U.S. private payrolls increased less than expected in November as soaring new COVID-19 infections led to a wave of business restrictions, adding to signs of slowing economic activity as a turbulent year winds down.
Federal Reserve officials saw "little or no growth" in four of their 12 U.S. districts and only modest growth elsewhere in recent weeks amid a rapidly spreading health crisis and the impact of a recession that has devastated some businesses and families even as many others thrive.
Amtrak, the U.S. passenger railroad, will pay US$2.25 million to resolve civil claims by the Justice Department that it discriminated against passengers with disabilities, and agreed to fix up train stations that failed to accommodate wheelchair-bound passengers and others with limited mobility.
The federal judge hearing the US Justice Department's antitrust lawsuit against Alphabet's Google urged the government's lawyers to redraft a proposed protective order to remove potential barriers that could prevent the search and advertising giant from effectively defending itself.
TUI secured a third bailout on Wednesday, striking a deal with private investors, banks and the German government for an extra 1.8 billion euros (US$2.2 billion) as the world's largest holiday company tries to ride out the coronavirus-linked travel slump.
A federal appeals court in Washington said on Wednesday it will hold Dec. 14 oral arguments on the government's appeal of an order that blocked a ban on Apple Inc and Alphabet’s Google offering TikTok for download in U.S. app stores.
The federal judge hearing the U.S. Justice Department's antitrust lawsuit against Alphabet's Google urged the government on Wednesday to narrow the definition of "highly sensitive" information as he considered arguments on which of Google's lawyers would be able to see evidence produced by other ...
U.S. Treasury Secretary Steven Mnuchin said on Wednesday he backs another US$20 billion in additional government payroll support for U.S. airlines.
The cost of battery cells used for electric vehicles has fallen to an average of US$110 per kilowatt hour (kWh), making such cars competitive with those using internal combustion engines (ICE), according to Benchmark Mineral Intelligence (BMI).
A fire at Norway's Tjeldbergodden industrial facility on Wednesday triggered an evacuation of staff and the shutdown of Europe's largest methanol plant and a gas processing terminal, state-controlled oil firm Equinor said.
