The number of Americans filing new claims for unemployment benefits fell less than expected last week and applications for the prior period were revised up, suggesting the labor market recovery had shifted into low gear amid fading fiscal stimulus.
A board member for Nikola Corp who helped the company go public earlier this year said on Thursday his firm was comfortable with the due diligence performed on the startup that has been called a "fraud" by a short seller.
Facebook Inc will no longer show health groups in its recommendations, the social media giant announced on Thursday, saying it was crucial that people get health information from "authoritative sources."
New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients.
US investors, including Oracle Corp, are set to hold at least a 60 per cent stake in TikTok, a person briefed on the matter told Reuters.
TikTok, already under scrutiny over its Chinese ownership and threatened with a possible ban by U.S. President Donald Trump, is facing another major challenge: how to handle content around its first U.S. presidential election.
New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to elderly patients.
Ford Motor Co said on Thursday it has begun production of the new generation F-150 pickup truck at its Dearborn, Michigan, facility, and expects the redesigned model to go on sale in November.
White House Chief of Staff Mark Meadows met with major airline chief executives on Thursday as the industry braces for thousands of job cuts in two weeks, and urged lawmakers to embrace a US$1.5 trillion coronavirus aid package proposed by a bipartisan congressional group and endorsed by President ......
LVMH said on Thursday it had asked a U.S. court to reject a request by U.S. jeweller Tiffany , which is seeking to fast-track legal proceedings over its troubled US$16 billion acquisition by the French luxury group.
