IAC points to slowing growth in homeservices, shares fall

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IAC points to slowing growth in homeservices, shares fall

(Reuters) – IAC/InterActiveCorp said on Monday sales growth in its homeservices unit slowed last month after jumping in May and June, and warned of extended volatility in monthly results due to the COVID-19 pandemic, sending its shares down 3% …
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UT issues clarification after COVID-19 model predicts steep increase in deaths across Texas by end of August

AUSTIN, Texas — Editor’s note: This story has been updated to reflect that the UT model data may have been skewed by a data point in late July due to a change in how the State reports COVID-19 data. The University of Texas College of Natural Sciences …
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Uber and Lyft must make their drivers in California full employees, judge rules

SAN FRANCISCO — Uber and Lyft must make their drivers in California full employees, a California judge ruled on Monday, a key blow to the companies’ efforts to continue to classify their gig workers as independent contractors. Support our journalism.
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Most Americans Won't Be Able to Get a Coronavirus Vaccine Until Well Into 2021

Even if the most optimistic projections hold true and a Covid-19 vaccine is cleared for U.S. use in November, the vast majority of Americans won’t be able to get the shots until spring or summer next year at the earliest. That likely timeline, based on interviews …
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Chinese firms that fail US accounting standards to be delisted as of 2022 – Mnuchin

“As of the end of next year … they all have to comply with the same exact accounting, or they will be delisted on the exchanges,” he said.
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