Marco Rubio, the first senator to call on the administration to investigate TikTok, said in the letter to President Donald Trump that "serious questions" remained about Oracle's role, the technology it would provide to Bytedance, and the future of the application's algorithm.
Options investors are positioning for rising Treasury yields, as improving data and rising hopes for a COVID-19 vaccine fuel bets on U.S. economic growth.
Twitter Inc on Wednesday labeled a video shared by U.S. President Donald Trump of Democratic presidential rival Joe Biden as "manipulated media."
U.S. single-family homebuilder confidence increased to a record high in September as historically low mortgage rates continue to boost the housing market despite the COVID-19 recession, which has left tens of millions of Americans unemployed.
The U.S. Senate Commerce Committee has postponed consideration of a bill to overhaul how the Federal Aviation Administration certifies new airplanes in the wake of two fatal Boeing 737 MAX crashes, a spokesman for Democrats on the panel confirmed.
Canada's annual inflation rate remained at 0.1per cent in August as rising food prices were offset by declining gasoline costs, Statistics Canada said on Wednesday. Analysts in a Reuters poll had forecast the rate would remain at 0.1per cent, far below the Bank of Canada's 2per cent target.
Ferrari presented the Portofino M, a modified version of its top-selling Portofino gran tourer, on Wednesday, continuing a rapid rollout of new models despite the coronavirus pandemic.
The Chinese division of UK-based chip designer Arm Ltd has been sued by an investor over its board's attempt to oust the unit's chief executive, escalating an internal dispute at a time when the tech group is on the verge of being taken over in a US$40 billion deal....
United Airlines said on Wednesday it would add an antimicrobial coating to the airline's safety and cleaning procedures to protect against the novel coronavirus.
An obscure Hong Kong-registered company stands at the center of the U.S. criminal case against China's Huawei Technologies and its chief financial officer.
