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Federal Reserve chairman Jerome Powell warned in an interview released on Sunday that a full economic rebound following the coronavirus pandemic may not occur until the end of 2021. Powell described the sudden slowdown as the “biggest shock that the economy’s had in living memory” during the interview on CBS’s 60 Minutes. “This economy will …
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The coronavirus has claimed some of SoftBank’s “unicorns” as casualties — and its billionaire CEO used a fantasy-driven slide presentation to illustrate the problem. The Japanese investment giant reported an $18 billion loss for its Vision Fund Monday after its buzzy “unicorn” tech startups like Uber and WeWork fell into what CEO Masayoshi Son called …
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Shares of Uber spiked as much as 8 percent Monday on reports that the ride-hail giant is axing an additional 3,000 employees and closing 45 offices as the coronavirus slams the brakes on its business. Combined with 3,700 pink slips the company handed out earlier this month, the latest cuts — which CEO Dara Khosrowshahi announced …
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View this post on Instagram A post shared by Pierce Brosnan (@piercebrosnanofficial) on May 17, 2020 at 11:52am PDT Pierce Brosnan is one proud dad. The 67-year-old actor celebrated his son Dylan’s graduation from the University of Southern California on Sunday, days after USC held a virtual commencement for the Class of 2020 due to …
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Israeli inventors have developed a coronavirus mask with a remote control mouth that lets diners eat food without taking it off, a device they say could make a visit to a restaurant less risky. A squeeze of a lever, much like a cyclist operates a handbrake, opens a slot in the front of the mask …
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US restrictions against Huawei could devastate the Chinese technology giant and escalate tensions between Beijing and Washington already heightened amid the coronavirus pandemic. The Commerce Department issued new guidelines on Friday barring any non-American chipmaker from supplying Huawei Technologies Co. without first getting approval from the US government. Taiwan Semiconductor Manufacturing Co., the world’s largest …
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View this post on Instagram A post shared by Ciara (@ciara) on May 17, 2020 at 2:05pm PDT Ciara’s pregnancy is “bumpin” right along. On Sunday, the 34-year-old singer — who is expecting her second child with husband Russell Wilson — modeled a black bikini outdoors while showing off her growing baby bump. “The Bump …
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Noah Cyrus is opening up about what it was like to grow up as Miley Cyrus’ younger sister. On her new track, “The End of Everything,” 20-year-old Noah sings, “My sister’s like sunshine, bringing good light wherever she’ll go / and I was born to rain clouds, blessed in her shadows.” Over the weekend, Noah …
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Marla Maples has spent her quarantine getting friendly with trees and hanging out with her late grandfather. Speaking with BeondTV broadcaster Carlos Amezcua, President Trump’s second wife said, “I love the big city — that’s why I’m here. But I like it in balance with nature, so I’m getting to learn a whole near-other level …
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As the 10-part Michael Jordan documentary series “The Last Dance” wrapped up Sunday night, one man did not come out of it with the same honor and glory that the rest of the legendary Chicago Bulls franchise did. General manager Jerry Krause was heavily scrutinized for breaking up the dominant dynasty before giving them a …
Federal Reserve chairman Jerome Powell warned in an interview released on Sunday that a full economic rebound following the coronavirus pandemic may not occur until the end of 2021. Powell described the sudden slowdown as the “biggest shock that the economy’s had in living memory” during the interview on CBS’s 60 Minutes. “This economy will …
