SAN FRANCISCO: A group of U.S. lawmakers preparing to fight a legislative attack on encrypted communications is trying to establish what happened when encryption was subverted at a Silicon Valley maker of networking gear. Democrat Ron Wyden, who sits on the Senate Intelligence Committee, said the ...
U.S. airlines carried 3 million passengers in April, a staggering 96per cent decline amid the coronavirus pandemic and flight restrictions, the Transportation Department said Wednesday.
Lawyers bringing a case before the World Court accusing Myanmar of genocide against its Rohingya Muslim minority have asked a U.S. district court to order Facebook to release posts and communications of Myanmar military and police.
American Airlines Chief Executive Doug Parker said on Wednesday that he expects a daily cash burn of about US$40 million in June, down from a previous forecast of US$50 million per day, thanks to cost-savings measures to address the coronavirus pandemic.
Goldman Sachs Group Inc said on Wednesday it had launched a US$10 million fund to support the work of organizations addressing racial injustice, structural inequity and economic disparity.
Britain's competition regulator has given itself two more months to make a final ruling on Amazon's purchase of a minority stake in online delivery group Deliveroo so it can take full account of representations from all interested parties.
Volkswagen on Wednesday said its "first edition" ID.3 electric car will go on sale for under 40,000 euros (US$45,484.00) next week, with deliveries due from September, as the German carmaker embarks on a mass production push for zero-emission cars.
Johnson & Johnson said on Wednesday it would start human trials of its potential COVID-19 vaccine in the second half of July.
Starbucks Corp said on Wednesday it expected current-quarter operating income to plunge by up to US$2.2 billion, with sales declines for the rest of the year even as stores reopen following easing of coronavirus lockdowns.
PARIS: Their fleets grounded for months owing to the coronavirus, airlines have sought with varying degrees of success state assistance to avoid going under altogether. But ahead of a return to normal service many carriers are weighed down by debt as they seek to take wing when mass demand...
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