Qualtrics CEO Ryan Smith SAP said Sunday that it would sell some shares of its Qualtrics survey-software unit on a U.S. public market. The announcement comes less than two years after SAP announced a plan to buy Qualtrics for $8 billion, days before Qualtrics was set to go public as an independent company. The move
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States are taking differing approaches to reopening and closing during the pandemic, and the economy has been feeling the impact. More than half of states have instituted statewide mask mandates to slow the spread of the coronavirus, and some have imposed curfews and group size limits for bars and restaurants. These five charts illustrate trends in
A health-care worker collects samples using a nasal swab at a mobile Covid-19 testing facility, in Miami Beach, Florida, United States on July 24, 2020. Anadolu Agency | Anadolu Agency | Getty Images Florida has reported more confirmed coronavirus cases than New York state, as the epicenter of the pandemic has shifted from the Northeast
Dr. Scott Gottlieb on Friday warned against comparing the risks of the coronavirus for children with those from the seasonal influenza, stressing that much remains unknown about Covid-19. “The reality is that flu last year infected 11.8 million kids. We have not infected anywhere near that number of kids with Covid, and we don’t want to find
Los Angeles Unified Superintendent Austin Beutner. Irfan Khan | Los Angeles Times | Getty Images A day after the U.S. Centers for Disease Control and Prevention issued guidelines encouraging public schools to reopen, the leader of the nation’s second-largest district said there was no timeline for when Los Angeles classrooms would welcome students again. The opening
Take a look at some of the biggest movers in the premarket: Verizon (VZ) – Verizon reported quarterly profit of $1.18 per share, 3 cents a share above estimates. Revenue beat forecasts as well. Verizon said it experienced a negative impact from Covid-19, which hurt wireless service and ad spending revenue. American Express (AXP) –
A general view of the Centers for Disease Control and Prevention Edward R. Roybal campus in Atlanta, Georgia on April 23, 2020. Tami Chappell | AFP | Getty Images With some school districts just weeks away from the start of the academic year, the Centers for Disease Control and Prevention released long-awaited guidelines for reopening with a
The number of Americans who filed for unemployment benefits rose more than expected last week as the coronavirus pandemic continues to batter the U.S. economy. The Labor Department said Thursday initial jobless claims increased by 1.416 million for the week ending July 18. Economists polled by Dow Jones expected initial claims to rise by 1.3
Democratic presidential candidate former Vice President Joe Biden speaks about economic recovery during a campaign event at Colonial Early Education Program at the Colwyck Center on July 21, 2020 in New Castle, Delaware. Drew Angerer | Getty Images Former Vice President Joe Biden on Wednesday called President Donald Trump the first racist president in U.S.
Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. Aly Song | Reuters Investors in the Nasdaq 100 will be paying particularly close attention to earnings from the top tech companies starting Wednesday afternoon. Whether looking at this year’s stock market action, or
The Senate on Tuesday rejected a bipartisan proposal to impose strict conditions on the transfer of Defense Department military gear to civilian police departments, despite an outcry over the program amid a wave of protests against racism and police brutality. The Senate voted 51-49 for an amendment to the National Defense Authorization Act that would have
Nearly all college students think distance learning should cost less. Very few schools agree. After most colleges and universities moved online in the spring, three-quarters of all college students were unhappy with the quality of the education they received. Now, roughly 93% of undergraduates said tuition should be lowered if classes continue remotely in the fall, according to a
U.S. Secretary of Health and Human Services Alex Azar speaks after a White House Coronavirus Task Force briefing at the Department of Health and Human Services on June 26, 2020 in Washington, DC. Joshua Roberts | Getty Images The Trump administration on Monday unveiled a new website of Covid-19 hospitalization data that officials said offers
Take a look at some of the biggest movers in the premarket: Halliburton (HAL) – The oilfield services company earned 5 cents per share for its latest quarter, compared to Wall Street forecasts of an 11 cents per share loss. Revenue came in below estimates, however, amid a significant drop in global activity. Noble Energy
Protesters seen near the Multnomah County Justice Center on July 17, 2020 in Portland, Oregon. Federal law enforcement agencies attempt to intervene as protests continue in Portland. Mason Trinca | Getty Images News | Getty Images House Democrats on Sunday called for an immediate investigation into reports that federal law enforcement agents have unlawfully arrested
National Institute of Allergy and Infectious Diseases Director Anthony Fauci attends the daily coronavirus briefing in the Brady Press Briefing Room at the White House on April 09, 2020 in Washington, DC. U.S. unemployment claims have approached 17 million over the past three weeks amid the COVID-19 pandemic. Alex Wong | Getty Images White House
US President Donald Trump holds up swabs as he speaks during a Coronavirus Task Force press briefing at the White House in Washington, DC, on April 19, 2020. Jim Watson | AFP | Getty Images The White House is trying to block billions of dollars for coronavirus testing and contact tracing in the upcoming stimulus
Rep. John Lewis is seen near the statue of Martin Luther King Jr. in the Capitol Rotunda before a memorial service for Rep. Elijah Cummings, D-Md., Oct. 24, 2019. Tom Williams | CQ Roll Call | Getty Images Rep. John Lewis, the sharecroppers’ son who battled against segregation — getting his head bashed by an