Microsoft (NASDAQ:MSFT) shares are set to open under pressure later Wednesday after the software giant reported its slowest sales growth in six years and warned that there may be worse to come. Revenue grew only 2% year-over-year in the three months through December to $52.7 billion, missing the consensus estimate of $53.12B. While earnings were […]
Tag: Pandemic
U.S. House committee approves another $14 billion for pandemic-hit airlines
By Administrator_India Capital Sands A U.S. House committee on Thursday approved a proposal to give airlines another $14 billion in payroll assistance as part of a broader COVID-19 relief package that is working its way through Congress. It would be the third round of support for the pandemic-hit industry. American Airlines (NASDAQ:AAL) and United Airlines […]
California reports nearly 12,000 COVID cases, biggest increase since pandemic started
By Administrator_India Capital Sands California reported a record increase of more than 11,800 new cases of COVID-19 on Monday, as the Trump administration pushes for schools to reopen to help businesses return to normal. If California were a country, it would be rank fifth in the world for total cases at nearly 400,000, behind the […]
U.S. reports 55,000 COVID-19 cases in single day, hits new global record
By Administrator_India Capital Sands The United States reported more than 55,000 new COVID-19 cases on Thursday, a new daily global record for the coronavirus pandemic, as infections rose in a majority of states. A surge in coronavirus cases over the past week has put President Donald Trump’s handling of the crisis under the microscope and […]
California eases pandemic restrictions; New York Stock Exchange opens
By Administrator_India Capital Sands California, the most populous U.S. state, took another step on Tuesday toward ending sweeping lockdowns imposed to contain the coronavirus pandemic, allowing barber shops and hair salons in most counties to operate for the first time in more than two months. On Monday, Governor Gavin Newsom lifted orders that banned church […]