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Omar Marques | Lightrocket | Getty Images Microsoft‘s Outlook email service malfunctioned for over 21 hours Wednesday and Thursday, prompting some people to post on social media about the inability to reach their virtual mailboxes. The issue began at 6:20 p.m. Eastern time on Wednesday, according to a dashboard the software company maintains. It affected Outlook.com as […]
Microsoft CEO Satya Nadella speaks at the Axel Springer building in Berlin on Oct. 17, 2023. He received the annual Axel Springer Award. Ben Kriemann | Getty Images Among the thousands of Microsoft employees who lost their jobs in the cutbacks announced this week were 830 staffers in the company’s home state of Washington. Nearly […]
Nike said Thursday it would cut its reliance on production in China to mitigate the impact from US tariffs on imports, and forecast a smaller drop in first-quarter revenue than expected by analysts, sending its shares up 11% in extended trading. President Trump’s sweeping tariffs on key trading partners could add around $1 billion to Nike’s costs, […]
Aflac’s customer data has been breached in the latest cyberattack on the US insurance industry – potentially jeopardizing Social Security numbers, insurance claims and health information, the company said Friday. It’s the largest insurance company yet to fall victim to a major hacking, with tens of millions of customers and a $55 billion market cap. […]
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the economy, in the most significant policy steps taken by Chinese officials to limit the impact of the trade war with the United States. The central bank, the People’s Bank of China, cut […]
Denise Buzy-Pucheu, founder and owner of The Persnickety Bride, said steep tariffs on imports from China are hurting U.S. businesses, including bridal shops and wedding dress designers. Some of the brands she carries have added a tariff surcharge. Courtesy of The Persnickety Bride; Photograph by Stella Blue Photography Days after President Donald Trump announced steep […]
Videos posted by Chinese TikTok users that suggest people should purchase fashion items directly from factories in China have surfaced in the U.S. in recent weeks, according to Bloomberg. The videos claim many apparel brands, such as Nike and Lululemon, get their products from Chinese factories, with some praising the quality of Chinese manufacturing, the outlet reported Monday. […]
President Trump’s stiff tariffs on foreign auto imports will cost US carmakers nearly $108 billion — with Detroit’s Big Three getting slammed the hardest despite having plants in the states, according to a study. The 25% tax on foreign auto imports and parts, which went into effect April 3, is expected to impact 17.7 million […]
After months of threats, the White House unveiled plans on Wednesday to impose tariffs on automobiles imported to the United States, a plan that is likely to hit car companies across the European Union hard. The move — which would place a 25 percent tariff on all cars not built in the United States — […]
Netflix spent over $275 million to make “The Electric State,” a sci-fi action adventure film starring Millie Bobby Brown, Chris Pratt and a slew of sentient robots. Had it opened in theaters, instead of on its service as it did on March 14, the film would almost certainly be declared a giant disappointment. Reviews have […]
