Microsoft notes 'minimal' coronavirus impact as revenue tops expectations

Microsoft boosting connectivity in rural America during coronavirus Microsoft Chief Technology Officer Kevin Scott discusses how new developments in tech and AI are aiding in the coronavirus fight. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Microsoft said the coronavirus pandemic had “minimal net impact” on its business in […]

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How Tesla made electric cars sexy

New York (CNN Business)Tesla shrugged off coronavirus-related problems and posted a profitable first quarter. The electric car maker earned net income of $16 million, while income excluding special items, such as stock based compensation, came in at $227 million. The company lost money on both those measures in the year-earlier quarters. Analysts surveyed by Refinitiv had forecast the company would […]

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Microsoft Sales Rise as Remote Working Buoys Cloud Services

Microsoft Corp. said quarterly sales and profit rose, buoyed by demand for internet-based software and cloud services needed to accommodate a shift to remote working during the coronavirus crisis. Profit in the period ended March 31 rose to $10.8 billion, or $1.40 a share, the company said Wednesday in a statement. Sales rose 15% to $35 billion. The results from […]

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Job search: What jobs can I get during coronavirus pandemic?

Businesses have been hit hard by the coronavirus outbreak, and unfortunately, many people have or will lose their jobs as a result. Although some industries are struggling due to the crisis, other industries are seeing higher demand than ever. As a result, there are plenty of jobs going in some of these areas. What jobs are available during the coronavirus […]

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Jared Kushner Mocked For Calling Coronavirus Response ‘A Great Success Story’

White House senior adviser Jared Kushner seems to have the same affinity for hyperbole, exaggeration and outright falsehoods as his father-in-law, President Donald Trump. Kushner made that obvious on Wednesday during a “Fox & Friends” appearance where he praised the Trump administration’s handling of the coronavirus outbreak. Although the virus has now killed more Americans than the Vietnam War, Kushner said […]

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Apple, Google release 1st version of coronavirus contact-tracing software

Trump speaks with Apple’s Tim Cook about how the economy will recover President Trump encourages Americans to practice good hygiene as states reopen and says Apple CEO Tim Cook predicts the United States’ economic recovery curve will be V-shaped. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Apple and Google on Wednesday […]

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US economy shrinks by 4.8% in Q1

The sharpest contraction of the American economy in a decade is expected to get worse in the second quarter. White House senior economic adviser Kevin Hassett said that they expected second-quarter negative GDP growth between minus 15 and minus 20 per cent. In its worst performance in a decade, the US economy contracted by 4.8 per cent in the first […]

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America Is Living Paycheck to Paycheck — on Purpose

The Trump administration blew $349 billion in small-business pandemic aid in four weeks, less time than it took for me to grow out my quarantine beard. That is nothing to be proud of, but President Trump still took his victory lap on Tuesday, boasting about breaking speed records for loans like it was an Olympic sport. Unmentioned were the carelessly […]

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