which originated in the coun... More »
(Reuters) – The NBA may have been suspended due to the coronavirus outbreak but that has not stopped the league from using its massive online reach to good effect by educating its followers, sharing important information and guidelines related to the pandemic.... More »
(Reuters) – Argentine sailor Santiago Lange said the International Olympic Committee (IOC) deserves more time to decide on potentially postponing the Tokyo Games but the well-being of athletes should be a top priority as the coronavirus pandemic spreads. On Su... More »
(Reuters) – Tesla Inc said on Thursday it has decided to temporarily suspend production at its Fremont factory from Tuesday. The factory in New York will also suspend production, it said. Source: https://www.reuters.com/article/us-health-coronavirus-tesla/tesl... More »
(Reuters) – Activist investor Starboard Value is pressuring eBay for the second time in two years and said on Thursday that it plans to install four directors on the e-commerce company’s 14-member board. The hedge fund, which last year helped fill one board se... More »
(Reuters) – Cirque du Soleil Entertainment Group said on Thursday it has laid off almost all of its workforce, except the support team, as social distancing due to the coronavirus pandemic forced the Montreal-based circus company to cancel shows. The job cuts ... More »
(Reuters) – Drugs used for treating arthritis are being tested as treatments for COVID-19, the disease caused by a new coronavirus, as researchers rush to find ways of helping patients and slowing the number of infections. Sanofi and Regeneron Pharmaceuticals ... More »
(Reuters) – The Federal Reserve unexpectedly cut interest rates on Sunday for the second time in less than two weeks, an emergency move to help shore up the U.S. economy as a coronavirus pandemic spreads worldwide. In a statement, the central bank said it was ... More »
(Reuters) – France international Eliaquim Mangala said that he is one of the five players and staff of La Liga side Valencia who have tested positive for the coronavirus. The 29-year-old’s team mate Ezequiel Garay on Sunday became the first La Liga player to c... More »
(Reuters) – Nike Inc, Lululemon Athletica Inc and Under Armour Inc on Sunday said they would close stores in the United States and other markets, joining a growing list of major retailers moving to help limit the spread of the coronavirus. The virus, which beg... More »
(Reuters) – The International Olympic Committee (IOC) must give athletes some “clarity, transparency and flexibility” by postponing the Tokyo Games over the coronavirus pandemic, British athlete Guy Learmonth has said. The flu-like virus which originated in Ch... More »
(Reuters) – Walt Disney Co said on Friday it would make the sequel to hit animated movie “Frozen” available on its streaming platform Disney+ three months ahead of schedule in the United States, as media companies respond to the coronavirus outbreak. The compa... More »
LOS ANGELES (Reuters) – U.S. theater operators moved to prevent the spread of coronavirus and reassure audiences ahead of a weekend with options ranging from satirical thriller “The Hunt” to Pixar animated adventure “Onward” and faith-based film “I Still Belie... More »
(Reuters) – William Ackman’s publicly traded hedge fund gained nearly 3% this year, though the billionaire investor warned of volatility ahead as world markets reel under the economic hit from the coronavirus epidemic. Pershing Square Holdings Ltd on Monday sa... More »
(Reuters) – The following is a list of international sports events hit by the outbreak of the new coronavirus: ATHLETICS ** The World Athletics Indoor Championships, scheduled for Nanjing from March 13-15, were postponed until next year. World Athletics is wor... More »
(Reuters) – The World Baseball Softball Confederation (WBSC) said on Monday it has postponed its final qualification tournament for the Tokyo Olympics to June because of the coronavirus epidemic. The six-team event, originally scheduled for April 1-5 in Taiwan... More »
KABUL (Reuters) – Afghanistan on Monday identified the country’s first case of coronavirus as reported cases outside China jump. Ferozuddin Feroz, the minister of public health, told a press conference in Kabul one of three suspected cases had been confirmed i... More »
(Reuters) – Twitter Inc said on Thursday that it was testing a new community moderation approach that would enable users to identify misleading information posted by politicians and public figures and add brightly colored labels under those tweets. NBC News ea... More »
(Reuters) – WarnerMedia is reuniting its “Friends” cast for an untitled, unscripted special for its upcoming streaming service, HBO Max, the company said on Friday. AT&T Inc’s (T.N) WarnerMedia said series stars Jennifer Aniston, Courteney Cox, Lisa Kudrow, Ma... More »
