WASHINGTON: The U.S. economy likely lost a staggering 22 million jobs in April, in what would be the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the novel coronavirus pandemic is battering the world's biggest economy. A report that is closely watched...
Top U.S. and Chinese trade representatives discussed their Phase 1 trade deal on Friday with China saying they agreed to improve the atmosphere for its implementation and the United States saying both sides expected obligations to be met.
Facebook Inc and YouTube, the video service of Alphabet Inc's Google, said on Thursday that they were removing a video that made medically unsubstantiated claims relating to the novel coronavirus pandemic.
California has set rules to allow state manufacturers to begin reopening on Friday from a coronavirus lockdown, Governor Gavin Newsom said, drawing an enthusiastic "Yeah!!" on Twitter from Tesla Inc Chief Executive Elon Musk.
Roku Inc said it expects 2020 ad sales to grow at a slower pace and recorded higher cancellations in the first quarter as advertisers save cash amid the COVID-19 pandemic, sending its shares down 10per cent in extended trading on Thursday.
Payments giant Fiserv Inc said Thursday that Frank Bisignano would become the company's chief executive on July 1, with long-time head Jeffery Yabuki remaining on as executive chairman until the end of the year.
SINGAPORE: Singapore Airlines said on Friday (May 8) that it would report a material operating loss in the quarter ended Mar 31 partly because of a collapse in fuel prices that led to major hedging losses and that it would push back aircraft deliveries. The airline said operating cashflows were...
The runaway success of Nintendo Co Ltd's island life simulator Animal Crossing: New Horizons has overshadowed an uncomfortable fact for fans of the Switch console - it lacks upcoming titles.
Reliance Industries Ltd said on Friday private equity firm Vista Equity Partners would invest 113.67 billion rupees (US$1.50 billion) in its Jio platforms for a 2.32per cent stake.
Asian stocks were set to track Wall Street gains on Friday, after upbeat corporate earnings took the focus off upcoming data that is expected show the worst U.S. unemployment rate in more than 70 years.
