Wall Street opened lower on Thursday as a surprise increase in weekly jobless claims signaled that a labor market recovery was cooling and that more fiscal support would be necessary to avoid another round of mass layoffs and furloughs.
Airbus is set to reaffirm its main aircraft production rates, despite warnings that the coronavirus crisis will be deeper and longer than first expected, industry sources told Reuters on Thursday.
Alphabet Inc's YouTube would start showing text and links from third-party fact-checkers under videos that discuss mail-in ballots, as part of efforts to curb misinformation on the site ahead of the U.S. election in November.
The chairman of the U.S. Securities and Exchange Commission on Thursday said special purpose acquisition companies (SPACS) offer "healthy competition" to traditional public offerings, but only when sponsors and investors have access to adequate disclosures.
President Donald Trump, looking to shore up support in the U.S. Farm Belt during a tight race for re-election, is taking steps to help producers of corn-based ethanol using a list of policy goals that a group of Midwest senators discussed with him a year ago, according to two...
Wall Street opened lower on Thursday as a surprise increase in weekly jobless claims signaled that a labor market recovery was cooling and that more fiscal support would be necessary to avoid another round of mass layoffs and furloughs.
Samsung Electronics has signed up Verizon as its first customer in the United States for its 5G products to increase indoor coverage, weeks after winning a US$6.64 billion order for telecom equipment from the mobile network operator.
AMC Entertainment Holdings Inc said on Thursday it has reached a deal with some banks to sell up to 15 mln shares to raise capital as the movie theater operator reels under the impact of the COVID-19 pandemic.
AMC Entertainment Holdings Inc said on Thursday it has reached a deal with some banks to sell up to 15 mln shares to raise capital as the movie theater operator reels under the impact of the COVID-19 pandemic.
U.S. motorcycle maker Harley-Davidson said on Thursday it expects to report US$75 million in additional restructuring costs for 2020 related to actions including discontinuing its sales and manufacturing operations in India.
