FILE PHOTO: Japan’s SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, Nov. 5, 2018. REUTERS/Kim Kyung-Hoon/File Photo August 7, 2020 By Sam Nussey TOKYO (Reuters) – SoftBank Group Corp <9984.T> is seen returning to profitability in the first quarter on Tuesday as the value […]
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Facebook employees to work from home until July 2021 due to coronavirus outbreak; get $1,000 for home offices
FILE PHOTO: The entrance sign to Facebook headquarters is seen through two moving buses in Menlo Park, California, on Wednesday, October 10, 2018. REUTERS/Elijah Nouvelage/File Photo August 7, 2020 By Kanishka Singh (Reuters) – Facebook Inc <FB.O> will allow employees to work from home until July 2021 due to the […]
Trump reimposes tariffs on raw Canadian aluminum, says needs to defend U.S. industry
U.S. President Donald Trump wears a protective face mask due to the coronavirus disease (COVID-19) pandemic as he talks with workers while touring a Whirlpool Corporation washing machine factory as U.S. Rep. Jim Jordan (R-OH), also wearing a mask, looks on in Clyde, Ohio, U.S., August 6, 2020. REUTERS/Joshua Roberts […]
News Corp beats revenue estimates on strong online subscriptions
August 6, 2020 (Reuters) – News Corp <NWSA.O> on Thursday reported smaller-than-expected drop in quarterly revenue, as higher online subscriptions during the coronavirus crisis helped offset weaker advertising revenue. The company said subscriptions to The Wall Street Journal grew 15% to nearly 3 million on average, with digital-only users growing […]
Uber’s food-delivery business doubles; COVID-19 eviscerates rides demand
FILE PHOTO: Delivery bags with logos of Uber Eats are seen on a street amid the outbreak of the coronavirus disease (COVID-19) in central Kiev, Ukraine May 27, 2020. REUTERS/Valentyn Ogirenko/File Photo August 6, 2020 By Tina Bellon and Akanksha Rana (Reuters) – Uber Technologies Inc <UBER.N> said demand for […]
Bale did not wish to play for Real against City, says Zidane
August 6, 2020 MANCHESTER (Reuters) – Real Madrid coach Zinedine Zidane has revealed Gareth Bale chose not to travel to his side’s Champions League decider against Manchester City because he did not want to play, signalling the latest rift between the club and their joint-record signing. Bale barely featured for […]
AbbVie agrees to pay $24 million to resolve Humira California lawsuit
August 6, 2020 (Reuters) – AbbVie Inc has agreed to pay $24 million to settle a lawsuit that alleged insurance fraud by the drugmaker in promoting its blockbuster drug Humira, California’s insurance regulator said on Thursday. AbbVie denied the allegations, but agreed to look into how Humira is marketed to […]
Stocks rise, yields slip as investors await stimulus
FILE PHOTO: A money changer counts U.S. dollar banknotes at a currency exchange office in Diyarbakir, Turkey May 23, 2018. REUTERS/Sertac Kayar August 6, 2020 By Herbert Lash NEW YORK (Reuters) – Global equity markets edged higher and bond yields eased off earlier lows on Thursday as investors awaited word […]
R&B star Lizzo to produce TV programming for Amazon’s streaming service
FILE PHOTO: 62nd Grammy Awards – Photo Room– Los Angeles, California, U.S., January 26, 2020 – Lizzo poses backstage with her Best Pop Solo Performance award for “Truth Hurts”, Best Urban Contemporary Album for “Cuz I Love You (Deluxe)” and Best Traditional R&B Performance for “Jerome”. REUTERS/Monica Almeida August 7, […]
NFL: Dozens of players positive for COVID-19 since training camps open, opt-out deadline looms
FILE PHOTO: NFL Football – Super Bowl LIV – Kansas City Chiefs v San Francisco 49ers – Hard Rock Stadium, Miami, Florida, U.S. – February 2, 2020. Kansas City Chiefs’ Travis Kelce celebrates with the Vince Lombardi trophy after winning the Super Bowl LIV. REUTERS/Mike Blake August 6, 2020 (Reuters) […]