American Airlines and Southwest Airlines signaled on Thursday that they would continue to hemorrhage cash into next year as revenues hover around a third of 2019's levels due to a collapse in demand from the coronavirus.
Shares of McAfee Corp fell 7per cent in their market debut on Thursday, marking a disappointing opening for the cyber security firm after it raised about US$620 million in its initial public offering.
The number of Americans filing new claims for unemployment benefits fell more than expected last week, but remained very high as the labor market recovery shows signs of strain amid a relentless COVID-19 pandemic and ebbing fiscal stimulus.
PayPal Holdings Inc's decision to open its network to bitcoin and its rivals was hailed by virtual coin enthusiasts as a watershed moment for cryptocurrencies and their path towards becoming a widespread means of payment.
PayPal Holdings Inc's decision to open its network to bitcoin and its rivals was hailed by virtual coin enthusiasts as a watershed moment for cryptocurrencies and their path towards becoming a widespread means of payment.
Shares of McAfee Corp fell 7per cent in their market debut on Thursday, marking a disappointing opening for the cyber security firm after it raised about US$620 million in its initial public offering.
South Korea's antitrust chief said on Thursday the agency believes U.S. search engine giant Google has undermined competition, adding that the agency plans to present a case to its review committee this year.
HONG KONG: Hong Kong's markets watchdog on Thursday (Oct 22) fined Goldman Sachs's Asian business US$350 million for its role in Malaysia's multibillion-dollar 1MDB scandal, the largest single fine ever levied by the regulator in the Asian financial hub. The Securities and Futures Commission (SFC) ...
Facebook Inc's Oversight Board, which can overrule the company's decisions on whether pieces of content should have been removed, said on Thursday it was now accepting cases for review.
Coca-Cola Co beat quarterly revenue expectations on Thursday as the world's largest soda maker benefited from the partial reopening of theaters and restaurants, which have remained shut for months due to the COVID-19 pandemic.
