Organizers of a growing Facebook Inc advertising boycott said they saw "no commitment to action" after meeting with Chief Executive Mark Zuckerberg on Tuesday.
Microsoft and Zoom on Tuesday joined other major internet firms that have stopped considering requests by Hong Kong's government for information on users in the wake of China's imposition of a sweeping new security law.
Levi Strauss & Co on Tuesday cautioned its business would be hit in the second half of the year, even as the denim apparel maker's sales have been improving at its reopened stores, following government-mandated COVID-19 lockdowns.
A Pennsylvania hospital led by biotech billionaire Patrick Soon-Shiong won approval for up to US$5 million in federal aid for small businesses under a coronavirus pandemic loan program, government data show.
Six movie theater chains, including AMC Entertainment , Cinemark and Regal Cinemas, have sued New Jersey Governor Phil Murphy for refusing to let them resume operations, even after allowing churches, retailers and indoor shopping malls to reopen during the coronavirus pandemic.
Walt Disney Co will stick to its plans to reopen its Walt Disney World theme parks in Orlando, Florida, to a limited number of guests on Saturday, the company said in a statement on Tuesday.
Organizers of the Facebook ad boycott vowed Tuesday to continue their campaign, saying the social network's top executives had failed to offer meaningful action on curbing hateful content.
The S&P 500 eased on Tuesday, a day after the benchmark index logged its longest streak of gains this year as investors weighed the risk of a sharp jump in new coronavirus cases nationwide hindering a rebound in economic activity.
A Huawei Technologies executive warned that Brazil could suffer years of delay in deploying a 5G telecoms network and higher costs if it succumbs to mounting U.S. pressure to snub the Chinese equipment supplier.
The U.S. economy faces stiff headwinds in staging a strong recovery as a surge in coronavirus cases without a vaccine in sight and few treatment options will likely limit consumer spending and the labor market, U.S. Federal Reserve policymakers said on Tuesday.
