Donald Trump, for the first time, has confirmed the US conducted a covert cyberattack in 2018. The attack was against Russia's Internet Research Agency, according to reports at CNN. The Internet Research Agency is a troll farm blamed for interference in the 2016 presidential election. Trump gave confirmation during an interview with reporters.
[NFA] Robert Unanue, the CEO of the Hispanic staple food maker Goya Foods, praised President Donald Trump on Thursday at the White House which swiftly led to backlash on Twitter. Colette Luke has more.
U.S. President Donald Trump's planned executive order on immigration will not include amnesty for migrants who are in the United States illegally but arrived in the country as children, a White House spokesman said on Friday. Jillian Kitchener has more.
The Trump Administration is pushing to reopen schools in the fall of 2020. Business Insider reports the US is dealing with record spike in cases of the novel coronavirus. Education Secretary Betsy Devos on Sunday doubled down on the Trump administration's position. "There is going to be the exception to the rule. But the rule should be that kids go back to school this fall." Children are at low risk of serious illness and death from COVID-19.
President Donald Trump said "99%" of coronavirus cases in the US are "totally harmless." Dr. Anthony Fauci is the nation's top infectious-disease expert. Fauci said Trump's claim is "false." "I'm trying to figure out where the president got that number," Fauci said in a Financial Times interview published Friday. Business Insider reports that there is overwhelming evidence of COVID-19's effects contradicts Trump's statement.
Business Insider reports that Walgreens has halted its share buyback program. The pharmacy chain revealed it plans to cut 4,000 jobs after reporting worse-than-expected third-quarter figures. The drugstore giant lost $1.95 per share over the period. Thats $1.71 billion overall. The company's Boots UK division saw same-store sales nosedive 48% over the period. The reason? Walgreens says quarantine orders "compelled consumers to consolidate shopping into grocers.
Netflix is on the verge of reporting a blockbuster second quarter earnings report, according to Goldman Sachs. Business Insider reports that Goldman Sachs is basing their judgement on strong app download trends On Friday, Goldman raised its Netflix price target to $670, representing upside potential of 32% from Thursday's close. The firm said COVID-19 continues to accelerate the trend towards video streaming services. Goldman Sachs said Netflix is a prime beneficiary of that trend.
Business Insider reports that Chelsea Clinton is forming her own venture capital firm. The firm will be called Metrodora Ventures. It was registered in April and has its own Twitter account. Clinton hasn't decided whether to commit to the firm full-time, Axios reports. On Twitter, Metrodora Ventures describes itself as "a values conscious venture capital firm focused on health and learning businesses.