The number of Americans filing new claims for unemployment benefits fell more than expected last week, but remained extraordinarily high amid signs that the labor market recovery was losing steam as the COVID-19 pandemic continues and government support lapses.
General Motors and Japan's Honda Motor Co have signed a memorandum of understanding to form a North American automotive alliance, the U.S. automaker said on Thursday.
A radical bid to revive air travel demand by permanently sacrificing billions of dollars in fees to change tickets has left U.S. airlines isolated, as foreign rivals fear the tactic would undermine the higher fares paid by premium travellers.
Grindr said on Thursday it was deeply disappointed by Pakistan's decision this week to block it and four other dating apps including Tinder after they were deemed to be disseminating "immoral content".
Campbell Soup Co forecast current-quarter sales largely above market estimates after posting better-than-expected quarterly results on Thursday, boosted by higher demand for its Prego pasta sauces and Goldfish crackers.
Costa Coffee, a unit of Coca-Cola Co , said on Thursday a plan to streamline its UK in-store structure in response to the coronavirus pandemic will put nearly 1,650 jobs at risk.
COLOMBO: A fire that broke out on a fully loaded supertanker off the east coast of Sri Lanka has been brought under control, spokesmen for the navy of the Indian Ocean nation said on Thursday (Sep 3), adding that one of its 23 crew was missing and another injured....
Facebook Inc said on Thursday it would stop accepting new political ads in the week before the U.S. presidential election in November, bowing to concern that its loose approach to free speech could once again be exploited to interfere with the vote.
QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG , said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with an enterprise value of US$3.3 billion.
Members of hugely popular South Korean K-Pop band BTS are expected to become multimillionaire shareholders after receiving shares in their label, Big Hit Entertainment, as it prepares an initial public offering (IPO) that could raise up to 962.6 billion won (US$811 million).
