Playboy magazine owner Playboy Enterprises is exploring options that include going public through a merger with a blank-check acquisition company, according to people familiar with the matter.
Major U.S. stock indexes were down more than 1per cent in afternoon trading as technology shares sold off again and investors kept worrying about rising coronavirus cases.
U.S. consumer sentiment increased in early September, with Democrats growing more upbeat about the economy's outlook ahead of the Nov. 3 presidential election while Republicans' optimism waned slightly.
U.S. Senator Richard Blumenthal on Friday called on AT&T Inc to stop pursuing plans to offer cellphone plans partially subsidized by advertising that he said would undermine consumer privacy.
Playboy magazine owner Playboy Enterprises is exploring options that include going public through a merger with a blank-check acquisition company, according to people familiar with the matter.
The U.S. Justice Department said on Friday six people have been indicted by a grand jury in Washington state with conspiring to pay commercial bribes to employees and contractors of Amazon.com Inc.
House of Representatives Speaker Nancy Pelosi will speak on Friday afternoon with the chief executives of top U.S. airlines, who are urging Congress to approve another US$25 billion in assistance to keep tens of thousands of U.S. workers on the payroll past Sept. 30, sources said.
The European Investment Bank (EIB) has increased to almost 800 million euros (US$949 million) its funding to Fiat Chrysler Automobiles (FCA) to support production of electric and hybrid vehicles, they said in a joint statement.
A U.S. judge in California declined to block the Commerce Department order issued Friday that will prohibit U.S. app stores from offering Tencent Holding's WeChat for download starting late Sunday.
SINGAPORE: When flight attendant Lin* heard the news that more than 4,000 positions were to be cut in the Singapore Airlines (SIA) Group, her heart sank. While she and her colleagues had been expecting the news for some time, with airlines struggling amid the COVID-19 pandemic, it still came...
