2/2 © Reuters. FILE PHOTO: Cross-border transport trucks cross paths on the Peace Bridge at the Canada U.S. border in Buffalo, New York, U.S., January 10, 2018.REUTERS/Hyungwon Kang/File Photo 2/2 By Steve Scherer OTTAWA (Reuters) – Canadian consumers should soon see higher prices and some empty shelves in supermarkets and other retail outlets because of…
Tik Tok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. REUTERS/Dado Ruvic/Illustration/File PhotoTikTok owner ByteDance saw its revenue grow 70% year on year to about $58 billion in 2021, slower growth than a year earlier as China tightens its regulation of big tech companies.According…
A doctor vaccinates a person with a dose of the Pfizer-BioNTech COVID-19 vaccine in Vienna, Austria April 26, 2021. REUTERS/Lisi NiesnerAustria’s conservative government said Thursday it was launching a national lottery to encourage holdouts to get vaccinated against the coronavirus, hours before parliament passed legislation that would introduce a national vaccination mandate. About 72% of the…
Share to FacebookShare to TwitterShare to LinkedinTopline Novak Djokovic, the top-ranked men’s tennis player who was booted from Australia because he’s not vaccinated against Covid-19, is the majority owner with his wife of a Danish biotechnology firm researching a treatment for the disease about whose business dealings little is known, Reuters first reported Wednesday. Serbia’s…
Los Angeles-based Parallel Systems is led by Matt Soule, center. Parallel Systems Mile-long, slow-moving diesel trains loaded with cargo chugging slowly across the U.S. could be a thing of the past one day if stealth startup Parallel Systems has its way. The Los Angeles company thinks the future of freight lies in autonomous battery-powered trains…
Mike Blake, Reuters)Microsoft Corp (MSFT.O) is buying “Call of Duty” maker Activision Blizzard (ATVI.O) for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future.The deal announced by Microsoft on Tuesday, its biggest-ever and set to be the largest all-cash acquisition on record…
REUTERS/Mike Blake/File PhotoTesla Inc (TSLA.O) shareholders on Tuesday asked a judge to find that Elon Musk forced the company’s board of directors into a deal for SolarCity in 2016 and wanted the CEO convicted, the electric vehicle maker one of the largest judgments in history paid $13 billion…
There are many different ways to look at the market, Jim Cramer told his Mad Money viewers Wednesday. You can just look at the averages and assume everything is bad, or you can do a little homework and realize that real companies with tremendous brand loyalty are triumphing. Instead of worrying about broken supply chains,…
Some experts predict a lull in the Covid pandemic after the omicron strain passes, which would be a welcome development for the economy. By that point many more people will have immunity to Covid through vaccination and infection. “I think we will have a relative lull,” Michael Osterholm, director of the University of Minnesota’s Center…
© Reuters. FILE PHOTO: A general view of the Canary Wharf financial district in London, Britain April 25, 2021. Picture taken April 25 with a drone. REUTERS/Kevin Coombs By Huw Jones LONDON (Reuters) – Capital rules imposed on Britain’s high street banks after bailouts during the global financial crisis have not harmed competition but may…
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