'It's just the beginning': Covid push to digital boosts big tech profits

'It's just the beginning': Covid push to digital boosts big tech profits

Big tech is on a roll. In every minute of the first three months of 2021, Apple, Google owner Alphabet, Amazon, Facebook and Microsoft sold products and services worth about $2.5m (£1.8m) combined. Profits before tax for the period came in at $88bn – more …
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Dollar Rises Most in Two Months on Short-Covering, Data Rebound

The Bloomberg Dollar Spot index climbed as much as 0.7% on Friday, the most since March 4, trimming its first monthly loss this year. The greenback's
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Exxon Mobil begins escorting workers from Texas plant -USW official

The oil company had set a 10 a.m. (1500 GMT) May 1 start time to begin removing hourly workers represented by the USW if there was no vote on a company labor contract proposal. Union officials …
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Deepest Backwardation Since '07 Shows World Short on Commodities

But urgent demand has flipped about half of major commodity markets tracked by the Bloomberg Commodity Index including oil, natural gas, copper,
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US Bans Travel from India as Virus Surges (Podcast)

Bloomberg Businessweek Editor Joel Weber and Bloomberg News Congressional Tax Reporter Laura Davison talk about top earners seeking
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