WASHINGTON: The number of passengers screened in a single day for flights in the United States topped 1 million for the first time since COVID-19 infections began to spike last March. The notable milestone, reached Sunday (Oct 18), signifies the progress made since the darkest days of pandemic for...
Intel Corp has agreed to sell its NAND memory chip business to SK Hynix Inc for US$9 billion in an all-cash deal that would propel the South Korean chipmaker to second in the global rankings.
Asian stocks came under pressure on Tuesday as a deadline for U.S. lawmakers to pass an economic stimulus bill approached and record daily coronavirus infections in Europe ignited concerns about more severe lockdowns.
Tesla Inc's vehicle registrations in the U.S. state of California dropped 13per cent in the third quarter compared with last year, according to data from Cross-Sell https://www.cross-sell.com, a research firm that collates title and registration data.
Activist investor Starboard Value boosted its stake in ACI Worldwide Inc to 9per cent, according to a regulatory filing made on Monday that helped push the payment systems company's stock up more than 3per cent in afterhours trading.
With private sector confidence depleted and the struggle to contain the virus far from over, the risks of long-lasting economic scarring are on the rise, says an observer.
With sales down and unemployment on the rise, individuals and businesses are turning to loans. Outside of banks, some companies have also stepped up to offer loans to their customers or merchants. Money Mind explores why these companies are willing to take on the risks.
Demand for green bonds is expected to continue gaining in traction albeit a dip during the COVID-19 pandemic, as companies place more emphasis on responsible investing and the environment. Money Mind reports.
General Motors Co is expected to announce on Tuesday significant investments to expand production of electric vehicles at a factory in Spring Hill, Tennessee and potentially other sites.
International Business Machines Corp edged past Wall Street estimates for quarterly revenue on Monday, bolstered by higher demand for its cloud computing services from companies speeding up their digital shift due to the coronavirus pandemic.
