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Zoom buying Five9 in all-stock deal valued at $14.7 billion

Zoom announced Sunday it has signed an agreement to acquire cloud contact center software provider Five9 in an all-stock transaction valuing the company at $14.7 billion.

Schumer pressures Dems to wrap up infrastructure, reconciliation before August recess

Senate Majority Leader Charles E. Schumer is pressing Democrats and Republicans to wrap up negotiations on a conventional infrastructure bill and a “human infrastructure” bill ahead of the August recess.

Farmers Get Creative as Profits from Soaring Beef Prices Fail to Trickle Down

It would be hard for Americans to miss that taking the family out for a steak dinner has become more and more of a luxury.

China’s Economic Recovery Loses Some Steam, Investors Eye More Policy Easing

China’s economy grew slightly slower than expected in the second quarter, weighed down by higher raw materials costs and new COVID-19 outbreaks. Expectations build that policymakers may have to do more to support the recovery.

Powell Tells Senate He’s “Not Concerned” With Rising Cost Of Living

Powell has made some more eye-catching comments, the first concerning keeping the public focused on "risk management".

Facebook to invest over $1 billion in content creators through end of 2022

Facebook CEO Mark Zuckerberg said Wednesday that Facebook and Instagram plan to together invest over $1 billion in creators through the end of 2022.

United Airlines Purchases 100 New Electric Planes For Regional Flights

United Airlines' move to reduce emissions has landed it with the plan to purchase 100 small electric passenger planes that will one day be used for regional flights. United has an ambitious net-zero greenhouse gas emissions goal by 2050.

Consumer prices surge by most since August 2008

Prices rose 0.9% in June.

Dems Monster $4 Trillion Pricetag To Fight Climate Change and ‘Equity’

Senate Democrats on Monday argued over their climate change and antipoverty package aides expect to be roughly $3 trillion to $4 trillion in size.

Report: Trump Org. Removes Weisselberg As CFO After Felony Tax Charges

President Trump's company is examining a shift in its financial leadership after an accusation of tax fraud was leveled against Allen Weisselberg.

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