How Did Italy Raise $4.4 Billion For Free?
Italy auctioned its three-year bonds with zero coupons, i.e. they offer no interest payments to investors, in an auction on Tuesday. Why is there still a demand for this debt?
Wells Fargo Fires More Than 100 Employees For Availing Coronavirus Aid Wrongfully
The EDIL was launched during the pandemic to provide economic relief to small businesses and non-profit organizations experiencing a temporary loss of revenue.
Dropbox Goes 'Virtual First': Employees To Get Permanent Work From Home Through Summer 2021
Dropbox joins Microsoft, Twitter, Facebook and Slack in announcing permanent remote working policies until June 2021.
SpaceX Rival Blue Origin Launches And Lands New Shepard Rocket In Successful Suborbital Test Flight
The aerospace company hinted that the capsule is 'a couple of flights away' from launching tourists, scientists and astronauts into space.
Boeing 737 Max: Miracle On The Hudson Hero Capt. Sullenberger Says Plane Needs More Updates To Be Safe
Miracle on the Hudson hero Capt. Chesley Sullenberger proposed more modifications to make Boeing's 737 Max 'safer' before the FAA clears the plane to fly again.
Did Microsoft Just Preempt A Huge Malware Attack That Could Have Impacted Elections?
Trickbot is a malware and distributor of ransomware, which has infected over a million devices in the world since 2016.
Walmart, Best Buy Black Friday Deals Clash With Amazon Prime Day: What To Expect
As Amazon kicks off its annual Prime Day sales event, its competitors are joining in on the trend and offering deep discounts.
US In Danger Of Becoming A 'Renter Nation' As Home Prices Hit Record High, Says Investor
High home prices prompted by rising demand and punctured supply is pricing out prospective homebuyers, which is proving beneficial for the rental industry in the United States.
Apple To Ship Your Orders From Its Stores To Ensure Day-After Delivery
To make the most out of its retail stores amid the COVID-19 pandemic restrictions, Apple will use them as distribution centers for orders placed within a 100 miles from the stores.
Xinjiang Camps: US Blocks Some Goods From China Over Slave Labor Concerns
The Trump administration, in its latest trade action against China, restricted the import of some Chinese goods made in the western province of Xinjiang, accusing their makers of using forced labor.
Oil Guzzler To 'Zero Emission': GMC Hummer EV Reveal At Baseball World Series 2020
The Hummer EV truck is the product of GM's $20 billion investment into electric vehicle category — how does it compare with its rivals?
Retail Wars: Amazon Sends Legal Notice To Indian Partner As It Seeks To Meet Challenge From Reliance Retail
Amazon leveraged the stores network of Kishore Biyani's Future Group in India, which now has a deal with the U.S. retailer's emerging rival in the market— Mukesh Ambani's Reliance Retail.
A Rocket That Eats Itself: UK Eyes Innovative Launch Technology To Fuel Its Space Ambitions
The U.K.'s Ministry of Defense is investing in an autophage rocket engine, which burns its own body as fuel, developed by Glasgow University.
Microsoft Cloud Services Affected In Worldwide Outage: What Is The Cause?
Microsoft services were hit by a second outage in less than a week, affecting Outlook, Exchange and Teams services for users worldwide.
FAA Waives Rules To Allow Drones To Inspect Bridges In North Carolina
The FAA granted North Carolina a blanket waiver to fly Skydio drones beyond visual line of sight, for bridge inspections anywhere in the state for four years.
Britain's Ambitious Offshore Energy Plan -- Every Home To Be Powered by Wind Power
Boris Johnson's government set a target to generate 40GW of energy by 2030 through offshore wind energy, which is much more than what is produced globally at present.
Retail Jobs Booming: Dollar Tree To Hire 25,000; Other Companies Hiring For Holiday Season
Retail giants are planning to hire seasonal workers to meet the growing demand for online orders and delivery amid the coronavirus pandemic.
Coronavirus Job Losses: Southwest Airlines Wants Employees To Take Pay Cuts To Avoid Layoffs
In a video message, CEO Gary Kelly assured employees furloughs will be its "last resort" if the airline and unions fail to reach an agreement on concessions.
Apple Stops Selling Bose, Sonos And Logitech Headphones In Its Retail Stores
Apple is rumored to host a hardware event this year in which the company could unveil some of its own audio products.
Coronavirus Impact: Singapore’s Changi Airport, World’s Best, Warns Of ‘Daunting Period’ Ahead
Singapore's Changi Airport is struggling as world air traffic takes a hit amid the COVID-19 pandemic, cautioning a prolonged crisis in the offing.
Protesters March To Jeff Bezos' Beverly Hills Mansion To Call For Amazon Reforms
The protesters asked Amazon to be "transparent and honest about the number of (COVID-19) cases they have in their facilities."
Airbnb Plans To Raise $3B In IPO, With Possible Valuation Of $30B: Report
Home rental company Airbnb is reportedly eyeing a valuation of $30 billion with its upcoming IPO in December, riding the unexpected early recovery in its business during the coronavirus pandemic.
Indian Startups Band Up Against Google Dominance, Want To Build National Alternative To Play Store
Indian startups and app developers are pushing for a "national alternative" to Google Play store, stung by the Silicon Valley giant's efforts to force them to use the Google payment system and concerns about its policy enforcement.
Mortgage Rates At All-Time Low, And Lenders Are Struggling To Process Loan Requests
One of the reasons for the decrease in demand for home loans may be the limitations lenders face in dealing with the volume of business coming their way.
Gaming Giant Roblox Preparing To Go Public Early 2021, Eyes $8 Billion Valuation: Report
California-based gaming platform Roblox is preparing to list on the U.S. stock market, but still deciding between a direct listing and an IPO.
Before Secretive Palantir Went Public, AOC Warned SEC Of 'Material Risks' To Investors
Rep. Alexandria Ocasio-Cortez, D-N.Y., wrote to the SEC raising concerns over the listing of secretive big data firm Palantir before it went public.
United, American To Cut More Than 32,000 Jobs After Relief Package Talks Fail
The airlines are prepared to reverse their action if a a stimulus deal is reached in the coming days.
Chinese Tech Company Sina To Go Private After 20 Years On Wall Street In $2.6 Billion Deal
Sina, the owner of Twitter-like social media app Weibo, will delist from Nasdaq in a $2.6 billion merger deal with New Wave Holdings.
Toyota-Backed Startup Successfully Tests Manned Electric Flying Car, Plans Launch By 2023
SkyDrive, a Japanese startup with financial backing from Toyota, successfully tested SD-03, its electric flying vehicle prototype with a pilot.
Major Outage Hits Apple Users: Services And Apps Including TV+, Music And App Store Go Down
Apple services and devices faced an outage on Tuesday evening. The company says the issues have been resolved.