(Reuters) – Here are the latest developments around the coronavirus outbreak: *The death toll in mainland China reached 1,770 as of Sunday-end, up by 105 from the previous day, while there were 2,048 new cases, bringing the total count to 70,548. *In Hubei pro... More »
(Reuters) – British nanotechnology company Nanoco said on Monday it has filed a patent infringement lawsuit against Samsung Electronics Co and affiliates in a district court in Texas relating to quantum dots. Nanoco, which produces quantum dots that are used t... More »
(Reuters) – Fourteen U.S. citizens tested positive for the new coronavirus during the evacuation of over 300 U.S. nationals and their family members from a quarantined ship in Japan, the U.S. State Department said on Monday. The passengers were preparing to re... More »
(Reuters) – NMC Health (NMC.L) said on Monday its founder BR Shetty had resigned as the Emirati healthcare group’s joint non-executive chairman, leaving UK businessman H.J. Mark Tompkins as sole chairman. NMC, the United Arab Emirates’ largest private healthca... More »
(Reuters) – NMC Health (NMC.L) said on Monday its founder BR Shetty had resigned as joint non-executive chairman, months after the UAE healthcare group was thrown into turmoil by doubts over its finances. NMC is the largest private healthcare company in the Un... More »
NEW YORK (Reuters) – New York on Sunday dropped its fight against the $40 billion merger of U.S. wireless carriers T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N), saying the state would not appeal a judge’s approval of the deal. New York Attorney General Letit... More »
(Reuters) – The following is a list of international sports events affected by the coronavirus that has killed over 900 people and infected more than 40,000 in China after it first emerged in Wuhan, Hubei province, late last year: ATHLETICS * The World Athleti... More »
(Reuters) – Australia’s Boral Ltd (BLD.AX) said on Monday delays to building projects due to bushfires will likely cause a plunge in its second-half results, while revealing an investigation had found inflated earnings at its North American window-making busin... More »
(Reuters) – The following is a list of international sports events affected by the coronavirus, which has killed over 300 people and infected more than 14,000 in China after it first emerged in Wuhan, Hubei province, late last year: ATHLETICS * The World Athle... More »
(Reuters) – U.S. Secretary of State Mike Pompeo said the United States will send a handful of more flights to China to bring back U.S. citizens from Hubei province, the epicenter of a virus epidemic. “We might be bringing citizens home from other countries as ... More »
(Reuters) – Twitter Inc has banned financial market website Zero Hedge from the social media platform after it published an article linking a Chinese scientist to the outbreak of the fast-spreading coronavirus last week. Zero Hedge said it received a notificat... More »
(Reuters) – Softbank (9984.T)-backed office sharing firm WeWork named real estate industry veteran Sandeep Mathrani as its new chief executive on Saturday. Mathrani will join the company as the CEO from Feb. 18, 2020 and will report to Marcelo Claure, who will... More »
(Reuters) – Actor and comedian Adam Sandler has reached a deal with Netflix Inc to make four new movies for the global streaming service, the company said on Friday. Sandler, a former “Saturday Night Live” cast member who built a career on movies such as “Grow... More »
MELBOURNE (Reuters) – Highlights of the eighth day at the Australian Open, the first Grand Slam tournament of the year, on Monday (times AEDT- GMT+11): 1633 MUGURUZA MARCHES INTO LAST EIGHT Unseeded Spaniard Garbine Muguruza continued her charge toward a third... More »
MELBOURNE (Reuters) – Roger Federer continues his quest for a 21st Grand Slam title at the Australian Open on Tuesday but for his journeyman opponent Tennys Sandgren their quarter-final meeting is the latest chapter in a story of survival in professional tenni... More »
(Reuters) – U.S. state attorneys general will meet Justice Department attorneys next week to share information on their investigations into Alphabet Inc’s Google, two sources familiar with the matter told Reuters on Sunday. The probes revolve around monopolist... More »
(Reuters) – The U.S. government is planning to permanently halt its civilian drone program due to the devices being made at least partly in China, the Financial Times reported on Sunday. The U.S. Department of the Interior is considering halting about 1,000 dr... More »
LONDON (Reuters) – Women’s marathon world record holder Brigid Kosgei will return to defend her title at this year’s London Marathon, organisers said on Monday. Kenya’s Kosgei retained her Chicago Marathon crown last October in two hours, 14 minutes and four s... More »
