UNITED Overseas Bank (UOB) on Tuesday announced that it will offer pre-approved loans of up to S$200,000 to ease the short-term liquidity woes of small businesses hit by the novel coronavirus fallout.
Ten of the world's largest banks, including JPMorgan Chase and Bank of America , have been sued for allegedly conspiring over nearly 14 years to rig prices in the US$9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars.
Uber Technologies Inc on Tuesday launched a website to help its ride-hail and delivery drivers navigate the intricate U.S. unemployment system, with many gig workers still waiting to receive jobless pay provided under a U.S. coronavirus response bill.
General Motors Co said on Tuesday it is shutting down its Maven car-sharing unit, after suspending operations because of the novel coronavirus.
Online lender LendingClub Corp said on Tuesday it would lay off 460 employees, including President Steven Allocca, as part of a restructuring plan to slash costs amid the economic fallout of the COVID-19 pandemic.
Chipotle Mexican Grill Inc on Tuesday reported a 16per cent fall in March same-store sales, as the coronavirus pandemic forced the company to keep its restaurants closed to diners.
Blockchain firm Ripple sued Alphabet Inc's YouTube on Tuesday, alleging the video-sharing platform failed to protect consumers from cryptocurrency "giveaway" scams that use fake social media profiles to dupe victims into sending money.
WASHINGTON: US congressional leaders and the White House agreed on Tuesday (Apr 21) on nearly US$500 billion more in COVID-19 relief for the US economy, and President Donald Trump urged them to pass it quickly before beginning discussions on another. The deal provides US$321 billion for a small ...
Chipotle Mexican Grill has agreed to pay US$25 million and enter a deferred prosecution agreement to resolve charges related to food borne illness outbreaks that sickened hundreds of people between 2015 and 2018, the Justice Department said on Tuesday.
The U.S. housing regulator on Tuesday provided some long-awaited relief for mortgage firms facing billions of dollars of missed home loan repayments, although industry officials said more liquidity assistance was needed.
