Nearly three million Americans filed for unemployment benefits in the week ending May 9th. Yahoo Finance’s Editor-in-Chief Andy Serwer, Alexis Christoforous and Brian Sozzi discuss. …read more […]
The notion behind what the Santa Clara, California-based company calls its A100 chip is simple: Help the owners of data centers get every bit of computing power possible out of the physical chips they purchase by ensuring the chip never sits idle. The same principle helped power the rise of cloud computing over the past two decades and helped Intel build a massive data center business. When software developers turn to a cloud computing provider such as Amazon.com or Microsoft Corp for computing power, they do not rent a full physical server inside a data center. …read more […]
Many struggling homeowners who delay mortgage payments through forbearance plans will be allowed to make missed payments when the home is sold or the loan term is over, the Federal Housing Finance Agency said. …read more […]
French drugmaker Sanofi (SNY) said that the U.S. would likely get its Covid-19 vaccine first once it is available.“The U.S. government has the right to the largest pre-order because it’s invested in taking the risk,” Sanofi CEO Paul Hudson said in an interview with Bloomberg News. The U.S., which expanded a vaccine partnership with the company in February, expects “that if we’ve helped you manufacture the doses at risk, we expect to get the doses first.”Hudson cautioned that Europe needs to step up efforts to find protection against the pandemic if it doesn’t want to fall behind.Last month Sanofi entered …read more […]
Today we’ll take a closer look at Johnson & Johnson (NYSE:JNJ) from a dividend investor’s perspective. Owning a strong… …read more […]
The COVID-19 pandemic’s continued impact on the labor market was highlighted Thursday morning when the U.S. Labor Department released its weekly initial jobless claims report. …read more […]
For months, Tesla Chief Executive Elon Musk has been teasing investors, and rivals, with promises to reveal significant advances in battery technology during a “Battery Day” in late May. New, low-cost batteries designed to last for a million miles of use and enable electric Teslas to sell profitably for the same price or less than a gasoline vehicle are just part of Musk’s agenda, people familiar with the plans told Reuters. …read more […]
Cruise operators have been hammered by the curbs to contain the spread of the virus, with extended port quarantines in Japan and California due to deadly outbreaks on some cruise ships adding to the worries. “We continue to experience demand for voyages further in the future across our three brands,” Chief Executive Officer Frank Del Rio said. …read more […]
China should be held accountable for its role in the coronavirus pandemic, but the United States must also take responsibility, Council on Foreign Relations president Richard Haass said. …read more […]
Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Walgreens… …read more […]
Top news and what to watch in the markets on Thursday, May 14, 2020. …read more […]
(Bloomberg) — Saudi Arabia will trim oil shipments to the prized Asian market in June and cut exports even more aggressively to Europe and the U.S., in a possible sop to President Donald Trump and hard-pressed American shale producers.OPEC’s biggest member is seeking to shore up a tentative recovery in crude markets after the coronavirus crushed energy demand and sparked the oil industry’s worst crisis in decades. The Saudis are voluntarily reducing supply to the lowest level in 18 years as they lead a global effort to drain a glut that has dragged down prices by more than half this …read more […]
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