Walt Disney Co expects to have reopened "a little over 50per cent" of its hotels and resorts by the end of the fiscal year, according to Chief Financial Officer Christine McCarthy, who spoke via online video to the Bank of America Virtual 2020 Media, Communications & Entertainment Conference on...
U.S. Senator Marco Rubio, a Republican and a China hawk, asked for a national security review of plans by General Nutrition Centers , or GNC, to sell itself to Harbin Pharmaceutical Group Co Ltd.
American Airline's wholly-owned regional carrier Envoy is closing its bases at La Guardia and John F. Kennedy airports in New York as it "makes changes to its flying profile in 2021," according to a memo from Envoy to employees seen by Reuters.
Federal law enforcement authorities have charged 57 people with stealing US$175 million from an aid program meant to help small businesses weather pandemic lockdowns, officials said on Thursday, adding that they are eyeing hundreds more suspected cases of fraud.
Shares of Tesla jumped 5per cent on Thursday, winning back gains for a second day after suffering their worst one-session rout ever earlier this week.
Citigroup Inc on Thursday named consumer banking head Jane Fraser to succeed Michael Corbat next year as the bank's chief executive officer, making her the first woman to lead a major Wall Street bank.
The head of the US Senate Small Business panel on Thursday questioned JPMorgan chase & Co's chief executive following reports that several bank employees misused federal loans aimed at helping businesses weather the COVID-19 pandemic.
The European Central Bank is exploring the pros and cons of introducing a digital euro to complement cash and will publish its findings in the coming weeks, ECB President Christine Lagarde said on Thursday.
Twitter Inc said on Thursday it would label or remove misinformation aiming to undermine confidence in the U.S. election, including posts claiming victory before results have been certified or inciting unlawful conduct to prevent a peaceful transfer of power.
People flocked to stores - and back to restaurants - over Labor Day weekend in the United States, setting post-pandemic highs for retail foot traffic and seated dining but also posing a puzzle.
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