General Motors Co on Friday asked a U.S. appeals court to allow it to continue pursuing its civil racketeering suit against rival Fiat Chrysler Automobiles NV , rejecting a lower court judge's belittling of the complaint.
Wall Street's major indexes tumbled more than 2per cent on Friday as several U.S. states imposed business restrictions in response to a surge in coronavirus cases.
Facebook Inc said on Friday it will start labeling newsworthy content that violates the social media company's policies, and label all posts and ads about voting with links to authoritative information, including those from politicians.
THE HAGUE: Consumer giant Unilever, home to brands including Ben and Jerry's and Marmite, said on Friday (Jun 26) it will stop advertising on Facebook, Twitter and Instagram in the US until the end of 2020 due to the "polarized election period" there. The Anglo-Dutch firm is the largest...
Shares of U.S. banks dropped on Friday, with Wells Fargo's stock falling more than 6per cent and Goldman Sachs Group Inc down 7per cent, after the Federal Reserve capped dividend payments and barred share buybacks until at least the fourth quarter after its annual stress test.
Unilever PLC said on Friday it will stop advertising on Facebook, Instagram and Twitter in the United States for the rest of the year, citing "divisiveness and hate speech during this polarized election period in the U.S."
Austrian sensor producer AMS is poised to get the go-ahead from the European Union for its acquisition of German lighting group Osram , three people familiar with the matter said on Friday.
Shares of Albertsons Cos Inc reversed course in their U.S. market debut during early trading on Friday, after opening 3per cent lower than their initial public offering price.
Spirit AeroSystems Holdings Inc , a major jet parts maker struggling in the face of the ongoing Boeing Co 737 MAX grounding and COVID-19 pandemic, is extending furloughs for hundreds of 737 workers through August 14, the company said on Friday.
Customers of several British digital finance companies were unable to make payments or access their money on Friday after the collapse of German payments firm Wirecard caused disruption across borders.