(Reuters) – The ATP will donate $500,000 to the WWF Australian Wildlife and Nature Recovery Fund as part of the bushfire relief efforts, the governing body of men’s tennis said on Sunday. The donation from players was announced by Novak Djokovic and Rafa Nadal... More »
BERLIN (Reuters) – The board member overseeing an outside audit of Wirecard has been elected as chairman of the German payments company as it battles allegations of fraud and false accounting that have hit its share price. Thomas Eichelmann, a former chief fin... More »
(Reuters) – Alphabet’s new Chief Executive Sundar Pichai on Friday gained the opportunity to reshape the leadership of Google’s parent with the exit of Chief Legal Officer David Drummond, whose outsized strategic role was overshadowed by employee concerns abou... More »
LONDON (Reuters) – Willie Walsh, the chief executive of British Airways-owner IAG (ICAG.L), will step down from the airlines group he helped to build later this year and hand the reins to a key lieutenant, Luis Gallego. Walsh had said in November that successi... More »
(Reuters) – American qualifier Jennifer Brady claimed the first top 10 win of her career with an upset 6-4 7-6(4) straight sets victory over world number one Ash Barty on Thursday to advance to the Brisbane International quarter-finals. With the tournament mov... More »
(Reuters) – The U.S. Food and Drug Administration said on Wednesday it approved Merck & Co Inc’s Keytruda for a hard-to-treat form of bladder cancer, making it the first new treatment for the cancer in more than two decades. The therapy was approved for patien... More »
(Reuters) – GlaxoSmithKline’s HIV drugs division ViiV Healthcare said on Saturday that the U.S. Food and Drug Administration declined to approve its long acting HIV injection. ViiV, in which Pfizer and Shionogi have small stakes, said it received a so-called c... More »
(Reuters) – The U.S. securities regulator has asked at least two trading firms for information regarding a broad investigation into initial public offerings and direct listings going back five years on the New York Stock Exchange, a person familiar with the ma... More »
(Reuters Health) – Nearly 85% of toddlers and infants in the United States eat foods containing added sugars and artificial sweeteners on any given day, researchers say. Based on data from the Centers for Disease Control and Prevention (CDC) from 2011 through ... More »
(Reuters) – The estate of a stuntman who died after falling 20 feet onto a concrete floor on a set of the AMC horror series “The Walking Dead” has been awarded $8.6 million by a jury in Atlanta, his family’s lawyer said. John Bernecker’s parents had sued AMC N... More »
STOCKHOLM (Reuters) – Appliance maker Electrolux AB (ELUXb.ST) said on Sunday its North American business would take a higher than forecast $70 million earnings hit in the fourth quarter, partly due to extra costs related to its move into a new facility in Sou... More »
(Reuters) – The Malaysian Open will return to the Asian Tour next year following a four-year hiatus, officials said on Monday. The event will offer a purse of $1 million and be held at Kota Permai Golf and Country Club March 5-8. The Malaysian Open became the ... More »
(Reuters) – British boxer Tyson Fury has split with trainer Ben Davison and teamed up with Javan ‘Sugar’ Hill two months before his February rematch with WBC heavyweight champion Deontay Wilder. Davison responded to media reports that the pair were parting way... More »
(Reuters) – Bristol-Myers Squibb Co on Friday said it won a $752 million jury verdict against Gilead Sciences Inc in a U.S. patent dispute relating to technology for treating cancer. A jury in Los Angeles awarded the damages after finding that Yescarta, a trea... More »
(Reuters) – Shares of Sarepta Therapeutics Inc (SRPT.O) soared 31% on Friday after U.S. regulators shocked Wall Street by approving the company’s treatment for a muscle-wasting disorder less than four months after rejecting the drug over safety concerns. The F... More »
(Reuters) – Goldman Sachs raised its oil price forecasts for 2020, citing tighter-than-expected inventories after the Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed to deepen oil output cuts through the first quarter of next yea... More »
(Reuters) – House Democrats and U.S. Trade Representative Robert Lighthizer are nearing a deal to pass a revised version of the United States-Mexico-Canada Agreement, the Wall Street Journal reported late on Sunday, citing people familiar with the matter. “We ... More »
(Reuters) – Briton Anthony Joshua, who reclaimed his world heavyweight titles with a clinical victory over Andy Ruiz Jr on Sunday, says a health issue had left him tired and drained before his shock defeat to the Mexican-American in their first fight in June. ... More »
