Appliances maker Whirlpool Corp on Wednesday reported a 10.8per cent rise in third-quarter profit as stay-at-home orders boosted demand for its home appliances during the coronavirus crisis.
Chipotle Mexican Grill Inc on Wednesday reported better-than-expected quarterly comparable sales growth, boosted by a surge in online orders from consumers avoiding dining out due to the COVID-19 pandemic.
Soon after a Purdue Pharma LP affiliate pleaded guilty to misbranding its addictive opioid painkiller OxyContin in 2007, the company's Sackler family owners fretted about possible threats to their wealth.
The US economy continued to recover at a slight to modest pace through early October as consumers bought homes and increased spending, but the picture varied greatly from sector to sector, the Federal Reserve said on Wednesday.
The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world's two leading economies.
Abu Dhabi's International Petroleum Investment Co (IPIC) dropped a lawsuit against Goldman Sachs Group Inc to recover losses suffered from the U.S. investment bank's dealings with Malaysian state fund 1MDB, a court filing showed on Tuesday.
The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world's two leading economies.
A higher risk of a split U.S. Congress and a contested election is being factored into some market analysts' models after some odds on the Presidential election have shown a narrowing.
Self-driving car firm Cruise said on Wednesday it and majority shareholder General Motors Co will be seeking U.S. regulatory approval in coming months to deploy the Cruise Origin, a vehicle with no steering wheel or pedals.
Bayer's Monsanto division on Wednesday lost a final appeal in a long-running French legal battle in which the crop chemical maker has been held liable for the accidental inhalation of a weedkiller by a crop farmer.
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