NEW YORK: The Dow and S&P 500 both fell on Wednesday (Jun 17) as markets monitored increased coronavirus cases amid worries US stocks are overvalued. The Dow Jones Industrial Average finished at 26,119.61, down 0.65 per cent. The broad-based S&P 500 lost 0.36 per cent at 3,113.49, while the tech ...
Alphabet Inc's Google on Wednesday announced new goals and policies to address racial issues at its offices, as protests over police brutality against African Americans have carried into discussions about corporate culture.
Amazon.com Inc on Wednesday launched a website for shoppers in Saudi Arabia, showing its continued business interests there despite a public dispute between Riyadh and the company's chief executive, Jeff Bezos.
A U.S. House of Representatives panel is debating on Wednesday a Democratic plan to boost infrastructure spending that aims to fix crumbling roads and highways and reduce carbon pollution.
Ride-hailing company Lyft Inc on Wednesday said every vehicle on its ride-hailing and rental car platform will be electric by 2030, but it would not provide direct financial support to drivers for switching from gas-powered cars.
Adidas rejected on Wednesday a call by employees to investigate the German sportswear brand's human resources chief over her handling of racism at the company after she described it last year as "noise" only discussed in America.
OSLO: Norway said on Wednesday (Jun 17) it wanted to resume exports of its salmon to China after Beijing appeared to rule it out as a possible source of COVID-19. Norwegian salmon came under scrutiny after a recently discovered cluster of new coronavirus cases was reportedly traced to the...
Walmart's Mexican unit has launched a mobile phone service available throughout the country, the retailer said on Wednesday.
Zoom Video Communications Inc is planning to offer all its free and paying users end-to-end encryption for video calls, the video conferencing provider said on Wednesday.
The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections that big tech platforms like Alphabet's Google and Facebook have had for decades, a senior official said, following through on U.S. President Donald Trump's bid to crack down on tech giants.
