Google set to follow Apple, Amazon and Microsoft to become the fourth tech firm with a $1 trillion market value By Daily Mail City & Finance Reporter Published: 21:51 BST, 13 January 2020 | Updated: 21:54 BST, 13 January 2020 Google’s parent company was poised last night to become the fourth tech group to reach … Read more
Amazon is now worth $1.1 trillion after its shares hit a record high Tuesday amid surging online orders during coronavirus lockdowns. As of Tuesday afternoon Amazon’s stock was up more than four per cent closing at $2,283.32 per share. That topped the online retail giant’s previous high of $2,170.22 per share on February 19. With stocks … Read more
Coronavirus could cost the global economy $4.1 trillion – five per cent of worldwide output – Asian Development Bank warns Asian Development Bank says coronavirus could cost economy $4.1 trillion The estimated impact is equivalent to nearly five percent of worldwide output Crisis has sent equity markets spinning as traders fret over the long-term impact … Read more
The House on Friday passed a $2 trillion coronavirus rescue package, defeating a move by a rogue lawmaker to hold up a vote on the legislation, which now heads to President Donald Trump for his signature. The threat from Republican Congressman Thomas Massie of Kentucky united President Trump, Speaker Nancy Pelosi and House GOP Leader Kevin … Read more
The Senate has passed an unparalleled $2 trillion economic rescue package to respond to the coronavirus pandemic, clearing the way for the House to vote on the measure followed by President Donald Trump’s signature. The bill passed the Senate unanimously by a vote of 96-0 late on Wednesday night after days of contentious debate and negotiations. … Read more
Democrats indicate they are finally ready to sign the phase three economic stimulus package Wednesday, which includes a measure that prohibits Donald Trump’s family businesses from receiving benefits from the coronavirus relief. Senators were finally able to strike a deal overnight on the $2 trillion rescue package to address the fallout from the coronavirus outbreak, … Read more
Last week, Amazon CEO Jeff Bezos finally lifted the veil on the lunar lander his aerospace company has been developing in secret for years, along with a plan to put humans back on the moon to stay. And in the process, he also revealed an ambitious vision for space colonization. Building off of a concept … Read more
The number of billionaires in the world has reached a record 2,816 and are worth a record $11.2 trillion in total – more than the GDP of every country except for the US and China. An extra 346 people are on the list this year – including MacKenzie Bezos following her divorce last year from Amazon founder Jeff … Read more