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WASHINGTON: The U.S. government on Tuesday sued five U.S. companies and three individuals, alleging they were behind hundreds of millions of fraudulent robocalls that scammed elderly Americans and others into "massive financial losses." The U.S. Justice Department lawsuits said most of the calls ...

Apple Inc on Tuesday reported sales and profits for the holiday shopping quarter above Wall Street expectations, powered by a rise in iPhone sales for the first time in a year and soaring demand for add-ons like AirPods wireless headphones.

Electric pickup truck start-up Lordstown Motors is pursuing a US$200 million loan from a U.S. Energy Department program to retool a former General Motors factory in northeast Ohio, Chief Executive Steve Burns told Reuters.

The U.S. economy will grow at a "solid" rate of 2.2per cent this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting US$1.015 trillion.

Canada, the only member of an elite intelligence-sharing network yet to decide whether to allow the use of Huawei Technologies Co Ltd 5G technology, on Tuesday said it was studying Britain's decision not to ban the Chinese telecoms giant from the West's next-generation communications.

Renault will resume production at the factory it runs with Dongfeng Group in Wuhan, Hubei province and the epicenter of the outbreak of a new flu-like virus, on Feb. 10, a spokeswoman for the French carmaker said on Tuesday.

Facebook Inc recommended rules on Tuesday for how its independent oversight board will work and said a former human rights group director will lead the board's administrative staff.

A dramatic rally in Treasuries this week led some key parts of the U.S. yield curve to reinvert, a signal that has traditionally been bearish for the U.S. economy.

Freeport-McMoran Inc , the world's largest publicly traded copper producer, would consider acquisitions, mergers or other deals once three ongoing expansion projects finish by 2022, Chief Executive Richard Adkerson said in an interview on Tuesday.

Prime Minister Boris Johnson granted Huawei a limited role in Britain's 5G mobile network on Tuesday, defying U.S. pressure to exclude the Chinese company from next-generation communications over fears Beijing could use them to spy.