Airline Avianca Holdings came under broad criticism in Colombia for paying its top two executives US$6 million in bonuses in May, at a time when the carrier had furloughed most of its employees without pay and was preparing a bankruptcy filing.
United Airlines has agreed to delay the effective date of pilot furloughs until Oct 30 while union members vote on a broader deal that would protect some 2,850 jobs for months longer.
TikTok asked a US judge on Wednesday to block a Trump administration order that would require Apple Inc and Alphabet Inc's Google to remove the short video-sharing app for new downloads starting Sunday.
Hoping to convince investors they will keep monetary policy super easy for years, two Federal Reserve officials on Wednesday explicitly pledged no rate hikes until inflation gets to 2per cent and stays there.
Gilead Sciences Inc has agreed to pay US$97 million to resolve U.S. government claims it used a purportedly independent charity to pay illegal kickbacks to cover Medicare patients' out-of-pocket costs for its pulmonary arterial hypertension drug Letairis.
Airline Avianca Holdings came under broad criticism in Colombia for paying its top two executives US$6 million in bonuses in May, at a time when the carrier had furloughed most of its employees without pay and was preparing a bankruptcy filing.
United Airlines and the union representing its pilots have agreed to delay furloughs until Oct. 30, according to a memorandum of understanding seen by Reuters.
Facebook Inc will not accept political ads that seek to claim victory before the results of the 2020 U.S. election are declared, a company spokesman tweeted on Wednesday.
Playboy Enterprises is nearing a deal to go public through a merger with Mountain Crest Acquisition Corp , which would value the owner of Playboy magazine at around US$425 million, including debt, people familiar with the matter said.
California will ban the sale of new gasoline powered passenger cars and trucks starting in 2035 in a dramatic move to shift to electric vehicles and reduce greenhouse gas emissions, Governor Gavin Newsom said on Wednesday (Sep 23).
