Markets

The U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday it is reviewing a defect petition that claims Tesla Inc failed to issue a recall when it issued a software upgrade in 2,000 Model S and Model X vehicles in May.

Investors are preparing for more cautious capital investment outlooks from U.S. companies as worries mount heading into earnings season about the possibility of an economic recession.

U.S. stocks rose on Friday as moderate jobs growth in September offered some relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the United States was sliding into a recession.

OxyContin maker Purdue Pharma LP steered up to US$13 billion in profits to the company's controlling Sackler family, according to U.S. states opposing efforts to halt lawsuits alleging the company and its owners helped fuel the U.S. opioid epidemic.

NEW YORK: Airbnb on Thursday (Oct 3) began offering "Animal Experiences" - promising harmony with nature, from lazing with alpacas to helping dogs struggling to survive in the aftermath of the Chernobyl nuclear disaster. The startup expanded beyond home-sharing services about three years ago into ...

PG&E Corp said in court papers on Friday it has debt financing commitments of US$34.35 billion for a planned Chapter 11 bankruptcy reorganization, countering a group of noteholders that has proposed its own reorganization plan for the California power producer.

Amazon Inc's streaming service, Prime Video, disappeared from Apple Inc's app store on Friday.

The U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday it is reviewing a defect petition that claims Tesla Inc failed to issue a recall when it issued a software upgrade in 2,000 Model S and Model X vehicles in May.

Pioneering digital payments firm PayPal on Friday (Oct 4) said it will no longer be part of an alliance intended to oversee the Facebook-backed Libra cryptocurrency, which has come under attack by regulators.

US President Donald Trump said on Friday that his administration has a "very good chance" of making a trade deal with China, and insisted there were no links between China talks and his desire for Beijing to investigate Democratic presidential candidate Joe Biden.