General Motors Co Chief Executive Mary Barra said Thursday the automaker will boost capital spending over the next three years to speed development of electric vehicles, funded by expanded production of high-profit pickup trucks in North America.
Fresh signs the U.S. economic recovery may be faltering surfaced over the last week with high-frequency measures of retail traffic and jobs both ebbing amid a record-breaking surge in coronavirus cases.
The New York Times warned on Thursday its robust digital growth may not be sustainable going ahead, easing expectations after reporting a strong quarter that benefited from a news coverage storm around the COVID-19 pandemic and the U.S. election.
Global stocks rallied on Thursday while the dollar took a back seat as Joe Biden inched towards taking the White House following victories in Michigan and Wisconsin, although the Democrats looked unlikely to secure a Senate majority.
Global stocks rallied on Thursday while the dollar took a back seat as Joe Biden inched towards taking the White House following victories in Michigan and Wisconsin, although the Democrats looked unlikely to secure a Senate majority.
Twitter Inc flagged a post by President Donald Trump on Thursday that said votes received after Election Day in the United States would not be counted.
U.S. stock index futures jumped on Thursday as investors were optimistic that a potential gridlock in Washington could reduce the chance of major policy changes, although concerns remained about the risk of a contested presidential election.
Bitcoin's price rose to more than US$14,900 on Thursday, its highest level since January 2018, amid volatility caused by the U.S. election and investor hopes that more central bank stimulus to support economies hit by the COVID-19 pandemic will push up the value of digital assets.
Britain's Serious Fraud Office on Thursday confirmed https://bit.ly/3p1BIGI its investigation into Bombardier Inc over suspected bribery and corruption relating to contracts and or orders from Garuda Indonesia.
WASHINGTON: Facebook-owned WhatsApp said Thursday (Nov 5) it would introduce disappearing messages on WhatsApp, a move ramping up its challenge to rival Snapchat. The messaging service used by more than two billion people globally said it would enable people to choose whether to keep their ...
