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WarnerMedia's Bob Greenblatt and Kevin Reilly, executives who oversaw its HBO Max streaming business, will leave as part of a restructuring, the company said on Friday.

The head of the US Postal Service (USPS) on Friday (Aug 7) said the agency faces a "dire" financial position even as it posted a slightly narrower third-quarter loss as package demand soared during the coronavirus pandemic.

Nokia's new chief executive Pekka Lundmark said he will take time to re-acquaint himself with the Finnish telecom equipment maker before setting a strategy, as the company jostles for position in the highly political 5G race.

Federal Aviation Administration (FAA) safety employees reported facing "strong" external pressure from industry and raised alarms the agency does not always prioritize air safety, according to an independent survey seen by Reuters on Friday.

A key Federal Reserve official told a congressional watchdog on Friday (Aug 7) that participation in a US$600 billion loan program meant to carry small and medium-sized firms through the coronavirus crisis would expand rapidly if the pandemic or economy worsened.

Federal Aviation Administration (FAA) safety employees reported facing "strong" external pressure from industry and raised alarms the agency does not always prioritize air safety, according to an independent survey seen by Reuters on Friday.

Canada will slap retaliatory tariffs on CUS$3.6 billion (US$2.7 billion) worth of U.S. aluminum products after the United States said it would impose punitive measures on Canadian aluminum imports, a senior official said on Friday.

Delta Air Lines Inc would need at least 3,000 of its roughly 20,000 flight attendants to take unpaid leave of four to 12 months, or consider other options, to avoid involuntary furloughs due to weak air travel, CNBC reported https://www.cnbc.com/2020/08/07/delta-urges-3000-flight-attendants-to ...

Pfizer Inc said on Friday (Aug 7) it signed a multiyear agreement to make COVID-19 treatment remdesivir for developer Gilead Sciences Inc, which is under pressure to increase tight supplies of the antiviral drug.

Activist fund Effissimo Capital Management, the biggest investor in Toshiba Corp , was kept in limbo by Japan's government over a key shareholder vote until the day before the industrial conglomerate's annual meeting, two government sources said.