Markets

Social media app Parler has dropped its federal case against Amazon.com Inc for cutting off its web-hosting services and filed a separate lawsuit against the company and its web services unit in a Washington state court, according to court documents from late Tuesday.

British supermarket group Sainsbury's plans to cut an additional 500 jobs and reduce its office space as it simplifies administrative functions for the post-pandemic era, it said on Wednesday.

REUTERS: Shares of Oscar Health fell more than 7per cent in their stock market debut on Wednesday, fetching a valuation of just over US$7 billion for the health insurance startup backed by Google parent Alphabet Inc. The company's shares opened at US$36 on the New York Stock Exchange, below...

Boeing Co-backed supersonic jet maker Aerion said on Wednesday Berkshire Hathaway's private aircraft firm, NetJets, has obtained purchase rights for 20 of its AS2 business jets.

Facebook has taken down 185 accounts and groups engaged in an information influencing operation in Thailand run by the military, the company said on Wednesday (Mar 3), the first time it has taken down Thai accounts with ties to the government.

REUTERS: American Airlines and United Airlines on Thursday will begin providing workers with Johnson & Johnson's single-shot COVID-19 vaccine at Chicago's O'Hare airport, according to letters sent to Chicago-based employees. So far, U.S. airlines are not requiring employee vaccinations but are ...

Aon is set to be hit with an EU antitrust warning over its US$30 billion bid for Willis Towers Watson unless it offers concessions in the coming weeks, two people familiar with the matter said.

The White House said the federal government in planning to spend US$100 million to help the recently announced vaccine partnership between Merck & Co and rival Johnson & Johnson, White House senior adviser Andy Slavitt said on Wednesday.

A federal judge in Houston knocked US$5.7 million off the fine Exxon Mobil Corp faces for pollution from its largest U.S. crude oil refinery, according to court documents.

EU antitrust regulators are set to warn Aon that its US$30 billion bid for Willis Towers Watson to create the world's largest insurance broker may hurt competition unless concessions are offered in the coming weeks, two people familiar with the matter said.