billion Archives - News Morning

Nike’s earnings plunge $1.8 billion as stores reopen from coronavirus shutdown

26th June 2020 newsmorning 0 Comments billion, Coronavirus, earnings, Nikes, plunge, reopen, shutdown, stores

Nike lost $790 million in the fourth quarter, as soaring digital sales couldn’t make up for the loss of revenue

House Armed Services chairman proposes $1 billion Pentagon pandemic preparedness fund

25th June 2020 newsmorning 0 Comments armed, billion, chairman, fund, House, pandemic, Pentagon, preparedness, proposes, services

Smith’s “chairman’s mark” of the House’s annual defense policy bill includes a $1 billion pandemic preparedness and resilience national security

Technology

Amazon creates a $2 billion climate fund, as it struggles to cut its own emissions

23rd June 2020 newsmorning 0 Comments Amazon, billion, Climate, Creates, cut, Emissions, fund, struggles

Amazon launched a $2 billion venture fund to invest in companies developing ways to cut greenhouse gas emissions, marking the

Medical & Health

WHO hopes for hundreds of millions of vaccine doses this year, 2 billion next year

18th June 2020 newsmorning 0 Comments billion, doses, hopes, hundreds, millions, vaccine, year

GENEVA (Reuters) – The World Health Organization hopes hundreds of millions of doses of coronavirus vaccine can be produced this

news world

Air maintenance firms, manufacturers plan for $60 billion in lost sales

18th June 2020 newsmorning 0 Comments Air, billion, firms, lost, Maintenance, manufacturers, plan, Sales

(Reuters) – Maintenance firms and spare parts producers who keep airplanes running are bracing for a decline of up to

Business

Australian regulator says Google’s $2.1 billion Fitbit deal could harm competition

18th June 2020 newsmorning 0 Comments Australian, billion, competition, deal, Fitbit, Googles, Harm, regulator

SYDNEY/BENGALURU (Reuters) – Australia’s antitrust regulator warned Google’s planned $2.1 billion acquisition of fitness tracker maker Fitbit (FIT.N) may give

Business

Lufthansa warns its $10 billion bailout deal is in jeopardy

17th June 2020 newsmorning 0 Comments bailout, billion, deal, jeopardy, Lufthansa, warns

FRANKFURT (Reuters) – German airline Lufthansa (LHAG.DE) warned on Wednesday that it might need to apply for protection from creditors

Business

United Airlines pledges loyalty program for $5 billion loan

15th June 2020 newsmorning 0 Comments airlines, billion, loan, loyalty, pledges, program, United

CHICAGO (Reuters) – United Airlines (UAL.O) said on Monday it is pledging its MileagePlus frequent flyer program for a new

Business

BP cuts up to $17.5 billion from assets’ value with bleaker oil outlook

15th June 2020 newsmorning 0 Comments 175, assets, billion, bleaker, cuts, oil, outlook

LONDON (Reuters) – BP (BP.L) will write off up to $17.5 billion from the value of its assets after cutting

Business

Unilever to invest 1 billion euros in climate change fund over 10 years

14th June 2020 newsmorning 0 Comments billion, Change, Climate, euros, fund, Invest, Unilever, Years

(Reuters) – Unilever Plc (ULVR.L) said on Monday it will invest 1 billion euros in a fund to invest in

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