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.
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.
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.
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.