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AT&T partners with Google Cloud for 5G edge computing

AT&T Inc has partnered with Alphabet Inc's Google Cloud to use 5G edge computing technologies to help clients improve speed and increase security by running applications closer to end users.



4 years ago

World stocks tumble as coronavirus cases rise outside China

Global equity markets tumbled and the dollar slid on Thursday as the number of coronavirus cases outside China mounted rapidly, leading California to declare an emergency and HSBC in London to send more than 100 staff home.



4 years ago

Big tech firms ask Seattle employees to work from home over coronavirus fears

Alphabet Inc's Google on Thursday joined Amazon.com Inc, Facebook Inc and Microsoft Corp in recommending employees in the Seattle area to work from home, after many were infected with the coronavirus in the region.



4 years ago

Portugal's TAP cancels 1,000 flights in March-April as coronavirus hits demand

Portugal's flag carrier TAP canceled around 1,000 flights scheduled in March and April on Thursday after concerns about the coronavirus epidemic led to a fall in demand and said it envisaged an unspecified impact on revenues.



4 years ago

Walmart's Flipkart faces further anti-trust probe in India

Walmart Inc's Flipkart faces a further anti-trust probe in India after an appellate tribunal asked the competition watchdog to investigate whether the company had abused its dominant position in e-commerce.



4 years ago

Social Security scams are on the rise. Here's what you need to know to stop them

You may have received a pesky call from someone claiming to be from the Social Security Administration. And while many people hang up, others do get duped, to the tune of millions of dollars. These are the warning signs to watch for.

4 years ago

Airbus draws a blank in February after Boeing's order-free January

European planemaker Airbus failed to win any new aircraft orders in February, it said on Thursday, providing further evidence of disruption across aviation industries from the global coronavirus outbreak.



4 years ago

Dow sinks 1,000 points on alarm over virus spreading in United States

Wall Street's losses deepened and the Dow Jones Industrials shed 1,000 points in afternoon trading on Thursday as the coronavirus death toll in the United States rose to 11 and travel related stocks took a severe beating.



4 years ago

Southwest CEO on coronavirus: "We could discount prices tomorrow and it wouldn't do any good"

Southwest Airlines Chief Executive Gary Kelly said on Thursday that the airline was not running dramatic fare sales in response to a drop-off in demand due to the spreading coronavirus.



4 years ago

Former UAW President Gary Jones charged in U.S. corruption probe

Former United Auto Workers (UAW) President Gary Jones was charged on Thursday with embezzling more than $1 million of union funds amid a U.S. corruption probe that has raised the specter of a federal government takeover of the union.



4 years ago

Airlines face $100 billion-plus virus hit, discounts 'wouldn't do any good'

The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body warned on Thursday, while the head of a large U.S. airline said the drop-off in travel demand seemed driven more by fear than economics, similar to what happened after the disasters of Sept. 11, 2001.



4 years ago

OPEC to recommend to OPEC+ extending new cuts to end of 2020: statement

OPEC ministers said on Thursday they would recommend to OPEC+, a group that includes Russia, that additional oil production cuts of 1.5 million barrels per day (bpd) run until the end of 2020 rather than just during the second quarter.



4 years ago

Southwest Airlines sees first-quarter revenue hurt coronavirus fears

Southwest Airlines Co said on Thursday it expected a hit of up to $300 million to its first-quarter operating revenue from the new coronavirus outbreak, prompting it to cut its quarterly revenue outlook.



4 years ago

Oil slides as demand worries overshadow OPEC deal to deepen supply cuts

Oil prices fell on Thursday as the coronavirus epidemic showed no signs of slowing, feeding worries about the global economy and prompting investors to sell more risky assets like stocks and crude oil and park money in safe havens.



4 years ago

'9/11-type feel' to airline demand drop over coronavirus: Southwest CEO to CNBC

The drop-off in air travel demand following the spread of coronavirus cases feels more driven by fear than economics, similar to 9/11, Southwest Airlines Co Chief Executive Gary Kelly told CNBC on Thursday.



4 years ago