Facebook Inc said on Tuesday it plans to launch its news service in the United Kingdom, Germany, France, India and Brazil in the coming months, after having introduced the feature in the United States last year.
Sales of new US single-family homes increased to their highest level in more than 13.5 years in July as the housing market continues to show strong immunity to the COVID-19 pandemic, which has plunged the economy into recession and thrown tens of millions of Americans out of work.
U.S. bank profits were down 70per cent from a year prior in the second quarter of 2020 on continued economic uncertainty driven by the coronavirus pandemic, a regulator reported Tuesday.
American Airlines said on Tuesday it will cut 19,000 U.S. jobs in October as the COVID-19 pandemic continues to weigh on air travel, unless the government extends aid for airline employee payrolls.
Spam-maker Hormel Foods Corp on Tuesday warned that it would have a hard time meeting high demand for certain products because of supply chain, staffing and production problems brought on by the COVID-19 pandemic.
U.S. consumer confidence fell for second straight month in August as households worried about the economic outlook.
REUTERS: Alphabet Inc's life sciences division Verily on Tuesday launched a new subsidiary offering commercial insurance products, backed by reinsurer Swiss Re Group. Verily's Coefficient Insurance Company will help self-funded employers to control cost volatility in health benefit claims through ...
REUTERS: Billionaire Bill Gates is leading satellite antenna firm Kymeta’s latest funding round with a US$78 million investment, the company’s president told Reuters. Redmond, Washington-based Kymeta, which sells pizza box-sized antennas for installation on cars, trains and boats, secured US$85.2 ...
The collapsed payments company Wirecard has let go more than half of its remaining staff in Germany and terminated the contracts of its management board members, its insolvency administrator said on Tuesday.
Chinese businesses like Huawei Technologies Co pose a threat to the West, Hong Kong pro-democracy activist Nathan Law said on a visit to Italy on Tuesday, shortly before the Italian foreign minister was due to meet China's top diplomat.
