Facebook's $5.7 Billion Jio Investment Should Serve as a Valuable Insurance Policy

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Facebook's $5.7 Billion Jio Investment Should Serve as a Valuable Insurance Policy

It might be best to look at Facebook’s (FB) – Get Report $5.7 billion investment in India’s top mobile carrier as an insurance policy with some potential upside. Confirming recent media reports, Facebook announced on Tuesday that it’s spending slightly over …
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Texas aviation services company lays off workers in Atlanta

G2 Secure Staff offers ground handling, vehicle maintenance, passenger assistance and other services for airlines at 54 airports in the United States. Subscribe to get the full story. Already a paid subscriber? Sign in. Subscribe to get the full story. Already a …
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Economists expect yet another week where millions of Americans filed for unemployment benefits

The median economist estimate for US jobless claims in the week ending April 11 is 4.5 million, according to Bloomberg data. The report will be released Thursday by the Labor Department. The estimate is below the 5.2 million Americans that filed for claims …
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Lam Research sales come up short of expectations, stock retreats after huge day

Lam Research Corp. LRCX, +11.55% shares pulled back from big gains in the regular session during extended trading Wednesday, after the chip-equipment company’s earnings showed sales came in below the lowered expectations of Wall Street.
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Quest Diagnostics to Double US Coronavirus Testing Capacity by Mid-May

One of the country’s largest clinical laboratory operators, Quest Diagnostics (NYSE: DGX) says that by mid-May, it will have enough capacity in the U.S. to perform over 200,000 COVID-19 antibody tests per day. Management made that forecast during …
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