China is ramping up its scrutiny of the practice of community group buying, summoning some of the nation's largest tech companies for discussions as part of an anti-monopoly push.
WASHINGTON :The number of Americans filing first-time claims for unemployment benefits unexpectedly fell last week, though remaining elevated as more businesses face restrictions and consumers hunker down amid an explosion of new COVID-19 cases.
U.S. stock index futures rose slightly on Wednesday as investors appeared to have shrugged off President Donald Trump's threat to not sign a COVID-19 stimulus bill, while also waiting for a reading on weekly jobless claims and consumer spending data.
New orders for key U.S.-made capital goods increased for a seventh straight month in November, suggesting business investment could offset slowing consumer spending and keep the economy on a moderate growth path in the fourth quarter.
When Carlos Ghosn arrived at Nissan in 1999, suppliers took the brunt of cost-cutting that helped revive the automaker. Two decades later, his successors are trying for another turnaround without the ability to pressure parts makers.
The number of Americans filing first-time claims for unemployment benefits unexpectedly fell last week, though remaining elevated as more businesses face restrictions and consumers hunker down amid an explosion of new COVID-19 cases.
Chinese vaccine maker Sinovac Biotech Ltd's shareholder 1Globe Capital LLC said on Wednesday it had settled with the U.S. Securities and Exchange Commission an investigation into its regulatory disclosure compliance.
Merck & Co said on Wednesday it will supply about 60,000-100,000 doses of its COVID-19 treatment to the U.S. government for up to about US$356 million.
Pfizer Inc will supply the United States with 100 million additional doses of its COVID-19 vaccine by July next year, the U.S. drugmaker said on Wednesday.
