Corporate news

Democratic presidential candidate, former Vice President Joe Biden puts on a face mask to protect against the spread of the new coronavirus as he departs after speaking at Alexis Dupont High School in Wilmington, Del., Tuesday, June 30, 2020. (AP Photo/Patrick Semansky)
1010 WINS Newsroom
July 07, 2020 - 3:03 pm
WASHINGTON (AP) — Joe Biden is promising to shift production of medical equipment and other key pandemic-fighting products “back to U.S. soil," creating jobs and bolstering a domestic supply chain he says has been exposed as inadequate and vulnerable by the coronavirus outbreak. The presumptive...
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FILE - In this July 21, 2016, file photo, entrepreneur Peter Thiel speaks during the final day of the Republican National Convention in Cleveland. The Silicon Valley data-mining firm Palantir Technologies says it has confidentially filed to go public, setting up what could be the biggest public stock offering of a technology company since Uber’s debut in 2019. (AP Photo/J. Scott Applewhite, File)
1010 WINS Newsroom
July 07, 2020 - 12:38 pm
The Silicon Valley data-mining firm Palantir Technologies confidentially filed to go public, setting up what could be the biggest stock offering from a technology company since Uber’s debut last year. Founded in 2004 by investors including Peter Thiel, the company works with governments, law...
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Emiratis wearing face masks due to the coronavirus pandemic work on the floor of the Dubai Financial Market in Dubai, United Arab Emirates, Tuesday, July 7, 2020. Dubai reopened its Dubai Financial Market stock exchange Tuesday after closing its floor due to the coronavirus pandemic. (AP Photo/Jon Gambrell)
1010 WINS Newsroom
July 07, 2020 - 12:07 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the virus. ________________________ FOOD & SHOPPING: — Overall retail sales are...
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Hong Kong Chief Executive Carrie Lam listens to reporters' questions during a press conference in Hong Kong, Tuesday, July 7, 2020. TikTok said Tuesday it will stop operations in Hong Kong, joining other social media companies in warily eyeing ramifications of a sweeping national security law that took effect last week.(AP Photo/Vincent Yu)
1010 WINS Newsroom
July 07, 2020 - 6:16 am
HONG KONG (AP) — Hong Kong’s leader Carrie Lam offered scant reassurance Tuesday over a new national security law that critics say undermines liberties and legal protections promised when China took control of the former British colony. A year ago, Hong Kong residents felt secure enough in their...
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Buildings from different eras of the city's history surround an empty lot in downtown Saginaw, Mich., Monday, June 29, 2020. President Donald Trump won Saginaw county by just over 1,000 votes in 2016, capitalizing on the rusting industrial city's frustrations and its dislike of Democrat Hillary Clinton. (AP Photo/Charles Rex Arbogast)
1010 WINS Newsroom
July 07, 2020 - 5:48 am
Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. A MICROCOSM OF AMERICAN DISUNITY Places like Saginaw County, in the battleground state Michigan, have been hit with the triple shock of a pandemic, recession and an uprising against police...
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FILE - In this Nov. 30, 2016, file photo, investor Ray Washburne waits for an elevator in the lobby of Trump Tower in New York. As much as $273 million in federal coronavirus aid was awarded to more than 100 companies that are owned or operated by major donors to President Donald Trump's election efforts, according to an Associated Press analysis of federal data that was released Monday, July 6, 2020. Irving, Texas-based M Crowd Restaurant Group, which owns 27 Texas restaurants including the Mi Cocina chain, was approved for between $5 million and $10 million. Washburne, one of the company’s founders, was vice chairman of the Trump Victory Committee in 2016 and donated $100,000 to the PAC last August. The company did not respond to a request for comment. (AP Photo/Evan Vucci, File)
1010 WINS Newsroom
July 07, 2020 - 5:41 am
WASHINGTON (AP) — As much as $273 million in federal coronavirus aid was awarded to more than 100 companies that are owned or operated by major donors to President Donald Trump's election efforts, according to an Associated Press analysis of federal data. Many were among the first to be approved...
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Visitors try out Samsung Electronics' Galaxy Z Flip smartphones at its shop in Seoul, South Korea, Tuesday, July 7, 2020. Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period last year, helped by robust demand for memory chips used in personal computers and servers as the coronavirus pandemic has more people working from home. (AP Photo/Ahn Young-joon)
1010 WINS Newsroom
July 07, 2020 - 12:45 am
SEOUL, South Korea (AP) — Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period last year, helped by robust demand for memory chips used in personal computers and servers as the coronavirus pandemic has more people working from home. The...
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A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, July 7, 2020. Asian shares were mixed Tuesday, as some benchmarks were buoyed by an ongoing worldwide rally as investors bet on a dramatic economic turnaround amid ongoing challenges of the coronavirus outbreak. (AP Photo/Vincent Yu)
1010 WINS Newsroom
July 07, 2020 - 12:41 am
TOKYO (AP) — Markets were mostly lower in Asia on Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech shares that pushed the Nasdaq composite to another record high. Japan's benchmark Nikkei 225 dropped 0.6% to 22,577.65 and South Korea'...
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1010 WINS Newsroom
July 06, 2020 - 6:45 pm
NEW YORK (AP) — Two storied magazines that focus on news and culture in the Black community, Essence and Ebony, are in the midst of turmoil at their top levels. Ebony late last week forced out CEO Willard Jackson following an initial inquiry into some of his financial transactions. The general...
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FILE - In this May 15, 2020 file photo, an Uber sign is displayed inside a car in Chicago. Uber finally got its food delivery company, acquiring Postmates in a $2.65 billion all-stock deal, the ride-hailing giant confirmed Monday, July 6. (AP Photo/Nam Y. Huh, File)
1010 WINS Newsroom
July 06, 2020 - 6:03 pm
SILVER SPRING, Md. (AP) — Uber has widened its reach in the fiercely competitive delivery market by acquiring Postmates in a $2.65 billion all-stock deal, the company said Monday. The acquisition enables the ride-hailing giant to increase its delivery offerings at a time when the global pandemic...
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