November 10, 2020 8:43 am
Three more logistics centers have been opened by Amazon in Brazil, the company said on Monday, as it seeks to take advantage of e-commerce boost in the country, resulting from the coronavirus pandemic. Amazon shares closed lower for a second consecutive trading session on NASDAQ on Monday. It has also been the steepest single-session loss […]
Read moreNovember 9, 2020 8:58 am
Total vehicle sales at Ford Motor Co’s (F) ventures in China rose in October compared to a year ago, supported by strong demand for Sport-utility Vehicles (SUVs) and vans. Ford shares closed lower for the seventh time in the past ten trading sessions in New York on Friday. The stock went down 2.50% ($0.20) to […]
Read moreNovember 6, 2020 9:14 am
Electronic Arts Inc (EA) and UFC announced on Thursday the extension of their partnership to continue to deliver authentic and innovative mixed martial arts (MMA) games to 2030. Electronic Arts shares closed higher for a third consecutive trading session on NASDAQ on Thursday. The stock went up 2.41% ($3.02) to $128.33, after touching an intraday […]
Read moreNovember 5, 2020 10:54 am
Ford Motor Co (F) announced on Wednesday the recall of nearly 375,000 Explorer SUVs in North America, because of a part that could detach and cause a crash. Ford shares closed lower for the seventh time in the past ten trading sessions in New York on Wednesday. It has also been the steepest single-session loss […]
Read moreNovember 4, 2020 10:57 am
Walmart Inc (WMT) said earlier this week that it no longer planned to use roving robots to scan shelves and track inventory at its stores. “This was one idea we tried in roughly 500 stores just as we are trying other ideas in additional stores,” the US retailer said in a statement, cited by Reuters. […]
Read moreNovember 3, 2020 10:38 am
AT&T Inc (T) said on Monday that it had finalized the sale of its wireless and wireline operations in Puerto Rico and the US Virgin Islands to Liberty Latin America for $1.95 billion in cash. AT&T shares closed higher for a third consecutive trading session in New York on Monday. The stock went up 1.18% […]
Read moreNovember 2, 2020 8:20 am
Lowe’s Companies Inc (LOW) announced last Friday plans to hire 20,000 associates across its US stores and regional distributors, as it makes preparations to meet higher consumer demand during the holidays. Other retailers such as Walmart Inc, United Parcel Service and Dollar Tree have also said they will hire seasonal personnel in an attempt to […]
Read moreOctober 30, 2020 8:22 am
According to a report by Electrek on Thursday, citing a source with knowledge of the matter, Tesla Inc (TSLA) intends to open at least one new service center every week during next year. Currently, the auto maker operates 466 service centers across the globe, the same media reported. Tesla shares closed higher for the fourth […]
Read moreOctober 29, 2020 8:33 am
Mastercard Inc (MA) said on Wednesday that overall travel spending would probably not pick up anytime soon, as it reported a sharp drop in its third-quarter earnings. The company also said that cross-border volume recovery would depend on the timing and the availability of coronavirus vaccines. Mastercard shares closed lower for a fourth consecutive trading […]
Read moreOctober 28, 2020 10:32 am
According to a Tuesday report by Reuters, ByteDance-owned TikTok intends to hire nearly 3,000 engineers in Singapore, Canada and Europe during the upcoming three years. “To support our rapid global growth, we plan to continue expanding TikTok’s global engineering team, including adding approximately 3,000 engineers in Canada, Europe, Singapore, as well as the U.S., over […]
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