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The US economy suffered its fastest contraction since the Great Recession as the coronavirus crisis put the country under lockdown, new federal data show. The nation’s gross domestic product — the value of all goods and services produced here — decreased by an annual rate of 4.8 percent in the first three months of the …
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Amazon is reportedly buying heat-sensing cameras to monitor its workers’ temperatures during the coronavirus pandemic from a firm that has been blacklisted by the US for helping China detain and monitor the Uighurs and other Muslim minorities. Under the deal with China’s Zhejiang Dahua Technology, Amazon is paying $10 million for 1,500 cameras, according to …
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Music streaming giant Spotify added another 6 million paying customers in the first quarter but lowered its revenue forecast as ad sales got hit by the economic fallout of the pandemic. The global health crisis began to slam Spotify’s business in late February, the Stockholm-based company said Wednesday, with steeper declines in hard-hit markets such …
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Billionaire Tesla boss Elon Musk lashed out Wednesday at lockdowns meant to contain the coronavirus in a series of early-morning Twitter posts echoing calls from protesters around the US. “FREE AMERICA NOW,” Musk tweeted at 2:15 a.m. The 48-year-old tech tycoon crowed “Bravo Texas!” in an earlier post hailing the Lone Star State for moving …
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The number of confirmed cases of coronavirus in the U.S. hit 1,000,000 Tuesday, with the death toll nearing 60,000 as various state governments debate when to reopen shuttered businesses and schools. New York remains an epicenter with 295,000 cases and 58,000 deaths. New York City alone accounts for 162,000 cases and 17,500 deaths, in an …
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Senate Majority Leader Mitch McConnell (R., Ky.) told Republican Senators that he would not support President Trump’s proposal for an infrastructure overhaul as part of any further coronavirus economic relief, according to multiple reports. “We need to keep the White House in the box,” McConnell told his caucus, according to Axios. ” . . . …
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The most controversial movie of the year is … “Trolls World Tour”? As innocuous as the rainbow-colored, music-blaring animated movie may seem, the digital release of the “Trolls” sequel has caused a storm to course through the movie industry. Just as the pandemic worsened and movie theaters were shuttering, Universal Pictures shifted the film’s release …
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The happiest place on Earth may have an easier time reopening than the most magical place on Earth after the coronavirus pandemic ends. One analyst is suggesting that when the two Disney theme parks in America eventually reopen, they will be facing different challenges based largely on their guests’ state of origin — and Disney …
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Starbucks plans to start reopening some stores next week that were shuttered by the coronavirus outbreak — and expects to be operating 90 percent of its nationwide locations by June, a report said. The reopening of stores — 50 percent of which closed their doors during the pandemic — will be rolled out in stages, …
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Roy Horn, of famed performance duo Siegfried and Roy, has tested positive for the coronavirus. Horn, 75, is “currently responding well to treatment,” his publicist said in a statement to ABC News. He and Siegfried Fischbacher “send positive wishes to everyone impacted by the pandemic,” the statement said. The illusionists were Las Vegas staples for …