GLOBAL MARKETS-Asia stocks set to fall on Fed's dour outlook

·

·

GLOBAL MARKETS-Asia stocks set to fall on Fed's dour outlook

NEW YORK, June 10 (Reuters) – Asian stocks were set to fall on Thursday after gloomy economic projections from the U.S. Federal Reserve sent the greenback and most Wall Street shares lower. Fed officials at their policy meeting on Wednesday said U.S. …
See Original Article

Verizon Expands 5G Home Internet to Detroit

Americans want more choices in home internet, and since 2018, Verizon has sworn that it will use 5G to provide them. Today we saw the first expansion of its 5G Home product in quite a while, as the system launched in Detroit, and Verizon converted its …
See Original Article

Amazon will temporarily stop providing its facial recognition software to police

(CNN Business) Amazon said Wednesday it will stop providing its facial recognition technology to police forces for one year, amid questions about the company’s commitment to fighting systemic racism. Amazon said it made the decision in hopes of giving …
See Original Article

Delta Stock Could Be Grounded by Debt

Delta Air Lines ‘ warning that it is seeking to renegotiate debt agreements—and may default if it isn’t successful—should be a wake-up call for equity investors. Airline stocks have rallied lately on hopes of a travel recovery, but equity value still hinges on …
See Original Article

Tailored Brands may seek Chapter 11 protection if COVID effect continues

(Reuters) – Men’s Wearhouse owner Tailored Brands Inc (TLRD.N) said on Wednesday it may have to seek bankruptcy protection or discontinue operations, if the COVID-19 crisis continues to pummel sales. FILE PHOTO: The Men’s Wearhouse sign is seen …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.