A plan by the Securities and Exchange Commission (SEC) to lift the reporting threshold for a minimum of assets under management from US$100 million to US$3.5 billion has been soundly rejected by the public, according to Goldman Sachs.
Technology companies led by their founders have been the standout winners in share price performance and profit growth this year, beating companies led by other managers, according to a Reuters analysis.
In any development of a cross-border digital currency, it is more important for the United States "to get it right than be first," U.S. Federal Reserve Chair Jerome Powell said on Monday.
U.S. electric vehicle maker Tesla Inc said on Monday it would export China-made Model 3 cars to more than 10 European countries this month.
AMC Entertainment Holdings , the largest U.S. theater chain, said on Monday it expects to reopen about a dozen locations in New York state starting Oct. 23 and plans to have more than 530 theaters open in the country by the end of the month.
Struggling to get a phone signal at home on planet Earth? Perhaps you'll have better luck on the moon.
Pakistan has decided to lift a ban on popular social media app TikTok after the company vowed to block all accounts involved in spreading "obscenity and immorality", the country's telecom authority said in a tweet on Monday.
ConocoPhillips said on Monday it would buy Permian-focused driller Concho Resources Inc for US$9.7 billion, the largest shale deal this year as oil and gas producers turn to consolidation to survive slowdown in oil prices and demand.
World stocks inched higher and the dollar slipped on Monday as rising hopes of a coronavirus vaccine by the end of the year and a U.S. fiscal package before elections offset concern over record daily infections in Europe.
REUTERS: U.S. pharmacy chain CVS Health Corp on Monday said it will hire 15,000 employees in the fourth quarter of this year as the onset of winter could fuel a resurgence in the spread of COVID-19 and flu cases. More than 10,000 of the additional employees will be full-...
