American Airlines said on Tuesday it will cut 19,000 U.S. jobs in October as the COVID-19 pandemic continues to weigh on air travel, unless the government extends aid for airline employee payrolls.
Spam-maker Hormel Foods Corp on Tuesday warned that it would have a hard time meeting high demand for certain products because of supply chain, staffing and production problems brought on by the COVID-19 pandemic.
U.S. consumer confidence fell for second straight month in August as households worried about the economic outlook.
REUTERS: Alphabet Inc's life sciences division Verily on Tuesday launched a new subsidiary offering commercial insurance products, backed by reinsurer Swiss Re Group. Verily's Coefficient Insurance Company will help self-funded employers to control cost volatility in health benefit claims through ...
REUTERS: Billionaire Bill Gates is leading satellite antenna firm Kymeta’s latest funding round with a US$78 million investment, the company’s president told Reuters. Redmond, Washington-based Kymeta, which sells pizza box-sized antennas for installation on cars, trains and boats, secured US$85.2 ...
The collapsed payments company Wirecard has let go more than half of its remaining staff in Germany and terminated the contracts of its management board members, its insolvency administrator said on Tuesday.
Chinese businesses like Huawei Technologies Co pose a threat to the West, Hong Kong pro-democracy activist Nathan Law said on a visit to Italy on Tuesday, shortly before the Italian foreign minister was due to meet China's top diplomat.
More than half a million Thai users flocked to join a new Facebook group created by a critic of the powerful king after the social media company blocked its predecessor under pressure from the government.
JPMorgan is to pay US$1 billion for full ownership of its Chinese mutual fund venture, a statement on the Shanghai United Asset and Equity Exchange said on Tuesday, a price tag that analysts said was expensive.
Best Buy Co Inc beat quarterly same-store sales estimates on Tuesday as online demand for computers and other electronic accessories needed to work from home surged for a second straight quarter.