(Reuters) – Nearly half of lymphoma patients treated with Gilead Sciences Inc’s Yescarta were alive at least three years after a one-time infusion of the CAR-T cell therapy, according to data presented on Saturday. Out of 101 patients teated with Yescarta for ... More »
(This Dec. 5 story corrects first paragraph to say growth was slower not declined in previous years, removes reference to projected spending in eighth paragraph) (Reuters) – U.S. healthcare spending grew faster in 2018 after two slower growth years, a governme... More »
(Reuters) – Amazon.com Inc said on Friday it would open a new office in New York’s Manhattan to house its consumer and advertising teams. The office will open in 2021 and accommodate more than 1,500 employees, the company said. In February, Amazon scrapped its... More »
(Reuters) – A trade deal between United States and China was now “stalled because of Hong Kong legislation”, news website Axios reported on Sunday, citing a source close to U.S. President Donald Trump’s negotiating team. The deal was stalled also because time ... More »
(Reuters) – Private equity firm Silver Lake on Monday named company veterans Egon Durban and Greg Mondre to the newly formed roles of co-chief executive officers. The firm, which manages over $43 billion in combined assets, said Durban and Mondre, who were man... More »
LONDON (Reuters) – British online grocer and technology company Ocado has launched a 500 million pounds ($642 million) convertible bond offering, partly to fund the construction of robotic warehouses for its overseas partners, it said on Monday. While Ocado’s ... More »
(Reuters) – Britain’s competition watchdog on Monday said it was probing Google’s $2.6 billion buyout of privately held big-data analytics firm Looker Data Sciences. The Competition and Markets Authority (CMA) said it was considering whether the deal could hur... More »
(Reuters Health) – Americans today are expected to live shorter lives than just a few years ago, in contrast with trends seen in other developed nations, and rising deaths from alcohol-related liver disease may be partly to blame, researchers say. Analyzing da... More »
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk indicated in a tweet on Sunday that the electric carmaker received 200,000 orders for its electric pickup truck within three days of its launch. Musk, who has been regularly tweeting about the Cy... More »
(Reuters) – Australia has agreed to relax restrictions imposed on the travel of horses from Hong Kong, ending a two-year stand-off between the two countries, the South China Morning Post reported on Monday. The movement of horses between the jurisdictions was ... More »
(Reuters) – HP Inc (HPQ.N) reiterated on Sunday its rejection of Xerox Corp’s (XRX.N) $33.5 billion cash-and-stock offer for the company, adding that the proposal “significantly undervalues HP.” The personal computer maker said last Sunday it rebuffed Xerox’s ... More »
(Reuters) – LVMH (LVMH.PA) is close to buying U.S. jewelry chain Tiffany & Co (TIF.N) for about $16.3 billion after sweetening its offer, sources said on Sunday, as the owner of Louis Vuitton and Bulgari aims to tap the fast-growing luxury jewelry market. The ... More »
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Saturday that there have been about 150,000 orders thus far for the electric carmaker’s Cybertruck, which was unveiled late on Thursday. “146k Cybertruck orders so far, with 42% choosing dual, 41... More »
(Reuters) – Amazon.com Inc filed a lawsuit in a federal U.S. court on Friday contesting the U.S. Defense Department’s decision last month to award a Pentagon cloud computing contract worth up to $10 billion to rival bidder Microsoft Corp. The complaint and sup... More »
(This November 16 story has been refiled to correct the number in the headline) By Kanishka Singh (Reuters) – Japan’s Nissan Motor Co Ltd (7201.T) has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a ... More »
WASHINGTON (Reuters) – The Trump administration is set to issue a 90-day extension of a license on Monday allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd [HWT.UL], two sources familiar with the deliberations said. Reu... More »
(Reuters) – The revamped Davis Cup format making its debut this week is fantastic for tennis and must be given a chance to succeed, Britain’s Andy Murray has said. The week-long tournament in Madrid’s Caja Magica, involving 18 teams split into six groups of th... More »
(Reuters) – An Airbus-backed air racing tournament unveiled an electric-powered sports aircraft on Sunday, billed as the world’s first, as the European planemaker seeks to boost its green aerospace technology. Several companies, including U.S. ride-hailing com... More »
(Reuters) – Electronic Arts Inc launched “Star Wars Jedi: Fallen Order” on Friday, garnering strong reviews for its flagship action-adventure series that is crucial to its holiday sales, after the videogame publisher shelved “NBA Live” game. The latest title, ... More »
