Global Economy

U.S. reports more than 71,600 new Covid cases, near record highs, and hospitalizations rise

A patient recovering from COVID-19 at Marianjoy Rehabilitation Hospital in Wheaton, Illinois, on September 30, 2020. Terrence Antonio James | Tribune News Service | Getty Images The United States reported more than 71,600 new coronavirus cases on Thursday, approaching a record number of daily infections set in late July as the outbreak takes root across […]

Markets

Nestle Q3 results: Profit falls 1.4%; revenue rises 10.1% on double-digit growth in key brands

New Delhi: The country’s biggest packaged foods company Nestle India reported 1.4% year-on-year decline in profit for the quarter ended September 30, hit by higher tax costs, but said revenues and operating income grew in double digits. The maker of Maggi noodles and KitKat chocolate announced return to double digit growth for the quarter under […]

Technology

Lawyers who went after Microsoft in antitrust case say DOJ will have a difficult time succeeding against Google

Pedestrians wearing protective masks walk past a Microsoft Technology Center in New York, on Wednesday, July 22, 2020. Jeenah Moon | Bloomberg via Getty Images Lawyers who prosecuted Microsoft over alleged antitrust violations in the late 1990s saw some familiar tactics in the Justice Department’s complaint against Google filed this week. But it’s far from […]