The recent release of Apple’s new budget iPhone has helped prop up the tech giant’s faltering business in China, new data shows. The Cupertino, California-based company sold 3.9 million iPhones in China last month, a 160-percent increase from March when the country was locked down by the coronavirus, according to data obtained by CNBC from … Read more
A top executive overseeing safety issues at Google’s self-driving car company Waymo has left the company. Debbie Hersman is stepping down as chief safety officer after just over a year on the job, Waymo said Thursday, and will instead serve as a consultant to the company. Hersman, the former chair of the US National Transportation … Read more
Cannabis company stocks are skyrocketing as investors are high on new hopes that marijuana might help ward off the deadly coronavirus. Shares in major pot firms climbed in late trading Thursday after The Post reported on a Canadian study showing that certain strains of cannabis may help prevent COVID-19 from entering host cells. Canadian pot … Read more
President Trump said the US will not shut down again if a second wave of coronavirus infections emerges. “We’re not going close the country,” Trump told reporters Thursday while touring a Ford plant in Michigan. “We’re going to put out the fires. Whether it’s an ember or a flame we’re going put it out, but … Read more
Scammers posing as out-of-work residents have bilked Washington State out of “hundreds of millions of dollars” in unemployment benefits, a top official said. The fraudsters submitted bogus unemployment claims under the names of tens of thousands of people whose personal information had been stolen, said Suzi LeVine, commissioner of the state’s Employment Security Department. “I … Read more
Japanese officials want to extradite two Americans accused of helping ex-Nissan CEO Carlos Ghosn make his dramatic escape from Tokyo. Japan is getting ready to formally request the extradition of ex-Green Beret Michael Taylor, 59, and his son, Peter Taylor, according to reports. US authorities arrested the pair at Japan’s request Wednesday. “We are making … Read more
The feds have ordered 300 million doses of a potential coronavirus vaccine from British drugmaker AstraZeneca, officials said Thursday. The company will get up to $1.2 billion from the US Department of Health and Human Services to speed the development and production of the vaccine with the goal of delivering the first doses as early … Read more
Another 2.4 million Americans applied for unemployment benefits last week as the number of workers sidelined by the coronavirus crisis topped 38 million, new federal data show. That indicates almost a quarter of the US workforce has tried to join the nation’s unemployment rolls in the past nine weeks as the pandemic kneecapped the global … Read more
A 25-year-old skin care consultant gets several text messages and calls each day meant for Tesla CEO Elon Musk, all because AT&T assigned her the billionaire’s old phone number. Lyndsay Tucker, who works at a Sephora in San Jose, Calif., was unwittingly given Musk’s old digits as a college student. Suddenly, she began receiving a … Read more
Victoria’s Secret is slimming down — and Wall Street likes the new look. The lingerie giant’s corporate parent L Brands saw a 10-percent stock surge on Thursday after Victoria’s Secret said its shuttering more than 20 percent of its stores this year — or about 250 locations in the US and Canada — as its … Read more