The region was ripe for airline consolidation even before COVID-19 but this crisis is not about to open the floodgates, says Brendan Sobie
The Federal Trade Commission and a bipartisan group of dozens of state attorneys general are in the final stages of filing one or more major antitrust complaints against Facebook Inc in early December, according to four sources familiar with the situation.
Verizon Media, a unit of Verizon Communications Inc , said on Thursday it would sell its news website HuffPost to BuzzFeed, in a deal that will make it a minority shareholder in the online media firm.
Treasury Secretary Steven Mnuchin on Thursday asked the Federal Reserve to return more than US$400 billion in unused funds from the massive March pandemic relief package so that Congress can reappropriate it to deliver economic stimulus.
U.S. President-elect Joe Biden on Thursday said he supports the way the Federal Reserve has managed interest rate policy and that he has selected a person to run the Treasury Department.
The most intense US coronavirus outbreak yet appears to have slowed hiring and may have begun to drag on retail spending on the cusp of the holiday shopping season, even as overall economic activity proves more resilient than in the spring.
Amazon said on Thursday (Nov 19) it would postpone its "Black Friday" discount shopping sales in France to Dec 4, joining other retailers in delaying the event amid a nationwide lockdown slated to last until Dec 1.
Verizon Media, a unit of Verizon Communications Inc , said on Thursday it would sell its news website HuffPost to BuzzFeed, in a deal that will make it a minority shareholder in the online media firm.
Tyson Foods Inc said on Thursday it suspended employees without pay and hired former U.S. Attorney General Eric Holder to conduct an investigation in response to a wrongful death lawsuit that alleges managers at an Iowa pork plant took bets on how many employees would catch COVID-19.
Apple Inc and Verizon Communications on Thursday announced a program in which Verizon will subsidize the replacement of corporate customers' entire fleet of smartphones with any of Apple's iPhone 12 models.
