Airbus SE was sued on Thursday in a U.S. court by shareholders accusing the plane maker of securities fraud for making false and misleading statements about its business and having disclosure shortfalls over nearly 4-1/2 years.
Airbus delivered 49 aircraft in July, up from 36 in June as it continues to recover from a slump in deliveries during this year's coronavirus lockdowns, the company said on Thursday.
Shares of Rocket Companies Inc rose 10per cent following their New York debut on Thursday, after the parent company of U.S. mortgage lender Quicken Loans sold shares to investors in its US$1.8 billion initial public offering (IPO).
U.S. retail foot traffic is slackening and growth in the number of shifts worked by hourly employees has ground to a halt, a clutch of high-frequency data showed this week, offering the latest evidence the economic recovery that appeared so promising two months ago is rapidly losing momentum.
Shares of Rocket Companies Inc rose 10per cent following their New York debut on Thursday, after the parent company of U.S. mortgage lender Quicken Loans sold shares to investors in its US$1.8 billion initial public offering (IPO).
Twitter Inc will label the accounts of state-affiliated media outlets, their senior staff and some key government officials, the company said in a blog post on Thursday.
Fashion giant H&M said on Thursday it has suspended a number of employees over the use of a racial slur relating to the name of a hat to be sold at stores of its & Other Stories brand.
Capital One Financial Corp will pay an US$80 million penalty to a U.S. bank regulator after the bank suffered a massive data breach one year ago.
Microsoft Corp is chasing a deal to buy all of TikTok's global business, including its operations in India and Europe, the Financial Times reported on Thursday, citing five people with knowledge of the talks.
Amazon.com Inc Chief Executive Officer Jeff Bezos sold shares worth US$3.1 billion in the e-commerce company in recent days, regulatory filings showed on Wednesday.
