Oil prices slid in early trade on Monday as a fast-spreading new coronavirus strain in the United Kingdom raised concerns that tighter restrictions there and in other European countries could stall a recovery in the global economy and its need for fuel.
Congressional leaders said on Sunday that lawmakers agreed to expand payroll assistance to additional struggling local news outlets as part of a US$900 billion COVID-19 relief bill.
Lockheed Martin Corp said on Sunday that it has agreed acquire U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for US$4.4 billion, including debt and net cash.
U.S. stock futures traded sideways in Asia on Monday as investors gave a cautious welcome to news a deal had been struck on a long-awaited U.S. stimulus bill, though "difficult" Brexit talks dragged on with no agreement in sight.
Elon Musk on Sunday asked about the possibility of converting "large transactions" of Tesla Inc's balance sheet into bitcoin, according to a Twitter exchange between Musk and a well-known advocate for the digital currency.
The US is failing to get a handle on public-health challenges at a time when the economy is already weakening, says Mohamed A El-Erian.
The opportunity costs in terms of incomes and jobs make joining the Comprehensive Partnership for Trans-Pacific Partnership a top priority for the US when Joe Biden takes over, say Carlos Kuriyama and Dr Cai Daolu.
The bipartisan legislative deal expected to be unveiled by U.S. lawmakers on Sunday will grant U.S. airlines US$15 billion in new payroll assistance that will allow them to return more than 32,000 furloughed workers to their payrolls through March 31, sources briefed on the matter told Reuters.
WASHINGTON: U.S. lawmakers are expected to endorse US$1.9 billion to fund a program to remove telecom network equipment that the U.S. government says pose national security risks as part of a year-end spending bill and COVID-19 bill, a source briefed on the matter said Sunday. The Federal ...
A widespread hack of U.S. government networks has "genuinely impacted" about 50 companies or organizations, the head of one of the largest U.S. cybersecurity companies said on Sunday.
