Amazon Web Service has built a giant business by getting companies to offload services to the cloud. But clients are now trying to save money on their bills.
Fisker’s shares closed down 5% after a short-seller claimed its $824 million cash hoard was “tied up” by legal agreements. Fisker denied the allegations.
Foxconn is offering big bonuses to entice workers back to its Zhengzhou, China factory after labor unrest over a pay dispute saw employees walk out.
Far from its heady days of 300% growth during the pandemic, Zoom’s expansion is mired in the single digits and the company faces headwinds as the economy slows.
Seniors and children younger than age 5 are most at risk right now, public health official said.
White House chief medical advisor Dr. Anthony Fauci said Covid deaths are too high heading into the winter.