Stocks cling to gains as Big Tech comes to DC; Kodak skyrockets
Stocks were slightly higher at the start of an eventful Wednesday, during which Big Tech executives will testify before Congress and the Federal Open Market Committee will release its July monetary policy statement. A host of quarterly corporate earnings…
4 tech CEOs walk into Congress …
The prospect of Wednesday’s big tech antitrust hearing, during which Facebook’s Mark Zuckerberg, Apple’s Tim Cook, Sundar Pichai of Google’s parent corporation, and, of course, Amazon’s Jeff Bezos will all be testifying on…
The Battle to Avoid Becoming the Next Hertz
(Bloomberg Opinion) — Consumers fearful of catching the coronavirus are adapting their transport habits: Crowded airplanes are now unappealing, while being cocooned in a car feels safe. Car rental firms have had a close-up view of this rapid shift…
Good Neighbors
Photo credit: Hearst Owned From Esquire Aran looked up from watering the petunias to see a stranger with a pistol. The man stood halfway down the creek bed, where the poplars parted to reveal the lake beyond. His silhouette, with hunched shoulders and…
Stocks cling to gains ahead of BIg Tech, Fed; BA, GM rally after earnings
Stock futures were slightly higher at the start of an eventful Wednesday, during which Big Tech executives will testify before Congress and the Federal Open Market Committee will release its July monetary policy statement. A host of quarterly corporate…
Google’s Search Dominance Deserves Hot-Seat Scrutiny
(Bloomberg Opinion) — The main event has arrived. On Wednesday, and for the first time as a group, the CEOs of four of the biggest technology companies — Amazon.com Inc., Apple Inc. and Facebook Inc. and Google parent Alphabet Inc. — will go…
4 tech CEOs walk into Congress…
The prospect of Wednesday’s big tech antitrust hearing, during which Facebook’s Mark Zuckerberg, Apple’s Tim Cook, Sundar Pichai of Google’s parent corporation, and, of course, Amazon’s Jeff Bezos will all be testifying on…
Google in Talks to Take Over More Search Tasks on Samsung Phones
(Bloomberg) — Alphabet Inc.’s Google and Samsung Electronics Co. are negotiating a major deal that would give Google products more prominence on the South Korean company’s smartphones, according to correspondence viewed by Bloomberg News. The talks…
What to expect when tech’s tycoons come to Washington
Sundar Pichai, Tim Cook, Jeff Bezos and Mark Zuckerberg On Wednesday, the chief executives of Amazon, Apple, Facebook and Google face an unprecedented joint hearing in Washington as their companies face growing concerns about their size and power. Jeff…
Arm Accuses China Venture Ex-CEO of Blocking its Business
(Bloomberg) — Arm Ltd., the chip designer owned by SoftBank Group Corp., accused the ousted head of its China joint venture of hurting its business there, escalating a dispute that’s becoming a test of Beijing’s willingness to protect foreign…