The U.S. Small Business Administration (SBA) on Tuesday said it had approved 400,000 more pandemic relief loans worth US$35 billion and was trying to fix issues operational snags with the program raised by lenders.
After years leading the Climate Leadership Coalition, Janet Yellen has the credibility to engineer progress and guide the US to a sweet spot of growth, clean energy and adapting to climate risks, says an observer.
Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions of dollars.
Microsoft beat Wall Street estimates for Azure revenue growth on Tuesday (Jan 26), as the software giant continued to benefit from a global shift to working and learning from home.
Starbucks on Tuesday (Jan 26) reported a bigger-than-expected fall in quarterly comparable sales as the rising number of coronavirus cases in the United States kept customers at home, sending its shares 2 per cent lower in extended trading.
U.S. stocks edged up on Tuesday to push the S&P 500 to a new high as investors digested a batch of corporate profit results, including Johnson & Johnson's strong profit forecast and 3M's quarterly profit beat as the pace of earnings season picks up.
U.S. stocks edged up on Tuesday to push the S&P 500 to a new high as investors digested a batch of corporate profit results, including Johnson & Johnson's strong profit forecast and 3M's quarterly profit beat as the pace of earnings season picks up.
Booming sales at LVMH's fashion brands like Louis Vuitton, particularly in China, helped to cushion the impact of the coronavirus pandemic, which has crimped revenues at the French luxury group.
Tesla's quarterly report on Wednesday could trigger a US$7 billion options payout to Chief Executive Elon Musk, while owners of the electric car maker's soaring stock are keen to hear the company's target for 2021 deliveries.
LVMH, the world's biggest luxury company, said on Tuesday (Jan 26) that a strong pickup in Asian sales and robust online business helped contain the damage from Covid-19 in its 2020 results.
