The S&P 500 ends flat on Friday, posting its first weekly losses since February

The S&P 500 erased previous gains and ended Friday near the flatline as the tech sector came under renewed pressure due to a further decline in Bitcoin price. The broad equity benchmark fell less than 0.1% to 4,155.86 after rising 0.7% earlier in the day. The Dow Jones Industrial Average rose 123.69 points, or 0.4%, …

Amazon is shutting down its Prime Now app for quick supply

A picture taken on June 9, 2016 shows the Amazon warehouse in Paris, part of the new ‘Prime Now’ service. Eric Piermont | AFP | Getty Images Amazon is shutting down its standalone Prime Now platforms and is instructing users who want quick delivery of groceries and other goods to order through the Amazon app …

Tesla plans to ship Mannequin S Plaid in June after months of delays

Elon Musk said in a tweet Thursday that Tesla will hold a “delivery event” on June 3 at the company’s facility in Fremont, California for the long-delayed Model S plaid. In particular, he wrote, “Tesla Model S Plaid delivery event June 3rd at our California facility. Fastest production car ever 0 to 60 mph in …

Cisco (CSCO) earnings for the third quarter of 2021

In this image, released on May 2, 2021, from left, Cisco CEO Chuck Robbins and Bea Perez, Chief Public Affairs, Communications and Sustainability Officer of the Coca-Cola Company, speak during Global Citizen VAX LIVE: The World Reunification Concert at SoFi Stadium on stage in Inglewood, California. Kevin Winter | Getty Images Cisco stock fell 6% …

Israel is alleged to assault additional Hamas tunnels underneath the homes within the Gaza Strip, rockets fired from Lebanon

Israeli Prime Minister Benjamin Netanyahu gestures as he shows a slideshow during a briefing to ambassadors to Israel at a military base in Tel Aviv, Israel, on May 19, 2021. Sebastian Scheiner | Reuters Israel continues bombing Gaza as Israeli-Palestinian violence enters week two and militants in the blocked Gaza Strip continue their rocket fire. …

New York lawyer normal investigates Trump Group for crimes

The office of the Attorney General of New York, Letitia James, which was already conducting a civil investigation into the company of former President Donald Trump, is now also investigating the Trump organization “in a criminal capacity,” its spokesman said on Tuesday evening. James’ spokesman implied that their investigation into the ongoing criminal investigation against …

Gaza rages as Biden’s name for a ceasefire is ignored

Israeli security forces target Palestinian protesters during protests against the Israeli occupation and its air campaign in the Gaza Strip in the occupied city of Hebron in the West Bank on May 18, 2021. Hazem Bader | AFP | Getty Images Fighting between Israeli forces and Palestinian militants continued until the ninth Tuesday. According to …

Regardless of vaccinations, the pandemic is much from over

Family members of Vijay Raju, who died due to Covid, mourn before his cremation in the village of Giddenahalli on the outskirts of Bengaluru, India, on May 13, 2021. Samuel Rajkumar | Reuters The global pandemic is not over yet, despite high Covid vaccination rates in some countries, the head of the World Health Organization …

AT&T Declares Settlement to Merge WarnerMedia with Discovery

US telecommunications giant AT&T announced a deal on Monday combining its content unit WarnerMedia with Discovery to pave the way for one of Hollywood’s largest studios to compete with rivals such as media giants Netflix and Disney. As part of the agreement, AT&T will handle the $ 85 billion acquisition of Time Warner, which was …

AT&T in superior talks to merge WarnerMedia with Discovery

Combined images of AT&T CEO John Stankey (L) and WarnerMedia CEO Jason Kilar. Reuters AT&T is in advanced talks to merge WarnerMedia with Discovery to strengthen the combined company against rival media giants Netflix and Disney, according to people familiar with the matter. A deal could be announced tomorrow, said people who asked not to …