PayPal Holdings Inc is not likely to buy cryptocurrencies such as bitcoin, the payments processor's Chief Financial Officer John Rainey told CNBC on Thursday.
A U.S. House committee on Thursday approved a proposal to give airlines another US$14 billion in payroll assistance as part of a broader COVID-19 relief package that is working its way through Congress.
Walt Disney Co swung to a surprise quarterly profit on Thursday, as "The Mandalorian" and "Soul" lifted its fast-growing streaming business, outweighing pandemic worries about its hobbled theme park operations.
Indorama Ventures PCL is pushing the United Steelworkers (USW) local union representing about 300 workers at its Port Neches, Texas, petrochemical plant to agree to job cuts, said sources familiar with the matter.
The European Union on Thursday acknowledged a move by the new U.S. government to refrain from imposing additional tariffs on EU goods in a long-running dispute over aircraft tariffs, and said it was ready to work to resolve trade disputes.
With the coronavirus far from tamed, populism rife, global debt at record levels, and policy normalisation likely to be uneven, the situation remains precarious, says Kenneth Rogoff.
Walt Disney reported a smaller-than-expected drop in first-quarter revenue on Thursday, as its fast-growing streaming business helped offset some impact from the COVID-19 pandemic on its theme park and movie studio businesses.
The US Commerce Department's Census Bureau said on Thursday it will present new data next week that will show 7.8 per cent of the country's workforce hold multiple jobs, a trend that has been on the rise during the past 20 years.
The U.S. Justice Department on Thursday asked a federal appeals court to pause a government appeal of a lower court ruling blocking restrictions that the Trump administration had imposed on Tencent's messaging app WeChat.
