A man walks by new logo of Nissan seen at the automaker's showroom in Tokyo Tuesday, July 28, 2020. Nissan reported a 285.6 billion yen ($2.7 billion) loss for April-June, as the Japanese automaker sales crashed amid the coronavirus pandemic and it struggled to recover from the loss of its former star executive Carlos Ghosn. (AP Photo/Eugene Hoshiko)
July 28, 2020 - 5:23 am
TOKYO (AP) — Nissan reported a 285.6 billion yen ($2.7 billion) loss for April-June, as the Japanese automaker sales crashed amid the coronavirus pandemic and it struggled to recover from the loss of its former star executive Carlos Ghosn. Nissan Motor Co. racked up its first annual red ink in 11...
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FILE - This April 26, 2017, file photo shows the Twitter app icon on a mobile phone in Philadelphia. Twitter says an elected Dutch official was among 36 account holders whose direct message inboxes were accessed by hackers in a recent cyberattack. The politician, anti-Islam lawmaker Geert Wilders, said Thursday, July 23, 2020, he was informed by Twitter that his account was compromised by a hacker, who posted tweets on his account and sent false direct messages in his name. (AP Photo/Matt Rourke, File)
July 23, 2020 - 5:51 pm
LONDON (AP) — The global pandemic and U.S. protests are forcing a pullback by advertisers on Twitter, but it's also led to an unprecedented surge of users. Average daily user growth spiked 34% in the second quarter, the company said Thursday, the largest jump in users ever recorded by the company...
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ARCHIVO – En esta fotografía de archivo del 25 de marzo de 2020, varios jets de American Airlines permanecen inmóviles en una terminal del Aeropuerto Internacional Sky Harbor, en Phoenix. (AP Foto/Matt York, archivo)
July 23, 2020 - 4:13 pm
DALLAS (AP) — Two major airlines reported huge second-quarter losses Thursday, and their leaders warned that the new surge in U.S. coronavirus cases has stalled the recovery in air travel and added to their industry's disarray. American Airlines posted a loss of more than $2 billion, and Southwest...
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The Mercedes star is pictured at the Mercedes Benz headquarters in Stuttgart, Germany, Wednesday, July 8, 2020. Due to the Corona pandemic, the annual general meeting of the car manufacturer Daimler takes place only online. (Marijan Murat/dpa via AP)
July 23, 2020 - 3:32 am
FRANKFURT, Germany (AP) — Daimler, the maker of Mercedes-Benz luxury cars and Freightliner trucks, lost 1.91 billion euros ($2.21 billion) in the second quarter as the coronavirus outbreak slashed sales of the company's cars, vans, buses and trucks by about a third. CEO Ola Kallenius said Thursday...
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FILE - In this Sunday, June 28, 2020 file photo, 2020 Model Y electric sports-utility vehicles sit in the parking lot of a Tesla store in Littleton, Colo. Tesla overcame a seven-week pandemic-related shutdown at its U.S. assembly plant to post a $104 million net profit for the second quarter. (AP Photo/David Zalubowski)
July 22, 2020 - 7:05 pm
DETROIT (AP) — Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter. It was the electric car and solar panel maker’s fourth-straight profitable quarter, qualifying it to be included in the S&P...
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FILE - This April 12, 2016 file photo shows the Microsoft logo in Issy-les-Moulineaux, outside Paris, France. Ongoing demand for Microsoft's cloud computing services help softened the blow of the coronavirus pandemic on the software giant's other products during the first three months of the year. The company on Wednesday, April 29, 2020 reported fiscal third-quarter profit of $10.75 billion, up 22% from the same period last year. Net income of $1.40 per share beat Wall Street expectations of $1.27 a share. (AP Photo/Michel Euler, File)
July 22, 2020 - 4:25 pm
REDMOND, Wash. (AP) — Microsoft said the coronavirus pandemic has increased demand for its flagship products, reporting quarterly earnings Wednesday that beat Wall Street expectations. The software giant said an ongoing trend of working and learning from home has fueled increased demand for its...
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FILE - This July 21, 2020 file photo shows The New York Stock Exchange. Stocks are rebounding in early trading on Wall Street Wednesday, Aug. 12, carrying the S&P 500 back toward the cusp of its record high. The benchmark index was up 1% after the first half-hour of trading and on pace for its eighth gain in nine days. (AP Photo/Mark Lennihan, File)
July 21, 2020 - 2:47 pm
Stocks are extending Wall Street's recent run of gains Tuesday afternoon, despite an early rally losing some of its momentum. The S&P 500 was up 0.1% after having been up 0.8%. Banks and energy companies led the gains, outweighing losses in technology stocks. The latest gains followed strength...
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Store manager Donny Price restocks cans of Coke on the shelves at Gerrity's in Hanover Township, Pa., Tuesday, July 14, 2020. Area shoppers are encountering challenges getting certain soda and beer brands because of a national aluminum can shortage. Coca-Cola, for example, isn't producing 12-packs of cans of its Minute Maid Light Lemonade so it can meet the high demand of its more popular brands like Coca-Cola and Sprite as more people have been buying canned beverages during the COVID-19 pandemic. (Mark Moran/The Citizens' Voice via AP)
July 21, 2020 - 6:25 am
Coca-Cola's revenue plunged 28% in the second quarter, but the company said sales had begun to improve last month as lockdowns eased globally. Half of Coke's sales come from stadiums, movie theaters and other places where people gather in large numbers, venues that have blinked out in the pandemic...
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A currency trader wearing a face mask watches computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Friday, July 17, 2020. Asian stock markets rebounded Friday after Wall Street closed lower amid uncertainty about the U.S. economic outlook. (AP Photo/Lee Jin-man)
July 17, 2020 - 3:33 pm
NEW YORK (AP) — Wall Street ticked higher Friday to close out its third straight winning week, one punctuated by hopes that the economy can continue to steady itself despite the pandemic. The S&P 500 rose 9.16 points, or 0.3%, to 3,224.73 after yet another day of wobbly trading. The Dow Jones...
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FILE - In this Oct. 14, 2019, file photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building in Boston. The Federal Reserve said on Thursday, June 25, 2020, a worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause nation’s 34 largest banks to collectively lose roughly $700 billion. To bolster the banks ahead such a potentially damaging recession, the Fed ordered the banks to suspend stock buybacks and dividend payouts until Sept. 30. (AP Photo/Steven Senne)
July 16, 2020 - 7:05 am
NEW YORK (AP) — Bank of America's second quarter profits were sawed in half and the consumer banking giant set aside billions of dollars to cover potentially bad loans caused by the pandemic. Bank earnings this quarter have begun to paint a picture of American families and businesses struggling to...
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