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Verizon, Comcast will not cancel service through June due to coronavirus

Verizon Communications Inc , the largest U.S. wireless carrier, and cable giant Comcast Corp said on Monday they will extend a commitment through June 30 not to cancel service or charge late fees to customers because of the coronavirus pandemic.

Markets

HBO Max streaming service available on Apple devices at May 27 launch

REUTERS: HBO Max, the forthcoming streaming service from AT&T Inc.-owned WarnerMedia, will be available on Apple Inc. devices when it launches on May 27, the company said on Monday (Apr 27). Customers will be able to access HBO Max on the iPhone, iPad and iPod touch devices, as well...

Markets

US judge rules talc lawsuits against J&J can proceed, testimony limited

Thousands of plaintiffs who say that Johnson & Johnson's baby powder and talc products caused cancer can go forward with their claims, but face limits on what expert testimony will be allowed in trials after a Monday ruling by a New Jersey judge.

Markets

Boeing says it will need to borrow more money on coronavirus fallout

Boeing Co will need to borrow more money over the next six months and does not expect to pay dividends again for years, as the U.S. planemaker wrestles with industry fallout from the coronavirus and the grounding of its 737 MAX jet, chief executive Dave Calhoun told shareholders on...

Markets

HBO Max streaming service will be available on Apple devices at May 27 launch

REUTERS: HBO Max, the forthcoming streaming service from AT&T Inc.-owned WarnerMedia, will be available on Apple Inc. devices when it launches on May 27, the company said on Monday. Customers will be able to access HBO Max on the iPhone, iPad and iPod touch devices, as well as the...

Markets

US banks in another mad grab for US$310 billion in new small business aid

U.S. banks on Monday began another chaotic dash to grab US$310 billion in fresh small business aid released by the government, after it changed some of the rules of the first-come-first-served program at the 11th hour.

Markets

Airbus to furlough 3,200 staff at Broughton factory in Wales

Airbus will furlough around 3,200 staff at its Broughton factory in Wales, the European planemaker said on Monday after it warned staff that the coronavirus crisis had put its survival at stake.

Markets

Poland’s LOT in talks to convert Boeing Dreamliners for freight

Polish airline LOT is in talks with Boeing to modify its 787 Dreamliner jets into temporary cargo carriers, a LOT spokesman told Reuters, in a move that could help to narrow losses from the coronavirus crisis.

Markets

US health insurers benefit as elective care cuts offset coronavirus costs

As Americans delay elective surgeries and avoid doctors and hospitals during the coronavirus pandemic, healthcare spending declines have more than offset the added costs of COVID-19 care, insurance executives and experts say, boosting U.S. health insurer profits.

Markets

Microsoft wins 5-year deal with Coca-Cola to supply business software

Microsoft Corp on Monday said it had won a five-year deal with Coca-Cola Co to supply business software, including its Teams chat app and tools for customer service agents.

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