Alphabet Inc's Google said on Thursday it plans to launch a VPN service for consumers, which would be available with certain subscription plans for its Google One cloud storage services.
President Donald Trump's campaign is touting the blockbuster Gross Domestic Product figure released Thursday morning as evidence that the U.S. economy is healing quickly, while his Democratic opponent Joe Biden is focused on the "deep hole" the economy is still in because of the pandemic.
Juul Labs Inc has cut its valuation to about US$10 billion from US$12 billion at the end of last year, according to a company memo seen by Reuters on Thursday, as the once red-hot e-cigarette maker fizzles in a tumultuous period for the industry.
The chief executive of Cenovus Energy said he is confident shareholders will approve its acquisition of rival Husky Energy, despite big quarterly losses and a stock sell-off.
A federal judge on Thursday granted a last-minute request to stop the U.S. government from turning over to Japan two Massachusetts men to face charges that they helped smuggle former Nissan Motor Co Chairman Carlos Ghosn out of the country while he was awaiting trial on financial crimes.
Apple , Facebook , Amazon and Alphabet rallied on Thursday ahead of earnings reports from the quintet of technology titans that has helped keep Wall Street in positive territory this year, despite the coronavirus pandemic.
Oil prices tumbled by more than 4per cent on Thursday, dropping to a five-month low and extending the previous day's sharp decline on the impact renewed coronavirus lockdowns could have on oil demand.
While economic growth galloped to produce the strongest three-jump month jump in U.S. history in July, August and September, more critical to the recovery now is how much of that momentum survives the possible upheaval of next week's election and the spread of coronavirus infections.
American Express said on Thursday it was investing US$1 billion to advance racial and gender equality, the latest in a line of U.S. companies pledging to promote social justice after a series of race-related protests earlier in the year.
Exxon Mobil said on Thursday it will lay off about 1,900 employees in the United States as the COVID-19 pandemic batters energy demand.
