The Federal Communications Commission (FCC) on Tuesday voted unanimously to propose a record-setting US$225 million fine against Texas-based health insurance telemarketers for allegedly making approximately 1 billion illegally spoofed robocalls.
REUTERS: Shares of online used car seller Vroom Inc soared nearly 83per cent in their market debut on Tuesday, as the U.S. IPO market roars back to life after the coronavirus crisis slammed the brakes on new listings. Shares opened at US$40.25, giving the company a market value of...
The U.S. Federal Communications Commission voted on Tuesday to adopt auction procedures to provide up to US$16 billion to areas that lack broadband service, including nearly six million unserved rural homes and businesses.
DUBAI: Emirates, one of the world's biggest long-haul airlines, laid off hundreds of pilots and thousands of cabin crew on Tuesday (Jun 9) as it manages a cash crunch caused by the coronavirus pandemic, and more job cuts are planned, five company sources said. Aviation is one of the...
Layoffs in the United States fell in April, but remained the second highest on record, while job openings dropped, suggesting the labor market could take years to recover from the COVID-19 crisis despite a surprise rebound in employment in May.
Goldman Sachs is closing its easy access savings business to new customers in Britain from Wednesday, after deposits surged to near regulatory limits during the coronavirus lockdown.
WARSAW: Poland has released its latest version of a smartphone application to help to track coronavirus outbreaks, which has been adapted to address concerns about privacy, the country's digital minister said on Tuesday. Dozens of countries have launched or plan contact tracing apps using either ...
U.S. luxury jeweler Tiffany & Co , which is being bought by France's LVMH for US$16 billion, said on Tuesday it had amended some of its debt agreements to gain more financial leeway amid the coronavirus pandemic after its quarterly sales sank 44per cent.
PARIS: International airlines are in line to make a combined net loss of more than US$84 billion this year in the wake of the coronavirus crisis which has decimated air travel, the International Air Transport Association said on Tuesday (Jun 9). "Financially, 2020 will go down as the worst year...
BERLIN: The German government said on Tuesday it would commit millions of euros in funding to electronics research and development, as part of a wider effort to reduce its reliance on imports of equipment used in its critical infrastructure. Berlin has resisted U.S. calls to exclude Chinese ...
