The filing of an IPO for TikTok Global, in which Oracle Corp would also own a stake, would be on a U.S. stock exchange and could come in about a year, the sources said, requesting anonymity because the matter is confidential.
The USĀ Federal Aviation Administration's proposed changes to the Boeing Co 737 MAX fail to fix structural flaws on the jet that suffered two fatal crashes, victims' families said on Thursday, urging additional steps including a full aerodynamic review.
In a week when leading forecasters boosted their view of the U.S. economic recovery, data on retail store traffic, small business hiring and other high-frequency indicators largely worsened, signaling a potential decoupling in which growth presses ahead while the job market slows to a painful crawl.
Goldman Sachs ranked as the top adviser to companies targeted by activist investors during the first half of 2020 while Morgan Stanley dropped into fourth position as the coronavirus weighed on corporations, new Refinitiv data show.
U.S. Senator Elizabeth Warren on Thursday blasted U.S. business leaders, including JPMorgan Chase & Co's Jamie Dimon and Walmart's Doug McMillon, for falling short on a "splashy" promise to look beyond profits when running their businesses.
The way Federal Reserve Chair Jerome Powell sees it, the U.S. labor market has a long way to go to meet the central bank's maximum employment goal and a lot of boxes to tick along the way.
A former JPMorgan Chase & Co foreign exchange trader was sentenced on Thursday to eight months in prison, following his Nov. 2019 conviction for conspiring with traders at other banks to rig currency trades.
The number of Americans filing new claims for unemployment benefits fell less than expected last week and applications for the prior period were revised up, suggesting the labor market recovery had shifted into low gear amid fading fiscal stimulus.
A board member for Nikola Corp who helped the company go public earlier this year said on Thursday his firm was comfortable with the due diligence performed on the startup that has been called a "fraud" by a short seller.
Facebook Inc will no longer show health groups in its recommendations, the social media giant announced on Thursday, saying it was crucial that people get health information from "authoritative sources."
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