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.
Bank of America Corp said on Thursday it was launching a new low-cost loan product for checking customers who may be pressed for cash.
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.
Cisco has signed up Britain's biggest telecoms group BT as its first customer for a new service to speed up internet video traffic through its networks as the coronavirus crisis pushes up demand for video streaming.
BRUSSELS: Engineers have built a giant 'vacuum cleaner' to rid a Belgian nature reserve of millions of pieces of plastic litter too small to collect by hand. The Galgeschoor reserve, a site of mudflats and salt marshes in the port city of Antwerp, has become riddled with plastic particles...
McDonald's Corp global sales improved in the third quarter versus the second quarter, down just 2.2per cent year over year, as drive-thru orders surged and special promotions lifted sales to double-digit percentage increases in September, the company said on Thursday.
World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the coronavirus crisis on the economy and consumer habits.
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