Markets

WASHINGTON: The Securities and Exchange Commission charged former Wells Fargo CEO John Stumpf and community bank chief Carrie Tolstedt with misleading investors, the watchdog announced Friday. The agency claimed that the former executives misled investors about the widespread sales practice ...

Hackers working for the Russian and North Korean governments have targeted more than half a dozen organizations involved in COVID-19 treatment and vaccine research around the globe, Microsoft said on Friday.

WASHINGTON: Hackers working for the Russian and North Korean governments have targeted more than half a dozen organisations involved in COVID-19 treatment and vaccine research around the globe, Microsoft said on Friday (Nov 13). The software company said a Russian hacking group commonly nicknamed ...

DoorDash Inc, the U.S. food delivery startup backed by SoftBank Group Corp , on Friday made public its regulatory filing for a listing on the New York Stock Exchange, setting the stage for a blockbuster market debut before the end of the year.

The U.S. economy is on a positive trajectory, but it is still in a "deep hole" and a rise in coronavirus infections could slow growth, New York Federal Reserve Bank President John Williams said Friday.

U.S. life insurers face questions about their ability to cover a sudden rush of claims after the Federal Reserve highlighted liquidity and leverage risks in a report this week.

Alphabet CEO Sundar Pichai has apologised to Europe's industry chief Thierry Breton over a leaked internal document proposing ways to counter the EU's tough new rules for technology companies.

When rumors first began to circulate that the UK would go back into lockdown, Leanne Barnes despaired as bread and toilet roll flew off the shelves again at her local supermarket. But to her surprise, shelves were back to being fully stocked within a few days.

U.S. stock index futures rebounded on Friday as shares of Disney and Cisco advanced after both reported upbeat quarterly results, but investors remained cautious as many U.S. states imposed restrictions to curb the relentless surge in coronavirus cases.

Europe's industry chief Thierry Breton has warned Alphabet CEO Sundar Pichai that he plans to rein in U.S. tech giants via a raft of new rules to curb the excesses of a "Wild West" internet.