U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the growing frugality reinforced expectations the economy could take years to recover from the COVID-19 pandemic.
REUTERS: Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that a U.S. national security panel approved the US$620 million sale of popular gay dating app Grindr to an investor group called San Vicente Acquisition LLC. The panel, the Committee on Foreign Investment in the United ......
Wells Fargo & Co appointed Kevin Reen as chief risk officer (CRO) for its consumer lending arm and Bill Juliano to lead its operational risk management team as it revealed a new organizational structure to provide risk oversight.
Twitter Inc, Reddit and a group representing major internet firms backed two documentary film groups that have challenged the Trump Administration's 2019 rules requiring nearly all U.S. visitors to disclose social media user information from the prior five years.
Wall Street's main indexes fell on Friday as investors were on edge ahead of a U.S. response to China's national security law on Hong Kong that threatens to take the shine off another month of strong gains for the stock market.
Ryanair's Austrian carrier Lauda said on Friday it was closing down its Vienna base after failing to reach an agreement with unions on pay, and had already relocated many of its 15 planes to other bases.
U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the growing frugality reinforced expectations the economy could take years to recover from the COVID-19 pandemic.
U.S. stock futures dropped on Friday as investors braced for President Donald Trump's response to China's national security legislation for Hong Kong, threatening to take the shine off another month of strong gains for Wall Street.
Aircraft makers are circling Brazil's Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with the matter said.
OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey found, although Nigeria and Iraq are laggards in making their share of the reduction.
