THE speed and ease with which consumers can obtain unregulated credit via buy now, pay later (BNPL) schemes have sparked growing concerns over unseen debt and potential financial distress.
Image-sharing company Pinterest Inc beat Wall Street estimates for quarterly revenue on Thursday, benefiting from heavy advertising by e-commerce retailers during the holiday season.
Ford Motor Co on Thursday boosted the amount of money it plans to invest on electric and autonomous vehicles to US$29 billion even as it posted a fourth-quarter net loss of US$2.8 billion.
U.S. stocks were higher on Thursday, extending recent gains after another batch of upbeat earnings and data suggesting the labor market may be stabilizing.
Snap Inc, owner of popular photo-messaging app Snapchat, on Thursday beat analysts' estimates for both user growth and revenue as the coronavirus pandemic prompted more people to use the app to connect with friends.
U.S. stocks were higher on Thursday, extending recent gains after another batch of upbeat earnings and data suggesting the labor market may be stabilizing.
A Texas court considering a state antitrust lawsuit against Alphabet Inc's Google is likely to hold a hearing on the company's request to move the trial to California, according to discussions at a status conference on Thursday.
Ford Motor Co said Thursday it is temporarily cutting shifts at two plants that built its flagship F-150 pickup trucks starting next week as a growing number of automakers have been hit by an ongoing semiconductor shortage.
Cameras on Google Pixel smartphones will be able to measure heart and breathing rates starting next month, in one of the first applications of Alphabet Inc's artificial intelligence technology to its wellness services.
Consulting firm McKinsey & Company on Thursday said it has agreed to pay nearly US$600 million to resolve investigations by most U.S. states into its alleged role in "turbocharging" sales of opioids, fueling a nationwide epidemic.
