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Expert: negative oil futures do not reflect the real price

The negative U.S. oil prices were a preview of an extreme situation and do not reflect the real price, a global commodity expert said, as U.S. oil futures plunged below zero U.S. dollars a barrel on

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Lifesaving supplies continue to be shipped across Africa to protect health workers: WHO

World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus on Monday said that solidarity flights continue to ship lifesaving medical supplies across Africa to protect health worke

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U.S. House Republican leader: still no deal on more coronavirus money for small businesses

U.S. Democrats and Republicans were near agreement on Monday for extra money to help small businesses hurt by the coronavirus pandemic, a top Republican lawmaker said,

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La Liga, RFEF, Spanish government reach agreement on football return

Luis Rubiales (L), president of the Royal Spanish Football Federation (RFEF) and Javier Tebas (R), president of La Liga. /VCG The 2019-20 La Liga season is now one step closer to restarting a

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Chile reports 9,730 cases and 126 deaths from COVID-19

A citizen (R) wearing protective suit shops at a market in Santiago, Chile, April 16, 2020.(Photo by Jorge Villegas/Xinhua)Health Minister Jaime Manalich announced on S

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Instagram founders launch COVID-19 spread tracker Rt.live

Instagram founders Kevin Systrom and Mike Krieger have teamed up to launch their first product together since leaving the Facebook mothership. Rt.live is an up-to-date tracker of how fast COVID-19 is

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Trump’s hype for state lockdown protests puts Twitter and Facebook’s new COVID-19 policies to the test

A new flurry of tweets from President Trump is pushing the limits of social platform policies designed explicitly to keep users safe from the spread of the novel coronavirus, both online and off.In a

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Europe’s PEPP-PT COVID-19 contacts tracing standard push could be squaring up for a fight with Apple and Google

A coalition of EU scientists and technologists that’s developing what’s billed as a “privacy-preserving” standard for Bluetooth-based proximity tracking, as a proxy for COVID-1

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Airbnb reportedly lays off contractors and cancels summer internships

Airbnb has ended its contracts with contingent workers early and postponed summer internships, Protocol reports. Contractors at Airbnb serve as property inspectors, home consultants and more.Contract

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Saving, not spending, is the new hotness in fintech

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Yesterday news broke that Robinhood is on the hunt for new capital at a roughly fl

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‘Glitch’ blamed as stimulus check is delayed for millions who filed through H&R Block, TurboTax

Many have been understandably concerned that, amid corporate bailouts, a $1,200 check won’t be enough to survive several more weeks of lockdown. But the stimulus check is, at very least, better than n

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EU lawmakers set out guidance for coronavirus contacts tracing apps

The European Commission has published detailed guidance for Member States on developing coronavirus contacts tracing and warning apps.The toolbox, which has been developed by the e-Health Network wit

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GoPro lays off 200 employees representing 20% of the company

Action camera manufacturer GoPro has announced some massive organizational changes at the company. In particular, the company is laying off over 200 employees —it represents a 20% staff reduction.GoPr

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View, the dynamic glass company that raised $1.1 billion from SoftBank in 2018, is laying people off

View, a 13-year-old, Milpitas, Calif.-based company that makes dynamic glass designed to reduce heat and glare as well as lessen eyestrain, has cut an unknown number of employees, including at a plant

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Markets dragged down by abysmal retail sales and factory output

U.S. major stock indexes fell in Wednesday trading as new data from the Commerce Department and Federal Reserve indicated a collapse in manufacturing output and retail sales.However, the declines did

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SoftBank-backed Opendoor has announced a massive layoff, cutting 35% of its employees

Opendoor, the seven-year-old, San Francisco-based company that has from the outset aimed to help people buy and sell homes with the “push of a button” or nearly, has just laid off more tha

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Amazon reportedly closes warehouses in France following court order

Amazon has decided to close its six fulfillment centers in France until Monday, according to an internal document seen by Capital and Reuters. The company also said publicly that it’ll probably appea