The U.S. Justice Department on Thursday asked a federal appeals court to pause a government appeal of a lower court ruling blocking restrictions that the Trump administration had imposed on Tencent's messaging app WeChat.
U.S. stocks slid on Thursday after U.S. President Joe Biden said China was poised to "eat our lunch," a warning that raised concerns for a market hovering near record highs on hopes of more stimulus, strong earnings and an improving outlook for the pandemic.
A U.S. appeals court on Thursday declined to further delay the extradition to Japan of two men charged with helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee the country.
Kraft Heinz said on Thursday (Feb 11) that it plans to sell its nuts business - including most Planters and Corn Nuts products - to Hormel Foods Corp for US$3.35 billion, sending shares up 6 per cent.
A U.S. appeals court on Thursday declined to further delay the extradition to Japan of two men charged with helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee the country.
Twitter Inc said on Thursday it will next week add labels to identify more state-affiliated accounts, including world leaders' personal accounts, to give users more context for geopolitical conversations on the platform.
Federal prosecutors and regulators are investigating whether "market manipulation or other types of misconduct" led to a meteoric rise in shares of companies such as GameStop and AMC, the Wall Street Journal reported on Thursday.
Shares of Bumble Inc, backed by Blackstone Group Inc, were set for a more than 67per cent jump in their market debut on Thursday, indicating a valuation of over US$13 billion for the operator of the dating app where women make the first move.
The U.S. Commerce Department's Census Bureau said on Thursday it will present new data next week that will show 7.8per cent of the country's workforce hold multiple jobs, a trend that has been on the rise during the past 20 years.
A political shift in the United States has unlocked an estimated US$1.38 billion jackpot for struggling pot producers who have cashed in on a surge in their shares since President Joe Biden's election in November.
