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3M Chairman and CEO Mike Roman is starting to see some light at the end of the long tunnel that has been the damaging COVID-19 pandemic. “We did build off a strong performance, another strong performance in the second quarter with an improving sales performance in July. It’s early days. I would say we are seeing it broad-based across businesses and geographies. It’s something, we are seeing improvement in economies starting to come through in our end market,” Roman told Yahoo… Source link

Americans who got a first stimulus check would likely get a second one under the GOP’s new proposal. In several instances, some individuals would get more money. The Republican plan unveiled on Monday proposes sending a second wave of stimulus checks of up to $1,200 to Americans, plus an additional $500 for any dependent — a key departure from the first round.  That means parents of older high schoolers and college students claimed as dependents would get the bonus, as well as those… Source link

The Patriots lost Tom Brady in March. They’re systematically losing plenty of other players in late July. Mike Reiss of ESPN.com reports that safety Patrick Chung has opted out of the 2020 season. Chung, who was due to make a base salary of $1.1 million this year, becomes the sixth Patriots player to opt out of the 2020 season, joining linebacker Dont’a Hightower, offensive lineman Marcus Cannon, fullback Danny Vitale, guard Najee Toran, and running back Brandon Bolden. With each Patriots… Source link

Yandex’s self-driving car unit has accelerated through the coronavirus pandemic, becoming one of the world’s top 3 companies for the number of miles driven by automated vehicles. In a conference call with investors Tuesday, the Russian technology giant dubbed ‘Russia’s Google’ said its fleet of 130 vehicles had passed four million miles in autonomous driving.  The milestone is the latest in Yandex’s heavy investment into driverless technology. The mile count has… Source link

If the GOP’s plan to reduce extra coronavirus unemployment benefits gets passed, lower-income American families will get hurt the most. The Republican proposal released Monday suggests cutting the extra unemployment benefits to $200 a week through September and then ultimately transitioning to unemployment benefits that replace only 70% of wages. That would replace the extra $600 in weekly benefits that expire on July 31. “The $600 a week disproportionately benefits poor people and that is… Source link

07/28 Update below. This post was originally published on July 23 Confidence in Gmail took a hit earlier this month when a serious spam filter flaw sent potentially malicious emails direct to users’ inboxes. Now Google has revealed an ingenious way to win back users’ trust.  Gmail looks set to wipe out the threat of phishing emails PA Images via Getty Images MORE FROM FORBESGoogle Reveals Gmail’s Most Ambitious Ever UpgradesBy Gordon Kelly In an Source link

Shares of Russian internet firm Yandex (NASDAQ:YNDX) are down 3% pre-market in U.S. trading despite beating Q2 estimates on the top and bottom line. Online ad revenue fell 15% Y/Y to RUB29.1M due to the coronavirus pandemic. Revenue from Yandex properties was down 11% (accounting for 49% of revenue), and ad network sales dropped 31% (10% of revenue.) The Taxi segment grew 42% Y/Y to account for 30% of total revenue, up nine percentage points on the year. The growth was primarily due to the… Source link

Yandex (YNDX) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 80%. A quarter ago, it was expected that this Russian search engine would post earnings of $0.28 per share when it actually produced earnings of $0.19, delivering a surprise of -32.14%. Over the last four… Source link

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Yandex (YNDX – Free Report) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 80%. A quarter ago, it was expected that this Russian search engine would post earnings of $0.28 per share when it actually produced earnings of $0.19, delivering a… Source link