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.
Commerzbank has launched an external search for its chief executive, a person with direct knowledge of the matter said on Wednesday, as a leadership vacuum at the German lender continues.
Wells Fargo & Co agreed to pay US$2.1 million in fines and restitution to settle charges it failed to properly supervise brokers' recommendations that customers sell variable annuities and use proceeds to buy other investments, the Financial Industry Regulatory Authority said on Wednesday.
Mercedes-Benz engineers are striving to meet every definition of comfort in the new S-Class sedan as they try to steal a march on rival Tesla, which wowed audiences with its "fart mode."
Macy's Inc reported better-than-expected quarterly sales on Wednesday, as shoppers stuck indoors due to the COVID-19 pandemic bought more apparel using the department store chain's app and website.
Oracle Corp's long-running legal challenge to how the Pentagon set up its US$10 billion JEDI cloud computing contract has been rejected by a U.S. appeals court.
An Indian parliamentary panel on information technology will summon Facebook Inc executives again as issues regarding the social media giant's content regulations policies could not be settled on Wednesday, the panel's chief said.
BANGKOK: A selloff in the Thai baht, underperforming stocks and pressure on the bond market reflect growing concern from global investors over political instability and the growth outlook in Southeast Asia's second-biggest economy, analysts and fund managers say. Thailand suffered its deepest ...
S&P 500 futures rose on Wednesday for the ninth time in past ten sessions helped by a rally in tech stocks, as focus turns to economic data that is likely to show a jump in private jobs in August.
