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E-commerce Shows No Signs of Slowing Down
Among other key takeaways from the last year, a new report by Adobe predicts e-commerce will top $1 trillion in the next year. Notably, the company’s research shows COVID-19 led to an “extra boost” of $183 billion as consumers shifted behaviors to shop online for daily needs. “Our Digital Economy Index data is showing that […]
Hewlett Packard Enterprise cuts cash flow outlook on coronavirus impact, shares down
(Reuters) – Hewlett Packard Enterprise <HPE.N> on Tuesday cut its free cash flow forecast for the year citing supply constraints due to the coronavirus outbreak, and reported a lower-than-expected quarterly revenue. The computer hardware maker’s shares fell more than 5% in after-market trading. HPE now expects 2020 free cash flow between $1.6 billion and $1.8 […]
Businessman Andrew Yang ends eclectic presidential bid
By Joseph Ax and Doina Chiacu (Reuters) – Andrew Yang, an entrepreneur whose unlikely White House bid evolved into a serious campaign thanks to grassroots enthusiasm, pulled out of the Democratic presidential race on Tuesday after New Hampshire delivered him a second straight poor showing. Yang, 45, who ran for president despite having no political […]