Bank Of America Corp said on Wednesday it recognized a pretax impairment charge of about US$2.1 billion for the quarter ending September 2019 related to a merchant services joint venture. (https://bit.ly/2kjN5xh)
The U.S. Justice Department on Wednesday filed a lawsuit aimed at stopping Novelis Inc's proposed US$2.6 billion purchase of Aleris Corp because of concern over higher prices for aluminum sheet used to make cars.
Slack Technologies Inc , the workplace messaging and communication platform, posted a huge loss in its first quarter as a public company as it spent heavily on sales and marketing to boost engagement on its platform and retain users.
A federal judge reviewing a Justice Department decision to allow U.S. pharmacy chain and benefits manager CVS Health Corp to merge with insurer Aetna said on Wednesday that the agreement was legal under antitrust law.
NEW YORK: Bangkok ranked first in 2018 for the fourth straight year as the city with the most international visitors, according to an annual report by Mastercard released on Wednesday (Sep 4). With almost 23 million international visitors last year, the Thai capital outpaced both Paris and London ......
EU regulators are examining Facebook's proposed Libra cryptocurrency to see if it harms competition, Europe's antitrust regulator said on Wednesday, the latest watchdog to voice concerns about the social network's move into financial services.
The U.S. economy grew at a modest pace in recent weeks, with manufacturing buffeted by a global slowdown while consumer purchases gave mixed signals on the strength of household spending, the Federal Reserve reported on Wednesday.
The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc's Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California.
With just two weeks to go before their next policy-setting meeting, leading Federal Reserve officials are describing the U.S. economy and what they should do about it in subtly different ways, hints that a robust debate about whether and how much to cut interest rates is underway.
The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc's Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California.
