US private employers hired fewer workers than expected for a second straight month in August, suggesting that the labour market recovery was slowing as the COVID-19 pandemic persists and government money to support workers and employers dries up.
US businesses saw a modest increase in activity and employment generally increased through late August, a Federal Reserve report showed on Wednesday, but economic growth remained sluggish in some parts of the country.
A group representing major internet companies including Facebook Inc , Amazon.com Inc and Alphabet Inc's Google on Wednesday urged the Federal Communications Commission (FCC) to reject a Trump administration bid to narrow the ability of social media companies to remove objectionable content.
Billionaire investor William Ackman has approached short-term home rental company Airbnb Inc about going public through a reverse merger with his blank-check company, according to people familiar with the matter.
U.S. businesses saw a modest increase in activity and employment generally increased through late August, a Federal Reserve report showed on Wednesday, but economic growth remained sluggish in some parts of the country.
Intel Corp on Wednesday unveiled "Tiger Lake," the 11th generation version of its flagship chip for laptops.
Tesla Inc shares fell as much as 15per cent on Wednesday, extending previous session's losses after the electric-car maker announced a US$5 billion stock offering that was aimed at cashing in on Wall Street's heightened interest.
TikTok's prospective buyers are discussing four ways to structure an acquisition from its Chinese owner ByteDance, which include buying its US operations without key software, after Beijing stalled a deal which could be worth US$30 billion, sources said.
TikTok's prospective buyers are discussing four ways to structure an acquisition from its Chinese owner ByteDance, which include buying its U.S. operations without key software, after Beijing stalled a deal which could be worth US$30 billion, sources said.
United Airlines said on Wednesday it is preparing to furlough 16,370 workers on Oct. 1 as the coronavirus pandemic continues to devastate the airline industry.
