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Stocks fall as economic pain deepens, rally runs out of gas
NEW YORK (AP) — Wall Street closed out its first losing week in three with another drop on Friday after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline. The S&P 500 fell 27.29, or 0.7%, to 3,768.25, with stocks of companies that...
Asian shares mixed following Biden speech, Wall St retreat
Asian shares were mixed on Friday after a late slide in several Big Tech stocks left major indexes lower on Wall Street. U.S. futures were trading slightly lower after President-elect Joe Biden announced his plans to propose a $1.9 billion package to help along a recovery from the coronavirus pandemic. Biden...
How major US stock indexes fared Thursday
A late slide in several Big Tech stocks left major U.S. indexes lower Thursday, even as small-company stocks marched to another record high. The S&P 500 was weighed down by losses in Apple, Microsoft and other huge tech companies. Those losses outweighed gains in banks, industrials and other sectors. Treasury...
Microsoft ousts rivals from CES marquee as show moves online
This week, Microsoft had a big test on its hands — how to help transform the world's biggest gadget show into an online-only event. The choice of Microsoft to power this year's CES and create a virtual showcase for its 1,800 exhibitors gave the tech giant a big promotional boost over its best-known cloud...
Asian stocks mixed after Wall St rebounds from uncertainty
BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rebounded, shrugging off uncertainty about a possible new attempt to impeach President Donald Trump over last week's attack on the U.S. Capitol. Tokyo, Australia and South Korea advanced while Shanghai was off by 0.1%. Hong Kong...
Parler squeezed as Trump seeks new online megaphone
President Donald Trump has been kicked off of most mainstream social media platforms following his supporters’ siege on the U.S. Capitol. But it remains to be seen how fast or where — if anywhere — on the internet he will be able to reach his followers. The far right-friendly Parler had been...
Amazon pledges $2B for affordable housing in 3 US cities
SEATTLE (AP) — Amazon has announced $2 billion in loans and grants to secure affordable housing in three U.S. cities where it has major operations, including a Seattle suburb where the online retail giant employs at least 5,000 workers. Amazon said it would give $185.5 million to the King County Housing...
Slack kicks off 2021 with a global outage
Slack, the messaging service used by millions of people for work and school, suffered a global outage on Monday, the first day back for most people returning from the New Year's holiday. It's the latest tech glitch to show how disruptive technical difficulties can be when millions of people are depending on just...
Dallas Morning News names Melinda Gates 'Texan of the Year'
DALLAS (AP) — The editorial board of The Dallas Morning News announced Saturday that it has picked philanthropist Melinda Gates as its “Texan of the Year,” in part for her work to help combat the coronavirus pandemic. Gates, a 54-year-old Dallas native, is co-chair of the Bill & Melinda...
Microsoft says hackers viewed source code, didn't change it
Microsoft said Thursday in a blog pos t that hackers tied to a massive intrusion of dozens of U.S. government agencies and private companies sneaked further into its systems than previously thought, although the intrusion doesn't appear to have caused any additional harm. The company said the hackers were able...
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