The head of the U.S. Securities and Exchange Commission (SEC) said on Thursday that the agency has brought 700 enforcement actions in the 2020 fiscal year, a 'significant' amount after March 15.
Wall Street's main indexes were set to rise for a second straight day on Thursday as bets of a piecemeal fiscal stimulus deal lifted sentiment, while data on weekly jobless claims showed the labor market recovery continued to sputter.
Carnival Corp on Thursday reported a loss of US$2.86 billion for the third quarter and said it expected another quarter of losses as a majority of the cruise operator's voyages have been halted due to the COVID-19 pandemic.
Major advertisers including Procter & Gamble, Danone and Chipotle Mexican Grill are committed to spending on TikTok even as the hot Chinese-owned video sharing platform faces a possible ban in the U.S. after the government accused it of being a national security risk.
The number of Americans filing new claims for jobless benefits drifted lower last week, signaling the U.S. labor market is making little fresh headway in getting millions of people back on the job after being out of work due to COVID-19 disruptions.
AMC Entertainment Holdings Inc , the largest theater chain in the United States, said on Thursday it expects to open more locations in Washington state and have more than 520 theaters open in the country by mid-October.
International Business Machines Corp is splitting itself into two public companies, capping a years-long effort by the world's first big computing firm to diversify away from its legacy businesses to focus on high-margin cloud computing.
Ant Group's US$35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial technology giant due to its very limited overseas presence, potential investors and analysts said.
