New applications for U.S. jobless benefits fell last week, but a record 32.9 million Americans were collecting unemployment checks in the third week of June, suggesting the labor market was struggling to claw out of the COVID-19 pandemic slump.
REUTERS: Coinbase Inc has initiated preparations for a stock market listing that could come as early as this year, making it the first major U.S. cryptocurrency exchange to go public, according to people familiar with the matter. The listing would need the U.S. Securities and Exchange Commission's ...
The French government backed union calls to avoid compulsory job cuts at Airbus on Thursday as several hundred workers marched from the company's headquarters to Toulouse-Blagnac airport.
Wells Fargo & Co will donate over US$400 million toward helping small businesses recover from the coronavirus pandemic, giving away all proceeds from its participation in the Payroll Protection Program.
A new US$1 billion fund backed by 20 drugmakers including Merck & Co Inc and Pfizer Inc is aiming to bolster struggling antibiotic companies and sustain a pipeline for new treatments, an industry group said on Thursday.
Britain is betting that satellite operator OneWeb will help it boldly go into a post-Brexit era. But it faces formidable challenges to complete a working constellation and rebuild a collapsed venture that has proved a money pit for investors.
TENINO: Tucked away under lock and key in a former railroad depot turned small-town museum in the US state of Washington, a wooden printing press cranked back to life to mint currency after nearly 90 dormant years. The end product: US$25 wooden bills bearing the town's name - Tenino...
Trading and underwriting revenue could provide some comfort for big Wall Street banks that begin reporting results next week, although second-quarter profits likely plunged because of the coronavirus pandemic's impact on lending.
REUTERS: Futures tracking the S&P 500 and Dow indexes edged lower on Thursday ahead of the closely watched weekly jobless claims report, with investors weighing the risk of another business shutdown amid soaring U.S. COVID-19 cases. A batch of upbeat economic data including the record pace of job ......
Google's YouTube is not required to hand over the email or IP address of users who upload films illegally to its video platform, Europe's top court ruled on Thursday, saying there must be a balance between protecting personal data and copyright.
