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Big Tech Earnings Surge During Pandemic While Economy Slumps

by Nenita M. Eller | Jul 31, 2020 | Tech News

(Bloomberg) — The largest U.S. technology companies are thriving in a pandemic that has increased dependence on their products and services, while hammering much of the rest of the economy.Quarterly results from Apple Inc., Amazon.com Inc., Facebook Inc. and...

Big Tech Earnings Surge During Pandemic While the Economy Slumps

by Nenita M. Eller | Jul 31, 2020 | Tech News

(Bloomberg) — The largest U.S. technology companies are thriving in a pandemic that has increased dependence on their products and services, while hammering much of the rest of the economy.Quarterly results from Apple Inc., Amazon.com Inc., Facebook Inc. and...

Samsung Electronics defies pandemic with profit rise

by Nenita M. Eller | Jul 30, 2020 | Smartphone

South Korean tech giant Samsung Electronics defied the coronavirus to report higher net profits in the second quarter Thursday, with strong demand for memory chips overcoming the pandemic’s impact on smartphone sales. Long known as the world’s biggest...

Mitsubishi expects a massive loss this year due to the coronavirus pandemic

by Nenita M. Eller | Jul 27, 2020 | Car

See Full Image Gallery >> TOKYO — Mitsubishi Motors reported Monday a $1.7 billion (176 billion yen) loss for April-June, and forecast more red ink for the fiscal year, as the coronavirus pandemic slammed auto demand around the world. The Japanese automaker had...

Carvana made buying a car painless during pandemic hell

by Nenita M. Eller | Jul 27, 2020 | Gadget

The entire purchase process took around 10 minutes. I clicked “Get Started” in the Carvana app, which kicked off a 45 minute timer reservation of the vehicle. I configured a loan with a manageable monthly payment and the largest deposit I could put together, picked a...
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