Revenue and share price
Airbnb reported a 300% increase in second-quarter revenues compared with the crisis period in 2020. The company's losses also fell more than Wall Street expected.
Shares in Airbnb (ABNB), a digital platform for booking accom...
Alibaba shares fall
Chinese e-commerce giant Alibaba reported 1.18 billion active customers and increased its share buyback programme to a record $15 billion. However, the negative trends seen by investors outweighed and Alibaba ...
A pandemic in New York
New York State Governor Andrew Cuomo has called on private businesses, including restaurants and bars, to serve only people vaccinated against the coronavirus.
Such a principle is already in place in stadiums, music halls. No...
From New York to Florida
New Yorkers continue to move to Florida in droves amid a pandemic, according to recent statistics.
According to data from the Florida Department of Highway Safety and Motor Vehicles, 51,108 New Yorkers moved to the sunshine...
Shopping after COVID-19
Kimco Realty's (KR) visitor levels are back to the original pre-pandemic levels CEO Conor Flynn said on this Thursday.
"Traffic is back to what it was in 2019 and a...
Vaccine certification
British-Swedish pharmaceutical company AstraZeneca will continue to push for certification of its vaccine by the US Food and Drug Administration (FDA). The company's chief executive, Pascal Soriot,...
Strengthening the US economy
At the end of the meeting, the Fed reassured financial markets by stating its commitment to maintaining current policy and zero rates until substantial progress on inflation and employment. The Fed do...
Working remotely again
Twitter, which owns the social networking site of the same name, has temporarily closed two offices in the US after two weeks of abandoning remote working. A company spokesperson said in a statement on Wednesday.
"Twitter has...
E-commerce tech
Chief Executive Officer Doug McMillon is interested in expanding his company's revenue streams beyond its core retail business.
As early as Wednesday, small and medium-sized retailers will be able to buy technology that Walmart has ...
The rise of fraud
According to the Federal Trade Commission, losses to victims of fraud related to the Covid virus have risen above $500 million, as scammers defraud people using a variety of deception schemes ranging from online shopping, travel, e...
COVID-19 vaccine
The US administration has purchased a further 200 million doses of coronavirus vaccine from a US company and its German partner BioNTech. This was confirmed by White House press secretary Jennifer ...
Donald Trump's company
Donald Trump's companies generated about $2.4bn in revenues during his four years as US president, Forbes magazine said on Monday.
Also, as noted in the publication, the calculations are based on an analysis of documents, inc...
Labour market
Reports from the US Department of Labor show a good rate of decline in the unemployment rate and a recovery in American employment. Economists see clear signs of a full "pre-pandemic" recovery in the&...
COVID pandemic in the US
US federal authorities are sending medical teams to various parts of the country where new outbreaks of COVID-19 have recently been observed. This was reported by Bloomberg news agency on Thursday, citing administration offi...
Pandemic fighters' monument
The "Circle of Heroes" monument to pandemic fighters, protested by residents of Battery Park City, New York, will be relocated. It was announced by neighborhood leader George James Tsunis at a meeting that lasted several ...
Sales in the second quarter
General Motors reported strong growth in its car deliveries in the second quarter, but the figures were slightly below forecasts. Investors see a rapid recovery in the industry after the...
COVID in U.S.
US authorities predict that the US will not need a second lockdown due to the spread of an Indian mutation of a new coronavirus, the World Health Organization's new Delta strain. US President Joe Biden said this&nbs...
Unemployment benefits
Fraudsters have stolen $400 billion in unemployment benefits that the US authorities have assigned to citizens. This amount represents almost half of all payments sent to unemployed Americans. Most...
Sales for Prime Day
Amazon Prime Day 2021 is officially set for 21-22 June. Although the date is still a long way off, some discounts are available now. This is the first year of Prime Day in June. Historically, it has ...
Annual inflation
US inflation data for May showed a jump of 5% year-on-year, the highest since the summer of 2008 and worse than the 4.2% figure in April. That said, some economists be...
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