Federal and state investigators in the United States are expected to file antitrust charges against social media company Facebook Inc as soon as November, the Washington Post reported on Friday, citing four people familiar with the matter.
AstraZeneca Plc said on Friday its coronavirus vaccine deal with Oxford University will allow it to add up to 20per cent of manufacturing costs to cover additional expenses required to be incurred by the British drugmaker.
China has substantially increased purchases of U.S. farm goods and implemented 50 of 57 technical commitments aimed at lowering structural barriers to U.S. imports since the two nations signed a trade deal in January, the U.S. government said on Friday.
The US Department of Justice calls Google an "unlawful monopolist" and accuses the company of harming search users, says an observer.
Brazilian food processor BRF SA said on Friday the company has settled for US$40 million a U.S. class action suit against certain executives, according to a securities filing.
The U.S. Transportation Department said on Friday it had tentatively approved a proposed alliance agreement between Delta Air Lines and Canada's WestJet that is expected to expand travel options between the United States and Canada.
McDonald's Corp on Friday urged a U.S. judge to dismiss a lawsuit by dozens of Black former franchise owners who accused the fast-food giant of racial discrimination for selling them underperforming stores, saying it did not want them to fail and never promised success.
The Dow traded lower on Friday, while the S&P 500 and Nasdaq were little changed in choppy trading, pressured by a stalemate in negotiations on a new U.S. coronavirus aid bill as investors turned cautious ahead of the Nov. 3 presidential election.
A U.S. judge in San Francisco on Friday rejected a Justice Department request to reverse her decision blocking the government from barring Apple Inc and Alphabet Inc's Google from offering Tencent's WeChat for download in U.S. app stores.
The U.S. Treasury market still runs the risk of abrupt freezes in liquidity like the one seen in March and April, as the COVID-19 pandemic roiled the financial system, a member of the Federal Reserve Bank of New York's Market Committee said on Friday.
