Boeing Co said on Thursday it will move the rest of its 787 Dreamliner production to South Carolina in 2021, a cost-cutting strategy that raises questions over the future its giant Everett plant north of Seattle.
U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin were expected to try again on Thursday to reach a deal on COVID-19 relief, while the House of Representatives stood ready for a second day to move a Democratic bill if talks fail.
Average drive-thru times at major fast food chains got 29.8 seconds slower in 2020, a survey showed on Thursday, dragged by increased safety protocols and staff turnover during the coronavirus pandemic.
The U.S. Senate Commerce Committee on Thursday unanimously voted to approve a plan to subpoena chief executives of Twitter , Alphabet's Google and Facebook for a hearing likely to be held before the election on a prized legal immunity enjoyed by internet companies.
Beyond Meat said on Thursday it has rolled out its plant-based meat burger in 372 Sainsbury stores and 41 Gourmet Burger Kitchen restaurants, in a move to boost its presence in the United Kingdom.
Noble Energy Inc shareholders on Friday are expected to approve its sale to Chevron for about US$4.2 billion in stock, cementing the first big energy deal since the coronavirus crushed global fuel demand.
Unemployment marches higher in Europe as pandemic grinds on
Facebook on Thursday announced a global alliance with Deloitte to help companies to use the social media group's Workplace tool to meet the challenges of remote working.
As big U.S. commercial banks close their books on the third quarter, analysts expect them to report a 30per cent to 60per cent plunge in profits on the year-ago period due to the pandemic-induced recession and near record low interest rates.
Shares of U.S. airlines rose on Thursday, buoyed by hopes for a second bailout after the Trump administration proposed including a US$20 billion extension in aid for the battered industry in a new stimulus plan.
