Markets

REUTERS: Electric passenger aircraft developer Joby Aero Inc is exploring a deal to go public through a merger with a blank-check acquisition firm at a valuation of around US$5 billion, according to people familiar with the matter. Joby has hired investment banks to solicit interest from so ...

Some of former President Donald Trump's most high profile hospitality assets took a revenue hit last year as COVID lockdowns hurt business, according to a financial disclosure filed on Wednesday, his final day in office.

The number of Americans filing new applications for unemployment benefits decreased modestly last week as the COVID-19 pandemic tears through the nation, raising the risk that the economy shed jobs for a second straight month in January.

TC Energy Corp will eliminate more than 1,000 construction jobs in coming weeks and halt work on the Keystone XL oil pipeline after U.S. President Joe Biden revoked the project's presidential permit, the company said in an email to employees.

Georgetown University academic Chris Brummer has emerged as the leading candidate to chair the Commodity Futures Trading Commission (CFTC), according to three people with knowledge of the discussions.

The federal judge who is hearing both the U.S. Justice Department and state antitrust cases against Google said on Thursday that he wanted the states to begin turning documents over to the search and advertising giant on Feb. 4 as part of preparation for trial.

The U.S. Environmental Protection Agency awarded Sinclair Oil Corporation waivers that exempt both its refineries in Wyoming from biofuel blending requirements for the 2019 compliance year, two sources familiar with the matter said, making it the only company to have received exemptions for that ...

Airbus has slowed a planned ramping up of production of its A320 aircraft family, the European planemaker said on Thursday, as the coronavirus crisis drags on and takes an increasing toll on its airline clients.

Facebook Inc said on Thursday it was referring its decision to indefinitely suspend the accounts of former U.S. President Donald Trump to its independent oversight board.

The House Oversight and Reform Committee on Thursday asked the FBI to conduct a comprehensive investigation into the role that Parler, a social media website and app popular with the American far right, played in the violence at the U.S. Capitol.