September 7, 2020
“Samsung Electronics Co. won a 7.9 trillion won ($6.6 billion) order to provide fifth-generation wireless solutions to Verizon Communications Inc. in the U.S., a big win for the electronics giant’s networking gear business. The contract was finalized Friday and is… Continue Reading…
August 6, 2020
“Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than doubled, showing a continued flight from the city over the summer. The number of signed contracts for co-ops and condos… Continue Reading…
August 4, 2020
“American International Group Inc. posted a $7.9 billion second-quarter loss driven by the sale of a majority stake in a business of runoff policies, as well as costs from the pandemic and civil unrest. The sale of the Fortitude Group… Continue Reading…
July 20, 2020
“Chevron said on Monday it would buy Noble Energy in a $5 billion all-stock deal, bolstering its shale presence as a plunge in crude prices have made assets cheaper. The deal, the largest in the U.S. energy sector this year, comes more than… Continue Reading…
May 21, 2020
“When Spotify CEO Daniel Ek announced the $340 million acquisition of podcast companies Gimlet and Anchor in February 2019, he declared that Spotify’s mission was to become to the world’s leading audio—not just music—platform. In a blog post titled “Audio-First,” … A year later,… Continue Reading…
May 6, 2020
“The iPhone maker on Monday borrowed $8.5 billion with a four-part bond deal, adding its name to the roster of U.S. investment-grade companies borrowing a record amount of debt in the corporate bond market during the pandemic… The Apple bonds… Continue Reading…
April 15, 2020
“The company now has access to more than $13 billion in credit, should it be needed… In a filing Monday with the SEC, Disney said that it had signed a new 364-day revolving credit agreement with Citibank that would provide… Continue Reading…
March 20, 2020
“Across the United States, thousands of waiters, cooks, hotel staff, actors, bartenders and workers in other sectors have suddenly found themselves unemployed as the coronavirus pandemic has scythed through the world’s biggest economy… While some ponder returning home to their… Continue Reading…
December 16, 2019
“…The United States and China cooled their trade war on Friday, announcing a “phase one” agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products… Continue Reading…
November 29, 2019
“Cyber Monday traditionally comes three days after Black Friday and revolves around online deals. It’s even bigger than Black Friday — retail sales this year are expected to top $10 billion… In short, yes. “When comparing the two days last year,… Continue Reading…
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