US homebuilding increased more than expected in October, suggesting the housing market continues to be sustained by historically low mortgage rates even as the economic recovery shows signs of strain amid a resurgence in new COVID-19 infections.
Canada on Wednesday identified state-sponsored programs in China, Russia, Iran and North Korea as major cyber crime threats for the first time, and said it feared foreign actors could try to disrupt power supplies.
German chipmaker Infineon Technologies is relatively well insulated from geopolitical tensions between the United States and China thanks to its focus on power-management chips, CEO Reinhard Ploss said on Wednesday.
Alphabet Inc's Google on Wednesday relaunched its U.S. payments app, introducing paid promotions to the service and opening a waitlist for bank accounts being launched next year with Citigroup Inc and 10 other institutions.
U.S. President-elect Joe Biden has an opportunity to start fresh with China, a move that would benefit both nations, Maurice "Hank" Greenberg, chairman of Starr Insurance Companies, told Reuters on Wednesday.
With bitcoin surging to the cusp of its 2017 all-time high, backers are hoping fewer frenzied retail investors means less chance of a crash this time around.
Before William Barr became President Donald Trump’s choice to lead the U.S. Department of Justice, he represented Caterpillar Inc, a Fortune 100 company, in a federal criminal investigation by the department.
A lawyer representing Alphabet Inc's Google in the search and advertising giant's legal fight with the government pressed on Wednesday for a faster release of documents used to write the complaint against the company.
Apple Inc will pay US$113 million (£85 million) to settle allegations from 33 U.S. states and the District of Columbia that it slowed down iPhones to mask battery issues and get users to purchase new devices, state officials announced on Wednesday.
President Donald Trump plans to represent the United States at a virtual Asia-Pacific summit this week in which his Chinese counterpart President Xi Jinping also plans to participate, a US official told Reuters.
